Civic Intelligence

Boston Public Library Foundation Inc

990 • Fiscal year 2017 • EIN 04-3150560

Jul 01, 2016 to Jun 30, 2017 • Filed on May 08, 2018

700 Boylston StreetBoston, MA 02116

(617) 247-8980

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

3rd percentile

-87%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

91st percentile

$214,201

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

1st percentile

-53%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

54%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,285,328

Down $2,534,426 (-53%) from 2016

Net Assets

Down

$2,284,945

Down $2,450,758 (-52%) from 2016

Liabilities

Down

$383

Down $83,668 (-100%) from 2016

Revenue

Up

$2,914,421

Up $1,021,121 (+54%) from 2016

Expenses

Up

$5,436,547

Up $3,952,295 (+266%) from 2016

Net Income

Down

-$2,522,126

Down $2,931,174 (-717%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $2,929,991Liabilities 2010: $69,042Net Assets 2010: $2,860,9492010Assets 2011: $2,783,627Liabilities 2011: $73,208Net Assets 2011: $2,710,4192011Assets 2012: $3,217,016Liabilities 2012: $65,510Net Assets 2012: $3,151,5062012Assets 2013: $3,501,768Liabilities 2013: $159,577Net Assets 2013: $3,342,1912013Assets 2014: $3,843,976Liabilities 2014: $118,337Net Assets 2014: $3,725,6392014Assets 2015: $4,546,204Liabilities 2015: $72,828Net Assets 2015: $4,473,3762015Assets 2016: $4,819,754Liabilities 2016: $84,051Net Assets 2016: $4,735,7032016Assets 2017: $2,285,328Liabilities 2017: $383Net Assets 2017: $2,284,9452017Assets 2018: $2,412,989Liabilities 2018: $4,251Net Assets 2018: $2,408,7382018Assets 2019: $8,280,850Liabilities 2019: $1,038,213Net Assets 2019: $7,242,6372019Assets 2020: $6,800,909Liabilities 2020: $146,260Net Assets 2020: $6,654,6492020Assets 2021: $8,276,346Liabilities 2021: $916,983Net Assets 2021: $7,359,3632021Assets 2022: $5,785,151Liabilities 2022: $94,121Net Assets 2022: $5,691,0302022Assets 2023: $10,156,533Liabilities 2023: $78,003Net Assets 2023: $10,078,5302023Assets 2024: $12,446,713Liabilities 2024: $888,823Net Assets 2024: $11,557,8902024Assets 2025: $14,036,529Liabilities 2025: $141,635Net Assets 2025: $13,894,8942025

Highlighted filing

2017

Assets$2,285,328
Liabilities$383
Net Assets$2,284,945

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,318,7612010Revenue 2011: $584,602Expenses 2011: $993,726Net Income 2011: -$409,1242011Expenses 2012: $880,3742012Revenue 2013: $1,076,772Expenses 2013: $1,017,751Net Income 2013: $59,0212013Revenue 2014: $1,301,636Expenses 2014: $1,140,578Net Income 2014: $161,0582014Revenue 2015: $1,900,480Expenses 2015: $962,495Net Income 2015: $937,9852015Revenue 2016: $1,893,300Expenses 2016: $1,484,252Net Income 2016: $409,0482016Revenue 2017: $2,914,421Expenses 2017: $5,436,547Net Income 2017: -$2,522,1262017Revenue 2018: $349,551Expenses 2018: $261,880Net Income 2018: $87,6712018Revenue 2019: $5,241,100Expenses 2019: $393,767Net Income 2019: $4,847,3332019Revenue 2020: $1,749,534Expenses 2020: $2,268,493Net Income 2020: -$518,9592020Revenue 2021: $4,464,171Expenses 2021: $4,112,233Net Income 2021: $351,9382021Revenue 2022: $3,398,649Expenses 2022: $3,446,044Net Income 2022: -$47,3952022Revenue 2023: $8,176,290Expenses 2023: $4,184,300Net Income 2023: $3,991,9902023Revenue 2024: $5,623,283Expenses 2024: $4,997,008Net Income 2024: $626,2752024Revenue 2025: $7,541,977Expenses 2025: $5,757,405Net Income 2025: $1,784,5722025

Highlighted filing

2017

Revenue$2,914,421
Expenses$5,436,547
Net Income-$2,522,126
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 8, 2018
Return Version
2016v3.0
Gross Receipts
$4,776,700
Mission and Program Overview

Mission

The boston public library foundation (library foundation) provides financial support to the boston public library (bpl), ensuring that it remains viable, engaging, accessible, and free to all. The library foundation fulfills this mission by working in partnership with donors and other funders in making grants to support bpl programs and special initiatives. Funding from the library foundation supplements, but does not supplant, other bpl resources, including city of boston funding.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,103,618$1,647,289▼ $1,456,329
Cash and Non-Interest-Bearing Accounts$1,365,363$556,102▼ $809,261
Pledges and Grants Receivable$267,750$76,300▼ $191,450
Savings and Temporary Cash Investments$65,511$3,310▼ $62,201
Prepaid Expenses and Deferred Charges$17,512$2,327▼ $15,185
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$4,819,754$2,285,328▼ $2,534,426
Liabilities
Accounts Payable and Accrued Expenses$84,051$383▼ $83,668
Total Liabilities$84,051$383▼ $83,668
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,459,287$1,304,466▼ $2,154,821
Permanently Rstr Net Assets$718,229$718,229→ $0
Unrestricted Net Assets$558,187$262,250▼ $295,937
Total Net Assets Fund Balance$4,735,703$2,284,945▼ $2,450,758
Total Liabilities and Net Assets / Fund Balance$4,819,754$2,285,328▼ $2,534,426

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$13,319$13,319

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,716,689-▲ $233,170$1,300,260$1,650,599
2015$2,583,370$355,000▼ $18,136$-203,545$2,716,689
2014$2,144,458$469,000▲ $59,168$89,256$2,583,370
2013$1,612,642$345,352▲ $216,282$29,818$2,144,458
2012$1,534,548-▲ $105,428$27,334$1,612,642
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa BevilaquaExecutive DirectorFT$193,118$21,083$214,201
Hope CoolidgeFinance & Administration OPT$130,581$27,226$157,807

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,745,352
Program Service Revenue
$0
Investment Income
$169,069
Other Revenue
$0
All Other Contributions
$2,745,352
Change in Net Assets
$-2,522,126

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1,600$56,000Value of Tickets
Other Non Cash Contri Table87$10,306Market Value
Total Noncash Contributions1,687$66,306-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,914,421
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$125,793
Total Revenue per Audited Statements
$3,040,214
Total Revenue per Form 990
$2,914,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,061,938
Salaries, Compensation, and Employee Benefits$258,352
Total Fundraising Expense$144,406
Other Expenses$116,257
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,061,938--$5,061,938
Current Officers, Directors, Trustees, and Key Employees-$84,997$87,703$172,700
Other Employee Benefits-$27,171$27,890$55,061
Fees for Services Legal-$35,339-$35,339
Fees for Services Management-$24,013$1,300$25,313
Fees for Services Accounting-$17,065-$17,065
Fees for Service Investment Mgmnt Fees-$14,618-$14,618
Payroll Taxes-$5,180$5,712$10,892
Pension Plan Contributions-$5,291$5,430$10,721
Other Salaries and Wages-$4,656$4,322$8,978
Office Expenses-$2,173$4,903$7,076
Information Technology-$2,080$2,163$4,243
Insurance-$1,727$1,797$3,524
Other Expenses-$1,750$1,334$1,750
Total Functional Expenses$5,061,938$230,203$144,406$5,436,547

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,490,972
Expenses per Audited Statements$5,436,547
Total Expenses per Form 990$5,436,547
Expenses Not Reported on Form 990$54,425
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boston Public LibraryBoston, MA501(c)(3)FUNDS WERE PROVIDED TO THE BPL FOR VARIOUS PROGRAM GRANTS TO SUPPORT BPL'S MISSION.$4,995,632
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Three board members work for the same employer.

Form 990, Part VI, Section B, Line 11B

A draft form 990 was approved by the executive committee of the board of directors before it was filed.

Form 990, Part VI, Section B, Line 12C

Management monitors on an annual basis.

Form 990, Part VI, Section B, Line 15

These events were discussed by the board of directors at a board meeting.

Form 990, Part VI, Section C, Line 19

All information is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Boston Public Library Foundation Inc
EIN
04-3150560
Phone
6172478980
Address
700 BOYLSTON STREET, BOSTON, MA 02116

Signing Officer

Name
Jeffrey Hawkins
Title
Chairman
Phone
6172478980
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Hawkins Esq
Formed
1992
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
O'CONNOR & DREW PC
Address
25 BRAINTREE HILL OFC PK SUITE 102, BRAINTREE, MA 02184
Preparer
Steven J Cohen
Phone
6174711120
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Financial statement responsibility: the process has not changed from the prior year. The board of directors have assumed responsibility for the oversight of the audit.

Financial Statement Notes

PART V, LINE 4:

The investment policy for endowment funds is intended to preserve capital to the extent possible and provide a reasonably predictable stream of revenue in order to provide appropriate funding to the programs supported by endowment funds.

PART X, LINE 2:

Accounting principles generally accepted in the united states require an entity to assess the probability that a tax position has a "more likely than not" (mltn) sustainability after review by tax authorities. If a tax position is deemed not to meet this threshold, any unrecognized tax benefits and costs are estimated and recognized. Tax returns are routinely open for review by the tax authorities for three years from their due date. In certain circumstances the statute of limitations may remain open indefinitely. As a not-for-profit entity exempt from income taxes, the foundation may, however, be subject to tax on unrelated business income.

Raw XML AppendixShowing 400 of 554 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PayrollTaxesGrp/FundraisingAmt05712
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05180
IRS990/PayrollTaxesGrp/TotalAmt010892
IRS990/PensionPlanContributionsGrp/FundraisingAmt05430
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05291
IRS990/PensionPlanContributionsGrp/TotalAmt010721
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0718229
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0718229
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0267750
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt076300
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017512
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02327
IRS990/PrincipalOfficerNm0JEFFREY HAWKINS ESQ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FUNDS WERE PROVIDED TO THE BOSTON PUBLIC LIBRARY FOR VARIOUS PUBLIC PROGRAM GRANTS AND INITIATIVES IN SUPPORT OF ITS MISSION, INCLUDING ADULT LECTURE SERIES AND WORKSHOPS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01766716
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01766716
IRS990/ProgSrvcAccomActy3Grp/Desc0FUNDS WERE PROVIDED TO THE BOSTON PUBLIC LIBRARY IN SUPPORT OF YOUTH PROGRAMMING AT THE CENTRAL LIBRARY, AS WELL AS ACROSS THE 25 NEIGHBORHOOD BRANCHES. PROGRAMS INCLUDE HOMEWORK HELP, SCIENCE AND MUSIC PROGRAMS, SCHOOL VACATION WORKSHOPS, AND TEEN CENTRAL TECHNOLOGY STAFFING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01084916
IRS990/ProgSrvcAccomActy3Grp/GrantAmt01084916
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01889661
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0973146
IRS990/PYInvestmentIncomeAmt0125524
IRS990/PYOtherExpensesAmt0128702
IRS990/PYOtherRevenueAmt0-121885
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0409048
IRS990/PYSalariesCompEmpBnftPaidAmt0382404
IRS990/PYTotalExpensesAmt01484252
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01893300
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2522126
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065511
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02787777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01889661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01612223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01458145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0741335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08489141
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt012000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt012000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt079725
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0103725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt052885
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt052134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt061857
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt062527
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt049887
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0279290
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96850
IRS990ScheduleA/PublicSupportPY170Pct00.96200
IRS990ScheduleA/PublicSupportTotal170Amt08592866
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02799777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01901661
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01691948
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01458145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0741335
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08592866
IRS990ScheduleA/TotalSupportAmt08872156
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02716689
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01650599
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0233170
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01300260
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02583370
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0355000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02716689
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-18136
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-203545
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02144458
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0469000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02583370
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt059168
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt089256
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01612642
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0345352
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02144458
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0216282
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt029818
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01534548
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01612642
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0105428
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt027334
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt054425
IRS990ScheduleD/DonatedServicesUseFcltsAmt054425
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013319
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013319
IRS990ScheduleD/ExpensesNotReportedAmt054425
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05436547
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt071368
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.43510
IRS990ScheduleD/RevenueNotReportedAmt0125793
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02914421
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INVESTMENT POLICY FOR ENDOWMENT FUNDS IS INTENDED TO PRESERVE CAPITAL TO THE EXTENT POSSIBLE AND PROVIDE A REASONABLY PREDICTABLE STREAM OF REVENUE IN ORDER TO PROVIDE APPROPRIATE FUNDING TO THE PROGRAMS SUPPORTED BY ENDOWMENT FUNDS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" (MLTN) SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.56490
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt05436547
IRS990ScheduleD/TotalRevenuePerForm990Amt02914421
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03040214
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05490972
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt04995632
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt066306
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0RED SOX TICKETS-READ YOUR WAY TO FENWAY AND DONATED SECURITIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDS WERE PROVIDED TO THE BPL FOR VARIOUS PROGRAM GRANTS TO SUPPORT BPL'S MISSION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOSTON PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0046151731
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0700 BOYLSTON STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002116
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION INSPECTS CHARGES TO ENSURE THAT THEY ARE APPROPRIATE AND ALLOWABLE. THIS INCLUDES CHECKING CLERICAL ACCURACY AND CHECKING COMPLIANCE WITH APPLICABLE GUIDELINES. THE FOUNDATION ALSO MAKES SURE THAT EXPENSES FIT WITHIN THE REQUIRED CATEGORIES AND BUDGET AMOUNTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0130581
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1193118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027226
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt121083
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HOPE COOLIDGE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LISA BEVILAQUA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FINANCE & ADMINISTRATION O
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0157807
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1214201
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.14$13.9$7.54$5.76$1.78
2024Detailed filing. Detailed filing data is available for this year.$12.4$0.89$11.6$5.62$5.00$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$0.08$10.1$8.18$4.18$3.99
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$0.09$5.69$3.40$3.45$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.28$0.92$7.36$4.46$4.11$0.35
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.80$0.15$6.65$1.75$2.27$0.52
2019Summary only. Only limited summary data is available for this year.$8.28$1.04$7.24$5.24$0.39$4.85
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.00$2.41$0.35$0.26$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.28$2.91$5.44$2.52
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.82$0.08$4.74$1.89$1.48$0.41
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.55$0.07$4.47$1.90$0.96$0.94
2014Detailed filing. Detailed filing data is available for this year.$3.84$0.12$3.73$1.30$1.14$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.16$3.34$1.08$1.02$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.07$3.15$0.88
2011Summary only. Only limited summary data is available for this year.$2.78$0.07$2.71$0.58$0.99$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.07$2.86$1.32