Civic Intelligence

The Queens Library Foundation Inc

990 • Fiscal year 2016 • EIN 11-3009405

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

Organization ProfileFOUNDATION.QUEENSLIBRARY.ORG
89-11 Merrick BoulevardJamaica, NY 11432

(718) 990-0700

Siviq Scores

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

Liabilities / Assets

12th percentile

0.01x

Higher debt load relative to assets than 12% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.07x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

12th percentile

-20%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

84th percentile

$349,450

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

23rd percentile

-3.4%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets12th percentile

Assets

Down

$16,098,597

Down $572,249 (-3.4%) from 2015

Net Assets

Down

$15,985,596

Down $568,109 (-3.4%) from 2015

Liabilities

Down

$113,001

Down $4,140 (-3.5%) from 2015

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin12th percentile

Revenue

Down

$1,559,690

Down $881,019 (-36%) from 2015

Expenses

Up

$1,872,554

Up $241,838 (+15%) from 2015

Net Income

Down

-$312,864

Down $1,122,857 (-139%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$30M$20M$10M$0Assets 2010: $11,910,157Liabilities 2010: $132,683Net Assets 2010: $11,777,4742010Assets 2011: $13,796,327Liabilities 2011: $227,777Net Assets 2011: $13,568,5502011Assets 2012: $14,771,977Liabilities 2012: $270,844Net Assets 2012: $14,501,1332012Assets 2013: $15,329,644Liabilities 2013: $269,050Net Assets 2013: $15,060,5942013Assets 2014: $16,205,974Liabilities 2014: $138,207Net Assets 2014: $16,067,7672014Assets 2015: $16,670,846Liabilities 2015: $117,141Net Assets 2015: $16,553,7052015Assets 2016: $16,098,597Liabilities 2016: $113,001Net Assets 2016: $15,985,5962016Assets 2017: $18,369,684Liabilities 2017: $156,289Net Assets 2017: $18,213,3952017Assets 2018: $19,885,767Liabilities 2018: $201,025Net Assets 2018: $19,684,7422018Assets 2019: $19,385,535Liabilities 2019: $181,803Net Assets 2019: $19,203,7322019Assets 2020: $20,578,982Liabilities 2020: $323,560Net Assets 2020: $20,255,4222020Assets 2021: $24,617,161Liabilities 2021: $264,568Net Assets 2021: $24,352,5932021Assets 2022: $22,489,630Liabilities 2022: $346,772Net Assets 2022: $22,142,8582022Assets 2023: $22,275,764Liabilities 2023: $302,445Net Assets 2023: $21,973,3192023Assets 2024: $24,372,863Liabilities 2024: $148,873Net Assets 2024: $24,223,9902024

Highlighted filing

2016

Assets$16,098,597
Liabilities$113,001
Net Assets$15,985,596
Open 2016 Filing

Operations Trend

Revenue Growth9th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,829,8842010Expenses 2011: $1,934,6262011Expenses 2012: $2,813,5142012Revenue 2013: $5,218,366Expenses 2013: $3,829,716Net Income 2013: $1,388,6502013Revenue 2014: $2,921,400Expenses 2014: $2,866,217Net Income 2014: $55,1832014Revenue 2015: $2,440,709Expenses 2015: $1,630,716Net Income 2015: $809,9932015Revenue 2016: $1,559,690Expenses 2016: $1,872,554Net Income 2016: -$312,8642016Revenue 2017: $2,027,465Expenses 2017: $2,190,485Net Income 2017: -$163,0202017Revenue 2018: $4,202,758Expenses 2018: $3,110,678Net Income 2018: $1,092,0802018Revenue 2019: $2,493,647Expenses 2019: $3,373,458Net Income 2019: -$879,8112019Revenue 2020: $3,364,668Expenses 2020: $3,506,352Net Income 2020: -$141,6842020Revenue 2021: $2,851,185Expenses 2021: $2,848,417Net Income 2021: $2,7682021Revenue 2022: $4,902,562Expenses 2022: $3,725,847Net Income 2022: $1,176,7152022Revenue 2023: $2,744,295Expenses 2023: $4,667,087Net Income 2023: -$1,922,7922023Revenue 2024: $3,441,111Expenses 2024: $3,759,730Net Income 2024: -$318,6192024

Highlighted filing

2016

Revenue$1,559,690
Expenses$1,872,554
Net Income-$312,864
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$1,714,847
Mission and Program Overview

Mission

The queens library foundation is the fundraising arm of queens public library. Incorporated in 1988, the mission of the queens library foundation is to raise funds from foundations, corporations, and private individuals to support the tens of thousands of free programs and services offered by queens public library.

The foundation benefits, assists, and supports the queens borough public library, its community libraries, divisions, collections, and successors, in all its activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,352,170$14,620,646▲ $268,476
Pledges and Grants Receivable$893,790$542,591▼ $351,199
Land, Buildings, and Equipment, Net$244,156$496,851▲ $252,695
Savings and Temporary Cash Investments$540,467$256,111▼ $284,356
Prepaid Expenses and Deferred Charges$112$10,112▲ $10,000
Total Assets$16,670,846$16,098,597▼ $572,249
Other Assets Total$640,151$172,286▼ $467,865
Liabilities
Accounts Payable and Accrued Expenses$94,913$90,814▼ $4,099
Other Liabilities$22,228$22,187▼ $41
Total Liabilities$117,141$113,001▼ $4,140
Net Assets / Fund Balance
Permanently Rstr Net Assets$8,189,883$8,406,417▲ $216,534
Temporarily Rstr Net Assets$7,824,242$6,811,155▼ $1,013,087
Unrestricted Net Assets$539,580$768,024▲ $228,444
Total Net Assets Fund Balance$16,553,705$15,985,596▼ $568,109
Total Liabilities and Net Assets / Fund Balance$16,670,846$16,098,597▼ $572,249

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$280,875$342,928$623,803
Buildings$151,905$185,464$337,369
Other Land Buildings$64,071$78,227$142,298

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$9,123,923$236,052▲ $1,138,484-$10,335,346
2014$8,805,924$357,941▲ $70,830-$9,123,923
2013$7,906,161$638,971▲ $399,477-$8,805,924
2012$6,886,455$892,861▲ $199,718-$7,906,161
2011$6,715,450$168,546▲ $2,459-$6,886,455
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Vincent Arcuri JrPresident
Wanda ChinVice President
Bridget Quinn Carey(former) Director (to 4/11/16)
Carl S Koerner EsqDirector
Catherine LeeDirector
Eugene a Petracca JrDirector
James M HaddadDirector
Matthew M GortonDirector
Michael Rodriquez EsqDirector
Dennis M WalcottDirector (eff 3/13/2016)
Diana ChapinExecutive Director
Tracy YogmanAssistant Treasurer
Jose RiveroSecretary
Edward Sadowsky EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,384,295
Program Service Revenue
$0
Investment Income
$124,121
Other Revenue
$51,274
All Other Contributions
$1,365,479
Change in Net Assets
$-312,864

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,559,690
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$678,428
Total Revenue per Audited Statements
$2,238,118
Total Revenue per Form 990
$1,559,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,108,798
Salaries, Compensation, and Employee Benefits$648,590
Total Fundraising Expense$177,432
Professional Fundraising Fees$115,166
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$569,979$72,653-$642,632
Fees for Services Professional Fundraising--$115,166$115,166
Fees for Service Investment Mgmnt Fees-$98,788-$98,788
Depreciation Depletion$85,879--$85,879
Fees for Services Other$13,821$56,144-$69,965
Information Technology$57,424-$5,510$62,934
Other Expenses$30,173$1,603$11,296$43,072
Advertising--$12,250$12,250
Fees for Services Accounting--$12,168$12,168
Payroll Taxes-$5,958-$5,958
Conferences and Meetings$5,895--$5,895
Travel$1,706--$1,706
All Other Expenses$-115,166--$-115,166
Total Functional Expenses$1,459,976$235,146$177,432$1,872,554

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,806,227
Expenses per Audited Statements$1,872,554
Total Expenses per Form 990$1,872,554
Expenses Not Reported on Form 990$933,673
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$115,166
Fundraising Gross Income$55,294
Fundraising Direct Expenses$4,020

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cocktail Party$74,110$55,294-$55,294
Total Events$74,110$55,294$4,020$51,274
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expense$22,187
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

“The foundation's board elects its own members, which are then subject to approval by the library board of trustees.”

Form 990, Part VI, Section B, Line 11

“Draft of the form 990 was presented to the audit committee for review prior to filing.”

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

“Conflict of interest forms are completed annually and the policy requires disclosure for any arising conflicts.”

Form 990, Part VI, Section B, Line 15

“Both a compensation survey completed by an independent consultant and an internal compensation analysis are used as the basis to benchmark the president and chief executive officer's compensation. These reports include current market comparability data, surveys, and irs form 990 filings of organizations of similar sizes. The board of trustees approves the president and ceo's compensation pursuant to the by-laws. The salaries of other officers and key employees is based on a compensation program using salary grades designed by an independent consultant. The salary ranges are reviewed regularly and updated as needed by a consultant to ensure market competitive salaries for all non-union employees. These ranges are approved by the board of trustees.”

Form 990, Part VI, Section C, Line 19

“The foundation's form 990 is available upon its website, as well as guidestar's website. Financial statements and by-laws are available on the foundation's website and are available upon request. Conflict of interest policy is available upon request.”

FORM 990, PART VI, LINE 14:

“The queens library foundation has not adopted its own document retention and destruction policy, but voluntarily complies with the queens library's policy.”

Filing and Contact Details

Filer

Filer Name
The Queens Library Foundation Inc
EIN
11-3009405
Phone
7189900700
Address
89-11 MERRICK BOULEVARD, JAMAICA, NY 11432

Signing Officer

Name
Johanna M Richman CPA
Title
Executive Director
Phone
7189900700
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
JOHN T O'BRIEN
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes in the audit oversight or selection process have taken place for the fiscal year ending june 30, 2016.”

Financial Statement Notes

PART V, LINE 4:

“Spending policy for endowment funds is limited to amounts and purposes prescribed by the various grantors.”

PART X, LINE 2:

“Income taxes have not been provided for, as the foundation is tax-exempt under section 501(c)(3) of the internal revenue code. The foundation files form 990, return of organization exempt from income tax and new york state return (char-500).”

Raw XML AppendixShowing 400 of 646 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt094913
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt090814
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION BENEFITS, ASSISTS, AND SUPPORTS THE QUEENS BOROUGH PUBLIC LIBRARY, ITS COMMUNITY LIBRARIES, DIVISIONS, COLLECTIONS, AND SUCCESSORS, IN ALL ITS ACTIVITIES.
IRS990/AdvertisingGrp/FundraisingAmt012250
IRS990/AdvertisingGrp/TotalAmt012250
IRS990/AllOtherContributionsAmt01365479
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-115166
IRS990/AllOtherExpensesGrp/TotalAmt0-115166
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHANNA RICHMAN
IRS990/BooksInCareOfDetail/PhoneNum07189900864
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt089-11 MERRICK BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0JAMAICA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011432
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05895
IRS990/ConferencesMeetingsGrp/TotalAmt05895
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt018816
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01384295
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0124121
IRS990/CYOtherExpensesAmt01108798
IRS990/CYOtherRevenueAmt051274
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-312864
IRS990/CYSalariesCompEmpBnftPaidAmt0648590
IRS990/CYTotalExpensesAmt01872554
IRS990/CYTotalFundraisingExpenseAmt0177432
IRS990/CYTotalProfFndrsngExpnsAmt0115166
IRS990/CYTotalRevenueAmt01559690
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt085879
IRS990/DepreciationDepletionGrp/TotalAmt085879
IRS990/Desc0THE FOUNDATION BENEFITS, ASSISTS, AND SUPPORTS THE QUEENS BOROUGH PUBLIC LIBRARY, ITS COMMUNITY LIBRARIES, DIVISIONS, COLLECTIONS, AND SUCCESSORS, IN ALL ITS ACTIVITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01459976
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt012168
IRS990/FeesForServicesAccountingGrp/TotalAmt012168
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt056144
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt013821
IRS990/FeesForServicesOtherGrp/TotalAmt069965
IRS990/FeesForServicesProfFundraising/FundraisingAmt0115166
IRS990/FeesForServicesProfFundraising/TotalAmt0115166
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt098788
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt098788
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1154202
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1260580
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt134078
IRS990/Form990PartVIISectionAGrp/PersonNm0VINCENT ARCURI JR
IRS990/Form990PartVIISectionAGrp/PersonNm1WANDA CHIN
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW M GORTON
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES M HADDAD
IRS990/Form990PartVIISectionAGrp/PersonNm4CARL S KOERNER ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm5CATHERINE LEE
IRS990/Form990PartVIISectionAGrp/PersonNm6EUGENE A PETRACCA JR
IRS990/Form990PartVIISectionAGrp/PersonNm7DENNIS M WALCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSE RIVERO
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL RODRIQUEZ ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD SADOWSKY ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm11TRACY YOGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12BRIDGET QUINN CAREY
IRS990/Form990PartVIISectionAGrp/PersonNm13DIANA CHAPIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11206641
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12288870
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13158676
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (EFF 3/13/2016)
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12(FORMER) DIRECTOR (TO 4/11/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt018816
IRS990/FundraisingDirectExpensesAmt04020
IRS990/FundraisingGrossIncomeAmt055294
IRS990/GainOrLossGrp/SecuritiesAmt0-151137
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01714847
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt05510
IRS990/InformationTechnologyGrp/ProgramServicesAmt057424
IRS990/InformationTechnologyGrp/TotalAmt062934
IRS990/InvestmentIncomeGrp/ExclusionAmt0275258
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0275258
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014352170
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014620646
IRS990/IRPDocumentCnt048
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0606619
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0244156
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0496851
IRS990/LandBldgEquipCostOrOtherBssAmt01103470
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0151137
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION BENEFITS, ASSISTS, AND SUPPORTS THE QUEENS BOROUGH PUBLIC LIBRARY, ITS COMMUNITY LIBRARIES, DIVISIONS, COLLECTIONS, AND SUCCESSORS, IN ALL ITS ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016553705
IRS990/NetAssetsOrFundBalancesEOYAmt015985596
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-151137
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-151137
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt051274
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt051274
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-255245
IRS990/NoncashContributionsAmt01038
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0640151
IRS990/OtherAssetsTotalGrp/EOYAmt0172286
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BOOKS AND LIBRARY MATER
IRS990/OtherExpensesGrp/Desc1PROGRAMS
IRS990/OtherExpensesGrp/Desc2SUPPLIES, EQUIPMENT & F
IRS990/OtherExpensesGrp/Desc3OTHER EXPS
IRS990/OtherExpensesGrp/FundraisingAmt021042
IRS990/OtherExpensesGrp/FundraisingAmt111296
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01603
IRS990/OtherExpensesGrp/ProgramServicesAmt0413153
IRS990/OtherExpensesGrp/ProgramServicesAmt1276092
IRS990/OtherExpensesGrp/ProgramServicesAmt2121020
IRS990/OtherExpensesGrp/ProgramServicesAmt330173
IRS990/OtherExpensesGrp/TotalAmt0413153
IRS990/OtherExpensesGrp/TotalAmt1276092
IRS990/OtherExpensesGrp/TotalAmt2142062
IRS990/OtherExpensesGrp/TotalAmt343072
IRS990/OtherLiabilitiesGrp/BOYAmt022228
IRS990/OtherLiabilitiesGrp/EOYAmt022187
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt072653
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0569979
IRS990/OtherSalariesAndWagesGrp/TotalAmt0642632
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05958
IRS990/PayrollTaxesGrp/TotalAmt05958
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt08189883
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt08406417
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0893790
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0542591
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0112
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010112
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01800534
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0640175
IRS990/PYOtherExpensesAmt01093666
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0809993
IRS990/PYSalariesCompEmpBnftPaidAmt0537050
IRS990/PYTotalExpensesAmt01630716
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02440709
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-312864
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0540467
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0256111
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01435569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01800534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02393770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03641517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03654181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012925571
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0275258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0242238
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0241819
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0259359
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0235000
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01253674
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91160
IRS990ScheduleA/PublicSupportPY170Pct00.92260
IRS990ScheduleA/PublicSupportTotal170Amt012925571
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01435569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01800534
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02393770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03641517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03654181
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012925571
IRS990ScheduleA/TotalSupportAmt014179245
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0151905
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0185464
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0337369
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0163113
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt09123923
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0236052
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010335346
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01138484
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0110772
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08805924
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0357941
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt09123923
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt070830
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0138685
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07906161
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0638971
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08805924
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0399477
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt072873
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06886455
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0892861
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07906161
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0199718
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06715450
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0168546
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06886455
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02459
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0933673
IRS990ScheduleD/DonatedServicesUseFcltsAmt0933673
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0280875
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0342928
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0623803
IRS990ScheduleD/ExpensesNotReportedAmt0933673
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01872554
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-255245
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt064071
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt078227
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0142298

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,098,597
Liabilities
$113,001
Net assets
$15,985,596
Revenue
$1,559,690
Expenses
$1,872,554
Net income
-$312,864
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.4$0.15$24.2$3.44$3.76$0.32
2023Detailed filing. Detailed filing data is available for this year.$22.3$0.30$22.0$2.74$4.67$1.92
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.5$0.35$22.1$4.90$3.73$1.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.6$0.26$24.4$2.85$2.85$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$0.32$20.3$3.36$3.51$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$0.18$19.2$2.49$3.37$0.88
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.9$0.20$19.7$4.20$3.11$1.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.4$0.16$18.2$2.03$2.19$0.16
2016Detailed filing. Detailed filing data is available for this year.$16.1$0.11$16.0$1.56$1.87$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$0.12$16.6$2.44$1.63$0.81
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$16.2$0.14$16.1$2.92$2.87$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.27$15.1$5.22$3.83$1.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.27$14.5$2.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$0.23$13.6$1.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.13$11.8$1.83