Civic Intelligence

Missoula Public Library Foundation

EIN 36-3804904 • 501(c)3 • Missoula, MT

Profile

Providing continuing support for the missoula public library

455 E Main StMissoula, MT 59802

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-78%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

16th percentile

-10%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,051,668

Up $15,903 (+1.5%) from 2021

Liabilities

Down

$161,144

Down $202,432 (-56%) from 2021

Net Assets

Up

$890,524

Up $218,335 (+32%) from 2021

Revenue

Up

$892,619

Up $517,840 (+138%) from 2021

Expenses

Down

$541,282

Down $247,546 (-31%) from 2021

Net Income

Up

$351,337

Up $765,386 (+185%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $436,691Net Assets 2010: $436,6912010Assets 2011: $435,140Net Assets 2011: $435,1402011Assets 2012: $401,280Net Assets 2012: $401,2802012Assets 2013: $374,562Net Assets 2013: $374,5622013Assets 2015: $203,013Net Assets 2015: $203,0132015Assets 2016: $548,550Liabilities 2016: $0Net Assets 2016: $548,5502016Assets 2017: $1,718,945Liabilities 2017: $0Net Assets 2017: $1,718,9452017Assets 2018: $1,211,256Liabilities 2018: $0Net Assets 2018: $1,211,2562018Assets 2019: $1,586,883Liabilities 2019: $0Net Assets 2019: $1,586,8832019Assets 2020: $1,039,776Liabilities 2020: $0Net Assets 2020: $1,039,7762020Assets 2021: $1,035,765Liabilities 2021: $363,576Net Assets 2021: $672,1892021Assets 2022: $1,051,668Liabilities 2022: $161,144Net Assets 2022: $890,5242022

Highlighted filing

2022

Assets$1,051,668
Liabilities$161,144
Net Assets$890,524

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2010: $86,618Expenses 2010: $65,312Net Income 2010: $21,3062010Revenue 2011: $17,476Expenses 2011: $19,027Net Income 2011: -$1,5512011Revenue 2012: $21,975Expenses 2012: $55,835Net Income 2012: -$33,8602012Revenue 2013: $23,073Expenses 2013: $49,791Net Income 2013: -$26,7182013Revenue 2015: $56,876Expenses 2015: $144,185Net Income 2015: -$87,3092015Revenue 2016: $420,311Expenses 2016: $62,681Net Income 2016: $357,6302016Revenue 2017: $1,188,213Expenses 2017: $17,818Net Income 2017: $1,170,3952017Revenue 2018: $3,145,185Expenses 2018: $3,652,874Net Income 2018: -$507,6892018Revenue 2019: $766,334Expenses 2019: $459,825Net Income 2019: $306,5092019Revenue 2020: $632,058Expenses 2020: $1,160,254Net Income 2020: -$528,1962020Revenue 2021: $374,779Expenses 2021: $788,828Net Income 2021: -$414,0492021Revenue 2022: $892,619Expenses 2022: $541,282Net Income 2022: $351,3372022

Highlighted filing

2022

Revenue$892,619
Expenses$541,282
Net Income$351,337

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.16$0.89$0.89$0.54$0.35
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.36$0.67$0.37$0.79$0.41
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$0.63$1.16$0.53
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.77$0.46$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$3.15$3.65$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.00$1.72$1.19$0.02$1.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.55$0.42$0.06$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.06$0.14$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.02$0.05$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.40$0.02$0.06$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.44$0.02$0.02$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.44$0.09$0.07$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 19, 2023
Return Version
2022v5.0
Gross Receipts
$1,176,058
Mission and Program Overview

Mission

Providing continuing support for the missoula public library to enhance programming, staff and for the benefit of the general public of library users

The mission of the missoula public library foundation is to advocate for the missoula public library and raise funds for library initiatives that enhance our community

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$672,189$890,524▲ $218,335
Investments in Publicly Traded Securities$753,798$856,154▲ $102,356
Cash and Non-Interest-Bearing Accounts$151,992$114,972▼ $37,020
Savings and Temporary Cash Investments$109,724$60,291▼ $49,433
Prepaid Expenses and Deferred Charges$20,251$20,251→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,035,765$1,051,668▲ $15,903
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$363,576$161,144▼ $202,432
Total Liabilities$363,576$161,144▼ $202,432
Net Assets / Fund Balance
Total Net Assets Fund Balance$672,189$890,524▲ $218,335
Total Liabilities and Net Assets / Fund Balance$1,035,765$1,051,668▲ $15,903

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$627,958-▲ $15,004-$636,982
2021$592,015-▲ $47,302$5,000$627,958
2020$573,131-▲ $20,039$1,155$592,015
2019$555,918-▲ $17,213-$573,131
2018$543,811-▲ $12,107-$555,918
Compensation and Service Providers

Board Members and Trustees

NameTitle
Geoff BadenochChairperson
Robin TurnerVice Chair
Brandon PrinzingBoard Member
Ce AbramsonBoard Member
Debbie HendricksBoard Member
Kelly SaxBoard Member
Mae Nan EllingsonBoard Member
Sasha BellBoard Member
Steve WhiteBoard Member
Toni MatlockBoard Member
Lauren WoodsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$885,620
Program Service Revenue
$0
Investment Income
$20,461
Other Revenue
$-13,462
All Other Contributions
$836,434
Change in Net Assets
$351,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$505,983
Other Expenses$35,299
Total Fundraising Expense$247
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$505,983--$505,983
Interest$13,054--$13,054
Fees for Service Investment Mgmnt Fees$10,404--$10,404
Office Expenses$2,750$2,750-$5,500
Advertising$1,500--$1,500
Fees for Services Accounting-$1,450-$1,450
Travel$1,017--$1,017
Other Expenses$24-$247$24
Total Functional Expenses$536,835$4,200$247$541,282
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Missoula Public LibraryMissoula, MT-Library Support & New Library Bldg$505,983
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,462
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$49,186-$13,462-
Total Events$49,186-$13,462$-13,462
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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 B, Line 11B

Board members receive an electronic copy of form 990 and can receive a paper copy upon request. Copies are provided and discussion and approval of form 990 is at regular scheduled board meetings.

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

Board members annually disclose any conflicts and organization officers and library director monitor organizational activities with conflict statements for resolution

Form 990, Part VI, Section C, Line 19

Bylaws and other documents available upon request

Filing and Contact Details

Filer

Filer Name
Missoula Public Library Foundation
EIN
36-3804904
Phone
4067212665
Address
455 E MAIN ST, MISSOULA, MT 59802

Signing Officer

Name
Lauren Woods
Title
Treasurer
Signed
2023-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren Woods
Formed
1990
Legal Domicile
Mt
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Boyle Deveny & Meyer PC
Address
305 South 4th East Suite 200, Missoula, MT 59801
Preparer
Matthew K Pritchard CPA
Phone
4067213555
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IRS990/MissionDesc0THE MISSION OF THE MISSOULA PUBLIC LIBRARY FOUNDATION IS TO ADVOCATE FOR THE MISSOULA PUBLIC LIBRARY AND RAISE FUNDS FOR LIBRARY INITIATIVES THAT ENHANCE OUR COMMUNITY
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020251
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012587
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018802
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0346864
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03106618
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05617513
IRS990ScheduleA/TotalSupportAmt05681904
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0NO ACTIVITIES IN 2022
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1 - Direct and Indirect Political Campaign Activities
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0636982
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0627958
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0592015
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL EVENT
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IRS990ScheduleI/RecipientTable/CashGrantAmt0505983
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LIBRARY SUPPORT & NEW LIBRARY BLDG
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MISSOULA PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0301 E MAIN
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MISSOULA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MT
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS RECEIVE AN ELECTRONIC COPY OF FORM 990 AND CAN RECEIVE A PAPER COPY UPON REQUEST. COPIES ARE PROVIDED AND DISCUSSION AND APPROVAL OF FORM 990 IS AT REGULAR SCHEDULED BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ANNUALLY DISCLOSE ANY CONFLICTS AND ORGANIZATION OFFICERS AND LIBRARY DIRECTOR MONITOR ORGANIZATIONAL ACTIVITIES WITH CONFLICT STATEMENTS FOR RESOLUTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BYLAWS AND OTHER DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19

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