Civic Intelligence

Indiana State Library Foundation Inc.

990 • Fiscal year 2016 • EIN 45-4195408

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

140 N Senate AveIndianapolis, IN 46204

(317) 232-3693

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

15th percentile

-20%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

59th percentile

4.0%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

146%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,461,183

Up $133,018 (+4.0%) from 2015

Net Assets

Up

$3,461,183

Up $133,018 (+4.0%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$179,728

Up $106,590 (+146%) from 2015

Expenses

Down

$216,556

Down $76,676 (-26%) from 2015

Net Income

Up

-$36,828

Up $183,266 (+83%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $3,237,445Liabilities 2012: $0Net Assets 2012: $3,237,4452012Assets 2013: $3,524,071Liabilities 2013: $0Net Assets 2013: $3,524,0712013Assets 2014: $3,622,242Liabilities 2014: $0Net Assets 2014: $3,622,2422014Assets 2015: $3,328,165Liabilities 2015: $0Net Assets 2015: $3,328,1652015Assets 2016: $3,461,183Liabilities 2016: $0Net Assets 2016: $3,461,1832016Assets 2017: $3,759,318Liabilities 2017: $0Net Assets 2017: $3,759,3182017Assets 2018: $3,230,466Liabilities 2018: $278,214Net Assets 2018: $2,952,2522018Assets 2019: $4,020,142Liabilities 2019: $532,696Net Assets 2019: $3,487,4462019Assets 2020: $4,524,595Liabilities 2020: $637,479Net Assets 2020: $3,887,1162020Assets 2021: $5,126,350Liabilities 2021: $823,571Net Assets 2021: $4,302,7792021Assets 2022: $4,420,628Liabilities 2022: $1,064,702Net Assets 2022: $3,355,9262022Assets 2023: $4,688,425Liabilities 2023: $926,140Net Assets 2023: $3,762,2852023Assets 2024: $4,637,041Liabilities 2024: $475,686Net Assets 2024: $4,161,3552024

Highlighted filing

2016

Assets$3,461,183
Liabilities$0
Net Assets$3,461,183

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $3,295,823Expenses 2012: $58,378Net Income 2012: $3,237,4452012Revenue 2013: $428,996Expenses 2013: $142,370Net Income 2013: $286,6262013Revenue 2014: $346,509Expenses 2014: $248,338Net Income 2014: $98,1712014Revenue 2015: $73,138Expenses 2015: $293,232Net Income 2015: -$220,0942015Revenue 2016: $179,728Expenses 2016: $216,556Net Income 2016: -$36,8282016Revenue 2017: $151,650Expenses 2017: $377,309Net Income 2017: -$225,6592017Revenue 2018: $78,909Expenses 2018: $424,347Net Income 2018: -$345,4382018Revenue 2019: $191,285Expenses 2019: $430,331Net Income 2019: -$239,0462019Revenue 2020: $552,840Expenses 2020: $314,287Net Income 2020: $238,5532020Revenue 2021: $658,053Expenses 2021: $341,139Net Income 2021: $316,9142021Revenue 2022: $198,698Expenses 2022: $345,281Net Income 2022: -$146,5832022Revenue 2023: $261,912Expenses 2023: $309,774Net Income 2023: -$47,8622023Revenue 2024: $300,709Expenses 2024: $224,606Net Income 2024: $76,1032024

Highlighted filing

2016

Revenue$179,728
Expenses$216,556
Net Income-$36,828
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$231,042
Mission and Program Overview

Mission

The mission of the indiana state library foundation is to serve the citizens of indiana through the support, enhancement, and promotion of activities of the indiana state library, their programs and collections , and to aid in the development of programs benefiting individuals and libraries throughout the state.

The foundation is organized exclusively for charitable, religious, educational and scientific purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,920,282$3,140,555▲ $220,273
Cash and Non-Interest-Bearing Accounts$407,883$320,628▼ $87,255
Total Assets$3,328,165$3,461,183▲ $133,018
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,679,753$2,469,389▼ $210,364
Unrestricted Net Assets$322,464$665,846▲ $343,382
Permanently Rstr Net Assets$325,948$325,948→ $0
Total Net Assets Fund Balance$3,328,165$3,461,183▲ $133,018
Total Liabilities and Net Assets / Fund Balance$3,328,165$3,461,183▲ $133,018

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$3,328,165$150,000▲ $37,349-$3,321,123
2015$3,622,242$37,080▼ $37,925-$3,328,165
2014$3,524,071$20,811▲ $325,698-$3,622,242
2013$3,237,445$25,571▲ $369,481-$3,524,071
2012-$3,295,474▲ $349$879$3,237,445
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert G BarcusPresident
James P FadelyVice President
Michael FrickDeputy Treasurer, Non-voti
Joyce BrinkmanMember
Mary Ellen BackerMember
Sandra SawyerMember
Scott SchusterMember
Stacey ParkerMember
Terry YoungMember
Sarah W OtteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$285
Program Service Revenue
$22,529
Investment Income
$156,914
Other Revenue
$0
All Other Contributions
$285
Change in Net Assets
$-36,828

Audited Revenue Reconciliation

Revenue per Audited Statements
$179,728
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$168,709
Total Revenue per Audited Statements
$348,437
Total Revenue per Form 990
$179,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$157,042
Other Expenses$59,514
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$157,042--$157,042
Conferences and Meetings$37,699--$37,699
Office Expenses$16,284--$16,284
Fees for Services Legal$12,604--$12,604
Other Expenses$9,912--$9,912
Advertising$6,419--$6,419
Insurance$670--$670
All Other Expenses$-88,118--$-88,118
Total Functional Expenses$216,556$0$0$216,556

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$216,556
Total Expenses per Form 990$216,556
Total Expenses per Audited Statements$215,419
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-1,137
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Indiana State LibraryIndianapolis, IN-Support for the Indiana State Library and Statewide Library Services and Programs.$157,042
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
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

The 990 is reviewed by the board of directors prior to filing.

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

Tax returns, governing documents, conflict of interest policy and financial statements are reviewed and discussed upon during board meetings.

Form 990, Part VI, Section B, Line 15

There are no paid employees.

Form 990, Part VI, Section C, Line 19

Tax returns, governing documents, conflict of interest policy and financial statements are available upon request at our office.

Filing and Contact Details

Filer

Filer Name
Indiana State Library Foundation Inc
EIN
45-4195408
Phone
3172323693
Address
140 N SENATE AVE, INDIANAPOLIS, IN 46204

Signing Officer

Name
Robert G Barcus President
Title
President
Phone
3172323693
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert G Barcus
Formed
2011
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Somerset Cpas Pc
Address
3925 RIVER CROSSING PKWY, INDIANAPOLIS, IN 46240
Preparer
Matthew W Utterback CPA
Phone
3174722200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior period adjustment 1,137.

Financial Statement Notes

PART X, LINE 2:

The organization does not believe it is taking any uncertian tax positions.

Raw XML AppendixShowing 400 of 429 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025571
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03244543
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03298459
IRS990ScheduleA/TotalSupportAmt04298851
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03321123
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0157042
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt037080
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03328165
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0185992
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-37925
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt067087
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03524071
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt020811
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0181251
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0325698
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt09873
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt025571
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0879
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0216556
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/PriorYearAdjustmentsAmt0-1137
IRS990ScheduleD/RevenueNotReportedAmt0168709
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0179728
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT BELIEVE IT IS TAKING ANY UNCERTIAN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0157042
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT FOR THE INDIANA STATE LIBRARY AND STATEWIDE LIBRARY SERVICES AND PROGRAMS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INDIANA STATE LIBRARY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0315 WEST OHIO STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046204
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE REVIEWED AND DISCUSSED UPON DURING BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO PAID EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAX RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT OUR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR PERIOD ADJUSTMENT 1,137.
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
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IRS990/SubjectToProxyTaxInd00
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IRS990/TerminateOperationsInd00
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IRS990/TotalProgramServiceRevenueAmt022529
IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0322464
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0665846
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0140 N SENATE AVE
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IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.ISLFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT G BARCUS PRESIDENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03172323693
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14

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