Civic Intelligence

Library Endowment Trust

990 • Fiscal year 2019 • EIN 73-6227587

Jul 01, 2018 to Jun 30, 2019 • Filed on May 14, 2020

Organization ProfileN/A
300 Park AvenueOklahoma City, OK 73102

(405) 606-3761

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

56th percentile

4.9%

Faster asset growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$6,169,034

Up $286,692 (+4.9%) from 2018

Net Assets

Up

$6,168,228

Up $293,699 (+5.0%) from 2018

Liabilities

Down

$806

Down $7,007 (-90%) from 2018

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin96th percentile

Revenue

Down

$401,444

Down $349,067 (-47%) from 2018

Expenses

Down

$107,745

Down $51,236 (-32%) from 2018

Net Income

Down

$293,699

Down $297,831 (-50%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$10M$5.0M$0Assets 2012: $1,781,879Liabilities 2012: $0Net Assets 2012: $1,781,8792012Assets 2013: $2,703,623Liabilities 2013: $0Net Assets 2013: $2,703,6232013Assets 2014: $4,353,540Liabilities 2014: $3,750Net Assets 2014: $4,349,7902014Assets 2015: $4,507,264Liabilities 2015: $0Net Assets 2015: $4,507,2642015Assets 2016: $4,738,760Liabilities 2016: $2,132Net Assets 2016: $4,736,6282016Assets 2017: $5,287,976Liabilities 2017: $4,979Net Assets 2017: $5,282,9972017Assets 2018: $5,882,342Liabilities 2018: $7,813Net Assets 2018: $5,874,5292018Assets 2019: $6,169,034Liabilities 2019: $806Net Assets 2019: $6,168,2282019Assets 2020: $6,469,236Liabilities 2020: $6,248Net Assets 2020: $6,462,9882020Assets 2021: $7,109,660Liabilities 2021: $9,675Net Assets 2021: $7,099,9852021Assets 2022: $5,986,255Liabilities 2022: $1,526Net Assets 2022: $5,984,7292022Assets 2023: $6,516,698Liabilities 2023: $22,339Net Assets 2023: $6,494,3592023Assets 2024: $7,239,387Liabilities 2024: $3,080Net Assets 2024: $7,236,3072024Assets 2025: $8,413,560Liabilities 2025: $0Net Assets 2025: $8,413,5602025

Highlighted filing

2019

Assets$6,169,034
Liabilities$806
Net Assets$6,168,228
Open 2019 Filing

Operations Trend

Revenue Growth6th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $108,849Expenses 2012: $50,294Net Income 2012: $58,5552012Revenue 2013: $945,804Expenses 2013: $24,060Net Income 2013: $921,7442013Revenue 2014: $1,688,621Expenses 2014: $42,453Net Income 2014: $1,646,1682014Revenue 2015: $353,310Expenses 2015: $195,836Net Income 2015: $157,4742015Revenue 2016: $278,635Expenses 2016: $49,273Net Income 2016: $229,3622016Revenue 2017: $613,878Expenses 2017: $67,509Net Income 2017: $546,3692017Revenue 2018: $750,511Expenses 2018: $158,981Net Income 2018: $591,5302018Revenue 2019: $401,444Expenses 2019: $107,745Net Income 2019: $293,6992019Revenue 2020: $316,453Expenses 2020: $46,694Net Income 2020: $269,7592020Revenue 2021: $1,689,197Expenses 2021: $1,052,200Net Income 2021: $636,9972021Revenue 2022: $504,874Expenses 2022: $1,616,905Net Income 2022: -$1,112,0312022Revenue 2023: $747,862Expenses 2023: $246,007Net Income 2023: $501,8552023Revenue 2024: $927,155Expenses 2024: $202,430Net Income 2024: $724,7252024Revenue 2025: $1,424,127Expenses 2025: $246,874Net Income 2025: $1,177,2532025

Highlighted filing

2019

Revenue$401,444
Expenses$107,745
Net Income$293,699
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 14, 2020
Return Version
2018v3.1
Gross Receipts
$427,948
Mission and Program Overview

Mission

The Library Endowment Trust (LET) raises money to aid the Metropolitan Library System (MLS). The money raised is used to make grants to the MLS each year and to increase the LET assets. Money is raised primarily by an annual campaign and by an annual author dinner event.

The Endowment Trust was established to give people a way to make charitable gifts to the library and to raise funds to enhance our libraries and help to meet future library needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,358,891$5,882,374▲ $523,483
Cash and Non-Interest-Bearing Accounts$313,496$72,824▼ $240,672
Accounts Receivable$18,616$18,967▲ $351
Total Assets$5,882,342$6,169,034▲ $286,692
Other Assets Total$191,339$194,869▲ $3,530
Liabilities
Accounts Payable and Accrued Expenses$7,813$806▼ $7,007
Total Liabilities$7,813$806▼ $7,007
Net Assets / Fund Balance
Unrestricted Net Assets$3,360,142$3,653,841▲ $293,699
Temporarily Rstr Net Assets$2,318,049$2,318,049→ $0
Permanently Rstr Net Assets$196,338$196,338→ $0
Total Net Assets Fund Balance$5,874,529$6,168,228▲ $293,699
Total Liabilities and Net Assets / Fund Balance$5,882,342$6,169,034▲ $286,692

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$5,882,342$128,848▲ $265,589$0$6,169,034
2017$5,287,976$417,307▲ $336,040$0$5,882,342
2016$4,738,763$236,060▲ $403,855$0$5,287,976
2015$4,507,265$272,852▲ $7,919$0$4,738,763
2014$4,349,791$387,087▼ $33,777$0$4,507,265
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Heather RossPresident
Craig WoodruffVice President
Catherine ArmitageTrustee
Karen DelaneyTrustee
Kevin DunningtonTrustee
Larry DavisTrustee
Liz CromwellTrustee
Mark FishTrustee
Mark RobertsonTrustee
Rachel PappyTrustee
Robert ClementsTrustee
Roberta FieldsTrustee
Steve PayneTrustee
Susan AdamsTrustee
Susie SymcoxTrustee
Suzy SultemeierTrustee
Ron BryneSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$128,848
Program Service Revenue
$0
Investment Income
$340,047
Other Revenue
$-67,451
All Other Contributions
$60,073
Change in Net Assets
$293,699
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$56,696
Other Expenses$51,049
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$56,696--$56,696
Fees for Services Accounting$0$25,187$0$25,187
Fees for Service Investment Mgmnt Fees$0$18,304$0$18,304
Office Expenses$0$6,188$0$6,188
Other Expenses$0$689$0$689
Insurance$0$344$0$344
Conferences and Meetings$0$29$0$29
Total Functional Expenses$56,696$51,049$0$107,745
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Metropolitan Library SystemOklahoma City, OK-Attachment 1$56,696
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$26,504
Fundraising Gross Income$12,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Literary Voices$81,000$81,000$26,504$54,496
Total Events$81,000$81,000$26,504$54,496
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
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
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
Filing and Contact Details

Filer

Filer Name
Library Endowment Trust
EIN
73-6227587
Phone
4056063761
Address
300 Park Avenue, Oklahoma City, OK 73102

Signing Officer

Name
Ronald J Byrne
Title
Treasurer
Phone
4056063761
Signed
2020-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Ok
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Dianna H Rowland CPA Pc
Address
PO BOX 720296, OKLAHOMA CITY, OK 73172-0296
Preparer
Dianna H Rowland CPA
Phone
4058341793
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The form 990 is e-mailed to all Trustees for review prior”

Pt VI, Line 11B

“to being filed with the IRS.”

Pt VI, Line 12C

“Each Trustee signs a Conflict of Interest agreement yearly.”

Pt VI, Line 18

“Governing documents, Conflict of Interest agreements and”

Pt VI, Line 19

“audited financial statements are available for public”

Pt VI, Line 19

“viewing at:”

Pt VI, Line 19

“Development Office”

Pt VI, Line 19

“Metropolitan Library System”

Pt VI, Line 19

“300 Park Avenue”

Pt VI, Line 19

“Oklahoma City, OK 73102”

Pt XI

“Misc rounding difference”

Financial Statement Notes

Other

“Both negatives are the expenses incurred for the”

Pt XI, Line 4B

“fundraising dinner. They are included in the expenses of”

Pt XII, Line 4B

“the audited financial statements, but are netted against”

Pt XII, Line 4B

“revenue on this Form 990.”

Other

“Investment expenses are netted against revenue on the”

Other

“audited financials but not on this Form 990.”

Pt XII, Line 2D

“Funraising expenses netted with revenue on this form”

Raw XML AppendixShowing 400 of 563 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07813
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0806
IRS990/AccountsReceivableGrp/BOYAmt018616
IRS990/AccountsReceivableGrp/EOYAmt018967
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Endowment Trust was established to give people a way to make charitable gifts to the library and to raise funds to enhance our libraries and help to meet future library needs.
IRS990/AllOtherContributionsAmt060073
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Taxpayer
IRS990/BooksInCareOfDetail/PhoneNum04056063761
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 Park Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Oklahoma City
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd073102
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0313496
IRS990/CashNonInterestBearingGrp/EOYAmt072824
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt029
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt029
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt081000
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0128848
IRS990/CYGrantsAndSimilarPaidAmt056696
IRS990/CYInvestmentIncomeAmt0340047
IRS990/CYOtherExpensesAmt051049
IRS990/CYOtherRevenueAmt0-67451
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0293699
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0107745
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0401444
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Grant dollars given to the Metropolitan Library System to aid the library in its yearly programming
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt056696
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025187
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt025187
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt018304
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt018304
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
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/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0Susie Symcox
IRS990/Form990PartVIISectionAGrp/PersonNm1Heather Ross
IRS990/Form990PartVIISectionAGrp/PersonNm2Craig Woodruff
IRS990/Form990PartVIISectionAGrp/PersonNm3Ron Bryne
IRS990/Form990PartVIISectionAGrp/PersonNm4Susan Adams
IRS990/Form990PartVIISectionAGrp/PersonNm5Catherine Armitage
IRS990/Form990PartVIISectionAGrp/PersonNm6Kevin Dunnington
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert Clements
IRS990/Form990PartVIISectionAGrp/PersonNm8Karen Delaney
IRS990/Form990PartVIISectionAGrp/PersonNm9Liz Cromwell
IRS990/Form990PartVIISectionAGrp/PersonNm10Roberta Fields
IRS990/Form990PartVIISectionAGrp/PersonNm11Larry Davis
IRS990/Form990PartVIISectionAGrp/PersonNm12Steve Payne
IRS990/Form990PartVIISectionAGrp/PersonNm13Mark Robertson
IRS990/Form990PartVIISectionAGrp/PersonNm14Mark Fish
IRS990/Form990PartVIISectionAGrp/PersonNm15Rachel Pappy
IRS990/Form990PartVIISectionAGrp/PersonNm16Suzy Sultemeier
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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary / Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt068775
IRS990/FundraisingDirectExpensesAmt026504
IRS990/FundraisingGrossIncomeAmt012225
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt056696
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt056696
IRS990/GrantsToDomesticOrgsGrp/TotalAmt056696
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0427948
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0344
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt0344
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0340047
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05358891
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05882374
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0-53172
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-53172
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The Library Endowment Trust (LET) raises money to aid the Metropolitan Library System (MLS). The money raised is used to make grants to the MLS each year and to increase the LET assets. Money is raised primarily by an annual campaign and by an annual author dinner event.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05874529
IRS990/NetAssetsOrFundBalancesEOYAmt06168228
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-14279
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-14279
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06188
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt06188
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0191339
IRS990/OtherAssetsTotalGrp/EOYAmt0194869
IRS990/OtherExpensesGrp/Desc0Misc
IRS990/OtherExpensesGrp/Desc1Credit Card Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0308
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1689
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt0308
IRS990/OtherExpensesGrp/TotalAmt1689
IRS990/OtherRevenueTotalAmt0-53172
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0196338
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0196338
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0President
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0417307
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0118100
IRS990/PYInvestmentIncomeAmt0246675
IRS990/PYOtherExpensesAmt040881
IRS990/PYOtherRevenueAmt086529
IRS990/PYRevenuesLessExpensesAmt0591530
IRS990/PYTotalExpensesAmt0158981
IRS990/PYTotalRevenueAmt0750511
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0293699
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0730747858
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt056696
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Metropolitan Library System
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt056696
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt051049
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05882342
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0128848
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06169034
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt056696
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0265589
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt040881
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05287976
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0417307
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05882342
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0118100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0336040
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt067510
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04738763
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0236060
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05287976
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt023192
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0403855
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt048223
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04507265
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0272852
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04738763
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01050
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07919
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt023971
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04349791
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0387087
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04507265
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0171865
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-33777
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Both negatives are the expenses incurred for the
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1fundraising dinner. They are included in the expenses of
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2the audited financial statements, but are netted against
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3revenue on this Form 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Investment expenses are netted against revenue on the
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5audited financials but not on this Form 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt6Funraising expenses netted with revenue on this form
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 4b

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,169,034
Liabilities
$806
Net assets
$6,168,228
Revenue
$401,444
Expenses
$107,745
Net income
$293,699
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.41$0.00$8.41$1.42$0.25$1.18
2024Detailed filing. Detailed filing data is available for this year.$7.24$0.00$7.24$0.93$0.20$0.72
2023Detailed filing. Detailed filing data is available for this year.$6.52$0.02$6.49$0.75$0.25$0.50
2022Detailed filing. Detailed filing data is available for this year.$5.99$0.00$5.98$0.50$1.62$1.11
2021Detailed filing. Detailed filing data is available for this year.$7.11$0.01$7.10$1.69$1.05$0.64
2020Detailed filing. Detailed filing data is available for this year.$6.47$0.01$6.46$0.32$0.05$0.27
2019Detailed filing. Detailed filing data is available for this year.$6.17$0.00$6.17$0.40$0.11$0.29
2018Detailed filing. Detailed filing data is available for this year.$5.88$0.01$5.87$0.75$0.16$0.59
2017Summary only. Only limited summary data is available for this year.$5.29$0.00$5.28$0.61$0.07$0.55
2016Summary only. Only limited summary data is available for this year.$4.74$0.00$4.74$0.28$0.05$0.23
2015Summary only. Only limited summary data is available for this year.$4.51$0.00$4.51$0.35$0.20$0.16
2014Summary only. Only limited summary data is available for this year.$4.35$0.00$4.35$1.69$0.04$1.65
2013Summary only. Only limited summary data is available for this year.$2.70$0.00$2.70$0.95$0.02$0.92
2012Summary only. Only limited summary data is available for this year.$1.78$0.00$1.78$0.11$0.05$0.06