Civic Intelligence

Library Endowment Trust

990 • Fiscal year 2023 • EIN 73-6227587

Jul 01, 2022 to Jun 30, 2023 • Filed on May 07, 2024

Organization Profilesupportmls.org/let
300 Park AvenueOklahoma City, OK 73102

(405) 606-3760

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.03x

Higher debt load relative to revenue than 19% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

59th percentile

8.9%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

48%

Faster revenue growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$6,516,698

Up $530,443 (+8.9%) from 2022

Net Assets

Up

$6,494,359

Up $509,630 (+8.5%) from 2022

Liabilities

Up

$22,339

Up $20,813 (+1364%) from 2022

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin94th percentile

Revenue

Up

$747,862

Up $242,988 (+48%) from 2022

Expenses

Down

$246,007

Down $1,370,898 (-85%) from 2022

Net Income

Up

$501,855

Up $1,613,886 (+145%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth59th 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

2023

Assets$6,516,698
Liabilities$22,339
Net Assets$6,494,359
Open 2023 Filing

Operations Trend

Revenue Growth85th 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

2023

Revenue$747,862
Expenses$246,007
Net Income$501,855
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 7, 2024
Return Version
2022v5.0
Gross Receipts
$802,995
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$4,666,743$4,928,844▲ $262,101
Cash and Non-Interest-Bearing Accounts$1,097,138$1,315,916▲ $218,778
Prepaid Expenses and Deferred Charges$10,000$41,250▲ $31,250
Accounts Receivable$21,321$31,307▲ $9,986
Total Assets$5,986,255$6,516,698▲ $530,443
Other Assets Total$191,053$199,381▲ $8,328
Liabilities
Accounts Payable and Accrued Expenses$1,526$22,339▲ $20,813
Total Liabilities$1,526$22,339▲ $20,813
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,223,205$4,564,493▲ $341,288
Net Assets With Donor Restrictions$1,761,524$1,929,866▲ $168,342
Total Net Assets Fund Balance$5,984,729$6,494,359▲ $509,630
Total Liabilities and Net Assets / Fund Balance$5,986,255$6,516,698▲ $530,443

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$5,984,729$183,263▲ $572,374-$6,494,359
2021$7,109,660$102,220▼ $1,135,864$0$5,984,729
2020$6,469,236$138,769▲ $1,553,855$0$7,109,660
2019$6,169,034$192,591▲ $154,305$0$6,469,236
2018$5,882,342$128,848▲ $265,589$0$6,169,034
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Lawrence DavisPresident
Meredith WegenerVice President
Amanda CornmesserTrustee
Cole McLanahanTrustee
Emma WilsonTrustee
Erin CowanTrustee
Jill TrauschkeTrustee
Liz CromwellTrustee
Nick TricinellaTrustee
Rachel MathewTrustee
Rose RoyalTrustee
Ruseal BrewerTrustee
Sara Suthers RegierTrustee
Suzy SultemeierTrustee
Ron BryneSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,468
Program Service Revenue
$0
Investment Income
$242,188
Other Revenue
$401,206
All Other Contributions
$88,043
Change in Net Assets
$501,855

Audited Revenue Reconciliation

Revenue per Audited Statements
$461,878
Revenue Not Reported on Financial Statements
$285,984
Other Revenue Adjustments
$285,984
Total Revenue per Audited Statements
$461,878
Total Revenue per Form 990
$747,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$193,749
Other Expenses$52,258
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$193,749--$193,749
Fees for Services Accounting$0$25,920$0$25,920
Fees for Service Investment Mgmnt Fees$0$18,706$0$18,706
Office Expenses$0$5,465$0$5,465
Other Expenses$0$1,440$0$1,440
Conferences and Meetings$0$659$0$659
Total Functional Expenses$193,749$52,258$0$246,007

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$509,630
Total Expenses per Audited Statements$509,630
Total Expenses per Form 990$246,007
Expenses Not Reported on Financial Statements$-263,623
Other Expense Adjustments$-263,623
International Activity

Grant and Assistance Recipients

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

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$133,928
Fundraising Direct Expenses$55,133
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Literary Voices$150,353$16,425-$16,425
Total Events$150,353$16,425-$16,425
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 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
Filing and Contact Details

Filer

Filer Name
Library Endowment Trust
EIN
73-6227587
Phone
4056063760
Address
300 Park Avenue, Oklahoma City, OK 73102

Signing Officer

Name
Nick Tricinella
Title
Treasurer
Phone
4056063760
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Ok
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

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

Additional Explanations

Pt VI, Line 11B

“The form 990 is provided to the treasurer for review and signature prior to submission and is available to the entire board at their request.”

Pt VI, Line 12C

“Each Trustee signs a Conflict of Interest agreement annually. It is enforced thru familiarity with and knowlege of the trustees and their families as well as the honor system for those serving as trustees.”

Pt VI, Line 18

“This Form 990 is available for review upon request to 300 Park Ave, Oklahoma City, OK 73102 or on our website at: https://supportmls.org/let/”

Pt VI, Line 19

“Governing documents, conflict of interest policy and audited financial statements are available for review upon request at: 300 Park Ave, Oklahoma City, OK 73102”

Financial Statement Notes

Pt XI, Line 4B

“Unrealized gains on investments are not included in revenue on the audited financial statements but are included in revenue on page 1 of this Form 990.”

Pt XII, Line 4B

“Investment expenses are netted against revenue on the audited financials but not on this Form 990.”

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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0322411
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0322411
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
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IRS990/NetAssetsOrFundBalancesEOYAmt06494359
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt078795
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04223205
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04564493
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05465
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt05465
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0199381
IRS990/OtherExpensesGrp/Desc0Misc
IRS990/OtherExpensesGrp/Desc1Credit Card Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt068
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11440
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt068
IRS990/OtherExpensesGrp/TotalAmt11440
IRS990/OtherRevenueTotalAmt0322411
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041250
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0President
IRS990/PriorPeriodAdjustmentsAmt07775
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0122920
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt043962
IRS990/PYInvestmentIncomeAmt0382885
IRS990/PYOtherExpensesAmt01572943
IRS990/PYOtherRevenueAmt0-931
IRS990/PYRevenuesLessExpensesAmt0-1112031
IRS990/PYTotalExpensesAmt01616905
IRS990/PYTotalRevenueAmt0504874
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0501855
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/SupportAmt0193749
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Metropolitan Library System
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0193749
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/AdministrativeExpensesAmt052258
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05984729
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0183263
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06494359
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0193749
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0572374
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt047325
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07109660
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0102220
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05984729
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt043962
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1135864
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt054997
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06469236
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0138769
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07109660
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0997203
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01553855
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt037229
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06169034
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0192591
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06469236
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt09465
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0154305
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt051049
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05882342
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0128848
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06169034
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt056696
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0265589
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-263623
IRS990ScheduleD/ExpensesSubtotalAmt0509630
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-263623
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0285984
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0285984
IRS990ScheduleD/RevenueSubtotalAmt0461878
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Unrealized gains on investments are not included in revenue on the audited financial statements but are included in revenue on page 1 of this Form 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Investment expenses are netted against revenue on the audited financials but not on this Form 990.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 4b
IRS990ScheduleD/TotalExpensesPerForm990Amt0246007
IRS990ScheduleD/TotalRevenuePerForm990Amt0747862
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0461878
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0509630
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0133928
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0133928
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Literary Voices
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0150353
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0150353
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016425
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016425
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016425
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0See Attachment 1
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Metropolitan Library System
IRS990ScheduleI/RecipientTable/RecipientEIN0730747828
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0300 Park Avenue

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,516,698
Liabilities
$22,339
Net assets
$6,494,359
Revenue
$747,862
Expenses
$246,007
Net income
$501,855
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