Civic Intelligence

Library Foundation Inc. Serving the People of Multnomah County

990 • Fiscal year 2016 • EIN 93-1190983

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 24, 2016

620 SW Fifth Avenue No 1025Portland, OR 97204

(503) 223-4008

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

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

Liabilities / Revenue

25th percentile

0.09x

Higher debt load relative to revenue than 25% of similar nonprofits.

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

Net Margin

76th percentile

14%

Higher net margin than 76% of similar nonprofits.

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

Top Officer Pay

54th percentile

$185,307

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

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

Asset Growth

21st percentile

-3.9%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

12th percentile

-27%

Faster revenue growth than 12% of similar nonprofits.

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

Assets

Down

$18,105,490

Down $744,404 (-3.9%) from 2015

Net Assets

Down

$17,862,077

Down $772,070 (-4.1%) from 2015

Liabilities

Up

$243,413

Up $27,666 (+13%) from 2015

Revenue

Down

$2,768,371

Down $1,027,178 (-27%) from 2015

Expenses

Down

$2,374,686

Down $456,666 (-16%) from 2015

Net Income

Down

$393,685

Down $570,512 (-59%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $17,313,071Liabilities 2011: $323,855Net Assets 2011: $16,989,2162011Assets 2012: $16,675,774Liabilities 2012: $301,073Net Assets 2012: $16,374,7012012Assets 2013: $17,499,913Liabilities 2013: $275,860Net Assets 2013: $17,224,0532013Assets 2014: $18,502,950Liabilities 2014: $227,184Net Assets 2014: $18,275,7662014Assets 2015: $18,849,894Liabilities 2015: $215,747Net Assets 2015: $18,634,1472015Assets 2016: $18,105,490Liabilities 2016: $243,413Net Assets 2016: $17,862,0772016Assets 2017: $19,184,781Liabilities 2017: $258,317Net Assets 2017: $18,926,4642017Assets 2018: $20,167,613Liabilities 2018: $308,051Net Assets 2018: $19,859,5622018Assets 2019: $20,442,092Liabilities 2019: $382,611Net Assets 2019: $20,059,4812019Assets 2020: $20,206,242Liabilities 2020: $592,233Net Assets 2020: $19,614,0092020Assets 2021: $25,042,267Liabilities 2021: $762,114Net Assets 2021: $24,280,1532021Assets 2022: $22,669,861Liabilities 2022: $677,598Net Assets 2022: $21,992,2632022Assets 2023: $26,409,312Liabilities 2023: $866,559Net Assets 2023: $25,542,7532023Assets 2024: $27,687,284Liabilities 2024: $1,306,405Net Assets 2024: $26,380,8792024Assets 2025: $28,892,350Liabilities 2025: $943,955Net Assets 2025: $27,948,3952025

Highlighted filing

2016

Assets$18,105,490
Liabilities$243,413
Net Assets$17,862,077

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,173,2132011Expenses 2012: $2,332,7352012Revenue 2013: $1,908,873Expenses 2013: $2,195,632Net Income 2013: -$286,7592013Revenue 2014: $2,724,834Expenses 2014: $2,284,130Net Income 2014: $440,7042014Revenue 2015: $3,795,549Expenses 2015: $2,831,352Net Income 2015: $964,1972015Revenue 2016: $2,768,371Expenses 2016: $2,374,686Net Income 2016: $393,6852016Revenue 2017: $2,173,382Expenses 2017: $2,569,779Net Income 2017: -$396,3972017Revenue 2018: $2,671,712Expenses 2018: $2,530,889Net Income 2018: $140,8232018Revenue 2019: $2,723,565Expenses 2019: $2,658,721Net Income 2019: $64,8442019Revenue 2020: $2,350,528Expenses 2020: $2,420,034Net Income 2020: -$69,5062020Revenue 2021: $4,510,589Expenses 2021: $2,397,782Net Income 2021: $2,112,8072021Revenue 2022: $3,134,177Expenses 2022: $2,534,244Net Income 2022: $599,9332022Revenue 2023: $4,774,861Expenses 2023: $2,489,118Net Income 2023: $2,285,7432023Revenue 2024: $2,966,805Expenses 2024: $3,828,557Net Income 2024: -$861,7522024Revenue 2025: $3,452,198Expenses 2025: $4,045,994Net Income 2025: -$593,7962025

Highlighted filing

2016

Revenue$2,768,371
Expenses$2,374,686
Net Income$393,685
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 24, 2016
Return Version
2015v2.1
Gross Receipts
$3,537,860
Mission and Program Overview

Mission

The Library Foundation enhances our library's leadership, innovation and reach, helping Multnomah County Library address emerging community needs, and sustain a strong library system. Gifts, large and small, from individuals, foundations and businesses make this work possible.

To enhance the work of Multnomah County Library and sustain a strong library system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,480,552$16,632,657▼ $847,895
Pledges and Grants Receivable$771,606$749,829▼ $21,777
Cash and Non-Interest-Bearing Accounts$524,109$480,815▼ $43,294
Investments Other Securities-$183,912-
Savings and Temporary Cash Investments$25,160$25,181▲ $21
Prepaid Expenses and Deferred Charges$23,581$19,216▼ $4,365
Land, Buildings, and Equipment, Net$24,886$13,880▼ $11,006
Total Assets$18,849,894$18,105,490▼ $744,404
Liabilities
Grants Payable$177,716$171,562▼ $6,154
Deferred Revenue-$39,297-
Accounts Payable and Accrued Expenses$32,524$27,275▼ $5,249
Other Liabilities$5,507$5,279▼ $228
Total Liabilities$215,747$243,413▲ $27,666
Net Assets / Fund Balance
Unrestricted Net Assets$10,099,460$9,522,069▼ $577,391
Permanently Rstr Net Assets$4,261,874$4,356,313▲ $94,439
Temporarily Rstr Net Assets$4,272,813$3,983,695▼ $289,118
Total Net Assets Fund Balance$18,634,147$17,862,077▼ $772,070
Total Liabilities and Net Assets / Fund Balance$18,849,894$18,105,490▼ $744,404

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,880$72,661$86,541

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$14,915,437$174,959▼ $552,016$634,424$13,903,956
2014$14,755,713$836,360▼ $17,727$658,909$14,915,437
2013$13,730,996$151,221▲ $1,413,711$540,215$14,755,713
2012$12,956,254$356,996▲ $1,231,520$813,774$13,730,996
2011$13,796,723$154,542▼ $337,761$657,250$12,956,254
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Merris SumrallCEO, Ex-officio trusteeFT$129,950$55,357$185,307

Board Members and Trustees

NameTitle
Richelle LutherChair, trustee
Jerry HudsonVice Chair, trustee
Marcia JorySecretary, trustee
Ed EpsteinTreasurer, trustee
Annette MuleeTrustee
David BlountTrustee
Debbie Goldberg MenasheTrustee
Dilip RatnamTrustee
Elizabeth MalsinTrustee
Ellie BoothTrustee
Emily KarrTrustee
Eric J BergstromTrustee
Eva KripalaniTrustee
Greg PalmerTrustee
Judith McGeeTrustee
Julie BallTrustee
Kevin ThomasTrustee
Kori AllenTrustee
Laurie Munro BlochTrustee
Peter GalenTrustee
Wendy WrayTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$2,204,639
Program Service Revenue
$0
Investment Income
$563,436
Other Revenue
$296
All Other Contributions
$2,198,511
Change in Net Assets
$393,685

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table45,787$381,644Determined by donors
Other Non Cash Contri Table4,535$31,130Determined by donors
Total Noncash Contributions50,322$412,774-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,733,825
Revenue Not Reported on Financial Statements
$34,546
Revenue Not Reported on Form 990
$-1,099,055
Other Revenue Adjustments
$34,546
Total Revenue per Audited Statements
$1,634,770
Total Revenue per Form 990
$2,768,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,495,676
Salaries, Compensation, and Employee Benefits$515,508
Other Expenses$353,779
Total Fundraising Expense$106,439
Professional Fundraising Fees$9,723

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,495,676--$1,495,676
Other Salaries and Wages$145,248$18,665$34,578$198,491
Current Officers, Directors, Trustees, and Key Employees$110,539$50,076$21,435$182,050
Fees for Services Other$90,478$12,009$2,840$105,327
Office Expenses$53,743$16,977$11,619$82,339
Other Employee Benefits$38,062$17,243$7,381$62,686
Occupancy$37,436$16,959$7,260$61,655
Fees for Services Accounting-$43,385-$43,385
Pension Plan Contributions$25,132$11,385$4,874$41,391
Fees for Service Investment Mgmnt Fees-$34,546-$34,546
Payroll Taxes$20,996$5,588$4,306$30,890
Depreciation Depletion$6,683$3,027$1,296$11,006
Fees for Services Professional Fundraising--$9,723$9,723
Information Technology$3,504$1,587$680$5,771
Insurance$4,124$941$403$5,468
Fees for Services Legal-$2,622-$2,622
Other Expenses$200$90$39$329
Total Functional Expenses$2,031,839$236,408$106,439$2,374,686

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,406,840
Total Expenses per Form 990$2,374,686
Expenses per Audited Statements$2,340,140
Expenses Not Reported on Form 990$66,700
Expenses Not Reported on Financial Statements$34,546
Other Expense Adjustments$34,546
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Multnomah County LibraryPortland, OR-To support collections and programs of Multnomah County Library.$1,082,901
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$9,723
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift annuity payable$5,279
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1

The organization's governing body, the Board of Trustees, has delegated authority to its Executive Committee. The Executive Committee is composed of officers of the Board and selected additional Trustees. The Executive Committee has the authority to make decisions and act in all matters on behalf of the board.

Form 990, Part VI, Section A, line 2

Several trustees have personal attorney/client relationships with another trustee.

Form 990, Part VI, Section B, line 11

Approximately one week prior to filing, the draft Form 990 will be sent electronically to all trustees, with an email calling their attention to portions of the form most likely to be read by the public and funders on Guidestar. In addition, representatives of the board, appointed by the board chair, will review and discuss, either in person, via telephone, or via email, the draft in advance of filing.

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

Each director, principal officer, member of a committee with board-delegated powers, key employee shall annually sign a statement which affirms that such person: (1) has received a copy of the conflict of interest policy; (2) has read and understands the policy; (3) agrees to comply with the policy; (4) understands that the policy applies to all committees and subcommittees having board-delegated powers; and (5) understands that the foundation is a charitable organization that must engage in activities that accomplish one or more of its tax-exempt purposes to maintain its exempt status.

Form 990, Part VI, Section B, line 15

Each year, trustees complete a board evaluation that rates and gives feedback on the performance of the organization's CEO. In 2014-2015, a review of salary trends for the organization's CEO was also conducted by the Board of Trustees and reviewed in Executive Session.

Form 990, Part VI, Section C, line 19

The organization's governing doucments, conflict of interest policy, and financial statements may be made available upon request. Such requests are considered on a case by case basis.

Filing and Contact Details

Filer

Filer Name
The Library Foundation
EIN
93-1190983
Phone
5032234008
Address
620 SW Fifth Avenue No 1025, Portland, OR 97204

Signing Officer

Name
Merris Sumrall
Title
Chief Executive Officer
Phone
5032234008
Signed
2016-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Merris Sumrall
Formed
1995
Legal Domicile
Or
Voting Board Members
20
Independent Board Members
20
Employees
9
Volunteers
24

Preparer

Firm
Mcdonald Jacobs Pc
Address
520 SW YAMHILL ST STE 500, PORTLAND, OR 97204
Preparer
Sang Ahn
Phone
5032270581
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Change in value of charitable trust -25,523.

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

Part V, Line 4:

Board-designated quasi-endowment: As of June 30, 2016, The Library Foundation Board of Trustees held $8,830,219 of unrestricted net assets, received as unrestricted bequests, as a quasi-endowment fund. This fund supports the foundation's work, including funding for Multnomah County Library and a portion of foundation expenses. Permanent endowment: Funds designated by donors as endowment funds are held in perpetuity. The income generated from investment of permanently restricted endowment funds is managed by The Library Foundation and is used in accordance with the donor's wishes to fulfill commitments to Multnomah County Library. The Library Foundation disburses these funds in accordance with the board-approved spending policy.

Part X, Line 2:

The foundation follows the provisions of FASB ASC Topic Accounting for Uncertainty in Income Taxes. Management has evaluated the foundation's tax positions and concluded that there are no uncertain tax positions that require adjustment to the financial statements to comply with provisions of this Topic.

Part XI, Line 2D - Other Adjustments:

Change in value of charitable trust -25,523.

Part XI, Line 4B - Other Adjustments:

Investment fees net with investment income for financial statements 34,546.

Part XII, Line 4B - Other Adjustments:

Investment fees net with investment income for financial statements 34,546.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Ed Epstein
IRS990/Form990PartVIISectionAGrp/PersonNm4Kori Allen
IRS990/Form990PartVIISectionAGrp/PersonNm5Julie Ball
IRS990/Form990PartVIISectionAGrp/PersonNm6Eric J Bergstrom
IRS990/Form990PartVIISectionAGrp/PersonNm7David Blount
IRS990/Form990PartVIISectionAGrp/PersonNm8Laurie Munro Bloch
IRS990/Form990PartVIISectionAGrp/PersonNm9Ellie Booth
IRS990/Form990PartVIISectionAGrp/PersonNm10Peter Galen
IRS990/Form990PartVIISectionAGrp/PersonNm11Emily Karr
IRS990/Form990PartVIISectionAGrp/PersonNm12Eva Kripalani
IRS990/Form990PartVIISectionAGrp/PersonNm13Elizabeth Malsin
IRS990/Form990PartVIISectionAGrp/PersonNm14Judith McGee
IRS990/Form990PartVIISectionAGrp/PersonNm15Debbie Goldberg Menashe
IRS990/Form990PartVIISectionAGrp/PersonNm16Annette Mulee
IRS990/Form990PartVIISectionAGrp/PersonNm17Greg Palmer
IRS990/Form990PartVIISectionAGrp/PersonNm18Dilip Ratnam
IRS990/Form990PartVIISectionAGrp/PersonNm19Kevin Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm20Wendy Wray
IRS990/Form990PartVIISectionAGrp/PersonNm21Merris Sumrall
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/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21177681
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/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair, trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair, trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary, trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer, trustee
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/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21CEO, Ex-officio trustee
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-8119
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt06128
IRS990/GrantAmt01080279
IRS990/GrantsPayableGrp/BOYAmt0177716
IRS990/GrantsPayableGrp/EOYAmt0171562
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01495676
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01495676
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0761370
IRS990/GrossReceiptsAmt03537860
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0680
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01587
IRS990/InformationTechnologyGrp/ProgramServicesAmt03504
IRS990/InformationTechnologyGrp/TotalAmt05771
IRS990/InsuranceGrp/FundraisingAmt0403
IRS990/InsuranceGrp/ManagementAndGeneralAmt0941
IRS990/InsuranceGrp/ProgramServicesAmt04124
IRS990/InsuranceGrp/TotalAmt05468
IRS990/InvestmentIncomeGrp/ExclusionAmt0571555
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0571555
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0183912
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017480552
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016632657
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt072661
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013880
IRS990/LandBldgEquipCostOrOtherBssAmt086541
IRS990/LegalDomicileStateCd0OR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0769489
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Library Foundation enhances our library's leadership, innovation and reach, helping Multnomah County Library address emerging community needs, and sustain a strong library system. Gifts, large and small, from individuals, foundations and businesses make this work possible.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018634147
IRS990/NetAssetsOrFundBalancesEOYAmt017862077
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8119
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8119
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1140232
IRS990/NoncashContributionsAmt0412774
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07260
IRS990/OccupancyGrp/ManagementAndGeneralAmt016959
IRS990/OccupancyGrp/ProgramServicesAmt037436
IRS990/OccupancyGrp/TotalAmt061655
IRS990/OfficeExpensesGrp/FundraisingAmt011619
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016977
IRS990/OfficeExpensesGrp/ProgramServicesAmt053743
IRS990/OfficeExpensesGrp/TotalAmt082339
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-25523
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07381
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017243
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038062
IRS990/OtherEmployeeBenefitsGrp/TotalAmt062686
IRS990/OtherExpensesGrp/Desc0Research & Development
IRS990/OtherExpensesGrp/Desc1Reporting Fees
IRS990/OtherExpensesGrp/FundraisingAmt05
IRS990/OtherExpensesGrp/FundraisingAmt139
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01308
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt190
IRS990/OtherExpensesGrp/ProgramServicesAmt018
IRS990/OtherExpensesGrp/ProgramServicesAmt1200
IRS990/OtherExpensesGrp/TotalAmt01331
IRS990/OtherExpensesGrp/TotalAmt1329
IRS990/OtherLiabilitiesGrp/BOYAmt05507
IRS990/OtherLiabilitiesGrp/EOYAmt05279
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0296
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0296
IRS990/OtherRevenueTotalAmt0296
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt034578
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018665
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0145248
IRS990/OtherSalariesAndWagesGrp/TotalAmt0198491
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04306
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05588
IRS990/PayrollTaxesGrp/ProgramServicesAmt020996
IRS990/PayrollTaxesGrp/TotalAmt030890
IRS990/PensionPlanContributionsGrp/FundraisingAmt04874
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011385
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt025132
IRS990/PensionPlanContributionsGrp/TotalAmt041391
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04261874
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04356313
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0771606
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0749829
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023581
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019216
IRS990/PrincipalOfficerNm0Merris Sumrall
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Early literacy programs reached 67,000 babies, young children and parents, especially those most vulnerable to low literacy. Targeting families with limited resources and reading ability during a crucial window for early brain development, these programs help parents become the first, best, and most permanent teachers of their children. The New Parent Program reached 9,300 new parents and babies in hospitals, encouraging parents to read with their newborns and visit the library. Every Child a Reader reached 34,000 young children and parents with a program that sends books home weekly, educates parents and motivates families to read together at home. The partnership with WIC educated 7,700 moms about early brain development. The Earl Boyles Library pilot project brought books and librarians to 1,300.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0274246
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0274246
IRS990/ProgSrvcAccomActy3Grp/Desc0An array of lifelong learning programs, workshops and events at library branches and outreach centers reach people of all ages. Everybody Reads and the Teen Author Program reached 4,500 students by bringing books, reading curriculum and discussion groups to 18 high schools and youth organizations, transforming how students experience reading, writing, and the significance of the written word. Children and adults accessed free arts, cultural, and humanities programs at branches across the system. Seniors and adults participated in the Everybody Reads community-wide reading program, including lectures and book discussion groups. Last year, more than 22,300 people were reached with these programs.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt080736
IRS990/ProgSrvcAccomActy3Grp/GrantAmt080736
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other program services include staff time and program services for library programs, communications and activities ($536,163); and other library funding, including the expansion of library collections, acquisition of rare books and historic materials, library staff development, and the library's mobile app. ($60,415).
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0596578
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt060415
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03267709
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01806793
IRS990/PYInvestmentIncomeAmt0526866
IRS990/PYOtherExpensesAmt0474943
IRS990/PYOtherRevenueAmt0974
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0964197
IRS990/PYSalariesCompEmpBnftPaidAmt0530015
IRS990/PYTotalExpensesAmt02831352
IRS990/PYTotalProfFndrsngExpnsAmt019601
IRS990/PYTotalRevenueAmt03795549
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0393685
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$0.94$27.9$3.45$4.05$0.59
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$1.31$26.4$2.97$3.83$0.86
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.4$0.87$25.5$4.77$2.49$2.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.7$0.68$22.0$3.13$2.53$0.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$0.76$24.3$4.51$2.40$2.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$0.59$19.6$2.35$2.42$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$0.38$20.1$2.72$2.66$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$0.31$19.9$2.67$2.53$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$0.26$18.9$2.17$2.57$0.40
2016Detailed filing. Detailed filing data is available for this year.$18.1$0.24$17.9$2.77$2.37$0.39
2015Detailed filing. Detailed filing data is available for this year.$18.8$0.22$18.6$3.80$2.83$0.96
2014Detailed filing. Detailed filing data is available for this year.$18.5$0.23$18.3$2.72$2.28$0.44
2013Summary only. Only limited summary data is available for this year.$17.5$0.28$17.2$1.91$2.20$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$0.30$16.4$2.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$0.32$17.0$2.17