Civic Intelligence

Library Foundation Inc. Serving the People of Multnomah County

990 • Fiscal year 2017 • EIN 93-1190983

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 09, 2017

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.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.12x

Higher debt load relative to revenue than 33% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

11th percentile

-18%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

55th percentile

6.0%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-21%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$19,184,781

Up $1,079,291 (+6.0%) from 2016

Net Assets

Up

$18,926,464

Up $1,064,387 (+6.0%) from 2016

Liabilities

Up

$258,317

Up $14,904 (+6.1%) from 2016

Revenue

Down

$2,173,382

Down $594,989 (-21%) from 2016

Expenses

Up

$2,569,779

Up $195,093 (+8.2%) from 2016

Net Income

Down

-$396,397

Down $790,082 (-201%) from 2016

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

2017

Assets$19,184,781
Liabilities$258,317
Net Assets$18,926,464

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

2017

Revenue$2,173,382
Expenses$2,569,779
Net Income-$396,397
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$5,945,274
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$16,632,657$17,619,348▲ $986,691
Pledges and Grants Receivable$749,829$751,418▲ $1,589
Cash and Non-Interest-Bearing Accounts$480,815$424,968▼ $55,847
Investments Other Securities$183,912$323,757▲ $139,845
Savings and Temporary Cash Investments$25,181$25,200▲ $19
Prepaid Expenses and Deferred Charges$19,216$22,671▲ $3,455
Land, Buildings, and Equipment, Net$13,880$17,419▲ $3,539
Total Assets$18,105,490$19,184,781▲ $1,079,291
Liabilities
Grants Payable$171,562$162,565▼ $8,997
Accounts Payable and Accrued Expenses$66,572$90,717▲ $24,145
Other Liabilities$5,279$5,035▼ $244
Total Liabilities$243,413$258,317▲ $14,904
Net Assets / Fund Balance
Unrestricted Net Assets$9,522,069$10,062,508▲ $540,439
Temporarily Rstr Net Assets$3,983,695$4,495,375▲ $511,680
Permanently Rstr Net Assets$4,356,313$4,368,581▲ $12,268
Total Net Assets Fund Balance$17,862,077$18,926,464▲ $1,064,387
Total Liabilities and Net Assets / Fund Balance$18,105,490$19,184,781▲ $1,079,291

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,419$46,387$63,806

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$13,903,956$288,010▲ $1,486,985$823,825$14,855,126
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Merris SumrallCEO, Ex-officio trusteeFT$142,450$30,352$172,802

Board Members and Trustees

NameTitle
Kevin ThomasChair, trustee
Jerry HudsonVice Chair, trustee
Marcia JorySecretary, trustee
Greg PalmerTreasurer, trustee
Annette MuleeTrustee
David BlountTrustee
Dilip RatnamTrustee
Eric J BergstromTrustee
Eva KripalaniTrustee
Judith McGeeTrustee
Julie BallTrustee
Kori AllenTrustee
Kristin CollinsTrustee
Laurie Munro BlochTrustee
Michelle LantowTrustee
Nate LieblerTrustee
Peter GalenTrustee
Richelle LutherTrustee
Wendy WrayTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$2,014,181
Program Service Revenue
$0
Investment Income
$158,638
Other Revenue
$563
All Other Contributions
$2,007,654
Change in Net Assets
$-396,397

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 Table43,577$387,326Determined by donors
Other Non Cash Contri Table4,542$39,095Determined by donors
Total Noncash Contributions48,119$426,421-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,137,860
Revenue Not Reported on Financial Statements
$35,522
Revenue Not Reported on Form 990
$1,533,049
Total Revenue per Audited Statements
$3,670,909
Total Revenue per Form 990
$2,173,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,393,501
Other Expenses$633,550
Salaries, Compensation, and Employee Benefits$534,660
Total Fundraising Expense$81,262
Professional Fundraising Fees$8,068

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,393,501--$1,393,501
Fees for Services Lobbying$260,000--$260,000
Other Salaries and Wages$181,600$36,226$29,120$246,946
Current Officers, Directors, Trustees, and Key Employees$117,974$50,466$15,668$184,108
Fees for Services Other$104,397$5,959$142$110,498
Office Expenses$59,887$17,855$11,179$88,921
Occupancy$39,936$17,084$5,304$62,324
Other Employee Benefits$34,541$14,775$4,587$53,903
Fees for Services Accounting-$43,455-$43,455
Fees for Service Investment Mgmnt Fees-$35,522-$35,522
Payroll Taxes$22,363$6,105$3,198$31,666
Pension Plan Contributions$11,558$4,944$1,535$18,037
Information Technology$7,782$3,329$1,034$12,145
Depreciation Depletion$4,904$4,940$651$10,495
Fees for Services Professional Fundraising--$8,068$8,068
Insurance$4,868$2,083$647$7,598
Fees for Services Legal-$908-$908
Other Expenses$192$82$126$400
Total Functional Expenses$2,243,525$244,992$81,262$2,569,779

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,606,522
Total Expenses per Form 990$2,569,779
Expenses per Audited Statements$2,534,257
Expenses Not Reported on Form 990$72,265
Expenses Not Reported on Financial Statements$35,522
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Multnomah County LibraryPortland, OR-To support collections and programs of Multnomah County Library.$967,080
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$8,068
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$5,035
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 2

Yes, several trustees have attorney/client relationships and financial/investment management relationships with other trustees.

Form 990, Part VI, Section A, line 3

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 B, line 11B

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
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Merris Sumrall
Formed
1995
Legal Domicile
Or
Voting Board Members
19
Independent Board Members
19
Employees
7
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 9,962.

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, 2017, The Library Foundation Board of Trustees held $9,442,843 of unrestricted net assets, received as unrestricted bequests, as a quasi-endowment fund. This fund supports foundation activities, including support for Multnomah County Library, and pays for a portion of foundation operations. 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 9,962.

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IRS990/Form990PartVIISectionAGrp/PersonNm10Peter Galen
IRS990/Form990PartVIISectionAGrp/PersonNm11Eva Kripalani
IRS990/Form990PartVIISectionAGrp/PersonNm12Michelle Lantow
IRS990/Form990PartVIISectionAGrp/PersonNm13Nate Liebler
IRS990/Form990PartVIISectionAGrp/PersonNm14Richelle Luther
IRS990/Form990PartVIISectionAGrp/PersonNm15Judith McGee
IRS990/Form990PartVIISectionAGrp/PersonNm16Annette Mulee
IRS990/Form990PartVIISectionAGrp/PersonNm17Dilip Ratnam
IRS990/Form990PartVIISectionAGrp/PersonNm18Wendy Wray
IRS990/Form990PartVIISectionAGrp/PersonNm19Merris 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/ReportableCompFromOrgAmt19142450
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/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/TitleTxt19CEO, Ex-officio trustee
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-108693
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt06527
IRS990/GrantAmt0480535
IRS990/GrantsPayableGrp/BOYAmt0171562
IRS990/GrantsPayableGrp/EOYAmt0162565
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01393501
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01393501
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03663199
IRS990/GrossReceiptsAmt05945274
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01034
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03329
IRS990/InformationTechnologyGrp/ProgramServicesAmt07782
IRS990/InformationTechnologyGrp/TotalAmt012145
IRS990/InsuranceGrp/FundraisingAmt0647
IRS990/InsuranceGrp/ManagementAndGeneralAmt02083
IRS990/InsuranceGrp/ProgramServicesAmt04868
IRS990/InsuranceGrp/TotalAmt07598
IRS990/InvestmentIncomeGrp/ExclusionAmt0267331
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0267331
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0183912
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0323757
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016632657
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017619348
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046387
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013880
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017419
IRS990/LandBldgEquipCostOrOtherBssAmt063806
IRS990/LegalDomicileStateCd0OR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03771892
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/NetAssetsOrFundBalancesBOYAmt017862077
IRS990/NetAssetsOrFundBalancesEOYAmt018926464
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-108693
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-108693
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01450822
IRS990/NoncashContributionsAmt0426421
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt05304
IRS990/OccupancyGrp/ManagementAndGeneralAmt017084
IRS990/OccupancyGrp/ProgramServicesAmt039936
IRS990/OccupancyGrp/TotalAmt062324
IRS990/OfficeExpensesGrp/FundraisingAmt011179
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017855
IRS990/OfficeExpensesGrp/ProgramServicesAmt059887
IRS990/OfficeExpensesGrp/TotalAmt088921
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt09962
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04587
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014775
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034541
IRS990/OtherEmployeeBenefitsGrp/TotalAmt053903
IRS990/OtherExpensesGrp/Desc0Reporting Fees
IRS990/OtherExpensesGrp/Desc1Research & Development
IRS990/OtherExpensesGrp/FundraisingAmt03
IRS990/OtherExpensesGrp/FundraisingAmt1126
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01259
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt182
IRS990/OtherExpensesGrp/ProgramServicesAmt022
IRS990/OtherExpensesGrp/ProgramServicesAmt1192
IRS990/OtherExpensesGrp/TotalAmt01284
IRS990/OtherExpensesGrp/TotalAmt1400
IRS990/OtherLiabilitiesGrp/BOYAmt05279
IRS990/OtherLiabilitiesGrp/EOYAmt05035
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0563
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0563
IRS990/OtherRevenueTotalAmt0563
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt029120
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036226
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0181600
IRS990/OtherSalariesAndWagesGrp/TotalAmt0246946
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03198
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06105
IRS990/PayrollTaxesGrp/ProgramServicesAmt022363
IRS990/PayrollTaxesGrp/TotalAmt031666
IRS990/PensionPlanContributionsGrp/FundraisingAmt01535
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04944
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011558
IRS990/PensionPlanContributionsGrp/TotalAmt018037
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04356313
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04368581
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0749829
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0751418
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019216
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022671
IRS990/PrincipalOfficerNm0Merris Sumrall
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Early literacy programs reached 77,000 babies, young children and parents, especially those at greatest risk for 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 6,200 new parents and babies in hospitals, encouraging parents to read to their newborns at home and visit the library. Every Child A Reader reached 34,000 young children and parents, sending books home weekly, educating parents and motivating families to read together at home. The WIC partnership educated 7,700 moms about early brain development. Dia de los Ninos reached 12,700 children, parents and caregivers with bilingual literacy programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0448446
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0278539
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 3,500 students by bringing books, reading curriculum and discussion groups to 30 middle and 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 15,000 people were reached with these programs.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt078946
IRS990/ProgSrvcAccomActy3Grp/GrantAmt049035
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other program services include staff time and program services for library programs, communications and activities ($590,025); 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. ($96,209). Advocacy efforts for strong public support for the library are also included in this category ($260,000).
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0942476
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0585392
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02204639
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01495676
IRS990/PYInvestmentIncomeAmt0563436
IRS990/PYOtherExpensesAmt0353779
IRS990/PYOtherRevenueAmt0296
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0393685
IRS990/PYSalariesCompEmpBnftPaidAmt0515508
IRS990/PYTotalExpensesAmt02374686
IRS990/PYTotalProfFndrsngExpnsAmt09723
IRS990/PYTotalRevenueAmt02768371
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-396397
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025181
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02014181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02204639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03267709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01731754

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
2017Detailed filing. Detailed filing data is available for this year.$19.2$0.26$18.9$2.17$2.57$0.40
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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