Civic Intelligence

Library Foundation Inc. Serving the People of Multnomah County

990 • Fiscal year 2019 • EIN 93-1190983

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 04, 2019

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

18th percentile

0.02x

Higher debt load relative to assets than 18% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

39th percentile

0.14x

Higher debt load relative to revenue than 39% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

48th percentile

2.4%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$182,209

Higher top officer pay than 52% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

41st percentile

1.4%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

44th percentile

1.9%

Faster revenue growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$20,442,092

Up $274,479 (+1.4%) from 2018

Net Assets

Up

$20,059,481

Up $199,919 (+1.0%) from 2018

Liabilities

Up

$382,611

Up $74,560 (+24%) from 2018

Revenue

Up

$2,723,565

Up $51,853 (+1.9%) from 2018

Expenses

Up

$2,658,721

Up $127,832 (+5.1%) from 2018

Net Income

Down

$64,844

Down $75,979 (-54%) from 2018

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

2019

Assets$20,442,092
Liabilities$382,611
Net Assets$20,059,481

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

2019

Revenue$2,723,565
Expenses$2,658,721
Net Income$64,844
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$7,581,758
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$17,840,883$16,329,398▼ $1,511,485
Investments Other Securities$1,062,271$2,252,009▲ $1,189,738
Cash and Non-Interest-Bearing Accounts$511,386$1,075,083▲ $563,697
Pledges and Grants Receivable$688,098$743,202▲ $55,104
Prepaid Expenses and Deferred Charges$24,329$22,606▼ $1,723
Land, Buildings, and Equipment, Net$15,425$14,568▼ $857
Savings and Temporary Cash Investments$25,221$5,226▼ $19,995
Total Assets$20,167,613$20,442,092▲ $274,479
Liabilities
Grants Payable$168,978$218,000▲ $49,022
Accounts Payable and Accrued Expenses$134,297$160,111▲ $25,814
Other Liabilities$4,776$4,500▼ $276
Total Liabilities$308,051$382,611▲ $74,560
Net Assets / Fund Balance
Unrestricted Net Assets$10,253,861$10,181,375▼ $72,486
Temporarily Rstr Net Assets$4,833,348$5,109,297▲ $275,949
Permanently Rstr Net Assets$4,772,353$4,768,809▼ $3,544
Total Net Assets Fund Balance$19,859,562$20,059,481▲ $199,919
Total Liabilities and Net Assets / Fund Balance$20,167,613$20,442,092▲ $274,479

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,568$42,787$57,355
Other Securities$2,136,213--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$15,972,369$464,751▲ $219,544$575,964$16,080,700
2017$14,855,126$809,684▲ $1,146,916$839,357$15,972,369
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Merris SumrallCEO, Ex-officio trusteeFT$142,350$39,859$182,209

Board Members and Trustees

NameTitle
Eva KripalaniChair, trustee
Kevin ThomasVice Chair, trustee
Marcia JorySecretary, trustee
Michelle LantowTreasurer, trustee
Annette MuleeTrustee
Brad ThiesTrustee
David BlountTrustee
David VernierTrustee
Dilip RatnamTrustee
Ed EpsteinTrustee
Emily V KarrTrustee
Eric J BergstromTrustee
Julie BallTrustee
Kristin CollinsTrustee
Nate LieblerTrustee
Paul J Kelly JrTrustee
Peter GalenTrustee
Rene GonzalezTrustee
Richelle T LutherTrustee
Shiau Yen Chin-DennisTrustee
Wendy WrayTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$2,397,564
Program Service Revenue
$0
Investment Income
$324,752
Other Revenue
$1,249
All Other Contributions
$2,392,492
Change in Net Assets
$64,844

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 Table43,437$456,581Determined by donors
Total Noncash Contributions43,437$456,581-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,685,764
Revenue Not Reported on Financial Statements
$37,801
Revenue Not Reported on Form 990
$189,335
Total Revenue per Audited Statements
$2,875,099
Total Revenue per Form 990
$2,723,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,401,308
Salaries, Compensation, and Employee Benefits$639,228
Other Expenses$618,185
Total Fundraising Expense$86,068
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,401,308--$1,401,308
Other Salaries and Wages$254,403$60,311$31,808$346,522
Fees for Services Lobbying$260,000--$260,000
Current Officers, Directors, Trustees, and Key Employees$134,420$31,867$16,806$183,093
Office Expenses$75,063$22,678$13,655$111,396
Occupancy$37,806$15,590$4,396$57,792
Fees for Services Other$44,213$5,245$6,988$56,446
Fees for Services Accounting-$48,971-$48,971
Other Employee Benefits$34,932$8,281$4,367$47,580
Fees for Service Investment Mgmnt Fees-$37,801-$37,801
Payroll Taxes$27,268$6,464$3,409$37,141
Pension Plan Contributions$18,275$4,332$2,285$24,892
Information Technology$7,890$3,254$917$12,061
Insurance$5,254$5,403$611$11,268
Depreciation Depletion$4,779$1,971$556$7,306
Other Expenses$2,326$1,459$270$4,055
Fees for Services Legal-$3,836-$3,836
Total Functional Expenses$2,307,937$264,716$86,068$2,658,721

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,675,180
Total Expenses per Form 990$2,658,721
Expenses per Audited Statements$2,620,920
Expenses Not Reported on Form 990$54,260
Expenses Not Reported on Financial Statements$37,801
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Multnomah County LibraryPortland, OR-To support collections and programs of Multnomah County Library.$944,727
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Annuity Payable$4,500
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

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

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

In 2018, board leadership conducted a CEO evaluation and compensation review, with the results presented to the Board of Trustees by the Board Chair. Trustees also completed an annual board evaluation that obtains feedback from trustees on the organization's successes, their work with the CEO and areas of growth and improvement.

Form 990, Part VI, Section C, line 19

The organization's governing documents, 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
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Merris Sumrall
Formed
1995
Legal Domicile
Or
Voting Board Members
22
Independent Board Members
22
Employees
7
Volunteers
23

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 Perpetual Trust -23,561.

Form 990, Part XII, Line 2C:

This process has not changed from the prior year.

Financial Statement Notes

Part V, Line 4:

Board-designated quasi-endowment: As of June 30, 2019, The Library Foundation Board of Trustees held $9,869,863 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 Perpetual Trust -23,561.

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IRS990/Desc0School-age literacy programs reached into 7 school districts and across the community, engaging more than 120,000 children and teens in activities that cemented reading skills and academic success. Four primary investments last year: Books 2 U brought inspiring "booktalkers and take-home books to over 14,000 students in low-performing public schools. Summer Reading reached 112,000 babies, children and teens, including 97% of the county's elementary school students. In one of our highest-risk neighborhoods, the Rockwood Library Makerspace brought a hands-on, technology-rich learning environment and programs to nearly 3,000 teens. Welcome to Reading Literacy Kits and STEM Kits, reached thousands of children and parents at all library locations.
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IRS990/Form990PartVIISectionAGrp/PersonNm2Marcia Jory
IRS990/Form990PartVIISectionAGrp/PersonNm3Michelle Lantow
IRS990/Form990PartVIISectionAGrp/PersonNm4Julie Ball
IRS990/Form990PartVIISectionAGrp/PersonNm5Eric J Bergstrom
IRS990/Form990PartVIISectionAGrp/PersonNm6David Blount
IRS990/Form990PartVIISectionAGrp/PersonNm7Shiau Yen Chin-Dennis
IRS990/Form990PartVIISectionAGrp/PersonNm8Kristin Collins
IRS990/Form990PartVIISectionAGrp/PersonNm9Ed Epstein
IRS990/Form990PartVIISectionAGrp/PersonNm10Peter Galen
IRS990/Form990PartVIISectionAGrp/PersonNm11Rene Gonzalez
IRS990/Form990PartVIISectionAGrp/PersonNm12Emily V Karr
IRS990/Form990PartVIISectionAGrp/PersonNm13Paul J Kelly Jr
IRS990/Form990PartVIISectionAGrp/PersonNm14Nate Liebler
IRS990/Form990PartVIISectionAGrp/PersonNm15Richelle T Luther
IRS990/Form990PartVIISectionAGrp/PersonNm16Annette Mulee
IRS990/Form990PartVIISectionAGrp/PersonNm17Dilip Ratnam
IRS990/Form990PartVIISectionAGrp/PersonNm18Brad Thies
IRS990/Form990PartVIISectionAGrp/PersonNm19David Vernier
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/ReportableCompFromOrgAmt21142350
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/Form990TFiledInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-82092
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt05072
IRS990/GrantAmt0779025
IRS990/GrantsPayableGrp/BOYAmt0168978
IRS990/GrantsPayableGrp/EOYAmt0218000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01401308
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01401308
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04776101
IRS990/GrossReceiptsAmt07581758
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0917
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03254
IRS990/InformationTechnologyGrp/ProgramServicesAmt07890
IRS990/InformationTechnologyGrp/TotalAmt012061
IRS990/InsuranceGrp/FundraisingAmt0611
IRS990/InsuranceGrp/ManagementAndGeneralAmt05403
IRS990/InsuranceGrp/ProgramServicesAmt05254
IRS990/InsuranceGrp/TotalAmt011268
IRS990/InvestmentIncomeGrp/ExclusionAmt0406844
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0406844
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01062271
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02252009
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017840883
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016329398
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt042787
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015425
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014568
IRS990/LandBldgEquipCostOrOtherBssAmt057355
IRS990/LegalDomicileStateCd0OR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04858193
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Library Foundation strengthens our community and creates a bright future for children by supporting, expanding and advocating for Multnomah County Library's innovative and groundbreaking work. Gifts, large and small, make this work possible.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt019859562
IRS990/NetAssetsOrFundBalancesEOYAmt020059481
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-82092
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-82092
IRS990/NetUnrelatedBusTxblIncmAmt013429
IRS990/NetUnrlzdGainsLossesInvstAmt0158636
IRS990/NoncashContributionsAmt0456581
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04396
IRS990/OccupancyGrp/ManagementAndGeneralAmt015590
IRS990/OccupancyGrp/ProgramServicesAmt037806
IRS990/OccupancyGrp/TotalAmt057792
IRS990/OfficeExpensesGrp/FundraisingAmt013655
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022678
IRS990/OfficeExpensesGrp/ProgramServicesAmt075063
IRS990/OfficeExpensesGrp/TotalAmt0111396
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-23561
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04367
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08281
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034932
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047580
IRS990/OtherExpensesGrp/Desc0Reporting Fees
IRS990/OtherExpensesGrp/Desc1Research and Developmen
IRS990/OtherExpensesGrp/FundraisingAmt0270
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07253
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11459
IRS990/OtherExpensesGrp/ProgramServicesAmt02326
IRS990/OtherExpensesGrp/TotalAmt07253
IRS990/OtherExpensesGrp/TotalAmt14055
IRS990/OtherLiabilitiesGrp/BOYAmt04776
IRS990/OtherLiabilitiesGrp/EOYAmt04500
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01249
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01249
IRS990/OtherRevenueTotalAmt01249
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt031808
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060311
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0254403
IRS990/OtherSalariesAndWagesGrp/TotalAmt0346522
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03409
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06464
IRS990/PayrollTaxesGrp/ProgramServicesAmt027268
IRS990/PayrollTaxesGrp/TotalAmt037141
IRS990/PensionPlanContributionsGrp/FundraisingAmt02285
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04332
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018275
IRS990/PensionPlanContributionsGrp/TotalAmt024892
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04772353
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04768809
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0688098
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0743202
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024329
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022606
IRS990/PrincipalOfficerNm0Merris Sumrall
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Early literacy programs reached 70,000 babies, young children and parents with books, parent education and programs that engaged families in reading together. For families at risk for low literacy, the programs help parents become their child's first, best and most permanent teacher. Every Child A Reader reached 33,000 young children and parents, sending books home weekly in 17 languages, educating parents, and motivating families to read together. The WIC partnership reached 21,000 high risk moms and children with literacy education at health clinics. Dia de los Ninos engaged 12,000 children and parents with bilingual literacy programs. The New Parent Program sent 4,000 newborns and parents home from the hospital with literacy education and a connection to the library.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0425857
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0425857
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Lifelong learning programs, workshops and events at library locations and outreach centers reached more than 22,000 people of all ages last year. Everybody Reads and the Teen Author Program reached students by bringing books, curriculum and discussion groups to 37 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.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt095202
IRS990/ProgSrvcAccomActy3Grp/GrantAmt095202
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other expenses include staff time and program services for library programs, communications and activities ($646,629). Other library funding, includes the expansion of library collections, acquisition of rare books and historic materials, and library staff development. ($101,225). Advocacy efforts for strong public support for the library are also included in this category ($260,000).
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01007853
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0101224
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02179833
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01251850
IRS990/PYInvestmentIncomeAmt0491531
IRS990/PYOtherExpensesAmt0678137
IRS990/PYOtherRevenueAmt0348
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0140823
IRS990/PYSalariesCompEmpBnftPaidAmt0600902
IRS990/PYTotalExpensesAmt02530889
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02671712
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt064844

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
2019Detailed filing. Detailed filing data is available for this year.$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
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