Civic Intelligence

Library Foundation Inc. Serving the People of Multnomah County

990 • Fiscal year 2022 • EIN 93-1190983

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 03, 2022

Organization Profilewww.libraryfoundation.org

View Organization Page

620 SW Fifth Avenue 1025Portland, OR 97204

(503) 223-4008

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.03x

Higher debt load relative to assets than 23% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

50th percentile

0.22x

Higher debt load relative to revenue than 50% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

54th percentile

$188,203

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

20th percentile

-9.5%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-31%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Down

$22,669,861

Down $2,372,406 (-9.5%) from 2021

Net Assets

Down

$21,992,263

Down $2,287,890 (-9.4%) from 2021

Liabilities

Down

$677,598

Down $84,516 (-11%) from 2021

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin70th percentile

Revenue

Down

$3,134,177

Down $1,376,412 (-31%) from 2021

Expenses

Up

$2,534,244

Up $136,462 (+5.7%) from 2021

Net Income

Down

$599,933

Down $1,512,874 (-72%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

2022

Assets$22,669,861
Liabilities$677,598
Net Assets$21,992,263
Open 2022 Filing

Operations Trend

Revenue Growth12th percentile

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

2022

Revenue$3,134,177
Expenses$2,534,244
Net Income$599,933
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 3, 2022
Return Version
2021v4.2
Gross Receipts
$8,223,711
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 Multnomah County Library's innovative work and strengthen our library system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$20,282,059$14,827,805▼ $5,454,254
Investments Other Securities$3,453,781$6,369,595▲ $2,915,814
Cash and Non-Interest-Bearing Accounts$608,848$864,479▲ $255,631
Pledges and Grants Receivable$649,974$570,042▼ $79,932
Prepaid Expenses and Deferred Charges$43,261$25,274▼ $17,987
Land, Buildings, and Equipment, Net$4,344$12,666▲ $8,322
Total Assets$25,042,267$22,669,861▼ $2,372,406
Liabilities
Grants Payable$473,468$409,133▼ $64,335
Accounts Payable and Accrued Expenses$284,752$264,904▼ $19,848
Other Liabilities$3,894$3,561▼ $333
Total Liabilities$762,114$677,598▼ $84,516
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,599,190$11,100,992▼ $498,198
Net Assets Without Donor Restrictions$12,680,963$10,891,271▼ $1,789,692
Total Net Assets Fund Balance$24,280,153$21,992,263▼ $2,287,890
Total Liabilities and Net Assets / Fund Balance$25,042,267$22,669,861▼ $2,372,406

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,666$27,123$39,789
Other Securities$6,164,133--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$19,457,339$260,150▼ $1,443,234$675,813$17,598,442
2020$15,466,646$580,324▲ $4,168,944$758,575$19,457,339
2019$16,080,700$245,554▲ $175,275$1,034,883$15,466,646
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
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Merris SumrallCEOFT$145,000$43,203$188,203

Board Members and Trustees

NameTitle
Eva KripalaniChair, trustee
David L VernierVice Chair, trustee
Paul J Kelly JrSecretary, trustee
Kori AllenTreasurer, trustee
Akeem WilliamsTrustee
Anne JarvisTrustee
Bradley ThiesTrustee
David BlountTrustee
Dilip RatnamTrustee
Emily V KarrTrustee
Jean JosephsonTrustee
Jeff SchererTrustee
Julie BallTrustee
Kristin CollinsTrustee
Molly OnoTrustee
Peter GalenTrustee
Shiau Yen Chin-DennisTrustee
Sonja McKenzieTrustee
Sonya WhiteTrustee
Wendy WrayTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$2,179,410
Program Service Revenue
$0
Investment Income
$951,530
Other Revenue
$3,237
All Other Contributions
$2,179,410
Change in Net Assets
$599,933

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table31,200$343,801Determined by donors
Other Non Cash Contri Table30$7,500Determined by donors
Total Noncash Contributions31,230$351,301-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,085,510
Revenue Not Reported on Financial Statements
$48,667
Revenue Not Reported on Form 990
$-2,857,068
Total Revenue per Audited Statements
$228,442
Total Revenue per Form 990
$3,134,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,522,902
Salaries, Compensation, and Employee Benefits$664,757
Other Expenses$346,585
Total Fundraising Expense$91,464
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,522,902--$1,522,902
Other Salaries and Wages$231,646$92,010$32,493$356,149
Current Officers, Directors, Trustees, and Key Employees$122,990$48,852$17,252$189,094
Office Expenses$70,985$17,598$13,950$102,533
Occupancy$43,095$22,292$6,690$72,077
Other Employee Benefits$34,291$13,620$4,810$52,721
Fees for Services Other$36,859$6,046$8,447$51,352
Fees for Services Accounting-$49,130-$49,130
Fees for Service Investment Mgmnt Fees-$48,667-$48,667
Payroll Taxes$27,525$10,933$3,861$42,319
Pension Plan Contributions$15,918$6,323$2,233$24,474
Information Technology$5,945$3,132$943$10,020
Insurance$949$3,817$151$4,917
Depreciation Depletion$1,748$921$277$2,946
Other Expenses$2,252$1,148$357$1,148
Total Functional Expenses$2,117,105$325,675$91,464$2,534,244

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,534,244
Total Expenses per Audited Statements$2,516,332
Expenses per Audited Statements$2,485,577
Expenses Not Reported on Financial Statements$48,667
Expenses Not Reported on Form 990$30,755
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Multnomah County LibraryPortland, OR-To support collections and programs of Multnomah County Library.$1,171,601
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$3,561
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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 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/video conference, 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 2022, board leadership conducted a CEO evaluation, 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 work, the board's stewardship, fiscal oversight and strength of operations.”

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 1025, Portland, OR 97204

Signing Officer

Name
Merris Sumrall
Title
Chief Executive Officer
Phone
5032234008
Signed
2022-11-03
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
7
Volunteers
20

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 -112,631.”

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, 2022, The Library Foundation Board of Trustees held $10,746,060 of net assets without donor restrictions, received as bequests without donor restrictions, 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 740 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 -112,631.”

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IRS990/Desc0School-age literacy programs reached all K-12 students in 7 school districts with books and programs that cement reading skills and academic success, counteracting the effects of a difficult year. Summer Reading engaged 100,000 children and teens with a fun interactive game. Library Connect connected 108,000 students to library services, including online resources, homework help and tutoring support. STEAM Home Learning Kits reached 68,000 students with hands-on learning kits that support academic achievement. 30,000 children's books and e-books in more than 20 languages went home with tens of thousands of children through outreach work and the circulating collection.
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IRS990/Form990PartVIISectionAGrp/PersonNm7Shiau Yen Chin-Dennis
IRS990/Form990PartVIISectionAGrp/PersonNm8Kristin Collins
IRS990/Form990PartVIISectionAGrp/PersonNm9Peter Galen
IRS990/Form990PartVIISectionAGrp/PersonNm10Anne Jarvis
IRS990/Form990PartVIISectionAGrp/PersonNm11Jean Josephson
IRS990/Form990PartVIISectionAGrp/PersonNm12Emily V Karr
IRS990/Form990PartVIISectionAGrp/PersonNm13Molly Ono
IRS990/Form990PartVIISectionAGrp/PersonNm14Sonja McKenzie
IRS990/Form990PartVIISectionAGrp/PersonNm15Dilip Ratnam
IRS990/Form990PartVIISectionAGrp/PersonNm16Jeff Scherer
IRS990/Form990PartVIISectionAGrp/PersonNm17Bradley Thies
IRS990/Form990PartVIISectionAGrp/PersonNm18Sonya White
IRS990/Form990PartVIISectionAGrp/PersonNm19Akeem Williams
IRS990/Form990PartVIISectionAGrp/PersonNm20Wendy Wray
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair, trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair, trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary, trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer, trustee
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
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IRS990/IndivRcvdGreaterThan100KCnt01
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0943
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03132
IRS990/InformationTechnologyGrp/ProgramServicesAmt05945
IRS990/InformationTechnologyGrp/TotalAmt010020
IRS990/InsuranceGrp/FundraisingAmt0151
IRS990/InsuranceGrp/ManagementAndGeneralAmt03817
IRS990/InsuranceGrp/ProgramServicesAmt0949
IRS990/InsuranceGrp/TotalAmt04917
IRS990/InvestmentIncomeGrp/ExclusionAmt0567144
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0567144
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03453781
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06369595
IRS990/InvestmentsPubTradedSecGrp/BOYAmt020282059
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014827805
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt027123
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt012666
IRS990/LandBldgEquipCostOrOtherBssAmt039789
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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/NetAssetsOrFundBalancesBOYAmt024280153
IRS990/NetAssetsOrFundBalancesEOYAmt021992263
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0384386
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0384386
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2775192
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012680963
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010891271
IRS990/NoncashContributionsAmt0351301
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06690
IRS990/OccupancyGrp/ManagementAndGeneralAmt022292
IRS990/OccupancyGrp/ProgramServicesAmt043095
IRS990/OccupancyGrp/TotalAmt072077
IRS990/OfficeExpensesGrp/FundraisingAmt013950
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017598
IRS990/OfficeExpensesGrp/ProgramServicesAmt070985
IRS990/OfficeExpensesGrp/TotalAmt0102533
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-112631
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04810
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013620
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034291
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052721
IRS990/OtherExpensesGrp/Desc0Research and Developmen
IRS990/OtherExpensesGrp/Desc1Reporting Fees
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01186
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11148
IRS990/OtherExpensesGrp/ProgramServicesAmt02252
IRS990/OtherExpensesGrp/TotalAmt03795
IRS990/OtherExpensesGrp/TotalAmt11148
IRS990/OtherLiabilitiesGrp/BOYAmt03894
IRS990/OtherLiabilitiesGrp/EOYAmt03561
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03237
IRS990/OtherRevenueTotalAmt03237
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt032493
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt092010
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0231646
IRS990/OtherSalariesAndWagesGrp/TotalAmt0356149
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IRS990/OwnWebsiteInd0X
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010933
IRS990/PayrollTaxesGrp/ProgramServicesAmt027525
IRS990/PayrollTaxesGrp/TotalAmt042319
IRS990/PensionPlanContributionsGrp/FundraisingAmt02233
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06323
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015918
IRS990/PensionPlanContributionsGrp/TotalAmt024474
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IRS990/PrincipalOfficerNm0Merris Sumrall
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Early literacy programs that motivate families to read together reached 80,000 babies, young children and parents. Engaging books, parent education, and motivational storytimes enabled parents to become their child's first, best and most permanent teacher. Every Child A Reader reached 25,000 young children and parents, sending books home in 20 languages, educating parents, and motivating families to read together. Virtual storytimes reached 29,000 children and parents at home. Dia de los Ninos engaged 12,500 children and parents with bilingual literacy programs. The WIC partnership reached 19,000 low-income moms and children with literacy education. The New Parent Program sent 5,000 newborns and parents home with literacy education and an introduction to library services.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0343704
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0343704
IRS990/ProgSrvcAccomActy3Grp/Desc0Lifelong learning programs, workshops and pioneering virtual events reached more than 16,000 people of all ages last year. Children and adults were able to access free virtual arts, cultural and humanities programs. Everybody Reads, a community-wide reading program, reached nearly 2,000 students by bringing books, curriculum and engaging discussions to 24 middle and high schools and youth organizations, transforming how students experience reading, writing, and the written word. Seniors and adults also participated in Everybody Reads, including online programming and book discussion groups.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt073521
IRS990/ProgSrvcAccomActy3Grp/GrantAmt073521
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other expenses include staff time and program services for library programs, communications and activities ($594,202). Support for library collections and locations ($74,290).
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0668492
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt074290
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYContributionsGrantsAmt02344745
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IRS990/PYInvestmentIncomeAmt02165489
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IRS990/PYOtherRevenueAmt0355
IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYTotalExpensesAmt02397782
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IRS990/PYTotalRevenueAmt04510589
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01722641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02397564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02179833

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,669,861
Liabilities
$677,598
Net assets
$21,992,263
Revenue
$3,134,177
Expenses
$2,534,244
Net income
$599,933
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
2022Detailed filing. Detailed filing data is available for this year.$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
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