Civic Intelligence

American Library in Paris Inc.

990 • Fiscal year 2016 • EIN 98-0000064

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 08, 2017

10 Rue Du General CamouParis 75007Fr

(331) 535-9126

Siviq Scores

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

Liabilities / Assets

66th percentile

0.25x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.30x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

90th percentile

40%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

68th percentile

$99,071

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

91st percentile

48%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,082,148

Up $1,000,816 (+48%) from 2015

Net Assets

Up

$2,318,283

Up $887,053 (+62%) from 2015

Liabilities

Up

$763,866

Up $113,764 (+17%) from 2015

Revenue

Up

$2,561,774

Up $244,988 (+11%) from 2015

Expenses

Up

$1,536,338

Up $373,345 (+32%) from 2015

Net Income

Down

$1,025,436

Down $128,357 (-11%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $849,250Liabilities 2011: $761,964Net Assets 2011: $87,2862011Assets 2012: $855,079Liabilities 2012: $825,619Net Assets 2012: $29,4602012Assets 2013: $1,116,252Liabilities 2013: $866,190Net Assets 2013: $250,0622013Assets 2014: $1,039,998Liabilities 2014: $707,555Net Assets 2014: $332,4432014Assets 2015: $2,081,332Liabilities 2015: $650,102Net Assets 2015: $1,431,2302015Assets 2016: $3,082,148Liabilities 2016: $763,866Net Assets 2016: $2,318,2832016Assets 2017: $3,214,811Liabilities 2017: $451,040Net Assets 2017: $2,763,7712017Assets 2018: $2,769,596Liabilities 2018: $422,687Net Assets 2018: $2,346,9092018Assets 2019: $2,851,780Liabilities 2019: $616,972Net Assets 2019: $2,234,8082019Assets 2020: $3,493,083Liabilities 2020: $678,922Net Assets 2020: $2,814,1612020Assets 2021: $3,083,181Liabilities 2021: $647,231Net Assets 2021: $2,435,9502021Assets 2022: $3,193,360Liabilities 2022: $560,346Net Assets 2022: $2,633,0142022Assets 2023: $3,097,031Liabilities 2023: $681,808Net Assets 2023: $2,415,2232023Assets 2024: $2,734,289Liabilities 2024: $646,424Net Assets 2024: $2,087,8652024

Highlighted filing

2016

Assets$3,082,148
Liabilities$763,866
Net Assets$2,318,283

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,970,8172011Revenue 2012: $1,159,629Expenses 2012: $1,214,947Net Income 2012: -$55,3182012Revenue 2013: $1,506,043Expenses 2013: $1,287,688Net Income 2013: $218,3552013Revenue 2014: $1,436,818Expenses 2014: $1,463,107Net Income 2014: -$26,2892014Revenue 2015: $2,316,786Expenses 2015: $1,162,993Net Income 2015: $1,153,7932015Revenue 2016: $2,561,774Expenses 2016: $1,536,338Net Income 2016: $1,025,4362016Revenue 2017: $1,491,140Expenses 2017: $1,373,745Net Income 2017: $117,3952017Revenue 2018: $1,111,079Expenses 2018: $1,412,161Net Income 2018: -$301,0822018Revenue 2019: $1,336,476Expenses 2019: $1,412,409Net Income 2019: -$75,9332019Revenue 2020: $1,704,717Expenses 2020: $1,360,048Net Income 2020: $344,6692020Revenue 2021: $1,308,973Expenses 2021: $1,527,636Net Income 2021: -$218,6632021Revenue 2022: $1,735,996Expenses 2022: $1,455,702Net Income 2022: $280,2942022Revenue 2023: $1,504,393Expenses 2023: $1,848,555Net Income 2023: -$344,1622023Revenue 2024: $1,744,918Expenses 2024: $2,003,708Net Income 2024: -$258,7902024

Highlighted filing

2016

Revenue$2,561,774
Expenses$1,536,338
Net Income$1,025,436
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 8, 2017
Return Version
2016v3.0
Gross Receipts
$2,753,182
Mission and Program Overview

Mission

The american library in paris was established in 1920 under the auspices of the american library association(see schedule o for details.

The american library in paris is the largest english-language lending library on the european continent and a major american cultural and educational center in france.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$604,614$2,408,858▲ $1,804,244
Cash and Non-Interest-Bearing Accounts$1,395,421$600,862▼ $794,559
Accounts Receivable$39,598$56,453▲ $16,855
Savings and Temporary Cash Investments$34,454$0▼ $34,454
Prepaid Expenses and Deferred Charges$7,245$15,975▲ $8,730
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,081,332$3,082,148▲ $1,000,816
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$230,359$375,416▲ $145,057
Other Liabilities$227,669$206,321▼ $21,348
Deferred Revenue$192,074$182,129▼ $9,945
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$650,102$763,866▲ $113,764
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,163,591$2,050,644▲ $887,053
Unrestricted Net Assets$267,639$267,639→ $0
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,431,230$2,318,283▲ $887,053
Total Liabilities and Net Assets / Fund Balance$2,081,332$3,082,149▲ $1,000,817

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,129,419$1,928,427$4,057,846
Equipment$89$1,234,799$1,234,888
Other Land Buildings$279,350$519,049$798,399
Leasehold Improvements-$0-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles TrueheartLibrary DirectorFT$87,673$11,398$99,071

Highest Paid Contractors

ContractorServicesLocationCompensation
Les Charpentires De ParisCarpentry46 RUE DE MEUNIERS, Bagneux, 0, Fr$458,910
ValleeConstruction17-21 VOIE DIGNY, Clamart, 0, Fr$221,518
Paris Construction Est PceConstruction142 RUE DE MEUNIERS, Saint Maur Les Fosses, 0, Fr$194,717
EiffagePlumbing167 AVENUE CHARLES DE GAULLE, Morangis, 0, Fr$187,646
Demenagements ServicesMovers13 RUE JEAN-JACQUES ROUSSEAU, Grigny, 0, Fr$141,657
Revenue and Support

Revenue Composition

Contributions and Grants
$2,042,986
Program Service Revenue
$341,040
Investment Income
$638
Other Revenue
$177,110
All Other Contributions
$1,668,760
Change in Net Assets
$1,025,436

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$1,200,113fair value
Total Noncash Contributions1$1,200,113-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,561,774
Revenue Not Reported on Form 990
$219,169
Total Revenue per Audited Statements
$2,780,943
Total Revenue per Form 990
$2,561,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$806,134
Other Expenses$730,204
Total Fundraising Expense$276,602
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$200,416$140,291$60,125$400,832
Information Technology$124,950$83,300$89,250$297,500
Payroll Taxes$91,707$64,195$27,512$183,414
Current Officers, Directors, Trustees, and Key Employees$24,768$49,536$24,768$99,072
Occupancy$60,780$21,707$4,341$86,828
Office Expenses$9,585$57,529$12,781$79,895
Other Employee Benefits$32,922$23,045$9,877$65,844
Depreciation Depletion$46,079$16,457$3,291$65,827
Pension Plan Contributions$28,486$19,940$8,546$56,972
Fees for Services Other$35,388$17,134$1,125$53,647
Other Expenses$11,276$1,611$19,330$32,217
Fees for Services Accounting$5,758$14,395$8,636$28,789
Travel$9,424$2,356$3,927$15,707
Insurance$5,678$5,678-$11,356
Advertising$5,152-$1,716$6,868
Total Functional Expenses$736,132$523,604$276,602$1,536,338

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,801,708
Expenses per Audited Statements$1,536,338
Total Expenses per Form 990$1,536,338
Expenses Not Reported on Form 990$265,370
International Activity

International Summary

Offices
1
Employees
14
Spending
$1,536,338

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesLibrary114$1,536,338
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,486
Fundraising Gross Income$48,486
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$163,566$48,486$675$47,811
Total Events$163,566$48,486$48,487$-1
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Provision for Retirement Benef$202,463
Deposits From Members$3,858
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 15

The Board determines the compensation of the Director. The Director determines the compensation for all other employees based on the strict requirements under French Law and within the budget constraints established by the Board. The Board approves the overall budget which includes compensation for all employees.

Form 990, Part VI, Section A, Line 11

Upon completion of the Federal Form 990, management provides a copy of the return to the Executive committee of the board to review. Upon review, comments and input are solicited by management which may require changes to the Form 990 before it is filed with the IRS. These comments are approved and incorporated into the document. Approval of the revised Form 990 is then documented in the Board minutes and the form 990 is processed by electronic submission to the IRS. The authorized signatory on the return is the chairman or the treasurer. A public disclosure copy of the Form, as filed with the IRS, is maintained by the Organization in Paris, France for distribution to the general public. Access to an electronic version of the report is free and copies may be obtained for a fee of $.20 per page, if requested.

Form 990, Part VI, Section C, Line 19

ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. AN UNSTAPLED public DISCLOSURE COPY OF BOTH THE ORGANIZATION'S FORM 990 AND THAT OF ITS SUPPORTING ORGANIZATION ARE GIVEN TO THE LIBRARY DIRECTOR EVERY YEAR. IN ADDITION, THE LIBRARY DIRECTOR HAS MANY OF THE GOVERNING DOCUMENTS AVAILABLE IN PDF FORMAT.

Form 990, Part VI, Section A, Lines 6, 7A & 7B

The library has approximately 2,500 members who pay an annual membership fee. Every year the members of the library must approve or reject the list of new board candidates proposed to them by the board at the annual meeting.

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

The organization distributes applicable conflict of interest forms to all board members annually, and requests a signed compliance statement from each person.

Filing and Contact Details

Filer

Filer Name
American Library in Paris Inc
EIN
98-0000064
In Care Of
% CHARLES TRUEHEART
Phone
3315359126
Address
FR

Signing Officer

Name
Charles Trueheart
Title
Library Director
Phone
2126983500
Signed
2017-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Lee Turner
Formed
1920
Voting Board Members
18
Independent Board Members
18
Employees
14
Volunteers
100

Preparer

Firm
WithumSmithBrown PC
Address
1 SPRING STREET, NEW BRUNSWICK, NJ 08901
Preparer
Catherine Bendall
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Part V, 2A

All employees of the Library in Paris are citizens of France or other countries in Europe. Tax filings and payments for all employees have been made in accordance with the requirements of the taxing authorities of that country. There is no payroll paid in the United States, nor any employees that work in the United States.

Form 990, Part XI, Line 9

Other changes in net assets includes the currency loss of $138,383 for the year, which is due to the recalculation of the values in US dollars for assets and liabilities maintained in other currencies and includes other currency gain/loss on transactions that occured in other currencies during the year.

Form 990, Page 1, Box E

The telephone number for the organization is 011-33-XXX-XX-XXXX.

Form 990, Page 2, part III, 4A - Program description

The Library's collection of more than 100,000 items ranges from popular fiction to current events to children's literature. It is both a community library based on the American public library model and a research library akin to those found at a small liberal-arts college. It serves expatriate Americans as well as an international clientele of people who share English as a common language. Its signature evening programs featuring authors and other public figures are open to the public. Membership fees, which account for about a quarter of the Library's revenues, are supplemented by rent from an adjacent property, an aggressive year-round fundraising operation, and gifts from the Library's US-based entity, the American Library in Paris USA Foundation. During 2016, the American Library undertook extensive renovations of its physical plant at a cost of approximately $2,750,000. The entrance to the Library was improved for reasons of both security and controlled access, and a new open street facade created. A new lower-level mutli-purpose space was captured in former stacks areas, and the existing reading room enhanced and sealed for quiet. A new mezzanine was constructed and a handicap-access elevator installed. The entire collection was RFID-tagged for checkout service by kiosks. Funds from private individuals and foundations were raised during 2015 and 2016 to cover these costs.

Form 990, Part III, Line 1

IT IS A MEMBERSHIP LIBRARY WITH MAJOR HOLDINGS OF BOOKS, PERIODICALS, AUDIO-VISUAL MATERIALS, AND ELECTRONIC DATABASES. AS A CULTURAL AND COMMUNITY CENTER IT SERVES 2,500 FAMILIES AND A BROAD INTERNATIONAL PUBLIC DRAWN TO ITS OUTSTANDING COLLECTIONS, RESEARCH PROFESSIONALS, LITERARY EVENINGS AND CHILDREN'S ACTIVITIES. The American Library in Paris celebrates the written word and the life of the mind. It is constantly renewing its purpose in Paris as a center for literature, learning, culture, and community. Its Mission: -To provide access in France to what is best in English-language books, periodicals and other materials by sustaining and extending a varied and enduring collection. -To provide the services of a contemporary American public library. -To encourage and support reading in English by children and young adults. -To act as an educational support center for people of all ages on their pursuit of formal instruction or personal growth. -To promote better understanding between France and the United States by making available the artistic, historical and business record of the American experience to an international audience

Financial Statement Notes

Schedule D, Part XI, Line 2D

SPECIAL EVENTS EXPENSES OF $48,486 WERE INCLUDED AS EXPENSES ON THE FINANCIAL STATEMENTS, BUT ARE NETTED FOR THE PRESENTATION IN THE FORM 990 AGAINST SPECIAL EVENT REVENUE AS REQUIRED. RENTAL EXPENSES OF $142,921 WERE INCLUDED AS EXPENSES ON THE FINANCIAL STATEMENTS, BUT WERE NETTED AGAINST RENTAL INCOME AS REQUIRED FOR FORM 990. $27,370 shown as miscellaneous income were netted against expenses for the 990. Also currency gain of $390 was shown as an other adjustment on the 990 not as revenue. Total adjustments were $219,169.

Schedule D, Part XII, Line 2D

SPECIAL EVENTS EXPENSES OF $48,486 WERE INCLUDED AS EXPENSES ON THE FINANCIAL STATEMENTS, BUT ARE NETTED FOR THE PRESENTATION IN THE FORM 990 AGAINST SPECIAL EVENT REVENUE AS REQUIRED. RENTAL EXPENSES OF $142,921 WERE INCLUDED AS EXPENSES ON THE FINANCIAL STATEMENTS, BUT WERE NETTED AGAINST RENTAL INCOME AS REQUIRED FOR FORM 990. Miscellaneous revenues of $27,372 shown in the financials were offset against the related expense accounts in the Form 990. ALSO CURRENCY LOSS OF $46,609 WAS SHOWN AS AN OTHER ADJUSTMENT ON THE 990 NOT AS AN EXPENSE THE TOTAL ADJUSTMENT FOR EXPENSES WAS $265,370.

Raw XML AppendixShowing 400 of 757 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE AMERICAN LIBRARY IN PARIS WAS ESTABLISHED IN 1920 under the auspices of the American Library Association(SEE SCHEDULE O FOR DETAILS.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.65$2.09$1.74$2.00$0.26
2023Summary only. Only limited summary data is available for this year.$3.10$0.68$2.42$1.50$1.85$0.34
2022Summary only. Only limited summary data is available for this year.$3.19$0.56$2.63$1.74$1.46$0.28
2021Summary only. Only limited summary data is available for this year.$3.08$0.65$2.44$1.31$1.53$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$0.68$2.81$1.70$1.36$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.62$2.23$1.34$1.41$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.42$2.35$1.11$1.41$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.45$2.76$1.49$1.37$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.08$0.76$2.32$2.56$1.54$1.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.65$1.43$2.32$1.16$1.15
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.71$0.33$1.44$1.46$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.87$0.25$1.51$1.29$0.22
2012Summary only. Only limited summary data is available for this year.$0.86$0.83$0.03$1.16$1.21$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.76$0.09$1.97