Boston Public Library Fund Inc

Organization Overview

Boston Public Library Fund Inc is located in Boston, MA. The organization was established in 1992. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2022, Boston Public Library Fund Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Public Library Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Boston Public Library Fund Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 12.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE BOSTON PUBLIC LIBRARY FUND PROVIDES FINANCIAL SUPPORT TO THE BOSTON PUBLIC LIBRARY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS WERE PROVIDED TO THE BOSTON PUBLIC LIBRARY FOR VARIOUS PROGRAM GRANTS TO SUPPORT THE MISSION OF THE BOSTON PUBLIC LIBRARY. SUPPORT OF $1,000 WAS ALSO PROVIDED TO THE SEATTLE PUBLIC LIBRARY.


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Board, Officers & Key Employees

Name (title)Compensation
Paula Sakey
Executive Director
$239,205
Theresa Meckel
Director Of Finance And Operations
$134,691
Beth Barclay
Senior Major Gifts Officer
$101,097
Jeffrey B Hawkins
Chair
$0
Grace Fey
Treasurer
$0
Lewis Burleigh
Clerk
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $124,565
All other contributions, gifts, grants, and similar amounts not included above$3,111,754
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,236,319
Total Program Service Revenue$0
Investment income $101,965
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $60,365
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,398,649

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Boston Public Library Fund Inc has recieved totaling $40,150.

Awarding OrganizationAmount
The Hpb Foundation

Dallas, TX

PURPOSE: WRITER-IN-RESIDENCE PROGRAM

$40,000
Susan M Deutsch Foundation Tr

Boston, MA

PURPOSE: CHARITY

$150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,852,059
Earnings-$275,566
Other Expense$86,362
Ending Balance$1,490,131

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