New Haven Free Public Library Foundation Inc

Organization Overview

New Haven Free Public Library Foundation Inc is located in New Haven, CT. The organization was established in 1990. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2023, New Haven Free Public Library Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Haven Free Public Library Foundation 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 06/2023, New Haven Free Public Library Foundation Inc generated $391.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO WORK COLLABORATIVELY WITH THE NEW HAVEN FREE PUBLIC LIBRARY TO RAISE FUNDS TO SUPPORT MAJOR INITIATIVES AND INNOVATIVE PROJECTS THAT ENHANCE THE SERVICES OF THE LIBRARY TO THE RESIDENTS OF NEW HAVEN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE NEW HAVEN FREE PUBLIC LIBRARY FOUNDATION IS TO RAISE FUNDS--GENERAL OPERATING, PROJECT-SPECIFIC FUNDING, AND ENDOWMENT--ON BEHALF OF THE NEW HAVEN FREE PUBLIC LIBRARY. THESE FUNDS ARE PERIODICALLY TRANSFERRED FROM THE FOUNDATION TO THE LIBRARY TO PROVIDE RESOURCES TO HELP THE LIBRARY IMPROVE ITS COLLECTION OF PRINT AND ONLINE RESOURCES; DELIVER CRUCIAL COMMUNITY SERVICES AND PROGRAMS TO THE ENTIRE CITY OF NEW HAVEN; PROVIDE SUPPORT FOR STRATEGIC PRIORITIES AND PROJECTS; AND SUSTAIN THE PUBLIC LIBRARY AS A FREE AND DEMOCRATIC INSTITUTION FOR FUTURE GENERATIONS. THE NEW HAVEN FREE PUBLIC LIBRARY FOUNDATION PROMOTES THE WORK OF THE LIBRARY, BUILDS COMMUNITY SUPPORT, AND PROVIDES OVERSIGHT AND STEWARDSHIP OF CONTRIBUTED FUNDS.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Ellen Savage
President
$0
Sean C Koehler
Vice President
$0
Thomas M Haskell
Treasurer
$0
Fran Detoro
Director
$0
Edward C Harris
Director
$0
Sarah Berkman Ficca
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$338,430
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$338,430
Total Program Service Revenue$0
Investment income $22,975
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $30,328
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $391,733

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