Cedar Rapids Public Library Foundation is located in Cedar Rapids, IA. The organization was established in 2016. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Cedar Rapids Public Library Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Rapids Public Library Foundation 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, Cedar Rapids Public Library Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $547.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION MOBILIZES RESOURCES AND RELATIONSHIPS THAT EMPOWER OUR LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CEDAR RAPIDS PUBLIC LIBRARY FOUNDATION SUPPORTED OUR LIBRARY'S EFFORTS TO PROMOTE ACCESS, LITERACY, AND INCLUSION FOR ALL AGES. DOLLY PARTON'S IMAGINATION LIBRARY ENTERED ITS FIFTH YEAR OF SENDING FREE, AGE-APPROPRIATE BOOKS TO CHILDREN UNDER 5 IN CEDAR RAPIDS. AS OF JUNE 30, 2022, WE HAVE MAILED MORE THAN 255,000 BOOKS TO CHILDREN IN CEDAR RAPIDS, AND ENROLLMENT IS OVER 5,600 CHILDREN UNDER FIVE. OUR LIBRARY'S PARTNERSHIP WITH CARGILL ENTERED ITS 31ST YEAR AND CONTINUES TO FUND OUTREACH PROGRAMS FOR PRESCHOOLS SERVING AT-RISK CHILDREN. COVID PROTOCOLS WERE KEPT IN PLACE WITH OUR LIBRARY PROVIDING 12 VIDEO STORY TIMES AND 1,050 BOOKS FOR 115 PRESCHOOLERS DURING THE 2021-22 SCHOOL YEAR.
THE CEDAR RAPIDS PUBLIC LIBRARY FOUNDATION CONTINUES TO SUPPORT OUR LIBRARY'S EFFORTS TO PROVIDE ACCESS TO ROBUST MATERIALS THROUGH THEIR PRINT AND ONLINE COLLECTIONS. THREE YEARS AGO, THE LIBRARY FOUNDATION BEGAN FUNDING AN ONLINE RESOURCE FOR DIGITAL MATERIALS CALLED HOOPLA. THIS PLATFORM INCREASED OUR DIGITAL COLLECTION OFFERINGS TO INCLUDE COMIC BOOKS, POPULAR MOVIES, SOUNDTRACKS, AND MORE. MORE IMPORTANTLY, HOOPLA ALLOWS IMMEDIATE STREAMING OF (OR INSTANT ACCESS TO) THE DESIRED CONTENT, RATHER THAN REQUIRING A HOLDS LIST FOR POPULAR TITLES. WHEN THE PANDEMIC CLOSED LIBRARY DOORS, ITS ONLINE COLLECTIONS SAW A GREAT JUMP IN USE. IN ITS FOURTH YEAR, HOOPLA USAGE INCREASED TO 2,600 CHECKOUTS PER MONTH TOTALING 32,366 ITEMS STREAMED IN FY22.
AN INNOVATIVE ADDITION TO THE LIBRARY'S PROGRAMS AND OUTREACH IN 2021 WAS A MOBILE TECHNOLOGY LAB. IN FY22, IT CONTINUED OFFERING TECH TO GO PROGRAMS THROUGHOUT THE COMMUNITY. THIS YEAR, THE VAN VISITED SEVEN DIFFERENT PARKS EVERY WEEK AND SEVERAL COMMUNITY IMPACT SITES FROM JUNE INTO EARLY AUGUST. THE MOBILE TECHNOLOGY LAB OFFERED 122 PROGRAMS AT 35 UNIQUE LOCATIONS WITH 4,826 ATTENDEES. AN EXPANDED FOCUS FOR THE MOBILE TECHNOLOGY LAB IN FY22 WAS WORKFORCE DEVELOPMENT OUTREACH. THIS YEAR THERE WERE 18 UNIQUE LOCATIONS SERVED WITH 54 TOTAL IN-PERSON EVENTS. THERE WERE 43 JOB APPLICATIONS COMPLETED, MORE THAN 75 RESUMES CREATED, AND NINE REPORTED JOBS OBTAINED. TOTAL PATRONS SERVED AT WORKFORCE DEVELOPMENT PROGRAMS WAS 253.OUR LIBRARY'S INTERGENERATIONAL READING PROGRAM KNOWN AS THE SUMMER DARE RETURNED TO IN-PERSON PROGRAMS IN 2022. THERE WERE 1,947 READERS REGISTERED AND COLLECTIVELY, THEY READ 680,290 MINUTES IN JUNE AND JULY. THE LIBRARY STAFF CONDUCTED 188 IN-PERSON PROGRAMS WITH ATTENDANCE OF 7,163.
THE LIBRARY FOUNDATION CONTINUES TO SUPPORT OUR LIBRARY STAFF YEAR-ROUND WITH CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. THE LIBRARY FOUNDATION USES STORYTELLING TO RAISE AWARENESS OF LIBRARY PROGRAMS AND SERVICES THROUGH NEWSLETTER PUBLICATIONS AND BROCHURES SHARED AT SPEAKING EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brittany Scanlon President | OfficerTrustee | 0.5 | $0 |
Sean Williams Vice President | OfficerTrustee | 0.3 | $0 |
Ashley Grimm Secretary | OfficerTrustee | 0.3 | $0 |
Salma Igram Treasurer | OfficerTrustee | 1 | $0 |
Charity Tyler Executive Director | Officer | 45 | $0 |
Lois Buntz Director | Trustee | 0.3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $25,293 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $341,034 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $366,327 |
Total Program Service Revenue | $0 |
Investment income | $323,281 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,461,748 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,151,356 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $101,305 |
Grants and other assistance to domestic individuals. | $140,545 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $117,799 |
Compensation of current officers, directors, key employees. | $11,780 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $21,312 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,746 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $45,229 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $47,255 |
Fees for services: Other | $28,613 |
Advertising and promotion | $275 |
Office expenses | $12,211 |
Information technology | $3,098 |
Royalties | $0 |
Occupancy | $6,998 |
Travel | $146 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,702 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $8,458 |
Total functional expenses | $547,692 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $86,658 |
Savings and temporary cash investments | $155,290 |
Pledges and grants receivable | $45,134 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,432 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $9,085,477 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $13,737 |
Total assets | $9,397,728 |
Accounts payable and accrued expenses | $33,058 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $33,058 |
Net assets without donor restrictions | $5,077,513 |
Net assets with donor restrictions | $4,287,157 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,397,728 |
Over the last fiscal year, we have identified 12 grants that Cedar Rapids Public Library Foundation has recieved totaling $117,421.
Awarding Organization | Amount |
---|---|
Greater Cedar Rapids Community Foundation Cedar Rapids, IA PURPOSE: GENERAL SUPPORT, ANNUAL DESIGNATED DISTRIBUTION, DOLLY PARTON'S IMAGINATION LIBRARY | $51,693 |
John P And Lawrence J Giacoletto Foundation Marion, IA PURPOSE: MOBILE TECH LAB | $20,000 |
United Fire Group Foundation Cedar Rapids, IA PURPOSE: PROVIDE FUNDS FOR SERVICE TO COMMUNITY | $10,000 |
Hills Bancorporation Foundatiion Hills, IA PURPOSE: 2022 SUMMER READING PROGRAM | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,575 |
Stephen R And Joanne Hammes Familycharitable Foundation Tiffin, IA PURPOSE: PUBLIC LIBRARY | $6,000 |
Beg. Balance | $4,577,458 |
Earnings | -$297,439 |
Net Contributions | $2,931 |
Other Expense | $67,835 |
Grants | $603 |
Ending Balance | $4,214,512 |
Organization Name | Assets | Revenue |
---|---|---|
South Dakota State University Foundation Brookings, SD | $287,960,105 | $54,798,337 |
Northern State University Foundation Aberdeen, SD | $84,974,607 | $23,577,331 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
University Of South Dakota Foundation Vermillion, SD | $352,818,128 | $49,591,248 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |