Boulder Public Library Foundation Inc
- Assets
- $5.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Boulder, CO
- Founding
- 11/1974
- Data as of
- 12/2021
- EIN
- 23-7408456
Organization Overview
Boulder Public Library Foundation Inc is located in Boulder, CO. The organization was established in 1974. 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 12/2021, Boulder 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. Boulder 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 12/2021, Boulder Public Library Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 8.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BOULDER LIBRARY FOUNDATION INCREASES FUNDING FOR SERVICES THAT HELP THE PEOPLE OF BOULDER DEVELOP AND GROW BY RAISING MONEY, INCREASING AWARENESS, ADVOCATING FOR THE LIBRARY, AND ENCOURAGING COMMUNITY INVOLVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTH BOULDER LIBRARY CAPITAL CAMPAIGN GRANT- TO PRESERVE THE ORIGINAL SQUARE FOOTAGE OF THE LIBRARY IN AN ESCALATING CONSTRUCTION COST ENVIRONMENTLIBRARY PROGRAMMING GRANT- TO FUND NEARLY 90% OF THE LIBRARY'S HARD COSTS ASSOCIATED WITH PROGRAMMING, PLUS SOME OF ITS STAFFING COSTS, INCLUDING SUMMER OF DISCOVERY, BLDG61, WINTER READING, CHILDREN'S AND TEEN'S PROGRAMS, BRANCH PROGRAMS, ONE BOOK ONE BOULDER, POLLINATOR GARDEN, PROGRAM BOOKLET PRODUCTION, AND CARNEGIE LIBRARY STAFF AND PROGRAMMINGHALO PROGRAM - HELP A LIBRARY WORKER OUT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Quick Treasurer | OfficerTrustee | 1 | $0 |
Alicia Gibb Seidle President | OfficerTrustee | 1 | $0 |
Tim Williams Vice President | OfficerTrustee | 1 | $0 |
Isaac Andres Secretary | OfficerTrustee | 1 | $0 |
Joel Koenig Director | Trustee | 1 | $0 |
Marina Lagrave Director | Trustee | 1 | $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 | $400,796 |
| Noncash contributions included in lines 1a–1f | $78,172 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,796 |
| Total Program Service Revenue | $0 |
| Investment income | $304,853 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,396 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $346,534 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,056,006 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $972,511 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,770 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,938 |
| Payroll taxes | $15,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,641 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,586 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,989 |
| Office expenses | $16,850 |
| Information technology | $10,282 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,332 |
| All other expenses | $0 |
| Total functional expenses | $1,288,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,717 |
| Savings and temporary cash investments | $149,426 |
| Pledges and grants receivable | $0 |
| 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 | $1,023 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,535,624 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $873 |
| Total assets | $5,793,663 |
| Accounts payable and accrued expenses | $259 |
| 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 | $5,649 |
| Total liabilities | $5,908 |
| Net assets without donor restrictions | $5,321,741 |
| Net assets with donor restrictions | $466,014 |
| 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 | $5,793,663 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Boulder Public Library Foundation Inc has recieved totaling $17,750.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Boulder, CO PURPOSE: General operating support | $15,000 |
The Pearson Foundation Inc Niwot, CO PURPOSE: GENERAL OPERATING EXPENSES | $2,500 |
Otter Island Foundation Houston, TX PURPOSE: ANNUAL FUND CAMPAIGN | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |
Wgu Advancement Salt Lake City, UT | $262,529 | $10,776,481 |
Emporia State University Foundation Emporia, KS | $139,579,484 | $15,768,413 |
University Of Utah Research Foundation Salt Lake City, UT | $360,749,047 | $26,132,674 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Casper College Foundation Casper, WY | $118,882,238 | $11,522,950 |
San Tan Montessori School Inc Gilbert, AZ | $28,267,534 | $9,003,617 |