Public Library Of Cincinnati And Hamilton County Foundation is located in Cincinnati, OH. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Library Of Cincinnati And Hamilton County 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, Public Library Of Cincinnati And Hamilton County 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 17.8% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 15.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROVIDES PRIVATE SECTOR SUPPORT FOR THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY TO STRENGTHEN COLLECTIONS, EXPAND PROGRAMS, AND ENHANCE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND DISTRIBUTIONS TO THE CINCINNATI & HAMILTON COUNTY PUBLIC LIBRARY TO SUPPORT ITS OPERATIONS AND BRANCH LIBRARIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Brun ESQ Secretary/director | OfficerTrustee | 4 | $0 |
Scott Richards Chairman/director | OfficerTrustee | 4 | $0 |
Matt Davis Vice Chairman/director | OfficerTrustee | 4 | $0 |
Thomas Sundermann Treasurer/director | OfficerTrustee | 5 | $0 |
Susan Cranley Director | Trustee | 1 | $0 |
Dan Mckenna Director | Trustee | 1 | $0 |
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 | $1,709,959 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,709,959 |
Total Program Service Revenue | $0 |
Investment income | $118,527 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $398,176 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,227,244 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $321,413 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $57,973 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $1,114,836 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,150,203 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $8,322,391 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,472,594 |
Accounts payable and accrued expenses | $148,822 |
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 | $148,822 |
Net assets without donor restrictions | $4,629,307 |
Net assets with donor restrictions | $4,694,465 |
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 | $9,472,594 |
Over the last fiscal year, we have identified 11 grants that Public Library Of Cincinnati And Hamilton County Foundation has recieved totaling $714,169.
Awarding Organization | Amount |
---|---|
Skyler Foundation Cincinnati, OH PURPOSE: UNRESTRICTED CONTRIBUTION | $500,000 |
Charles H Dater Foundation Inc Cincinnati, OH PURPOSE: HOMEWORK HELPER PROGRAM, 2022 SUMMER,2022-23 SCHOOL YEAR & SUMMER | $75,000 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $63,450 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $24,255 |
Raymond C And Anna T Johnson Foundation Inc Cincinnati, OH PURPOSE: FUNDING FOR OUTREACH AND PROGRAMMING FOCUSED ON ESL AND OTHER SERVICES FOR UNDERSERVED POPULATIONS. | $20,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $10,000 |
Beg. Balance | $4,191,115 |
Earnings | $112,961 |
Net Contributions | $153,318 |
Other Expense | $112,961 |
Ending Balance | $4,344,433 |
Organization Name | Assets | Revenue |
---|---|---|
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Kent State University Foundation Kent, OH | $245,939,628 | $27,886,498 |
University Of Akron Foundation Akron, OH | $205,506,114 | $14,662,521 |
School Employees Benefit Trust Cincinnati, OH | $16,584,284 | $19,989,967 |
Marshall University Foundation Incorporated Huntington, WV | $365,151,220 | $39,444,191 |
Friends Of Breakthrough Schools Cleveland, OH | $75,617,435 | $14,315,646 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Ers Strategic Properties Inc Rootstown, OH | $122,229,530 | $11,683,070 |
Employee Benefit Trust Of Northampton Co Area Community Coll Bethlehem, PA | $1,194,772 | $10,407,527 |