Quatrefoil Library

Organization Overview

Quatrefoil Library is located in Minneapolis, MN. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quatrefoil Library 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, Quatrefoil Library generated $109.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $53.1k during the year ending 12/2021. While expenses have increased by 0.2% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

QUATREFOIL LIBRARY IS A COMMUNITY CENTER THAT CULTIVATES THE FREE EXCHANGE OF IDEAS AND MAKES ACCESSIBLE LGBTQ+ MATERIALS FOR EDUCATION AND INSPIRATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LIBRARY - IT IS OUR CONTINUED EFFORT OF CURATING LGBTQ+ MATERIALS TO BE LENT TO THE COMMUNITY AND PROVIDING PROGRAMMING FOR CREATIVE QUEER INDIVIDUALS (SUCH AS AUTHOR READINGS, WRITING WORKSHOPS, EXHIBITS AND LECTURES, AND EVENTS CELEBRATING THE LGBTQ+ COMMUNITY IN LITERATURE). WE WORK TO PRESERVE, COLLECT AND DISPLAY OUR COLLECTION IN A WELCOMING AND SAFE ENVIRONMENT. PATRONS CONDUCTED RESEARCH, PARTICIPATED IN BOOK CLUBS, READ FOR FUN, CHECKED OUT LGBTQ+ MATERIALS, PARTICIPATED IN SEMINARS, AND CAME TO DISCOVER LGBTQ+ HISTORY IN THE TWIN CITIES.


SCHOLARSHIP FUND - AS PART OF THE LOCAL COMMUNITY AND RECEIVING SUPPORT OVER THE MANY YEARS WE HAVE SERVICED THE COMMUNITY, IT IS OUR DUTY TO GIVE BACK TO OUR COMMUNITY AND TO CONTINUE TO EXPAND OUR MISSION. WE STARTED A SCHOLARSHIP FUND TO HELP ADDRESS ECONOMIC DISPARITIES IN THE LGBTQ+ COMMUNITY WHO WERE SEEKING OR ALREADY ATTENDING COLLEGE. STARTING IN 2019, THE LIBRARY HAS AWARDED A MINIMUM OF $1,000 EACH YEAR TO SCHOLARSHIP RECIPIENTS AFTER A REVIEW OF APPLICATIONS SUBMITTED.


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Financial Statements

Statement of Revenue
Federated campaigns$1,601
Membership dues$3,205
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$72,565
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$77,371
Total Program Service Revenue$15,160
Investment income $16,424
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $108,955

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Quatrefoil Library has recieved totaling $2,555.

Awarding OrganizationAmount
Hyde Family Charitable Fund

Buffalo, NY

PURPOSE: CHARITABLE

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$55
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$432,705
Earnings$54,169
Admin Expense$145
Net Contributions$9,733
Other Expense$9,111
Grants$1,250
Ending Balance$486,101

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