City Of Omaha Public Library Foundation is located in Omaha, NE. The organization was established in 1986. 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 12/2022, City Of Omaha Public Library Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Omaha 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 12/2022, City Of Omaha Public Library Foundation generated $303.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $907.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. 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 MISSION OF THE CITY OF OMAHA PUBLIC LIBRARY FOUNDATION IS TO REAID FUNDS AND ADVOCATE FOR THE OMAHA PUBLIC LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE CITY OF OMAHA PUBLIC LIBRARY FOUNDATION IS TO RAISE FUNDS AND ADVOCATE FOR THE OMAHA PUBLIC LIBRARY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katie Bruno President | OfficerTrustee | 4 | $0 |
Mary O'donohue Vice President | OfficerTrustee | 4 | $0 |
Mark Mcmillan Secretary | OfficerTrustee | 4 | $0 |
Nithya Paul Treasurer | OfficerTrustee | 4 | $0 |
Jo Giles Director | Trustee | 2 | $0 |
Traci Hancock Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $152,870 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $741,519 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $894,389 |
Total Program Service Revenue | $0 |
Investment income | -$590,979 |
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 | $303,410 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $556,447 |
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. | $101,000 |
Compensation of current officers, directors, key employees. | $15,150 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $60,139 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,249 |
Payroll taxes | $17,539 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,506 |
Fees for services: Accounting | $15,055 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $22 |
Fees for services: Other | $0 |
Advertising and promotion | $19,965 |
Office expenses | $15,604 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,600 |
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 | $2,299 |
All other expenses | $0 |
Total functional expenses | $907,561 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,018,062 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $58,331 |
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 | $13,421 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $3,828,585 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,918,399 |
Accounts payable and accrued expenses | $276,355 |
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 | $276,355 |
Net assets without donor restrictions | $3,366,137 |
Net assets with donor restrictions | $1,275,907 |
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 | $4,918,399 |