Madison Public Library Foundation Inc

Organization Overview

Madison Public Library Foundation Inc is located in Madison, WI. The organization was established in 1994. 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, Madison Public Library Foundation Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison 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 12/2022, Madison Public Library Foundation Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 8 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.

Since 2015, Madison Public Library Foundation Inc has awarded 28 individual grants totaling $7,089,957. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MOBILIZE THE MADISON COMMUNITY TO CONTINUOUSLY IMPROVE, PROMOTE, AND SUPPORT MADISON PUBLIC LIBRARY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BOOK FESTIVAL: THE FOUNDATION ORGANIZES AN ANNUAL BOOK FESTIVAL IN MADISON.


GRANTS AND LIBRARY PROGRAMMING: THE FOUNDATION PROVIDES GRANTS TO FUND LIBRARY PROGRAMS, SERVICES, COLLECTIONS, AND CAPITAL FACILITY IMPROVEMENTS. IT ALSO PRODUCES AND DISTRIBUTES QUARTERLY NEWSLETTERS, ASSISTS IN DEVELOPING LIBRARY PROGRAMS THAT THE FOUNDATION HELPS TO FUND, AND PUBLICIZES EDUCATIONAL PROGRAMS.


CAPITAL CAMPAIGN FOR LIBRARIES


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Board, Officers & Key Employees

Name (title)Compensation
Clefisch Heather
President
$0
Salman Tanya
Vice President
$0
Rodriquez Francesca
Secretary
$0
Bote Ron
Treasurer
$0
Phil Plourd
Asst Treasurer
$0
Browne Ryan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$174,621
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,567,327
Noncash contributions included in lines 1a–1f $32,106
Total Revenue from Contributions, Gifts, Grants & Similar$1,741,948
Total Program Service Revenue$0
Investment income $210,985
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$33,523
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,919,410

Grants Awarded

Over the last fiscal year, Madison Public Library Foundation Inc has awarded $1,009,044 in support to 3 organizations.

Grant RecipientAmount

MADISON PUBLIC LIBRARY

PURPOSE: BOARD DESIGNATED GRANTS

$420,423

MADISON PUBLIC LIBRARY

PURPOSE: VARIOUS GRANTS FOR NEIGHBORHOOD LIBRARIES

$481,122

MADISON PUBLIC LIBRARY

PURPOSE: DREAM BUS

$107,499
View Grant Profile

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