Lawrence Public Library Foundation is located in Lawrence, KS. The organization was established in 1996. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawrence 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 12/2021, Lawrence Public Library Foundation generated $688.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $563.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SECURING GIFTS FROM THE COMMUNITY TO STRENGTHEN AND SUPPLEMENT THE PUBLIC'S INVESTMENT IN THE LIBRARY. LAWRENCE PUBLIC LIBRARY FRIENDS & FOUNDATION SUPPORTS THE IMMEDIATE AND LONG-TERM NEEDS OF THE LIBRARY THROUGH FINANCIAL SUPPORT, VOLUNTEER SERVICE, AND ADVOCACY.
Describe the Organization's Program Activity:
PROVIDING FUNDS TO ENHANCE THE COLLECTIONS AND PROGRAMS OF THE PUBLIC LIBRARY OF THE CITY OF LAWRENCE, KANSAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Penzler Chairman | OfficerTrustee | 2 | $0 |
Mary Burchill Chairman | OfficerTrustee | 2 | $0 |
Jane Medina Secretary | OfficerTrustee | 2 | $0 |
Joan Golden Treasurer | OfficerTrustee | 2 | $0 |
Kathleen Morgan Executive Dir. | Officer | 40 | $0 |
Kassie Nieters Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $65,438 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $353,264 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $418,702 |
Total Program Service Revenue | $0 |
Investment income | $135,893 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$15,252 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $149,228 |
Miscellaneous Revenue | $0 |
Total Revenue | $688,571 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $435,621 |
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 | $101,898 |
Fees for services: Legal | $217 |
Fees for services: Accounting | $2,790 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,582 |
Advertising and promotion | $0 |
Office expenses | $2,852 |
Information technology | $1,008 |
Royalties | $0 |
Occupancy | $600 |
Travel | $1,396 |
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 | $964 |
All other expenses | $0 |
Total functional expenses | $563,340 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $486,549 |
Savings and temporary cash investments | $3,226,424 |
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 | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,712,973 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $3,712,973 |
Net assets with donor restrictions | $0 |
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 | $3,712,973 |
Over the last fiscal year, we have identified 5 grants that Lawrence Public Library Foundation has recieved totaling $248,192.
Awarding Organization | Amount |
---|---|
Douglas County Community Foundation Lawrence, KS PURPOSE: GENERAL SUPPORT | $217,691 |
Douglas County Community Foundation Lawrence, KS PURPOSE: EDUCATIONAL | $15,408 |
Bnsf Foundation Fort Worth, TX PURPOSE: EDUCATION | $10,000 |
H Neil Mecaskey Jr Foundation Inc Lawrence, KS PURPOSE: SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $93 |
Organization Name | Assets | Revenue |
---|---|---|
Christian Community Foundation Inc Colorado Springs, CO | $497,894,733 | $194,166,172 |
Community First Foundation Arvada, CO | $565,776,459 | $151,756,882 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Jewish Community Foundation Of Greater Kansas City Overland Park, KS | $291,884,746 | $15,071,209 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
Greater Salina Community Foundation Salina, KS | $322,187,245 | $17,442,186 |