Belvedere-Tiburon Library Foundation
- Assets
- $1.0m
- Revenue
- $299.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Belvedere, CA
- Founding
- 11/1996
- Data as of
- 06/2024
- EIN
- 68-0280522
Organization Overview
Belvedere-Tiburon Library Foundation is located in Belvedere, CA. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Belvedere-Tiburon 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 06/2024, Belvedere-Tiburon Library Foundation generated $299.1k 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 (11.5%) each year. All expenses for the organization totaled $534.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.2%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE BELVEDERE TIBURON LIBRARY THROUGH FUNDRAISING PROJECTS, PRIVATE PHILANTHROPY, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BELVEDERE TIBURON LIBRARY FOUNDATION COORDINATES CORNER BOOKS, A VOLUNTEER-RUN USED BOOK STORE WHICH RAISES NEEDED FUNDS FOR THE LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Churton President | OfficerTrustee | 15 | $0 |
Mickey Hubbell Vice President | OfficerTrustee | 10 | $0 |
Michelle Thomsen Secretary | OfficerTrustee | 10 | $0 |
Toni Lee Treasurer | OfficerTrustee | 10 | $0 |
Ann Aylwin Director | Trustee | 5 | $0 |
Aviva Boedecker Director | Trustee | 5 | $0 |
Financial Statements
| 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 | $207,444 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,444 |
| Total Program Service Revenue | $71,298 |
| Investment income | $6,139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,094 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $299,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $42,210 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,625 |
| Payroll taxes | $3,663 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,383 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,372 |
| Advertising and promotion | $0 |
| Office expenses | $1,721 |
| 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 | $4,152 |
| All other expenses | $31,087 |
| Total functional expenses | $534,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,218 |
| Savings and temporary cash investments | $243,637 |
| Pledges and grants receivable | $112,263 |
| 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 | $1,453 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $520,853 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,040,424 |
| Accounts payable and accrued expenses | $2,164 |
| 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 | $388,834 |
| Total liabilities | $390,998 |
| Net assets without donor restrictions | $388,229 |
| Net assets with donor restrictions | $261,197 |
| 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 | $1,040,424 |