Problem Library Inc
- Assets
- $68.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 82-3793366
Organization Overview
Problem Library Inc is located in San Francisco, CA. The organization was established in 2019. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Problem Library 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 12/2023, Problem Library Inc generated $98.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $64.5k during the year ending 12/2023. While expenses have increased by 10.4% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROBLEM LIBRARY (USES ITS HOME SPACE IN SAN FRANCISCO TO SUPPORT COMMUNITY EVENTS AND PROJECTS IN EDUCATION AND THE ARTS.)PROBLEM CHILDREN (OUR FLAGSHIP EDUCATION PROGRAM FOR AMBITIOUS CREATIVE HIGH SCHOOL STUDENTS THAT RUNS A SUMMER AND FALL PROGRAM)[WORKING] (WORKS WITH REAL ESTATE OWNERS TO TRANSFORM VACANT SPACE INTO VIBRANT SPACES FOR ARTISTS IN SAN FRANCISCO.)IN 2023, PROBLEM LIBRARY RAN ANOTHER COHORT OF 6 NEW STUDENTS IN OUR SUMMER EDUCATION PROGRAM FOR AMBITIOUS CREATIVE HIGH SCHOOL STUDENTS. WE ALSO RAN A FREE SPRING PROGRAM FOR PROGRAM ALUMNI. IN ADDITION PROBLEM LIBRARY LAUNCHED A NEW EDUCATION SERIES CALLED "TOO MUCH INFORMATION", A TWO DAY SYMPOSIUM OF EDUCATIONAL TALKS, ACTIVITIES AND FILM SCREENINGS. THROUGH OUR ART PROGRAM WE WORKED WITH TWO PROPERTY OWNERSHIP COMPANIES TO NEGOTIATE FREE RETAIL SPACE FOR A COMMUNITY ART GALLERY TO CONTINUE TO OPERATE IN OAKLAND CALIFORNIA AND PLACED A SCULPTOR IN A FREE STUDIO SPACE IN THE SOMA NEIGHBORHOOD OF SAN FRANCISCO. IN ADDITION TO OUR PRIMARY PROGRAM WE HOSTED A NUMBER OF COMMUNITY EVENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grayson Stebbins President | 5 | $0 | |
Daniel Lucas Guimaraes Board Member | 40 | $0 | |
Sharon Sheehan Secretary | 4 | $0 | |
Blake Conway Ex. Dir./treas. | 40 | $0 | |
Jeff Masamori Asst. Ed. Dir. | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,646 |
| Total Program Service Revenue | $15,622 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $47 |
| Total Revenue | $98,315 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,025 |
| Occupancy, rent, utilities, and maintenance | $35,341 |
| Printing, publications, postage, and shipping | $268 |
| Other expenses | $19,911 |
| Total expenses | $64,545 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,526 |
| Other assets | $0 |
| Total assets | $68,376 |
| Total liabilities | $14,904 |
| Net assets or fund balances | $53,472 |