Phoenix Public Library Foundation
- Assets
- $810.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Phoenix, AZ
- Founding
- 11/1997
- Data as of
- 06/2021
- EIN
- 86-0835463
Organization Overview
Phoenix Public Library Foundation is located in Phoenix, AZ. The organization was established in 1997. 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 06/2021, Phoenix Public Library Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix 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 06/2021, Phoenix Public Library Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $504.2k during the year ending 06/2021. While expenses have increased by 6.9% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LIFELONG LEARNING BY PROVIDING FINANCIAL SUPPORT FOR THE LITERACY, EDUCATION AND CULTURE PROGRAMS OFFERED BY THE PHOENIX PUBLIC LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RESOURCES FOR READING PROGRAMS INCLUDING SUMMER READING AND WINTER READING PROGRAMS. ALSO SUPPORTED EARLY LITERACY OUTREACH SERVING MANY CHILDREN AND FAMILIES, KINDERGARTEN BOOTCAMP, LIBRARY STAFF DEVELOPMENT DAY, SAFE PLACE, TEEN STEM PROGRAMMING, COLLEGE DEPOT'S ON-LINE HIGH SCHOOL; AND PROVIDED EARLY LEARNING RESOURCES FOR HARMON LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Bushong Executive Director | Officer | 40 | $94,460 |
Dave Howell President | OfficerTrustee | 2 | $0 |
Nick Wanat Treasurer | OfficerTrustee | 2 | $0 |
Bill Allison Director | Trustee | 1 | $0 |
Louise Roman Director | Trustee | 1 | $0 |
Howard Meyers Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $85,193 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $990,097 |
| Noncash contributions included in lines 1a–1f | $21,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,075,290 |
| Total Program Service Revenue | $0 |
| Investment income | $1,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,099 |
| Net Income from Gaming Activities | $21,320 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,081,651 |
| 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. | $107,029 |
| Compensation of current officers, directors, key employees. | $36,793 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,087 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,348 |
| Payroll taxes | $9,643 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,091 |
| 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 | $1,680 |
| All other expenses | $1,367 |
| Total functional expenses | $504,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,280 |
| Savings and temporary cash investments | $0 |
| 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 | $820 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $129,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $810,320 |
| Accounts payable and accrued expenses | $32,249 |
| 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 | $32,249 |
| Net assets without donor restrictions | $139,801 |
| Net assets with donor restrictions | $638,270 |
| 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 | $810,320 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Phoenix Public Library Foundation has recieved totaling $445,548.
| Awarding Organization | Amount |
|---|---|
Nina Mason Pulliam Charitable Tr Indianapolis, IN PURPOSE: SUPPORT FOR THE REENGAGE PHOENIX AND CAREER ONLINE HIGH SCHOOL TO ALLOW INDIVIDUALS WHO DID NOT GRADUATE HIGH SCHOOL WITH THE OPPORTUNITY TO EARN THEIR HIGH SCHOOL DIPLOMA OR EQUIVALENT AND CONTINUE ON TO POSTSECONDARY EDUCATION. | $125,000 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ PURPOSE: SUPPORT NONPROFIT RECOVERY TO OFFSET COVID-19 CRISIS IMPACTS FOR THE COLLEGE DEPOT. | $100,000 |
Valley Of The Sun United Way Phoenix, AZ PURPOSE: Program Support | $80,000 |
Pharos Foundation Jackson, WY PURPOSE: GENERAL CHARITABLE SUPPORT | $50,000 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN PURPOSE: SUPPORT TO PROVIDE IN-DEPTH COLLEGE PLANNING SERVICES TARGETING LOW-INCOME AND WORKING-CLASS YOUTH AND ADULTS AND TO HELP OFFSET IMPACTS RELATED TO THE COVID-19 PANDEMIC. | $25,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $17,000 |
Endowment Analysis
| Beg. Balance | $5,156 |
| Ending Balance | $5,156 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
Colorado State University Foundation Fort Collins, CO | $706,044,439 | $163,322,590 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |