Seattle Public Library Foundation is located in Seattle, WA. The organization was established in 1981. 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 12/2023, Seattle Public Library Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle 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 12/2023, Seattle Public Library Foundation generated $13.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $7.4m during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 9 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 2016, Seattle Public Library Foundation has awarded 27 individual grants totaling $29,527,361. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRE THE COMMUNITY'S PHILANTHROPIC SUPPORT, ADVOCACY FOR, AND PRIDE IN THE LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SEATTLE PUBLIC LIBRARY FOUNDATION REPRESENTED MORE THAN 7,700 DONORS IN 2023 WHO DECLARE THROUGH THEIR GENEROUS CONTRIBUTIONS THAT THE LIBRARY IS A TREASURE IN OUR COMMUNITY. DONORS' COLLECTIVE INVESTMENTS ENHANCE THE LIBRARY ABOVE AND BEYOND WHAT PUBLIC FUNDING PROVIDES. THE FOUNDATION SUPPORTS EXPANDING THE LIBRARY'S COLLECTIONS, PROVIDING MORE THAN 45 FREE, EQUITY-BASED PROGRAMS AT LIBRARY BRANCHES, AND SERVICES TO HELP EVERYONE CONNECT TO RESOURCES THAT WILL BETTER THEIR LIVES. PRIVATE SUPPORT ALSO STRENGTHENS THE LIBRARY'S CAPACITY TO INNOVATE AND ADAPT TO CHANGE AND ALLOWS THE LIBRARY TO EXPERIMENT, EVALUATE THE RESULTS, AND INVEST RESOURCES IN AREAS THAT HAVE THE GREATEST IMPACT IN CREATING AN EQUITABLE SOCIETY WHERE ALL SEATTLE RESIDENTS CAN THRIVE.IN 2023, THE FOUNDATION PROVIDED MORE THAN $5.8 MILLION IN GRANTS AND DIRECT PROGRAM SUPPORT, OF WHICH OVER $5.1 MILLION WAS IN CASH GRANTS AND SUPPORT TO THE SEATTLE PUBLIC LIBRARY. THESE GRANTS SUPPORT SIX PATRON SERVICE PRIORITIES: COLLECTIONS AND RESOURCES; YOUTH AND FAMILY LEARNING, COMMUNITY ENGAGEMENT; TECHNOLOGY AND ACCESS; REIMAGINED SPACES; AND SEATTLE CULTURE AND HISTORY. ADDITIONALLY, THE FOUNDATION SUPPORTS LIBRARY TRAINING, STAFF DEVELOPMENT, AND STRATEGIC INITIATIVES TO HELP KEEP THE LIBRARY A LEADER IN ITS FIELD.THE LARGEST CASH GRANT, OVER $1.9 MILLION, SUPPORTED THE LIBRARY'S COLLECTIONS AND RESOURCES. THESE FUNDS ALLOWED THE LIBRARY TO PURCHASE BOOKS, E-BOOKS, AUDIOBOOKS, DVDS, AND MUSIC FOR ALL AGES, AS WELL AS BOOKS AND MATERIALS FOR NUMEROUS LIBRARY PROGRAMS. CURRENTLY, ONE IN EVERY THREE NEW ITEMS AVAILABLE THROUGH THE LIBRARY IS PURCHASED WITH FOUNDATION FUNDS. A GRANT OF OVER $706,000 SUPPORTED VARIOUS COMMUNITY ENGAGEMENT PROGRAMS, INCLUDING MOBILE SERVICES TO REACH OLDER ADULTS, PRESCHOOL STUDENTS, AND OTHER PATRONS WITH BARRIERS TO VISITING BRANCHES, AND CIVIC ENGAGEMENT AND ART PROGRAMS TO ENGAGE NONTRADITIONAL LIBRARY AUDIENCES. GRANTS OF OVER $718,000 IN THE TECHNOLOGY AND ACCESS ARENA SUPPORTED UPGRADED TECHNOLOGY, IMPROVED ACCESS TO LIBRARY RESOURCES FOR TRADITIONALLY UNDERSERVED COMMUNITIES, AND DIGITAL MEDIA LEARNING PROGRAMS.THE FOUNDATION ALSO SUPPORTED THE LIBRARY'S SPECIAL PROGRAMS FOR YOUTH AND FAMILIES, GIVING OVER $744,000 IN GRANT FUNDS TO SPONSOR PROGRAMS SUCH AS SUMMER OF LEARNING, HOMEWORK HELP, RAISING A READER, THE GLOBAL READING CHALLENGE, AND OTHER INITIATIVES TO HELP CHILDREN SUCCEED IN SCHOOL.THE FOUNDATION ALSO SUPPORTED THE LIBRARY'S EFFORTS TO REIMAGINE ITS SPACES TO BETTER SERVE GROWING POPULATIONS WITH GRANTS TOTALING OVER $736,000 IN 2023. GRANTS TOTALING OVER $244,000 WERE PROVIDED FOR SPECIALIZED STAFF TRAINING, STRATEGIC SUPPORT, AND SEATTLE CULTURE AND HISTORY.THE FOUNDATION ADVOCATES FOR MORE SUPPORT FOR PUBLIC LIBRARIES THROUGH THE PUBLIC LIBRARY ACTION NETWORK, A GRASSROOTS SYSTEM FOR SUPPORTERS TO CONTACT ELECTED OFFICIALS IN SUPPORT OF INCREASED FUNDING FOR THE LIBRARY AT THE LOCAL, STATE, AND FEDERAL LEVELS. IN 2022, THE FOUNDATION LAUNCHED THE LIBRARY SUPPORT NETWORK (LSN) AS A MODEL FOR PUBLIC LIBRARY FUNDRAISING AND ADVOCACY ACROSS NORTH AMERICA TO COMMUNICATE, ENGAGE, AND COLLABORATE FOR PEER SUPPORT, INFORMATION SHARING, AND DEEP LEARNING OPPORTUNITIES.THE LSN WAS ENVISIONED TO HELP DEVELOP AND AMPLIFY PUBLIC LIBRARY FUNDRAISING AND ADVOCACY WORK. IT IS BUILT ON THE CONCEPT OF CREATING A NETWORK FOR PEER-TO-PEER SHARING AND INITIATIVES FOR COLLECTIVE IMPACT THAT RESULT IN OUR PUBLIC LIBRARIES BEING BETTER ABLE TO SUPPORT THE EVER-CHANGING NEEDS OF THE COMMUNITIES THEY SERVE. IT ALSO MAKES RESOURCES AVAILABLE TO MANY SMALL AND RURAL LIBRARIES WHICH ARE OFTEN ONLY AVAILABLE TO LARGER ORGANIZATIONS THROUGH FUNDRAISING ASSOCIATION MEMBERSHIPS AND RELATED CONFERENCES. AND IT WILL FACILITATE ELEVATING MORE RACIAL DIVERSITY AND SUPPORT ACTIVE RECRUITMENT FOR SECTOR LEADERSHIP. TOTAL OTHER PROGRAM AND ADVOCACY SUPPORT WAS $938,000 IN 2023.IN THE PAST 20 YEARS, THE FOUNDATION HAS HELPED SECURE $572 MILLION IN PUBLIC FUNDING THROUGH THE CITY BUDGET AND LEVY MEASURES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justo Gonzalez President | OfficerTrustee | 5 | $0 |
Sarah Stanley Vice President | OfficerTrustee | 5 | $0 |
Tyler Preston Mickey Treasurer | OfficerTrustee | 2 | $0 |
Jon Jurich Secretary | OfficerTrustee | 2 | $0 |
Cat Arnold Director | Trustee | 1 | $0 |
Stephanie Axelrod Director | Trustee | 1 | $0 |
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 | $7,741,029 |
Noncash contributions included in lines 1a–1f | $2,462,033 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,741,029 |
Total Program Service Revenue | $0 |
Investment income | $2,016,733 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,316,677 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,074,439 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,309,232 |
Grants and other assistance to domestic individuals. | $10,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $656,891 |
Compensation of current officers, directors, key employees. | $256,041 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $572,691 |
Pension plan accruals and contributions | $30,727 |
Other employee benefits | $112,756 |
Payroll taxes | $86,981 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,357 |
Fees for services: Accounting | $33,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $159,502 |
Fees for services: Other | $97,285 |
Advertising and promotion | $890 |
Office expenses | $147,600 |
Information technology | $83,186 |
Royalties | $0 |
Occupancy | $3,340 |
Travel | $16,408 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,616 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,404 |
Insurance | $17,879 |
All other expenses | $1,486 |
Total functional expenses | $7,408,420 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,247,533 |
Savings and temporary cash investments | $18,166 |
Pledges and grants receivable | $398,429 |
Accounts receivable, net | $121,939 |
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 | $7,587 |
Net Land, buildings, and equipment | $10,121 |
Investments—publicly traded securities | $86,791,202 |
Investments—other securities | $4,164,025 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $93,759,002 |
Accounts payable and accrued expenses | $281,007 |
Grants payable | $1,972,812 |
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 | $2,253,819 |
Net assets without donor restrictions | $29,271,053 |
Net assets with donor restrictions | $62,234,130 |
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 | $93,759,002 |
Over the last fiscal year, Seattle Public Library Foundation has awarded $5,309,232 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
SEATTLE PUBLIC LIBRARY PURPOSE: SUPPORT LIBRARY'S PATRON SERVICE PRIORITIES | $5,198,232 |
EVERYLIBRARY PURPOSE: LIBRARY LOBBYING SUPPORT | $11,000 |
YES SEATTLE LIBRARIES PURPOSE: LIBRARY LOBBYING SUPPORT | $100,000 |