Santa Clara City Library Foundation And Friends
- Assets
- $487.5k
- Revenue
- $246.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Santa Clara, CA
- Founding
- 06/2001
- Data as of
- 06/2024
- EIN
- 91-2125234
Organization Overview
Santa Clara City Library Foundation And Friends is located in Santa Clara, CA. The organization was established in 2001. 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 06/2024, Santa Clara City Library Foundation And Friends employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Clara City Library Foundation And Friends 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, Santa Clara City Library Foundation And Friends generated $246.6k 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 (6.8%) each year. All expenses for the organization totaled $341.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
THE SANTA CLARA CITY LIBRARY FOUNDATION & FRIENDS IS A NONPROFIT ORGANIZATION DEDICATED TO SUPPLEMENTING PUBLIC FUNDING TO EXPAND AND ENHANCE THE LIBRARY'S PROGRAMS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTAGUE PARK: IN 2023, SANTA CLARA CITY LIBRARY STAFF SAW A PRESSING NEED TO REACH OUT TO AN UNDERSERVED COMMUNITY LIVING IN NORTHERN SANTA CLARA, SPECIFICALLY ON LAFAYETTE AND HAIG STREETS. THIS MARGINALIZED POCKET OF OUR CITY LACKS ACCESS TO GROCERY STORES, PARKING, AND RECREATIONAL FACILITIES. THE AVERAGE INCOME IN THIS AREA IS MUCH LOWER THAN THE POVERTY LEVEL FOR SANTA CLARA COUNTY. THE LIBRARY INTENDED TO CONNECT THIS POPULATION WITH COMMUNITY PARTNERS AND PROVIDE ACCESS TO FREE AND LIFE-ALTERING RESOURCES AT EVENTS HOSTED AT MONTAGUE PARK, WHICH IS ONLY A TEN-MINUTE WALK FROM THE TARGETED POPULATION.WITH FUNDING FROM THE CALIFORNIA STATE LIBRARYS LSTA INSPIRATION GRANT, WE HOSTED FIVE COMMUNITY EVENTS THAT PROVIDED OPPORTUNITIES FOR ACADEMIC, CULTURAL, NUTRITIONAL AND STEAM EDUCATION. THESE EVENTS WERE CO-DESIGNED DIRECTLY BY THE COMMUNITY THROUGH COMMUNITY MEETINGS, SURVEYS, AND CONVERSATIONS. THIS PROJECT, WHICH RAN FROM OCTOBER OF 2023 THROUGH JULY OF 2024, INTRODUCED RESIDENTS TO A NEW COMMUNAL SPACE AND CREATED NEW BRIDGES TO THE LIBRARY, PARKS AND RECREATION, AND OUR COMMUNITY PARTNERS.SUMMER ADVENTURE: OUR SUMMER READING PROGRAM FOR ALL AGES WAS A BIG SUCCESS. WE SERVED OVER 9,000 KIDS, TEENS AND ADULTS JUNE AUGUST. ABOUT 3,100 INDIVIDUALS REGISTERED TO PARTICIPATE IN THE PROGRAM WHICH ENCOURAGES READING AND OUTDOOR ACTIVITIES. ANOTHER 6,000 COMMUNITY MEMBERS ATTENDED FAMILY-FRIENDLY CONCERTS, PRESENTATIONS AND OTHER PERFORMANCES.LUNCH AT THE LIBRARY: THIS PROGRAM BROUGHT THE BOOKMOBILE AND 12 PROGRAMS AND PERFORMANCES TO SEVEN SCHOOL LOCATIONS. OVER 1,600 STUDENTS ATTENDED PROGRAMS INCLUDING: PUPPET SHOWS, MAGIC SHOWS, STORY TIMES AND SCIENCE SHOWS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Davis Executive Dir. | Officer | 35 | $95,968 |
Steve Ricossa President | OfficerTrustee | 8 | $0 |
Kathy Betts Vice President | OfficerTrustee | 4 | $0 |
Ken Young Treasurer | OfficerTrustee | 8 | $0 |
Nancy Toledo Secretary | OfficerTrustee | 4 | $0 |
Andrew Knaack Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $119,143 |
| Noncash contributions included in lines 1a–1f | $14,045 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,293 |
| Total Program Service Revenue | $66,174 |
| Investment income | $9,816 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,862 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $246,620 |
| 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. | $103,376 |
| Compensation of current officers, directors, key employees. | $28,946 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,369 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,546 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,536 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,098 |
| Advertising and promotion | $24,120 |
| Office expenses | $4,052 |
| Information technology | $7,801 |
| 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 | $442 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,822 |
| All other expenses | $1,419 |
| Total functional expenses | $341,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,588 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,731 |
| 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 | $4,905 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $387,315 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,000 |
| Total assets | $487,539 |
| Accounts payable and accrued expenses | $12,893 |
| 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 | $1,000 |
| Total liabilities | $13,893 |
| Net assets without donor restrictions | $278,410 |
| Net assets with donor restrictions | $195,236 |
| 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 | $487,539 |