California State Library Foundation
- Assets
- $9.0m
- Revenue
- $600.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Sacramento, CA
- Founding
- 05/1982
- Data as of
- 12/2023
- EIN
- 94-2787115
Organization Overview
California State Library Foundation is located in Sacramento, CA. The organization was established in 1982. 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, California State Library Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California State 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, California State Library Foundation generated $600.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $483.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR CALIFORNIA STATE LIBRARY PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PURCHASED COLLECTIONS AND SUPPLIES, SUCH AS LIBRARY CARTS, FOR SUTRO LIBRARY AND OTHER STATE LIBRARY DEPARTMENTS.
THE BRAILLE AND TALKING BOOK LIBRARY USES THE DONATIONS GIVEN TO THE FOUNDATION TO ENHANCE THE LIBRARY SERVICES FOR CALIFORNIANS UNABLE TO READ STANDARD PRINT. WE UPDATED OUR WEBSITE TO IMPROVE USER EXPERIENCE AND INCREASE DONATIONS FOR ALL SERVICES AND PROGRAMS. WE SPONSORED EDUCATIONAL EVENT: SACRAMENTO SPEAKER SERIES, TO PROMOTE THE CALIFORNIA STATE LIBRARY AND CALIFORNIA STATE LIBRARY FOUNDATION.
CALIFORNIA RESEARCH BUREAU'S HOMELESS YOUTH PROJECT - WE INFORMED STATE AND LOCAL POLICY MAKERS ABOUT ISSUES CRITICAL TO THE HEALTH AND WELL-BEING OF HOMELESS AND RUNAWAY YOUTH. HELD POLICY EVENTS AND PUBLISHED POLICY RESEARCH REPORTS ON ISSUES CRITICAL TO THE HEALTH AND WELL-BEING OF HOMELESS AND RUNAWAY YOUTH.
OUR QUARTERLY PUBLICATION, BULLETIN, FEATURES INFORMATION ON NEW ITEMS IN THE CALIFORNIA STATE LIBRARY COLLECTION, ESSAYS BY NOTED AUTHORS AND STAFF, UPDATES ON SERVICES AND PROGRAMS, AND EXHIBITS SPONSORED BY THE FOUNDATION.
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 |
|---|---|---|---|
Kenneth B Noack Jr President | OfficerTrustee | 0.5 | $0 |
Marilyn Snider Vice President | OfficerTrustee | 0.5 | $0 |
Joe Peters Corp. Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Jennifer Basye Director | Trustee | 0.5 | $0 |
Gary Strong Director | Trustee | 0.5 | $0 |
Paul Luscher Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,889 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,554 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,443 |
| Total Program Service Revenue | $10,527 |
| Investment income | $195,959 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $260,211 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,099 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $600,007 |
| 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. | $103,374 |
| Compensation of current officers, directors, key employees. | $16,540 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,795 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,873 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $56,113 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $483,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,770 |
| Savings and temporary cash investments | $64,698 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,031 |
| 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 | $12,927 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,825,522 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,160 |
| Total assets | $9,002,108 |
| Accounts payable and accrued expenses | $46,129 |
| 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 | $49,192 |
| Total liabilities | $95,321 |
| Net assets without donor restrictions | $6,409,128 |
| Net assets with donor restrictions | $2,497,659 |
| 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 | $9,002,108 |
Grants Awarded
Over the last fiscal year, California State Library Foundation has awarded $25,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA AFRICAN AMERICAN GOLD RUSH ASSOCIATION PURPOSE: BOOK PROJECT GRANT | $7,500 |
CALIFORNIA COALITION FOR YOUTH PURPOSE: YOUTH DATA COLLECTION GRANT | $18,000 |