California State Library Foundation
- Assets
- $10.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Sacramento, CA
- Founding
- 05/1982
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, California State Library Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $415.2k during the year ending 12/2021. 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
PROVIDE SUPPORT FOR CALIFORNIA STATE LIBRARY PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASED COLLECTIONS FOR THE SUTRO LIBRARY AND OTHER STATE LIBRARY DEPARTMENTS
CALIFORNIA RESEARCH BUREAU'S HOMELESS YOUTH PROJECT - 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
FUNDED VARIOUS PROGRAMS OF THE BRAILLE & TALKING BOOK LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittneydawn Cook Executive Director | Trustee | 40 | $75,000 |
Kenneth B Noack Jr President | OfficerTrustee | 0.5 | $0 |
Marilyn Snider Vice President | OfficerTrustee | 0.5 | $0 |
Mike Ueltzen Treasurer | OfficerTrustee | 0.5 | $0 |
Susan Glass Director | Trustee | 0.5 | $0 |
Phil Isenberg Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,383 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,529 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,912 |
| Total Program Service Revenue | $0 |
| Investment income | $1,093,624 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,239,676 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,871 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $115,767 |
| Advertising and promotion | $0 |
| Office expenses | $66,359 |
| 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 | $4,652 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $415,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,861 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,668 |
| 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 | $9,011 |
| Net Land, buildings, and equipment | $9,304 |
| Investments—publicly traded securities | $10,470,250 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,569,094 |
| Accounts payable and accrued expenses | $64,464 |
| 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 | $64,464 |
| Net assets without donor restrictions | $7,777,769 |
| Net assets with donor restrictions | $2,726,861 |
| 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 | $10,569,094 |
Grants Awarded
Over the last fiscal year, California State Library Foundation has awarded $45,748 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA STATE LIBRARY PURPOSE: Room 500 Upgrade | $32,429 |
San Francisco, CA PURPOSE: General support | $13,319 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that California State Library Foundation has recieved totaling $74.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Endowment Analysis
| Beg. Balance | $1,336,755 |
| Earnings | $120,215 |
| Admin Expense | $22,916 |
| Ending Balance | $1,434,054 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
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 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |