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Nonprofiteer
← TOMPKINS COUNTY PUBLIC LIBRARY FOUNDATION INC

Form 990 for tax year 2022

Filed by TOMPKINS COUNTY PUBLIC LIBRARY FOUNDATION INC.

Totals

Total revenue
$337,678
Total expenses
$379,507
Contributions and grants received
$299,519
Grants paid
$150,104
Program service revenue
$0
Investment income
$35,822
Other revenue
$2,337
Total assets, end of year
$2,994,941
Total liabilities, end of year
$8,881
Net assets or fund balances, end of year
$2,986,060
Program services expenses (Part IX)
$183,022
Management and general expenses
$128,057
Fundraising expenses
$68,428
Program service expenses (Part III)
$183,022

Program services were 48.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $299,519

  • 3 · Investment income

    total $32,517 · excluded $32,517

  • 7a · Gross sales of assets other than inventory

    securities $323,645

  • 7b · Less cost or other basis and sales expenses

    securities $320,340

  • 7c · Gain or loss

    securities $3,305

  • 7d · Net gain or loss

    total $3,305 · excluded $3,305

  • 11a · Other revenue: MISCELLANEOUS

    total $2,337 · related or exempt $2,337

  • 11e · Other revenue, total

    $2,337

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $150,104 · program services $150,104

  • 6 · Compensation of disqualified persons

    total $72,436 · program services $17,011 · management and general $23,908 · fundraising $31,517

  • 7 · Other salaries and wages

    total $54,231 · program services $12,736 · management and general $17,899 · fundraising $23,596

  • 9 · Other employee benefits

    total $16,722 · program services $1,427 · management and general $12,651 · fundraising $2,644

  • 10 · Payroll taxes

    total $9,848 · program services $840 · management and general $7,451 · fundraising $1,557

  • 11c · Fees: accounting

    total $32,847 · program services $225 · management and general $30,822 · fundraising $1,800

  • 11f · Fees: investment management

    total $20,993 · management and general $20,993

  • 19 · Conferences, conventions and meetings

    total $5,061 · program services $1,328 · management and general $208 · fundraising $3,525

  • 22 · Depreciation, depletion and amortization

    total $1,395 · management and general $1,395

  • 23 · Insurance

    total $1,954 · management and general $1,954

  • 24a · Other expenses: PRINTING

    total $3,835 · program services $637 · management and general $510 · fundraising $2,688

  • 24b · Other expenses: BANK FEES

    total $2,707 · management and general $2,707

  • 24c · Other expenses: POSTAGE

    total $2,036 · program services $443 · management and general $706 · fundraising $887

  • 24d · Other expenses: STAFF DEVELOPMENT

    total $1,890 · management and general $1,890

  • 24e · All other expenses

    total $3,448 · program services -$1,729 · management and general $4,963 · fundraising $214

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $639,894 · end of year $681,185

  • 2 · Savings and temporary cash investments

    beginning of year $33,874 · end of year $24,835

  • 3 · Pledges and grants receivable

    beginning of year $43,069 · end of year $20,000

  • 4 · Accounts receivable

    beginning of year $47,324 · end of year $12,275

  • 10a · Land, buildings and equipment: cost or other basis

    $9,763

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,207

  • 10c · Land, buildings and equipment, net

    beginning of year $3,951 · end of year $2,556

  • 11 · Investments: publicly traded securities

    beginning of year $2,864,336 · end of year $2,254,090

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,520 · end of year $8,881

  • 27 · Net assets without donor restrictions

    beginning of year $2,374,218 · end of year $2,045,142

  • 28 · Net assets with donor restrictions

    beginning of year $1,247,710 · end of year $940,918

Mission and programs · 2022

Mission

THE FOUNDATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT AND BENEFITS TO THE TOMPKINS COUNTY PUBLIC LIBRARY, ENHANCING OPPORTUNITIES FOR THE LIBRARY'S CONTINUED GROWTH AND SERVICE TO THE ENTIRE COMMUNITY.

Activities or mission (Part I)

SEE BELOW.

  • THE FOUNDATION'S PURPOSE IS TO RAISE MONEY AND MANAGE INVESTMENTS FOR THE TOMPKINS COUNTY PUBLIC LIBRARY.

    Expenses $183,022 · Grants $150,104

As filed on the 2022 return.

Listed in Part VII

  • Dominick Recckio

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Laura Larson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Lisabeth Chabot

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Derek Burrows

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Steven Headrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Dale Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Megan Burke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Melissa Vanderhoof

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Susan Currie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Teresa Vadakin

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    3

  • Kerry Barnes

    EXECUTIVE DIRECTOR

    Total calculated
    $81,163
    From this org
    $72,436
    From related orgs
    $0
    Other
    $8,727
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
11 May 2023
IRS schema version
2022v5.0
Source object
202311319349301951

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