Form 990 for tax year 2023

Totals

Total revenue

$1,531,667

Total expenses

$1,482,195

Contributions and grants received

$1,503,725

Grants paid

$0

Program service revenue

$0

Investment income

$22,141

Other revenue

$5,801

Total assets, end of year

$1,316,335

Total liabilities, end of year

$469,370

Net assets or fund balances, end of year

$846,965

Program services expenses (Part IX)

$1,182,898

Management and general expenses

$299,297

Fundraising expenses

$0

Program service expenses (Part III)

$1,182,898

Program services were 79.8% 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.

Mission and programs · 2023

• EFFECTIVE OCTOBER 1, 2023, BLC ENTERED INTO AN AGREEMENT WITH THE PROJECT RESHARE STEERING COMMITTEE TO BE THE FISCAL SPONSOR OF PROJECT RESHARE. PROJECT RESHARE IS A COLLABORATIVE EFFORT AMONG LIBRARIES, CONSORTIA, INFORMATIVE ORGANIZATIONS AND DEVELOPERS TO BUILD A USER-CENTERED, APP-BASED, COMMUNITY-OWNED RESOURCE SHARING PLATFORM. BLC'S BOARD OF DIRECTORS HAS FULL GOVERNING AUTHORITY OVER PROJECT RESHARE.

  Expenses $251,200 · Revenue $326,055

• PROFESSIONAL DEVELOPEMENT - BLC OFFERS REGULAR WEBINARS AND WORKSHOPS DESIGNED TO FACILITATE SHARING EXPERTISE, HIGHLIGHTING THE WORK OF LIBRARIANS AND LIBRARY STAFF ACROSS THE BLC MEMBER INSTITUTIONS. BLC COORDINATES THE ACTIVITIES OF MORE THAN 20 MEMBERSHIP COMMUNITIES ACROSS A WIDE RANGE OF LIBRARY PRACTICE AREAS. BLC COMMUNITIES INCLUDE REPRESENTATION FROM ACROSS THE BLC MEMBERSHIP AND RANGE FROM GROUPS FOCUSED PRIMARILY ON NETWORKING AND SHARING EXPERIENCES WITH COLLEAGUES TO THOSE THAT ARE INVOLVED IN A SPECIFIC INITIATIVE OR PROJECT. BLC ALSO MANAGES A SIGNATURE LEADERSHIP DEVELOPMENT PROGRAM, BLC LEADS. BLC LEADS BUILDS SHARED KNOWLEDGE THROUGH COLLABORATIVE INQUIRY AROUND A SERIES OF FOUNDATIONAL LEADERSHIP COMPETENCIES AND QUESTIONS EXPLORED IN WEEKLY VIRTUAL ACTIVITIES AND FOUR IN-PERSON EXPERIENCES OVER THE COURSE OF SIX MONTHS.

  Expenses $258,766 · Revenue $276,295

• RESOURCE SHARING - BLC WAS FOUNDED UPON A SHARED COMMITMENT TO PROMOTE COOPERATION IN MAKING RESOURCES MORE READILY AVAILABLE. TODAY, THE BLC REMAINS COMMITTED TO FACILITATING HIGH-QUALITY AND COST-EFFECTIVE SHARING OF PRINT AND DIGITAL CONTENT THROUGH ITS RESOURCE SHARING PROGRAMS, INCLUDING INTERLIBRARY LOAN AND CONTROLLED DIGITAL LENDING. BLC MAINTAINS A GROUP SUBSCRIPTION TO RESOURCE SHARING TECHNOLOGIES ON BEHALF OF THE MEMBER INSTITUTIONS AND MANAGES A CONSORTIAL DELIVERY SERVICE TO FACILITATE PHYSICAL DELIVERY OF PRINT MATERIALS AMONG BLC'S NETWORK OF LIBRARIES. BLC'S HEADS OF RESOURCE SHARING COMMITTEE PROVIDES OVERSIGHT OF RESOURCE SHARING PROGRAMS.

  Expenses $366,244 · Revenue $398,815

• Expenses $306,688

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

21 January 2025

IRS schema version

2023v6.0

Source object

202540219349301629

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