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Nonprofiteer
← BAINBRIDGE PUBLIC LIBRARY INC

Form 990 for tax year 2023

Filed by BAINBRIDGE PUBLIC LIBRARY INC.

Totals

Total revenue
$547,522
Total expenses
$359,847
Contributions and grants received
$381,304
Grants paid
$3,500
Program service revenue
$0
Investment income
$138,881
Other revenue
$27,337
Total assets, end of year
$7,335,954
Total liabilities, end of year
$9,936
Net assets or fund balances, end of year
$7,326,018
Program services expenses (Part IX)
$318,717
Management and general expenses
$18,508
Fundraising expenses
$22,622
Program service expenses (Part III)
$318,717

Program services were 88.6% 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

    $381,304

  • 3 · Investment income

    total $138,881 · excluded $138,881

  • 6a · Gross rents

    real property $122,005

  • 6b · Less rental expenses

    real property $97,033

  • 6c · Rental income or loss

    real property $24,972

  • 6d · Net rental income or loss

    total $24,972 · excluded $24,972

  • 11a · Other revenue: LIBRARY BOARDROOM RENT

    total $2,215 · excluded $2,215

  • 11b · Other revenue: MISCELLANEOUS REFUND

    total $150 · related or exempt $150

  • 11e · Other revenue, total

    $2,365

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $3,500 · program services $3,500

  • 11c · Fees: accounting

    total $18,300 · management and general $18,300

  • 11g · Fees: other

    total $3,258 · program services $3,088 · fundraising $170

  • 12 · Advertising and promotion

    total $1,540 · fundraising $1,540

  • 13 · Office expenses

    total $1,279 · program services $1,080 · fundraising $199

  • 14 · Information technology

    total $6,031 · fundraising $6,031

  • 16 · Occupancy

    total $33,211 · program services $33,211

  • 17 · Travel

    total $286 · program services $286

  • 22 · Depreciation, depletion and amortization

    total $164,720 · program services $164,720

  • 23 · Insurance

    total $3,114 · program services $3,114

  • 24a · Other expenses: REPAIR & MAINTENANCE

    total $101,546 · program services $101,546

  • 24b · Other expenses: ENTERTAINMENT

    total $9,212 · fundraising $9,212

  • 24c · Other expenses: MISCELLANEOUS

    total $6,773 · program services $3,858 · fundraising $2,915

  • 24d · Other expenses: POSTAGE AND MAILING

    total $2,899 · program services $344 · fundraising $2,555

  • 24e · All other expenses

    total $4,178 · program services $3,970 · management and general $208

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $134,647 · end of year $131,702

  • 2 · Savings and temporary cash investments

    beginning of year $122,446

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

    $5,829,105

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

    $3,034,276

  • 10c · Land, buildings and equipment, net

    beginning of year $2,899,068 · end of year $2,794,829

  • 12 · Investments: other securities

    beginning of year $2,018,763 · end of year $2,490,393

  • 15 · Other assets

    beginning of year $1,619,861 · end of year $1,919,030

  • 25 · Other liabilities

    beginning of year $9,936 · end of year $9,936

  • 27 · Net assets without donor restrictions

    beginning of year $5,775,437 · end of year $6,231,041

  • 28 · Net assets with donor restrictions

    beginning of year $1,009,412 · end of year $1,094,977

Mission and programs · 2023

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO ENSURE A VIBRANT COMMUNITY SPACE DEDICATED TO THE JOY OF READING, THE DISCOVERY OF IDEAS, AND THE POWER OF INFORMATION BY OWNING, OPERATING, AND MAINTAINING THE LIBRARY BUILDING AND GROUNDS.

Activities or mission (Part I)

THE ORGANIZATION'S MISSION IS TO ENSURE A VIBRANT COMMUNITY SPACE DEDICATED TO THE JOY OF READING, THE DISCOVERY OF IDEAS, AND THE POWER OF INFORMATION BY OWNING, OPERATING AND MAINTAINING THE LIBRARY BUILDING AND GROUNDS. THE FACILITIES WERE DONATED BY THE PEOPLE OF BAINBRIDGE ISLAND IN 1961 AND CONTINUE TO BE FUNDED BY CONTRIBUTIONS RAISED THROUGH EFFORTS OF THE BOARD OF DIRECTORS. THE LIBRARY IS OPERATED BY KITSAP REGIONAL LIBRARY, A SEPARATE INDEPENDENT ORGANIZATION, WHICH PROVIDES MATERIALS, STAFF, AND TECHNICAL AND ADMINISTRATIVE SUPPORT.

  • SEE SCHEDULE O

    Expenses $318,717 · Grants $3,500

  • IHLAND WAY BUILDINGS WERE MAINTAINED AND FULLY TENANTED.

    Revenue $122,205

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

Listed in Part VII

  • Jim Fox

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Katherine Bolles

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Charles Browne

    ARCHIVIST

    Total calculated
    $0
    Hours/week
    4

  • Merry Palmer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Walter Yund

    TREASURER

    Total calculated
    $0
    Hours/week
    7

  • Kip Bankhart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6

  • Denton Kiehle

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • James McKeever

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Rachelle Castleberry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Trese Williamson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • Judy Hartstone

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • IHLAND WAY LLC

    RENTAL INCOME AND FUTURE SITE FOR THE LIBRARY EXPANSION. · WA · income $24,972 · assets $516,064

    Directly controlled by BAINBRIDGE PUBLIC LIBRARY

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202403189349307965

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