Form 990 for tax year 2023
Filed by IOWA CITY PUBLIC LIBRARY FRIENDS FOUNDATION.
Totals
- Total revenue
- $837,319
- Total expenses
- $388,993
- Contributions and grants received
- $749,856
- Grants paid
- $352,188
- Program service revenue
- $0
- Investment income
- $53,505
- Other revenue
- $33,958
- Total assets, end of year
- $2,832,289
- Total liabilities, end of year
- $288,360
- Net assets or fund balances, end of year
- $2,543,929
- Program services expenses (Part IX)
- $352,188
- Management and general expenses
- $12,024
- Fundraising expenses
- $24,781
- Program service expenses (Part III)
- $352,188
Program services were 90.5% 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.
-
1c · Fundraising events
$34,257
-
1e · Government grants (contributions)
$10,250
-
1f · All other contributions, gifts and grants
$705,349
-
3 · Investment income
total $53,505 · excluded $53,505
-
8a · Fundraising events: gross income
$8,819
-
8a · Fundraising events: contributions included on line 1c
$34,257
-
8b · Fundraising events: direct expenses
$6,234
-
8c · Net income from fundraising events
total $2,585 · excluded $2,585
-
10a · Gross sales of inventory
$31,373
-
10c · Net income from sales of inventory
total $31,373 · excluded $31,373
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $352,188 · program services $352,188
-
11c · Fees: accounting
total $2,580 · management and general $2,580
-
11f · Fees: investment management
total $8,087 · fundraising $8,087
-
11g · Fees: other
total $3,224 · management and general $3,224
-
12 · Advertising and promotion
total $6,509 · fundraising $6,509
-
13 · Office expenses
total $11,022 · management and general $837 · fundraising $10,185
-
14 · Information technology
total $2,919 · management and general $2,919
-
19 · Conferences, conventions and meetings
total $411 · management and general $411
-
23 · Insurance
total $2,053 · management and general $2,053
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $18,962 · end of year $148,137
-
2 · Savings and temporary cash investments
beginning of year $130,609 · end of year $474,954
-
11 · Investments: publicly traded securities
beginning of year $1,751,786 · end of year $1,920,838
-
15 · Other assets
beginning of year $278,253 · end of year $288,360
-
25 · Other liabilities
beginning of year $278,253 · end of year $288,360
-
27 · Net assets without donor restrictions
beginning of year $577,687 · end of year $1,091,931
-
28 · Net assets with donor restrictions
beginning of year $1,323,670 · end of year $1,451,998
Mission and programs · 2023
Mission
THE MISSION OF THE IOWA CITY PUBLIC LIBRARY FRIENDS FOUNDATION IS TO STRENGTHEN THE IOWA CITY PUBLIC LIBRARY THROUGH FUNDRAISING, ADVOCACY, AND PROMOTION OF ITS VALUABLE RESOURCES.
-
AN UNRESTRICTED AND UNDESIGNATED GIFT TO THE IOWA CITY PUBLIC LIBRARY FOR ITS USE TO PURCHASE BOOKS AND OTHER MATERIALS FOR THE LIBRARY'S COLLECTIONS.
Expenses $117,500 · Grants $117,500
-
PASS-THROUGH GIFTS FOR THE IOWA CITY PUBLIC LIBRARY WERE RECEIVED BY THE FRIENDS FOUNDATION AND SUBSEQUENTLY PASSED ON TO THE LIBRARY.
Expenses $19,715 · Grants $19,715
-
ORGANIZATION REFUNDS THE PUBLIC LIBRARY FOR A PORTION OF THE FOUNDATION'S SALARIES AND BENEFITS.
Expenses $214,973 · Grants $214,973
As filed on the 2023 return.
Listed in Part VII
-
Amy BestAMY BEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug BrennerDOUG BRENNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sue BryantSUE BRYANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maeve ClarkMAEVE CLARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth DeningerELIZABETH DENINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erin DoughertyERIN DOUGHERTY
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Erin ElginERIN ELGIN
PRESIDENT EL
- Total calculated
- $0
- Hours/week
- 2
-
Marc FalkMARC FALK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bridget FeaglerBRIDGET FEAGLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Bill FurlongBILL FURLONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary GalluzzoGARY GALLUZZO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill GardamBILL GARDAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dj JohnkDJ JOHNK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris LoftusCHRIS LOFTUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicki MaurusNICKI MAURUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barb McFaddenBARB MCFADDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny OlsonJENNY OLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John RaeburnJOHN RAEBURN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Trinity RayTRINITY RAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny ThomasJENNY THOMAS
TREASURER
- 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
-
IOWA CITY PUBLIC LIBRARY
$214,973
PAYROLL EXPENSES
-
IOWA CITY PUBLIC LIBRARY
$117,500
ANNUAL COMMITMENT
-
IOWA CITY PUBLIC LIBRARY
$19,715
PASS-THROUGH GIFTS
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.
-
IOWA CITY PUBLIC LIBRARY
501C3 · LIBRARY · IA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202443139349303649
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