Form 990 for tax year 2023
Filed by DENVER PUBLIC LIBRARY FRIENDS FOUNDATION.
Totals
- Total revenue
- $1,680,501
- Total expenses
- $1,971,165
- Contributions and grants received
- $1,285,756
- Grants paid
- $814,964
- Program service revenue
- $226,945
- Investment income
- $144,615
- Other revenue
- $23,185
- Total assets, end of year
- $10,994,066
- Total liabilities, end of year
- $213,690
- Net assets or fund balances, end of year
- $10,780,376
- Program services expenses (Part IX)
- $1,120,950
- Management and general expenses
- $291,474
- Fundraising expenses
- $558,741
- Program service expenses (Part III)
- $1,120,950
Program services were 56.9% 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.
-
1b · Membership dues
$155,933
-
1c · Fundraising events
$228,764
-
1f · All other contributions, gifts and grants
$901,059
-
1g · Noncash contributions included above
$15,063
-
2a · Program service revenue: BOOKSHOP SALES
total $226,945 · related or exempt $226,945
-
3 · Investment income
total $206,994 · related or exempt $206,994
-
7b · Less cost or other basis and sales expenses
securities $62,379
-
7c · Gain or loss
securities -$62,379
-
7d · Net gain or loss
total -$62,379 · related or exempt -$62,379
-
8a · Fundraising events: gross income
$170,394
-
8a · Fundraising events: contributions included on line 1c
$228,764
-
8b · Fundraising events: direct expenses
$170,394
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $23,185 · related or exempt $23,185
-
11e · Other revenue, total
$23,185
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $814,964 · program services $814,964
-
5 · Compensation of officers, directors and key employees
total $228,850 · program services $50,347 · management and general $45,770 · fundraising $132,733
-
7 · Other salaries and wages
total $491,966 · program services $122,836 · management and general $115,998 · fundraising $253,132
-
8 · Pension plan contributions
total $8,889 · program services $2,271 · management and general $1,748 · fundraising $4,870
-
9 · Other employee benefits
total $38,043 · program services $12,471 · management and general $13,440 · fundraising $12,132
-
10 · Payroll taxes
total $57,021 · program services $15,021 · management and general $11,820 · fundraising $30,180
-
11c · Fees: accounting
total $20,900 · management and general $20,900
-
11f · Fees: investment management
total $53,065 · management and general $53,065
-
11g · Fees: other
total $16,794 · program services $5,336 · management and general $6,827 · fundraising $4,631
-
12 · Advertising and promotion
total $43,460 · program services $141 · management and general $3,227 · fundraising $40,092
-
13 · Office expenses
total $11,895 · program services $8,109 · management and general $1,192 · fundraising $2,594
-
14 · Information technology
total $17,085 · management and general $381 · fundraising $16,704
-
17 · Travel
total $14,467 · program services $11,409 · management and general $2,295 · fundraising $763
-
19 · Conferences, conventions and meetings
total $40,019 · program services $1,580 · management and general $2,233 · fundraising $36,206
-
20 · Interest
total $37,583 · program services $37,583
-
22 · Depreciation, depletion and amortization
total $680 · management and general $680
-
23 · Insurance
total $3,181 · management and general $3,181
-
24a · Other expenses: MERCHANT FEES
total $52,529 · program services $38,882 · management and general $736 · fundraising $12,911
-
24b · Other expenses: FUNDRAISING
total $11,793 · fundraising $11,793
-
24c · Other expenses: MISCELLANEOUS
total $7,981 · management and general $7,981
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,326,149 · end of year $1,508,198
-
3 · Pledges and grants receivable
beginning of year $1,246,644 · end of year $633,278
-
4 · Accounts receivable
beginning of year $610,484 · end of year $132,353
-
10a · Land, buildings and equipment: cost or other basis
$47,250
-
10b · Land, buildings and equipment: accumulated depreciation
$46,400
-
10c · Land, buildings and equipment, net
beginning of year $1,531 · end of year $850
-
11 · Investments: publicly traded securities
beginning of year $8,091,632 · end of year $8,719,387
-
17 · Accounts payable and accrued expenses
beginning of year $50,761 · end of year $78,690
-
19 · Deferred revenue
beginning of year $15,000
-
23 · Secured mortgages and notes payable
beginning of year $1,260,000 · end of year $135,000
-
27 · Net assets without donor restrictions
beginning of year $1,813,233 · end of year $2,207,412
-
28 · Net assets with donor restrictions
beginning of year $8,137,446 · end of year $8,572,964
Mission and programs · 2023
Mission
THE DENVER PUBLIC LIBRARY FRIENDS FOUNDATION ENRICHES OUR COMMUNITY BY BUILDING SUPPORT AND RAISING MONEY TO EXPAND THE LIBRARY'S PROGRAMS AND SERVICES.
Activities or mission (Part I)
BUILDS SUPPORT AND RAISES MONEY TO EXPAND THE DENVER PUBLIC LIBRARY'S PROGRAMS AND SERVICES.
-
THE DENVER PUBLIC LIBRARY FRIENDS FOUNDATION IS ENRICHING THE COMMUNITY BY BUILDING SUPPORT AND RAISING MONEY TO ENHANCE DENVER PUBLIC LIBRARY'S PROGRAMS AND SERVICES. FUNDS DONATED TO THE FRIENDS FOUNDATION SUPPORT: RENOVATIONS AND IMPROVEMENTS TO LIBRARY BRANCHES; THE PURCHASE OF BOOKS, MATERIALS AND RESOURCES FOR CIRCULATION; PROGRAMMING FOR ALL AGES; THE DEVELOPMENT OF THE WESTERN HISTORY AND OTHER SPECIAL COLLECTIONS; AN EMERGENCY RELIEF FUND FOR LIBRARY STAFF; SERVICES FOR REFUGEES AND IMMIGRANTS; ADVOCACY EFFORTS; AND MORE.
Expenses $1,120,950 · Grants $814,964 · Revenue $226,945
As filed on the 2023 return.
Listed in Part VII
-
JEFF RILEY
EXEC. DIRECT
- Total calculated
- $228,849
- From this org
- $207,142
- From related orgs
- $0
- Other
- $21,707
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $207,142
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,027
- Nontaxable benefits
- $16,680
- Filer's total
- $228,849
-
LAURIE TROGE
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
RON TOMASSI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
LAWSON PARKER
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
AKASH MADIAH
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
AMY BRIMAH
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
JUDY ALLENDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
STEFAN BECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ANDY BISHOP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JOE BOCHENEK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DEB BRACKNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KIM BURKHARDT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MARK FERRANDINO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
APRIL LAMBATOS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ELISABETH MABUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BRITTANY MORRIS SAUNDERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DANIELLE REUBENSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JAYME RITCHIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ANDI RUGG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BYEONGSOOK SEO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
LISA VELA
TRUSTEE
- 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. 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
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PAGE 1, PART I, LINE 3
- MANAGEMENT AND MEMBERS OF THE PERSONNEL AND COMPENSATION COMMITTEE ANNUALLY REVIEW COMPARATIVE SALARIES FOR THE EXECUTIVE DIRECTOR AND ALL OTHER KEY FOUNDATION EMPLOYEES. THIS IS DONE DURING THE BUDGETING PROCESS. ONCE THE FINANCE COMMITTEE HAS APPROVED THE BUDGET, IT GOES IN FRONT OF THE ENTIRE BOARD FOR APPROVAL.
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
-
$814,964
SEE PART IV
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.
-
LIBRARY · CO
Directly controlled by DENVER
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411459349300911
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