Queens Borough Public Library

Organization Overview

Queens Borough Public Library is located in Jamaica, NY. The organization was established in 1959. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2021, Queens Borough Public Library employed 1,646 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queens Borough Public Library is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Queens Borough Public Library generated $143.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $129.8m during the year ending 06/2021. While expenses have increased by 1.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

QUEENS LIBRARY TRANSFORMS LIVES BY CULTIVATING PERSONAL AND INTELLECTUAL GROWTH AND BY BUILDING STRONG COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN FY'21, THE QUEENS BOROUGH PUBLIC LIBRARY OFFERED FREE ACCESS TO A COLLECTION OF MORE THAN 5 MILLION BOOKS AND OTHER MATERIALS IN MULTIPLE LANGUAGES, WHICH CIRCULATED OVER 3.7 MILLION TIMES. THE LIBRARY HAD OVER 4.4 MILLION VISITS AT ITS 66 LOCATIONS ACROSS THE BOROUGH. MORE THAN 400 THOUSAND PEOPLE USED THE LIBRARY'S COMPUTERS OR ACCESSED THE WI-FI NETWORK. THE LIBRARY OFFERED OVER 20,000 EDUCATIONAL, CULTURAL, RECREATIONAL, AND CIVIC PROGRAMS WITH AN ATTENDANCE OF MORE THAN 243 THOUSAND CUSTOMERS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Dennis Walcott
President & CEO
$257,956
Sung Kim
COO & SVP
$240,936
Michael Tragale
CFO & SVP
$224,174
Lawrence Vedilago
Vp, Risk Management
$199,354
Nick Buron
Chief Librarian & SVP
$194,213
Justin Deabler ESQ
Counsel
$191,848

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Universal Protection Services
Security Services
$544,524
Bdo Usa Llp
Audit & Tax
$120,703
Queens Truck Repairs
Vehicle Repair&maint
$119,125
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$985,537
Government grants $140,189,386
All other contributions, gifts, grants, and similar amounts not included above$24,675
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$141,199,598
Total Program Service Revenue$107,631
Investment income $336,129
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,516
Net Gain/Loss on Asset Sales $566,962
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $143,591,059

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Queens Borough Public Library has recieved totaling $500,000.

Awarding OrganizationAmount
Robin Hood Foundation

New York, NY

PURPOSE: POVERTY RELIEF

$490,000
Newyork-Presbyterian-Queens

Flushing, NY

PURPOSE: support

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,310,105
Earnings$2,814,946
Admin Expense$163,952
Net Contributions$12,500
Ending Balance$14,973,599

Create an account to unlock the data you need.

or