Des Moines Public Library Foundation

Organization Overview

Des Moines Public Library Foundation is located in Des Moines, IA. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Des Moines Public Library Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Des Moines Public Library Foundation 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 12/2021, Des Moines Public Library Foundation generated $910.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $588.1k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 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

THE FOUNDATION'S PURPOSE IS TO PROVIDE FINANCIAL SUPPORT TO THE DES MOINES PUBLIC LIBRARY BY FUNDRAISING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT TO THE DES MOINES PUBLIC LIBRARY SYSTEM. THE FOUNDATION RAISES FUNDS TO PROVIDE FOR LIBRARY COLLECTIONS, GROWTH OF TECHNOLOGY AND PROGRAMS SUCH AS AVID - AUTHORS VISITING IN DES MOINES - AUTHOR SERIES, THE SUMMER READING PROGRAM FOR CHILDREN, AND TEEN PROGRAMMING.


THE FOUNDATION'S MISSION IS TO HOLD EVENTS TO RAISE AWARENESS ABOUT THE SERVICES THE LIBRARY OFFERS.


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Board, Officers & Key Employees

Name (title)Compensation
Dory Briles
Executive Director
$108,952
Trevor Meers
President
$0
Belinda Alexander
Vice President
$0
Christopher Nebons
Treasurer
$0
Paul Melde
Co-Secretary
$0
Samuel Reed
Co-Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$197,550
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$475,453
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$673,003
Total Program Service Revenue$0
Investment income $90,195
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $195,848
Net Income from Fundraising Events -$48,863
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $910,183

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Des Moines Public Library Foundation has recieved totaling $12,700.

Awarding OrganizationAmount
Mary K And Daniel M Kelly Foundation

Des Moines, IA

PURPOSE: GENERAL OPERATIONS

$12,000
Brenton Foundation

Des Moines, IA

PURPOSE: CHARITABLE

$500
Evelyn I Benson Tr

Des Moines, IA

PURPOSE: PUBLIC LIBRARY

$200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,000,532
Earnings$395,213
Admin Expense$10,148
Net Contributions$4,467
Other Expense$76,806
Ending Balance$3,313,258

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