Santa Barbara Public Library Foundation

Organization Overview

Santa Barbara Public Library Foundation is located in Santa Barbara, CA. The organization was established in 2012. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Barbara 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 06/2021, Santa Barbara Public Library Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $306.1k during the year ending 06/2021. While expenses have increased by 20.8% 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

THE PURPOSE OF THE SANTA BARBARA PUBLIC LIBRARY FOUNDATION (THE FOUNDATION) IS TO BRING TOGETHER PERSONS INTERESTED IN STIMULATING PUBLIC SUPPORT, UNDERSTANDING AND USE OF THE CITY OF SANTA BARBARA PUBLIC LIBRARY (CENTRAL AND EASTSIDE LIBRARIES) (THE LIBRARY); TO ENCOURAGE AND RECEIVE GIFTS, ENDOWMENTS AND BEQUESTS FOR THE BENEFIT OF THE LIBRARY; AND TO SUPPORT ANDCOOPERATE WITH THE LIBRARY'S REPRESENTATIVES IN DEVELOPING SERVICES ANDPROGRAMS FOR THE LIBRARY. THE CURRENT PROJECTS ARE: 1) LIBRARY PLAZA 2) A TEEN CENTER 3)EXTERIOR ENHACEMENTS 4) SECOND FLOOR PATIO 5) CHILDREN'S LIBRARY ENDOWMENT. THE FOUNDATION DOES NOT CURRENTLY OFFERSPECIFIC SERVICES OR PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SANTA BARBARA PUBLIC LIBRARY FOUNDATION SUPPORTS THE SANTA BARBARA PUBLIC LIBRARY BY FUNDING LARGE-SCALE INITIATIVES. THE SANTA BARBARA PUBLIC LIBRARY FOUNDATION WAS CREATED AS AN INDEPENDENT FUNDING ORGANIZATION IN 2012 TO SERVE THE TWO CITY LIBRARIES, CENTRAL AND EASTSIDE. WE OPEN DOORS FOR THE COMMUNITY BY OFFERING CRITICAL SUPPORT TO THE SANTA BARBARA PUBLIC LIBRARY.


THE SANTA BARBARA PUBLIC LIBRARY FOUNDATION SUPPORTS THE SANTA BARBARA PUBLIC LIBRARY BY FUNDING LARGE-SCALE INITIATIVES. THE SANTA BARBARA PUBLIC LIBRARY FOUNDATION WAS CREATED AS AN INDEPENDENT FUNDING ORGANIZATION IN 2012 TO SERVE THE TWO CITY LIBRARIES, CENTRAL AND EASTSIDE. WE OPEN DOORS FOR THE COMMUNITY BY OFFERING CRITICAL SUPPORT TO THE SANTA BARBARA PUBLIC LIBRARY.


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Board, Officers & Key Employees

Name (title)Compensation
Lauren Trujillo
Foundation Director
$85,000
Anne Howard
President
$0
Emily Engel
Vice President
$0
Brooke Mcdermott
Treasurer
$0
Jim Sterne
Secretary
$0
Alan Brumberger
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,252,969
Noncash contributions included in lines 1a–1f $66,535
Total Revenue from Contributions, Gifts, Grants & Similar$1,252,969
Total Program Service Revenue$0
Investment income $25,507
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $162,098
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,440,574

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Santa Barbara Public Library Foundation has recieved totaling $2,000.

Awarding OrganizationAmount
Gracie Charitable Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,959,786
Earnings$188,106
Admin Expense$10,992
Net Contributions$1,421,722
Other Expense$186,610
Ending Balance$3,372,012

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