Kitsap Regional Library Foundation

Organization Overview

Kitsap Regional Library Foundation is located in Bremerton, WA. The organization was established in 1994. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kitsap Regional 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, Kitsap Regional Library Foundation generated $938.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. 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 WAS ESTABLISHED TO PROMOTE AND RECEIVE PHILANTHROPIC GIFTS FOR THE BENEFIT OF THE KITSAP REGIONAL LIBRARY BEYOND THE LEVEL ALLOWED BY TAX SUPPORT. THE FOUNDATION SEEKS TO PROVIDE FUNDING FOR PROGRAM ENHANCEMENTS, CAPITAL PROJECTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE KITSAP REGIONAL LIBRARY FOUNDATION SUPPORTED KITSAP REGIONAL LIBRARY DURING 2021 BY PROVIDING THE FUNDS NECESSARY TO ALLOW FOR ADDITIONAL PROGRAMS, COLLECTION EXPANSION, AND CAPITAL PROJECTS, INCLUDING SUMMER LEARNING, VARIOUS BRANCH PROGRAMS, AND THE SILVERDALE LIBRARY CAPITAL PROJECT, ALL FOR THE BENEFIT OF THE COMMUNITY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $118,585
All other contributions, gifts, grants, and similar amounts not included above$812,100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$930,685
Total Program Service Revenue$0
Investment income $7,534
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $938,219

Grants Awarded

Over the last fiscal year, Kitsap Regional Library Foundation has awarded $735,829 in support to 2 organizations.

Grant RecipientAmount

KITSAP REGIONAL LIBRARY

Org PageRecipient Profile

Bremerton, WA

PURPOSE: TO SUPPORT THE LIBRARY MISSION AND PROGRAMS

$712,029

VOTE YES KITSAP REGIONAL LIBRARY

PURPOSE: CONTRIBUTION TO VOTE YES KITSAP REGIONAL LIBRARY IN SUPPORT OF LIFTING THE LEVY LID.

$23,800
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Kitsap Regional Library Foundation has recieved totaling $38,447.

Awarding OrganizationAmount
Kitsap Community Foundation

Silverdale, WA

PURPOSE: OPERATIONS AND SUPPORT.

$10,200
Bainbridge Community Foundation

Bainbridge Island, WA

PURPOSE: GENERAL SUPPORT

$10,000
The Seattle Foundation

Seattle, WA

PURPOSE: TO PROVIDE GENERAL SUPPORT

$10,000
One Call For All

Bainbridge Island, WA

PURPOSE: GENERAL SUPPORT

$5,215
Fred H And Mary S Dore Charitable Ffoundation

Bainbridge Island, WA

PURPOSE: COMMUNITY

$1,000
Fred H And Mary S Dore Charitable Ffoundation

Bainbridge Island, WA

PURPOSE: COMMUNITY

$1,000
View Grant Recipient Profile

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