Santa Clara City Library Foundation And Friends
- Assets
- $610.8k
- Revenue
- $324.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Santa Clara, CA
- Founding
- 06/2001
- Data as of
- 06/2022
- EIN
- 91-2125234
Organization Overview
Santa Clara City Library Foundation And Friends is located in Santa Clara, CA. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Santa Clara City Library Foundation And Friends employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Clara City Library Foundation And Friends 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 06/2022, Santa Clara City Library Foundation And Friends generated $324.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $255.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SANTA CLARA CITY LIBRARY FOUNDATION & FRIENDS IS A NONPROFIT ORGANIZATION DEDICATED TO SUPPLEMENTING PUBLIC FUNDING TO EXPAND AND ENHANCE THE LIBRARY'S PROGRAMS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RAISES AND PROVIDES FUNDS FOR AUGMENTED AND INNOVATIVE PROGRAMS AT THE CITY OF SANTA CLARA LIBRARIES THAT FALLING OUTSIDE NORMAL ANNUAL CITY FUNDING. THESE PROGRAMS ARE GREATLY VALUED AND UTILIZED BY THE COMMUNITY. THE ORGANIZATION SPONSORS AUTHORS AND PERFORMERS FOR ALL AGES AT ALL LIBRARY LOCATIONS. THE ORGANIZATION SUPPORTS LITERACY PROGRAMS SUCH AS OUTREACH TO SHELTERS, ADULT NEW READER PROGRAMS AND ESL CONVERSATION CLUBS. IN ADDITION, THE ORGANIZATION ENHANCES THE HEALTH AND WELLNESS COLLECTION WITH BOOKS, PERIODICALS, MEDIA, AND PROGRAMMING ANNUALLY. THE ORGANIZATIONS PROGRAM ACTIVITIES INCLUDE PRESERVING AND EXPANDING THE SANTA CLARA CITY LIBRARY HERITAGE PAVILION, WHICH PROVIDES RESOURCES RELATED TO LOCAL HISTORY AND GENEALOGY, AS WELL AS SERVES AS THE HOME BASE OF THE SANTA CLARA HISTORICAL AND GENEALOGICAL SOCIETY. THE ORGANIZATION WORKS TO CREATE MORE LITERACY PROGRAMS AND SPACE FOR CHILDREN AND FAMILIES BY ENHANCING THE GROWING COLLECTIONS INCLUDING REFERENCE MATERIALS, ONLINE DATABASE SUBSCRIPTIONS, AUTHOR PRESENTATIONS, ART RELATED PROGRAMS, AND SUMMER READING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Davis Executive Dir. | Officer | 30 | $87,000 |
Ram Visvanathan President | OfficerTrustee | 5 | $0 |
Steve Ricossa Vice President | OfficerTrustee | 5 | $0 |
Ken Young Treasurer | OfficerTrustee | 5 | $0 |
Nancy Coleman Secretary | OfficerTrustee | 4 | $0 |
Crystal Scheel Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,609 |
| Related organizations | $0 |
| Government grants | $30,872 |
| All other contributions, gifts, grants, and similar amounts not included above | $208,462 |
| Noncash contributions included in lines 1a–1f | $3,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,943 |
| Total Program Service Revenue | $38,453 |
| Investment income | $7,740 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,250 |
| Net Income from Fundraising Events | $31,965 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $324,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,000 |
| Compensation of current officers, directors, key employees. | $25,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,386 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,693 |
| Advertising and promotion | $613 |
| Office expenses | $17,787 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $255,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,646 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $89,551 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,859 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $454,707 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,000 |
| Total assets | $610,763 |
| Accounts payable and accrued expenses | $7,107 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,000 |
| Total liabilities | $8,107 |
| Net assets without donor restrictions | $275,950 |
| Net assets with donor restrictions | $326,706 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $610,763 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Santa Clara City Library Foundation And Friends has recieved totaling $18,886.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,110 |
Michael J Kirsch Foundation Santa Clara, CA PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $270 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $206 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $200 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 01/12/21 | $100 |
Endowment Analysis
| Beg. Balance | $72,634 |
| Earnings | $779 |
| Other Expense | $2,760 |
| Ending Balance | $70,653 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |