2026-05-08T07:55:57-05:00 2025-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2024-07-01 111904261 BROOKLYN PUBLIC LIBRARY BROO 7182302165 10 GRAND ARMY PLAZA BROOKLYN NY 11238 KAREN SHEEHAN EVP FINANCE/CFO 7182302165 2026-05-07 1 0 WILLIAM EPSTEIN P01307171 2129498700 2024 2025-03-06 01:10:19Z LINDA E JOHNSON 10 GRAND ARMY PLAZA BROOKLYN NY 11238 211592303 0 X WWW.BKLYNLIBRARY.ORG X 1902 NY IT IS THE MISSION OF THE LIBRARY TO ENSURE THE PRESERVATION AND TRANSMISSION OF (SEE SCHEDULE O) SOCIETY'S KNOWLEDGE, HISTORY AND CULTURE, AND TO PROVIDE THE PEOPLE OF BROOKLYN WITH FREE AND OPEN ACCESS TO INFORMATION FOR EDUCATION, RECREATION AND REFERENCE. 36 36 1521 1124 765825 0 164166794 173720986 859374 635355 1462028 1891902 1527684 1213232 168015880 177461475 0 0 0 0 115451634 124885837 0 0 5566411 44818550 47471863 160270184 172357700 7745696 5103775 226912503 246573456 57204209 68966890 169708294 177606566 X IT IS THE MISSION OF THE LIBRARY TO ENSURE THE PRESERVATION AND TRANSMISSION OF SOCIETY'S KNOWLEDGE, HISTORY AND CULTURE, AND TO PROVIDE THE PEOPLE OF BROOKLYN WITH FREE AND OPEN ACCESS TO INFORMATION FOR EDUCATION, RECREATION AND REFERENCE. 0 0 112778578 1114168 NEIGHBORHOOD LIBRARIES:DURING THE FY25 PERIOD, BROOKLYN PUBLIC LIBRARY CONTINUED TO ADVANCE SEVERAL PROJECTS THROUGH THE DESIGN PROCESS. THESE SELF-MANAGED PROJECTS INCLUDED PHASE II OF THE CENTRAL LIBRARY BRANCH RENOVATION UNDER ITS MULTI-PHASE MASTER PLAN; THE RENOVATION OF THE WALT WHITMAN LIBRARY, WHICH WILL INCLUDE A NEW DEDICATED TEEN SPACE & NEW READING GARDEN THAT REUSES THE BAS RELIEFS FROM THE FORMER BROOKLYN HEIGHTS BRANCH; RECONSTRUCTION OF THE CANARSIE BRANCH WITH A NEW BUILDING DOUBLING THE SIZE OF THE EXISTING BRANCH THAT WILL INCLUDE DEDICATED CHILDREN'S AND TEEN AREAS, WITH A MULTIPURPOSE ROOM AND UPPER-LEVEL TERRACE AREA; AND FINALLY THE RECONSTRUCTION OF THE NEW LOTS BRANCH WITH DECIDED TEENS AND CHILDREN'S AREAS, (CONTINUED ON SCHEDULE O)DOUBLE HEIGHT MULTIPURPOSE ROOM, AND ADULT LEARNING CENTER ALL WILL BE ACCOMPANIED BY SPACES SPECIFICALLY RESPONSIVE TO COMMUNITY STAKEHOLDERS WISH TO RESPOND TO THE SITE'S HISTORICAL GROUNDING IN THE NEW LOTS AREA. ADDITIONALLY, THE LIBRARY CONTINUED TO WORK WITH THE CITY'S DEPARTMENT OF DESIGN & CONSTRUCTION ON SEVERAL BRANCH RENOVATIONS THROUGHOUT THE SYSTEM'S CATCHMENT AREA.IN 2025, IN PARTNERSHIP WITH THE MAYOR'S OFFICE OF IMMIGRANT AFFAIRS, WE LAUNCHED BEGINNER ESOL CLASSES IN 25 BRANCH LIBRARIES ACROSS BPL. IN A VERY SHORT PERIOD, COLLEAGUES FROM ADULT LEARNING, OUTREACH SERVICES, HR, FINANCE, GOVERNMENT RELATIONS, ONS, AND BRANCH STAFF SET UP AND STAFFED THESE CLASSES TO MEET THE LANGUAGE LEARNING NEEDS OF NEW MIGRANTS TO THE CITY AND ANYONE LOOKING FOR A PLACE TO START.IN FY2025, THE NEIGHBORHOOD BRANCH LIBRARIES CIRCULATED 8,926,870 ITEMS AND HOSTED OVER 55,000 PROGRAMS, WITH PATRON ATTENDANCE OF OVER 668,000. IN ADDITION, PATRONS VISITED OUR BRANCHES OVER 5,000,000 TIMES DURING FY2025. 24682642 243846 CENTRAL LIBRARY:CENTRAL LIBRARY IS THE LARGEST PUBLIC LIBRARY IN BROOKLYN. AT 352,000 SQUARE FEET, IT ACCOUNTS FOR ONE-THIRD OF THE LIBRARY'S TOTAL PHYSICAL PLANT. IN MARCH, CENTRAL LIBRARY HOSTED NIGHT IN THE LIBRARY: THE SKY ABOVE BROOKLYN: THE PHILOSOPHY OF THE SUBLIME, AN ALL-NIGHT SERIES OF EVENTS, TALKS, AND PERFORMANCES FOCUSED ON CIVIC ENGAGEMENT AND CRITICAL THINKING. GUESTS INCLUDED ASTRA TAYLOR, RED MOTEN, SARAH LEWIS, AND MANY OTHERS.(CONTINUED ON SCHEDULE O)ONCE AGAIN, CENTRAL HOSTED THE BROOKLYN ROBOTICS LEAGUE (BRL) FINALS IN JANUARY 2025. BRL HOSTED 15 TEAMS PARTICIPATING IN BPL'S TOURNAMENTALL WITH SIZABLE CROWD SUPPORT FROM FRIENDS AND FAMILY MEMBERS CHEERING THEM ON. THE KINGS BAY BRANCH TEAM TOOK THE CROWN THIS YEAR FOR THE SECOND YEAR IN A ROW, WITH WASHINGTON IRVING LIBRARY TAKING SECOND PLACE AND CORTELYOU LIBRARY COMING IN THIRD. IN FY2025, THE CENTRAL LIBRARY CIRCULATED 858,814 ITEMS AND HOSTED 27,287 PROGRAMS, WHICH HAD PATRON ATTENDANCE OF OVER 155,000. IN ADDITION, OUR CENTRAL LIBRARY BRANCH WAS VISITED BY OVER 966,000 PATRONS DURING FY2025. 15019485 148381 SPECIAL PROGRAMS:BPL OFFERS PROGRAMS FOR PEOPLE OF ALL BACKGROUNDS AND AGES. IN ADDITION TO THE BRANCH PROGRAMS DESCRIBED ABOVE, BPL HOSTS TEEN TECH TIME AND HOMEWORK HELP SESSIONS, CITIZENSHIP AND HSE TEST PREPARATION, CAREER AND BUSINESS DEVELOPMENT RESOURCES, FREE CULTURAL EVENTS, AND MUCH MORE. A REPRESENTATIVE SAMPLE OF OUR SPECIAL PROGRAMS:BOOKMATCHPROVIDES PATRONS WITH READING LISTS SPECIALLY CURATED BY BPL LIBRARIANS.(CONTINUED ON SCHEDULE O)BKLYN INCUBATOR SUPPORTS AND FUNDS THE DEVELOPMENT OF NEW INITIATIVES BY LIBRARIANS AND STAFF, WITH TRAINING AND MENTORING ON PROGRAM DESIGN, PARTNERSHIP DEVELOPMENT, COMMUNITY OUTREACH, AND PROJECT MANAGEMENT. POWERUP IN 2003, THE POWERUP BUSINESS PLAN COMPETITION WAS LAUNCHED TO SUPPORT AND GROW BROOKLYN'S ENTREPRENEURIAL SPIRIT AND SMALL BUSINESSES. SINCE 2003, WE HAVE NURTURED 11,046 INDIVIDUALS WITH OVER 1,440 BUSINESS PLANS AND AWARDED MORE THAN $641,000 IN CASH AND IN-KIND GIFTS TO BROOKLYN ENTREPRENEURS. OUR SUCCESS STORIES INCLUDE MORE THAN 100 COMPANIES WITH A PASSION FOR FOOD AND DRINK, HEALTH AND WELLNESS, ARTS AND CRAFTS, MEDIA AND FASHION, EDUCATION, SOCIAL JUSTICE, AND CULTURAL DIVERSITY EVERYTHING THAT MAKES BROOKLYN GREAT.BARD AT BPL PROVIDES A FULLY ACCREDITED, FULL SCHOLARSHIP TO TRADITIONAL LIBERAL ARTS EDUCATION TO NONTRADITIONAL STUDENTS WHO HAD PREVIOUSLY BEEN DETERRED, DISCOURAGED, OR EXCLUDED FROM HIGHER EDUCATION.TEEN TAKEOVERS BRANCH COUNCILTEEN TAKEOVERS BRANCH COUNCIL IS AN INTERNSHIP PROGRAM WHERE HIGH SCHOOL STUDENTS PLAN, ORGANIZE, PROMOTE, AND HOST AFTER-HOURS PUBLIC PROGRAMS FOR OTHER TEENS. INTERNS LEARN ABOUT EVENT PLANNING, CREATING A BUDGET, AND PROGRAM PROMOTION.UNIVERSITY OPEN AIR IS A SERIES OF OUTDOOR COURSES IN PROSPECT PARK TAUGHT BY PROFESSORS AND RESEARCHERS TRAINED OUTSIDE THE U.S. WHO MAY FACE OBSTACLES TEACHING IN THEIR RESPECTIVE FIELDS.TEEN TECHIES TEACHES DIGITAL SKILLS TO STUDENTS 14 TO 18 AND PREPARES THEM TO SERVE ON BPL'S VOLUNTEER TEAM, WHERE THEY HELP PATRONS MAKE USE OF THE LIBRARY'S MANY FREE TECHNOLOGY RESOURCES. 152480705 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 729 0 1 1521 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X AMADU WAGIE 7182302165 VP OF FINANCE 10 GRAND ARMY PLAZA BROOKLYN NY 11238 JORDAN D BAROWITZ VICE CHAIR 2.00 0.00 X X 0 0 0 ANTHONY CROWELL ESQ VICE CHAIR 2.00 0.00 X X 0 0 0 NINA COLLINS CHAIR 2.00 0.00 X X 0 0 0 HONORABLE ALICE FISHER RUBIN TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL LIBURD VICE CHAIR 2.00 0.00 X X 0 0 0 SANDRA J SCHUBERT TRUSTEE 2.00 0.00 X 0 0 0 CHRISTINA TETTONIS TRUSTEE 2.00 0.00 X 0 0 0 HANK GUTMAN THRU 062025 TRUSTEE 2.00 0.00 X 0 0 0 PATRICK TRAIN-GUTIERREZ TRUSTEE 2.00 0.00 X 0 0 0 CASSANDRA METZ TRUSTEE 2.00 0.00 X X 0 0 0 BARATUNDE THURSTON THRU 022025 TRUSTEE 2.00 0.00 X 0 0 0 DAVID WOMACK TRUSTEE 2.00 0.00 X 0 0 0 RANDY PEERS THRU 052025 TRUSTEE 2.00 0.00 X 0 0 0 ERIN TEXEIRA TRUSTEE 2.00 0.00 X 0 0 0 JASON OTANO TRUSTEE 2.00 0.00 X 0 0 0 JERRY LEE TRUSTEE 2.00 0.00 X 0 0 0 NIKOLE HANNAH-JONES TRUSTEE 2.00 0.00 X 0 0 0 DOMINIC WILLIAMS TRUSTEE 2.00 0.00 X 0 0 0 JOSE CLAXTON TRUSTEE 2.00 0.00 X 0 0 0 EDDIE JOYCE TRUSTEE 2.00 0.00 X 0 0 0 PETER ASCHKENASY THRU 122024 TRUSTEE 2.00 0.00 X 0 0 0 CLAIRE HOFFMAN TRUSTEE 2.00 0.00 X 0 0 0 JOHARI JENKINS-TAYLOR TRUSTEE 2.00 0.00 X 0 0 0 MIRIAM E KATOWITZ SECRETARY 2.00 0.00 X 0 0 0 STEVE MEI TRUSTEE 2.00 0.00 X 0 0 0 TAI DANMOLA TRUSTEE 2.00 0.00 X 0 0 0 XOCHITL GONZALEZ TRUSTEE 2.00 0.00 X 0 0 0 BROOKE JONES TRUSTEE 2.00 0.00 X 0 0 0 CAMILLA VELASQUEZ TRUSTEE 2.00 0.00 X 0 0 0 CHAD DICKERSON VICE CHAIR 2.00 0.00 X 0 0 0 KAMY WICOFF TRUSTEE 2.00 0.00 X 0 0 0 MILOVAN BLAIR TRUSTEE 2.00 0.00 X 0 0 0 SEBLE TAREKE-WILLIAMS TRUSTEE 2.00 0.00 X 0 0 0 DEWAYNE LOUIS TRUSTEE 2.00 0.00 X 0 0 0 ASHER FREEMAN TRUSTEE REPRESENTATIVE (UNTIL 09/24) 2.00 0.00 X 0 0 0 BRIAN O'NEIL TREASURER 2.00 0.00 X 0 0 0 MADELINE CARSON AT-LARGE MEMBER 2.00 0.00 X 0 0 0 MICHELLE DE LA UZ TRUSTEE REPRESENTATIVE 2.00 0.00 X 0 0 0 SARAH MALLROY TRUSTEE REPRESENTATIVE 2.00 0.00 X 0 0 0 SUSAN MARCINEK PAST CHAIR 2.00 0.00 X 0 0 0 TIMOTHY INGRASSIA AT-LARGE MEMBER 2.00 0.00 X 0 0 0 LINDA E JOHNSON PRESIDENT & CEO 35.00 0.00 X 697188 0 63482 NICHOLAS L HIGGINS CHIEF LIBRARIAN 35.00 0.00 X 262879 0 80335 KAREN M SHEEHAN EVP FINANCE/CFO 35.00 0.00 X 279960 0 83341 DAVID WOLOCH EVP OF EXTERNAL AFFAIRS 35.00 0.00 X 183189 0 44950 ROBIN LESTER KENTON EVP OF EXTERNAL AFFAIRS 35.00 0.00 X 214207 0 71768 LASZLO J ORSOS VP OF ARTS AND CULTURE 35.00 0.00 X 259152 0 34807 ANTONINO GROPPO TEAM COORDINATOR CUSTODIAN/MAINTAINER 40.00 0.00 X 242057 0 66812 ALEXANDRA MAYERS CHIEF DEVELOPMENT OFFICER 35.00 0.00 X 242477 0 57682 AMADU WAGIE VP OF FINANCE 35.00 0.00 X 239379 0 75042 LACHONNE P WALTON VP OF HUMAN RESOURCES 35.00 0.00 X 244510 0 21336 2864998 0 599555 88 0 1 0 GILBANE BUILDING COMPANY 88 PINE STREET 27TH FLOOR NEW YORK NY 10005 CONSTRUCTION 2532195 SHAWMUT WOODWORKING & SUPPLY 560 HARRISON AVENUE BOSTON MA 02118 CONSTRUCTION 2238890 DONNELLY MECHANICAL CORP 96-59 222ND STREET QUEENS VILLAGE NY 11429 HVAC CONTRACTOR 1937319 TOSHIKO MORI 199 LAFAYETTE STREET SUITE 5A NEW YORK NY 10012 ARCHITECTURAL SERVICES 1933584 MODEL OF ARCHITECTURE SERVING 197 FRIEND ST BOSTON MA 02114 ARCHITECTURAL SERVICES 699314 72 1327846 163683570 8709570 1090692 173720986 PRINT AND COPY 900099 471864 471864 BOOK SALES 519200 86170 86170 FINES AND FEES 519200 72321 72321 GRANT INCOME PASS-THRO 900099 5000 5000 635355 1473646 1473646 214212 0 214212 214212 214212 34036171 31719523 1898392 2316648 -1898392 418256 418256 89280 1327810 512913 -423633 -423633 PASSPORT INCOME 900099 765825 765825 MISCELLANEOUS 900099 399976 399976 ADMINISTRATIVE FEES 900099 110238 110238 146614 146614 1422653 177461475 1506395 765825 1468269 1881022 425328 1105122 350572 80027638 71976371 5645176 2406091 10598015 9367926 873409 356680 26390924 23671367 1622999 1096558 5988238 5293196 493506 201536 113793 113793 132128 132128 137000 137000 92677 92677 9642399 7024721 2161792 455886 557363 504150 23077 30136 5002296 4303665 366221 332410 6489416 5714614 735133 39669 410869 374979 25847 10043 59029 59029 3085674 2914263 171411 1736700 1524866 211834 BOOKS AND PUBLIC LIBRAR 11445159 11445159 TELEPHONE AND TELECOM 3787314 3627594 81583 78137 REPAIRS AND MAINTENANCE 3693099 3434833 193889 64377 STAFF DEVELOPMENT & TRA 532750 413181 113457 6112 554197 464492 88501 1204 172357700 152480705 14310584 5566411 51306 51309 51629948 55356372 20347041 15136723 47400 57140 706473 663379 123683358 19393225 88967798 104290133 48553814 51713763 16608723 19304637 226912503 246573456 27615735 33158455 11536828 11725810 696330 3865553 17355316 20217072 57204209 68966890 X 144804644 151621845 24903650 25984721 169708294 177606566 226912503 246573456 5103775 2794533 0 X 0 1 X 1 1 1 X 157901293 175167543 162536130 162773677 172393140 830771783 30093126 32328683 33359864 33877892 35547463 165207028 187994419 207496226 195895994 196651569 207940603 995978811 995978811 1515172 1955043 1584648 1902872 1687858 8645593 3369 3369 567875 1142842 683101 443969 225252 3063039 1007690812 2695406 0.98840 0.98870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMINISTRATIVE AND MANAGEMENT FEES - 2020 AMOUNT: $ 567,875. 2021 AMOUNT: $ 1,142,842. 2022 AMOUNT: $ 683,101. 2023 AMOUNT: $ 443,969. 2024 AMOUNT: $ 225,252. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 137000 0 0 137000 0 PART II-B, LINE 1G THE LIBRARY'S LOBBYING CONSISTS OF COORDINATED EFFORTS AT THE CITY, STATE AND FEDERAL LEVELS TO PORTRAY THE LIBRARY IN THE BEST POSSIBLE LIGHT TO ENSURE CONTINUED FUNDING FOR ITS OPERATIONS AND PROGRAMS. THE LIBRARY LOBBIES THE EXECUTIVE BRANCH OF THE STATE GOVERNMENT AND INDIVIDUAL MEMBERS OF THE STATE SENATE AND ASSEMBLY TO ENSURE THAT IT GETS ADEQUATE FUNDING FROM THE STATE DEPARTMENT OF EDUCATION, TO SEEK FUNDING FOR SPECIAL CAPITAL INITIATIVES AND FOR MEMBER ITEMS FOR PROGRAMS AT THE BRANCH LEVEL. IN ADDITION, IT LOBBIES THE EXECUTIVE BRANCH OF THE NEW YORK CITY GOVERNMENT, MEMBER OF THE CITY COUNCIL AND THE NEW YORK CITY MAYOR'S OFFICE, TO ENSURE THAT THE LIBRARY IS ADEQUATELY FUNDED FOR ITS OPERATIONS AND CAPITAL PROJECTS. THE LIBRARY HIRED VARIOUS CONSULTANTS TO FACILITATE THE GRANT PROCESS WITH THE VARIOUS GOVERNMENT AGENCIES AND TO DIRECTLY CONTACT VARIOUS LEGISLATORS. X X X 0 4564168 196000 567882 258813 5069237 4268656 7275 504131 215894 4564168 3916398 270851 245290 163883 4268656 4847007 52805 -777116 206298 3916398 3977235 4000 1072136 206364 4847007 0.64130 0.35870 0 0 11600000 11600000 31460238 1034957 30425281 70414323 12249599 58164724 3157045 1321962 1835083 7051752 4786707 2265045 104290133 OTHER ASSETS 1071 RIGHT-OF-USE ASSETS 19303566 19304637 LEASE LIABILITIES 20217072 20217072 X 216823377 2794533 36236439 39030972 177792405 92667 -423633 -330966 177461439 208925105 36236439 423633 36660072 172265033 92667 92667 172357700 PART III, LINE 1A: THE ORGANIZATION'S COLLECTIONS ARE NOT INCLUDED IN THE STATEMENTS OF FINANCIAL POSITION. ITEMS WITHIN THE COLLECTIONS ARE CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE ORGANIZATION MAINTAINS A POLICY WHEREBY ITEMS PURCHASED FOR THE COLLECTIONS ARE RECORDED AS EXPENSES IN THE YEAR IN WHICH THE ITEMS ARE PURCHASED. THE ORGANIZATION REVIEWS ITS COLLECTIONS ON AN ONGOING BASIS AND MAY PERIODICALLY ACQUIRE OR DE-ACCESS COLLECTION ITEMS. PROCEEDS RECEIVED FROM DEACCESSIONS ARE EITHER USED TO ACQUIRE FUTURE COLLECTION ITEMS OR HELD FOR THE DIRECT CARE, MAINTENANCE, OR PRESERVATION OF THE COLLECTIONS. THE LIBRARY'S COLLECTIONS ARE COMPRISED OF NON-CIRCULATING LIBRARY MATERIALS. THESE COLLECTIONS ARE MAINTAINED BY THE ORGANIZATION UNDER CURATORIAL CARE AND ARE HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION, IN FURTHERANCE OF PUBLIC SERVICE. THE LIBRARY'S NON-CIRCULATING MATERIALS ARE INSURED FOR A TOTAL VALUE OF $130,000,000. PART III, LINE 4: BROOKLYN PUBLIC LIBRARY OWNS AND HAS MADE ACCESSIBLE SEVERAL IMPORTANT SPECIAL COLLECTIONS THAT INCLUDE THE HUNT COLLECTION OF CHILDREN'S LITERATURE 7,000 JUVENILE BOOKS DATING BACK TO THE MID-18TH CENTURY THE CIVIL WAR COLLECTION - A 6,000 VOLUME COLLECTION PURCHASED IN 1908; AND A CIRCULATING ORCHESTRAL SCORE COLLECTION. ALSO, THE LIBRARY'S LOCAL HISTORY UNIT, THE BROOKLYN COLLECTION, MAINTAINS NUMEROUS IMPORTANT COLLECTIONS, NONE MORE IMPORTANT THAT THE ENTIRE BROOKLYN DAILY EAGLE PHOTOGRAPHY ARCHIVES: OVER 200,000 IMAGES OF NEWSWORTHY LOCAL, NATIONAL, AND INTERNATIONAL EVENTS. THE BROOKLYN COLLECTION'S GENERAL PHOTOGRAPHY COLLECTION COMPRISE 19TH AND 20TH CENTURY PHOTOGRAPHS, PHOTOGRAVURES, PORTFOLIOS, PHOTO ALBUMS, STEREO VIEWS, AND CYANOTYPES. THE COLLECTION INCLUDES PHOTOGRAPHS TAKEN BY WELL-KNOWN PHOTOGRAPHERS SUCH AS BERENICE ABBOTT, ALVIN LANGDON COBURN, THOMAS ROMA, ALFRED STIEGLITZ, AND IRVING UNDERHILL. IN ADDITION, THE BROOKLYN COLLECTION MAINTAINS A NUMBER OF SMALLER COLLECTIONS, INCLUDING SOME EPHEMERAL COLLECTIONS SUCH AS THE BROOKLYN DODGERS MEMORABILIA COLLECTION. THE LIBRARY'S SPECIAL COLLECTIONS FURTHER ITS EXEMPT PURPOSE IN THAT THEY PROVIDE THE PEOPLE OF BROOKLYN FREE AND OPEN ACCESS TO A WELL-PRESERVED RECORD OF SOCIETY'S KNOWLEDGE, HISTORY, AND CULTURE. PART V, LINE 4: THE INTENDED USES OF THE ENDOWMENT FUNDS ARE AS FOLLOWS: 1. BOOKS - INCOME FROM THESE ENDOWMENTS ARE TO BE USED TO BUY BOOKS THAT FURTHER THE MISSION OF THE LIBRARY 2. BRANCH HUMANITIES PROGRAMS 3. STAFF WELFARE 4. YOUTH AND CHILDREN'S PROGRAM 5. WILLENDORF LECTURE SERIES 6. PLAZA AND AUDITORIUM CAPITAL CAMPAIGN 7. THE UPKEEP OF TECHNOLOGY EQUIPMENT AND ONGOING MAINTENANCE OF THE CENTRAL LIBRARY INFORMATION COMMONS 8. ADULT LITERACY PART X, LINE 2: THE LIBRARY IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES", RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE LIBRARY, ASC TOPIC 740 IS POTENTIALLY APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME, ATTRIBUTABLE TO PASSPORT SERVICES PROVIDED TO THE PUBLIC. BECAUSE THE LIBRARY HAS ALWAYS ACCRUED A TAX LIABILITY FOR THIS SERVICE AND BECAUSE OF THE LIBRARY'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE LIBRARY'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -423,633. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 423,633. GALA 1417090 1327810 89280 115328 3500 394085 1417090 1327810 89280 115328 3500 394085 512913 -423633 X X X X 0 0 0 0 0 0 0 0 0 LINDA E JOHNSON PRESIDENT & CEO 694374 0 0 0 2814 0 50160 0 13322 0 760670 0 0 0 KAREN M SHEEHAN EVP FINANCE/CFO 279960 0 0 0 0 0 49273 0 34068 0 363301 0 0 0 NICHOLAS L HIGGINS CHIEF LIBRARIAN 262879 0 0 0 0 0 46267 0 34068 0 343214 0 0 0 AMADU WAGIE VP OF FINANCE 239379 0 0 0 0 0 40974 0 34068 0 314421 0 0 0 ANTONINO GROPPO TEAM COORDINATOR CUSTODIAN/MAINTAINE 238484 0 0 0 3573 0 32644 0 34168 0 308869 0 0 0 ALEXANDRA MAYERS CHIEF DEVELOPMENT OFFICER 242477 0 0 0 0 0 25760 0 31922 0 300159 0 0 0 LASZLO J ORSOS VP OF ARTS AND CULTURE 259152 0 0 0 0 0 20732 0 14075 0 293959 0 0 0 ROBIN LESTER KENTON EVP OF EXTERNAL AFFAIRS 214207 0 0 0 0 0 37700 0 34068 0 285975 0 0 0 LACHONNE P WALTON VP OF HUMAN RESOURCES 244510 0 0 0 0 0 19561 0 1775 0 265846 0 0 0 DAVID WOLOCH EVP OF EXTERNAL AFFAIRS 183189 0 0 0 0 0 20517 0 24433 0 228139 0 0 0 SCHEDULE J, PART II, COLUMN B, III THE LIBRARY PROVIDES LINDA E. JOHNSON (PRESIDENT & CEO) AND ANOTHER EMPLOYEE WITH A BPL VEHICLE FOR OFFICIAL BUSINESS. THE AMOUNTS REPRESENT THE VALUE ASSESSED FOR THE PERSONAL USE OF THE VEHICLE. SCHEDULE J, PART II, COLUMN C RETIREMENT AND OTHER DEFERRED COMPENSATION - VALUE OF CONTRIBUTIONS TO NEW YORK STATE AND LOCAL RETIREMENT SYSTEM (NYSLRS) OR NEW YORK VOLUNTARY DEFINED CONTRIBUTION (VDC) PENSION PLANS. X 45178 1090692 COMPARABLE SALES 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTED ITEMS REPRESENT THE NUMBER OF STOCK DONATIONS RECEIVED FROM DONORS DURING THE YEAR. PART I, LINE 32B: THE BROKER HIRED BY THE LIBRARY SELLS ALL THE DONATED STOCKS UPON RECEIPT. FORM 990, PART VI, SECTION A, LINE 7A PER THE BROOKLYN PUBLIC LIBRARY'S BYLAWS, THE GOVERNING BOARD OF TRUSTEES HAS THE AUTHORITY TO MANAGE AND CONTROL THE LIBRARY'S AFFAIRS. THE BOARD OF TRUSTEES SHALL CONSIST OF NOT LESS THAN THIRTY-EIGHT MEMBERS BUT NO MORE THAN FIFTY-ONE. BY VIRTUE OF THEIR RESPECTIVE OFFICES, THE MAYOR OF THE CITY OF NEW YORK, THE COMPTROLLER OF THE CITY OF NEW YORK, THE SPEAKER OF THE CITY COUNCIL OF THE CITY OF NEW YORK, AND THE PRESIDENT OF THE BOROUGH OF BROOKLYN ARE EX-OFFICIO TRUSTEES OF THE LIBRARY. EACH EX-OFFICIO MAY APPOINT A REPRESENTATIVE TO SERVE ON HIS OR HER BEHALF AS A MEMBER OF THE BOARD. EACH REPRESENTATIVE APPOINTED BY AN EX-OFFICIO SHALL BE COUNTED AS PART OF THE QUORUM AND MAY VOTE AND HAVE ALL OF THE SAME RIGHTS AND PRIVILEGES OF THE EX-OFFICIO OR ANY OTHER MEMBER OF THE BOARD, EXCEPT WHERE THIS IS PROHIBITED BY LAW. THE MAYOR OF THE CITY OF NEW YORK AND THE PRESIDENT OF THE BOROUGH OF BROOKLYN MAY EACH APPOINT ELEVEN TRUSTEES TO HOLD OFFICE FOR THREE YEARS, OR UNTIL THEIR RESIGNATION OR THE APPOINTMENT OF A SUCCESSOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT, WITH THE ASSISTANCE OF OUR TAX PREPARERS, EISNER ADVISORY GROUP LLC. ONCE A FINAL DRAFT OF THE FORM 990 IS RECEIVED FROM THE EXTERNAL AUDITORS, THE VICE PRESIDENT OF FINANCE CONDUCTS A FIRST LEVEL REVIEW WITH THE EXECUTIVE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER (CFO). PENDING ANY AMENDMENTS OR CORRECTIONS, THE CFO AND VICE PRESIDENT OF FINANCE THEN REVIEW THE DRAFT RETURNS WITH THE PRESIDENT AND CEO. AFTER REVIEWING THE DRAFT WITH THE PRESIDENT AND CEO, THE DRAFT FORM 990 IS FORWARDED TO THE MEMBERS OF AUDIT COMMITTEE IN PREPARATION FOR A FORMAL REVIEW AT A MEETING OF THE AUDIT COMMITTEE ATTENDED BY THE EXTERNAL TAX PREPARERS, SENIOR MEMBERS OF THE LIBRARY'S EXECUTIVE TEAM ALONG WITH THE CFO AND VICE PRESIDENT OF FINANCE. AT THIS MEETING, STAFF REVIEW THE REPORTS WITH THE ATTENDEES. QUESTIONS ARE FIELDED AND IF NECESSARY, CORRECTIONS ARE MADE. ONCE THE REVIEW IS COMPLETED, THE MEMBERS OF THE AUDIT COMMITTEE VOTE TO ACCEPT THE REPORT FOR FILING BY THE LIBRARY'S EXTERNAL TAX PREPARERS. PRIOR TO FILING THE RETURN (AMENDED IF REQUIRED) IT IS FORWARDED TO THE FULL BOARD FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE LIBRARY HAS A CONFLICT-OF-INTEREST POLICY WHICH IS SIGNED ANNUALLY BY EVERY MEMBER OF THE BOARD OF TRUSTEES AND KEY (SENIOR) MEMBERS OF THE LIBRARY'S MANAGEMENT TEAM. A COPY OF THE LIBRARY'S CONFLICT-OF-INTEREST POLICY CAN BE OBTAINED FROM THE LIBRARY'S WEBSITE AT: HTTPS://WWW.BKLYNLIBRARY.ORG/SITES/DEFAULT/FILES/DOCUMENTS/TRUSTEES/CONFLIC OFINTEREST.PDF FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF THE PRESIDENT AND CEO IS BASED ON A NEGOTIATED WRITTEN EMPLOYMENT CONTRACT, WHICH INCLUDES A YEARLY ADJUSTMENT FOR COST OF LIVING INCREASES. THE CONTRACT IS RENEWABLE EVERY THREE YEARS. THE SALARIES OF THE OTHER OFFICERS AND KEY EMPLOYEES ARE BASED ON A COMPENSATION PROGRAM DESIGNED BY AN INDEPENDENT CONSULTANT, ERNST & YOUNG. THE PROGRAM INCLUDES SALARY GRADES. IT IS REVIEWED REGULARLY AND UPDATED, AS NEEDED, TO ADJUST THE SALARY STRUCTURE AND RANGES TO ENSURE COMPETITIVE SALARY RANGES. FORM 990, PART VI, SECTION C, LINE 19 THE LIBRARY HAS A CONFLICT-OF-INTEREST POLICY FOR MEMBERS OF THE BOARD OF TRUSTEES AND KEY MEMBERS OF STAFF. THIS POLICY IS AVAILABLE FOR REVIEW ON THE LIBRARY'S INTRANET AND TRUSTEE WEBSITE. IN ADDITION, THE POLICY IS ALSO AVAILABLE FOR REVIEW BY THE GENERAL PUBLIC ON THE LIBRARY'S WEBSITE. FINANCIAL STATEMENTS: IT IS THE POLICY OF BROOKLYN PUBLIC LIBRARY TO MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. COPIES OF ITS MOST RECENT AUDITED FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE AND AVAILABLE TO THE PUBLIC AT THE FOLLOWING LINK HTTPS:WWW.BKLYNLIBRARY.ORG/ABOUT/REPORTS-PUBLICATIONS COPIES ARE ALSO AVAILABLE UPON REQUEST FROM THE FINANCE DEPARTMENT. THE CITY OF NEW YORK 1 CENTER STREET NEW YORK NY 10007 THE CITY OF NEW YORK PROVIDES GRANTS TO BPL NY 115 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0