2024-11-13T14:41:43-06:00 2023-12-31 952302617 SINGERLEWAK LLP 4312 KITSAP WAY 102 BREMERTON WA 98312 990 2023-01-01 910757660 BAINBRIDGE PUBLIC LIBRARY BAIN 2064515050 PO BOX 11815 BAINBRIDGE ISLAND WA 98110 WALTER YUND BOARD TREASURER 2064515050 2024-11-07 1 0 MICHAEL LIND CPA P01339785 3604794611 2024-11-07 2023 2024-10-15 13:58:12Z WALTER YUND PO BOX 11815 BAINBRIDGE ISLAND WA 98110 644555 0 X WWW.BAINBRIDGEPUBLICLIBRARY.ORG X 1960 WA THE ORGANIZATION'S MISSION IS TO ENSURE A VIBRANT COMMUNITY SPACE DEDICATED TO THE JOY OF READING, THE DISCOVERY OF IDEAS, AND THE POWER OF INFORMATION BY OWNING, OPERATING AND MAINTAINING THE LIBRARY BUILDING AND GROUNDS. THE FACILITIES WERE DONATED BY THE PEOPLE OF BAINBRIDGE ISLAND IN 1961 AND CONTINUE TO BE FUNDED BY CONTRIBUTIONS RAISED THROUGH EFFORTS OF THE BOARD OF DIRECTORS. THE LIBRARY IS OPERATED BY KITSAP REGIONAL LIBRARY, A SEPARATE INDEPENDENT ORGANIZATION, WHICH PROVIDES MATERIALS, STAFF, AND TECHNICAL AND ADMINISTRATIVE SUPPORT. 11 11 0 30 0 0 945359 381304 0 0 111556 138881 29081 27337 1085996 547522 4500 3500 0 0 0 0 0 0 22622 322540 356347 327040 359847 758956 187675 6794785 7335954 9936 9936 6784849 7326018 X THE ORGANIZATION'S PRIMARY MISSION IS TO ENSURE A VIBRANT COMMUNITY SPACE DEDICATED TO THE JOY OF READING, THE DISCOVERY OF IDEAS, AND THE POWER OF INFORMATION BY OWNING, OPERATING, AND MAINTAINING THE LIBRARY BUILDING AND GROUNDS. 0 0 318717 3500 SEE SCHEDULE O 122205 IHLAND WAY BUILDINGS WERE MAINTAINED AND FULLY TENANTED. 318717 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 WA X CHARLES BROWNE 2064515050 7962 GRAND AVENUE NE BAINBRIDGE ISLAND WA 98110 X JIM FOX BOARD MEMBER 3.00 X 0 0 0 KATHERINE BOLLES PRESIDENT 5.00 X X 0 0 0 CHARLES BROWNE ARCHIVIST 4.00 X X 0 0 0 MERRY PALMER BOARD MEMBER 1.00 X 0 0 0 WALTER YUND TREASURER 7.00 X X 0 0 0 KIP BANKHART BOARD MEMBER 6.00 X 0 0 0 DENTON KIEHLE VICE PRESIDENT 4.00 X X 0 0 0 JAMES MCKEEVER BOARD MEMBER 3.00 X 0 0 0 RACHELLE CASTLEBERRY BOARD MEMBER 3.00 X 0 0 0 TRESE WILLIAMSON BOARD MEMBER 2.50 X 0 0 0 JUDY HARTSTONE BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 381304 381304 138881 138881 122005 97033 24972 24972 24972 LIBRARY BOARDROOM RENT 531190 2215 2215 MISCELLANEOUS REFUND 900099 150 150 2365 547522 150 0 166068 3500 3500 18300 18300 3258 3088 170 1540 1540 1279 1080 199 6031 6031 33211 33211 286 286 164720 164720 3114 3114 REPAIR & MAINTENANCE 101546 101546 ENTERTAINMENT 9212 9212 MISCELLANEOUS 6773 3858 2915 POSTAGE AND MAILING 2899 344 2555 4178 3970 208 359847 318717 18508 22622 134647 131702 122446 5829105 3034276 2899068 2794829 2018763 2490393 1619861 1919030 6794785 7335954 9936 9936 9936 9936 X 5775437 6231041 1009412 1094977 6784849 7326018 6794785 7335954 187675 353494 0 X X 1 X 0 1 0 X 270696 312915 445914 945359 381304 2356188 270696 312915 445914 945359 381304 2356188 0 0 0 2356188 159489 174815 194271 228926 263101 1020602 159489 174815 194271 228926 263101 1020602 150 150 430185 487730 640185 1174285 644555 3376940 0.69770 0.71610 0.30220 0.28390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 1602986 87000 220710 3500 1907196 1765034 87000 -244548 4500 1602986 1515885 62500 186649 1765034 1301625 49000 165260 1515885 1018846 77000 206779 1000 1301625 0 0 872277 872277 4166391 2534372 1632019 718023 446413 271610 72414 53491 18923 2794829 EMERGING MARKETS STOCK INDEX 205893 F EUROPEAN STOCK INDEX 218364 F HI-YIELD CORPORATE BONDS 213314 F INFLATION PROTECTED SECURITIES 204918 F PACIFIC STOCK INDEX 213343 F REIT INDEX FUND 109487 F SHORT-TERM CORPORATE INVESTMENT GRADE BONDS 208108 F SMALL CAP INDEX 314357 F TOTAL STOCK MARKET INDEX 322121 F FEDERAL MONEY MARKET 359032 F GLOBAL CAPITAL CYCLES 121456 F 2490393 MEMORIAL AND SCULPTURES 1898 ENDOWMENT (2 ACCOUNTS) 1907196 SECURITY DEPOSIT 9936 1919030 SECURITY DEPOSITS 9936 9936 X PART X, LINE 2: THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN ON ITS FILINGS WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVE FOR UNCERTAIN INCOME TAX AT DECEMBER 31, 2023. THERE ARE NO ACCRUALS FOR INTEREST AND PENALTIES SINCE THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO SUCH AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART III, LINE 3 AND PART III, LINE 4 PART III,3(A): THE ORGANIZATION'S COLLECTIONS CONSIST OF DONATED ARTWORK. IT IS THE ORGANIZATION'S POLICY NOT TO RECOGNIZE ITS COLLECTIONS AS ASSETS IN THE FINANCIAL STATEMENTS. PART III, 4: THE ORGANIZATION'S COLLECTIONS CONSIST OF HAIKU NO NIWA GARDEN; BAY OTTERS (BRONZE SCULPTURE); BIRDS IN FLIGHT (WOOD AND STEEL BENCH); THE MEMORY OF THE WORLD (CAST BRONZE MEDALLIONS); UNTITLED (BENCH OF CONCRETE AND FOUND OBJECTS); THE WAITING BENCH (MADE FROM TREES ON THE SITE); UNTITLED (GLASS, COPPER AND WOOD DOOR); UNTITLED (OIL PAINTING AND CAST GLASS CEILING); READING HANDS (METAL COMPUTER-BACK SCREENS); MANDORLA AND ELIPSE (GUT AND FOUND OBJECTS); GALILEA (GUT AND FOUND OBJECTS); WILDFLOWER BOUQUET (WATERCOLOR); BLUE SEA (OIL/TEMPERA); THE CORNERSTONE( CARVED GRANIDIORITE FOUND ON SITE); CONTEMPLATING BAINBRIDGE ISLAND UNDER A BLUE MOON (WATERCOLOR ASSEMBLAGE); ALPENTAL 2 (BLACK AND WHITE PHOTOGRAPH); SEA FORM SET (GLASS SCULPTURE); WELCOME WAGON QUILT; DEDICATED TO THE VISION OF DR. AND MRS. JAMES HODGES (BLACK AND WHITE PHOTO PORTRAITS); UNTITLED TOTEM POLE; READING SOFA; PARADE OF THE ELEMENTS (SHADOWBOX PAINTING); UNTITLED (ETCHED GLASS PANELS); GLASSABET (FUSED GLASS TILES); FANCIFUL STEP STOOLS: FRESH FISH AND CARMEN MIRANDA); PEACEABLE KINGDOM PRINT; AQUARIUM; A HISTORY OF BAINBRIDGE ISLAND (MAP QUILT); A CARVED WOODEN BENCH. THE COLLECTION FURTHERS OUR EXEMPT PURPOSE IN THAT THE ITEMS ARE DISPLAYED TO AND USED BY THE PUBLIC AND ARE PRESERVED FOR FUTURE GENERATIONS. PART V, 4: THE INTENDED USE OF THE INCOME FROM THE FRIENDS OF THE LIBRARY ENDOWMENT IS TO HELP SUPPORT PROGRAMS, SERVICES, PHYSICAL EXPANSION OF FACILITIES, AND OPERATIONAL EXPENSES OF THE BAINBRIDGE ISLAND PUBLIC LIBRARY. THE INTENDED USE OF THE CYNTHIA HARRISON ENDOWMENT FUND IS TO PROVIDE ANNUAL AWARDS FOR TUITION AND RELATED EDUCATIONAL EXPENSES FOR EMPLOYEES OF KITSAP REGIONAL LIBRARY OR KITSAP REGIONAL LIBRARY VOLUNTEERS TO SUPPORT/FURTHER THEIR EDUCATION. FORM 990, PART III, LINE 4A THROUGHOUT 2023 BAINBRIDGE PUBLIC LIBRARY (BPL) COVERED THE OPERATING COSTS OF THE BUILDING AND GROUNDS IT OWNS, WHICH ARE OPERATED AS THE BAINBRIDGE BRANCH OF THE KITSAP PUBLIC LIBRARY SYSTEM. A BPL VOLUNTEER GROUP KNOWN AS THE "FRIDAY TIDIES" CONTINUED TO MAINTAIN THE EXTENSIVE GARDEN AND GROUNDS OF THE PROPERTY, WITH THE ASSISTANCE OF A LANDSCAPE MAINTENANCE COMPANY, WITH COSTS PAID BY BPL. IN ADDITION TO NORMAL EXPENSES OF UTILITIES, MAINTENANCE, AND REPAIRS, BPL HIRED CONTRACTORS AND COMPLETED THE FOLLOWING PROJECTS: COMPLETED A MAJOR UPGRADE AND REPLACEMENT OF THE ELEVATOR CONTROL SYSTEM WITH DIGITAL CONTROLS CONSISTENT WITH CURRENT STANDARDS TOGETHER WITH A NEW FIRE AND SMOKE ALARM PANEL; INSTALLED EXTERIOR LIGHTING IMPROVEMENTS FOR SAFETY AND AESTHETICS; INSTALLED A NEW ART HANGING SYSTEM IN CONNECTION WITH THE REFRESH OF THE LARGE MEETING ROOM; INSTALLED A MAJOR PIECE OF ARTWORK ON THE GROUNDS TO RECOGNIZE CONTRIBUTORS TO THE GARDEN FUND; PRESENTED A ROTATING MONTHLY ART SHOW IN ITS LARGE MEETING ROOM, TOGETHER WITH A HOSTED FIRST FRIDAY CELEBRATION; PUBLISHED A MONTHLY ENEWS LETTER HIGHLIGHTING LOCAL ARTISTS AND PUBLISHED LOCAL AUTHORS. BAINBRIDGE PUBLIC LIBRARY PARTNERED WITH LIBRARY U TO PRESENT A WELL ATTENDED FOUR-PART GREAT DECISIONS SERIES WHICH INCLUDED PRESENTATIONS ON THE US AND CHINA, ENERGY GEOPOLITICS, IRAN, AND ARTIFICIAL INTELLIGENCE WITHOUT CHARGE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MONITORS AND ENFORCES COMPLIANCE WITH CONFLICT OF INTEREST POLICY THROUGH THE BPL CODE OF ETHICS WHICH DETAILS DIRECTORS AND OFFICERS' OBLIGATIONS REGARDING A CONFLICT OF INTEREST. ALL BOARD MEMBERS RECEIVE A COPY OF THE CODE OF ETHICS WHICH THEY MUST AGREE TO SIGN ACKNOWLEDGING THEIR AGREEMENT WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 1 BAINBRIDGE PUBLIC LIBRARY USES MODIFIED CASH BASIS OF ACCOUNTING. NO CHANGE FROM PRIOR YEAR. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. IHLAND WAY LLC 1270 MADISON AVE N BAINBRIDGE ISLAND WA 98110 934179346 RENTAL INCOME AND FUTURE SITE FOR THE LIBRARY EXPANSION. WA 24972 516064 BAINBRIDGE PUBLIC LIBRARY