LIBRARY FOUNDATION OF LOS ANGELES: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- LIBRARY FOUNDATION OF LOS ANGELES (EIN 95-4368250)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-09
- IRS object ID
- 201921309349301812
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-09T18:39:58-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953001179 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1Txt |
| City | LONG BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 908010087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954368250 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LIBRARY FOUNDATION OF LOS ANGELES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIBR | BusinessNameControlTxt |
| Phone | 2132287500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEN BRECHER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2132287500 | PhoneNum |
| Signature | 2019-04-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DONITA M JOSEPH | PreparerPersonNm |
| PTIN | P00286656 | PTIN |
| Phone | 5624351191 | PhoneNum |
| Preparation | 2019-04-22 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.215.11.242 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-04-23 | IPDt |
| IP Tm | 10:16:34 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5D04C9354A80B93E424F24406112F0168D52D17D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | FAA4A87504889BA9051C5890A3D1561A7470D032 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEN BRECHER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,150,219 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LFLA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT THE LOS ANGELES PUBLIC LIBRARY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 49 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 48 | VotingMembersIndependentCnt |
| Total Employee | 59 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $18,518 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,096,508 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,430,066 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $94,904 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $91,980 | CYProgramServiceRevenueAmt |
| PY Investment Income | $635,506 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,031,233 | CYInvestmentIncomeAmt |
| PY Other Revenue | $236,815 | PYOtherRevenueAmt |
| CY Other Revenue | -$56,891 | CYOtherRevenueAmt |
| PY Total Revenue | $8,063,733 | PYTotalRevenueAmt |
| CY Total Revenue | $7,496,388 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $23,482 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $40,397 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,142,544 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,604,084 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,028,447 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,639,167 | PYOtherExpensesAmt |
| CY Other Expenses | $2,648,615 | CYOtherExpensesAmt |
| PY Total Expenses | $6,805,193 | PYTotalExpensesAmt |
| CY Total Expenses | $7,293,096 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,258,540 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $203,292 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $45,445,188 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,093,445 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $625,016 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $617,078 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $44,820,172 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $47,476,367 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FOUNDATION SUPPORTS AND ENRICHES THE CAPABILITIES, RESOURCES, AND SERVICES OF THE LOS ANGELES PUBLIC LIBRARY THROUGH FUNDRAISING, ADVOCACY, AND INNOVATIVE PROGRAMS THAT BENEFIT THE DIVERSE COMMUNITY AND PROMOTE GREATER AWARENESS OF THE LIBRARY'S VALUABLE RESOURCES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,873,802 | ExpenseAmt |
| Desc | INVESTING IN LIFELONG LEARNINGTHE FOUNDATION IS COMMITTED TO BREAKING CYCLES OF LOW LITERACY BY SUPPORTING THE LIBRARY IN WORKING WITH CHILDREN AND THEIR PARENTS/CAREGIVERS AT ALL 73 LIBRARY LOCATIONS, AND IN PARTNERSHIP WITHLOCAL SCHOOLS, CLINICS, AND COMMUNITY ORGANIZATIONS, TO EXTEND LIBRARYRESOURCES TO AS MANY PARENTS AND EDUCATORS AS POSSIBLE. THE FOUNDATIONRAISES SUPPORT FOR THE LIBRARY TO OFFER A SERIES OF LITERACY RELATEDACTIVITIES FOR CHILDREN THROUGH THE USE OF COMPUTER AIDES/CYBERNAUTS. THE FOUNDATION ALSO FUNDS A VARIETY OF ADULT LITERACY INITIATIVES WHICH HELP ADULTS IMPROVE THEIR READING AND WRITING ABILITIES IN ORDER TO SUCCEED IN LIFE, BREAK THE CYCLE OF ILLITERACY AND FOSTER A LOVE OF LIFELONG READING. THE FOUNDATION ALSO PROVIDES SUPPORT FOR THE LIBRARY'S SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH PROJECTS VIA THE FULL STEAM AHEAD PROGRAM AS WELL AS FUNDS CAREER ONLINE HIGH SCHOOL, OFFERING ADULTS AN OPPORTUNITY TO EARN AN ACCREDITED HIGH SCHOOL DIPLOMA. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,857,109 | ExpenseAmt |
| Grant | $40,397 | GrantAmt |
| Revenue | $91,980 | RevenueAmt |
| Desc | ENGAGING THE IMAGINATIONTHROUGHOUT THE YEAR, THE FOUNDATION BRINGS MANY ESTABLISHED AND EMERGING AUTHORS, POETS, JOURNALISTS, ACADEMICS, AND ARTISTS FOR PUBLIC EVENTS. THE FOUNDATION ALSO SEEKS TO PROVIDE LIBRARY AWARENESS, INSPIRE AND CHALLENGE PEOPLE WITH FREE EXHIBITIONS AND UNIQUE PUBLIC PROGRAMMING THAT EXPLORES ART AND LITERATURE, THE CULTURAL LANDSCAPE OF LOS ANGELES, AND THE VAST COLLECTIONS OF THE LIBRARY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,717,238 | ExpenseAmt |
| Desc | HELPING STUDENTS SUCCEEDTHE FOUNDATION SUPPORTS LIBRARY PROGRAMS AND SERVICES THAT PROVIDE STUDENTS WITH FREE ONLINE TUTORING, TEST PREP AND COLLEGE PREP WORKSHOPS (I.E., SAT/ACT/PSAT EXAMS), SPACES TO USE COMPUTERS AND DO HOMEWORK, AND MORE. THE FOUNDATION-FUNDED TEENS LEADING CHANGE PROGRAM PROVIDES TEENS OPPORTUNITIES TO UNDERSTAND AND ENGAGE IN CIVICS IN THEIR COMMUNITIES. SUMMER AND WINTER READING CHALLENGES ENCOURAGE STUDENTS TO KEEP THEIR READING AND CRITICAL THINKING SKILLS STRONG DURING SCHOOL VACATIONS.THE PARTNERSHIP WITH HOSPITALS, HEALTH CARE PROVIDERS, DAYCARE CENTERS AND EARLY CHILDHOOD EDUCATION CENTERS HELP PARENTS START THEIR BABIES ON THE PATH TO LIFELONG SUCCESS THROUGH INITIATIVES LIKE READ BABY READ (RBR). AN EXPANSION OF THE WE READ TOGETHER PROGRAM, RBR, OFFERS NEW AND EXPECTING PARENTS WITH EVERYTHING THEY NEED TO DEVELOP EARLY LITERACY SKILLS IN THEIR BABIES AND TODDLERS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,448,149 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 189 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 59 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 49 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 48 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THERESA MORRISON CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2132287500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (56 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GWEN MILLER | ||||||
| CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROBERT ALVARADO | ||||||
| VICE-CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KAREN STEVENSON | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TOM GEISER | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DEBRA ALBIN-RILEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NADIA ALLAUDIN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BETSY APPLEBAUM | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DEBI BISHTON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANN BOYD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRENDON CASSIDY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ERIC CHAVES | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT CHICK | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CARLA CHRISTOFFERSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN COOKE | ||||||
| DIRECTOR, EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS CRAHAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT DAWSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUNITA DESHMUKH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARK EASTON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MONA EHRENREICH | ||||||
| DIRECTOR (THRU 12/31/17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATHRYN EIDMANN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| AMANDA FAIREY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARK HANDLER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SAMANTHA HANKS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DEAN HANSELL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NANCY HARAHAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DUSTIN HEALEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARK HUTCHINS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CATHERINE HUTTO-GORDON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DARREN JACKSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL JONES | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JUDITH KAMINS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PATRICIA KAO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL KELLEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALLEN KIRSCHENBAUM | ||||||
| DIRECTOR (THRU 09/01/17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MAI LASSITER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE LINDSEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ATTICA LOCKE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KENICHIRO MIZOGUCHI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TERYL MURABAYASHI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NICOLE NEEMAN BRADY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BERNARD PARKER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN PEER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAURA ROSENWALD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RACHEL SMALL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KIM SONNENBLICK | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LINDSEY SPINDLE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHARON TOMKINS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BETSY WANNER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JC WILEMAN | ||||||
| DIRECTOR (THRU 11/28/17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MASAHIKO MATT YAMAGUCHI | ||||||
| DIRECTOR (THRU 09/30/17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHANIE YONEKURA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN F SZABO | ||||||
| CITY LIBRARIAN | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ERIC GARCETTI | ||||||
| MAYOR OF LOS ANGELES | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KENNETH BRECHER | ||||||
| PRESIDENT | 60.00 | Yes (X) | Yes (X) | $485,000 | $0 | $46,544 |
| REBECCA SHEHEE | ||||||
| VICE PRESIDENT | 60.00 | Yes (X) | $257,250 | $0 | $22,932 | |
| THERESA MORRISON | ||||||
| CHIEF FINANCIAL OFFICER | 60.00 | Yes (X) | $171,794 | $0 | $20,812 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $914,044 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $90,288 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MANAGED CAREER SOLUTIONS INC | |||||
| 3333 WILSHIRE BOULEVARD SUITE 405 | LOS ANGELES | CA | 90010 | STAFFING FOR PROGRAM SERVICES | $473,366 |
| TUTORCOM | |||||
| 62996 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | ONLINE TUTORING SERVICE | $320,000 |
| POWERMYLEARNING INCCFY | |||||
| 520 8TH AVENUE 10TH FLOOR | NEW YORK | NY | 10018 | STAFFING FOR PROGRAM SERVICES | $262,703 |
| IES COMMERCIAL INC | |||||
| 2801 S FAIR LANE | TEMPE | AZ | 85282 | PUBLIC LIBRARY VIDEO WALL AND DESIGN | $124,333 |
| IRIDESCENT | |||||
| 532 WEST 22ND STREET | LOS ANGELES | CA | 90007 | STEAM PROFESSIONAL DEVELOPMENT | $102,781 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Membership Dues | $814,507 | MembershipDuesAmt |
| Fundraising | $1,264,387 | FundraisingAmt |
| Government Grants | $20,000 | GovernmentGrantsAmt |
| All Other Contributions | $4,331,172 | AllOtherContributionsAmt |
| Noncash Contributions | $162,830 | NoncashContributionsAmt |
| Total Contributions | $6,430,066 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | READING ALOUD PROGRAM | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $91,980 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $91,980 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $91,980 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $656,206 | TotalRevenueColumnAmt |
| Exclusion | $656,206 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,112,583 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,737,556 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $375,027 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $375,027 | TotalRevenueColumnAmt |
| Exclusion | $375,027 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $312,275 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,264,387 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $360,571 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$48,296 | TotalRevenueColumnAmt |
| Exclusion | -$48,296 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $547,109 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $555,704 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$8,595 | TotalRevenueColumnAmt |
| Exclusion | -$8,595 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,496,388 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $91,980 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $974,342 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,397 | TotalAmt |
| Program Services | $40,397 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $928,569 | TotalAmt |
| Program Services | $345,027 | ProgramServicesAmt |
| Management And General | $88,605 | ManagementAndGeneralAmt |
| Fundraising | $494,937 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,195,253 | TotalAmt |
| Program Services | $2,606,511 | ProgramServicesAmt |
| Management And General | $267,839 | ManagementAndGeneralAmt |
| Fundraising | $320,903 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,703 | TotalAmt |
| Program Services | $44,745 | ProgramServicesAmt |
| Management And General | $19,421 | ManagementAndGeneralAmt |
| Fundraising | $16,537 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,148 | TotalAmt |
| Program Services | $118,325 | ProgramServicesAmt |
| Management And General | $51,233 | ManagementAndGeneralAmt |
| Fundraising | $43,590 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,411 | TotalAmt |
| Program Services | $104,884 | ProgramServicesAmt |
| Management And General | $44,219 | ManagementAndGeneralAmt |
| Fundraising | $37,308 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481 | TotalAmt |
| Program Services | $481 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,500 | TotalAmt |
| Management And General | $38,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,806 | TotalAmt |
| Management And General | $99,806 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,928 | TotalAmt |
| Management And General | $13,928 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,216 | TotalAmt |
| Program Services | $249,448 | ProgramServicesAmt |
| Management And General | $8,768 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,606 | TotalAmt |
| Program Services | $29,482 | ProgramServicesAmt |
| Management And General | $102,900 | ManagementAndGeneralAmt |
| Fundraising | $108,224 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,246 | TotalAmt |
| Program Services | $11,058 | ProgramServicesAmt |
| Management And General | $5,188 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,694 | TotalAmt |
| Program Services | $36,643 | ProgramServicesAmt |
| Management And General | $24,051 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,078 | TotalAmt |
| Management And General | $33,078 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,988 | TotalAmt |
| Management And General | $3,988 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SEMINARS, EXHIBITS, AND | $1,040,627 | $1,040,627 | ||
| EVENTS | $376,186 | $359,920 | $9,318 | $6,948 |
| COMPUTER EQUIPMENT | $250,998 | $250,653 | $345 | |
| LIBRARY BOOKS | $35,879 | $35,879 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,382 | TotalAmt |
| Program Services | $174,069 | ProgramServicesAmt |
| Management And General | $5,313 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,293,096 | TotalAmt |
| Program Services | $5,448,149 | ProgramServicesAmt |
| Management And General | $816,500 | ManagementAndGeneralAmt |
| Fundraising | $1,028,447 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,393 | BOYAmt |
| EOY | $61,084 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,001 | BOYAmt |
| EOY | $72,866 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,554,192 | BOYAmt |
| EOY | $2,402,188 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,625 | BOYAmt |
| EOY | $129,816 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,420 | BOYAmt |
| EOY | $103,371 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $756,376 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $246,398 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $536,396 | BOYAmt |
| EOY | $509,978 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,333,372 | BOYAmt |
| EOY | $43,429,907 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $988,384 | BOYAmt |
| EOY | $883,838 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $470,405 | BOYAmt |
| EOY | $500,397 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,445,188 | BOYAmt |
| EOY | $48,093,445 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,249 | BOYAmt |
| EOY | $114,221 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $526,767 | BOYAmt |
| EOY | $502,857 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $625,016 | BOYAmt |
| EOY | $617,078 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,677,430 | BOYAmt |
| EOY | $20,739,255 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,164,029 | BOYAmt |
| EOY | $11,728,399 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,978,713 | BOYAmt |
| EOY | $15,008,713 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,820,172 | BOYAmt |
| EOY | $47,476,367 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,445,188 | BOYAmt |
| EOY | $48,093,445 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $203,292 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,422,911 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $29,992 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,186,308 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,922,813 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,990,277 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,096,508 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,430,066 | CurrentTaxYearAmt |
| Total | $31,625,972 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,186,308 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,922,813 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,990,277 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,096,508 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,430,066 | CurrentTaxYearAmt |
| Total | $31,625,972 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,511,386 | SubstantialContributorsTotAmt |
| Public Support Total170 | $28,114,586 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $945,678 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $664,315 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $559,665 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $555,293 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $656,206 | CurrentTaxYearAmt |
| Total | $3,381,157 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $35,007,129 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,897,167 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80310 | PublicSupportCY170Pct |
| Public Support PY170 | 0.73930 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,341,076 | BeginningYearBalanceAmt |
| Contributions | $30,000 | ContributionsAmt |
| Investment Earnings Or Losses | $3,340,372 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,329,470 | OtherExpendituresAmt |
| End Year Balance | $41,381,978 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,487,342 | BeginningYearBalanceAmt |
| Contributions | $1,529,100 | ContributionsAmt |
| Investment Earnings Or Losses | $4,581,389 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,256,755 | OtherExpendituresAmt |
| End Year Balance | $39,341,076 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,651,259 | BeginningYearBalanceAmt |
| Contributions | $2,012,250 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,017,491 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,158,676 | OtherExpendituresAmt |
| End Year Balance | $34,487,342 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,451,439 | BeginningYearBalanceAmt |
| Contributions | $995,870 | ContributionsAmt |
| Investment Earnings Or Losses | $242,130 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,038,180 | OtherExpendituresAmt |
| End Year Balance | $34,651,259 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,865,748 | BeginningYearBalanceAmt |
| Contributions | $600,000 | ContributionsAmt |
| Investment Earnings Or Losses | $4,947,605 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $961,914 | OtherExpendituresAmt |
| End Year Balance | $34,451,439 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.44000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.36000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.20000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $756,376 | OtherCostOrOtherBasisAmt |
| Depreciation | $246,398 | DepreciationAmt |
| Book Value | $509,978 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $509,978 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,570,279 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,422,911 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $165,090 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $29,992 | OtherRevenueAmt |
| Revenue Not Reported | $2,617,993 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,952,286 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $99,806 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$555,704 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$455,898 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,496,388 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,914,084 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $165,090 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $555,704 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $720,794 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,193,290 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $99,806 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $99,806 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,293,096 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT A VARIETY OF PURPOSES INCLUDING LITERACY, EDUCATION, AND HUMANITIES. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING CALIFORNIA REVENUE AND TAXATION CODE SECTIONS. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS FOUR YEARS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGES IN VALUE OF CHARITABLE REMAINDER TRUSTS 29,992. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LIBRARY STORE EXPENSES -555,704. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LIBRARY STORE EXPENSES 555,704. |
| SCHEDULE D, PART V, LINE 1E | THE LFLA HAS A BOARD APPROVED INVESTMENT PORTFOLIO POLICY STATEMENT IN PLACE FOR APPROPRIATING ENDOWMENT EXPENDITURES RANGING FROM 4% TO 6% OF THE GENERATED EARNINGS FROM THE ENDOWMENT FUND. THIS YEAR, THE FOUNDATION APPROPRIATED 4% (1,329,470) FROM THE UNRESTRICTED AND TEMPORARILY RESTRICTED ENDOWMENTS TO SUPPORT AND FUND THE FOUNDATION'S PROGRAMS AND OPERATIONS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | GRANTS TO RECIPIENTS LOCATED IN REGION | TypeOfActivitiesConductedTxt |
| Specific Services Provided | GRANTMAKING | SpecificServicesProvidedTxt |
| Region Total Expenditures | $40,397 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $40,397 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $40,397 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | TRAVEL STIPENDS AND PROGRAM EXPENSES FOR VARIOUS OAXACAN ARTISTS | TypeOfAssistanceTxt |
| Region | NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | RegionTxt |
| Recipient | 11 | RecipientCnt |
| Cash Grant | $40,397 | CashGrantAmt |
| Manner Of Cash Disbursement | CHECK AND/OR INTERNATIONAL WIRE | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IN FY 2017-2018, THE LIBRARY FOUNDATION OF LOS ANGELES (LFLA) DID NOT RECEIVE ANY GRANTS FROM OUTSIDE THE US. THE LFLA DID USE US GRANT FUNDS TO PAY VENDORS OUTSIDE THE US (I.E., OAXACA). THE PROCESS FOR MONITORING THE USE OF GRANTS FUNDS FOR PAYING VENDORS OUTSIDE THE US ARE DONE BY THE LFLA PERSONNEL; MORE SPECIFICALLY BY THE RELATED DEPARTMENTS (I.E., FUNDRAISING, PROGRAM AND ACCOUNTING). THE FOUNDATION ONLY PAYS THEM ONCE THEY ARE DETERMINED BY THE RELATED DEPARTMENTS. LFLA WILL PAY VIA CHECK OR INTERNATIONAL WIRE USING THE SAME CASH DISBURSEMENT AND INVOICE PROCESSING POLICIES AS DESCRIBED IN THE INTERNAL CONTROL NARRATIVE. LFLA PERSONNEL REVIEW QUARTERLY (OR EACH MONTH), A FINANCIAL REPORT THAT SHOWS THE ACTUAL EXPENSES IN COMPARISON TO THE PROPOSED BUDGET APPROVED IN THE GRANT AWARDED. ANY DIFFERENCES ARE REVIEWED BY THE PROGRAM AND ACCOUNTING DEPARTMENTS AND AMOUNTS GREATER THAN 10% MUST DISCUSSED WITH THE VP OF ADVANCEMENT AND EXPLAINED IN THE FINANCIAL REPORT. ALL ORIGINAL RECEIPTS ARE SENT TO THE LIBRARY FOUNDATION ALONG WITH THE REQUEST FOR PAYMENT AS SUPPORT. GRANTEES ALSO SUBMIT A NARRATIVE REPORT DETAILING PROJECT ACTIVITIES AND ACCOMPLISHMENTS UPON PROJECT COMPLETION. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | LITERARY CELEBRATIONS | Event1Nm |
| Gross Receipts Event1 | $1,305,150 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,004,062 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $301,088 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $6,366 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $43,237 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $231,283 | OtherDirectExpensesEvent1Amt |
| Event2 | YOUNG LITERATI TOAST | Event2Nm |
| Gross Receipts Event2 | $159,096 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $153,733 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $5,363 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $21,900 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $30,285 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $3,319 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $11,192 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $112,416 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $106,592 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $5,824 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $12,989 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,576,662 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,264,387 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $312,275 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $28,266 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $73,522 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,319 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $255,464 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $360,571 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$48,296 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KENNETH BRECHER | ||||||||||||||
| PRESIDENT | $290,000 | $0 | $195,000 | $0 | $0 | $0 | $10,800 | $0 | $35,744 | $0 | $531,544 | $0 | $0 | $0 |
| REBECCA SHEHEE | ||||||||||||||
| VICE PRESIDENT | $157,250 | $0 | $100,000 | $0 | $0 | $0 | $7,562 | $0 | $15,370 | $0 | $280,182 | $0 | $0 | $0 |
| THERESA MORRISON | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $146,794 | $0 | $25,000 | $0 | $0 | $0 | $6,739 | $0 | $14,073 | $0 | $192,606 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $141,252 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $14,630 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | CATERING | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,948 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT COMMITTEE MEETS WITH THE RETURN PREPARERS TO REVIEW THE DRAFT 990, ASK QUESTIONS, AND SUGGEST REVISIONS (USUALLY AT THE JANUARY BOARD AND COMMITTEE MEETINGS). THE DRAFT 990 IS SENT TO ALL BOARD MEMBERS. THEY ARE INVITED TO SPEAK WITH THE AUDIT COMMITTEE MEMBERS AND TAX PREPARERS (WINDES), IF THEY SO WISH. THE CFO AGAIN REVIEWS THE 990 (USUALLY AT THE MARCH OR APRIL BOARD AND COMMITTEEE MEETINGS) WITH REVISIONS, IF ANY, BEFORE FILING. UPON REQUEST, THE CFO WILL ALSO MEET WITH INDIVIDUAL BOARD MEMBERS TO ANSWER ANY QUESTIONS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY APPLIES TO: 1) VOTING MEMBERS OF THE BOARD OF DIRECTORS, 2) OFFICERS AS DEFINED IN THE FOUNDATION'S BYLAWS; OR 3) AN EMPLOYEE OF THE FOUNDATION WITH A SIGNIFICANT DECISION-MAKING ROLE IN THE AFFAIRS OR THE OPERATIONS OF THE FOUNDATION, ON AN ANNUAL BASIS. THE DIRECTORS, OFFICERS OR EMPLOYEES ARE REQUIRED TO DISCLOSE ANY RELATIONSHIPS THAT MAY LEAD TO CONFLICTS OF INTEREST AND MUST SIGN AND RETURN THE POLICY EVERY YEAR. THE LAST COMPREHENSIVE REVIEW AND UPDATE TO THIS POLICY WAS COMPLETED IN 2015. |
| FORM 990, PART VI, SECTION B, LINE 15 | AN AD HOC COMMITTEE OF THE BOARD'S EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE PRESIDENT. THE COMMITTEE SURVEYS MANY OTHER COMPARABLE ORGANIZATIONS AS WELL AS CONSULTS INDEPENDENT FIRMS TO DETERMINE A FAIR COMPENSATION. THE AMOUNTS DETERMINED ARE THEN TAKEN TO THE 12 MEMBER EXECUTIVE COMMITTEE FOR APPROVAL. IN 2016-2017, THE ORGANIZATION ISSUED A COMPREHENSIVE REQUEST FOR PROPOSAL FOR A COMPENSATION AND BENEFITS STUDY. VIVIENT CONSULTING WAS HIRED IN FY 2017-2018 (AUGUST 2017) AND AN OVERVIEW OF THE PROJECT WAS PROVIDED TO THE EXECUTIVE COMMITTEE IN OCTOBER 2017. THE STUDY WAS COMPLETED IN JANUARY 2018 AND A REPORT ISSUED. A COPY OF THIS REPORT CAN BE OBTAINED FROM THE CHAIR OF OUR BOARD, GWEN MILLER OR FROM: 400 CONTINENTAL BOULEVARD, 6TH FLOOR, EL SEGUNDO, CA 90245 CONTACT: SUSAN SCHROEDER, SSCHROEDER@VIVIENT.COM. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FINANCIAL STATEMENTS AS WELL AS THE FORM 990 AND THE IRS DETERMINATION LETTER ARE AVAILABLE VIA THE ORGANIZATION'S WEBSITE, WWW.LFLA.ORG, UNDER THE "ABOUT" SECTION, UNDER "FINANCIALS" SECTION OF THE WEBSITE AND CLICK ON "AUDITED FINANCIALS AND "IRS FORM 990 AND "IRS DETERMINATION LETTER". THOSE DOCUMENTS, AS WELL AS OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE MAIN OFFICE OF THE ORGANIZATION. |
| FORM 990, PART VIII, LINE 10B | COST OF GOODS SOLD INCLUDES ALL COSTS OF OPERATING THE LIBRARY STORE. |
| FORM 990, PART IX | AS PART OF ITS RECURRING STRATEGIC PLANNING PROCESS, THE FOUNDATION REVIEWS ITS PROGRAMS AND THE ALLOCATION OF EXPENSES TO THOSE PROGRAMS. |
| FORM 990, PART I, LINE 8; PART VIII, LINE 1F; PART X, LINE 3 | 2018 ADDITIONAL ENDOWED GIFTS DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $25,000 FOR THE CLARE PATTERSON HUTOO ENDOWMENT FOR A TOTAL OF $175,000. THIS ENDOWMENT WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LOS ANGELES PUBLIC LIBRARY'S LIVE HOMEWORK PROGRAM. DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $10,000 FOR THE DEAN HANSELL ENDOWMENT FOR A TOTAL OF $40,000. THIS ENDOWMENT WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LOS ANGELES PUBLIC LIBRARY'S ADULT LITERACY PROGRAM. DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $10,000 FOR THE LYNN STRASBURG MILLER ENDOWMENT FOR A TOTAL OF $80,000. THIS ENDOWMENT WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LOS ANGELES PUBLIC LIBRARY'S STUDENT ZONES PROGRAM. DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED A BEQUEST, FROM THE ESTATE OF RICHARD MCKAY, OF $10,000 FOR THE GREGORY PECK LITERARY ENDOWMENT FOR A TOTAL OF $833,949. THIS ENDOWMENT WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING CULTURAL PROGRAMS. DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $250,000 FOR THE EDYTHE BROAD TECHNOLOGY FUND FOR STUDENTS FOR A TOTAL OF $750,000. THE PURPOSE OF THIS ENDOWMENT IS TO ENSURE STATE-OF-THE-ART COMPUTERS, LAPTOPS, TABLETS AND PRINTERS ARE AVAILABLE TO YOUNG PEOPLE AT THE 38 STUDENT ZONES OF THE LOS ANGELES PUBLIC LIBRARY. ALL OF THESE GIFTS ARE PERMANENTLY RESTRICTED AND ONLY EARNINGS FROM THESE FUNDS ARE DESIGNATED TO SUPPORT THESE PROGRAMS. 2018 BEQUEST DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL UNRESTRICTED BEQUEST, FROM THE ESTATE OF BARBARA TOOHEY, TOTALING $656,694 FOR THE PURPOSE OF SUPPORTING THE ORGANIZATION. OF THIS AMOUNT, $550,000 IS PLEDGED. 2018 BEQUEST DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN UNRESTRICTED BEQUEST, FROM THE ESTATE OF ARLINE ZUCKERMAN, TOTALING $275,000 FOR THE PURPOSE OF SUPPORTING THE ORGANIZATION. OF THIS AMOUNT $92,000 IS PLEDGED. 2018 BEQUEST DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN UNRESTRICTED BEQUEST, FROM THE ESTATE OF ANN ALBERT, TOTALING $164,239 FOR THE PURPOSE OF SUPPORTING THE ORGANIZATION. 2018 BEQUEST DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN UNRESTRICTED BEQUEST, FROM THE ESTATE OF MARJORIE AQUILINO, TOTALING $50,000 FOR THE PURPOSE OF SUPPORTING THE ORGANIZATION. 2018 BEQUEST DURING THE YEAR ENDED JUNE 30, 2018, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN UNRESTRICTED BEQUEST, FROM THE ESTATE OF MILTON KRIEGER, TOTALING $50,000 FOR THE PURPOSE OF SUPPORTING THE ORGANIZATION. |
| PART VIII | THE FOUNDATION OPERATES A GIFT STORE LOCATED IN THE HISTORIC LOS ANGELES CENTRAL LIBRARY. THE LIBRARY STORE WAS REMODELED IN 2016, AFTER 18 YEARS, IN ORDER TO REFRESH THE APPEARANCE AND BRING IT INTO FULL ADA COMPLIANCE. THE LIBRARY STORE SALES SUPPORT THE LOS ANGELES PUBLIC LIBRARY. |
| FORM 990, PART IX, LINE 7 | OTHER SALARIES AND WAGES ALSO INCLUDE ADULT LITERACY COORDINATORS, COMPUTER AIDES, AND ALL STAFF NECESSARY TO CARRY OUT PROGRAM SERVICES WITHIN THE 72 BRANCHES OF THE LOS ANGELES PUBLIC LIBRARY SYSTEM. |
| 990, PART IX, LINE 12 | MARKETING AND PROMOTIONAL COSTS OF $258,216 INCLUDE ADVERTISING AND COLLATERAL MATERIALS FOR PROGRAMS OFFERED TO THE PUBLIC SUCH AS SIGNAGE, POSTERS, FLYERS, BOOKMARKS, BROCHURES, BOOK BAGS, AND GAME BOARDS, DISTRIBUTED THROUGH SCHOOLS, COMMUNITY ORGANIZATIONS, AND BRANCH LIBRARIES. |
| FORM 990, PART XI, LINE 9: | CHANGES IN VALUE OF CHARITABLE REMAINDER TRUSTS 29,992. |
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