2018-10-11T15:48:06-05:00 2017-12-31 911397083 HEARTHSTONE CPA GROUP PS 4312 KITSAP WAY SUITE 102 BREMERTON WA 98312 990 2017-01-01 910757660 BAINBRIDGE PUBLIC LIBRARY BAIN 2068424162 P O BOX 11815 BAINBRIDGE ISLAND WA 98110 ERIC R WEISSMAN BOARD TREASURER 2068424162 2018-10-10 1 DENNIS R TREGER CPA P00046914 3604794611 2018-10-10 173.160.251.34 2018-10-10 09:14:16 PD P 0E928C0200428CB814CABDAB0A16FD33F077CDE4 E0DFA40CDA6E7894023B1B6955DDF13AAAE18E2F 2017 2018-06-14 16:35:46Z ERIC R WEISSMAN P O BOX 11815 BAINBRIDGE ISLAND WA 98110 1565636 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 0 208 26076 6565 446980 1335343 676 0 44314 67317 21509 26930 513479 1429590 0 0 0 0 0 0 0 0 15841 232066 267473 232066 267473 281413 1162117 4633852 5942353 249817 192930 4384035 5749423 THE ORGANIZATION'S PRIMARY MISSION IS TO OPERATE AND MAINTAIN THE BAINBRIDGE PUBLIC LIBRARY BUILDING AND GROUNDS AND TO ENSURE A VIBRANT PUBLIC LIBRARY ON BAINBRIDGE ISLAND. 0 0 222458 BAINBRIDGE PUBLIC LIBRARY (BPL) PROVIDED AN INVITING COMMUNITY LIBRARY SPACE FOR OVER 200,000 VISITORS IN 2017. BPL PROVIDED ALL UTILITIES, MAINTENANCE, AND REPAIR OF THE FACILITIES AND GROUNDS. BPL COMPLETED THE UPDATING AND REMODELING OF THE LIBRARY INTERIOR IN 2017. BAINBRIDGE PUBLIC LIBRARY SUPPORTS THE PROFESSION OF LIBRARIANS THROUGH THE CINDY HARRISON LIBRARY SCHOLARSHIP FUND, WHICH PROVIDES SCHOLARSHIPS TO KITSAP REGIONAL LIBRARY EMPLOYEES OR VOLUNTEERS, WHO ARE ATTENDING AN APPROVED GRADUATE PROGRAM TOWARDS AN MLS DEGREE. 222458 1 1 0 0 0 0 0 1 0 1 1 1 0 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 0 0 0 1 11 0 1 0 1 1 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 THE ORGANIZATION 2068424162 1270 MADISON AVE N BAINBRIDGE ISLAND WA 981102721 X ERIC PETERSEN PRESIDENT 20.00 X 0 0 0 CLAUDIA ANDERSON VICE PRESIDENT 2.00 X 0 0 0 ERIC WEISSMAN TREASURER 10.00 X 0 0 0 NANCY TAYLOR SECRETARY 2.00 X 0 0 0 BERNIE BAKER BOARD MEMBER 8.00 X 0 0 0 CARYL GROSCH BOARD MEMBER 4.00 X 0 0 0 MARY HALL BOARD MEMBER 2.00 X 0 0 0 STEPHANIE HILLIER BOARD MEMBER 2.00 X 0 0 0 CAROL SCHUYLER BOARD MEMBER 4.00 X 0 0 0 JUDITH TINGLEY BOARD MEMBER 2.00 X 0 0 0 HILDA WIENS BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 PHC CONSTRUCTION 710 NE JOHN NELSON LANE BAINBRIDGE ISLAND WA 98110 CONSTRUCTION OF REFRESH PROJECT 823802 1 14700 1320643 20072 1335343 53327 53327 106790 83409 23381 23381 23381 66627 52578 59 14049 -59 13990 13990 0 14700 0 0 LIBRARY BOARDROOM RENT 531190 2695 2695 VENDOR REFUND 900099 854 854 3549 1429590 854 26076 67317 18301 324 14839 3138 1284 642 642 3355 3007 348 32772 29495 3277 200 200 100767 100767 4616 3828 788 REPAIR & MAINTENANCE 67854 61069 6785 OTHER FUNDRAISING EXPEN 12061 12061 LEVY LID LIFT 10000 10000 MISCELLANEOUS 6068 3384 2684 10195 9742 453 267473 222458 29174 15841 318782 30168 819884 344448 5095662 1910684 2101843 3184978 526437 1346486 866906 1036273 4633852 5942353 7676 8530 242141 184400 249817 192930 X 3681763 5098252 87622 12521 614650 638650 4384035 5749423 4633852 5942353 X 1162117 204131 -856 -4 X X 0 1 X 1 0 X 246913 261365 289609 446980 277990 1522857 11104 9503 10113 676 0 31396 258017 270868 299722 447656 277990 1554253 0 0 0 1554253 56323 66860 59954 65823 79403 328363 56323 66860 59954 65823 79403 328363 314340 337728 359676 513479 357393 1882616 0.82560 0.84090 0.17440 0.15910 X X X 0 0 862793 24000 141382 1750 1026425 779061 83732 862793 749815 58000 -26754 2000 779061 676368 49650 26797 3000 749815 560540 51000 66828 2000 676368 0 0 867968 867968 3529505 1748483 1781022 592301 137821 454480 105888 24380 81508 3184978 EMERGING MARKETS STOCK INDEX 141686 F EUROPEAN STOCK INDEX 137463 F HI-YIELD CORPORATE BONDS 128501 F INFLATION PROTECTED SECURITIES 126268 F PACIFIC STOCK INDEX 143451 F PRECIOUS METALS & MINING 66662 F REIT INDEX FUND 64794 F SHORT-TERM CORPORATE INVESTMENT GRADE BONDS 120251 F SMALL CAP INDEX 207686 F TOTAL STOCK MARKET INDEX 209724 F 1346486 MEMORIAL AND SCULPTURES 1898 ENDOWMENT (2 ACCOUNTS) 1026426 LEASE COMMISSION 2999 HVAC WORK IN PROGRESS 4950 1036273 X 1717187 204131 83466 287597 1429590 0 1429590 350944 83471 83471 267473 0 267473 PART X, LINE 2: THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILING 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, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX AT DECEMBER 31, 2017. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES THAT IT IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES RELATED TO IHLAND WAY 83,409. LOSS ON SALE OF PROPERTY 59. ROUNDING -2. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES RELATED TO IHLAND WAY 83,409. LOSS ON SALE OF PROPERTY 59. ROUNDING 3. 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; PUZZLE TABLES; A RAINBOW OF SIX STORY STOOLS; 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). 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 VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 AND FORM 990-T ARE 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 XI, LINE 9: ROUNDING -4. 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.