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Arts, Culture, Humanities : Libraries, Historical Societies and Landmark Preservation

Chicago Public Library Foundation

Supporting the freedom of all Chicagoans to read, to learn and to discover

four stars

90.94

20 North Michigan Avenue Suite 520
Chicago, IL 60602
tel: (312) 201-9830   Web Site
EIN: 36-3480353

Board Leadership
Robert A. Wislow
Chairman

CEO
Rhona Frazin
President & CEO

 
 
  Score
(out of 100)		 Rating
Overall Score & Rating 90.94 four stars
  Financial 87.19 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Why isn't this based on more recent data?

Learn more about how we calculate the overall score and rating.

Financial

three stars

87.19

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)		 78.1%
  Administrative Expenses 8.2%
  Fundraising Expenses 13.5%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 3.73
  Program Expenses Growth 5.7%
  Liabilities to Assets 0.9%
All data for Financial Performance Metrics calculations was provided by Chicago Public Library Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Chicago Public Library Foundation on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Chicago Public Library Foundation (IL) 90.94 four stars
Library Foundation of Los Angeles (CA) 93.42 four stars
The New York Public Library (NY) 91.76 four stars
St. Louis Public Library Foundation (MO) 86.82 three stars
Nantucket Atheneum (MA) 89.45 three stars

Compare These Charities (Highly Rated)

The Chicago Public Library Foundation was established in 1986 as an independent educational organization dedicated to working with the City of Chicago in a true public/private partnership to enrich the collections and programs of the Chicago Public Library. The Foundation has provided start-up funding for new programs, such as technology and expanded Sunday and evening service hours, that are now included in the Library's city-funded budget. The Foundation also provides on-going funding for collections, book acquisition and a variety of community-based programs that contribute to the excellence of the Library.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,244,096
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,222,358
   Related Organizations $0
   Government Grants $0
Total Contributions $7,466,454
   Program Service Revenue $0
Total Primary Revenue $7,466,454
   Other Revenue $883,215
TOTAL REVENUE $8,349,669
   
EXPENSES  
   Program Expenses $4,865,966
   Administrative Expenses $500,697
   Fundraising Expenses $890,674
TOTAL FUNCTIONAL EXPENSES $6,257,337
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,092,332
   
Net Assets $32,631,677

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Building Academic Success and Love of Reading $2,212,984 45.5%
Public Access $1,616,589 33.2%
Library Collections $1,036,393 21.3%

Ratings History
Chicago Public Library Foundation has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 06/01/2017 90.94 four stars
2014-12 06/01/2016 93.36 four stars
 
CN 2.0
2014-12 12/22/2015 88.75 three stars
2013-12 11/01/2014 93.35 four stars
2012-12 05/01/2014 87.49 three stars
2011-12 05/01/2013 90.36 four stars
2011-12 12/20/2012 89.96 three stars
2011-12 10/01/2012 92.73 four stars
2010-12 04/01/2012 96.11 four stars
2009-12 09/20/2011 90.20 four stars
 
CN 1.0
2009-12 02/01/2011 90.41 four stars
2008-12 03/01/2010 90.33 four stars
2007-12 12/01/2008 92.69 four stars
2006-12 02/01/2008 92.48 four stars
2005-12 08/01/2007 85.42 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-3480353
Name in IRS Master File CHICAGO PUBLIC LIBRARY FOUNDATION
NTEE Code B71
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1987
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$201,880 3.22% Rhona Frazin President, CEO

The Chicago Public Library Foundation was established in 1986 as an independent educational organization dedicated to working with the City of Chicago in a true public/private partnership to enrich the collections and programs of the Chicago Public Library. The Foundation has provided start-up funding for new programs, such as technology and expanded Sunday and evening service hours, that are now included in the Library's city-funded budget. The Foundation also provides on-going funding for collections, book acquisition and a variety of community-based programs that contribute to the excellence of the Library.

Highly Rated

Charity Name & State Overall Score Overall Rating
Chicago Public Library Foundation (IL) 90.94 four stars
Louisville Free Public Library Foundation (KY) 98.23 four stars
St. Louis Public Library Foundation (MO) 86.82 three stars
Tulsa Library Trust (OK) 86.44 three stars
Nashville Public Library Foundation (TN) 90.75 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Chicago Public Library Foundation
20 North Michigan Avenue
Suite 520
Chicago, IL 60602
tel: (312) 201-9830
fax: (312) 201-9833
EIN: 36-3480353

Visit Web Site

Board Leadership

Robert A. Wislow
Chairman

CEO

Rhona Frazin
President & CEO

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