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Arts, Culture, Humanities : Libraries, Historical Societies and Landmark Preservation (Grantmaking)

Louisville Free Public Library Foundation

Library Champions.

four stars

93.15

301 York Street Louisville, KY 40203
tel: (502) 574-1654   Web Site
EIN: 61-0969361

Board Leadership
Stephen C. Gault
Chair

CEO
Chandra Gordon
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 93.15 four stars
  Financial 91.18 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 08/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The Louisville Free Public Library Foundation was founded for the purpose of benefiting, promoting, supporting, and enhancing the programs and services of the Louisville Free Public Library, whose mission is to provide the people of Metro Louisville with the broadest possible access to knowledge, ideas, and information and to support them in their pursuit of learning. Through its support of the public library, the Library Foundation serves the entire Metro Louisville area.

The Louisville Free Public Library Foundation was founded for the purpose of benefiting, promoting, supporting, and enhancing the programs and services of the Louisville Free Public Library, whose mission is to provide the people of Metro Louisville with the broadest possible access to knowledge, ideas, and information and to support them in their pursuit of learning. Through its support of the public library, the Library Foundation serves the entire Metro Louisville area.

Financial

four stars

91.18

Accountability & Transparency

four stars

96.00

This rating was published 08/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.9%
  Administrative Expenses 6.8%
  Fundraising Expenses 7.1%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.15
  Program Expenses Growth 4.2%
  Liabilities to Assets 38.2%
All data for Financial Performance Metrics calculations was provided by Louisville Free Public Library Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Louisville Free Public Library Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Louisville Free Public Library Foundation (KY) 93.15 four stars
Library Foundation of Los Angeles (CA) 94.18 four stars
Westerly Public Library and Wilcox Park (RI) 91.84 four stars
Greenwich Library (CT) 89.39 three stars
Chicago Public Library Foundation (IL) 93.56 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,125,674
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,125,674
   Program Service Revenue $0
Total Primary Revenue $1,125,674
   Other Revenue $729,307
TOTAL REVENUE $1,854,981
   
EXPENSES  
   Program Expenses $3,138,481
   Administrative Expenses $219,804
   Fundraising Expenses $223,819
TOTAL FUNCTIONAL EXPENSES $3,582,104
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,727,123
   
Net Assets $9,818,973

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
Support Education Programs at Louisville Library $3,138,481 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 08/01/2018 93.15 four stars
2016-06 08/01/2017 89.39 three stars
2015-06 11/01/2016 98.23 four stars
2014-06 06/01/2016 93.65 four stars
 
CN 2.0
2014-06 10/01/2015 84.98 three stars
2013-06 06/01/2014 96.06 four 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 61-0969361
Name in IRS Master File LOUISVILLE FREE PUBLIC LIBRARY FOUNDATION INC
NTEE Code B70
NTEE Classification Libraries
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (61) Library
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, 1980
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$90,084 2.51% Chandra Gordon Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Louisville Free Public Library Foundation (KY) 93.15 four stars
Chicago Public Library Foundation (IL) 93.56 four stars
The Free Library of Philadelphia (PA) 92.74 four stars
The New York Public Library (NY) 91.19 four stars
Greenwich Library (CT) 89.39 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Louisville Free Public Library Foundation
301 York Street
Louisville, KY 40203
tel: (502) 574-1654
fax: (502) 574-1734
EIN: 61-0969361

Visit Web Site

Board Leadership

Stephen C. Gault
Chair

CEO

Chandra Gordon
Executive Director

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