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

Library Foundation of Los Angeles

Providing support for the Los Angeles Public Library

impact data icon

Impact Information is available from our partner, GuideStar

four stars

90.15

630 West Fifth Street Los Angeles, CA 90071
tel: (213) 228-7500   Web Site
EIN: 95-4368250

Board Leadership
Gwen Miller
Chair

CEO
Ken Brecher
President

  Score
(out of 100)
Rating
Overall Score & Rating 90.15 four stars
  Financial 87.97 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

The Library Foundation of Los Angeles supports and enriches the capabilities, resources and services of the Los Angeles Public Library. The Library Foundation was founded in 1992 to raise private sector support to benefit the entire Library system. We accomplish our mission through fundraising, advocacy, and innovative programs that benefit our diverse community and promote greater awareness of the Library's valuable resources. Our support complements, but does not supplant, the City's responsibility for funding the Los Angeles Public Library's operations. To date, the foundation has raised more than $75 million to help support the Central Library and its 71 neighborhood branches.

The Library Foundation of Los Angeles supports and enriches the capabilities, resources and services of the Los Angeles Public Library. The Library Foundation was founded in 1992 to raise private sector support to benefit the entire Library system. We accomplish our mission through fundraising, advocacy, and innovative programs that benefit our diverse community and promote greater awareness of the Library's valuable resources. Our support complements, but does not supplant, the City's responsibility for funding the Los Angeles Public Library's operations. To date, the foundation has raised more than $75 million to help support the Central Library and its 71 neighborhood branches.

Impact Information

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This impact information is current as of July 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

87.97

Accountability & Transparency

four stars

93.00

This rating was published 09/03/2019 and includes data from FY2018, 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)
75.2%
  Administrative Expenses 10.9%
  Fundraising Expenses 13.8%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 4.74
  Program Expenses Growth 4.8%
  Liabilities to Assets 1.2%
All data for Financial Performance Metrics calculations was provided by Library Foundation of Los Angeles on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Library Foundation of Los Angeles on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Library Foundation of Los Angeles (CA) 90.15 four stars
The Seattle Public Library Foundation (WA) 96.11 four stars
The Library Foundation (OR) 93.53 four stars
Friends of the Hennepin County Library (MN) 92.21 four stars
Nantucket Atheneum (MA) 88.49 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,331,172
   Federated Campaigns $0
   Membership Dues $814,507
   Fundraising Events $1,264,387
   Related Organizations $0
   Government Grants $20,000
Total Contributions $6,430,066
   Program Service Revenue $91,980
Total Primary Revenue $6,522,046
   Other Revenue $974,342
TOTAL REVENUE $7,496,388
   
EXPENSES  
   Program Expenses $5,448,149
   Administrative Expenses $816,500
   Fundraising Expenses $1,028,447
TOTAL FUNCTIONAL EXPENSES $7,293,096
   
Payments to Affiliates $0
Excess (or Deficit) for the year $203,292
   
Net Assets $47,476,367

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
Investing in Lifelong Learning $1,873,802 34.4%
Engaging the Imagination $1,857,109 34.1%
Helping Students Succeed $1,717,238 31.5%

Ratings History
Library Foundation of Los Angeles has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 90.15 four stars
2017-06 09/01/2018 94.18 four stars
2016-06 03/01/2018 93.87 four stars
2015-06 10/01/2016 93.42 four stars
2014-06 06/01/2016 91.33 four stars
 
CN 2.0
2014-06 11/01/2015 92.20 four stars
2013-06 12/01/2014 92.60 four stars
2012-06 10/01/2013 88.21 three stars
2011-06 12/01/2012 85.82 three stars
2011-06 05/01/2012 85.55 three stars
2010-06 09/20/2011 87.14 three stars
 
CN 1.0
2009-06 11/01/2010 69.11 one star
2008-06 08/01/2009 84.77 three stars
2007-06 07/01/2008 81.49 three stars
2006-06 04/01/2007 91.23 four stars
2005-06 05/01/2006 82.89 three stars
2004-06 04/01/2005 84.31 three stars
2003-06 05/01/2004 91.78 four stars
2002-06 04/15/2003 85.62 three stars
2001-06 10/15/2002 97.79 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 95-4368250
Name in IRS Master File LIBRARY FOUNDATION OF LOS ANGELES
NTEE Code B76
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 (320) Boy Scouts, Girl Scouts, etc.
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 June, 1992
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
$485,000 6.65% Kenneth Brecher President

Highly Rated

Charity Name & State Overall Score Overall Rating
Library Foundation of Los Angeles (CA) 90.15 four stars
The Seattle Public Library Foundation (WA) 96.11 four stars
Friends of the San Francisco Public Library (CA) 86.61 three stars
The Free Library of Philadelphia (PA) 86.21 three stars
Greenwich Library (CT) 87.49 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Library Foundation of Los Angeles
630 West Fifth Street
Los Angeles, CA 90071
tel: (213) 228-7500
EIN: 95-4368250

Visit Web Site

Board Leadership

Gwen Miller
Chair

CEO

Ken Brecher
President

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