EIN 92-0072826

Fairbanks Library Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1979
Most recent tax filings
2023-12-01
Description
The Fairbanks Library Foundation supports borough libraries, expands facilities, funds reading programs, and manages an art collection.
Total revenues
$594,281
2023
Total expenses
$413,245
2023
Total assets
$2,542,344
2023
Num. employees
0
2023

Program areas at Fairbanks Library Foundation

Building expansion and management of art collection: fees paid for art acquisitions, as well as storage and insurance on the art collection, which was donated to the Foundation and is maintained for use in borough Library facilities. Pieces from the collection are on display at local libraries. Additionally, the noel wien Library expansion project began in late 2023.
Community outreach: the Foundation supports community outreach efforts in borough libraries by providing funding grants for reading incentive programs, including the cabin fever program, a summer reading program for adults, and raven about reading, which offers a specially designed Library card for 1st and 2nd graders. The Foundation provided supplies and furnishings to borough libraries,and hosts and staffs an annual booth at the tanana valley state fair.

Who funds Fairbanks Library Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Rasmuson FoundationNoel Wien Library Renovation and Expansion$450,000
Schwab Charitable FundEducation$10,000

Personnel at Fairbanks Library Foundation

NameTitleCompensation
Michelle DamlPresident$0

Financials for Fairbanks Library Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$504,929
Program services$0
Investment income and dividends$89,620
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-268
Miscellaneous revenues$0
Total revenues$594,281

Form 990s for Fairbanks Library Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-09-10990View PDF
2019-122020-12-14990View PDF
...and 6 more Form 990s
Data update history
December 28, 2024
Received grants
Identified 1 new grant, including a grant for $450,000 from Rasmuson Foundation
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsLibraries and archivesCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 72363
Fairbanks, AK 99707
Metro area
Fairbanks, AK
County
Fairbanks North Star Borough, AK
Website URL
thelibraryfoundation.org 
Phone
(907) 687-3296
IRS details
EIN
92-0072826
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B70: Libraries, Library Science
NAICS code, primary
51912: Libraries and Archives
Parent/child status
Independent
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