EIN 11-3009405

The Queens Library Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1988
Most recent tax filings
2023-06-01
Description
The Queens Library Foundation benefits, assists and supports Queens Public Library, its community libraries, divisions, collections and successors, in all of its activities. It serves as the fundraising arm of Queens Public Library and has raised over $1 million to support career and educational pathways for youth and teens, entrepreneurship programs for aspiring entrepreneurs and small business owners, after school programs. Its headquarters are located in Jamaica, NY.
Related structure
The Queens Library Foundation is a subordinate organization under Queens Library (QL).
Total revenues
$2,744,295
2023
Total expenses
$4,667,087
2023
Total assets
$22,275,764
2023
Num. employees
0
2023

Program areas at The Queens Library Foundation

The Queens Library Foundation raised $2,108,161 from foundations, corporations and individuals to support the programs, activities and collections of Queens Public Library. This included restricted grants totaling $270,536 for out-of-school literacy and enrichment programs for children; $192,849 for digital literacy and other re-entry programs for formerly incarcerated individuals; $170,000 for job training and entrepreneurship; $113,300 for programs and collections at Flushing Library; $55,000 for hip hop programs; and $40,000 to support co-branded library cards to encourage new card sign ups among school children and adults. The Queens Library Foundation continued to manage multi-year grants secured in previous years which resulted in the clean-up, beautification, furnishing and maintenance of 6 library gardens which are now open to library customers; the installation of extended WiFi in over 50 libraries which has resulted in an almost four-fold increase in WiFi sessions; the launch of new college-readiness programs; digital literacy training for teens and others who borrow hot spot devices and laptops from the library; and enrichment and literacy activities for children and youth. Unrestricted grants and contributions awarded to the Queens Library Foundation were used to support a variety of programs and services throughout the library system. These include $101,258 in mini-grants of $2,500 distributed to library branches throughout the system for programs, activities and collections; $98,468 in Innovation Fund grants to support ten new innovative projects developed by individual libraries and departments; and $26,673.50 for Culture Pass, which provides free tickets to cultural institutions and events for our customers, and brings cultural events to our libraries. The Queens Library Foundation also secures in-kind donations to help support the Library's programs and activities. In FY2023, this included 810 backpacks stuffed with school supplies for back to school giveaways; 490 new books for our collections and for giveaways at events; 20 boxes of t-shirts and other sports memorabilia, 1,500 baseball hats, and 600 sports towels to distribute as giveaways and incentives for clubs and events; 198 cases of bottled water and other beverages for redistribution at mobile food pantries; and two museum quality traveling exhibits for display at our libraries.

Who funds The Queens Library Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Andrew W. Mellon FoundationTo Support the Development of the Queens Memory Monuments Project$150,000
New York Life FoundationEduc. General$125,000
Tides FoundationQuality Education$75,000
...and 25 more grants received totalling $770,829

Personnel at The Queens Library Foundation

NameTitleCompensation
Dennis M. WalcottPresident and Chief Executive Officer$93,819
Sung KimChief Operating Officer and Senior Vice President$5,011
Stephen MackChief Financial Officer$936
Nick BuronChief Librarian and Senior Vice President$8,244
Justin DeablerGeneral Counsel and Senior Vice President$10,396
...and 12 more key personnel

Financials for The Queens Library Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,995,653
Program services$0
Investment income and dividends$524,736
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$223,906
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,744,295

Form 990s for The Queens Library Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-28990View PDF
2022-062023-03-30990View PDF
2021-062022-04-05990View PDF
2020-062021-04-14990View PDF
2019-062020-10-07990View PDF
...and 10 more Form 990s
Data update history
October 19, 2024
Updated personnel
Identified 5 new personnel
October 19, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Warburg Pincus Foundation
July 23, 2024
Received grants
Identified 4 new grant, including a grant for $50,000 from The Bank of America Charitable Foundation
May 19, 2024
Received grants
Identified 4 new grant, including a grant for $75,000 from Tides Foundation
May 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
SchoolsLibraries and archivesChapter / child organizationsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsNational levelEndowed supportGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
89-11 Merrick Blvd
Jamaica, NY 11432
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Queens County, NY
Website URL
queenslibrary.org/support/about-queens-public-library-foundation 
Phone
(718) 990-0700
IRS details
EIN
11-3009405
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
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
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0261678
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-20
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