QUEENS LIBRARY FOUNDATION INC

JAMAICA, NY, 11432-5242 (718) 990-0700 Est. 1988 EIN 11-3009405
Form 990 501(c)(3)
www.FOUNDATION.QUEENSLIBRARY.ORG

Mission

THE QUEENS LIBRARY FOUNDATION IS THE FUNDRAISING ARM OF QUEENS PUBLIC LIBRARY. INCORPORATED IN 1988, THE MISSION OF THE QUEENS LIBRARY FOUNDATION IS TO RAISE FUNDS FROM FOUNDATIONS, CORPORATIONS, AND PRIVATE INDIVIDUALS TO SUPPORT THE TENS OF THOUSANDS OF FREE PROGRAMS AND SERVICES OFFERED BY QUEENS PUBLIC LIBRARY.

Giving Portfolio

Total Grants
6
Total Giving
$10.9M
Recipients
6
Years Active
2017 - 2023
Avg grant: $1,821,805 Median: $1,548,899

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$2.3M $2.3M01
20221$3.2M $3.2M01
20211$1.7M $1.7M01
20201$986K $986K01
20191$1.4M $1.4M01
20171$1.3M $1.3M10

Sectors Funded

Education
6

Top States

New York
6

Grantee Size Profile

Over $50M
6

Top Grantees

$10.9M

Grants Awarded · 6 grants

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Financials

Total Revenue
$3,441,111
Total Expenses
$3,759,730
Net Assets
$24,223,990
152 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
6.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 25.4%
Expenses ↓ 19.4%
Revenue Sources
Contributions 82.3% Investment 17.7%
Expense Breakdown
Program 61.5% Management 9.4% Fundraising 29.1%

Officers & Trustees (24)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990$3,441,111 $3,759,730$24,223,990
2022 Form 990$2,744,295 $4,667,087$21,973,319
2021 Form 990$4,902,562 $3,725,847$22,142,858
2020 Form 990$2,851,185 $2,848,417$24,352,593
2019 Form 990$3,364,668 $3,506,352$20,255,422
2017 Form 990$4,202,758 $3,110,678$19,684,742

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EIN: 11-3009405 · Source: IRS Form 990 e-file data