Sun Prairie Public Library Foundation INC

Tax-deductible

Sun Prairie, WI501(c)(3)EducationEIN 39-1988151Revenue $2.5M in FY2024

On file with the IRSsunlibfoundation.org1350 Linnerud Dr, 53590-2631 · Sun Prairie, WITax-exempt since Jul 2000Publicly supported charity — 170(b)(1)(A)(vi)

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Making the Sun Prairie Public Library the best IT can be.

501(c)(3) charity; gifts are tax-deductible.
36¢ of each $1 spent went to programs.
Run by 24 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $819K a year · 81% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
36%
of spending
Concern: 36% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
to officers and key staff · 33% of spending
Top officer’s pay lower than 79% of similar orgs
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
29 mo
of spending, in cash
Looks good: 28.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $176K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
+180% vs prior year
Spent
$248K
To programs
36%
Net assets
$5.1M
By yearFY2020–FY2024
Revenue
$2.5M
FY2024▲ +180%
Tap a bar for its year
Revenue by fiscal year
FY2020$516K
FY2021$272K
FY2022$861K
FY2023$896K
FY2024$2.5M
Expenses
$248K
FY2024▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$72K
FY2021$104K
FY2022$258K
FY2023$276K
FY2024$248K
Net assets
$5.1M
FY2024▲ +76%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$1.8M
FY2022$2.2M
FY2023$2.9M
FY2024$5.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

36 cents of each dollar spent went to programs.

Program services 36% · $89K Management & general 41% · $101K Fundraising 24% · $58K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$82,598Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Theresa Stevens’s $83K as Executive Dir. is at the 21st percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Theresa Stevens$82,598$77,250$75,000$26,037

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Sun Prairie Public Library Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports the public library to be the best it can be.

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Provided by the organization

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1 program · $89K · in their own filed words · FY2024
01

The sun prairie public library foundation (SPPLF) is a non-profit, 501c3 organization whose sole purpose is to support the sun prairie public library (SPPL) to be the best library it can be. In 2023 the SPPLF focused fundraising on a capital campaign for the expansion of the library.

$89Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 5 grants · $115K · 2020–2024
Sun Prairie Public LibraryFY2024$36,950
Sun Prairie Public LibraryFY2023$26,500
Sun Prairie Public LibraryFY2022$16,956

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.5M
Ln 12
Gifts and grantsLn 1h$2.3M
Investment incomeLn 3$184K
Other incomeLn 4–11$13K
Money outPt IX
$248K
Ln 25
Programscol B$89K
Managementcol C$101K
Fundraisingcol D$58K
Owns and owesPt X
$5.1M
net assets · Ln 32
Cash and savingsLn 1–2$592K
Total assetsLn 16$5.2M
LiabilitiesLn 26$7K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$21K
Fundraising eventsLn 1c$12K
Investment incomeLn 3$184K
Other incomeLn 4–11$13K
Gains on assetsLn 7$20K
Total revenueLn 12$2.5M
Assets in detailPt X, end of year
CashLn 1$276K
SavingsLn 2$316K
Cash and savings togetherLn 1–2$592K
InvestmentsLn 11–13$4.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$5.2M
LiabilitiesLn 26$7K
Net assetsLn 32$5.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.3M$592K
InvestmentsLn 11–13$1.3M$4.2M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$2.9M$5.2M
LiabilitiesLn 26$21K$7K
Net assetsLn 32$2.9M$5.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$37K$37K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$83K$21K$25K$37K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$25K$6K$8K$11K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$437$109$131$197
Payroll taxesLn 10$8K$2K$2K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$42K$42K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$18K$16K$946$1K
Office expensesLn 13$2K$479$574$861
Information technologyLn 14$10K$6K$2K$3K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$368$442$662
Other expenses (24a–d)Ln 24$13K$63$13K$113
All other expensesLn 24e$0
Total functional expensesLn 25$248K$89K$101K$58K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.5M$248K$2.3M$5.1M 990 PDF
FY2023 $896K$276K$620K$2.9M 990 PDF
FY2022 $861K$258K$603K$2.2M 990 PDF
FY2021 $272K$104K$168K$1.8M 990 PDF
FY2020 $516K$72K$443K$1.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $2,511,164 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $800,000$2,313,994
I-9 Program service revenue$0
I-10 Investment income$184,233
I-11 Other revenuePrior year $45,065$12,937
I-12 Total revenuePrior year $845,065$2,511,164
I-13 Grants and similar amounts paidPrior year $26,500$36,950
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $117,139$116,496
I-16a Professional fundraising feesPrior year $15,000$0
I-17 Other expenses$94,377
I-18 Total expensesPrior year $158,639$247,823
I-19 Revenue less expensesPrior year $686,426$2,263,341
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,511,164 across 10 lines filed
Lines not itemized here account for $1,028 of total revenue; see the IRS return.
VIII-1c Fundraising events$12,250
VIII-1e Government grants$20,687
VIII-1f All other contributions, gifts and grants$2,281,057
VIII-1h Total contributions, gifts and grants$2,313,994
VIII-3 Investment incomeExcluded from tax $164,178$164,178
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $20,055$20,055
VIII-8 Net income from fundraising events$11,909
VIII-12 Total revenueExcluded from tax $185,261$2,511,164
Part IX · Statement of functional expenses $247,823 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $36,950$36,950
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $20,650 · Management $24,779 · Fundraising $37,169$82,598
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $6,350 · Management $7,619 · Fundraising $11,430$25,399
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $109 · Management $131 · Fundraising $197$437
IX-10 Payroll taxesPrograms $2,015 · Management $2,419 · Fundraising $3,628$8,062
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $42,305$42,305
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $6,752$6,752
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $15,916 · Management $946 · Fundraising $1,419$18,281
IX-13 Office expensesPrograms $479 · Management $574 · Fundraising $861$1,914
IX-14 Information technologyPrograms $5,775 · Management $1,857 · Fundraising $2,785$10,417
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $368 · Management $442 · Fundraising $662$1,472
IX-24 Other expenses (24a–d)Programs $63 · Management $13,060 · Fundraising $113$13,236
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $88,675 · Management $100,884 · Fundraising $58,264$247,823
Part X · Balance sheet $5,154,025 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $525,614$275,606
X-2 Savings and temporary cash investmentsStart of year $752,003$315,992
X-3 Pledges and grants receivableStart of year $410,187$359,161
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $2,578$5,048
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $1,252,971$4,194,795
X-12 Other securitiesStart of year $1,839$3,423
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,945,192$5,154,025
X-17 Accounts payable and accrued expensesStart of year $21,029$7,171
X-26 Total liabilitiesStart of year $21,029$7,171
X-27 Net assets without donor restrictionsStart of year $1,643,070$3,413,451
X-28 Net assets with donor restrictionsStart of year $1,281,093$1,733,403
X-32 Total net assets or fund balancesStart of year $2,924,163$5,146,854
X-33 Total liabilities and net assetsStart of year $2,945,192$5,154,025
Part XI · Reconciliation of net assets $5,146,854 net assets at year end
XI-1 Total revenue$2,511,164
XI-2 Total expenses$247,823
XI-3 Revenue less expenses$2,263,341
XI-4 Net assets at start of year$2,924,163
XI-5 Net unrealized gains (losses) on investments−$40,650
XI-10 Net assets at end of year$5,146,854

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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