philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

The Mountain Brook Library Foundation

Tax-deductible

Mountain Brook, AL501(c)(3)Since 1993Education EIN 58-2094979Revenue $557K in FY2025

On file with the IRSoneallibrary.org/support-mblf-221050 Oak Street, 35213-4219 · Mountain Brook, ALTax-exempt since Feb 2020Supporting org, Type I — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The purpose of the Mountain Brook Library Foundation is to support the mission of the o'neal Library by delivering financial support for the goals and objectives as stated in the Library strategic plan.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Run by 19 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $294K a year · 59% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Plus $8.9M in investments, Pt X · Ln 11–13
Looks good: 22.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $46K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$557K
+12% vs prior year
Spent
$314K
To programs
71%
Net assets
$10.0M
By yearFY2020–FY2025
Revenue
$557K
FY2025▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$747K
FY2021$495K
FY2022$342K
FY2023$334K
FY2024$497K
FY2025$557K
Expenses
$314K
FY2025▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2020$135K
FY2021$153K
FY2022$193K
FY2023$182K
FY2024$232K
FY2025$314K
Net assets
$10.0M
FY2025▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.1M
FY2021$7.5M
FY2022$6.4M
FY2023$7.3M
FY2024$9.0M
FY2025$10.0M

From the FY2025 Form 990 (year ending September 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2020.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $224K Management & general 19% · $59K Fundraising 10% · $31K

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

Something off? Claim to add context

Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Brad Powell
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Mary Jane Gillum
Board Member
$0Pt VII · Sec A
Kitty Rogers Brown
Board Member
$0Pt VII · Sec A
Derek Belden
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Mountain Brook Library Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aNo

Programs and updates

Provides financial support for library goals and objectives.

Questions for The Mountain Brook Library Foundation

Tap to ask. The Mountain Brook Library Foundation sees how many people are interested.

Your first name shows with your question. The Mountain Brook Library Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $224K · in their own filed words · FY2024
01

The objective of the foundation is to define the scope and appropriateness of the grants; to preserve and build the assets of the foundation and protect the purchasing power of donor's gifts; to provide predictability for the foundation's annual grantmaking budget; to set policies with respect to the foundation's spending for grants…

$224Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
The Community Foundation of GreaterFY2024$24K
Reach FoundationFY2024$15K
Raymond J and Kathryn D Harbert FoundationFY2024$5K
The James Barnett Chenoweth Memorial Foundation INCFY2024$1K
Donald M James Family FoundationFY2024$1K
The Faulkner Family FoundationFY2024$200
Total grants receivedfrom 6 funders$46K
See all 6 funders →

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$557K
Ln 12
Gifts and grantsLn 1h$316K
Investment incomeLn 3$241K
Money outPt IX
$314K
Ln 25
Programscol B$224K
Managementcol C$59K
Fundraisingcol D$31K
Owns and owesPt X
$10.0M
net assets · Ln 32
Cash and savingsLn 1–2$584K
Total assetsLn 16$10.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$316K
Investment incomeLn 3$241K
Total revenueLn 12$557K
Assets in detailPt X, end of year
CashLn 1$584K
Cash and savings togetherLn 1–2$584K
InvestmentsLn 11–13$8.9M
Land, buildings, equipmentLn 10c$553K
Total assetsLn 16$10.0M
LiabilitiesLn 26$0
Net assetsLn 32$10.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 619
Fiscal year endsHeaderSeptember
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 FY25End FY25
Cash and savingsLn 1–2$39K$584K
InvestmentsLn 11–13$6.3M$8.9M
Land, buildings, equipmentLn 10c$553K$553K
Total assetsLn 16$9.0M$10.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$9.0M$10.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Investment management feesLn 11f$47K$47K
Other fees for servicesLn 11g$195K$183K$12K
Advertising and promotionLn 12$26K$26K
Office expensesLn 13$10K$10K
OccupancyLn 16$6K$6K
Other expenses (24a–d)Ln 24$31K$25K$800$5K
Total functional expensesLn 25$314K$224K$59K$31K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $557K$314K$243K$10.0M 990 PDF
FY2024 $497K$232K$265K$9.0M 990 PDF
FY2023 $334K$182K$152K$7.3M 990 PDF
FY2022 $342K$193K$149K$6.4M 990 PDF
FY2021 $495K$153K$342K$7.5M 990 PDF
FY2020 $747K$135K$611K$6.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $557,466 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $303,500$316,365
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $193,509$241,101
I-11 Other revenuePrior year $10$0
I-12 Total revenuePrior year $497,019$557,466
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $232,427$314,278
I-18 Total expensesPrior year $232,427$314,278
I-19 Revenue less expensesPrior year $264,592$243,188
Part VI · Governance 19 of 19 board members independent, 1 to look at
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $557,466 across 4 lines filed
VIII-1f All other contributions, gifts and grants$316,365
VIII-1h Total contributions, gifts and grants$316,365
VIII-3 Investment incomeExcluded from tax $241,101$241,101
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $241,101$557,466
Part IX · Statement of functional expenses $314,278 across 6 lines filed
IX-11f Investment management feesManagement $46,663$46,663
IX-11g Other fees for servicesPrograms $183,315 · Management $12,000$195,315
IX-12 Advertising and promotionFundraising $26,082$26,082
IX-13 Office expensesPrograms $9,802$9,802
IX-16 OccupancyPrograms $5,735$5,735
IX-24 Other expenses (24a–d)Programs $24,920 · Management $800 · Fundraising $4,961$30,681
IX-25 Total functional expensesPrograms $223,772 · Management $59,463 · Fundraising $31,043$314,278
Part X · Balance sheet $10,033,643 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $39,476$584,261
X-10c Land, buildings and equipment, netStart of year $552,610$552,610
X-12 Other securitiesStart of year $6,335,905$8,896,772
X-16 Total assetsStart of year $9,006,984$10,033,643
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $5,669,533$6,661,390
X-28 Net assets with donor restrictionsStart of year $3,337,451$3,372,253
X-32 Total net assets or fund balancesStart of year $9,006,984$10,033,643
X-33 Total liabilities and net assetsStart of year $9,006,984$10,033,643
Part XI · Reconciliation of net assets $10,033,643 net assets at year end
XI-1 Total revenue$557,466
XI-2 Total expenses$314,278
XI-3 Revenue less expenses$243,188
XI-4 Net assets at start of year$9,006,984
XI-5 Net unrealized gains (losses) on investments$783,471
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,033,643

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.