The Library Foundation INC
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Provides extra funds and support to help the library system be a vital community resource. For fiscal year 2025 it reported $368K in revenue, $290K in expenses, and $4.4M in net assets.Pt I
Summary of the Filing
Where the work happens
Annual distribution from our unrestricted funds held by the manatee community foundation. We budget 3.5% from the restricted funds. The county representative drafts requests for the funding which are materials for the libraries that would not be available through traditional funding.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 63% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 67% | — | — |
| Revenue growth | -69% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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