The Library Foundation INC

Tax-deductible

Gillette, WY501(c)(3)EIN 83-0234279

Support of the library programs at campbell county public library.

501(c)(3) charity; gifts are tax-deductible.
25¢ of each $1 spent went to programs.
Run by 91 volunteers and 1 employee.
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
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
3 of 3
years in the black
Looks good: no deficit in the last 3 filings.
Pt I · Ln 19 · 3 filings
How much reaches the programs?
25%
of spending
Concern: 25% of spending went to programs; under 50% is a concern.
Pt IX · Ln 25 · col B
Do they have reserves?
8 mo
of spending, in cash
Looks good: 8.3 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $11K
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$904K
liabilities
Looks good: debts are 28% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
8
independent of 8 voting board members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$376K
+27% vs prior year
Spent
$143K
To programs
25%
Net assets
$2.3M
By yearFY2021–FY2024
Revenue
$376K
FY2024▲ +27%
Revenue by fiscal year
FY2021$697K
FY2023$296K
FY2024$376K
Expenses
$143K
FY2024▲ +27%
Expenses by fiscal year
FY2021$74K
FY2023$113K
FY2024$143K
Net assets
$2.3M
FY2024▲ +11%
Net assets by fiscal year
FY2021$3.3M
FY2023$2.1M
FY2024$2.3M

From the FY2024 Form 990 (year ending June 2024) · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2024 — 3 yrs ago
Legal name (IRS)Hdr · item CThe Library Foundation INC
EINHdr · item D83-0234279
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFDec 1976
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CGillette, WY
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.59 Fundraising $0.16
Program services25%$36K
Management & general59%$84K
Fundraising16%$23K
Total functional expensesLn 25$143K

Financial health

Is it on solid ground?

Program efficiency
25%
of spending reaches programs▼ -50% vs prior filing year
Operating runway
268.7mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
+62%
revenue over expenses, this year-0.05% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$3.2M
FY2024▲ +8%
Total assets by fiscal year
FY2021$3.3M
FY2023$3.0M
FY2024$3.2M
Total liabilities
$904K
FY2024+0.3%
Total liabilities by fiscal year
FY2021$18K
FY2023$901K
FY2024$904K
Revenue less expensesPt I · Ln 19$233K
Total assetsPt X · Ln 16$3.2M
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1$99K
Total assetsLn 16$3.2M
Total liabilitiesLn 26$904K
Total net assetsLn 32$2.3M
Months of cash on handcomputed8.3

Statement of Revenue

Part VIII
Other revenue$330K · 88%
Contributions & grants$30K · 8%
Program service revenue$16K · 4%
Other revenue88%$330K
Contributions & grants8%$30K
Program service revenue4%$16K
Investment income$66
— government grantsLn 1e$19K
Total revenueLn 12$376K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.2M · Operating expenses/yr $143K
268.7 months
Where the money goes
Program services
Program services $36K · Total expenses $143K
25%
Management & General
Management & general $84K · Total expenses $143K
59%
Fundraising
Fundraising $23K · Total expenses $143K
16%
Cost to raise $1
Fundraising expense (2-yr avg) $18K · Solicited contributions (2-yr avg) $12K
$1.49 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $30K · Total revenue $376K
8%
Government reliance
Government grants $19K · Total revenue $376K
5%
Earned-income share
Program service revenue $16K · Total revenue $376K
4%
Investment reliance
Investment income $66 · Total revenue $376K
+0.02%
Program self-sufficiency
Program service revenue $16K · Total expenses $143K
11%
Growth & trend
Revenue growth (YoY)
This year $376K · Prior year $296K
+27%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $376K · Expenses $143K
+62%
Liabilities-to-Assets
Total liabilities — · Total assets $3.2M
—
Net-asset ratio
Net assets $2.3M · Total assets $3.2M
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.2M
96%
People & payroll
Highest Reported Total Compensation
Individual Terri Lesley · Reported title LIBRARY DIRE · Highest reported compensation $0 · Total expenses $143K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5K · Total expenses $143K
4%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 25%——
Overhead ratio 59%——
Fundraising cost ratio 75%——
Revenue growth 27%——
Investment management fee ratio 0.7%——
Legal fee ratio 0.7%——
Accounting fee ratio 4%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Library Dire
$0Pt VII · Sec A
Library Dire
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See The Library Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 8Voting board membersPt VI · Ln 1a
  • 8Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Funds library programs at Campbell County Public Library.

Provided by the organization

This section is blank until The Library Foundation INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

3 program services account for $28K of program spending, described in the organization's own filed words · FY2023.
01

Staff Support

A top goal for the library is to foster staff development and a positive organizational culture. The library foundation supports this goal by assisting with costs for staff training and related travel as well as for expenses related to staff appreciation.

$16Kprogram expense
02

The library foundation is the fiscal sponsor of the dolly parton program. They agreed to be the fiscal sponsor because the project supports early literacy, which is also the purpose of the library. Fundraising is handled by two community members who took on this community project.

$12Kprogram expense
03

Art

Artwork is purchased for the campbell county public library for display. These pieces are purchased and maintained by the foundation.

Pt IX · col B

Run this program? Claim this org to tell your story

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
Total grants receivedfrom 1 funder$11K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $376K$143K+27% 990 PDF
FY2023 $296K$113K-57% 990 PDF
FY2022 Not on file
FY2021 $697K$74K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like The Library Foundation INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 peer-cohort and compensation comparisons above.