Pima County Library Foundation EIN 86-1034492 Form 990 (PDF) Claim this org

Pima County Library Foundation FY2020 filing

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Funds public library programs and services through donations and endowments. For fiscal year 2020 it reported $82K in revenue, $155K in expenses, and $808K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Tucson, AZ
Website
www.pimalibraryfoundation.org
Filings
6 on file (2020–2020)
Revenue
$82KFY2020
Expenses
$155K
Net assets
$808K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  86-1034492 Public charity (501(c)(3)) Tucson, AZ
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Funds public library programs and services through donations and endowments.
Leadership
Linda Arzoumanian · Board Member
Money in and out
$82K revenue, $155K expenses
Bottom line
23% program efficiency
Where the money goes · FY2020
Total revenue
$82K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$808K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$74K
Where spending went · Part IX cols B–D
Program services $0.23 Management & general $0.77
Program efficiency
23%
of spending reaches programs
Operating runway
63.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-90%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$82K
FY2020
Expenses
$155K
FY2020
Total assets
$825K
FY2020
Total liabilities
$17K
FY2020
Total revenue
$82K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$808K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$74K
Total assetsPt X · Ln 16$825K
Program-expense ratioPt IX · col B23%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $36K of program spending, described in the organization's own filed words · FY2019.
01

The mission of the pima library foundation is to raise endowment and program funds to support and augment the services of the pima county public library system.

$36Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPima County Library Foundation
EINHdr · item D86-1034492
Principal addressHdr · item CTucson, AZ
WebsiteHdr · item Jwww.pimalibraryfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B117)
Ruling yearIRS BMFJul 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Ex Officio
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Thomas Cashman$21,667$65,000$65,291$27,350
Pi Polletta$25,231

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.

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Statement of Revenue

Part VIII
Contributions & grants$79K · 96%
Other revenue$3K · 4%
Contributions & grants96%$79K
Other revenue4%$3K
Investment income$183
Total revenueLn 12$82K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.23 Management & general $0.77
Program services23%$36K
Management & general77%$119K
Total functional expensesLn 25$155K

Balance Sheet

Part X · end of year
CashLn 1$261K
Total assetsLn 16$825K
Total liabilitiesLn 26$17K
Total net assetsLn 32$808K
Months of cash on handcomputed20.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $825K · Operating expenses/yr $155K
63.8 months
Where the money goes
Program services
Program services $36K · Total expenses $155K
23%
Management & General
Management & general $119K · Total expenses $155K
77%
Fundraising
Fundraising $0 · Total expenses $155K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $79K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $79K · Total revenue $82K
96%
Government reliance
Government grants — · Total revenue $82K
Earned-income share
Program service revenue $0 · Total revenue $82K
0%
Investment reliance
Investment income $183 · Total revenue $82K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $155K
0%
Growth & trend
Revenue growth (YoY)
This year $82K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $808K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $82K · Expenses $155K
-90%
Liabilities-to-Assets
Total liabilities — · Total assets $825K
Net-asset ratio
Net assets $808K · Total assets $825K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $564K · Total assets (Pt X, ln 16) $825K
68%
People & payroll
Highest Reported Total Compensation
Individual Linda Arzoumanian · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $155K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $88K · Total expenses $155K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 23%
Overhead ratio 77%
Fundraising cost ratio 0%
Legal fee ratio 0.6%
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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$8K
Grants paid · 6 grants · $222K · 2019–2023
Pima County LibraryFY2023$40,000
Pima County LibraryFY2022$42,000
Pima County LibraryFY2021$53,700
Pima County LibraryFY2020$50,000
Pima County LibraryFY2019$6,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$181K revenue · ⤓ 990 PDF
FY2024$113K revenue · ⤓ 990 PDF
FY2023$109K revenue · ⤓ 990 PDF
FY2022$82K revenue · ⤓ 990 PDF
FY2021$532K revenue · ⤓ 990 PDF
FY2020$82K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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