Humboldt Library Foundation EIN 91-1879359 Form 990 (PDF) Claim this org

Humboldt Library Foundation

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Supports and funds library programs, technology, and educational offerings to enrich community learning. For fiscal year 2025 it reported $506K in revenue, $323K in expenses, and $1.6M in net assets.Pt I

Founded
1997
Type
Public charity (501(c)(3)) · Education
Location
Eureka, CA
Website
humboldtlibraryfoundation.org
Filings
6 on file (2020–2025)
Revenue
$506KFY2025
Expenses
$323K
Net assets
$1.6M
People
14
Filings
6
Updates
0
More identity details & actions ⌄
EIN  91-1879359 Public charity (501(c)(3)) Eureka, CA Founded 1997
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports and funds library programs, technology, and educational offerings to enrich community learning.
Leadership
Alison Talbott · President
Money in and out
$506K revenue, $323K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$506K
Pt VIII · Ln 12
Total expenses
$323K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $183K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
58.7mo
months of highly liquid reserves at operating expense rate▼ -31% vs prior filing year
Surplus margin
+36%
revenue over expenses, this year▼ -0.6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$506K
FY2025▲ +73%
Expenses
$323K
FY2025▲ +74%
Total assets
$1.6M
FY2025▲ +21%
Total liabilities
$0
FY2025
Total revenue
$506K
Pt VIII · Ln 12
Total expenses
$323K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$183K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHumboldt Library Foundation
EINHdr · item D91-1879359
Principal addressHdr · item CEureka, CA
WebsiteHdr · item Jhumboldtlibraryfoundation.org
Year of formationHdr · item L1997
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B80)
Ruling yearIRS BMFMar 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
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
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $314K of program spending, described in the organization's own filed words · FY2025.
01

To support the humboldt county public library.

$314Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$321K · 63%
Other revenue$110K · 22%
Investment income$75K · 15%
Contributions & grants63%$321K
Other revenue22%$110K
Investment income15%$75K
Total revenueLn 12$506K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$323K
Total functional expensesLn 25$323K

Balance Sheet

Part X · end of year
CashLn 1$1.6M
Total assetsLn 16$1.6M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.6M
Months of cash on handcomputed58.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.6M · Operating expenses/yr $323K
58.7 months
Where the money goes
Program services
Program services $323K · Total expenses $323K
100%
Management & General
Management & general $0 · Total expenses $323K
0%
Fundraising
Fundraising $0 · Total expenses $323K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $192K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $321K · Total revenue $506K
63%
Government reliance
Government grants — · Total revenue $506K
Earned-income share
Program service revenue $0 · Total revenue $506K
0%
Investment reliance
Investment income $75K · Total revenue $506K
+15%
Program self-sufficiency
Program service revenue $0 · Total expenses $323K
0%
Growth & trend
Revenue growth (YoY)
This year $506K · Prior year $293K
+73%
Revenue CAGR
FY2020 $186K · FY2025 $506K
+22%
Net-asset trend (YoY)
End of year $1.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $506K · Expenses $323K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.6M · Total assets $1.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alison Talbott · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $323K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $32K · Total expenses $323K
10%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 73%

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 3 funders$24K
See all 3 funders →
Grants paid · 6 grants · $893K · 2020–2025
Humboldt County LibraryFY2025$255,937
Humboldt County LibraryFY2024$131,681
Humboldt County LibraryFY2023$105,100
Humboldt County LibraryFY2022$157,550
Humboldt County LibraryFY2021$101,072
Humboldt County LibraryFY2020$141,495

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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)$506K revenue · viewing · ⤓ 990 PDF
FY2024$293K revenue · ⤓ 990 PDF
FY2023$197K revenue · ⤓ 990 PDF
FY2022$204K revenue · ⤓ 990 PDF
FY2021$302K revenue · ⤓ 990 PDF
FY2020$186K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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