Burlingame Library Foundation FY2021 filing

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The goals of the Foundation are to: * enhance the collection * provide community access to state of the art information technology * support creative programs that contribute to an enriched community life * preserve and maintain the historic buildings and their interiors.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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 $174K a year · 46% 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
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
34 mo
of spending, in cash
Plus $1.7M in investments, Pt X · Ln 11–13
Looks good: 33.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $77K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$104K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$330K
+70% vs prior year
Spent
$110K
To programs
89%
Net assets
$1.9M
By yearFY2020–FY2025
Revenue
$330K
FY2021▲ +70%
Tap a bar for its year
Revenue by fiscal year
FY2020$194K
FY2021$330K
FY2022$427K
FY2023$307K
FY2024$588K
FY2025$406K
Expenses
$110K
FY2021▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$122K
FY2021$110K
FY2022$186K
FY2023$239K
FY2024$248K
FY2025$307K
Net assets
$1.9M
FY2021▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$1.9M
FY2022$1.7M
FY2023$2.0M
FY2024$2.3M
FY2025$2.6M

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1995.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $98K Management & general 11% · $12K

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

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Who runs it and what they're paid

24 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Asst Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sarah Simson’s $50K as Executive Director is at the 41st percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Sarah Simson$49,792$46,901$42,168$32,100

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.

See Burlingame Library Foundation executive salaries →

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

Raises funds and acquires assets to benefit and promote the public library.

Questions for Burlingame Library Foundation

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3 programs · $98K · in their own filed words · FY2021
01

Support burlingame public library with cash and equipment to be used for collection enhancement and special programs.

$95Kprogram expense
02

Publication and disbursement of annual foundation newsletter.

$3Kprogram expense
03

Library employee appreciation.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 6 grants · $904K · 2020–2025
Burlingame Public LibraryFY2025$230,600
Burlingame Public LibraryFY2024$173,655
Burlingame Public LibraryFY2023$171,905
Burlingame Public LibraryFY2022$131,531
Burlingame Public LibraryFY2021$94,630
Burlingame Public LibraryFY2020$101,677

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$330K
Ln 12
Investment incomeLn 3$143K
Gifts and grantsLn 1h$117K
Other incomeLn 4–11$71K
Money outPt IX
$110K
Ln 25
Programscol B$98K
Managementcol C$12K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$310K
Total assetsLn 16$2.0M
LiabilitiesLn 26$104K
PeoplePt VI, VII
24
listed · VII A
PaidVII A0
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Noncash giftsLn 1g$3K
Investment incomeLn 3$143K
Other incomeLn 4–11$71K
Gains on assetsLn 7$111K
Total revenueLn 12$330K
Assets in detailPt X, end of year
CashLn 1$310K
Cash and savings togetherLn 1–2$310K
Accounts receivableLn 4$1K
InvestmentsLn 11–13$1.7M
Total assetsLn 16$2.0M
LiabilitiesLn 26$104K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 51
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$210K$310K
InvestmentsLn 11–13$1.5M$1.7M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.7M$2.0M
LiabilitiesLn 26$117K$104K
Net assetsLn 32$1.6M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$95K$95K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$805$805
Office expensesLn 13$970$970
Other expenses (24a–d)Ln 24$5K$3K$2K
Total functional expensesLn 25$110K$98K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 26, 2026 $406K$307K$99K$2.6M 990 PDF
FY2024Filed with the IRS Jul 16, 2025 $588K$248K$340K$2.3M 990 PDF
FY2023Filed with the IRS Nov 8, 2024 $307K$239K$68K$2.0M 990 PDF
FY2022Filed with the IRS Jul 6, 2023 $427K$186K$242K$1.7M 990 PDF
FY2021 ViewingFiled with the IRS Oct 27, 2022 $330K$110K$221K$1.9M 990 PDF
FY2020Filed with the IRS Nov 5, 2021 $194K$122K$72K$1.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $330,378 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $129,483$116,617
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $27,747$143,214
I-11 Other revenuePrior year $37,068$70,547
I-12 Total revenuePrior year $194,298$330,378
I-13 Grants and similar amounts paidPrior year $101,677$94,630
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 $20,776$15,017
I-18 Total expensesPrior year $122,453$109,647
I-19 Revenue less expensesPrior year $71,845$220,731
Part VI · Governance 24 of 24 board members independent, 4 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $330,378 across 7 lines filed
VIII-1f All other contributions, gifts and grants$116,617
VIII-1g Noncash contributions (included above)$2,988
VIII-1h Total contributions, gifts and grants$116,617
VIII-3 Investment incomeExcluded from tax $32,220$32,220
VIII-7 Net gain or loss on sales of assetsRelated to mission $110,994$110,994
VIII-8 Net income from fundraising eventsExcluded from tax $70,547$70,547
VIII-12 Total revenueRelated to mission $110,994 · Unrelated business $0 · Excluded from tax $102,767$330,378
Part IX · Statement of functional expenses $109,647 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $94,630$94,630
IX-11c Accounting feesManagement $1,000$1,000
IX-11g Other fees for servicesManagement $7,238$7,238
IX-12 Advertising and promotionManagement $805$805
IX-13 Office expensesManagement $970$970
IX-24 Other expenses (24a–d)Programs $3,122 · Management $1,882$5,004
IX-25 Total functional expensesPrograms $97,752 · Management $11,895 · Fundraising $0$109,647
Part X · Balance sheet $2,007,084 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $210,026$309,790
X-4 Accounts receivableStart of year $0$1,458
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $1,500,091$1,695,836
X-16 Total assetsStart of year $1,710,117$2,007,084
X-17 Accounts payable and accrued expensesStart of year $116,950$104,434
X-26 Total liabilitiesStart of year $116,950$104,434
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $1,593,167$1,902,650
X-32 Total net assets or fund balancesStart of year $1,593,167$1,902,650
X-33 Total liabilities and net assetsStart of year $1,710,117$2,007,084
Part XI · Reconciliation of net assets $1,902,650 net assets at year end
XI-1 Total revenue$330,378
XI-2 Total expenses$109,647
XI-3 Revenue less expenses$220,731
XI-4 Net assets at start of year$1,593,167
XI-5 Net unrealized gains (losses) on investments$88,752
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,902,650

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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