BOSTON PUBLIC LIBRARY FUND INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

PAULA SAKEY

Phone

6178592027

Tax Period

2024-07-01 to 2025-06-30

BOSTON PUBLIC LIBRARY FUND INC, founded in 1992, is a community nonprofit in the Education sector that reported $7.5M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 24% operating margin.

Mission

THE BOSTON PUBLIC LIBRARY FUND PROVIDES FINANCIAL SUPPORT TO THE BOSTON PUBLIC LIBRARY (BPL), ENSURING THAT IT REMAINS VIABLE, ENGAGING, ACCESSIBLE, AND FREE TO ALL. THE LIBRARY FUND FULFILLS THIS MISSION BY WORKING IN PARTNERSHIP WITH DONORS AND OTHER FUNDERS.

Program Service Accomplishments

Program 1

Expenses: $3,646,334

FUNDS WERE PROVIDED TO THE BOSTON PUBLIC LIBRARY FOR VARIOUS PROGRAM GRANTS TO SUPPORT THE MISSION OF THE BOSTON PUBLIC LIBRARY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,982,353

Program Service Revenue $0

Investment Income $656,835

Other Revenue $-97,211

TOTAL REVENUE $7,541,977

Expense Breakdown

Grants Paid $3,646,334

Salaries & Benefits $1,456,967

Fundraising Expenses $1,053,200

Program Expenses $3,646,334

Other Expenses $439,664

TOTAL EXPENSES $5,757,405

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,541,977	$5,623,283	+0.3%
Expenses	$5,757,405	$4,997,008	+0.2%
Net Income	$1,784,572	$626,275	+1.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$334,002

Total Directors

Key Employees

$213,964

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY B HAWKINS	CHAIR	2.00	Officer Director	$0	$0	$0
HANNAH GROVE	VICE CHAIR	0.10	Officer Director	$0	$0	$0
LOUIS MAIURI	TREASURER	0.10	Officer Director	$0	$0	$0
TAYLOR BRENNAN	PRESIDENT, EMERGING LEADERS	0.10	Officer Director	$0	$0	$0
LEWIS BURLEIGH	FOUNDING DIRECTOR EMERITUS	0.10	Director	$0	$0	$0
GRACE FEY	FOUNDING DIRECTOR EMERITUS	0.10	Director	$0	$0	$0
CLIFF CAMMOCK	DIRECTOR	0.10	Director	$0	$0	$0
BARRY CANTON	DIRECTOR	0.10	Director	$0	$0	$0
CYNTHIA CLARK	DIRECTOR	0.10	Director	$0	$0	$0
ADRIENNE ZAK HUNT	DIRECTOR	0.10	Director	$0	$0	$0
DERRICK JOHNS	DIRECTOR	0.10	Director	$0	$0	$0
MICHAEL KEATING	DIRECTOR	0.10	Director	$0	$0	$0
DAVID LEONARD	DIRECTOR	0.10	Director	$0	$0	$0
MERRANDA LOGAN	DIRECTOR	0.10	Director	$0	$0	$0
RAYMOND LIU	DIRECTOR	0.10	Director	$0	$0	$0
LEO LIU	DIRECTOR	0.10	Director	$0	$0	$0
AMELIA MCCARTHY	DIRECTOR	0.10	Director	$0	$0	$0
DOUGLAS CARNEY	DIRECTOR	0.10	Director	$0	$0	$0
PAULA SAKEY	EXECUTIVE DIRECTOR	40.00	Officer	$284,315	$49,687	$334,002
CAROL ESTES-SCHWARTZ	DIRECTOR OF PHILANTHROPY AND LEGACY GIVING	40.00	Key Emp	$150,911	$63,053	$213,964
SARAH DOW	DIRECTOR OF ADVANCEMENT SERVICES	40.00	Highest	$112,654	$11,083	$123,737

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$7,541,977	$5,757,405	$14,036,529	$1,784,572
2024	$5,623,283	$4,997,008	$12,446,713	$626,275
2023	$8,176,290	$4,184,300	$10,156,533	$3,991,990
2022	$3,398,649	$3,446,044	$5,785,151	$-47,395
2021	$4,464,171	$4,112,233	$8,276,346	$351,938
2020	$1,749,534	$2,268,493	$6,800,909	$-518,959
2018	$349,551	$261,880	$2,412,989	$87,671