JAMAICA, NY
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Sign In — Free (10 views/day)THE QUEENS LIBRARY FOUNDATION INC, founded in 1988, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 23% operating margin.
THE QUEENS LIBRARY FOUNDATION IS THE FUNDRAISING ARM OF QUEENS PUBLIC LIBRARY. INCORPORATED IN 1988, THE MISSION OF THE QUEENS LIBRARY FOUNDATION IS TO RAISE FUNDS FROM FOUNDATIONS, CORPORATIONS, AND PRIVATE INDIVIDUALS TO SUPPORT THE TENS OF THOUSANDS OF FREE PROGRAMS AND SERVICES OFFERED BY QUEENS PUBLIC LIBRARY.
THE QUEENS LIBRARY FOUNDATION RAISED $4,255,365 FROM FOUNDATIONS, CORPORATIONS AND INDIVIDUALS TO SUPPORT THE PROGRAMS, ACTIVITIES AND COLLECTIONS OF QUEENS PUBLIC LIBRARY. THIS INCLUDED RESTRICTED...
THE QUEENS LIBRARY FOUNDATION RAISED $4,255,365 FROM FOUNDATIONS, CORPORATIONS AND INDIVIDUALS TO SUPPORT THE PROGRAMS, ACTIVITIES AND COLLECTIONS OF QUEENS PUBLIC LIBRARY. THIS INCLUDED RESTRICTED GRANTS TOTALING $1.2 MILLION FOR ENGLISH AS A SECOND LANGUAGE CLASSES, COLLEGE READINESS, AND WORKFORCE TRAINING; $185,000 FOR STEM PROGRAMMING FOR CHILDREN AND YOUTH; $183,500 FOR SUMMER READING PROGRAMMING; $110,000 FOR OUT-OF-SCHOOL LITERACY AND ENRICHMENT PROGRAMS; $105,000 FOR THE NEW AMERICANS PROGRAM; $75,000 FOR CLIMATE LITERACY WORKSHOPS; $75,000 FOR JOB TRAINING AND ENTREPRENEURSHIP WORKSHOPS; $55,000 FOR DIGITAL ARCHIVES; AND $25,000 FOR ARTS AND OTHER PROGRAMMING. IN ADDITION, THE FOUNDATION DISBURSED RESTRICTED DONATIONS OF $193,081 TO COMMUNITY LIBRARIES THROUGHOUT THE QUEENS LIBRARY SYSTEM, AND $149,765 FOR BOOKS. THE QUEENS LIBRARY FOUNDATION CONTINUED TO MANAGE MULTI-YEAR GRANTS SECURED IN PREVIOUS YEARS WHICH RESULTED IN THE CONTINUED EXPANSION OF THE QUEENS NAME EXPLORER DIGITAL MAP; THE UPGRADE OF THE LIBRARY'S DIGITAL ASSET MANAGEMENT SYSTEM; ENRICHMENT AND LITERACY ACTIVITIES FOR CHILDREN AND YOUTH AT MULTIPLE LOCATIONS; JOB TRAINING AND ENTREPRENEURSHIP PROGRAMS AT RAVENSWOOD AND OTHER LOCATIONS; AND ENVIRONMENTAL AND STEM PROGRAMMING AT THE HUNTERS POINT LIBRARY AND ENVIRONMENTAL EDUCATION CENTER. UNRESTRICTED GRANTS AND CONTRIBUTIONS AWARDED TO THE QUEENS LIBRARY FOUNDATION WERE USED TO SUPPORT COLLECTIONS, PROGRAMS AND SERVICES THROUGHOUT THE LIBRARY SYSTEM. THESE INCLUDED $137,507 IN MINI-GRANTS OF UP TO $2,500 DISTRIBUTED TO COMMUNITY LIBRARIES FOR PROGRAMS, ACTIVITIES AND COLLECTIONS; AND $25,000 FOR BACK-TO-SCHOOL GIVEAWAYS. THE QUEENS LIBRARY FOUNDATION ALSO SECURES IN-KIND DONATIONS TO HELP SUPPORT THE LIBRARY'S PROGRAMS AND ACTIVITIES. IN FY2025, THIS INCLUDED 1,090 BACKPACKS STUFFED WITH SCHOOL SUPPLIES AND 375 SEED PENCILS FOR BACK-TO-SCHOOL GIVEAWAYS; 450 NEW BOOKS; 120 CASES OF BOTTLED WATER FOR GIVEAWAYS AT EVENTS; GAMING SYSTEMS AND SOFTWARE FOR RAVENSWOOD TEEN PROGRAMMING; AND 75 WEBCAMS FOR LIBRARY COMPUTERS. THE FOUNDATION ALSO ORGANIZED 23 CORPORATE VOLUNTEER EVENTS TO MAINTAIN AND PLANT LIBRARY GARDENS, ORGANIZE AND STAFF A PROM ATTIRE GIVEAWAY, ASSEMBLE LITERACY KITS, AND LEAD FINANCIAL LITERACY WORKSHOPS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,655,594 | $3,441,111 | +0.6% |
| Expenses | $4,361,839 | $3,759,730 | +0.2% |
| Net Income | $1,293,755 | $-318,619 | -5.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JUAN SANTIAGO | BOARD SECRETARY | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| PAULA KIRBY | BOARD VICE PRESIDENT | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| PAULINE HEALY | BOARD TREASURER THRU 12/2024 | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN SCHNEEBAUM | BOARD TREASURER AS OF 03/12/2025 | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| WANDA CHIN | BOARD PRESIDENT | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| ASHLEY HITCHINGS | DIRECTOR AS OF 12/11/2024 | 1.0 |
Director
|
$0 | $0 | $0 |
| CARL S KOERNER ESQ | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| DENNIS WALCOTT | DIRECTOR | 10.0 |
Director
|
$87,260 | $3,127 | $352,168 |
| EARL G SIMONS | DIRECTOR THRU 12/2024 | 1.0 |
Director
|
$0 | $0 | $0 |
| ELI SHAPIRO ED D LCSW | DIRECTOR AS OF 01/01/2025 | 1.0 |
Director
|
$0 | $0 | $0 |
| ERIC GIOIA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| EUGENE A PETRACCA JR | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| HECTOR HERRERA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| MICHELLE STODDART | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| NADEEM KILANI | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| RICHARD DAVID | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| ROBERT J HARDEN | DIRECTOR AS OF 03/12/2025 | 1.0 |
Director
|
$0 | $0 | $0 |
| TERRI THOMSON | DIRECTOR AS OF 01/01/2025 | 1.0 |
Director
|
$0 | $0 | $0 |
| TESS SHIH | DIRECTOR AS OF 06/11/2025 | 1.0 |
Director
|
$0 | $0 | $0 |
| TRAVIS HUNGREDER | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| VINCENT ARCURI JR | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| STEPHEN MACK | CFO & SVP THRU 04/23/2025 | 2.0 |
Officer
|
$12,752 | $64,213 | $319,261 |
| SUSAN LATHAM | EXECUTIVE DIRECTOR, QLF | 36.0 |
Officer
|
$170,237 | $57,779 | $246,931 |
| GITTE PENG | COS & SVP | 8.0 |
Key Emp
|
$49,362 | $47,962 | $294,773 |
| JUSTIN DEABLER ESQ | GENERAL COUNSEL & SVP | 2.0 |
Key Emp
|
$11,459 | $60,627 | $289,801 |
| NICK BURON | CHIEF LIBRARIAN & SVP | 1.6 |
Key Emp
|
$10,205 | $80,143 | $335,262 |
| SUNG KIM | COO & SVP | 0.8 |
Key Emp
|
$5,439 | $82,999 | $354,933 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,655,594 | $4,361,839 | $27,339,730 | $1,293,755 |
| 2024 | $3,441,111 | $3,759,730 | $24,372,863 | $-318,619 |
| 2023 | $2,744,295 | $4,667,087 | $22,275,764 | $-1,922,792 |
| 2022 | $4,902,562 | $3,725,847 | $22,489,630 | $1,176,715 |
| 2021 | $2,851,185 | $2,848,417 | $24,617,161 | $2,768 |
| 2020 | $3,364,668 | $3,506,352 | $20,578,982 | $-141,684 |
| 2019 | $2,493,647 | $3,373,458 | $19,385,535 | $-879,811 |
| 2018 | $4,202,758 | $3,110,678 | $19,885,767 | $1,092,080 |
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