CHICAGO PUBLIC LIBRARY FOUNDATION

EIN: 363480353 501(c)(3) Education

CHICAGO, IL

Total Revenue
$4,556,792
Total Expenses
$5,913,603
Total Assets
$38,942,359
Net Assets
$38,532,734
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
IL
Principal Officer
BRENDA LANGSTRAAT BUI
Phone
3122019830
Tax Period
2024-01-01 to 2024-12-31

CHICAGO PUBLIC LIBRARY FOUNDATION, founded in 1986, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $5.9M exceeded revenue, resulting in a 30% operating deficit.

Mission

THE CHICAGO PUBLIC LIBRARY FOUNDATION ACCELERATES THE POTENTIAL OF OUR PUBLIC LIBRARY BY INVESTING IN RESOURCES THAT TRANSFORM LIVES AND COMMUNITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,987,080
Program Service Revenue $0
Investment Income $1,995,326
Other Revenue $-425,614
TOTAL REVENUE $4,556,792

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,349,752
Fundraising Expenses $1,334,330
Program Expenses $3,846,563
Other Expenses $4,563,851
TOTAL EXPENSES $5,913,603

Year-over-Year Comparison

2024 2023 Change
Revenue $4,556,792 $6,964,069 -0.3%
Expenses $5,913,603 $5,500,090 +0.1%
Net Income $-1,356,811 $1,463,979 -1.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
47
Independent Members
47
Employees
11
Volunteers
77

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
8
$577,826
Total Directors
56
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT WISLOW BOARD CHAIR 5.00
Officer Director
$0 $0 $0
MARCY CARLIN VICE CHAIR 2.00
Officer Director
$0 $0 $0
DAVID CASPER VICE CHAIR 2.00
Officer Director
$0 $0 $0
ARCHANA KUMAR TREASURER 2.00
Officer Director
$0 $0 $0
BRUCE SAGAN SECRETARY 2.00
Officer Director
$0 $0 $0
HEATHER ALGER DIRECTOR 1.00
Director
$0 $0 $0
ALENA ANTIGUA DIRECTOR 1.00
Director
$0 $0 $0
MARGARET BACZKOWSKI DIRECTOR 1.00
Director
$0 $0 $0
WENDY BERGER DIRECTOR 1.00
Director
$0 $0 $0
JODI BLOCK DIRECTOR 1.00
Director
$0 $0 $0
ERIN BODENDORFER DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN BOEGE DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW BREWER DIRECTOR 1.00
Director
$0 $0 $0
MORGAN CARR DIRECTOR 1.00
Director
$0 $0 $0
ESTHER CHOY DIRECTOR 1.00
Director
$0 $0 $0
MONIQUE DEMERY DIRECTOR - THRU 3/2024 1.00
Director
$0 $0 $0
ELIZABETH DONNELLY DIRECTOR - THRU 3/2024 1.00
Director
$0 $0 $0
DEIRDRE DRAKE DIRECTOR - THRU 6/2024 1.00
Director
$0 $0 $0
MICHAEL FASSNACHT DIRECTOR 1.00
Director
$0 $0 $0
LINDA FILLER DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER FRIEDES DIRECTOR 1.00
Director
$0 $0 $0
MARK GARTLAND DIRECTOR - THRU 6/2024 1.00
Director
$0 $0 $0
KIMBERLEY GOODE DIRECTOR 1.00
Director
$0 $0 $0
GRAHAM GRADY DIRECTOR - THRU 6/2024 1.00
Director
$0 $0 $0
JACQUELINE GRIESDORN DIRECTOR - THRU 6/2024 1.00
Director
$0 $0 $0
SUREN GUPTA DIRECTOR 1.00
Director
$0 $0 $0
FRANCIA HARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
ADAM HECKTMAN DIRECTOR 1.00
Director
$0 $0 $0
STEVE HENDRY DIRECTOR 1.00
Director
$0 $0 $0
DAVID HEROY DIRECTOR - THRU 11/2024 1.00
Director
$0 $0 $0
ADAM HOEFLICH DIRECTOR - THRU 3/2024 1.00
Director
$0 $0 $0
CARL JONES DIRECTOR - THRU 11/2024 1.00
Director
$0 $0 $0
ANDREW LADD DIRECTOR 1.00
Director
$0 $0 $0
DONNA LAPIETRA DIRECTOR 1.00
Director
$0 $0 $0
ROBERT LEVIN DIRECTOR 1.00
Director
$0 $0 $0
ROGER LIEW DIRECTOR 1.00
Director
$0 $0 $0
BRYAN LOGAN DIRECTOR 1.00
Director
$0 $0 $0
PATRICK MCHALE DIRECTOR 1.00
Director
$0 $0 $0
AMANDA MORRIS DIRECTOR 1.00
Director
$0 $0 $0
TRISHA MOWBRAY DIRECTOR 1.00
Director
$0 $0 $0
AVANI NARANG DIRECTOR 1.00
Director
$0 $0 $0
ANDRES ORDONEZ DIRECTOR 1.00
Director
$0 $0 $0
JANE PARK DIRECTOR 1.00
Director
$0 $0 $0
MELISSA POTDAR DIRECTOR 1.00
Director
$0 $0 $0
LINDA RICE DIRECTOR 1.00
Director
$0 $0 $0
TRISHA ROONEY DIRECTOR 1.00
Director
$0 $0 $0
MARIANNA RUIZ DIRECTOR 1.00
Director
$0 $0 $0
PRIYA SADARANGANI DIRECTOR 1.00
Director
$0 $0 $0
ANDREA SENZ DIRECTOR 1.00
Director
$0 $0 $0
STEVEN SPROAT DIRECTOR 1.00
Director
$0 $0 $0
LAURENCE SZUMSKI DIRECTOR 1.00
Director
$0 $0 $0
CHERRYL THOMAS DIRECTOR 1.00
Director
$0 $0 $0
WADE THOMSON DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH TULACH DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL WILSON DIRECTOR 1.00
Director
$0 $0 $0
SUZANNE YOON DIRECTOR 1.00
Director
$0 $0 $0
BRENDA LANGSTRAAT BUI PRESIDENT & CEO 40.00
Officer
$220,420 $36,060 $256,480
ELIZABETH ZACHARA DAVIS CHIEF OPERATING OFFICER 40.00
Officer
$140,850 $26,515 $167,365
KATHERINE NARDIN CHIEF DEVELOPMENT OFFICER 40.00
Officer
$129,130 $24,851 $153,981
AUDREY PEIPER DIRECTOR OF LEGACY AND IMPACT GIVING 40.00
Highest
$106,760 $10,565 $117,325
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
2024 $4,556,792 $5,913,603 $38,942,359 $-1,356,811
2023 $6,964,069 $5,500,090 $39,009,596 $1,463,979
2022 $4,400,993 $4,054,623 $33,747,562 $346,370
2021 $5,601,419 $3,367,549 $39,161,773 $2,233,870
2020 $4,308,184 $3,483,138 $35,195,975 $825,046
2019 $4,594,358 $6,188,949 $31,417,392 $-1,594,591
2018 $5,376,943 $6,568,144 $28,834,142 $-1,191,201
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