ST LOUIS COUNTY LIBRARY FOUNDATION

EIN: 431863977 501(c)(3) Education

ST LOUIS, MO

Total Revenue
$2,174,049
Total Expenses
$3,586,992
Total Assets
$8,597,400
Net Assets
$8,077,510
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MO
Principal Officer
LAURA TAYLOR
Phone
3149943300
Tax Period
2023-01-01 to 2023-12-31

ST LOUIS COUNTY LIBRARY FOUNDATION, founded in 1999, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 65% operating deficit.

Mission

THE MISSION OF THE ST. LOUIS COUNTY LIBRARY IS TO PROVIDE THE RESOURCES AND SERVICES TO ENRICH MINDS, ENHANCE LIVES AND EXPAND PERSPECTIVES. THE LIBRARY FOUNDATION IS COMMITTED TO KEEPING OUR PUBLIC LIBRARY SYSTEM STRONG AND VIBRANT, THEREBY ENSURING A BRIGHTER FUTURE.

Program Service Accomplishments

Program 1
Expenses: $183,021

A GOAL OF THE FOUNDATION IS TO ENRICH THE LIBRARY'S EDUCATIONAL MISSION BY BRINGING COMMUNITIES TOGETHER AND PROVIDING EQUAL OPPORTUNITIES TO LEARN. SLCL HAS PARTNERED WITH SEVEN ST. LOUIS AREA...

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A GOAL OF THE FOUNDATION IS TO ENRICH THE LIBRARY'S EDUCATIONAL MISSION BY BRINGING COMMUNITIES TOGETHER AND PROVIDING EQUAL OPPORTUNITIES TO LEARN. SLCL HAS PARTNERED WITH SEVEN ST. LOUIS AREA HOSPITALS TO PROVIDE NEW PARENTS WITH A BORN TO READ BAG CONTAINING A BOARD BOOK AND EARLY LITERACY INFORMATION. THE BAG ALSO CONTAINS A CARD THAT CAN BE BROUGHT TO A LIBRARY BRANCH TO RECEIVE A SECOND BOOK AND TWO CARDINALS VOUCHERS. PARENTS ALSO RECEIVE AN INVITATION TO CELEBRATE THEIR CHILD'S FIRST BIRTHDAY AT THE LIBRARY WHERE THEY WILL RECEIVE A THIRD BOOK. SINCE THE PROGRAM BEGAN IN 2015, THE FOUNDATION HAS PROVIDED OVER 116,000 BAGS TO NEW PARENTS. A COMPANION TO THE BORN TO READ PROGRAM IS THE RAISE A READER PROGRAM THAT PROVIDES BAGS FILLED WITH LITERACY INFORMATION, A BOOK, WELCOME MATERIALS AND OTHER SMALL FUN ITEMS TO CHILDREN OF VARIOUS AGES AT THEIR ADOPTION PROCEEDINGS. THE GIFT OF READING PROGRAM, STARTED IN FALL 2019, PROVIDES BOOKS TO STUDENTS IN THE ST. LOUIS COUNTY JUVENILE DETENTION CENTER. THE PROGRAM EXPANDED IN FALL 2022 TO INCLUDE BRIDGES, AN ALTERNATIVE HIGH SCHOOL. THE HEAD START PROGRAM PROVIDES WONDERBOOKS/VOX BOOKS AND ACTIVITY MATERIALS TO CHILDREN AGES 3-5 AT JENNINGS URBAN LEAGUE TO PROMOTE EARLY LITERACY CONCEPTS. THE FOUNDATION ALSO WORKS TO BRIDGE THE DIGITAL DIVIDE BY SECURING FUNDING FOR PATRONS TO HAVE ACCESS TO WI-FI HOTSPOTS AND CHROMEBOOK BUNDLES. FOR CHILDREN AGES 10-14, SLCL'S POPULAR CODING 101 PROGRAM GIVES KIDS THE CHANCE TO LEARN BASIC CODING SKILLS AND TAKE HOME A FREE CHROMEBOOK. ACCESS TO PROGRAMMING LIKE THIS INSPIRES CHILDREN TO INVESTIGATE CAREER PATHS IN STEM RELATED FIELDS. THROUGH THE EXCEL ADULT HIGH SCHOOL PROGRAM, ST. LOUIS RESIDENTS AGES 25 AND OLDER HAVE THE CHANCE TO EARN A HIGH SCHOOL DIPLOMA AND CAREER CERTIFICATE. SINCE 2017, 117 STUDENTS HAVE COMPLETED THE PROGRAM.

Program 2
Expenses: $2,740,008

THE FOUNDATION PROVIDES DIRECT SUPPORT TO ST. LOUIS COUNTY LIBRARY FOR CONSTRUCTION OF THE CLARK FAMILY BRANCH AS WELL AS FUNDING FOR EDUCATIONAL PROGRAMS AND EMPLOYEE ENGAGEMENT & DEVELOPMENT.

Program 3
Expenses: $192,074

THE FOUNDATION FURTHER PROMOTES READING BY HOSTING EVENTS WITH NOTED AUTHORS. THE ST. LOUIS COUNTY LIBRARY AUTHOR SERIES IS ONE OF THE BIGGEST AND MOST POPULAR AUTHOR EVENT SERIES AT ANY PUBLIC...

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THE FOUNDATION FURTHER PROMOTES READING BY HOSTING EVENTS WITH NOTED AUTHORS. THE ST. LOUIS COUNTY LIBRARY AUTHOR SERIES IS ONE OF THE BIGGEST AND MOST POPULAR AUTHOR EVENT SERIES AT ANY PUBLIC LIBRARY IN THE COUNTRY, BRINGING IN DOZENS OF AUTHORS AND THOUSANDS OF READERS TO SHARE MEMORABLE AND STIMULATING READINGS AND DISCUSSIONS. THERE ARE THREE AUTHOR SERIES INCLUDING THE READING GARDEN, GALE MEDICAL ARTS, AND WESTFALL. THESE SERIES HIGHLIGHT AUTHORS THAT FOCUS ON YOUTH/TEENS, MEDICINE, AND POLITICS/HISTORY. ADDITIONALLY, THE FOUNDATION SUPPORTS THE ST. LOUIS COUNTY LIBRARY'S FESTIVALS INCLUDING THE STORYTELLING FESTIVAL, THE LITTLE READERS FESTIVAL, AND THE ST. LOUIS TEEN BOOK FESTIVAL. IN 2022, ST. LOUIS COUNTY LIBRARY WELCOMED OVER 450 READERS TO THE ST. LOUIS REGION'S FIRST IN-PERSON BOOK FESTIVAL DEDICATED TO TEEN READERS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,127,725
Program Service Revenue $0
Investment Income $59,241
Other Revenue $-12,917
TOTAL REVENUE $2,174,049

Expense Breakdown

Grants Paid $2,740,008
Salaries & Benefits $0
Fundraising Expenses $217,480
Program Expenses $3,257,069
Other Expenses $846,984
TOTAL EXPENSES $3,586,992

Year-over-Year Comparison

2023 2022 Change
Revenue $2,174,049 $5,356,830 -0.6%
Expenses $3,586,992 $828,441 +3.3%
Net Income $-1,412,943 $4,528,389 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
32
Independent Members
32
Employees
N/A
Volunteers
10

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
5
$0
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH BOWMAN DIRECTOR 1.00
Director
$0 $0 $0
APOLLO CAREY DIRECTOR 1.00
Director
$0 $0 $0
CHRIS CHORLINS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DAVIES DIRECTOR 1.00
Director
$0 $0 $0
LAURA DIERBERG AYERS DIRECTOR 1.00
Director
$0 $0 $0
MARY GIRA ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
LISA HANLY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MEGAN HEINSZ DIRECTOR 1.00
Director
$0 $0 $0
JAMES HOFFMEISTER DIRECTOR 1.00
Director
$0 $0 $0
KAREN JORDAN DIRECTOR 1.00
Director
$0 $0 $0
PAULA KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
LINDA LEGG PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL LUSTER DIRECTOR 1.00
Director
$0 $0 $0
BRAD MCLAURY TREASURER 1.00
Officer Director
$0 $0 $0
MAURICE QUIROGA DIRECTOR 1.00
Director
$0 $0 $0
JOANN SANDIFER SECRETARY 1.00
Officer Director
$0 $0 $0
AMANDA SCHMITT DIRECTOR 1.00
Director
$0 $0 $0
KRISTEN SORTH DIRECTOR 1.00
Director
$0 $0 $0
LOUANN WILCOX DIRECTOR 1.00
Director
$0 $0 $0
JIM WOOD DIRECTOR 1.00
Director
$0 $0 $0
BILL BRADLEY DIRECTOR 1.00
Director
$0 $0 $0
MARY ENGELBREIT DIRECTOR 1.00
Director
$0 $0 $0
EDDY HARRIS DIRECTOR 1.00
Director
$0 $0 $0
JULIUS HUNTER DIRECTOR 1.00
Director
$0 $0 $0
RIDLEY PEARSON DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PHILLIPS DIRECTOR 1.00
Director
$0 $0 $0
BEAU WILLIMON DIRECTOR 1.00
Director
$0 $0 $0
JR WALTERS - AS OF FEB 23 DIRECTOR 1.00
Director
$0 $0 $0
LISA WEINGARTH - AS OF FEB 23 DIRECTOR 1.00
Director
$0 $0 $0
ANN CORRIGAN - AS OF FEB 23 DIRECTOR 1.00
Director
$0 $0 $0
TRUDIE DAVIES - AS OF FEB 23 DIRECTOR 1.00
Director
$0 $0 $0
SUVIR DHAR - AS OF FEB 23 DIRECTOR 1.00
Director
$0 $0 $0
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 No data No data No data No data
2023 $2,174,049 $3,586,992 $8,597,400 $-1,412,943
2022 $5,356,830 $828,441 $9,573,471 $4,528,389
2021 $1,738,233 $812,920 $5,247,898 $925,313
2020 $931,777 $818,605 $4,407,125 $113,172
2019 $1,148,451 $1,076,169 $3,932,041 $72,282
2018 $1,484,554 $928,418 $3,839,033 $556,136
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