BOZEMAN PUBLIC LIBRARY FOUNDATION INC

EIN: 810405940 501(c)(3)

BOZEMAN, MT

Total Revenue
$1,467,452
Total Expenses
$692,052
Total Assets
$8,131,634
Net Assets
$8,110,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MT
Principal Officer
TOM STONECIPHER
Phone
4065822400
Tax Period
2024-01-01 to 2024-12-31

BOZEMAN PUBLIC LIBRARY FOUNDATION INC, founded in 1998, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $775K, a strong 53% operating margin.

Mission

THE FOUNDATION'S MISSION IS TWO-FOLD. WE SEEK TO INCREASE AND ENHANCE THE QUALITY OF SERVICES, PROGRAMS, AND COMMUNITY EVENTS OFFERED BY THE BOZEMAN PUBLIC LIBRARY, BENEFITING THE RESIDENTS AND COMMUNITIES IT SERVES. THE FOUNDATION ALSO SUPPORTS AND ADVOCATES FOR PRIVATE AND PUBLIC SUPPORT OF THE LIBRARY, ACTING AS A CATALYST FOR ATTRACTING PRIVATE FUNDING FROM INDIVIDUALS, BUSINESSES, ORGANIZATIONS, AND FOUNDATIONS WHILE WORKING TO REINFORCE OVERALL PUBLIC SUPPORT FOR THE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $807,691
Program Service Revenue $0
Investment Income $667,693
Other Revenue $-7,932
TOTAL REVENUE $1,467,452

Expense Breakdown

Grants Paid $0
Salaries & Benefits $356,450
Fundraising Expenses $172,584
Program Expenses $330,588
Other Expenses $335,602
TOTAL EXPENSES $692,052

Year-over-Year Comparison

2024 2023 Change
Revenue $1,467,452 $3,563,642 -0.6%
Expenses $692,052 $2,902,774 -0.8%
Net Income $775,400 $660,868 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
5
Volunteers
32

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
4
$155,175
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANAY JOHNSON Executive Dir. 40.00
Officer
$136,289 $18,886 $155,175
TOM STONECIPHER President 4.00
Officer Director
$0 $0 $0
ELIZABETH KELLY BOARD MEMBER 1.00
Officer Director
$0 $0 $0
CHRISTOPHER KIT HEFFNER Treasurer 3.00
Officer Director
$0 $0 $0
RACHEL RUGGLES BOARD MEMBER 1.00
Director
$0 $0 $0
DIANA BLANK BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY CHRISTIN Secretary 1.00
Director
$0 $0 $0
MARLEY MCKENNA BOARD MEMBER 1.00
Director
$0 $0 $0
CONNIE OSTROVSKY BOARD MEMBER 1.00
Director
$0 $0 $0
TOM WHYEL Vice President 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
2025 No data No data No data No data
2024 $1,467,452 $692,052 $8,131,634 $775,400
2023 $3,563,642 $2,902,774 $7,422,934 $660,868
2022 $1,632,743 $2,446,482 $6,279,027 $-813,739
2021 $3,313,935 $952,934 $7,822,756 $2,361,001
2020 $1,000,025 $487,865 $5,401,232 $512,160
2019 $504,286 $457,968 $4,689,242 $46,318
2018 $943,314 $492,019 $4,215,785 $451,295
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