SALEM PUBLIC LIBRARY FOUNDATION

EIN: 930799658 501(c)(3)

SALEM, OR

Total Revenue
$231,932
Total Expenses
$330,696
Total Assets
$3,341,726
Net Assets
$3,311,503
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
OR
Phone
5038198442
Tax Period
2023-07-01 to 2024-06-30

SALEM PUBLIC LIBRARY FOUNDATION, founded in 1981, is a small nonprofit that reported $232K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $331K exceeded revenue, resulting in a 43% operating deficit.

Mission

THE MISSION OF THE SALEM PUBLIC LIBRARY FOUNDATION IS TO SUPPORT ENHANCEMENT PROJECTS, PROGRAMS, AND SERVICES OF THE SALEM PUBLIC LIBRARY.

Program Service Accomplishments

Program 1
Expenses: $209,212

Each year SPLF funds Salem Reads, a community reads program, which encourages everyone to read the same book and participate in a month of programming around the themes of the book. Our goal is to...

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Each year SPLF funds Salem Reads, a community reads program, which encourages everyone to read the same book and participate in a month of programming around the themes of the book. Our goal is to encourage reading and awareness of the Library to our diverse community. We offer Sprinkles Grants to Library staff to try new and innovative projects that make their jobs and or patron experience better. We encourage untested, creative, and unusual projects. We also fund staff training and appreciation, books for new babies born at Salem Hospital, library card lanyards for all 1st graders, book club kits, and new computers and technology to help bridge the digital divide for patrons.

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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 (2023)

Revenue Breakdown

Contributions & Grants $111,513
Program Service Revenue $0
Investment Income $120,419
Other Revenue $0
TOTAL REVENUE $231,932

Expense Breakdown

Grants Paid $159,881
Salaries & Benefits $99,648
Fundraising Expenses $16,464
Program Expenses $209,212
Other Expenses $71,167
TOTAL EXPENSES $330,696

Year-over-Year Comparison

2023 2022 Change
Revenue $231,932 $522,891 -0.6%
Expenses $330,696 $423,583 -0.2%
Net Income $-98,764 $99,308 -2.0%
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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Financial Distress Indicator

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Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
19

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
$92,163
Total Directors
15
$92,163
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE VAN UMMERSEN Executive Dir. 30.00
Officer Director
$88,714 $3,449 $92,163
SARAH CLOVIS BISHOP BOARD MEMBER 1.00
Director
$0 $0 $0
BRIDGET ESQUEDA EX OFFICIO BOAR 1.00
Director
$0 $0 $0
DAVID GUTTERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE PIPER BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY GOULD BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA ENGEL Treasurer 1.00
Officer Director
$0 $0 $0
LISA HARDEY BOARD MEMBER 1.00
Director
$0 $0 $0
DEBRA GRANT Secretary 1.00
Officer Director
$0 $0 $0
JANICE WHEELER BOARD MEMBER 1.00
Director
$0 $0 $0
DANA CASTANO EX OFFICIO BOAR 1.00
Director
$0 $0 $0
JAMES MONTGOMERY PAST PRESIDENT 1.00
Director
$0 $0 $0
GINA JOHNNIE Vice President 1.00
Officer Director
$0 $0 $0
JASON RAMEY President 1.00
Officer Director
$0 $0 $0
BRYANT MALONE BOARD MEMBER 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 $231,932 $330,696 $3,341,726 $-98,764
2023 $522,891 $423,583 $3,105,201 $99,308
2022 $215,936 $241,177 $2,961,196 $-25,241
2021 $731,589 $331,440 $3,365,466 $400,149
2020 $344,365 $688,746 $2,558,457 $-344,381
2019 $422,090 $233,053 $2,995,027 $189,037
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