Overview
What is Madison Public Library Foundation Inc?
Madison Public Library Foundation Inc is a nonprofit organization situated in Madison, Wisconsin, specifically at 201 W Mifflin Street. Its primary mission is to advocate, promote, and enhance the resources of Madison Public Library, aiming to provide exceptional services, facilities, and programs that cater to the needs of the local community. The foundation accomplishes this by mobilizing the community and organizing events, such as an annual book festival, which serves as a platform for engagement and support. With a dedicated team of 16 employees, the foundation works tirelessly to ensure the library's continued growth and success.
Official website here: www.mplfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98%
The Madison Public Library Foundation Inc has achieved a remarkable 98% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has demonstrated a high level of transparency with 100% independent board members and robust financial practices, including a perfect score in audit oversight and no material diversion of assets.
Strengths of the foundation include a substantial commitment to community culture, scoring 94% in that area, and a perfect leadership and adaptability score of 100%. The foundation effectively collects and utilizes feedback, which is critical for responding to community needs and improving service delivery. Additionally, their financial health is evident in metrics such as a low liabilities-to-assets ratio and high program expense ratio, indicating a focus on direct service provision.
While the organization showcases many strengths, potential areas for improvement may not be fully captured in the available data. Overall, the Madison Public Library Foundation Inc stands out as a highly effective nonprofit, dedicated to supporting library services and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Public Library Foundation Inc legitimate?
Madison Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Public Library Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $200,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,068
For more financial information, click here
Official website here: www.mplfoundation.org
What is the mission statement of Madison Public Library Foundation Inc?
The Madison Public Library Foundation Inc's mission is to inspire and encourage the Madison community to consistently enhance, promote, and uphold the Madison Public Library. Their vision is to equip the library with substantial resources, enabling it to provide excellent services, facilities, and programs that cater to the needs of the community. The foundation is actively involved in organizing an annual book festival in Madison, which serves as a platform to engage with the community and celebrate the love for literature.
Official website here: www.mplfoundation.org
Who is the CEO of Madison Public Library Foundation Inc?
Conor Moran is the President of Madison Public Library Foundation Inc.
Official website here: www.mplfoundation.org
What is the revenue of Madison Public Library Foundation Inc?
Madison Public Library Foundation Inc's revenue in 2022 was $1,919,410.
Official website here: www.mplfoundation.org
Who are the executives of Madison Public Library Foundation Inc and what are their salaries?
The average compensation at Madison Public Library Foundation Inc during 2022 was $29,845. There are 16 employees and 300 volunteers at Madison Public Library Foundation Inc.
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Official website here: www.mplfoundation.org
Where can I find the form 990 for Madison Public Library Foundation Inc?
Madison Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mplfoundation.org
Learn more at the official website: www.mplfoundation.org
Mission Statement of Madison Public Library Foundation Inc
Madison Public Library Foundation Inc is committed to engaging the local community in the continuous improvement, promotion, and support of Madison Public Library. Their ultimate vision is to equip the library with robust resources, enabling it to deliver exceptional services, facilities, and programs that cater to the diverse needs of the community. The foundation plays a crucial role in mobilizing resources and fostering a strong connection between the library and the community it serves.
One of the significant initiatives undertaken by Madison Public Library Foundation Inc is organizing an annual book festival in Madison. This event serves as a platform to promote literacy, foster a love for reading, and bring together authors, readers, and the community. By hosting this festival, the foundation contributes to the enrichment of the community's cultural life and supports the library's mission to provide access to knowledge and information. In essence, Madison Public Library Foundation Inc is dedicated to ensuring that the library remains a vital and dynamic resource for the community, continually evolving to meet the changing needs of its patrons.
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Impact
July, 2024
Madison Public Library Foundation Inc mobilizes the Madison community to continuously improve, promote, and support the Madison Public Library. One of the key ways they achieve this is by organizing an annual book festival in Madison. Their mission is to equip the Madison Public Library with robust resources to deliver outstanding services, facilities, and programs that meet the community's needs. Through their work, they play a vital role in promoting education and literacy in Madison, Wisconsin.
This information is meant to be a general summary of Madison Public Library Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $210,985
- Gross Receipts: $2,013,386
Assets and Liabilities:
- Total Assets: $10,470,363
- Total Liabilities: $113,432
- Net Assets: $10,356,931
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Organization Details
Founding Year
1993
Phone
(608) 266-6318Principal Officer
Conor Moran
Main Address
201 W MIFFLIN STREET, MADISON, WI, 537032511
Website
www.mplfoundation.orgNTEE Category
Code: B117 - Education
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