Overview
What is The Friends Of The Saint Paul Public Library?
The Friends of the Saint Paul Public Library is a nonprofit organization situated in St. Paul, Minnesota. They serve as the library's foundation, managing over $15 million in endowment assets. Their primary role involves fundraising, advocacy, and programming, with an annual investment in the library. In 2022, they contributed $730,000 to the library, representing 4% of its annual operating budget. This funding supports ongoing library priorities, such as innovation through pilot programs, children and youth enrichment initiatives, and digital equity and workforce services. The Friends also completed a feasibility study and case for support in anticipation of future campaign activities. Their mission is to strengthen and inspire communities by investing locally in libraries, and they have a statewide and national impact through their roles as Minnesota's Library of Congress-designated Center for the Book and through national library consulting work. Their vision is a dynamic library at the heart of every community, guided by five core beliefs: connecting, libraries, everyone, potential, and learning.
Official website here: www.thefriends.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Friends of the Saint Paul Public Library has achieved an impressive score of 96% from Charity Navigator, indicating a high level of accountability and financial health. The organization boasts a fully independent board and demonstrates strong oversight practices, with no material diversions of assets noted. Overall, it showcases an effective financial strategy with a low liabilities-to-assets ratio and impressive fundraising efficiency.
User feedback across various platforms consistently highlights the organization's strengths, particularly its diverse and high-quality programming that is often provided at little or no cost. Many users express satisfaction with the effectiveness of the Friends in utilizing funds wisely to support the library and its community offerings. The success of specific initiatives, like the Minnesota Book Awards and engaging programming for families, is often emphasized.
While the reviews are overwhelmingly positive, it is essential to note that specific criticisms or limitations were not mentioned in the data. However, the strong consensus among supporters paints a picture of a well-respected and impactful nonprofit that is dedicated to enhancing the public library experience in Saint Paul.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Friends Of The Saint Paul Public Library legitimate?
The Friends Of The Saint Paul Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Of The Saint Paul Public Library 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: $422,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $672,446
For more financial information, click here
Official website here: www.thefriends.org
What is the mission statement of The Friends Of The Saint Paul Public Library?
The Friends of the Saint Paul Public Library serves as a catalyst to strengthen and inspire communities by investing locally in libraries through fundraising, advocacy, and programming. Their mission extends beyond the local level, as they also contribute to their state as the Library of Congress-designated Center for the Book and engage in national library consulting work. Their vision is to have a dynamic library at the heart of every community, guided by five core beliefs: connecting, believing in libraries, believing in everyone, believing in potential, and believing in learning.
Official website here: www.thefriends.org
Who is the CEO of The Friends Of The Saint Paul Public Library?
Beth Burns is the Chair of The Friends Of The Saint Paul Public Library.
Official website here: www.thefriends.org
What is the revenue of The Friends Of The Saint Paul Public Library?
The Friends Of The Saint Paul Public Library's revenue in 2022 was $2,854,681.
Official website here: www.thefriends.org
Who are the executives of The Friends Of The Saint Paul Public Library and what are their salaries?
The average compensation at The Friends Of The Saint Paul Public Library during 2022 was $57,613. There are 19 employees and 45 volunteers at The Friends Of The Saint Paul Public Library.
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Official website here: www.thefriends.org
Where can I find the form 990 for The Friends Of The Saint Paul Public Library?
The Friends Of The Saint Paul Public Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefriends.org
Learn more at the official website: www.thefriends.org
Mission Statement of The Friends Of The Saint Paul Public Library
The Friends of the Saint Paul Public Library serves as a catalyst for libraries to strengthen and inspire their communities. Acting as an independent, nonprofit organization, it invests locally in the library through fundraising, advocacy, and programming. Beyond its local impact, The Friends of the Saint Paul Public Library also holds significant roles on a statewide and national level. It serves as Minnesota's Library of Congress-designated Center for the Book and engages in national library consulting work. With a vision of a dynamic library at the heart of every community, the organization is guided by five core beliefs: connecting, libraries, everyone, potential, and learning. These values drive its mission to support libraries in their efforts to enrich and empower their communities.
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Impact
July, 2024
The Friends Of The Saint Paul Public Library acts as a catalyst for libraries to strengthen and inspire their communities. As an independent organization, The Friends invest locally in the library through fundraising, advocacy, and programming. Their impact includes annual fundraising efforts that support ongoing library priorities such as innovation through pilot programs, children and youth enrichment initiatives, and digital equity and workforce services.
In 2022, The Friends sent $730,000 to the library, representing a 6% increase from the previous year and accounting for 4% of the library's annual operating budget. Additionally, The Friends manage over $15 million in endowment assets and function as the Saint Paul Public Library's foundation.
The organization's vision is to have a dynamic library at the heart of every community, and they are guided by values that emphasize connecting, believing in libraries, everyone, potential, and learning. Through their work, The Friends contribute to the transformation of library branches and support libraries in inspiring and strengthening their communities.
This information is meant to be a general summary of The Friends Of The Saint Paul Public Library. 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: $484,681
- Program Service Revenue: $391,148
- Gross Receipts: $2,960,354
Assets and Liabilities:
- Total Assets: $16,713,531
- Total Liabilities: $299,388
- Net Assets: $16,414,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING
Revenue
$391,148
Organization Details
Founding Year
1945
Phone
(651) 222-3242Principal Officer
Beth Burns
Main Address
332 MINNESOTA ST W1420, ST PAUL, MN, 55101
Website
www.thefriends.orgNTEE Category
Code: B70 - Education
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