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Library Foundation of LOS Angeles

Public charity
Other · LOS ANGELES, CA · EIN 95-4368250

About

The foundation supports and enriches the capabilities, resources, and services of the LOS angeles public library through fundraising, advocacy, and innovative programs that benefit the diverse community and promote greater awareness of the library's valuable resources.

Donations are tax-deductible
Category
Other
Employees
50
Volunteers
51

Financial Snapshot

FY ending 2023-06-30
Revenue
$8.5M
Expenses
$8.6M
Assets
$62.3M
Liabilities
$431K

Financial history

$8.6M$4.3M$0
1617181920212223
RevenueExpenses
Latest FY2023: $8.5M · Avg: $7.7M
LIBRARY FOUNDATION OF LOS ANGELES
Your actions

Address

630 W 5TH ST
LOS Angeles, CA, 90071-200

Governance

Voting board members44
Independent members44
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %43.0%
Permanent endowment %34.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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