Newport Beach Public Library Foundation
Help make your Library happen everyday and for everyone!
Newport Beach Public Library Foundation
EIN: 33-0593010
as of December 2022
as of December 12, 2022
Mission
THE NEWPORT BEACH PUBLIC LIBRARY FOUNDATION FUNDS VALUABLE LIBRARY RESOURCES AND PROGRAMS - ENGAGING THE COMMUNITY IN CULTURAL AND INTELLECTUAL ADVENTURE THROUGH THE SPONSORSHIP OF DIVERSE PUBLIC PROGRAMS AND FUNDING CUTTING-EDGE LIBRARY ENHANCEMENTS
Ruling year
1994
CEO
Jerold Kappel
Main address
1000 Avocado Ave
Newport Beach, CA 92660 USA
EIN
33-0593010
Arts and culture
Public libraries
Population served
Preteens
Adolescents
Adults
NTEE code
Arts, Cultural Organizations - Multipurpose (A20)
Fund Raising and/or Fund Distribution (A12)
Other Art, Culture, Humanities Organizations/Services N.E.C. (A99)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Government funding for libraries is not robust, especially when it comes to adding resources and programs not provided by government funding. The Newport Beach Public Library Foundation was founded in 1989 to help raise funds for the construction of a Central Library building in Newport Beach. The Foundation continued to provide funding for special projects and resources as requested by the Newport Beach Board of Library Trustees. Over 1.2 million people from across the region visit the Central Lbrary and its three branches annually, and use the digital library, known as the eBranch, especially during the recent pandemic closure. The Library also has few funds to provide programming for the community, such as lectures, seminars, book clubs, and other special initiatives. To fully engage the broader community, these programs are essential.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Witte Distinguished Lecture Series
The Witte Lectures brings renowned speakers to the Newport Beach Public Library, providing the public with a forum for ideas and conversation about the environment, geopolitics, science, technology, economy, the arts and
humanities, and other relevant issues of our times.
Library Live--Author Lecture Series
Library Live was created by the Newport Beach Public Library Foundation in 1995 to provide a unique forum for outstanding writers, authors and thinkers to appear at the Newport Beach Public Library. At a Library Live event, the audience has an opportunity to hear from the speaker, engage in dialogue, and purchase books.
Medicine in Our Backyard
A lecture series featuring medical professionals from the University of California Irvine Health division. It is free to all and presentations are archived for free viewing on the Foundation's website.
Financial Literacy Workshops
The “It’s Your Money! and “It’s Your Estate” sessions cover the business of money and estate planning; 9 hours of objective education over a six-week period. The instructors are local FEE ONLY financial advisors who all act in a fiduciary capacity with their clients. None of the speakers are licensed to sell any financial products. You will learn how they charge and the steps you need to take on your financial plan with or without a professional.
Book Discussion Group
Initiated in 1996, Book Discussion Group members select, read, and discuss 9-10 books per year. All are welcome and the program is FREE. The books are available through the Newport Beach Public Library.
Stories From The Sea
The Newport Beach Public Library Foundation in collaboration with UCI Humanities Center presents a program called Stories from the Sea: An Oral History Project. The program teamed a group of literary, journalism, history, and humanities students and professors to create a multi-generational, multi-media oral history project/presentation documenting our community members’ stories. Funded in part by a grant from the California Humanities Council and private foundations.
Where we work
External reviews
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of list subscribers
This metric is no longer tracked.Totals By Year
Population(s) Served
Ethnic and racial groups, Retired people, Academics
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
The Foundation has greatly expanded its outreach to the community. It adds 300 names a month to its lists with a small (20 or so) unsubscribe.
Total dollars received in contributions
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults, Ethnic and racial groups, Adolescents, Children, Preteens
Type of Metric
Input - describing resources we use
Direction of Success
Increasing
Context Notes
Fiscal year 2022 saw an increase in both annual giving (514,990) and earned revenue. In addition, the Foundation commenced a $7 million capital campaign for a new lecture hall.
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
In addition to continue to provide funding for special requests from the Library Trustees, and maintaining the excellence of current programs, the Foundation has entered into a Memorandum of Understanding with the City of Newport Beach to raise one-half of the funds needed to construct a state-of-the-art, 299 seat free-standing lecture hall to be built adjacent to the Central Library and on the grounds of the Newport Beach Civic Center. This hall will not only serve the needs of the Library, the Foundation, and the City programs, but will be available for nonprofit, civic, and educational institutions in the City of Newport Beach. The Library Hall will be the crown jewel in the development of the Civic Center Campus, bringing more people to this cultural, educational, and civic community gathering place.
What are the organization's key strategies for making this happen?
A library is a critical community educational, cultural, and gathering place for all peoples and all ages. Providing necessary philanthropic funding and programming is what makes a library a strong institution and helps build a sustainable community.
The Foundation will continue to provide the funding necessary to make the Newport Beach Library a premier community institution that provides a wide range of service for the residents of Newport Beach and the surrounding community. It will do this by expanding its services, providing increased outreach to the community on behalf of the Library and Foundation, and developing the financial and human resources needed to achieve its goals.
The Foundation will actively seek to present programs that attract the wide range of an increasingly diverse community. It will program speakers from diverse cultures and backgrounds presenting a spectrum of ideas and research.
What are the organization's capabilities for doing this?
The Foundation has an active Board of Directors and program committees of committed volunteers. The professional staff works closely with the Library staff and the Board of Library Trustees, as well as the City government and its departments.
The Foundation's donors are responsive to the needs of the Foundation and the Library and the Foundation receives excellent support from the community.
What have they accomplished so far and what's next?
In the past decade, the Foundation has contributed more than $7 million dollars to fund programs, technology, and services for the 1.2 million annual users of the four library branches. With the successful launch and completion of the capital campaign, the Foundation will have aidied in the construction of the Central Library and a state-of-the-art library and community hall, the only such facility in all of Newport Beach.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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Who are the people you serve with your mission?
The Foundation is a membership organization, but serves all the 1.2 million people that use the four branches and the eBranch (digital library) annually. Our funding has provided such library resources as an advanced Media Lab, broadcast/recording booth, "Tech Toys" (video and still cameras, recording equipment, converters), self-checkout machines, wayfinding kiosk and signage, laptops for onsite use, and many capital improvements in the libraries, in addition to funding for additional collections. Our four lecture series are open to the public, and two of these series, Medicine in Our Backyard (in partnership with UCI Health) and Financial Literacy, are free. The Foundation also runs a Book Discussion Club and provides special programs, such as Stories from the Sea, when funded.
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How is your organization collecting feedback from the people you serve?
Electronic surveys (by email, tablet, etc.), Constituent (client or resident, etc.) advisory committees,
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How is your organization using feedback from the people you serve?
To identify bright spots and enhance positive service experiences, To inform the development of new programs/projects, To strengthen relationships with the people we serve,
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What significant change resulted from feedback?
During the pandemic shutdown, the Foundation could not celebrate new members who had made a contributory commitment to the Foundation. Many members felt disconnected from the organization. The Foundation developed a new member reception and special lecture by a renowned local author to honor those who supported the Foundation during the period when programs had to go virtual and donor benefits not really available. The Foundation initated post-program surveys this year and are taking into account the comments that were returned in programming for the coming season.
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With whom is the organization sharing feedback?
Our staff, Our board, Our community partners,
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How has asking for feedback from the people you serve changed your relationship?
The two premier lecture series--Wiite Distinguished Speaker Series and LIbrary Live--have committees that advise on the speakers to be contracted and the overall impact of these programs. The post-lecture surveys have been very helpful as they advise on current and future programming.
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Which of the following feedback practices does your organization routinely carry out?
We aim to collect feedback from as many people we serve as possible, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive,
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback,
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2021 info
3.45
Months of cash in 2021 info
9.7
Fringe rate in 2021 info
11%
Funding sources info
Assets & liabilities info
Newport Beach Public Library Foundation
Revenue & expensesFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990
Newport Beach Public Library Foundation
Balance sheetFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990
This snapshot of Newport Beach Public Library Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $21,853 | -$125,547 | -$148,511 | $89,994 | $11,280 |
| As % of expenses | 2.3% | -13.2% | -19.0% | 12.5% | 2.1% |
| Unrestricted surplus (deficit) after depreciation | $21,227 | -$125,901 | -$149,327 | $89,741 | $10,508 |
| As % of expenses | 2.2% | -13.3% | -19.1% | 12.4% | 2.0% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $805,749 | $899,937 | $625,015 | $833,620 | $721,757 |
| Total revenue, % change over prior year | 12.5% | 11.7% | -30.5% | 33.4% | -13.4% |
| Program services revenue | 48.2% | 30.2% | 36.6% | 54.2% | 31.4% |
| Membership dues | 13.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 7.7% | 15.2% | 16.8% | 7.6% | 26.3% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 28.6% | 43.5% | 46.6% | 38.1% | 37.7% |
| Other revenue | 1.6% | 11.2% | 0.0% | 0.0% | 4.7% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $947,554 | $949,198 | $781,503 | $720,834 | $528,630 |
| Total expenses, % change over prior year | 2.1% | 0.2% | -17.7% | -7.8% | -26.7% |
| Personnel | 26.7% | 28.7% | 32.5% | 37.7% | 45.3% |
| Professional fees | 0.0% | 0.0% | 7.5% | 4.9% | 8.4% |
| Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other expenses | 73.3% | 71.3% | 60.0% | 57.3% | 46.3% |
| Full cost components (estimated) info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $948,180 | $949,552 | $782,319 | $721,087 | $529,402 |
| One month of savings | $78,963 | $79,100 | $65,125 | $60,070 | $44,053 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $3,860 | $0 |
| Total full costs (estimated) | $1,027,143 | $1,028,652 | $847,444 | $785,017 | $573,455 |
Capital structure indicators
| Liquidity info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Months of cash | 4.0 | 3.0 | 1.7 | 6.5 | 9.7 |
| Months of cash and investments | 34.5 | 34.5 | 39.9 | 46.4 | 81.1 |
| Months of estimated liquid unrestricted net assets | 13.6 | 12.0 | 12.3 | 14.7 | 20.3 |
| Balance sheet composition info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Cash | $317,577 | $235,103 | $111,577 | $391,175 | $428,757 |
| Investments | $2,409,775 | $2,495,437 | $2,486,042 | $2,394,008 | $3,144,065 |
| Receivables | $140,057 | $44,095 | $16,754 | $14,674 | $10,546 |
| Gross land, buildings, equipment (LBE) | $3,573 | $3,573 | $3,573 | $7,433 | $7,434 |
| Accumulated depreciation (as a % of LBE) | 62.9% | 72.8% | 95.7% | 49.4% | 59.8% |
| Liabilities (as a % of assets) | 0.2% | 0.6% | 0.6% | 3.2% | 3.6% |
| Unrestricted net assets | $1,073,890 | $947,989 | $798,662 | $888,403 | $898,911 |
| Temporarily restricted net assets | $379,074 | $401,131 | $393,154 | N/A | N/A |
| Permanently restricted net assets | $1,420,338 | $1,420,338 | $1,420,338 | N/A | N/A |
| Total restricted net assets | $1,799,412 | $1,821,469 | $1,813,492 | $1,836,284 | $2,559,969 |
| Total net assets | $2,873,302 | $2,769,458 | $2,612,154 | $2,724,687 | $3,458,880 |
Key data checks
| Key data checks info | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
CEO
Jerold Kappel
Jerold Kappel CFRE, CEO of the Newport Beach Public Library Foundation, is a nonprofit executive with expertise in executive management, organizational development, external affairs, board development, project direction and financial management. Kappel directed external affairs for four major nonprofit organizations, supervising fundraising, marketing, and public and government affairs. Kappel has served as interim CEO for four organizations, being honored as Interim Executive of the year. He has been responsible for $150 million in contributions for the organizations he has served as CEO or CDO, consultant or board director. He has experience in and deep knowledge of effective philanthropy.
Number of employees
Source: IRS Form 990
Newport Beach Public Library Foundation
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Newport Beach Public Library Foundation
Board of directorsas of 01/19/2023
Board of directors data
Karen Clark
Dorothy Larson
John Prichard
Knightsbridge Asset Management
Kevin Barlow
Miracle Mile Advisors
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 01/28/2022GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.
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- Contractor and/or Paid Preparer data for 2021, 2020, 2019
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