PLATINUM2024

Newport Beach Public Library Foundation

Help make your Library happen everyday and for everyone!

aka Newport Beach Public Library Foundation   |   Newport Beach, CA   |  www.nbplf.foundation
GuideStar Charity Check

Newport Beach Public Library Foundation

EIN: 33-0593010


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 info

1994

CEO

Jerold Kappel

Main address

1000 Avocado Ave

Newport Beach, CA 92660 USA

Show more contact info

EIN

33-0593010

Subject area info

Arts and culture

Public libraries

Population served info

Preteens

Adolescents

Adults

NTEE code info

Arts, Cultural Organizations - Multipurpose (A20)

Fund Raising and/or Fund Distribution (A12)

Other Art, Culture, Humanities Organizations/Services N.E.C. (A99)

What we aim to solve

SOURCE: Self-reported by organization

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

SOURCE: Self-reported by organization

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.

Population(s) Served
Adults

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.

Population(s) Served

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.

Population(s) Served
Adults

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.

Population(s) Served

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.

Population(s) Served

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.

Population(s) Served
Adults
Adults
Adults
Adults

Where we work

Our results

SOURCE: Self-reported by organization

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

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Fiscal year 2023 saw an increase in both annual giving (570326) and earned revenue. In addition, the Foundation's $7 million capital campaign for a new lecture hall had pledges and gifts of $7.1 MM.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

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.

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.

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.

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

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • 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

  • 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, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Newport Beach Public Library Foundation
Fiscal year: Jul 01 - Jun 30
Financial documents
2023 Newport Beach Public Library Foundation 2021 Newport Beach Public Library Foundation
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

166.54

Average of 228.36 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

58.7

Average of 11.3 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

8%

Average of 10% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Newport Beach Public Library Foundation

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Newport Beach Public Library Foundation

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

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 ending: cloud_download Download Data

Newport Beach Public Library Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

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.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation -$148,511 $89,994 $11,280 -$541,914 $31,312
As % of expenses -19.0% 12.5% 2.1% -84.8% 4.7%
Unrestricted surplus (deficit) after depreciation -$149,327 $89,741 $10,508 -$542,686 $29,845
As % of expenses -19.1% 12.4% 2.0% -84.8% 4.4%
Revenue composition info
Total revenue (unrestricted & restricted) $625,015 $833,620 $721,757 $977,443 $3,624,509
Total revenue, % change over prior year -30.5% 33.4% -13.4% 35.4% 270.8%
Program services revenue 36.6% 54.2% 31.4% 8.2% 2.2%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 16.8% 7.6% 26.3% 11.1% 3.3%
Government grants 0.0% 0.0% 0.0% 11.8% 0.4%
All other grants and contributions 46.6% 38.1% 37.7% 51.2% 93.8%
Other revenue 0.0% 0.0% 4.7% 17.7% 0.3%
Expense composition info
Total expenses before depreciation $781,503 $720,834 $528,630 $639,155 $673,091
Total expenses, % change over prior year -17.7% -7.8% -26.7% 20.9% 5.3%
Personnel 32.5% 37.7% 45.3% 40.2% 41.0%
Professional fees 7.5% 4.9% 8.4% 11.2% 12.0%
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 60.0% 57.3% 46.3% 48.7% 47.0%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $782,319 $721,087 $529,402 $639,927 $674,558
One month of savings $65,125 $60,070 $44,053 $53,263 $56,091
Debt principal payment $0 $0 $0 $100,737 $0
Fixed asset additions $0 $3,860 $0 $0 $4,865
Total full costs (estimated) $847,444 $785,017 $573,455 $793,927 $735,514

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 1.7 6.5 9.7 7.7 58.7
Months of cash and investments 39.9 46.4 81.1 58.0 111.6
Months of estimated liquid unrestricted net assets 12.3 14.7 20.3 6.6 6.8
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $111,577 $391,175 $428,757 $410,438 $3,289,840
Investments $2,486,042 $2,394,008 $3,144,065 $2,676,233 $2,968,292
Receivables $16,754 $14,674 $10,546 $5,921 $2,390
Gross land, buildings, equipment (LBE) $3,573 $7,433 $7,434 $7,434 $12,299
Accumulated depreciation (as a % of LBE) 95.7% 49.4% 59.8% 70.2% 54.3%
Liabilities (as a % of assets) 0.6% 3.2% 3.6% 1.1% 0.3%
Unrestricted net assets $798,662 $888,403 $898,911 $356,225 $386,070
Temporarily restricted net assets $393,154 N/A N/A N/A N/A
Permanently restricted net assets $1,420,338 N/A N/A N/A N/A
Total restricted net assets $1,813,492 $1,836,284 $2,559,969 $2,706,243 $5,860,301
Total net assets $2,612,154 $2,724,687 $3,458,880 $3,062,468 $6,246,371

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

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 employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Newport Beach Public Library Foundation

Board of directors
as of 01/19/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Kevin Barlow


Board co-chair

Marilyn Krahe

Newport Beach Public Library Foundation

Term: 2023 - 2025

Emilie Menghin

Karen Clark

Mireya Llaurado

Joy Brenner

Linda Beimfohr

Ann Doyle Stephens

Walter Stahr

Jill Johnson-Tucker

Janet Hadley

Randy Heyler

Johanna Kim

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • 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 ? Yes
  • 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

SOURCE: Self-reported; last updated 2/23/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person with a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 10/19/2023

GuideStar 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

Data
  • 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.
Policies and processes
  • 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 help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • 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.