PLATINUM2023

LEXINGTON PUBLIC LIBRARY FOUNDATION

Lexington, KY   |  www.lexpublib.org/foundation
GuideStar Charity Check

LEXINGTON PUBLIC LIBRARY FOUNDATION

EIN: 31-1565272


Mission

Lexington Public Library Foundation enhances our public library system through advocacy, private funding, and strategic partnerships.

Ruling year info

1997

Principal Officer

Ms. Anne Gay Donworth

Main address

140 E Main St

Lexington, KY 40507 USA

Show more contact info

EIN

31-1565272

Subject area info

Arts and culture

Education

Libraries

Public libraries

Public affairs

Population served info

Children and youth

Adults

Ethnic and racial groups

Economically disadvantaged people

At-risk youth

NTEE code info

Libraries, Library Science (B70)

Arts, Cultural Organizations - Multipurpose (A20)

Public, Society Benefit - Multipurpose and Other N.E.C. (W99)

Programs and results

What we aim to solve

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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?

Library Collection

Lexington Public Library maintains a quality collection of print materials, periodicals, and audiovisual materials.  In addition to these traditional items, we also offer subscription online databases (such as Ancestry.com or Tutor.com), eBooks, eMagazines, eAudiobooks, streaming movies/music, and more.

Population(s) Served
Adults
Children and youth
Ethnic and racial groups
At-risk youth
Economically disadvantaged people

There are always exciting things happening at the library!  Here is a sample of what you can find: Weekly storytime programs for babies, toddlers, and preschoolers; Summer Reading Program specially designed to prevent Summer Reading Loss or "Summer Slide"; Free tax assistance with AARP; Homework Help program, plus an after school snack in partnership with God's Pantry; Job Training Skills - resume assistance, computer classes, etc.; Classes on a variety of interests for adults and youth.

Population(s) Served
Adults
Children and youth
Ethnic and racial groups
Economically disadvantaged people
Self-employed people

These are the physical locations where customers get their books, go to a class, participate in storytime programs, or learn how to program their eReader.  We offer six convenient locations where you can get the information you need!

Population(s) Served

The Outreach Department brings Library services to those who cannot physically get to the Library.  Special programs include the Storytime-To-Go Bus, Book Buddies, BookVan, Mobile Computer Lab, and more.

Population(s) Served

Our world is increasingly digital, and the Library has adapted to meet your needs virtually!  In addition to eBooks, you can now chat or text with our reference librarians, learn how to speak a foreign language, get live homework help, or more through our Virtual Services Department.  

Population(s) Served

Where we work

Awards

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 groups/individuals benefiting from tools/resources/education materials provided

This metric is no longer tracked.
Totals By Year
Related Program

Branch Locations

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

1.5 million visitors (21% increase year over year)

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.

We strive to be a community resource for education, entertainment, and civic engagement for everyone who lives or works in Fayette County. The library is essential to a thriving community, ensuring equitable access to information, education, and technology for all. Lexington Public Library Foundation raises funds to support Lexington Public Library programs, services, and special projects that go beyond what public dollars alone can support.

Donations do not fund day-to-day library operations, meaning that every dollar donated directly supports the library’s programs and initiatives. Because the library serves all people, businesses, and organizations, your charitable donation to the Library Foundation is quite literally a gift to our entire community.
The Lexington Public Library Foundation is also the voice of the library, advocating for the importance of the institution at the local and statewide level.

In 2018, LPL initiated a facilities master planning process that began with extensive conversations with community leaders, the general public, and library staff. The goal of this process was to ensure that the areas of greatest need and opportunity were represented and that relevant trends, innovations, and best practices for effective and sustainable library service, design, and operations were incorporated.

The resulting in a five-year strategy, concluding in 2023, provided a prioritized roadmap for future library capital projects in several key areas:

Leverage the Network
The Lexington-Fayette County communitys high mobility and LPLs effective network
offer the opportunity for libraries to complement rather than duplicate each other.
While the community expects to find certain core services in every library, LPL does
not need to provide its full menu of services in the same proportion at every location.
Rather, each library can tailor its services to meet more localized needs and interests.
Specialized programs requiring more resources, staff, and/or space can be offered in
strategic locations for higher quality and efficiency.
The Central Library is an essential component of LPLs network strategy. It provides
abundant space and an accessible central location for unique, signature services that
will draw community members from throughout the county. It also has the capacity to
help LPL rebalance space for the collection and other core services at branch libraries.

Build Capacity through Expansion
In order to maintain its target capacity ratio of 0.6 square feet per capita, LPL will
need to expand by up to 50,000 square feet over the next two decades. Given current
city growth patterns, LPL should continue to leverage its tradition of growth through
expanded facilities rather than adding net new locations. LPLs destination library
model supports excellent service and highly efficient operations, and the Library
should avoid adding small branches that are less effective and more expensive to
operate per square foot. The Library Board will continue to monitor growth in west
Lexington and will remain cognizant of any changing needs for new locations in the
area.

Currently, LPL is actively engaged in the strategic planning process to cast the next five year plan. The plan will launch in 2024. LPL is working with Berry Dunn, strategic vision and planning consultants, who have concluded 2023 community listening sessions that will guide the creation of the new strategic plan to ensure relevance and appropriate prioritization reflective of broad community need.

Established in 1795, the Lexington Public Library (LPL) is
a beloved institution that has provided Lexington-Fayette
County residents with the resources for success and a lifetime
of discovery for more than two centuries. Today, LPL serves a
community of more than 320,000 people through its six facilities,
innovative digital strategies, and expanding outreach services.
In addition to a rich collection, LPL offers diverse programs and
talented staff that further its mission to connect people, inspire
ideas, and transform lives.

In 2022, based on the community focused approach of the strategic planning process, LPL broke ground on the 30,000 sq. ft. facility known as the Marksbury Family Branch. This state-of-the-art addition to the Cardinal Valley area represents a much-needed capital investment to ensure access, resources, and impact. The new branch includes a multi-generational makerspace, designated children and teen areas, and increased capacity for an expanded collection of materials. Slated for completion in 2024, this represents a community need heard and brought into reality through the power of public and private partnership.

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 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 collect feedback from the people we serve at least annually, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), 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

LEXINGTON PUBLIC LIBRARY FOUNDATION
Fiscal year: Jul 01 - Jun 30

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 2022 info

SOURCE: IRS Form 990

1530.24

Average of 1403.09 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

52.8

Average of 11.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

LEXINGTON PUBLIC LIBRARY FOUNDATION

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

LEXINGTON 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

LEXINGTON PUBLIC LIBRARY FOUNDATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of LEXINGTON 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 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $200,705 -$200,705 $258,965 $128,822 $47,586
As % of expenses 56.8% -69.7% 103.2% 14.2% 31.6%
Unrestricted surplus (deficit) after depreciation $200,705 -$200,705 $258,965 $128,822 $47,586
As % of expenses 56.8% -69.7% 103.2% 14.2% 31.6%
Revenue composition info
Total revenue (unrestricted & restricted) $308,904 $459,471 $1,106,387 $226,813 $528,744
Total revenue, % change over prior year -37.0% 48.7% 140.8% -79.5% 133.1%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 1.4% 0.8% 0.7% 3.3% 1.4%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 98.9% 99.5% 95.1% 94.4% 94.8%
Other revenue -0.2% -0.3% 4.2% 2.4% 3.8%
Expense composition info
Total expenses before depreciation $353,133 $287,755 $251,052 $906,897 $150,377
Total expenses, % change over prior year 19.0% -18.5% -12.8% 261.2% -83.4%
Personnel 0.0% 0.0% 0.0% 0.0% 0.0%
Professional fees 21.5% 20.7% 8.0% 0.2% 1.4%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 74.8% 73.9% 85.5% 95.8% 81.8%
All other expenses 3.6% 5.4% 6.6% 4.0% 16.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $353,133 $287,755 $251,052 $906,897 $150,377
One month of savings $29,428 $23,980 $20,921 $75,575 $12,531
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $382,561 $311,735 $271,973 $982,472 $162,908

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 7.2 8.7 31.9 4.1 52.8
Months of cash and investments 13.3 24.1 67.5 10.6 81.1
Months of estimated liquid unrestricted net assets 6.8 0.0 12.4 5.1 34.7
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $212,838 $208,479 $668,361 $308,296 $661,899
Investments $178,094 $368,722 $743,389 $496,078 $354,127
Receivables $53 $53 $53 $53 $53
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.1% 0.0% 0.0% 0.1% 0.1%
Unrestricted net assets $200,705 $0 $258,965 $387,787 $435,373
Temporarily restricted net assets $190,064 $577,037 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $190,064 $577,037 $1,152,621 $415,976 $580,042
Total net assets $390,769 $577,037 $1,411,586 $803,763 $1,015,415

Key data checks

Key data checks info 2018 2019 2020 2021 2022
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

Principal Officer

Ms. Anne Gay Donworth

Anne Donworth serves as Director of Development for Lexington Public Library Foundation, where she is part of the Library's senior leadership team in addition to orchestrating a comprehensive fundraising program on its behalf. She is committed to helping make her library system, and thus her community, a better place for everyone to learn, play, and grow. She is a graduate of the University of Virginia and Leadership Lexington, an active member of the Rotary Club of Lexington and Good Shepherd Episcopal Church, and currently serves on several nonprofit boards. She and her husband, Richie, founded Scarteen Stud, an equine breeding and boarding operation, in 2014 while raising their two young daughters.

Number of employees

Source: IRS Form 990

LEXINGTON 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.

LEXINGTON PUBLIC LIBRARY FOUNDATION

Board of directors
as of 12/13/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ms. Erin Serrate

Asio Capital

Term: 2022 - 2020

Larry Smith

Chair, Lex Public Library Board

Jeanne Clark

Community Volunteer

Carolyn Purcell

Physician (retired)

Chris Reames

Hilliard-Lyons

Erin Serrate

Asio Capital

Ramsey Bova

Moneywatch Advisors

Chapman Hopkins

Stoll Keenon Ogden

Roda Ferraro

National Museum of Racing and Hall of Fame

Jomo Thompson

UK Athletics/The Burl

Heather Dieffenbach

Lexington Public Library

Susan Lancho

Kentucky American Water

Lisa Smith

Columbia Gas - NiSource

Lucy Jones

Community Advocate

Ralph Coldiron

Lexington Public Library Board of Trustees

Selina Shepherd

Kentucky Bank

Mary Lynne Capilouto

University of Kentucky

John Gohmann

PNC Bank

Mary Haggin

McBrayer

Connie Jennings

UK Healthcare

Keith Key

Bank of America

Jordan Parker

Traditional Bank

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 ? 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? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 12/13/2023

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
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

No data

Equity strategies

Last updated: 05/06/2022

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 review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • 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.
There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser