2026-05-27T13:21:39-05:00 2025-12-31 463220328 AKINS HENKE AND COMPANY 600 INWOOD AVENUE NORTH SUITE 140 OAKDALE MN 55128 990 2025-01-01 363579536 FRIENDS OF THE HENNEPIN COUNTY LIBRARY FRIE 6125438100 300 NICOLLET MALL MINNEAPOLIS MN 55401 KRISTI PEARSON CEO 6125438100 2026-05-26 1 CHRIS J HENKE P01008921 6516363806 2026-05-26 2025 2025-03-06 01:10:19Z KRISTI PEARSON 300 NICOLLET MALL MINNEAPOLIS MN 55401 6983477 0 X WWW.SUPPORTHCLIB.ORG X 1986 MN BUILD AWARENESS, APPRECIATION AND SUPPORT FOR OUR WORLD CLASS LIBRARY. 13 13 12 45 0 0 3314457 4898904 525053 582147 491233 474408 9526 21504 4340269 5976963 2400000 2500000 0 0 953875 1067778 0 0 657016 703015 674443 4056890 4242221 283379 1734742 8532906 10776532 274680 254669 8258226 10521863 X FRIENDS OF THE HENNEPIN COUNTY LIBRARY IS THE FUNDRAISING PARTNER OF HENNEPIN COUNTY LIBRARY AND BUILDS AWARENESS, APPRECIATION AND SUPPORT FOR OUR WORLD-CLASS LIBRARY. 0 0 2590310 2500000 LIBRARY SUPPORT: AS THE LIBRARY'S NONPROFIT FUNDRAISING PARTNER, FHCL BUILDS LIBRARY AWARENESS AND APPRECIATION THROUGH COMPELLING STORYTELLING AND RAISES SIGNIFICANT FINANCIAL RESOURCES FOR LIBRARY STRATEGIC PRIORITIES, INCLUDING WORKFORCE DEVELOPMENT, COMMUNITY OUTREACH, YOUTH DEVELOPMENT AND THE WORLD CLASS COLLECTION. TOGETHER, WE ENVISION A HENNEPIN COUNTY WHERE LIBRARY SERVICES ENSURE THAT EVERY PERSON HAS THE OPPORTUNITY AND RESOURCES TO READ, GRADUATE, ENGAGE, WORK AND LEARN. 295126 582147 PEN PALS: PEN PALS IS THE HIGHLY ACCLAIMED, LONGEST RUNNING LITERARY SERIES IN THE TWIN CITIES FEATURING AWARD-WINNING, BEST-SELLING AUTHORS WHO SPEAK ON THEIR LIFE AND WORK AS WRITERS. THIS AUTHOR LECTURE SERIES GENERATES INCOME SUPPORTING THE ORGANIZATION'S MISSION. FORTY-ONE VOLUNTEERS ASSISTED STAFF AT FIVE IN-PERSON EVENTS, CONTRIBUTING 280 HOURS TO THE PROGRAM. IN 2025, 4,500 PEOPLE ATTENDED IN-PERSON EVENTS, AND 3,320 HOUSEHOLDS ATTENDED VIRTUAL LIVESTREAM PROGRAMS OR ON-DEMAND RECORDINGS. 482854 PUBLIC AWARENESS AND DONOR ENGAGEMENT: TALK OF THE STACKS IS A FREE AUTHOR LECTURE SERIES PRODUCED BY FRIENDS WITH GUEST AUTHORS WHO FOCUS ON CONTEMPORARY LITERATURE AND CULTURE ACROSS AN ARRAY OF SOCIAL, ECONOMIC AND GLOBAL TOPICS. THE 2025 SEASON INCLUDED FOUR IN-PERSON EVENTS, THAT ALSO OFFERED A VIRTUAL LIVESTREAM OPTION, AND ONE VIRTUAL-ONLY PROGRAM. IN TOTAL, 740 PEOPLE ATTENDED IN-PERSON EVENTS, 2,190 HOUSEHOLDS ATTENDED VIRTUAL PROGRAMS AND 1,590 ACCESSED ON-DEMAND RECORDINGS THROUGHOUT THE YEAR AT NO COST. IN ADDITION TO THESE PROGRAMS, ONE AUTHOR/BOOK CLUB PANEL EVENT WAS PRODUCED WITH 225 PEOPLE ATTENDING IN-PERSON, 140 HOUSEHOLDS ATTENDING VIRTUALLY, AND ANOTHER 290 ATTENDEES VIEWING THE ON-DEMAND RECORDING THEREAFTER. FINALLY, ONE LIBRARY FUNDRAISER WAS (CONTINUED ON SCHEDULE O)ATTENDED BY 151 GUESTS, AND ONE DONOR STEWARDSHIP LUNCHEON WAS ATTENDED BY 116 GUESTS. FURTHER PUBLIC AWARENESS PIECES ON BEHALF OF THE LIBRARY SYSTEM: 2,500 PRINTED EVENT GUIDES WERE DISTRIBUTED TO AUDIENCE MEMBERS AT THE FIVE IN-PERSON PEN PALS EVENTS AND FOUR IN-PERSON TALK OF THE STACKS EVENTS, AND 1,036 ATTENDEES ACCESSED VIRTUAL EVENT GUIDES. MORE THAN 25,984 PRINT NEWSLETTERS WERE DISTRIBUTED. 12 EMAIL COMMUNICATIONS WERE SENT TO 30,779 E-NEWS SUBSCRIBERS. SOCIAL MEDIA FOLLOWERS (FACEBOOK, INSTAGRAM, TWITTER, LINKEDIN) GREW TO 14,883 SUBSCRIBERS, AND THERE WERE 163,934 FHCL WEBSITE VISITS. 3368290 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X LINDA K MERRITT 6125438100 300 NICOLLET MALL MINNEAPOLIS MN 55401 MOHAMMED LAWAL PRESIDENT 1.00 X X 0 0 0 KAI SAKSTRUP VICE PRESIDENT 1.00 X X 0 0 0 BETSY SYLVESTER TREASURER 1.00 X X 0 0 0 JONATHAN GAW SECRETARY 1.00 X X 0 0 0 JULIE ALLINSON DIRECTOR 1.00 X 0 0 0 JULIA DAYTON KLEIN DIRECTOR 1.00 X 0 0 0 JOHN GIBBS DIRECTOR 1.00 X 0 0 0 JARED HANKS DIRECTOR 1.00 X 0 0 0 LISSA JONES-LOFGREN DIRECTOR 1.00 X 0 0 0 ROSA MARROQUIN DIRECTOR 1.00 X 0 0 0 JANE MCDONALD BLACK DIRECTOR 1.00 X 0 0 0 NAWAL NOOR DIRECTOR 1.00 X 0 0 0 KYLE PARSONS DIRECTOR 1.00 X 0 0 0 KRISTI PEARSON CEO 40.00 X 183843 0 7909 KERSTIN BEYER LAJUZAN CDO 40.00 X 126113 0 11238 309956 0 19147 2 0 1 0 0 26365 106000 4766539 129513 4898904 PROGRAM REVENUE 713990 582147 582147 582147 285067 285067 1181609 992268 189341 189341 189341 35750 26365 14246 21504 21504 5976963 582147 0 495912 2500000 2500000 191752 124639 19174 47939 725849 328121 69071 328657 21795 10671 1287 9837 63206 32690 4168 26348 65176 32076 6266 26834 14900 14900 77960 77960 81374 40808 200 40366 53237 38978 3467 10792 139422 38870 1651 98901 56822 35931 7358 13533 3796 2136 289 1371 9450 851 2567 6032 3995 3995 PROGRAM EVENTS 173069 165174 0 7895 PROCESSING FEES 60418 17345 4562 38511 4242221 3368290 216915 657016 412329 549755 2534070 100946 53049 52067 48236 114638 114638 0 0 7417809 8141177 8532906 10776532 32518 33039 242162 221630 274680 254669 X 6986494 9351383 1271732 1170480 8258226 10521863 8532906 10776532 1734742 528895 0 X 0 1 X 1 0 X 5266939 4242561 3227457 3314457 4898904 20950318 5266939 4242561 3227457 3314457 4898904 20950318 3883518 17066800 94230 132436 205011 225070 285067 941814 21892132 2264257 0.77960 0.77740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4725656 1050000 680682 219371 6236967 2943367 1550000 372454 140165 4725656 2565770 50245 343430 16078 2943367 1517436 1591303 -524016 18953 2565770 1483038 1500 143595 110697 1517436 0.83220 0.12590 0.04190 0 0 114638 114638 0 0 X 6498588 528895 70000 690 599585 5899003 77960 77960 5976963 4234951 70000 690 70690 4164261 77960 77960 4242221 PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED TO ENHANCE THE HENNEPIN COUNTY LIBRARY COLLECTIONS AND PROGRAMS. PART X, LINE 2: IT IS THE POLICY OF FRIENDS OF HCL, IN ACCORDANCE WITH U.S. GAAP, TO ASSESS ANY UNCERTAIN TAX POSITIONS AND, IF NECESSARY, RECORD A LIABILITY AND RELATED INCOME TAX EXPENSE FOR ANY UNCERTAIN TAX POSITIONS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY FRIENDS OF HCL AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 690. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 690. GAVIN KAYSEN EVENT 62115 26365 35750 9323 4923 62115 26365 35750 9323 4923 14246 21504 1 HENNEPIN COUNTY LIBRARY 12601 RIDGEDALE DRIVE MINNETONKA MN 55305 416005801 GOVERNMENT ENTITY 2500000 0 OPERATING SUPPORT FOR PRIORITY PROGRAMS AND INITIATIVES. 1 PART I, LINE 2: FRIENDS OF THE HENNEPIN COUNTY LIBRARY STAFF WORK CLOSELY WITH THE HENNEPIN COUNTY LIBRARY STAFF TO SEEK PRIVATE FUNDING TO ENHANCE COLLECTIONS AND PROGRAMS NOT FULLY FUNDED THROUGH PUBLIC REVENUE STREAMS. LIBRARY STAFF AND FRIENDS OF THE HENNEPIN COUNTY LIBRARY STAFF WORK TOGETHER TO DOCUMENT AND REPORT ON THE EXPENDITURES OF THESE PRIVATELY SECURED GRANT FUNDS. X X 0 0 0 0 0 0 0 0 0 KRISTI PEARSON CEO 178843 0 5000 0 0 0 5515 0 2394 0 191752 0 0 0 X 24 129513 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 FOR ACCURACY AND COMPLETENESS, THEN FORWARDS TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FHCL'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, STAFF AND FAMILY MEMBERS OF DIRECTORS AND STAFF. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO FHCL. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE PRESIDENT, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. PRIOR TO BOARD OR COMMITTEE ACTION, THE PERSON WHO HAS A CONFLICT SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE PERSON WHO HAS A CONFLICT OF INTEREST MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM, NOR VOTE ON THE MATTER OF INTEREST, NOR BE PRESENT IN THE ROOM DURING THE VOTE, UNLESS THE VOTE IS BY SECRET BALLOT. ALL DISCLOSURES OF POTENTIAL CONFLICTS SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION WAS DETERMINED AT THE TIME OF HIRING BY THE HUMAN RESOURCES SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE USING DATA FROM COMPARABLE NON-PROFITS IN THE AREA. THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR WHICH DETERMINES ANY CHANGES TO COMPENSATION. THIS REVIEW LAST OCCURRED ON JANUARY 30, 2026 COVERING THE PERIOD OF JANUARY 1 TO DECEMBER 31, 2025. ADDITIONALLY, THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW FOR ALL KEY STAFF. THE DESIGN OF THE EVALUATION MAY CHANGE ANNUALLY AND MAY OR MAY NOT INCLUDE REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. STAFF MERITS ARE APPROVED ON AN ANNUAL BASIS DURING THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION SUBMITS ANNUAL REPORTS TO THE MINNESOTA OFFICE OF THE ATTORNEY GENERAL AND THE CHARITIES REVIEW COUNCIL. THESE REPORTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THEIR OFFICES AND WEBSITES. ADDITIONALLY, THE ORGANIZATION PRODUCES AN ANNUAL REPORT WHICH DISCLOSES THE OPERATIONS OF THE YEAR. THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC COPIES OF OUR ANNUAL AUDITED FINANCIAL STATEMENTS, TAX FILINGS, CONFLICT OF INTEREST POLICY, AND OTHER GOVERNING DOCUMENTS UPON REQUEST.