Skip to main content

Nonprofit · EIN 36-3579536

FRIENDS OF THE HENNEPIN COUNTY LIBRARY

Tax-exempt · MINNEAPOLIS, MN 55401

Financials

$4.1M$4M2023$4.3M$4.1M2024$6M$4.2M2025
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE HENNEPIN COUNTY LIBRARY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,976,963$4,242,221$1,734,742$10,776,532$254,669$10,521,863
December 31, 2024990$4,340,269$4,056,890$283,379$8,532,906$274,680$8,258,226
December 31, 2023990$4,105,719$4,015,277$90,442$8,044,246$302,748$7,741,498
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$4,898,904
of which government grants
$106,000
Program service revenue
$582,147
Investment income
$474,408
Net gain from sales of assets
$189,341
Net income from fundraising events
$21,504
Other revenue
$21,504

Expenses

Grants and similar amounts paid
$2,500,000
Compensation of officers, directors and key employees
$191,752
Other salaries and wages
$725,849
Salaries, compensation and benefits (total)
$1,067,778
Professional fundraising fees
$0
Accounting fees
$14,900
Travel
$3,796
Program services (functional)
$3,368,290
Management and general (functional)
$216,915
Fundraising (functional)
$657,016

Balance sheet and other

Total assets, start of year
$8,532,906
Total assets, end of year
$10,776,532
Total liabilities, end of year
$254,669
Net assets, end of year
$10,521,863
Publicly traded securities
$8,141,177
Net assets without donor restrictions
$9,351,383
Net assets with donor restrictions
$1,170,480
Gross receipts
$6,983,477
Employees
12
Volunteers
45
Year formed
1986
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KRISTI PEARSONCEO
Officer
40$183,843$7,909
KERSTIN BEYER LAJUZANCDO
Highest-paid employee
40$126,113$11,238
MOHAMMED LAWALPRESIDENT
Trustee or director, Officer
1$0$0
KAI SAKSTRUPVICE PRESIDENT
Trustee or director, Officer
1$0$0
BETSY SYLVESTERTREASURER
Trustee or director, Officer
1$0$0
JONATHAN GAWSECRETARY
Trustee or director, Officer
1$0$0
JULIE ALLINSONDIRECTOR
Trustee or director
1$0$0
JULIA DAYTON KLEINDIRECTOR
Trustee or director
1$0$0
JOHN GIBBSDIRECTOR
Trustee or director
1$0$0
JARED HANKSDIRECTOR
Trustee or director
1$0$0
LISSA JONES-LOFGRENDIRECTOR
Trustee or director
1$0$0
ROSA MARROQUINDIRECTOR
Trustee or director
1$0$0
JANE MCDONALD BLACKDIRECTOR
Trustee or director
1$0$0
NAWAL NOORDIRECTOR
Trustee or director
1$0$0
KYLE PARSONSDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
KRISTI PEARSONCEO
Officer
40$163,284$22,981
ROSA MARROQUINPRESIDENT
Trustee or director, Officer
1$0$0
MOHAMMED LAWALVICE PRESIDENT
Trustee or director, Officer
1$0$0
JONATHAN GAWTREASURER
Trustee or director, Officer
1$0$0
JULIA DAYTON KLEINSECRETARY
Trustee or director, Officer
1$0$0
JULIE ALLINSONDIRECTOR
Trustee or director
1$0$0
JOHN GIBBSDIRECTOR
Trustee or director
1$0$0
LISSA JONES-LOFGRENDIRECTOR
Trustee or director
1$0$0
NAWAL NOORDIRECTOR
Trustee or director
1$0$0
KYLE PARSONSDIRECTOR
Trustee or director
1$0$0
KAI SAKSTRUPDIRECTOR
Trustee or director
1$0$0
BETSY SYLVESTERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
KRISTI PEARSONCEO
Officer
40$166,934$12,084
ADAM BREININGERCOO
Highest-paid employee
40$113,187$15,204
ROSA MARROQUINPRESIDENT
Trustee or director, Officer
1$0$0
MOHAMMED LAWALVICE PRESIDENT
Trustee or director, Officer
1$0$0
JONATHAN GAWTREASURER
Trustee or director, Officer
1$0$0
JULIA DAYTON KLEINSECRETARY
Trustee or director, Officer
1$0$0
JULIE ALLINSONDIRECTOR
Trustee or director
1$0$0
JOHN GIBBSDIRECTOR
Trustee or director
1$0$0
LISSA JONES-LOFGRENDIRECTOR
Trustee or director
1$0$0
CHARLIE KNUTHDIRECTOR
Trustee or director
1$0$0
NAWAL NOORDIRECTOR
Trustee or director
1$0$0
KYLE PARSONSDIRECTOR
Trustee or director
1$0$0
KAI SAKSTRUPDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
300 NICOLLET MALL SUITE N290, MINNEAPOLIS, MN 55401-1925
Principal officer (990 for 2025)
KRISTI PEARSON, 300 NICOLLET MALL, MINNEAPOLIS, MN 55401
Signed the 990
KRISTI PEARSON, CEO
Phone
(612) 543-8100
Return prepared by
AKINS HENKE AND COMPANY

Mission

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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $2,590,310 · grants $2,500,000
  • 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.
    Expenses $295,126 · revenue $582,147
  • 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.
    Expenses $482,854

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3579536
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,776,532
Income (IRS master file)
$6,983,477

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,976,963$4,242,221$10,776,532XML
990December 2024$4,340,269$4,056,890$8,532,906IRS
990December 2023$4,105,719$4,015,277$8,044,246XML
990December 2022$4,920,419$3,996,666$7,411,418IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3579536).

Questions about FRIENDS OF THE HENNEPIN COUNTY LIBRARY

What is the EIN of FRIENDS OF THE HENNEPIN COUNTY LIBRARY?
The employer identification number (EIN) of FRIENDS OF THE HENNEPIN COUNTY LIBRARY is 36-3579536.
Is FRIENDS OF THE HENNEPIN COUNTY LIBRARY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to FRIENDS OF THE HENNEPIN COUNTY LIBRARY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE HENNEPIN COUNTY LIBRARY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF THE HENNEPIN COUNTY LIBRARY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE HENNEPIN COUNTY LIBRARY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FRIENDS OF THE HENNEPIN COUNTY LIBRARY?
The 990 for the year ended December 31, 2025 names KRISTI PEARSON.
Who are the officers and directors of FRIENDS OF THE HENNEPIN COUNTY LIBRARY?
The 990 for the year ended December 31, 2025 lists 15 people; 2 received compensation from the organization, the highest $183,843 (KRISTI PEARSON, CEO).
How much revenue does FRIENDS OF THE HENNEPIN COUNTY LIBRARY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,976,963, expenses of $4,242,221 and total assets of $10,776,532 at year end.

Other nonprofits in MINNEAPOLIS

All nonprofits in MINNEAPOLIS · Minnesota