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Nonprofit · EIN 91-1505230

KING COUNTY LIBRARY SYSTEM FOUNDATION

Tax-exempt · ISSAQUAH, WA 98027

Financials

$2.9M$2M2023$2.2M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of KING COUNTY LIBRARY SYSTEM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,161,587$1,748,267$413,320$12,020,103$145,349$11,874,754
December 31, 2023990$2,877,541$2,027,680$849,861$11,358,530$115,302$11,243,228
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,483,529
of which government grants
$51,309
Program service revenue
$0
Investment income
$586,206
Net gain from sales of assets
$437,062
Net income from fundraising events
-$90,056
Net income from sales of inventory
$159,944
Other revenue
$91,852

Expenses

Grants and similar amounts paid
$1,541,640
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$84,028
Program services (functional)
$1,541,640
Management and general (functional)
$41,578
Fundraising (functional)
$165,049

Balance sheet and other

Total assets, start of year
$11,358,530
Total assets, end of year
$12,020,103
Total liabilities, end of year
$145,349
Net assets, end of year
$11,874,754
Publicly traded securities
$7,754,915
Net assets without donor restrictions
$9,058,707
Net assets with donor restrictions
$2,816,047
Gross receipts
$3,387,206
Employees
0
Volunteers
69
Year formed
1990
State of legal domicile
WA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Jim WigfallPresident
Trustee or director, Officer
1$0
Desiree GoodVice President
Trustee or director, Officer
1$0
Jeff GuddatTreasurer
Trustee or director, Officer
1$0
Sandra CollierSecretary
Trustee or director, Officer
1$0
Shobana BalakrishnanDirector
Trustee or director
1$0
Cathleen BrueskeDirector
Trustee or director
1$0
Raymond ChanDirector
Trustee or director
1$0
Pennie Clark IannicielloDirector
Trustee or director
1$0
Amy CoreyDirector
Trustee or director
1$0
Laura DillawayDirector
Trustee or director
1$0
Michael FrantzDirector
Trustee or director
1$0
Patricia FrielDirector
Trustee or director
1$0
Jennifer HaakensonDirector
Trustee or director
1$0
Greg HendershottDirector
Trustee or director
1$0
Theresa HuiziDirector
Trustee or director
1$0
12 more people on this return
NameTitleHours / weekCompensation
Jesse JandaDirector
Trustee or director
1$0
Debbie KuehnerDirector
Trustee or director
1$0
Erika LindsayDirector
Trustee or director
1$0
Anena MetoyerDirector
Trustee or director
1$0
Harriett MortonDirector
Trustee or director
1$0
Anne RepassDirector
Trustee or director
1$0
Piper SangstonDirector
Trustee or director
1$0
Rick TaylorDirector
Trustee or director
1$0
Anna JohnsonDirector
Trustee or director
1$0
Lily LaMotteDirector
Trustee or director
1$0
Maria WestDirector
Trustee or director
1$0
Lisa YamasakiExecutive Dir.
Officer
40$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensation
JIM WIGFALLPRESIDENT
Trustee or director, Officer
1$0
DESIREE GOODVICE PRESIDENT
Trustee or director, Officer
1$0
JEFF GUDDATTREASURER
Trustee or director, Officer
1$0
SANDRA COLLIERSECRETARY
Trustee or director, Officer
1$0
SHOBANA BALAKRISHNANBOARD MEMBER
Trustee or director
1$0
DOREEN BINGOBOARD MEMBER
Trustee or director
1$0
CATHLEEN BRUESKEBOARD MEMBER
Trustee or director
1$0
RAYMOND CHANBOARD MEMBER
Trustee or director
1$0
PENNIE CLARK IANNICIELLOBOARD MEMBER
Trustee or director
1$0
AMY COREYBOARD MEMBER
Trustee or director
1$0
LAURA DILLAWAYBOARD MEMBER
Trustee or director
1$0
MIKE FRANTZBOARD MEMBER
Trustee or director
1$0
PATRICIA FRIELBOARD MEMBER
Trustee or director
1$0
JENNIFER HAAKENSONBOARD MEMBER
Trustee or director
1$0
GREGORY HENDERSHOTTBOARD MEMBER
Trustee or director
1$0
THERESA HUIZIBOARD MEMBER
Trustee or director
1$0
DUCKSOON HWANGBOARD MEMBER
Trustee or director
1$0
JESSE JANDABOARD MEMBER
Trustee or director
1$0
DEBBIE KUEHNERBOARD MEMBER
Trustee or director
1$0
ERIKA LINDSAYBOARD MEMBER
Trustee or director
1$0
ANENA METOYERBOARD MEMBER
Trustee or director
1$0
HARRIETT MORTONBOARD MEMBER
Trustee or director
1$0
ANNE REPASSBOARD MEMBER
Trustee or director
1$0
PIPER SANGSTONBOARD MEMBER
Trustee or director
1$0
STEPHANIE SWANEBOARD MEMBER
Trustee or director
1$0
RICK TAYLORBOARD MEMBER
Trustee or director
1$0
LISA YAMASAKIEXECUTIVE DIRECTOR
Officer
40$0

Address and contacts

Address (IRS master file)
960 NEWPORT WAY NW, ISSAQUAH, WA 98027-2702
In care of
% JEANNE THORSEN
Principal officer (990 for 2024)
Lisa Yamasaki, 960 Newport Way NW, Issaquah, WA 98027
Signed the 990
Lisa Yamasaki, Executive Director
Phone
(425) 369-3450
Return prepared by
JACOBSON LAWRENCE & ASSOCIATES PLLC

Mission

The King County Library System Foundation promotes literacy, learning, and libraries by providing support beyond public funding for initiatives and resources that enable the King County Library System to better serve the needs of our community.

990 for the year ended December 31, 2024

Program accomplishments

  • KCLS Summer Reading was granted approximately $226,000. For low-income youth, simple access to books is the main barrier to reading engagement. This annual summer program provides books for all ages and focuses on habituating reading through challenges, incentives, and programs. Approximately $205,000 was granted to support KCLS Library innovation. These programs include Design thinking training, Community Creator, and National Endowment for Humanities (NEH) climate action plan. Collectively, these programs are improving the ability of KCLS to utilize data and technology to better serve its increasingly diverse communities. The other programs funded total approximately $76,000. Agility fund includes one million Reads, Amharic and Tigrignan Storytime, Library Services Platform Research, Regional Retreat, Books to support Author Event and Continuous Imaginative Play Renton Library.
    Expenses $507,640 · grants $507,640
  • Approximately $411,000 was granted to support Community Services & Outreach. A majority of this amount supported Peers in Libraries, approximately $304,000. This program connects library patrons who have barriers to obtaining basic needs met, are experiencing housing instability or are unhoused, or are living with HIV/AIDS with services and resources to move them toward stability and improved health. KCLS Extending Services to People Experiencing Homelessness program, increases access for people who experience barriers to utilizing library buildings and programs due to housing instability. This program brings library resources and programs to community locations such as tent cities, shelters, day centers, treatment clinics, food banks, and subsidized housing. Services include book distribution, hotspot lending, activity kits, referrals to public benefits, and early literacy programs. Services to patrons experiencing food insecurity program provides books and programming to ten food bank locations across our service area. each location receives $1,000 stipend for programming that includes story times, food literacy, and community resource navigation. The Welcoming Centers programs goal is to facilitate connections and create communities of belonging among immigrants, refugees, and new arrivals. It functions as a point of connection, a suite of wraparound services, and a resolution that all libraries are places of belonging.
    Expenses $411,000 · grants $411,000
  • Accessibility and Inclusion programs were granted approximately $370,000. This set of programs advance DEI in our communities in a number of ways. First, Writers of Color Author Series a series of online programs featuring high-profile BIPOC authors. A BIPOC community leader from King County moderates each event. Next, Connect: Wi-Fi Hotspots and Laptops program makes internet access available to people who would not otherwise be able to access it by distributing laptops and hotspots to partner agencies that serve people who are experiencing housing insecurity, as well as low-income seniors, immigrants, refugees, and students. Connecting Older Adults Online program takes a holistic approach providing learning opportunities that build the digital skills necessary in todays world, and art and humanities activities that are necessary for emotional well-being as people age. Older adults and caregivers are served through 40 online digital literacy classes, 100 online arts classes, and an online author series. The LGBTQIA+ Intergen Peer Programming a pilot program in which library staff will collaborate with community organizations to develop a framework for designing intergenerational LGBTQIA+ Programming and will host a series of 3 programs based on that framework. Lastly, Memory Labs Funded by a grant from The Mellon Foundation, KCLS will work with community partners during the Memory Lab project to gather, amplify, and preserve the stories of patrons who have been impacted by systemic inequities, and language and cultural barriers.
    Expenses $370,000 · grants $370,000
  • Approximately $253,000 was granted to support Lifelong Literacy & Learning Programs. These programs include Raising a Reader, Supporting Grade Level Reading, and Study Zone. Raising a Reader is a nationally recognized caregiver engagement and book delivery program, built upon research showing that childrens literacy increases when families are engaged in a regular reading routine and have access to high-interest books that are developmentally appropriate with diverse representation. Through partnerships with other agencies, we connect directly with high-priority audiences. KCLS provides developmentally appropriate and diverse books for young children and their families, which are distributed through community partners each week. Supporting Grade Level Reading OTTER & Sasquatch Award. A program that helps reluctant and eager readers alike develop and strengthen their love of reading by offering fun books, engaging activities, and the voice to vote for their favorite books of the year. Book sets are distributed using an equity lens prioritizing schools that are under-resourced. StudyZone, a volunteer-led program providing learning support in a consistent and positive environment allowing students to receive tutoring in all subjects. It also gives English language learners the opportunity to practice English conversation and reading with their peers and get homework help from tutors who speak a wide range of languages.
    Expenses $253,000 · grants $253,000

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1505230
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B71I)
Assets (IRS master file)
$12,020,103
Income (IRS master file)
$3,387,206

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,161,587$1,748,267$12,020,103IRS
990December 2023$2,877,541$2,027,680$11,358,530XML
990December 2022$2,604,351$1,800,909$9,794,730IRS
990December 2021–––IRS
990December 2020–––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 91-1505230).

Questions about KING COUNTY LIBRARY SYSTEM FOUNDATION

What is the EIN of KING COUNTY LIBRARY SYSTEM FOUNDATION?
The employer identification number (EIN) of KING COUNTY LIBRARY SYSTEM FOUNDATION is 91-1505230.
Is KING COUNTY LIBRARY SYSTEM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to KING COUNTY LIBRARY SYSTEM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KING COUNTY LIBRARY SYSTEM FOUNDATION 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 KING COUNTY LIBRARY SYSTEM FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KING COUNTY LIBRARY SYSTEM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KING COUNTY LIBRARY SYSTEM FOUNDATION?
The 990 for the year ended December 31, 2024 names Lisa Yamasaki.
Who are the officers and directors of KING COUNTY LIBRARY SYSTEM FOUNDATION?
The 990 for the year ended December 31, 2024 lists 27 people; 0 received compensation from the organization.
How much revenue does KING COUNTY LIBRARY SYSTEM FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,161,587, expenses of $1,748,267 and total assets of $12,020,103 at year end.

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