EIN 05-0262713

Providence Public Library

IRS 501(c) type
501(c)(3)
Num. employees
60
Year formed
1875
Most recent tax filings
2020-06-01
Description
Providence Public Library inspires lifelong education among all rhode islanders, fostering personal fulfillment and enhanced quality of life for an informed, enlightened and engaged citizenry. Library services. Providence Public Library engages learne...
Total revenues
$7,535,662
2020
Total expenses
$6,065,521
2020
Total assets
$33,332,898
2020
Num. employees
60
2020

Program areas at Providence Public Library

Program of servicethe Providence Public Library is a progressive and respected 144 year old private, not-for-profit institution. The Library achieves its mission through the provision of traditional and innovative Library services, with a focus on programs best meeting the city and state's lifelong learning needs.during the year ended june 30, 2020, an estimated 21,684 people visited the Library, with total usage of resources and materials topping 190,100. Public access computers were used 16,826 times. Library users received information assistance from Library staff a total of 10,320 times. Additionally, the Library provided a total of 1,643 programs for children and adults, generating a total attendance of 17,463. Note that usage was lower than a normal year due to much of the building being closed for renovations.during the year ending june 30, 2020, 1,654 children and families attended 72 educational programs designed to build literacy, critical thinking skills, steam competencies, and lifelong love of reading and learning from an early age. Participation in our passport to summer learning initiative continues to grow with 1,861 students returning completed passports to their schools at the beginning of the 2018-2019 school year, more than double 2017's total of 903, with 48% of students who completed their passports reading for at least 800 minutes over the summer.from june 2016 to may 2019, the Library has served 948 teens. 464 teens have earned academic credit or digital badges; 205 completed projects that demonstrate specific 21st century skills; 285 created web portfolios that can be used for college or work applications, and 263 have gained work exposure.the Library conducted over 30 esl, citizenship, digital literacy, and transition to college classes this past year in various locations, and served 425 adult students from 37 countries in 18 locations in Providence, east Providence, cumberland, cranston, pawtucket, central falls and west warwick. Locations included Public libraries, community centers, Public schools, state one stop employment centers, and work sites. 44% of students advanced at least two grade levels in reading; 103 students entered employment, college or a training program (many were already employed); and 24 students became u.s. citizens. 30 students completed a microsoft office certificate training program, co-taught by the Library and roger williams university staff.during the year ending june 30, 2020, 259 adults participated in rhode coders and data navigators with a greater than 50% enrollment by females and people of color. Of 49 surveyed, 10 advanced to a coding bootcamp after course completion; 3 advanced to college computer courses; 4 are now employed in data-related positions; and 7 have been hired or are doing freelance work in the software field.
Sales leasebackon march 30, 2012, the Library entered into a lease agreement and option to sell the Library's seven branch buildings to the city of Providence (city). The Library had short-term leases with the city for $1 annually since july 1, 2009. The new lease is a long-term, absolute net lease for the leased premises, at the end of which the city will have the option to purchase the leased premises or any one or more of the individual branches, for a purchase price of $1 for each branch purchased.under the lease, the Library will bear no expense whatsoever with respect to the operation or maintenance of the leased premises during the term. The city will be permitted to sublease the leased premises to the Providence community Library (pcl) to operate the branches as libraries so long as the sublease agreement between the city and pcl requires pcl to comply with the terms of the lease.

Who funds Providence Public Library

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rhode Island FoundationDonation$50,000
Local Initiatives Support CorporationSee Part Iv$44,720
1772 FoundationSupport for Think Again Campaign To Be Used for Fire Protection Improvements$15,000
...and 35 more grants received totalling $221,470

Personnel at Providence Public Library

NameTitleCompensation
Aaron PetermanChief Operating Officer$53,586
Micah E. SalkindSecretary$0
Christopher StevensTreasurer$0
Robert W EdwardsChair$0
Kasandra LarsenController$40,883
...and 7 more key personnel

Financials for Providence Public Library

RevenuesFYE 06/2020
Total grants, contributions, etc.$6,687,498
Program services$309,939
Investment income and dividends$538,225
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,535,662

Form 990s for Providence Public Library

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-26990View PDF
2019-062021-01-28990View PDF
2018-062019-05-14990View PDF
2017-062018-05-14990View PDF
2016-062017-10-06990View PDF
...and 6 more Form 990s
Data update history
July 26, 2022
Received grants
Identified 2 new grant, including a grant for $5,000 from Dollar General Literacy Foundation
October 2, 2021
Received grants
Identified 21 new grant, including a grant for $50,000 from The Rhode Island Foundation
September 12, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
May 25, 2021
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
SchoolsLibraries and archivesHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
State / local levelReceives government fundingGala fundraisersTax deductible donations
General information
Address
150 Empire St
Providence, RI 02903
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
provlib.org/ 
Phone
(401) 455-8079
IRS details
EIN
05-0262713
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1875
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B70: Libraries, Library Science
NAICS code, primary
51912: Libraries and Archives
Parent/child status
Central organization
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