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
Financials as of 2020-06
Revenues
$7.5m
+$604k
8.7%
 
$4m: Grants & donations
 
$2m: Rel orgs
 
$1m: Govt grants
 
$848k: Misc other revenues
Expenses
$6.1m
-$2m
-20.4%
 
$2m: Salaries, non-officers
 
$598k: Deprec
 
$522k: Fee-for-service, other
 
$2m: Misc other expenses
Assets
$33.3m
+$10m
40.7%
 
$19m: A/R
 
$11m: Stocks & bonds
 
$10m: Bldg & equip
Liabilities
$25.4m
+$8m
47.4%
 
$24m: Notes & mortg pay
 
$502k: Unsecured notes
 
$469k: Accts pay
 
$440k: Misc other liabilities
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...

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.

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

Who funds Providence Public Library

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rhode Island FoundationDonation$50,000
 Subscribe to view██ ██ █$░░,░░░
 Subscribe to view██ ███ ██████ ███ ████$░░,░░░
...and 37 more grants received

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

Personnel at Providence Public Library

NameTitleCompensation
Aaron PetermanChief Operating Officer$103,941
Micah E. SalkindSecretary$0
Maria J R GoncalvesVice Chair$0
 Subscribe to viewTreasurer$0
 Subscribe to viewChair$0
...and 7 more key personnel

Organizations like Providence Public Library

OrganizationLocationRevenue
The Greenwich LibraryGreenwich, CT$4,008,236
James V Brown LibraryWilliamsport, PA$2,551,138
The Center for FictionBrooklyn, NY$2,062,326
Free Library of Philadelphia FoundationPhiladelphia, PA$13,405,389
Johnson City Public LibraryJohnson City, TN$2,175,933
Monroe County Public LibraryStroudsburg, PA$1,936,331
Queen Anne's County Free LibraryCentreville, MD$2,546,842
Southeastern Libraries Cooperating (SELCO)Rochester, MN$2,586,606
York County Libraries (YCL)York, PA$13,081,127
Trustees Of The Public Library Of The City Of BostonBoston, MA$10,953,414
Stark County District LibraryCanton, OH$16,324,743
Lexington Public LibraryLexington, KY$18,599,787
Martinsburg Berkeley County Public Library (MBCPL)Martinsburg, WV$1,968,813
Wicomico Public LibrarySalisbury, MD$3,239,612
Cold Spring Harbor LibraryCold Spring Harbor, NY$3,081,981
Lancaster Public LibraryLancaster, PA$2,289,506
Montgomery County-Norristown Public LibraryNorristown, PA$4,806,620
Bucks County Free LibraryDoylestown, PA$10,099,665
Proprietors of the Social Law LibraryBoston, MA$5,952,924
Newport Public LibraryNewport, RI$2,736,385
Wilmington Public LibraryWilmington, DE$3,008,766
Prince George's County Memorial Library SystemLargo, MD$35,080,991
Rochester Public LibraryRochester, NY$21,490,062
Southeastern Public Library System of OKMcalester, OK$5,431,258
Chemung County Library DistrictElmira, NY$3,851,003
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$7,535,662
2020
Yearly growth
8.7%
% of revenues
n/a
Total expenses
$6,065,521
2020
Yearly growth
-20.4%
% of expenses
n/a
Total assets
$33,332,898
2020
Yearly growth
40.7%
% of assets
n/a
Num. employees
60
2020
Yearly growth
-16.7%
% of total
n/a
General information
Address
150 Empire Street
Providence, RI 02903
Metro area
Providence-Warwick, RI-MA
Website URL
provlib.org/ 
Phone
(401) 455-8079
IRS details
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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