Carmel-by-the Sea Public Library Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Carmel-by-the Sea Public Library Foundation is a 501(c)(3) organization based in Carmel, California, registered in 1994, with $8,607,390 in FY2024 revenue. CharityIndex grades it B.
Po Box 2042, Carmel, CA, 93921 EIN 77-0257681 Since 1994
Revenue (FY2024)
$8.6M
▲ 399.6% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$21.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carmel-by-the Sea Public Library Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating222 mo reserves · +86% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carmel-by-the Sea Public Library Foundation: 222 mo reserves · +86% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carmel-by-the Sea Public Library Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carmel-by-the Sea Public Library Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 2042, Carmel, CA, 93921
- City
- Carmel
- State
- California
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $726K (FY2013) to $8.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $19KNet assets $21.9M
Operating margin
86.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$21.9M
Total liabilities
$19K
Net assets
$21.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,607,390▲400% | $1,185,418▲13.4% | $21,912,452▲59.2% | $21,931,542▲58.7% | 990 |
| 2023 | $1,722,799▲171% | $1,045,407▲37.6% | $13,767,093▲15.9% | $13,818,861▲16.0% | 990 |
| 2022 | $636,140▼77.1% | $759,903▲15.1% | $11,882,523▲5.1% | $11,917,628▲5.2% | 990 |
| 2021 | $2,778,911▲220% | $660,436▲1.2% | $11,308,429▼6.1% | $11,330,278▼6.1% | 990 |
| 2020 | $867,431▼63.0% | $652,897▼20.5% | $12,045,781▲22.0% | $12,062,580▲22.0% | 990 |
| 2019 | $2,344,161▲217% | $821,333▲19.0% | $9,873,404▲22.6% | $9,885,183▲22.3% | 990 |
| 2018 | $740,287▼59.5% | $690,119▲19.0% | $8,054,292▲0.6% | $8,084,243▲0.9% | 990 |
| 2017 | $1,828,057▲119% | $580,040▼0.2% | $8,003,933▲12.6% | $8,008,446▲12.6% | 990 |
| 2016 | $835,339▼21.6% | $580,990▼2.6% | $7,110,244▲7.7% | $7,110,244▲7.7% | 990 |
| 2015 | $1,065,215▼18.1% | $596,742▲3.2% | $6,599,864▲4.0% | $6,602,542▲3.8% | 990 |
| 2014 | $1,301,120▲79.3% | $578,327▲2.1% | $6,346,616▲7.8% | $6,359,711▲8.0% | 990 |
| 2013 | $725,568 | $566,419▼0.9% | $5,885,482▲9.0% | $5,888,673▲9.0% | 990 |
| 2012 | — | $571,504▼6.0% | $5,399,114▲7.1% | $5,402,304▲6.8% | 990 |
| 2011 | — | $608,186▲1.0% | $5,043,026▲0.3% | $5,057,031▲0.4% | 990 |
| 2010 | — | $602,014 | $5,029,162 | $5,035,360 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $812K total
12 grants to Carmel-by-the Sea Public Library Foundation totaling $812K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Education | 2023 | $515,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,300 |
| Donor Advised Charitable Giving | Education | 2022 | $13,100 |
| Donor Advised Charitable Giving | Education | 2021 | $14,550 |
| Donor Advised Charitable Giving | Education | 2020 | $12,100 |
| Donor Advised Charitable Giving | Education | 2020 | $12,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $5,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $53,450 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $127,100 |
| Community Foundation For Monterey County | General support | 2016 | $14,500 |
| Community Foundation For Monterey County | General support | 2015 | $19,000 |
| Community Foundation For Monterey County | General support | 2014 | $17,334 |
Frequently asked questions
- Is Carmel-by-the Sea Public Library Foundation a legitimate nonprofit?
- Yes. Carmel-by-the Sea Public Library Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 77-0257681, based in Carmel, California. Donations are tax-deductible.
- What is Carmel-by-the Sea Public Library Foundation's EIN?
- Carmel-by-the Sea Public Library Foundation's Employer Identification Number (EIN) is 77-0257681.
- How much revenue does Carmel-by-the Sea Public Library Foundation report?
- Carmel-by-the Sea Public Library Foundation reported $8,607,390 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carmel-by-the Sea Public Library Foundation have?
- CharityIndex grades Carmel-by-the Sea Public Library Foundation B, based on financial health (reserves and operating margin).
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Data for Carmel-by-the Sea Public Library Foundation (EIN 77-0257681) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.