Larry J Bell Library Foundation is a 501(c)(3) organization based in Kalamazoo, Michigan, registered in 2021, with $8,860,380 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$8.9M
▲ 21.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$594K
Net assets
$46.3M
Employees
—
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 Larry J Bell 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 →
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 Larry J Bell Library Foundation: 934 mo reserves · +93% margin earns a B+ on this criterion. See the exact thresholds →
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 Larry J Bell 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 →
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 Larry J Bell Library Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $15.0M (FY2021) to $8.9M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
93.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$46.3M
Total liabilities
$864
Net assets
$46.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,860,380▲21.6% | $594,151▼5.9% | $46,265,867▲21.8% | $46,266,731▲21.8% | 990PF |
| 2023 | $7,287,419▼56.1% | $631,146▲133% | $37,999,638▲21.2% | $38,000,397▲21.2% | 990PF |
| 2022 | $16,618,864▲10.8% | $271,220▲6238% | $31,343,365▲109% | $31,343,687▲109% | 990PF |
| 2021 | $15,000,000 | $4,279 | $14,995,721 | $14,995,721 | 990PF |
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.
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Data for Larry J Bell Library Foundation (EIN 87-1650953) 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.