Queens Borough Public Library
87% goes to programs $0 to raise $100 Strong reserves
Queens Borough Public Library is a 501(c)(3) organization based in Jamaica, New York, registered in 1959, with $161,537,371 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
8911 Merrick Blvd, Jamaica, NY, 11432 EIN 11-1904262 Since 1959
Revenue (FY2023)
$161.5M
▼ 1.3% vs prior year
Education median: $200K
Expenses (FY2023)
$144.8M
Net assets
$119.6M
Employees
1,708
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $0 to raise $100
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. For Queens Borough Public Library: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +10% 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 Queens Borough Public Library: 10 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Queens Borough Public Library: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Queens Borough Public Library: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Queens library transforms lives by cultivating personal and intellectual growth and by building strong communities.
Contact & location
Financial trends
Revenue grew from $109.5M (FY2013) to $161.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $28.5MNet assets $119.6M
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$148.1M
Total liabilities
$28.5M
Net assets
$119.6M
Salaries & benefits
$113.7M
79% of expenses
Board members
17
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $161,537,371▼1.3% | $144,758,159▼2.8% | $119,589,225▲17.9% | $148,108,683▲11.9% | 990 |
| 2022 | $163,598,244▲10.9% | $148,881,415▲11.7% | $101,425,950▲17.8% | $132,320,213▲16.5% | 990 |
| 2021 | $147,563,186▲2.8% | $133,255,451▲2.7% | $86,133,022▲9.4% | $113,600,885▲2.9% | 990 |
| 2020 | $143,591,059▼3.7% | $129,759,310▼12.1% | $78,726,077▲26.1% | $110,452,645▲21.1% | 990 |
| 2019 | $149,149,285▲7.9% | $147,583,089▲8.6% | $62,409,229▲1.2% | $91,196,868▲2.1% | 990 |
| 2018 | $138,228,269▲4.5% | $135,923,553▲5.5% | $61,690,438▲3.3% | $89,295,882▼3.2% | 990 |
| 2017 | $132,215,810▲6.1% | $128,878,936▲5.1% | $59,727,500▲5.2% | $92,270,052▲5.2% | 990 |
| 2016 | $124,643,833 | $122,641,548▲0.6% | $56,787,637▲5.2% | $87,708,666▼0.5% | 990 |
| 2015 | $124,657,396▲5.2% | $121,954,280▲4.7% | $53,970,724▲4.4% | $88,124,637▲10.9% | 990 |
| 2014 | $118,499,298▲8.2% | $116,503,605▲7.9% | $51,683,002▲3.9% | $79,489,598▲6.4% | 990 |
| 2013 | $109,485,819 | $107,991,392▲5.7% | $49,763,410▲4.8% | $74,726,248▼26.0% | 990 |
| 2012 | — | $102,174,940▲0.1% | $47,472,733▼0.1% | $101,032,707▲21.1% | 990 |
| 2011 | — | $102,064,509▲3.3% | $47,528,437▲8.4% | $83,415,567▼20.3% | 990 |
| 2010 | — | $98,836,511▼3.0% | $43,860,582▲3.0% | $104,608,605▼13.3% | 990 |
| 2009 | — | $101,875,404 | $42,583,238 | $120,623,545 | 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.
Leadership & compensation (FY2023)
Highest-paid: Dennis Walcott — $266,761 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dennis Walcott | President & Ceo | 30 | $266,761 |
| Sung Kim | Coo & Svp | 39.2 | $257,124 |
| Stephen Mack | Cfo & Svp | 38 | $230,910 |
| Rafael Garcia | Systems Engineer 2 Itd | 40 | $221,573 |
| Lawrence Vedilago | Vp, Risk Management | 40 | $217,026 |
| Joseph Simmons | Desktop Supp.& Op. Coordinator | 40 | $215,888 |
| William Goldband | Vp, Itd | 40 | $208,968 |
| Justin Deabler Esq | General Counsel & Svp | 38 | $208,389 |
| Nick Buron | Chief Librarian & Svp | 38.4 | $205,709 |
| Andrew Wedmore | Labor Counsel & Director | 40 | $199,600 |
| Gitte Peng | Cos & Svp | 32 | $186,272 |
| Andrew Jackson | Trustee | 2 | — |
| Carl Koerner Esq | Trustee | 2 | — |
| Cloyette Harris-stoute | Trustee | 2 | — |
| Earl G Simons | Chair | 5 | — |
| Eli Shapiro | Vice Chair | 5 | — |
| George Russo Esq | Trustee | 2 | — |
| Guillermo Patino | Trustee | 2 | — |
| James Haddad Esq | Trustee | 2 | — |
| Jamie Lee | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cde Air Conditioning Co | Instal. & Replacemnt | $3,005,816 |
| Gryphon Construction Inc | Constructions | $2,529,212 |
| Framan Mechanical Inc | General Contractor | $2,411,976 |
| Universal Protection Service | Security Services | $1,590,866 |
| Lanmark Group Inc | General Contractor | $1,416,593 |
Grants received · $1.5M total
13 grants to Queens Borough Public Library totaling $1.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,500 |
| Food Bank For New York City | Program support | 2023 | $8,410 |
| Donor Advised Charitable Giving | Education | 2023 | $5,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,525 |
| Robin Hood Foundation | Poverty relief | 2021 | $490,000 |
| Newyork-presbyterian-queens | Support | 2021 | $10,000 |
| University of Pittsburgh | Research- subcontract | 2020 | $49,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $5,900 |
| Robin Hood Foundation | General | 2019 | $18,000 |
| The New York Public Library Astor Lenox and Tilden Foundations | See part iv | 2017 | $412,775 |
| The New York Public Library Astor Lenox and Tilden Foundations | See part iv | 2016 | $21,000 |
| The New York Public Library Astor Lenox and Tilden Foundations | — | 2015 | $218,540 |
| The New York Public Library Astor Lenox and Tilden Foundations | See part iv | 2014 | $218,091 |
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Compare Queens Borough Public Library
Frequently asked questions
- Is Queens Borough Public Library a legitimate nonprofit?
- Yes. Queens Borough Public Library is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-1904262, based in Jamaica, New York. Donations are tax-deductible.
- What is Queens Borough Public Library's EIN?
- Queens Borough Public Library's Employer Identification Number (EIN) is 11-1904262.
- How much revenue does Queens Borough Public Library report?
- Queens Borough Public Library reported $161,537,371 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Queens Borough Public Library's spending goes to programs?
- Queens Borough Public Library spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Queens Borough Public Library have?
- CharityIndex grades Queens Borough Public Library A, based on program efficiency and fundraising cost.
- How much does Queens Borough Public Library's highest-paid employee make?
- The highest reported compensation on Queens Borough Public Library's latest Form 990 is $266,761, paid to Dennis Walcott (President & Ceo).
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Data for Queens Borough Public Library (EIN 11-1904262) 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.