Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
BROOKLYN PUBLIC LIBRARY
Employer identification number
11-1904261
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization?
................
11g(i)
(ii)
a family member of a person described in (i) above?
......................
11g(ii)
(iii)
a 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of support?
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
93,903,989
104,931,668
105,035,094
101,415,702
98,949,141
504,235,594
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3..
93,903,989
104,931,668
105,035,094
101,415,702
98,949,141
504,235,594
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6
Public Support. Subtract line 5 from line 4.
504,235,594
Section B. Total Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
7
Amounts from line 4..
93,903,989
104,931,668
105,035,094
101,415,702
98,949,141
504,235,594
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
3,994,761
3,064,606
-2,993,805
1,998,411
2,422,838
8,486,811
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
22,905
22,905
10
Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
320,692
392,335
388,458
35,790
32,512
1,169,787
11
Total support (Add lines 7 through 10).
513,915,097
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
11,904,277
13
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here..........................................
Section C. Computation of Public Support Percentage
14
Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f))
.........
14
98.116 %
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
97.981 %
16a
33 1/3% support test—2010.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
......................
b
33 1/3% support test—2009.
If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2010.
If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization
..................................................
b
10%-facts-and-circumstances test—2009.
If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported organization
..............................................
18
Private Foundation
If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions
...................................................
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public Support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13
Total support (Add lines 9, 10c, 11 and 12.).
14
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public Support Percentage for 2010 (line 8 column (f) divided by line 13 column (f))
.........
15
16
Public support percentage from 2009 Schedule A, Part III, line 15
...............
16
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2010 (line 10c column (f) divided by line 13 column (f))
......
17
18
Investment income percentage from 2009 Schedule A, Part III, line 17
.............
18
19a
33 1/3% support tests—2010.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
..........
b
33 1/3% support tests—2009.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
....
20
Private Foundation
If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information.
Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2010
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
BROOKLYN PUBLIC LIBRARY
Employer identification number
11-1904261
Identifier
Return Reference
Explanation
PART VI - SECTIONS A AND B AND FORM 8868
LINES 4, 7a, 11a, 12c, 15, 18-19
LINE 4 On May 17, 2011, the Board of Trustees of Brooklyn Public Library voted to amend the Bylaws to create the two new positions of "President and Chief Executive Officer (CEO)" and "Director of The Library and Chief Librarian." These two new positions replaced the positions of "Executive Director" and "Deputy Director of Public Service," respectively. LINE 7A In acccordance with the Library's by-laws the governing board (Trustees) has the authority to manage and control the affairs of the Library. The board of trustees shall consist of no more than thirty eight members. By virtue of their respective offices the Mayor of the City of New York, the Comptroller of the City of New York, the Speaker of the City Council of the City of New York and the President of the Borough of Brooklyn are Ex-Officio Trustees of the Library. Each Ex-Officio may appoint a representative to serve on his or her behalf as a member of the board. Each representative appointed by an Ex-Officio shall be counted as part of the quorum, may vote and have all the same rights and privileges of the Ex-Officio or any other member of the Board, except in cases where this is prohibited by law. The Mayor of the City of New York and the President of the Borough of Brooklyn may each appoint eleven Trustees to hold offices for a term of three years or until their resignation or their successor is appointed. LINE 11A The Tax Returns are prepared by management, with the assistance of the auditors, EisnerAMPER LLP. Once a final draft of the Tax Returns are received from the external auditors, the Director of Finance and Controller conduct a first level review with the Chief Financial Officer. Pending any amendments or corrections, the Chief Financial Officer, Director of Finance and Controller, then review the packet with the Executive Director. After reviewing the draft with the Executive Director, the Draft of the Tax Returns are forwarded to the members of Audit and Finance Committees in preparation for a formal review at a joint meeting of the Audit and Finance Committees attended by the external auditors, senior members of the Library's executive team along with the CFO, Director of Finance and Controller. At this meeting, staff reviews the reports with the attendees. Questions are fielded and if necessary, corrections are made. Once the review is completed, the members of the Audit Committee vote to accept the report and to recommend acceptance by the full Board of Trustees. The report (amended if required) is then forwarded to the full Board for their review and final acceptance. The complete report is included as pre-read materials in the Board meeting packet. The Audit Committee chair presents the report to the full Board, highlights the contents and recommends final acceptance. If there are no corrections or amendments, the Board of Trustees votes to accept the IRS Forms 990, 990-T, New York State Forms CHAR 500, CT 13 and any other tax forms as presented. Once this process is complete, the Form 8453 is signed by the Chief Financial Officer. The Forms 990 and 8453 are then electronically filed to the IRS by the external auditors. The Library manually files the Forms 990T and New York State Forms CHAR 500 and CT 13. LINE 12C The Library has a conflict of interest policy which is signed annually by every member of the Board of Trustees and key (senior) members of the Library's management team. A copy of the Library's conflict of interest policy can be obtained from Library's website at http://www.brooklynpubliclibrary.org/pdf/about/ConflictInterest.pdf for review and signature. LINE 15 The salary of the Interim Executive Director (an at will employee) was negotiated by the compensation committee, of the Board of Trustees. The salaries of the other officers and key employees are based on information derived from data from a compensation study of comparative organizations (public libraries, cultural organizations and not for profit institutions). LINES 18 and 19 Conflict of Interest Policy The Library has a conflict of Interest policy for members of the Board of Trustees and key members of staff. This policy is available for review on the Library's intranet, Trustee website and the Library's public website. Financial statements It is the policy of the Library to make its financial statements, 990 and 990T available to the public upon request. Copies of its most recent audited financial statements are posted on its website and available to the public at the following link: http://brooklynpubliclibrary.org/financials.jsp Copies are also available upon request from the Finance Department. FORM 8868 - APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS PAPER FILED.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.