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New York · Nonprofit

FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC

FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC (New York) receives grants from 6 organizations whose IRS filings report $208,704 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($133,000). 2 of them have funded it in more than one year.

Revenue FY2025
$74k
Funders on record
6
Grants received
$209k
Net assets
$91k
2/6 repeat funderspeak grant-dependency 71%
01What it does

What Friends and Foundation of the Alb Pub Lib Inc does

Mission

Organizations primary exempt purpose is as follows: the friends and foundation of the albany public library, inc. Provides financial assistance and support for library programs and projects and assists the librarys board of trustees in making its programs and facilities more valuable to the community.

As stated on its FY2025 Form 990-EZ.

Programs

  1. Full-year digital inclusion for library patrons and albany housing authority residents (hardware & fees); 300+ people benefited.

    $22,760 spent
    64% of program spending
  2. Fine art exhibitions at the pine hill branch

    $9,492 spent
    27% of program spending
  3. Full-year weekly book talks main branch, with grant-funded free transportation from senior housing complex; other exps printing, postage & refreshments; 20-25 attendes.

    $3,184 spent
    9% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $35,436.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($26k) Expenses 100 ($45k) Net assets 100 ($54k)2018 Revenue 309 ($81k) Expenses 172 ($78k) Net assets 105 ($57k)2021 Revenue 239 ($62k) Expenses 192 ($87k) Net assets 57 ($31k)2022 Revenue 719 ($187k) Expenses 270 ($122k) Net assets 177 ($96k)2023 Revenue 262 ($68k) Expenses 252 ($114k) Net assets 93 ($51k)2024 Revenue 462 ($121k) Expenses 226 ($102k) Net assets 127 ($69k)2025 Revenue 283 ($74k) Expenses 114 ($52k) Net assets 168 ($91k)
2017201820212022202320242025
Revenue (283)Expenses (114)Net assets (168)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $31k to $108k (+245%).

$55k
$60k
$31k
$108k
$57k
$70k
$99k
2017201820212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

97% of FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$19k
’17
$3k
’18
−$25k
’21
$65k
’22
−$46k
’23
$18k
’24
$22k
’25
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 2 funders to 3 funders, grant income fell $26k → $15k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC leans on a few funders — its largest provides 64% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

64%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 66% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC draws 65% of its grant income from funders outside New York, across 2 states in all.

NY
CA

In-state vs out-of-state, by year

’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC runs a healthier operating margin than three-quarters of the 17,277 education nonprofits its size.

Operating margin30% · top quartile
Revenue growth (annualized)14% · top quartile

this organization peer median middle 50% of peers· 17,277 education nonprofits under $100k, FY2025

Organizations like FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC?
FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC (New York) receives grants from 6 organizations whose IRS filings report $208,704 to it, the largest being THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION ($133,000). 2 of them have funded it in more than one year.
How many funders does FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC have?
IRS filings report 6 organizations giving $208,704 in grants to FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC, 2 of which have funded it in more than one year.
Who is the largest funder of FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC?
THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION is the largest funder on record, with $133,000 in grants. The full list of funders is on this page.
How can an organization like FRIENDS AND FOUNDATION OF THE ALB PUB LIB INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends and Foundation of the Alb Pub Lib →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing