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Wisconsin · Nonprofit

HEDBERG PUBLIC LIBRARY FOUNDATION

HEDBERG PUBLIC LIBRARY FOUNDATION (Wisconsin) receives grants from 4 organizations whose IRS filings report $68,700 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($25,000). 3 of them have funded it in more than one year.

Revenue FY2024
$107k
Funders on record
4
Grants received
$69k
Net assets
$1.5M
3/4 repeat funderspeak grant-dependency 18%
01What it does

What Hedberg Public Library Foundation does

Mission

The purpose of the organization is to focus public attention on library services and provide a conduit for contribution of books, desirable collections, endowments, and bequests to janesville's hedberg public library.

As stated on its FY2024 Form 990.

Program

  1. Conduit for contribution of books, desirable collections to janesville's hedberg public library

    $32,535 spentof which $32,535 as grants$66,578 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $32,535.

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 ($248k) Expenses 100 ($253k) Net assets 100 ($934k)2018 Revenue 33 ($82k) Expenses 29 ($74k) Net assets 96 ($895k)2019 Revenue 124 ($307k) Expenses 125 ($316k) Net assets 112 ($1.0M)2020 Revenue 31 ($78k) Expenses 21 ($53k) Net assets 128 ($1.2M)2021 Revenue 60 ($149k) Expenses 47 ($118k) Net assets 151 ($1.4M)2022 Revenue 44 ($109k) Expenses 24 ($60k) Net assets 129 ($1.2M)2023 Revenue 38 ($95k) Expenses 29 ($74k) Net assets 140 ($1.3M)2024 Revenue 43 ($107k) Expenses 14 ($34k) Net assets 155 ($1.5M)
'17'18'19'20'21'22'23'24
Revenue (43)Expenses (14)Net assets (155)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 2020 to 2021, from $1.2M to $1.4M (+19%).

$934k
$895k
$1.0M
$1.2M
$1.4M
$1.2M
$1.3M
$1.5M
'17'18'19'20'21'22'23'24
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
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

62% of HEDBERG PUBLIC LIBRARY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$5k
’17
$8k
’18
−$9k
’19
$25k
’20
$31k
’21
$50k
’22
$21k
’23
$73k
’24
26
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed7779101077
Joined·+0+2+3+3+0+3+0
No longer listed·0212060
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $17k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 36% 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 HEDBERG PUBLIC LIBRARY FOUNDATION’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

HEDBERG PUBLIC LIBRARY FOUNDATION leans on a few funders — its largest provides 36% of grant income and the top three 99%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

36% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HEDBERG PUBLIC LIBRARY FOUNDATION.

36%
largest funder
99%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 92% · 2022 77% · 2023 87% — 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

HEDBERG PUBLIC LIBRARY FOUNDATION draws 57% of its grant income from funders outside Wisconsin, across 2 states in all.

IL
WI

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

’18
’19
’20
’21
’22
’23
Wisconsin out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state 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

HEDBERG PUBLIC LIBRARY FOUNDATION runs a healthier operating margin than three-quarters of the 22,812 education nonprofits its size.

Operating margin68% · top quartile
Months of reserve25.8mo · top quartile
Revenue growth (annualized)−11% · bottom quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like HEDBERG PUBLIC LIBRARY FOUNDATION

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 Wisconsin

Nationally

05Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

7
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

66%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WI

Screen this organization

A dated, signed PDF of the compliance screen for HEDBERG PUBLIC LIBRARY FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HEDBERG PUBLIC LIBRARY FOUNDATION?
HEDBERG PUBLIC LIBRARY FOUNDATION (Wisconsin) receives grants from 4 organizations whose IRS filings report $68,700 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($25,000). 3 of them have funded it in more than one year.
How many funders does HEDBERG PUBLIC LIBRARY FOUNDATION have?
IRS filings report 4 organizations giving $68,700 in grants to HEDBERG PUBLIC LIBRARY FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of HEDBERG PUBLIC LIBRARY FOUNDATION?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like HEDBERG PUBLIC LIBRARY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 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