I Information about Form 990 and its instructions is at Inspection

Transcription

1 Return of Organization Exempt From nome Tax OMB No Form Under setion 501(), 527, or 4947(a)(1) of the nternal Revenue Code (exept private foundations) 990 À¾µº Do not enter Soial Seurity numers on this form as it may e made puli. Open to Puli Department of the Treasury nternal Revenue Servie nformation aout Form 990 and its instrutions is at nspetion A For the 2016 alendar year, or tax year eginning, 2016, and ending, 20 B J Chek if appliale: Address hange Name hange nitial return C Name of organization Doing Business As Numer and street (or P.O. ox if mail is not delivered to street address) Room/suite D E Employer identifiation numer Telephone numer Terminated City or town, state or provine, ountry, and ZP or foreign postal ode Amended JAMACA, NY G Gross reeipts $ 127,70,074. return Appliation F Name and address of prinipal offier: DENNS WALCOTT H(a) s this a group return for Yes No pending suordinates? MERRCK BOULEVARD JAMACA, NY H() Are all suordinates inluded? Yes No Tax-exempt status: 501()() 501() ( ) (insert no.) 4947(a)(1) or 527 f "No," attah a list. (see instrutions) J Wesite: H() Group exemption numer K Form of organization: Corporation Trust Assoiation Other L Year of formation: M State of legal domiile: Summary Ativities & Governane Revenue Expenses Net Assets or Fund Balanes m m m m m m m m m m m m m m m m m m m m m m m 2 Chek this ox if the organization disontinued its operations or disposed of more than 25% of its net assets. Numer of voting memers of the governing ody (Part V, line 1a) 4 Numer of independent voting memers of the governing ody (Part V, line 1) 4 5 Total numer of individuals employed in alendar year 2016 (Part V, line 2a) 5 6 Total numer of volunteers (estimate if neessary) m m m m m m m m 6 7a Total unrelated usiness revenue from Part V, olumn (C), line 12 7a Net unrelated usiness taxale inome from Form 990-T, line 4 m m m m m m m m m m m m m m m m m m m m m m m m 7 Prior Year Part THE QUEENS BOROUGH PUBLC LBRARY Contriutions and grants (Part V, line 1h) COPY FOR Program servie revenue (Part V, line 2g) m m m m m m m m m PUBLC NSPECTON nvestment inome (Part V, olumn (A), lines, 4, and 7d) m m m m m Other revenue (Part V, olumn (A), lines 5, 6d, 8, 9, 10, and 11e) Total revenue - add lines 8 through 11 (must equal Part V, olumn (A), m m line m m 12) m Grants and similar amounts paid (Part, olumn (A), lines 1-) Benefits paid to or for memers (Part, olumn (A), line 4) m m m m m m m m m m Salaries, other ompensation, employee enefits (Part, olumn (A), lines 5-10) a Professional fundraising fees (Part, olumn (A), line 11e) m m m m m m m m m m m m m m m m m Total fundraising expenses (Part, olumn (D), line 25) 9,7 Other expenses (Part, olumn (A), lines 11a-11d, 11f-24e) m m m m m m Total expenses. Add lines 1-17 (must equal Part, olumn (A), line 25) Revenue less expenses. Sutrat line 18 from line 12 m m m m m m m m m m m m m m m m m m m m Total assets (Part, line 16) m Total liailities (Part, line 26) m m m m m m m m m m m m m Net assets or fund alanes. Sutrat line 21 from line 20 m m m m m m m m m m m m m m m m m m Signature Blok 07/01 06/ MERRCK BOULEVARD (718) NY Part 1 Briefly desrie the organization's mission or most signifiant ativities: QUEENS LBRARY TRANSFORMS LVES BY CULTVATNG PERSONAL AND NTELLECTUAL GROWTH AND BY BULDNG STRONG COMMUNTES. Beginning of Current Year Current Year End of Year ,085. 1,9 122,44,4. 122,596,667. 1,607,097. 1,446,46 442, , ,21 169, ,657, ,64,8. 94,565,44. 99,218, ,88,846. 2,42, ,954,28 122,641,548. 2,70,116. 2,002, ,124,67. 87,708,666. 4,15,91. 0,921,029. 5,970, ,787,67. Under penalties of perjury, delare that have examined this return, inluding aompanying shedules and statements, and to the est of my knowledge and elief, it is true, orret, and omplete. Delaration of preparer (other than offier) is ased on all information of whih preparer has any knowledge. Sign Here M Signature of offier Date M Type or print name and title Print/Type preparer's name Preparer's signature Date Chek if PTN Paid PAUL HAMMERSCHMDT 5/1/2018 self-employed P Preparer Firm's name Use Only BDO USA, LLP Firm's address 100 PARK AVENUE NEW YORK, NY May the RS disuss this return with the preparer shown aove? (see instrutions) Yes No Firm's EN Phone no. m m m m m m m m m m m m m m m m m m m m m m m m m For Paperwork Redution At Notie, see the separate instrutions. Form 990 (2016) 6E MN 702V 4/0/ :06:5 PM V PAGE 2

2 Form 990 (2016) Page 2 Part Statement of Program Servie Aomplishments Chek if Shedule O ontains a response or note to any line in this Part m m m m m m m m m m m m m m m m m m m m m m m m 1 Briefly desrie the organization's mission: ATTACHMENT 1 THE QUEENS BOROUGH PUBLC LBRARY m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m f "Yes," desrie these new servies on Shedule O. m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 2 Did the organization undertake any signifiant program servies during the year whih were not listed on the prior Form 990 or 990-EZ? Yes No Did the organization ease onduting, or make signifiant hanges in how it onduts, any program servies? Yes No f "Yes," desrie these hanges on Shedule O. 4 Desrie the organization's program servie aomplishments for eah of its three largest program servies, as measured y expenses. Setion 501()() and 501()(4) organizations are required to report the amount of grants and alloations to others, the total expenses, and revenue, if any, for eah program servie reported. 4a (Code: ) (Expenses $ 107,429,099. inluding grants of $ ) (Revenue $ 1,569,091. ) PROVDES LBRARY SERVCES TO THE RESDENTS OF QUEENS COUNTY, NEW YORK. THE LBRARY ALSO OFFERS A COMPREHENSVE RANGE OF LTERACY, EDUCATONAL, VOCATONAL, EMPLOYMENT, HEALTH, CULTURAL, RECREATONAL, AND SOCAL SERVCES PROGRAMMNG TO THE PUBLC. THESE PROGRAMS AND SERVCES NCLUDE: EARLY CHLDHOOD LTERACY, CHLDREN'S PROGRAMS, YOUTH DEVELOPMENT AND YOUTH ENRCHMENT, CASE MANAGEMENT, COMPUTER AND TECHNOLOGY TRANNG, ADULT LTERACY, JOB READNESS TRANNG/WORKFORCE DEVELOPMENT, ADULT PROGRAMS, OLDER ADULT PROGRAMS, HEALTH, NEW AMERCANS PROGRAMS, AND SPECAL PROGRAMS. 4 (Code: ) (Expenses $ inluding grants of $ ) (Revenue $ ) 4 (Code: ) (Expenses $ inluding grants of $ ) (Revenue $ ) 4d Other program servies (Desrie in Shedule O.) (Expenses $ inluding grants of $ ) (Revenue $ ) 4e Total program servie expenses 107,429,099. 6E Form 990 (2016) 1185MN 702V 4/0/ :06:5 PM V PAGE

3 Form 990 (2016) Page Part V Cheklist of Required Shedules m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m s the organization required to omplete Shedule B, Shedule of Contriutors (see instrutions)?m m m m m m m m m m Did the organization engage in diret or indiret politial ampaign ativities on ehalf of or in opposition to andidates for puli offie? f "Yes," omplete Shedule C, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m Setion 501()() organizations. Did the organization engage in loying ativities, or have a setion 501(h) eletion in effet during the tax year? f "Yes," omplete Shedule C, Part m m m m m m m m m m m m m m m m m m m m m m s the organization desried in setion 501()() or 4947(a)(1) (other than a private foundation)? f "Yes," omplete Shedule A 1 2 s the organization a setion 501()(4), 501()(5), or 501()(6) organization that reeives memership dues, assessments, or similar amounts as defined in Revenue Proedure 98-19? f "Yes," omplete Shedule C, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization maintain any donor advised funds or any similar funds or aounts for whih donors have the right to provide advie on the distriution or investment of amounts in suh funds or aounts? f "Yes," omplete Shedule D, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization reeive or hold a onservation easement, inluding easements to preserve open spae, the environment, histori land areas, or histori strutures? f "Yes," omplete Shedule D, Part m m m m m m m m m m Did the organization maintain olletions of works of art, historial treasures, or other similar assets? f "Yes," omplete Shedule D, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization report an amount in Part, line 21, for esrow or ustodial aount liaility, serve as a ustodian for amounts not listed in Part ; or provide redit ounseling, det management, redit repair, or det negotiation servies? f "Yes," omplete Shedule D, Part V m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization, diretly or through a related organization, hold assets in temporarily restrited endowments, permanent endowments, or quasi-endowments? f "Yes," omplete Shedule D, Part Vm m m m m m m m 11 f the organization s answer to any of the following questions is "Yes," then omplete Shedule D, Parts V, V, V,, or as appliale. a Did the organization report an amount for land, uildings, and equipment in Part, line 10? f "Yes," d e f omplete Shedule D, Part V m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization report an amount for investments-other seurities in Part, line 12 that is 5% or more of its total assets reported in Part, line 16? f "Yes," omplete Shedule D, Part V m m m m m m m m m m m m m m m m m Did the organization report an amount for investments-program related in Part, line 1 that is 5% or more of its total assets reported in Part, line 16? f "Yes," omplete Shedule D, Part V m m m m m m m m m m m m m m m m m Did the organization report an amount for other assets in Part, line 15 that is 5% or more of its total assets reported in Part, line 16? f "Yes," omplete Shedule D, Part m m m m m m m m m m m m m m m m m m m m Did the organization report an amount for other liailities in Part, line 25? f "Yes," omplete Shedule D, Part m m m m m m m Did the organization s separate or onsolidated finanial statements for the tax year inlude a footnote that addresses the organization's liaility for unertain tax positions under FN 48 (ASC 740)? f "Yes," omplete Shedule D, Part m m m m m m 12a Did the organization otain separate, independent audited finanial statements for the tax year? f "Yes," omplete a THE QUEENS BOROUGH PUBLC LBRARY Shedule D, Parts and m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Was the organization inluded in onsolidated, independent audited finanial statements for the tax year? f "Yes," and if the organization answered "No" to line 12a, then ompleting Shedule D, Parts and is optional s the organization a shool desried in setion 170()(1)(A)(ii)? f "Yes," omplete Shedule E Did the organization maintain an offie, employees, or agents outside of the United States?m m m m m m m m m m m m m Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, usiness, investment, and program servie ativities outside the United States, or aggregate foreign investments valued at $100,000 or more? f "Yes," omplete Shedule F, Parts and V m m m m m m m m m m m Did the organization report on Part, olumn (A), line, more than $5,000 of grants or other assistane to or for any foreign organization? f "Yes," omplete Shedule F, Parts and V m m m m m m m m m m m m m m m m m m m m m m Did the organization report on Part, olumn (A), line, more than $5,000 of aggregate grants or other assistane to or for foreign individuals? f "Yes," omplete Shedule F, Parts and V m m m m m m m m m m m m m m m m Did the organization report a total of more than $15,000 of expenses for professional fundraising servies on Part, olumn (A), lines 6 and 11e? f "Yes," omplete Shedule G, Part (see instrutions) m m m m m m m m m m m m m Did the organization report more than $15,000 total of fundraising event gross inome and ontriutions on Part V, lines 1 and 8a? f "Yes," omplete Shedule G, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization report more than $15,000 of gross inome from gaming ativities on Part V, line 9a? f "Yes," omplete Shedule G, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m a d 11e 11f 12a a Yes No Form 990 (2016) 6E MN 702V 4/0/ :06:5 PM V PAGE 4

4 Form 990 (2016) Page 4 Part V 20 a a d 25 a a a 6E THE QUEENS BOROUGH PUBLC LBRARY Cheklist of Required Shedules (ontinued) Did the organization operate one or more hospital failities? f "Yes," omplete Shedule H m m m m m m m f "Yes" to line 20a, did the organization attah a opy of its audited finanial statements to this return? m m m m m m Did the organization report more than $5,000 of grants or other assistane to any domesti organization or domesti government on Part, olumn (A), line 1? f "Yes," omplete Shedule, Parts and m m m m m m m m m m Did the organization report more than $5,000 of grants or other assistane to or for domesti individuals on Part, olumn (A), line 2? f "Yes," omplete Shedule, Parts and m m m m m m m m m m m m m m m m m m m m m m m m Did the organization answer "Yes" to Part V, Setion A, line, 4, or 5 aout ompensation of the organization's urrent and former offiers, diretors, trustees, key employees, and highest ompensated employees? f "Yes," omplete Shedule J m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization have a tax-exempt ond issue with an outstanding prinipal amount of more than $100,000 as of the last day of the year, that was issued after Deemer 1, 2002? f "Yes," answer lines 24 through 24d and omplete Shedule K. f "No," go to line 25a m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization invest any proeeds of tax-exempt onds eyond a temporary period exeption?m m m m m m m Did the organization maintain an esrow aount other than a refunding esrow at any time during the year to defease any tax-exempt onds? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization at as an "on ehalf of" issuer for onds outstanding at any time during the year? m m m m m m Setion 501()(), 501()(4), and 501()(29) organizations. Did the organization engage in an exess enefit transation with a disqualified person during the year? f "Yes," omplete Shedule L, Part m m m m m m m m m m m m s the organization aware that it engaged in an exess enefit transation with a disqualified person in a prior year, and that the transation has not een reported on any of the organization's prior Forms 990 or 990-EZ? f "Yes," omplete Shedule L, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization report any amount on Part, line 5, 6, or 22 for reeivales from or payales to any urrent or former offiers, diretors, trustees, key employees, highest ompensated employees, or disqualified persons? f "Yes," omplete Shedule L, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization provide a grant or other assistane to an offier, diretor, trustee, key employee, sustantial ontriutor or employee thereof, a grant seletion ommittee memer, or to a 5% ontrolled entity or family memer of any of these persons? f "Yes," omplete Shedule L, Part m m m m m m m m m m m m m m m Was the organization a party to a usiness transation with one of the following parties (see Shedule L, Part V instrutions for appliale filing thresholds, onditions, and exeptions): A urrent or former offier, diretor, trustee, or key employee? f "Yes," omplete Shedule L, Part V m m m m m m m A family memer of a urrent or former offier, diretor, trustee, or key employee? f "Yes," omplete Shedule L, Part Vm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m An entity of whih a urrent or former offier, diretor, trustee, or key employee (or a family memer thereof) was an offier, diretor, trustee, or diret or indiret owner? f "Yes," omplete Shedule L, Part V m m m m m Did the organization reeive more than $25,000 in non-ash ontriutions? f "Yes," omplete Shedule M m m m m Did the organization reeive ontriutions of art, historial treasures, or other similar assets, or qualified onservation ontriutions? f "Yes," omplete Shedule M m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization liquidate, terminate, or dissolve and ease operations? f "Yes," omplete Shedule N, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization sell, exhange, dispose of, or transfer more than 25% of its net assets? f "Yes," omplete Shedule N, Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization own 100% of an entity disregarded as separate from the organization under Regulations setions and ? f "Yes," omplete Shedule R, Part m m m m m m m m m m m m m m m m m m m m Was the organization related to any tax-exempt or taxale entity? f "Yes," omplete Shedule R, Part,, or V, and Part V, line 1m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization have a ontrolled entity within the meaning of setion 512()(1)? m m m m m m m m m m m m m m f "Yes" to line 5a, did the organization reeive any payment from or engage in any transation with a ontrolled entity within the meaning of setion 512()(1)? f "Yes," omplete Shedule R, Part V, line 2 m m m m m Setion 501()() organizations. Did the organization make any transfers to an exempt non-haritale related organization? f "Yes," omplete Shedule R, Part V, line 2 m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization ondut more than 5% of its ativities through an entity that is not a related organization and that is treated as a partnership for federal inome tax purposes? f "Yes," omplete Shedule R, Part V m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Did the organization omplete Shedule O and provide explanations in Shedule O for Part V, lines 11 and 19? Note. All Form 990 filers are required to omplete Shedule O. 20a a d 25a a a Yes No Form 990 (2016) 1185MN 702V 4/0/ :06:5 PM V PAGE 5

5 Form 990 (2016) Page 5 Part V 4a Statements Regarding Other RS Filings and Tax Compliane Chek if Shedule O ontains a response or note to any line in this Part V m m m m m m m m m m m m m m m m m m m m m Yes 5a Did any taxale party notify the organization that it was or is a party to a prohiited tax shelter transation? f "Yes" to line 5a or 5, did the organization file Form 8886-T?m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 6a Does the organization have annual gross reeipts that are normally greater than $100,000, and did the 7 a 8 12 a d e f g h a Gross reeipts, inluded on Form 990, Part V, line 12, for puli use of lu failities 11 Setion 501()(12) organizations. Enter: a Gross inome from memers or shareholders m m m m m m m m m m m m m m m m m m m m m m m m m m m Gross inome from other soures (Do not net amounts due or paid to other soures a Enter the numer reported in Box of Form Enter -0- if not appliale m Enter the numer of Forms W-2G inluded in line 1a. Enter -0- if not appliale m m m m m m m m m Note. f the sum of lines 1a and 2a is greater than 250, you may e required to e-file (see instrutions) Did the organization have unrelated usiness gross inome of $1,000 or more during the year? m m f "Yes," has it filed a Form 990-T for this year? f "No" to line, provide an explanation in Shedule O m m m m m m m m At any time during the alendar year, did the organization have an interest in, or a signature or other authority over, a finanial aount in a foreign ountry (suh as a ank aount, seurities aount, or other finanial aount)? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m f Yes, enter the name of the foreign ountry: See instrutions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Finanial Aounts (FBAR). Was the organization a party to a prohiited tax shelter transation at any time during the tax year? m m m m m m m m m organization soliit any ontriutions that were not tax dedutile as haritale ontriutions? m m m m m m m m m m m f "Yes," did the organization inlude with every soliitation an express statement that suh ontriutions or gifts were not tax dedutile?m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Organizations that may reeive dedutile ontriutions under setion 170(). Did the organization reeive a payment in exess of $75 made partly as a ontriution and partly for goods and servies provided to the payor? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m f "Yes," did the organization notify the donor of the value of the goods or servies provided? m m m m m m m m m m m m Did the organization sell, exhange, or otherwise dispose of tangile personal property for whih it was required to file Form 8282? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m f "Yes," indiate the numer of Forms 8282 filed during the year m m m m m m m m m m m m m m m m 7d Did the organization reeive any funds, diretly or indiretly, to pay premiums on a personal enefit ontrat? Did the organization, during the year, pay premiums, diretly or indiretly, on a personal enefit ontrat? m m m m m f the organization reeived a ontriution of qualified intelletual property, did the organization file Form 8899 as required? f the organization reeived a ontriution of ars, oats, airplanes, or other vehiles, did the organization file a Form 1098-C? Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained y the sponsoring organization have exess usiness holdings at any time during the year? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 10a m m m m m 10 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxale distriutions under setion 4966? Did the sponsoring organization make a distriution to a donor, donor advisor, or related person? 10 Setion 501()(7) organizations. Enter: nitiation fees and apital ontriutions inluded on Part V, line 12 against amounts due or reeived from them.) m m m m m m m m m m m m m m m m m m m m m m m m m m m 11 Setion 4947(a)(1) non-exempt haritale trusts. s the organization filing Form 990 in lieu of Form 1041? f "Yes," enter the amount of tax-exempt interest reeived or arued during the yearm m m m m m 12 Setion 501()(29) qualified nonprofit health insurane issuers. s the organization liensed to issue qualified health plans in more than one state? m m m m m m m m m m m m m m m m m m 1 a Note. See the instrutions for additional information the organization must report on Shedule O. Enter the amount of reserves the organization is required to maintain y the states in whih the organization is liensed to issue qualified health plans 1 Enter the amount of reserves on hand m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 1 14 a Did the organization reeive any payments for indoor tanning servies during the tax year? m m m m m m m f "Yes," has it filed a Form 720 to report these payments? f "No," provide an explanation in Shedule O m m m m m m 6E THE QUEENS BOROUGH PUBLC LBRARY a 1a Did the organization omply with akup withholding rules for reportale payments to vendors and reportale gaming (gamling) winnings to prize winners? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 2a Enter the numer of employees reported on Form W-, Transmittal of Wage and Tax Statements, filed for the alendar year ending with or within the year overed y this return m m 2a 2,085 f at least one is reported on line 2a, did the organization file all required federal employment tax returns? 11a 1 2 a 4a 5a 5 5 6a 6 7a 7 7 7e 7f 7g 7h 8 9a 9 12a 1a 14a 14 No Form 990 (2016) 1185MN 702V 4/0/ :06:5 PM V PAGE 6

6 Form 990 (2016) Page 6 Part V Governane, Management, and Dislosure For eah "Yes" response to lines 2 through 7 elow, and for a "No" response to line 8a, 8, or 10 elow, desrie the irumstanes, proesses, or hanges in Shedule O. See instrutions. Chek if Shedule O ontains a response or note to any line in this Part V Setion A. Governing Body and Management 1a a Enter the numer of voting memers of the governing ody at the end of the tax year f there are material differenes in voting rights among memers of the governing ody, or if the governing m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m any other offier, diretor, trustee, or key employee?m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m supervision of offiers, diretors, or trustees, or key employees to a management ompany or other person? Did the organization make any signifiant hanges to its governing douments sine the prior Form 990 was filed? m m Did the organization eome aware during the year of a signifiant diversion of the organization's assets? Did the organization have memers or stokholders? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m one or more memers of the governing ody? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m stokholders, or persons other than the governing ody? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m ody delegated road authority to an exeutive ommittee or similar ommittee, explain in Shedule O. Enter the numer of voting memers inluded in line 1a, aove, who are independent 1 Did any offier, diretor, trustee, or key employee have a family relationship or a usiness relationship with Did the organization delegate ontrol over management duties ustomarily performed y or under the diret Did the organization have memers, stokholders, or other persons who had the power to elet or appoint Are any governane deisions of the organization reserved to (or sujet to approval y) memers, 8 Did the organization ontemporaneously doument the meetings held or written ations undertaken during the year y the following: a The governing ody? m m m m m m m m m m m m m m m m m m m m m m m m m m m m Eah ommittee with authority to at on ehalf of the governing ody? m m m m m m m m m m m m m m m m m m m m m m 9 s there any offier, diretor, trustee, or key employee listed in Part V, Setion A, who annot e reahed at the organization's mailing address? f "Yes," provide the names and addresses in Shedule O m m m m m m m m m m m 9 Setion B. Poliies (This Setion B requests information aout poliies not required y the nternal Revenue Code.) Yes 10a 11a 12a a 16a Did the organization have loal hapters, ranhes, or affiliates? m m m m m m m m m m m m m m m m m m m m m m m m m m f "Yes," did the organization have written poliies and proedures governing the ativities of suh hapters, affiliates, and ranhes to ensure their operations are onsistent with the organization's exempt purposes? m m m Has the organization provided a omplete opy of this Form 990 to all memers of its governing ody efore filing the form? m Desrie in Shedule O the proess, if any, used y the organization to review this Form 99 Did the organization have a written onflit of interest poliy? f "No," go to line 1 m m m m m m m m m m m m m m m m rise to onflits? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m desrie in Shedule O how this was done m m m m m m m m Did the organization have a written whistlelower poliy? m m m m m m m m m m m m Did the organization have a written doument retention and destrution poliy? m m m m m m m m m m m m m m m m m m Were offiers, diretors, or trustees, and key employees required to dislose annually interests that ould give Did the organization regularly and onsistently monitor and enfore ompliane with the poliy? f "Yes," Did the proess for determining ompensation of the following persons inlude a review and approval y independent persons, omparaility data, and ontemporaneous sustantiation of the delieration and deision? The organization's CEO, Exeutive Diretor, or top management offiial m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Other offiers or key employees of the organization f "Yes" to line 15a or 15, desrie the proess in Shedule O (see instrutions). Did the organization invest in, ontriute assets to, or partiipate in a joint venture or similar arrangement with a taxale entity during the year? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m f "Yes," did the organization follow a written poliy or proedure requiring the organization to evaluate its partiipation in joint venture arrangements under appliale federal tax law, and take steps to safeguard the organization's exempt status with respet to suh arrangements? m m m m m m m m m m m m m m m m m m m m m m m m m Setion C. Dislosure List the states with whih a opy of this Form 990 is required to e filed THE QUEENS BOROUGH PUBLC LBRARY Setion 6104 requires an organization to make its Forms 102 (or 1024 if appliale), 990, and 990-T (Setion 501()()s only) availale for puli inspetion. ndiate how you made these availale. Chek all that apply. Own wesite Another's wesite Upon request Other (explain in Shedule O) Desrie in Shedule O whether (and if so, how) the organization made its governing douments, onflit of interest poliy, and finanial statements availale to the puli during the tax year. State the name, address, and telephone numer of the person who possesses the organization's ooks and reords: MCHAEL TRAGALE MERRCK BLVD, JAMACA, NY Form 990 (2016) 6E MN 702V 4/0/ :06:5 PM V PAGE 7 1a a 7 8a 8 10a 10 11a 12a a 15 16a 16 Yes No No

7 THE QUEENS BOROUGH PUBLC LBRARY Compensation of Offiers, Diretors, Trustees, Key Employees, Highest Compensated Employees, and ndependent Contrators Form 990 (2016) Page 7 Part V Setion A. Chek if Shedule O ontains a response or note to any line in this Part V m m m m m m m m m m m m m m m m m m m m m m Offiers, Diretors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this tale for all persons required to e listed. Report ompensation for the alendar year ending with or within the organization's % tax year. List all of the organization's urrent offiers, diretors, trustees (whether individuals or organizations), regardless of amount of ompensation. Enter -0- in olumns (D), (E), and (F) if no ompensation was paid. % List all of the organization's urrent key employees, if any. See instrutions for definition of "key employee." List the organization's five urrent highest ompensated employees (other than an offier, diretor, trustee, or key employee) who reeived reportale ompensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MSC) of more than $100,000 from the organization and any related organizations. % List all of the organization's former offiers, key employees, and highest ompensated employees who reeived more than $100,000 of reportale ompensation from the organization and any related organizations. % List all of the organization's former diretors or trustees that reeived, in the apaity as a former diretor or trustee of the organization, more than $10,000 of reportale ompensation from the organization and any related organizations. List persons in the following order: individual trustees or diretors; institutional trustees; offiers; key employees; highest ompensated employees; and former suh persons. Chek this ox if neither the organization nor any related organization ompensated any urrent offier, diretor, or trustee. (C) (A) (B) Position (D) (E) (F) Name and Title Average hours per week (list any hours for related organizations elow dotted line) (do not hek more than one ox, unless person is oth an offier and a diretor/trustee) Reportale ompensation from the organization (W-2/1099-MSC) Reportale ompensation from related organizations (W-2/1099-MSC) ndividual trustee or diretor nstitutional trustee Offier Key employee Highest ompensated employee Former Estimated amount of other ompensation from the organization and related organizations (1) JUDY BERGTRAUM, ESQ. BOARD CHAR (2) MCHAEL RODRGUEZ, ESQ. VCE CHAR () EL SHAPRO, ED. D LCSW. SECRETARY 5.00 (4) ROBERT SANTOS, ESQ. TREASURER 5.00 (5) LYDON SLEEPER-O'CONNELL ASSTANT TREASURER 5.00 (6) HON. AUGUSTUS C. AGATE TRUSTEE 5.00 (7) MARTHA BAKER TRUSTEE 5.00 (8) MARA CONCOLNO TRUSTEE 5.00 (9) LENORE R. GALL, ED.D. TRUSTEE (THRU 12/16) 5.00 (10) MATTHEW M. GORTON TRUSTEE (11) JULSSA GUTERREZ TRUSTEE 5.00 (12) JAMES HADDAD, ESQ. TRUSTEE (1) JUKAY HSU TRUSTEE 5.00 (14) ANDREW JACKSON (AS OF 1/17) 5.00 TRUSTEE 6E Form 990 (2016) 1185MN 702V 4/0/ :06:5 PM V PAGE 8

8 THE QUEENS BOROUGH PUBLC LBRARY Form 990 (2016) Page 8 Part V Setion A. Offiers, Diretors, Trustees, Key Employees, and Highest Compensated Employees (ontinued) (A) (B) (C) (D) (E) (F) Name and title Average hours per week (list any hours for related organizations elow dotted line) Position (do not hek more than one ox, unless person is oth an offier and a diretor/trustee) ndividual trustee or diretor nstitutional trustee Offier Key employee Highest ompensated employee 1 Su-total m m m m m m m m m m m m m m m m m m m m m m m m m Total from ontinuation sheets to Part V, Setion A m m m m m m m m m m m m m m m m m m m m m m m m m m m m d Total (add lines 1 and 1) Former Reportale ompensation from the organization (W-2/1099-MSC) Reportale ompensation from related organizations (W-2/1099-MSC) 2 Total numer of individuals (inluding ut not limited to those listed aove) who reeived more than $100,000 of reportale ompensation from the organization 44 Did the organization list any former offier, diretor, or trustee, key employee, or highest ompensated employee on line 1a? f "Yes," omplete Shedule J for suh individual m m m m m m m m m m m m m m m m m m m m m m m m m m 4 For any individual listed on line 1a, is the sum of reportale ompensation and other ompensation from the organization and related organizations greater than $150,000? f Yes, omplete Shedule J for suh individual m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 4 5 Did any person listed on line 1a reeive or arue ompensation from any unrelated organization or individual for servies rendered to the organization? f Yes, omplete Shedule J for suh person m m m m m m m m m m m m m m m m 5 Setion B. ndependent Contrators 1 Complete this tale for your five highest ompensated independent ontrators that reeived more than $100,000 of ompensation from the organization. Report ompensation for the alendar year ending with or within the organization's tax year. Estimated amount of other ompensation from the organization and related organizations ( 15) CARL S. KOERNER, ESQ TRUSTEE 2.00 ( 16) HAEDA MHALTSES 5.00 TRUSTEE ( 17) JOHN OTTULCH 5.00 TRUSTEE ( 18) EDWARD SADOWSKY 5.00 TRUSTEE 2.00 ( 19) EARL G. SMMONS, ED.D TRUSTEE ( 20) DENNS WALCOTT 6.00 PRESDENT & CEO ,5 22,928. 6,914. ( 21) TRACY YOGMAN (THRU 9/16) 9.20 CFO & SVP ,065., ,714. ( 22) JOHANNA RCHMAN (AS OF 10/16) 9.20 CFO & SVP.80 5, ,7. ( 2) GTTE PENG 4.00 COS & SVP , , ,84. ( 24) KELVN WATSON (THRU 2/17) 400 COO & SVP 209,27 51,20 ( 25) LEWS FNKELMAN, ESQ. 400 COO & SVP (AS OF 2/17) 21,10 6,72. 2,510,77. 55, ,844. 2,510,77. 55, ,844. Yes No ATTACHMENT 2 (A) Name and usiness address (B) Desription of servies (C) Compensation 2 Total numer of independent ontrators (inluding ut not limited to those listed aove) who reeived more than $100,000 in ompensation from the organization 6 6E Form 990 (2016) 1185MN 702V 4/0/ :06:5 PM V PAGE 9

9 THE QUEENS BOROUGH PUBLC LBRARY Form 990 (2016) Page 8 Part V Setion A. Offiers, Diretors, Trustees, Key Employees, and Highest Compensated Employees (ontinued) (A) (B) (C) (D) (E) (F) Name and title Average hours per week (list any hours for related organizations elow dotted line) Position (do not hek more than one ox, unless person is oth an offier and a diretor/trustee) ndividual trustee or diretor nstitutional trustee Offier Key employee Highest ompensated employee Former Reportale ompensation from the organization (W-2/1099-MSC) Reportale ompensation from related organizations (W-2/1099-MSC) Estimated amount of other ompensation from the organization and related organizations ( 26) NCK BURON 400 CHEF LBRARAN & SVP 171, ,5. ( 27) MARY BLEBERG (THRU 1/17) 400 SVP OF ADD 188, ,929. ( 28) DENNS VERRELLO (THRU 4/17) 400 VP, CAP PROJECTS & FACLTES 18, ,985. ( 29) MCHAEL DALY (THRU 10/16) 400 VP, LSM 155,45. 9,789. ( 0) LAWRENCE VEDLAGO 400 VP, RSK MANAGEMENT 170, ,518. ( 1) JACQUELNE MARTNEZ 400 DRECTOR OF HUMAN RESOURCES 161,028. 5,466. ( 2) HAN KO 400 DRECTOR OF MARKETNG 155,66. 44,72 ( ) THOMAS GALANTE (THRU 12/2014) PRESDENT & CEO 00,00 67, Su-total m m m m m m m m m m m m m m m m m m m m m m m m m Total from ontinuation sheets to Part V, Setion A m m m m m m m m m m m m m m m m m m m m m m m m m m m m d Total (add lines 1 and 1) 2 Total numer of individuals (inluding ut not limited to those listed aove) who reeived more than $100,000 of reportale ompensation from the organization 44 Did the organization list any former offier, diretor, or trustee, key employee, or highest ompensated employee on line 1a? f "Yes," omplete Shedule J for suh individual m m m m m m m m m m m m m m m m m m m m m m m m m m 4 For any individual listed on line 1a, is the sum of reportale ompensation and other ompensation from the organization and related organizations greater than $150,000? f Yes, omplete Shedule J for suh individual m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 4 5 Did any person listed on line 1a reeive or arue ompensation from any unrelated organization or individual for servies rendered to the organization? f Yes, omplete Shedule J for suh person m m m m m m m m m m m m m m m m 5 Setion B. ndependent Contrators 1 Complete this tale for your five highest ompensated independent ontrators that reeived more than $100,000 of ompensation from the organization. Report ompensation for the alendar year ending with or within the organization's tax year. Yes No (A) Name and usiness address (B) Desription of servies (C) Compensation 2 Total numer of independent ontrators (inluding ut not limited to those listed aove) who reeived more than $100,000 in ompensation from the organization 6E Form 990 (2016) 1185MN 702V 4/0/ :06:5 PM V PAGE 10

10 THE QUEENS BOROUGH PUBLC LBRARY Statement of Revenue Form 990 (2016) Page 9 Part V Contriutions, Gifts, Grants and Other Similar Amounts Program Servie Revenue Other Revenue 1a Chek if Shedule O ontains a response or note to any line in this Part V m m m m m m m m m m m m m m m m m m m m m m m m Federated ampaigns Memership dues m m m m m m m m m m Fundraising events d Related organizations e Government grants (ontriutions) m m f All other ontriutions, gifts, grants, and similar amounts not inluded aove m 1f g Nonash ontriutions inluded in lines 1a-1f: $ h Total. Add lines 1a-1f m m m m m m m m m m m m m m m m m m 2a d 6a 1a 1 1 1d 1e Business Code e f All other program servie revenue g Total. Add lines 2a-2f m m m m m m m m m m m m m m m m m m and other similar amounts) m m m m m m m m m m m m m m m nome from investment of tax-exempt ond proeeds Royalties m m m m m m m m m m m m m m m m m m m m m m m m (i) Real (ii) Personal Gross rents m m m m m 45,671. Less: rental expenses m Rental inome or (loss) m 45,671. d Net rental inome or (loss) m m m m m m m m m m m m m m m m nvestment inome (inluding dividends, interest, 4 5 7a Gross amount from sales of assets other than inventory m m m m (i) Seurities (ii) Other Less: ost or other asis and sales expenses,059,241. Gain or (loss) m m 220,092. d Net gain or (loss) m m m m m m m m m m m m m m m m m m m m 8a of ontriutions reported on line 1). See Part V, line 18 m a Less: diret expenses m m m m m m m m m m Net inome or (loss) from fundraising events m m m m m m m Gross inome from gaming ativities. See Part V, line 19 m a Less: diret expenses m m m m m m m m m m Net inome or (loss) from gaming ativities m m m m m m m Gross sales of inventory, less returns and allowanes a Less: ost of goods sold m m m m m m m m m Net inome or (loss) from sales of inventorym m m m m m m m 9a 10a 11a Gross inome from fundraising events (not inluding $ Misellaneous Revenue 122,85, ,105. Business Code m m m m m m m m m m m m m m m m m m m m d All other revenue e Total. Add lines 11a-11d 12 Total revenue. See instrutions. m m m m m m m m m m m m m 6E (A) Total revenue 122,596,667. (B) Related or exempt funtion revenue FNES AND FEES ,446,46 1,446,46,279,. 1,446,46 USED BOOKS/OTHER SALES 80, ,295. NSURANCE 27,27 27,27 (C) Unrelated usiness revenue (D) Revenue exluded from tax under setions ,5. 211,5. 45, , , ,092. OTHER REVENUE 16,04. 15, , ,64,8. 1,569, ,075. Form 990 (2016) 1185MN 702V 4/0/ :06:5 PM V PAGE 11

11 THE QUEENS BOROUGH PUBLC LBRARY Part Statement of Funtional Expenses Setion 501()() and 501()(4) organizations must omplete all olumns. All other organizations must omplete olumn (A). Form 990 (2016) Page 10 Chek if Shedule O ontains a response or note to any line in this Part m m m m m m m m m m m m m m m m m m m m m m m m Do not inlude amounts reported on lines 6, 7, 8, 9, and 10 of Part V. 1 Grants and other assistane to domesti organizations and domesti governments. See Part V, line 21 m m m m 2 Grants and other assistane to domesti individuals. See Part V, line 22 m m m m m m m m m Grants and other assistane to foreign organizations, foreign governments, and foreign individuals. See Part V, lines 15 and 16 m m m m m 4 Benefits paid to or for memers m m m m m m m m m 5 Compensation of urrent offiers, diretors, trustees, and key employees m m m m m m m m m m 6 Compensation not inluded aove, to disqualified persons (as defined under setion 4958(f)(1)) and persons desried in setion 4958()()(B) m m m m m m 7 Other salaries and wages m m m m m m m m m m m m 8 Pension plan aruals and ontriutions (inlude 9 setion 401(k) and 40() employer ontriutions) Other employee enefits Payroll taxes m m m m m m m m m m m m m m m m m m Fees for servies (non-employees): a Management Legal Aounting d Loying e Professional fundraising servies. See Part V, line 17 m f g a d m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m nvestment management fees m m m m m m m m m Other. (f line 11g amount exeeds 10% of line 25, olumn (A) amount, list line 11g expenses on Shedule O.) Advertising and promotion m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Offie expenses nformation tehnology Royalties Oupany Travel Payments of travel or entertainment expenses for any federal, state, or loal puli offiials Conferenes, onventions, and meetings nterest Payments to affiliates Depreiation, depletion, and amortization nsurane m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Other expenses. temize expenses not overed aove (List misellaneous expenses in line 24e. f line 24e amount exeeds 10% of line 25, olumn (A) amount, list line 24e expenses on Shedule O.) e All other expenses 25 Total funtional expenses. Add lines 1 through 24e 26 Joint osts. Complete this line only if the organization reported in olumn (B) joint osts from a omined eduational ampaign and fundraising soliitation. Chek here if following SOP 98-2 (ASC ) m m m m m m m (A) (B) (C) (D) Total expenses Program servie Management and Fundraising expenses general expenses expenses Form 990 (2016) 6E ,606, ,72. 1,156,2. 65,769,18 58,756,704. 7,004,86 7,616. 8,444,849. 7,651, ,91. 18,191, ,17,66. 87, ,206,551. 4,640, , , ,894. 8,00 8,00 108,00 108,00 71, ,967. 2,565,475. 1,784, , ,47. 2, , ,04. 52,05 177,254. 4,97,619. 4,110, ,40,48,075.,211,86 16, , ,15 206, , ,06 52, ,844. 1,81 1,04. 2,128,855. 1,710, , , ,62. BOOKS & LBRARY MATERALS 5,655,186. 5,655,186. LBRARY SUPPLES, EQUP & FU 2,21,12. 1,825, ,2 ASSESSMENT AND FEES 100, ,05. 82,57. OTHER EPENSES 7, ,991. 5,11 122,641, ,429, ,20,079. 9,7 1185MN 702V 4/0/ :06:5 PM V PAGE 12

12 Form 990 (2016) Page 11 Part Assets Liailities Net Assets or Fund Balanes a THE QUEENS BOROUGH PUBLC LBRARY Balane Sheet Chek if Shedule O ontains a response or note to any line in this Part m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Cash - non-interest-earing Savings and temporary ash investments Pledges and grants reeivale, net Aounts reeivale, net m m m m m m m m m m m m m m m m m m m m m m m m m m m m Loans and other reeivales from urrent and former offiers, diretors, trustees, key employees, and highest ompensated employees. Complete Part of Shedule L m m m m m m m m m m m m m m m m m m m m m m m m m Loans and other reeivales from other disqualified persons (as defined under setion 4958(f)(1)), persons desried in setion 4958()()(B), and ontriuting employers and sponsoring organizations of setion 501()(9) voluntary employees' enefiiary organizations (see instrutions). Complete Part of Shedule L Notes and loans reeivale, net nventories for sale or use m m m m m m m m m m m m m m m m m m m m m m m m m m m m Prepaid expenses and deferred harges Land, uildings, and equipment: ost or other asis. Complete Part V of Shedule D 10a Less: aumulated depreiation 10 nvestments - pulily traded seurities nvestments - other seurities. See Part V, line 11 nvestments - program-related. See Part V, line 11 ntangile assets Other assets. See Part V, line 11 Total assets. Add lines 1 through 15 (must equal line 4) Aounts payale and arued expenses Grants payale Deferred revenue Tax-exempt ond liailities m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m Esrow or ustodial aount liaility. Complete Part V of Shedule D m m m m Loans and other payales to urrent and former offiers, diretors, trustees, key employees, highest ompensated employees, and disqualified persons. Complete Part of Shedule L m m m m m m m Seured mortgages and notes payale to unrelated third parties Unseured notes and loans payale to unrelated third parties m m m m m m m m m Other liailities (inluding federal inome tax, payales to related third parties, and other liailities not inluded on lines 17-24). Complete Part of Shedule D m m m m m m m m m m m m m m Total liailities. Add lines 17 through 25 m m m m m m m m m m m m m m m m m m m m Organizations that follow SFAS 117 (ASC 958), hek here and omplete lines 27 through 29, and lines and 4. Unrestrited net assets m m m m m Temporarily restrited net assets Permanently restrited net assets m m m m m m m m m m m m m m m m m m m m m m m m Organizations that do not follow SFAS 117 (ASC 958), hek here and omplete lines 0 through 4. Capital stok or trust prinipal, or urrent funds m m m m m m m m Paid-in or apital surplus, or land, uilding, or equipment fund m m m m Retained earnings, endowment, aumulated inome, or other funds Total net assets or fund alanes m m m m m m Total liailities and net assets/fund alanes m m m m m m m m m m m m m m m m m m (A) Beginning of year (B) End of year 6,215, ,628, , ,899,59.,12,805. 5, ,508, , ,02 62,621, ,48,296. 5,00, ,18,72. 10,79, , ,124,67. 21,91, , ,494,81. 25, ,708, ,426,25. 1,529, ,72, ,72, ,719, ,241,226. 4,15, ,921,029. 5,58, ,227, , , ,970, ,124, ,787,67. 87,708,666. Form 990 (2016) 6E MN 702V 4/0/ :06:5 PM V PAGE 1

13 Form 990 (2016) Page 12 Part Reoniliation of Net Assets Chek if Shedule O ontains a response or note to any line in this Part m m m m m m m m m m m m m m Total revenue (must equal Part V, olumn (A), line 12) 1 Total expenses (must equal Part, olumn (A), line 25) 2 Revenue less expenses. Sutrat line 2 from line 1 m m m m m m m m m m m m m m m m m m m m m Net assets or fund alanes at eginning of year (must equal Part, line, olumn (A)) 4 Net unrealized gains (losses) on investments 5 Donated servies and use of failities 6 nvestment expenses m m 7 Prior period adjustments m m m m m m m m m m m m m m m m m m m m m m m m 8 Other hanges in net assets or fund alanes (explain in Shedule O) m m m m m m m m m m m m m m m m 9, olumn (B)) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 10 Finanial Statements and Reporting Chek if Shedule O ontains a response or note to any line in this Part m m m m m m m m m m m m m m m m m m m 10 Net assets or fund alanes at end of year. Comine lines through 9 (must equal Part, line Part THE QUEENS BOROUGH PUBLC LBRARY Aounting method used to prepare the Form 990: Cash Arual Other f the organization hanged its method of aounting from a prior year or heked "Other," explain in Shedule O. 2a Were the organization's finanial statements ompiled or reviewed y an independent aountant?m m m m m m m f "Yes," hek a ox elow to indiate whether the finanial statements for the year were ompiled or reviewed on a separate asis, onsolidated asis, or oth: Separate asis Consolidated asis Both onsolidated and separate asis Were the organization's finanial statements audited y an independent aountant? m m m m m m m m m m m m m m f "Yes," hek a ox elow to indiate whether the finanial statements for the year were audited on a separate asis, onsolidated asis, or oth: Separate asis Consolidated asis Both onsolidated and separate asis f "Yes" to line 2a or 2, does the organization have a ommittee that assumes responsiility for oversight of the audit, review, or ompilation of its finanial statements and seletion of an independent aountant? f the organization hanged either its oversight proess or seletion proess during the tax year, explain in Shedule O. a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit At and OMB Cirular A-1? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m f "Yes," did the organization undergo the required audit or audits? f the organization did not undergo the required audit or audits, explain why in Shedule O and desrie any steps taken to undergo suh audits. 124,64,8. 122,641,548. 2,002,285. 5,970, , , ,70. 56,787,67. 2a 2 2 a Yes No Form 990 (2016) 6E MN 702V 4/0/ :06:5 PM V PAGE 14