Audited Financial Statements
IRS Form 990
The Detroit Public Library Friends Foundation has been classified as a Michigan nonprofit corporation and is exempt from federal income taxes and Michigan franchise taxes under section 501(c)(3) of the Internal Revenue Code and corresponding Michigan Revenue and Taxation code sections. This designation allows private support through memberships, corporate sponsorships, gifts, trusts and bequests for the benefit of the Detroit Public Library. It also encourages a broader range of companies and foundation to support the literacy programs and other related initiatives while providing a continuous and dependable source of funding for long- and short-term projects.