Better Business Bureau Report for
Open Books Ltd.

Better Business Bureau Report issued September 2016
Better Business Bureau Report expires September 2018

This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...

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Charity Contact Information

Name: Open Books Ltd.
Address: 651 West Lake Street
  Chicago, IL 60661
Phone: 312-492-4078
Web Address:
Also known as:Open Books
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Better Business Bureau Comments

Year, State Incorporated: 2006, Illinois
Affiliates: None
Stated Purpose: Open Books works to transform lives through reading, writing, and the unlimited power of used books.

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Evaluation Conclusions


Open Books Ltd. meets the 20 Standards for Charity Accountability.
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Open Books is a non-profit social venture that provides literacy experiences to thousands of readers each year through inspiring programs and creative capitalization of books.

For the fiscal year ended June 30, 2015, Open Books Ltd.'s program expenses were:

Book collection, processing and sales 843,764
Book Worm Angels 200,727
Adventures in Creative Writing Field Trips 153,659
ReadThen Write 136,692
StoryPort 105,181
Open Book Buddies 59,683
Publishing Academy 45,343
Total Program Expenses: $1,545,049
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Chief Executive : Tim O'Brien, Executive Director

Chair of the Board: J. Dirk Vos
Chair's Profession / Business Affiliation: Consultant

Board Size: 17

Paid Staff Size: 18

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising


Method(s) Used:

Fund raising costs were 8% of related contributions. (Related contributions, which totaled $1,411,425, are donations received as a result of fund raising activities.)
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Tax Status


This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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The following information is based on Open Books Ltd.'s audited financial statements for the fiscal year ended June 30, 2015.

Source of Funds  
Contributions and Grants 803,567
Contributed Books 588,968
Books and Merchandise Sales 308,235
Program Income 59,977
Rental Income 32,813
Special Events 18,020
Miscellaneous 3,277
Contributed goods-other 870
Total Income $1,815,727


Uses of Funds as a % of Total Expenses

Programs: 87%  Fund Raising: 6%  Administrative: 7% 

Total income $1,815,727
Program expenses $1,545,049
Fund raising expenses 108,928
Administrative expenses 118,138
Total expenses $1,772,115
Income in Excess of Expenses 43,612
Beginning net assets 311,710
Ending net assets 354,934
Total liabilities 183,270
Total assets $538,204

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