Sturgis Library
- Assets
- $5.1m
- Revenue
- $875.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Barnstable, MA
- Founding
- 03/1928
- Data as of
- 06/2022
- EIN
- 04-2318944
Organization Overview
Sturgis Library is located in Barnstable, MA. The organization was established in 1928. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2022, Sturgis Library employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sturgis Library is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Sturgis Library generated $875.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $595.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A FREE PUBLIC LIBRARY IN THE TOWN OF BARNSTABLE, MA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STURGIS LIBRARY, A HISTORIC PUBLIC LIBRARY IN THE VILLAGE OF BARNSTABLE, IS DEDICATED TO PROVIDING SERVICES AND RESOURCES TO MEET THE NEEDS OF A CONTEMPORARY COMMUNITY WHILE PRESERVING AND PROMOTING CAPE COD HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Littlefield President | OfficerTrustee | 2 | $0 |
Marcy Lay Vice Pres./s | OfficerTrustee | 2 | $0 |
Paula King Treasurer | OfficerTrustee | 2 | $0 |
Susan Guill Trustee | Trustee | 1 | $0 |
Suzanne Kelly Trustee | Trustee | 1 | $0 |
Steve Klug Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $457,979 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,668 |
| Noncash contributions included in lines 1a–1f | $400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $562,647 |
| Total Program Service Revenue | $26,717 |
| Investment income | $63,016 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $198,633 |
| Net Income from Fundraising Events | $24,634 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $875,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $299,616 |
| Pension plan accruals and contributions | $11,395 |
| Other employee benefits | $19,321 |
| Payroll taxes | $21,601 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,534 |
| Advertising and promotion | $0 |
| Office expenses | $12,519 |
| Information technology | $1,593 |
| Royalties | $0 |
| Occupancy | $87,464 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,375 |
| Insurance | $14,736 |
| All other expenses | $2,582 |
| Total functional expenses | $595,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,569 |
| Savings and temporary cash investments | $148,020 |
| Pledges and grants receivable | $500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,059 |
| Prepaid expenses and deferred charges | $20,312 |
| Net Land, buildings, and equipment | $1,727,314 |
| Investments—publicly traded securities | $3,196,711 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,138,485 |
| Accounts payable and accrued expenses | $16,306 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,370 |
| Total liabilities | $18,676 |
| Net assets without donor restrictions | $4,286,158 |
| Net assets with donor restrictions | $833,651 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,138,485 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sturgis Library has recieved totaling $2,599.
| Awarding Organization | Amount |
|---|---|
Enable Hope Foundation Dartmouth, MA PURPOSE: GENERAL | $1,000 |
Lothropp Family Foundation Inc Barnstable, MA PURPOSE: HISTORICAL RESEARCH | $1,000 |
Ives Family Charitable Trust Boston, MA PURPOSE: GENERAL PURPOSES | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $99 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pierpont Morgan Library New York, NY | $416,332,166 | $59,153,120 |
Rochester Public Library Rochester, NY | $13,709,813 | $21,920,405 |
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Buffalo & Erie County Public Library Buffalo, NY | $4,920,940 | $11,835,935 |
Massachusetts Library System Inc Marlborough, MA | $7,404,141 | $11,793,761 |
Ferguson Library Stamford, CT | $21,910,876 | $11,228,846 |
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Publishers International Linking Association Inc Lynnfield, MA | $16,437,833 | $11,352,834 |
Springfield Museums Corporation Springfield, MA | $83,263,430 | $9,886,411 |
Providence Public Library Providence, RI | $36,987,936 | $6,478,555 |