Darien Library Inc
- Assets
- $29.1m
- Revenue
- $5.8m
- Investments
- $9.5m
- Employees
- 93
- Location
- Darien, CT
- Founding
- 03/1952
- Data as of
- 06/2024
- EIN
- 06-0647010
Organization Overview
Darien Library Inc is located in Darien, CT. The organization was established in 1952. As of 06/2024, Darien Library Inc employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Darien Library Inc 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 06/2024, Darien Library Inc generated $5.8m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $6.4m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE LIBRARY'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE A VAST ARRAY OF CONTENT AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COMPREHENSIVE LIBRARY SERVICES TO THE GENERAL PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William H Pegler Jr President | OfficerTrustee | 2 | $0 |
Kim Westcott Vice President | OfficerTrustee | 2 | $0 |
Rob Levinson Treasurer | OfficerTrustee | 2 | $0 |
Angela Riley Secretary | OfficerTrustee | 2 | $0 |
Diana Nehro Trustee | Trustee | 2 | $0 |
Maggie Brown Domont Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,447,344 |
| All other contributions, gifts, grants, and similar amounts not included above | $726,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,174,261 |
| Total Program Service Revenue | $34,652 |
| Investment income | $209,860 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,120 |
| Net Gain/Loss on Asset Sales | $351,808 |
| Net Income from Fundraising Events | $48,402 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,826,077 |
| 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 | $3,038,449 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,062,502 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,648 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $796,083 |
| Insurance | $249,713 |
| All other expenses | $275,727 |
| Total functional expenses | $6,368,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $596,426 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $143,518 |
| Net Land, buildings, and equipment | $18,807,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,484,063 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,852 |
| Total assets | $29,070,404 |
| Accounts payable and accrued expenses | $341,259 |
| 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 | $38,852 |
| Total liabilities | $380,111 |
| Net assets without donor restrictions | $26,164,753 |
| Net assets with donor restrictions | $2,525,540 |
| 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 | $29,070,404 |