Westport Library Assoc

Organization Overview

Westport Library Assoc, operating under the name Westport Library, is located in Westport, CT. The organization was established in 1970. As of 06/2022, Westport Library employed 118 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westport 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 06/2021, Westport Library generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $6.9m during the year ending 06/2021. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE WESTPORT LIBRARY WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING A PUBLIC LIBRARY IN THE TOWN OF WESTPORT, CONNECTICUT. THE LIBRARY IS COMMITTED TO EMPOWERING THE INDIVIDUAL AND STRENGTHENING THE COMMUNITY THROUGH DYNAMIC INTERACTION AND THE LIVELY EXCHANGE OF IDEAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WESTPORT LIBRARY WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING A PUBLIC LIBRARY IN THE TOWN OF WESTPORT, CONNECTICUT. THE LIBRARY IS COMMITTED TO EMPOWERING THE INDIVIDUAL AND STRENGTHENING THE COMMUNITY THROUGH DYNAMIC INTERACTION AND LIVELY EXCHANGE OF IDEAS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Red Thread
Furniture And Equipment
$100,920
Ap Construction
Construction Costs
$473,372
Baker & Taylor
Books
$113,559
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$6,634,459
Investment income $71,871
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $238,626
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,094,016

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Westport Library Assoc has recieved totaling $500.

Awarding OrganizationAmount
Andrew And Barbara Bangser Charitable Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,043,624
Earnings-$742,486
Net Contributions$2,000,311
Other Expense$899,764
Ending Balance$5,401,685

Peer Organizations

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