Greenwich Library

Organization Overview

Greenwich Library is located in Greenwich, CT. The organization was established in 1943. 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, Greenwich Library employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwich 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, Greenwich Library generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $4.6m during the year ending 06/2022. While expenses have increased by 3.7% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE GREENWICH LIBRARY PROVIDES BOOKS AND OTHER MEDIA FOR THE ENTERTAINMENT, EDUCATION, AND RESEARCH OF THE CITIZENS OF THE TOWN AND SURROUNDING AREAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PETERSON FUNDED OPERATIONS:THE CLEMENTINE LOCKWOOD PETERSON FOUNDATION (THE "FOUNDATION"), A SEPARATE ENTITY OPERATED BY INDEPENDENT TRUSTEES, FUNDS THE MAINTENANCE AND OPERATIONS OF THE PETERSON WING OF THE MAIN LIBRARY THROUGH AN AGREEMENT BETWEEN THE LIBRARY AND THE TOWN OF GREENWICH. THIS WING OF THE MAIN BRANCH OFFERS PATRONS A LARGE, DIVERSE SELECTION OF LIBRARY MATERIALS RELATED TO BUSINESS, MUSIC AND THE ARTS. THROUGH THIS FUNDING, THE LIBRARY ALSO OFFERS MANY MUSICAL PROGRAMS DURING THE YEAR OFTEN FEATURING WORLD-RENOWNED ARTISTS, FREE AND OPEN TO THE PUBLIC.


PRIVATE FUNDING:EXPENDITURES FOR STAFF TRAINING AND DEVELOPMENT, CIRCULATING MATERIALS AND LIBRARY SUPPLIES, PROFESSIONAL CONSULTING ON BEST PRACTICES FOR THE LIBRARY, COMMUNITY BOOK PROGRAMS, LECTURES, CONCERTS AND ADULT AND CHILD ACTIVITIES AND PROGRAMS IN ADDITION TO THOSE SUPPORTED BY FRIENDS ORGANIZATIONS, CAPITAL ACQUISITIONS, IMPROVEMENTS AND RELATED DEPRECIATION, AND OTHER SPECIFIED PROJECTS.


FRIENDS ORGANIZATIONS: REFERS TO THE ORGANIZATIONS "FRIENDS OF GREENWICH LIBRARY," "FRIENDS OF COS COB LIBRARY, AND "FRIENDS OF BYRAM SHUBERT LIBRARY." THESE ORGANIZATIONS PROVIDE FUNDING AND ACTIVITIES FOR THE RESPECTIVE BRANCHES OF THE LIBRARY. PROGRAMS SUCH AS BOOK CLUBS, MAGIC SHOWS, STORY TIME FOR CHILDREN, ORAL HISTORY PROJECTS, ART EXHIBITS, CONCERTS, LECTURES, ARTS AND CRAFTS, COMMUNITY HOLIDAY CELEBRATIONS, AND MUCH MORE, ARE PROVIDED FOR PATRONS AT EACH BRANCH LOCATION OF THE LIBRARY.


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Board, Officers & Key Employees

Name (title)Compensation
Alexandra Codraro
Trustee
$0
Andrew Herr
Trustee (outgoing)
$0
Caroline Hirshfeld
Trustee
$0
David Mullen
Trustee
$0
Diana Seaton
Second Vice President
$0
Hank Ashforth
First Vice President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Peter Gisolfi Associates
Architecture And Engineering
$491,727
Stone Harbor Project Advisors
Project Advisors
$102,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$616,248
Related organizations$0
Government grants $2,374,121
All other contributions, gifts, grants, and similar amounts not included above$2,391,099
Noncash contributions included in lines 1a–1f $2,352,982
Total Revenue from Contributions, Gifts, Grants & Similar$5,381,468
Total Program Service Revenue$26,944
Investment income $23,980
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$216,931
Net Income from Fundraising Events -$34,825
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,180,636

Peer Organizations

Organization NameAssets
Rochester Public Library
Rochester, NY
$20,237,507
Smithtown Library
Nesconset, NY
$16,825,154
Suffolk Cooperative Library System
Bellport, NY
$17,278,917
Buffalo & Erie County Public Library
Buffalo, NY
$12,447,216
Massachusetts Library System Inc
Marlborough, MA
$12,470,405
Ferguson Library
Stamford, CT
$10,869,354
Nassau Library System
Uniondale, NY
$10,599,230
Proprietors Of The Boston Athenaeum
Boston, MA
$9,102,071
John Fitzgerald Kennedy Library Foundation Incorporated
Boston, MA
$6,797,290
Publishers International Linking Association Inc
Lynnfield, MA
$11,757,089
Providence Public Library
Providence, RI
$8,598,972
Springfield Museums Corporation
Springfield, MA
$9,845,732
Westchester Library System
Elmsford, NY
$7,290,234
American Antiquarian Society
Worcester, MA
$8,610,061
Emma S Clark Memorial Library Association
Setauket, NY
$6,020,162
Proprietors Of The Social Law Library
Boston, MA
$6,749,203
Community Libraries Of Providence
Providence, RI
$5,761,231
Ramapo Catskill Library System
Middletown, NY
$5,057,993
New Canaan Library Inc
New Canaan, CT
$6,531,183
Boston Public Library Fund Inc
Boston, MA
$5,623,283
Rogers Memorial Library Co
Southampton, NY
$5,228,689
New City Library
New City, NY
$6,151,626
Greenwich Library
Greenwich, CT
$5,180,636
Chemung County Library District
Elmira, NY
$4,112,599
East Hampton Library
East Hampton, NY
$3,732,777

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