Cold Spring Harbor Library is located in Cold Spring Harbor, NY. The organization was established in 1988. As of 06/2022, Cold Spring Harbor Library employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cold Spring Harbor 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, Cold Spring Harbor Library generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 1.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FREE ASSOCIATION LIBRARY REGISTERED WITH THE NY STATE BOARD OF REGENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARY PROGRAMS AND SERVICES FOR THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Podell Director | 40 | $143,499 | |
Edward J Price Jr Secretary | OfficerTrustee | 1 | $0 |
Dana Lynch Treasurer | OfficerTrustee | 1 | $0 |
Vincent Parziale Vice President | OfficerTrustee | 1 | $0 |
Janice Rochstein President | OfficerTrustee | 1 | $0 |
Sandra Capek-O'grady Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,935,578 |
All other contributions, gifts, grants, and similar amounts not included above | $44,667 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,980,245 |
Total Program Service Revenue | $30,405 |
Investment income | $2,199 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,012,849 |
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. | $143,499 |
Compensation of current officers, directors, key employees. | $143,499 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,075,403 |
Pension plan accruals and contributions | $82,471 |
Other employee benefits | $190,350 |
Payroll taxes | $90,789 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,856 |
Fees for services: Accounting | $23,526 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,836 |
Advertising and promotion | $0 |
Office expenses | $8,911 |
Information technology | $6,837 |
Royalties | $0 |
Occupancy | $169,754 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $92,578 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $411,242 |
Insurance | $85,130 |
All other expenses | $10,659 |
Total functional expenses | $2,742,553 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $162,339 |
Savings and temporary cash investments | $1,492,193 |
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 | $5,435 |
Net Land, buildings, and equipment | $8,669,232 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $36,993 |
Other assets | $0 |
Total assets | $10,366,192 |
Accounts payable and accrued expenses | $240,442 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $1,940,000 |
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 | $129,586 |
Total liabilities | $2,310,028 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $6,729,232 |
Retained earnings, endowment, accumulated income, or other funds | $1,326,932 |
Total liabilities and net assets/fund balances | $10,366,192 |
Over the last fiscal year, we have identified 1 grants that Cold Spring Harbor Library has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
Kleinknecht Fam Foundation Huntington, NY PURPOSE: CHARITABLE | $2,500 |
Beg. Balance | $637,513 |
Ending Balance | $637,513 |
Organization Name | Assets | Revenue |
---|---|---|
Hartford Public Library Hartford, CT | $35,044,167 | $19,581,056 |
Great Neck Library Great Neck, NY | $34,961,861 | $11,637,861 |
Westport Library Assoc Westport, CT | $27,522,269 | $7,094,016 |
Oceanside Library Oceanside, NY | $46,476,817 | $6,978,242 |
Darien Library Inc Darien, CT | $29,008,924 | $5,931,772 |
Connetquot Public Library Bohemia, NY | $10,940,573 | $6,656,257 |
Crandall Library Glens Falls, NY | $18,989,283 | $4,650,669 |
Bryant Library Roslyn, NY | $10,311,911 | $5,190,176 |
Port Jefferson Free Library Port Jefferson, NY | $14,577,531 | $4,685,963 |
Riverhead Free Library Riverhead, NY | $9,623,554 | $4,087,006 |
Wilton Library Association Incorporated Wilton, CT | $11,356,788 | $3,701,367 |
Bergen County Cooperative Library System Inc Fair Lawn, NJ | $2,010,518 | $3,727,342 |