New York Library Association
- Assets
- $2.1m
- Revenue
- $660.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Guilderland, NY
- Founding
- 12/1958
- Data as of
- 06/2022
- EIN
- 14-1407060
Organization Overview
New York Library Association is located in Guilderland, NY. The organization was established in 1958. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 06/2022, New York Library Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Library Association 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, New York Library Association generated $660.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $756.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NEW YORK LIBRARY ASSOCIATION (NYLA) IS TO LEAD, EDUCATE, AND ADVOCATE FOR THE ADVANCEMENT OF THE NEW YORK LIBRARY COMMUNITY
Describe the Organization's Program Activity:
THE ANNUAL CONFERENCE AND TRADE SHOW, HELD EACH OCTOBER/NOVEMBER AROUND THE STATE, IS THE LARGEST STATE LIBRARY ASSOCIATION CONFERENCE HELD ON THE EAST COAST OFFERING A WIDE VARIETY OF PROGRAMS, SPECIAL EVENTS, NETWORKING OPPORTUNITIES, AND VENDOR DISPLAYS. THE NYLA ANNUAL CONFERENCE AND TRADE SHOW OFFERS EDUCATIONAL OPPORTUNITIES FOR ALL SEGMENTS OF THE LIBRARY COMMUNITY FROM LIBRARY STAFF TO TRUSTEES
COMMITTEES, SECTIONS & ROUNDTABLES- COMPONENT UNITS OF NYLA WHICH ARE ORGANIZED BY NYLA MEMBERSHIP TO ADDRESS SPECIFIC MEMBER ISSUES WITHIN THE INDUSTRY. CONTINUING EDUCATION, EDUCATIONAL LEADERSHIP, BULLETIN AND DIRECTORY - TO PROVIDE CONTINUING EDUCATION TO MEMBERS AND TO MAINTAIN A HIGH LEVEL OF AWARENESS AMONG MEMBERS OF THE ASSOCIATION AND COMMUNICATE VARIOUS CONTINUING DEVELOPMENTS. SCHOLARSHIPS - PROVIDE FINANCIAL ASSISTANCE TO ENABLE AN INTERESTED AND DESERVING STUDENT TO PURSUE A MASTER'S DEGREE IN LIBRARY SCIENCE AT AN ALA-ACCREDITED LIBRARY SCHOOL IN NEW YORK STATE. ADVOCACY - WORKING TO ENSURE STABLE AND SUSTAINABLE LIBRARY FUNDING.
MEMBERSHIP DUES - ANY PERSON OR ORGANIZATION INTERESTED IN THE MISSION OF THE ASSOCIATION IS CONSIDERED A MEMBER UPON PAYMENT OF THE ANNUAL DUES TO THE ASSOCIATION. MEMBERSHIP DUES SHALL BE RENEWABLE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Merkle President | OfficerTrustee | 1 | $0 |
Arlene Laverde President-Elect | OfficerTrustee | 1 | $0 |
Barbara Stripling Immediate Past President | OfficerTrustee | 1 | $0 |
Kelly Harris Treasurer | OfficerTrustee | 1 | $0 |
Frank Mckenna Treasurer-Elect | OfficerTrustee | 1 | $0 |
Cassie Guthrie Ala Chapter Councilor | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $55,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,525 |
| Total Program Service Revenue | $517,816 |
| Investment income | $76,078 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$517 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $660,902 |
| 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. | $77,287 |
| Compensation of current officers, directors, key employees. | $23,186 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $201,743 |
| Pension plan accruals and contributions | $5,747 |
| Other employee benefits | $28,133 |
| Payroll taxes | $20,746 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,847 |
| Fees for services: Accounting | $65,230 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,877 |
| Fees for services: Other | $6,173 |
| Advertising and promotion | $1,006 |
| Office expenses | $22,019 |
| Information technology | $29,618 |
| Royalties | $0 |
| Occupancy | $87,338 |
| Travel | $43,266 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,190 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,183 |
| Insurance | $13,219 |
| All other expenses | $22,764 |
| Total functional expenses | $756,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49 |
| Savings and temporary cash investments | $277,622 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,741 |
| 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 | $24,036 |
| Net Land, buildings, and equipment | $406,997 |
| Investments—publicly traded securities | $1,341,157 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,111,602 |
| Accounts payable and accrued expenses | $140,869 |
| 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 | $631,964 |
| Total liabilities | $772,833 |
| Net assets without donor restrictions | $1,181,801 |
| Net assets with donor restrictions | $156,968 |
| 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 | $2,111,602 |