Julia L Butterfield Memorial Library is located in Cold Spring, NY. The organization was established in 1964. As of 12/2021, Julia L Butterfield Memorial Library employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Julia L Butterfield Memorial 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 12/2021, Julia L Butterfield Memorial Library generated $454.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $409.7k during the year ending 12/2021. While expenses have increased by 1.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
WAGES PAID, AND RELATED PAYROLL TAXES, TO LIBRARY EMPLOYEES TO FULFILL EXEMPT PURPOSE OF THE ORGANIZATION: PAYROLL 216,457 PAYROLL TAXES 17,666 --------- 234,123
OCCUPANCY COSTS INCURRED TO MAINTAIN LIBRARY FACILITY NECESSARY TO FULFILL ORGANIZATIONS EXEMPT PURPOSE
LIBRARY SERVICE EXPENDITURES NECESSARY TO FULFILL EXEMPT PURPOSE AS FOLLOWS: LIBRARY SERVICES ADVERTISING & PROMOTION 3,280 BOOKS, TAPES, ETC 36,996 INSURANCE 12,062 INFORMATION TECHNOLOGY 15,000 EQUIPMENT 5,060 OTHER 4,971 CONTINUING EDUCATION 1,573 --------- TOTAL 78,942
DEPRECIATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Catherine Platt Treasurer | Officer | $0 | |
Marjorie Gage Secretary | Officer | $0 | |
Dennis Gagnon Board Vice-P | Officer | $0 | |
Judy Meyer Board Presid | Officer | $0 | |
Jillian Murphy Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $408,372 |
All other contributions, gifts, grants, and similar amounts not included above | $46,438 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $454,810 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $454,810 |
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 | $262,054 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $21,387 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,833 |
Fees for services: Accounting | $2,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,391 |
Advertising and promotion | $3,280 |
Office expenses | $6,176 |
Information technology | $15,000 |
Royalties | $0 |
Occupancy | $28,307 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,573 |
Interest | $128 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,062 |
All other expenses | $7,899 |
Total functional expenses | $409,732 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $28,640 |
Savings and temporary cash investments | $15,035 |
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 | $6,831 |
Net Land, buildings, and equipment | $1,034,110 |
Investments—publicly traded securities | $386,864 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $16,373 |
Total assets | $1,487,853 |
Accounts payable and accrued expenses | $5,601 |
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 | $5,327 |
Total liabilities | $10,928 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $31,401 |
Paid-in or capital surplus, or land, building, or equipment fund | $1,483,300 |
Retained earnings, endowment, accumulated income, or other funds | -$37,776 |
Total liabilities and net assets/fund balances | $1,487,853 |
Over the last fiscal year, we have identified 2 grants that Julia L Butterfield Memorial Library has recieved totaling $839.
Awarding Organization | Amount |
---|---|
Putnam Arts Council Mahopac, NY PURPOSE: Literature | $800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
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 |