Lyme Free Library
- Assets
- $430.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chaumont, NY
- Founding
- 03/1954
- Data as of
- 12/2021
- EIN
- 15-0561710
Organization Overview
Lyme Free Library is located in Chaumont, NY. The organization was established in 1954. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyme Free 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, Lyme Free Library generated $133.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $106.7k during the year ending 12/2021. While expenses have increased by 3.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE LIBRARY SERVES A RURAL COMMUNITY WITH ADULT AND CHILD SERVICES. THESE INCLUDE STORYTIME, SUMMER READING PROGRAM BOOK CLUB AND INTERNET ACCESS. TOTAL BORROWERS 1877
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Peck Trustee | 0 | $0 | |
Mary Hyde Trustee | 0 | $0 | |
Douglas Warneck President | 0.5 | $0 | |
Judi Bates Treasurer | 0.5 | $0 | |
Joy Seymour Secretary | 0.5 | $0 | |
Susan Tontarski Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,618 |
| Total Program Service Revenue | $2,067 |
| Membership dues | $0 |
| Investment income | $79 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,465 |
| Other Revenue | $0 |
| Total Revenue | $133,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,375 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $12,554 |
| Printing, publications, postage, and shipping | $223 |
| Other expenses | $35,299 |
| Total expenses | $106,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,407 |
| Other assets | $0 |
| Total assets | $430,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $430,100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lyme Free Library has recieved totaling $165.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $165 |
Peer Organizations
| 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 |