Finger Lakes Library Systems
- Assets
- $3.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 21
- Location
- Ithaca, NY
- Founding
- 03/1980
- Data as of
- 12/2022
- EIN
- 15-0613223
Organization Overview
Finger Lakes Library Systems is located in Ithaca, NY. The organization was established in 1980. As of 12/2022, Finger Lakes Library Systems employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Finger Lakes Library Systems 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 12/2022, Finger Lakes Library Systems generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Finger Lakes Library Systems has awarded 78 individual grants totaling $1,712,560. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO STIMULATE, COORDINATE AND STRENGTHEN LIBRARY AND INFORMATION SERVICES WITHIN CAYUGA, CORTLAND, SENECA, TIOGA, AND TOMPKINS COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO STIMULATE, COORDINATE AND STRENGTHEN LIBRARY AND INFORMATION SERVICES WITHIN CAYUGA, CORTLAND, SENECA, TIOGA, AND TOMPKINS COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Glogowski Executive Director | 50 | $103,370 | |
Sharon Campanella Treasurer | Officer | 1 | $630 |
Elaine Meyers Trustee | Trustee | 2 | $0 |
Sue Heavenrich Secretary | OfficerTrustee | 2 | $0 |
Micci Bogard Trustee | Trustee | 2 | $0 |
Martin Toombs President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,097,780 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,328,410 |
| Total Program Service Revenue | $362,740 |
| Investment income | $4,827 |
| 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 | $1,768,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79,223 |
| 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. | $103,370 |
| Compensation of current officers, directors, key employees. | $27,910 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $380,644 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $132,402 |
| Payroll taxes | $42,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,135 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $115,476 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,696 |
| Insurance | $10,918 |
| All other expenses | $336 |
| Total functional expenses | $1,489,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,009 |
| Savings and temporary cash investments | $2,205,269 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,711 |
| 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 | $42,386 |
| Net Land, buildings, and equipment | $1,574,414 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,833,789 |
| Accounts payable and accrued expenses | $172,455 |
| 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 | $1 |
| Total liabilities | $172,456 |
| Net assets without donor restrictions | $3,329,749 |
| Net assets with donor restrictions | $331,584 |
| 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 | $3,833,789 |
Grants Awarded
Over the last fiscal year, Finger Lakes Library Systems has awarded $239,428 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
APALACHIN LIBRARY ASSOCIATION PURPOSE: LLSA, SPECIAL PURPOSE, BULLET AID | $6,928 |
BERKSHIRE FREE LIBRARY PURPOSE: LLSA, OUTREACH, SPECIAL PURPOSE, BU | $6,778 |
CADY LIBRARY PURPOSE: LLSA, BULLET AID, SPECIAL PURPOSE | $7,428 |
CANDOR FREE LIBRARY PURPOSE: LLSA, BULLET AID, MINI GRANT, SPECI | $6,468 |
COBURN FREE LIBRARY PURPOSE: LLSA, BULLET AID, MINI GRANT, SPECI | $7,928 |
CORTLAND FREE LIBRARY PURPOSE: LLSA, SPECIAL PURPOSE | $12,066 |