David A Howe Public Library
- Assets
- $5.0m
- Revenue
- $858.7k
- Investments
- $0.0
- Employees
- 26
- Location
- Wellsville, NY
- Founding
- 04/1941
- Data as of
- 12/2023
- EIN
- 16-0743046
Organization Overview
David A Howe Public Library is located in Wellsville, NY. The organization was established in 1941. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2023, David A Howe Public Library employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David A Howe Public 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 12/2023, David A Howe Public Library generated $858.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $747.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES BOOK-LENDING SERVICES AS WELL AS OTHER EDUCATIONAL AND INFORMATIVE SERVICES TO THE LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES BOOK-LENDING SERVICES AS WELL AS OTHER EDUCATIONAL AND INFORMATIVE SERVICES TO THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nic Gunning Executive Director | 35 | $69,389 | |
Madeleine Gasdik Trustee | Trustee | 2 | $0 |
Don Comstock President | OfficerTrustee | 5 | $0 |
Nancy Reuning Treasurer | OfficerTrustee | 2 | $0 |
Nora Burdick Trustee | Trustee | 2 | $0 |
Tom Reuning Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $447,524 |
| All other contributions, gifts, grants, and similar amounts not included above | $322,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $769,865 |
| Total Program Service Revenue | $11,995 |
| Investment income | $76,812 |
| 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 | $858,672 |
| 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. | $69,389 |
| Compensation of current officers, directors, key employees. | $8,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $320,543 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,462 |
| Payroll taxes | $28,974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,392 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,779 |
| Office expenses | $14,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,053 |
| Travel | $3,592 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,986 |
| Payments to affiliates | $21,123 |
| Depreciation, depletion, and amortization | $70,164 |
| Insurance | $14,880 |
| All other expenses | $0 |
| Total functional expenses | $747,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $761,462 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,891,991 |
| Investments—publicly traded securities | $2,342,544 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,995,997 |
| Accounts payable and accrued expenses | $43,581 |
| Grants payable | $0 |
| Deferred revenue | $457,025 |
| 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 | $191,563 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $692,169 |
| Net assets without donor restrictions | $3,004,682 |
| Net assets with donor restrictions | $1,299,146 |
| 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 | $4,995,997 |