Patterson Library
- Assets
- $5.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Westfield, NY
- Founding
- 07/1945
- Data as of
- 12/2023
- EIN
- 16-0743114
Organization Overview
Patterson Library is located in Westfield, NY. The organization was established in 1945. As of 12/2023, Patterson Library employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patterson 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, Patterson Library generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $435.1k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE QUALITY OF LIFE IN THE COMMUNITY OF WESTFIELD BY PROVIDING UNRESTRICTED ACCESS TO INFORMATION AND BY OFFERING MATERIALS GEARED TO USER WANTS AND NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATTERSON LIBRARY PROVIDES FREE AND EQUAL ACCESS TO BOOKS, PERIODICALS, REFERENCE MATERAILS AND OTHER MATERIALS FOR CHECKOUT TO RESIDENTS IN LIBRARY'S SERVICE AREA. IN ADDITION, WE PROVIDE ONLINE ACCESS TO MILLIONS OF VOLUMES OF REFERENCE MATERIALS THROUGH SUBSCRIPTION DATABASES THAT WOULD NOT BE ACCESSIBLE IN THIS AREA. THE LIBRARY OFFERS 15 PUBLIC COMPUTERS WHICH GIVE USERS FREE AND EQUAL ACCESS TO THE INTERN. WIRELESS INTERNET SERVICE IS ALSO AVAILABLE.
PATTERSON LIBRARY PROVIDES FREE PROGRAMS FOR ADULTS TO ENCOURAGE LIFE LONG LEARNING, PROMOTE CULTURAL AND ARTISTIC ENRICHMENT, DEVELOP PRACTICAL SKILLS AND TO HELP INDIVIDUALS REACH THEIR FULL POTENTIAL. WE ALSO CONTINUE TO OFFER COMPUTER CLASSES FOR SENIORS AND ONE-ON-ONE HELP FOR ANY USER WHO NEEDS A LITTLE EXTRA TECHNOLOGY HELP.
THE LIBRARY PROVIDES CRITICAL YOUTH SERVICES TO ENCOURAGE LITERACY, LIFE SKILLS, COMPUTER EXPERIENCE AND THE DEVELOPMENT OF A SELF-MOTIVATED LOVE OF LEARNING IN CHILDREN FROM INFANTS TO TEENAGERS. PATTERSON LIBRARY GIVES SCHOOL-AGED CHILDREN A SAFE, POSITIVE AND EDUCATIONAL ENVIRONMENT DURING THE SUMMER MONTHS AND AFTER SCHOOL HOURS. OUR SUMMER READING PROGRAMS KEEP THE CHILDREN OF WESTFIELD AND SURROUNDING AREAS EXCITED ABOUT READING AND LEARNING THROUGH WEEKLY SPECIAL EVENTS AND ACTIVITY SESSIONS THAT HELP RETURN THEM TO SCHOOL PREPARED FOR THE YEAR AHEAD. AFTER SCHOOL ACTIVITIES PROVIDED AT THE LIBRARY INCLUDE STORY TIMES, STEAM LESSONS, CRAFTS, GAME DAYS AND FAMILY MOVIES. SUMMER PROGRAMS INCLUDE STORY TIMES, BOOK DISCUSSIONS, SPECIAL GUESTS, WRITING WORKSHOPS, AND ART WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Hegna Director | 40 | $50,225 | |
Joan Caruso Vice President | Trustee | 1 | $0 |
Jennifer Johnson President | Trustee | 1 | $0 |
Tim Roets Treasurer | Trustee | 1 | $0 |
Diana Hamann Secretary | Trustee | 1 | $0 |
Susan Scriven Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $889,768 |
| Noncash contributions included in lines 1a–1f | $759,806 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,113,248 |
| Total Program Service Revenue | $3,449 |
| Investment income | $50,737 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $91,585 |
| Net Income from Fundraising Events | $36,306 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,297,712 |
| 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. | $52,925 |
| Compensation of current officers, directors, key employees. | $10,585 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,333 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,487 |
| Payroll taxes | $15,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,799 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $633 |
| Office expenses | $12,732 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,045 |
| 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 | $72,738 |
| Insurance | $11,020 |
| All other expenses | $0 |
| Total functional expenses | $435,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $697 |
| Savings and temporary cash investments | $226,911 |
| 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 | $895,675 |
| Investments—publicly traded securities | $4,493,171 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,900 |
| Total assets | $5,652,354 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $5,534,349 |
| Net assets with donor restrictions | $118,005 |
| 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 | $5,652,354 |