James Prendergast Library Association
- Assets
- $10.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Jamestown, NY
- Founding
- 04/1941
- Data as of
- 12/2021
- EIN
- 16-0840340
Organization Overview
James Prendergast Library Association is located in Jamestown, NY. The organization was established in 1941. As of 12/2021, James Prendergast Library Association employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Prendergast Library Association 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, James Prendergast Library Association generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LIBRARY SERVICES TO THE RESIDENTS OF THE CITY OF JAMESTOWN, NEW YORK
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LIBRARY SERVICES TO THE COMMUNITY. IN 2021 THEY HAD OVER 72,343 LIBRARY VISITS AND 27,146 CARD HOLDERS. THE LIBRARY PROVIDES FOCUSED PROGRAMS AND HOSTS EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Greene Executive Director | Officer | 40 | $74,956 |
Lynn Warner Vice President | OfficerTrustee | 5 | $0 |
Joni Blackman President | OfficerTrustee | 5 | $0 |
Michael Corey Treasurer | OfficerTrustee | 5 | $0 |
Michelle Mccray Secretary | OfficerTrustee | 5 | $0 |
Danny Hickman Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $80,873 |
| Related organizations | $163,516 |
| Government grants | $368,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,393 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $716,441 |
| Total Program Service Revenue | $18,667 |
| Investment income | $326,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $143,504 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,401,851 |
| 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. | $67,755 |
| Compensation of current officers, directors, key employees. | $10,163 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $457,597 |
| Pension plan accruals and contributions | $52,851 |
| Other employee benefits | $44,695 |
| Payroll taxes | $38,582 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,408 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,422 |
| Information technology | $11,384 |
| Royalties | $0 |
| Occupancy | $72,300 |
| 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 | $75,942 |
| Insurance | $19,349 |
| All other expenses | $7,743 |
| Total functional expenses | $1,023,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,687 |
| Savings and temporary cash investments | $203,906 |
| 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 | $56,194 |
| Net Land, buildings, and equipment | $1,970,032 |
| Investments—publicly traded securities | $8,501,204 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,300 |
| Total assets | $10,945,323 |
| Accounts payable and accrued expenses | $40,094 |
| 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 | $40,094 |
| Net assets without donor restrictions | $10,618,128 |
| Net assets with donor restrictions | $287,101 |
| 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 | $10,945,323 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that James Prendergast Library Association has recieved totaling $237,655.
| Awarding Organization | Amount |
|---|---|
Chautauqua-Cattaraugus Library System Jamestown, NY PURPOSE: MEMBER LIBRARY | $126,778 |
Chautauqua Region Community Foundation Inc Jamestown, NY PURPOSE: OPERATING SUPPORT | $28,967 |
Hultquist Foundation Inc Jamestown, NY PURPOSE: OPERATIONAL SUPPORT AND RENOVATIONS TO COLLECTIONS | $20,854 |
Holmberg Foundation Inc Jamestown, NY PURPOSE: CHARITABLE | $18,000 |
Ralph C Sheldon Foundation Inc Jamestown, NY PURPOSE: UPGRADE SURVEILLANCE CAMERASDIRECTOR/STAFF UNRESTRICTED GRANTS | $17,000 |
Carnahan-Jackson Foundation Erie, PA PURPOSE: UNRESTRICTED- GENERAL | $10,800 |
Endowment Analysis
| Beg. Balance | $7,463,656 |
| Earnings | $1,085,170 |
| Admin Expense | $48,714 |
| Net Contributions | $95,138 |
| Other Expense | $94,046 |
| Ending Balance | $8,501,204 |
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 |