Margaret Reaney Memorial Library
- Assets
- $355.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Saint Johnsville, NY
- Founding
- 06/1997
- Data as of
- 05/2022
- EIN
- 16-1522597
Organization Overview
Margaret Reaney Memorial Library is located in Saint Johnsville, NY. The organization was established in 1997. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 05/2022, Margaret Reaney Memorial Library employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margaret Reaney Memorial 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 05/2022, Margaret Reaney Memorial Library generated $130.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $105.0k during the year ending 05/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEW AIR CONDITIONING UNITS WERE INSTALLED IN THE MAIN READING ROOMS AND TO PROVIDE AND DEVELOP PROGRAMS THAT EMPHASIZE LITERATURE, MUSIC, HISTORY AND ARTS
Describe the Organization's Program Activity:
Part 3
NEW AIR CONDITIONTING UNITS INSTALLED IN MAIN READING ROOM AND THE
NEW MATERIALS WERE PURCHASED IN A VARIETY OF FORMATS INCLUDING
A REGULAR SCHEDULE OF ADULT BOOK DISCSSIONS, ARTS PROGRAMS,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Rapacz Secretary | 4 | $0 | |
David Salvagni President | 4 | $0 | |
Dawn Lamphere Director | 40 | $0 | |
Nancy Stowell Vice President | 4 | $0 | |
Cindy Stagliano Trustee | 2 | $0 | |
Rebecca Sokol Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,955 |
| Total Program Service Revenue | $13,812 |
| Membership dues | $0 |
| Investment income | $125 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $798 |
| Other Revenue | $27,016 |
| Total Revenue | $130,706 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,716 |
| Professional fees and other payments to independent contractors | $865 |
| Occupancy, rent, utilities, and maintenance | $33,860 |
| Printing, publications, postage, and shipping | $13,045 |
| Other expenses | $465 |
| Total expenses | $104,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $354,987 |
| Other assets | $0 |
| Total assets | $354,987 |
| Total liabilities | $185 |
| Net assets or fund balances | $354,802 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Margaret Reaney Memorial Library has recieved totaling $6,918.
| Awarding Organization | Amount |
|---|---|
Mohawk Valley Library System Schenectady, NY PURPOSE: LIBRARY FUNDING | $6,918 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Pierpont Morgan Library New York, NY | $416,332,166 | $59,153,120 |
Rochester Public Library Rochester, NY | $13,709,813 | $21,920,405 |
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Buffalo & Erie County Public Library Buffalo, NY | $4,920,940 | $11,835,935 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
Massachusetts Library System Inc Marlborough, MA | $7,404,141 | $11,793,761 |
Ferguson Library Stamford, CT | $21,910,876 | $11,228,846 |
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |