New Hartford Public Library
- Assets
- $1.9m
- Revenue
- $388.9k
- Investments
- $0.0
- Employees
- 16
- Location
- New Hartford, NY
- Founding
- 03/1977
- Data as of
- 12/2023
- EIN
- 22-2141661
Organization Overview
New Hartford Public Library is located in New Hartford, NY. The organization was established in 1977. 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, New Hartford Public Library employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hartford 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, New Hartford Public Library generated $388.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $545.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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
TO PROVIDE EDUCATIONAL AND RECREATIONAL MEDIUM TO RESIDENTS OF THE TOWN OF NEW HARTFORD AND THE MID-YORK LIBRARY REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL AND RECREATIONAL MEDIUM TO RESIDENTS OF THE TOWN OF NEW HARTFORD AND THE MID-YORK LIBRARY REGION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Duross Director | Trustee | 35 | $65,361 |
Heather Mowat CPA Trustee | Trustee | 2 | $0 |
Carol Ann D'accurzio Vice President | OfficerTrustee | 2 | $0 |
Virginia Emmert Trustee | Trustee | 2 | $0 |
Raymond L Philo Treasurer | OfficerTrustee | 4 | $0 |
Joanne Donaruma-Wade Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $351,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,877 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $377,402 |
| Total Program Service Revenue | $11,434 |
| Investment income | $42 |
| 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 | $388,878 |
| 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. | $65,361 |
| Compensation of current officers, directors, key employees. | $32,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,768 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,064 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,866 |
| Advertising and promotion | $0 |
| Office expenses | $7,248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,697 |
| 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 | $122,621 |
| Insurance | $13,579 |
| All other expenses | $11,551 |
| Total functional expenses | $545,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,155 |
| Savings and temporary cash investments | $212,345 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,670 |
| 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 | $2,876 |
| Net Land, buildings, and equipment | $1,549,693 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,238 |
| Total assets | $1,926,977 |
| Accounts payable and accrued expenses | $152,880 |
| 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 | -$37,580 |
| Total liabilities | $115,300 |
| Net assets without donor restrictions | $1,677,957 |
| Net assets with donor restrictions | $133,720 |
| 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 | $1,926,977 |