Martin Library Association is located in York, PA. The organization was established in 1942. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martin 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, Martin Library Association generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES FREE PUBLIC LIBRARY SERVICE TO THE CITY OF YORK, PA AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC LIBRARY PROGRAMS AND SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Donley Vice Chair | OfficerTrustee | 2 | $0 |
Mohamed Mtimet Chair | OfficerTrustee | 2 | $0 |
John Senft Counsel | OfficerTrustee | 2 | $0 |
Chrysta Stine Treasurer | OfficerTrustee | 2 | $0 |
Robert Lambert President | Officer | 1 | $0 |
Krista Darr Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $477,731 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $477,731 |
Total Program Service Revenue | $0 |
Investment income | $144,285 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $240,000 |
Net Gain/Loss on Asset Sales | $464,979 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,326,995 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $59,887 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $57,681 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $300,857 |
Insurance | $0 |
All other expenses | $754,704 |
Total functional expenses | $1,173,129 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30 |
Savings and temporary cash investments | $320,597 |
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 | $6,002,369 |
Investments—publicly traded securities | $5,869,394 |
Investments—other securities | $2,710,237 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,902,627 |
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 | $1,810,558 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $624 |
Total liabilities | $1,811,182 |
Net assets without donor restrictions | $10,806,424 |
Net assets with donor restrictions | $2,285,021 |
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 | $14,902,627 |
Over the last fiscal year, we have identified 2 grants that Martin Library Association has recieved totaling $72,047.
Awarding Organization | Amount |
---|---|
York County Community Foundation York, PA PURPOSE: GENERAL SUPPORT, GIVE LOCAL YORK/STRETCH POOL | $48,983 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $23,064 |
Beg. Balance | $2,197,925 |
Earnings | $148,885 |
Net Contributions | $37,178 |
Other Expense | $98,967 |
Ending Balance | $2,285,021 |
Organization Name | Assets | Revenue |
---|---|---|
Stark County District Library Canton, OH | $22,550,169 | $20,470,010 |
Great Neck Library Great Neck, NY | $34,961,861 | $11,637,861 |
Oceanside Library Oceanside, NY | $46,476,817 | $6,978,242 |
Connetquot Public Library Bohemia, NY | $10,940,573 | $6,656,257 |
Queen Annes County Free Library Centreville, MD | $3,534,978 | $5,055,509 |
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 |
Bergen County Cooperative Library System Inc Fair Lawn, NJ | $2,010,518 | $3,727,342 |
Franklin Township Public Library Association Somerset, NJ | $10,614,091 | $3,884,927 |
Eastern Shore Regional Library Inc Salisbury, MD | $2,252,181 | $3,366,767 |