Conshohocken Free Library is located in Conshohocken, PA. The organization was established in 1943. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conshohocken Free 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 12/2021, Conshohocken Free Library generated $86.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $85.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) 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
THE CONSHOHOCKEN FREE LIBRARY IS A GATEWAY TO LIFELONG LEARNING, PROVIDING CONVENIENT ACCESS TO RESOURCES THAT INFORM, EDUCATE, ENTERTAIN, AND ENRICH PEOPLE'S LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING LIBRARY MATERIALS AND SERVICES TO THE GENERAL PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Coll President | OfficerTrustee | 1 | $0 |
Jennfier Mccracken Secretary | OfficerTrustee | 1 | $0 |
Mario D'achille Treasurer | OfficerTrustee | 1 | $0 |
Edward Stern Vice President | OfficerTrustee | 1 | $0 |
Michelle Borkowski Trustee | Trustee | 1 | $0 |
Lucius Carter Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $59,354 |
All other contributions, gifts, grants, and similar amounts not included above | $11,950 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $71,304 |
Total Program Service Revenue | $2,728 |
Investment income | $949 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $8,600 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,500 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $86,081 |
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 | $30,000 |
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 | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,152 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $28,801 |
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 | $11,754 |
Insurance | $7,520 |
All other expenses | $0 |
Total functional expenses | $84,993 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $300,332 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,650 |
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 | $7,142 |
Net Land, buildings, and equipment | $166,123 |
Investments—publicly traded securities | $483 |
Investments—other securities | $12,795 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $491,525 |
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 | $15,980 |
Total liabilities | $15,980 |
Net assets without donor restrictions | $458,427 |
Net assets with donor restrictions | $17,118 |
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 | $491,525 |
Over the last fiscal year, we have identified 2 grants that Conshohocken Free Library has recieved totaling $57,438.
Awarding Organization | Amount |
---|---|
American Society For Testing And Materials West Conshohocken, PA PURPOSE: FURTHER ORGS MISSION | $57,295 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $143 |
Organization Name | Assets | Revenue |
---|---|---|
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Bucks County Free Library Doylestown, PA | $22,091,549 | $9,285,989 |
Science History Institute Support Company Philadelphia, PA | $170,290,036 | $11,212,295 |
Ohionet Westerville, OH | $9,473,014 | $8,653,205 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |
Washington County Free Library Hagerstown, MD | $16,301,833 | $8,756,633 |
Ohio Governors Imagination Library Beavercreek, OH | $8,059,955 | $11,938,530 |
York County Library System York, PA | $12,667,989 | $7,212,125 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
Pennsylvania Academic Library Consortium Inc Drexel Hill, PA | $3,964,819 | $6,669,541 |
Emma S Clark Memorial Library Association Setauket, NY | $12,307,300 | $6,439,716 |
Washington Research Library Consortium Upper Marlboro, MD | $19,082,145 | $5,815,985 |