Bucks County Free Library
- Assets
- $19.6m
- Revenue
- $10.1m
- Investments
- $0.0
- Employees
- 163
- Location
- Doylestown, PA
- Founding
- 12/1991
- Data as of
- 12/2022
- EIN
- 23-1520310
Organization Overview
Bucks County Free Library is located in Doylestown, PA. The organization was established in 1991. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2022, Bucks County Free Library employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bucks County 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 12/2022, Bucks County Free Library generated $10.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $9.8m during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 8 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.
Since 2015, Bucks County Free Library has awarded 40 individual grants totaling $2,591,676. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MATERIALS AND SERVICES TO STIMULATE THE IMAGINATION OF ALL LIBRARY USERS WITH PROGRAMS AND MATERIALS FOR PLEASURABLE READING, VIEWING AND LISTENING EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARY PROGRAMS - TO PROVIDE LIBRARY SERVICE, BOOKS, DATABASES, AND AUDIO/VISUAL PRODUCTS TO THE PATRONS OF BUCKS COUNTY. THE COUNTY OF BUCKS PROVIDES SIX LIBRARY SITES FREE OF RENT CHARGES. THE PIERCE LIBRARY ASSOCIATION PROVIDES THE SAMUEL PIERCE BRANCH LIBRARY SITE AT AN ANNUAL RENT OF 1. THE CORRESPONDING IN-KIND CONTRIBUTIONS RECEIVED FOR THE YEAR REFLECTED IN THESE FINANCIAL STATEMENTS CONSISTS OF 441,000 IN DONATED FACILITIES.
TECHNOLOGY SERVICES - TO PROVIDE COMPUTER AND VARIOUS TECHNOLOGY SERVICES TO THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance Moore President | OfficerTrustee | 2 | $0 |
Anthony Bush Vice Preside | OfficerTrustee | 1 | $0 |
Richard D Rogers Treasurer | OfficerTrustee | 1 | $0 |
Amy Masgay Trustee | Trustee | 1 | $0 |
Georgette Helbling Trustee | Trustee | 1 | $0 |
Brian Reimers Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,017,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $500,863 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,518,363 |
| Total Program Service Revenue | $285,144 |
| Investment income | $244,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,711 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,054,772 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $342,660 |
| 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. | $505,695 |
| Compensation of current officers, directors, key employees. | $69,873 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,293,406 |
| Pension plan accruals and contributions | $66,731 |
| Other employee benefits | $361,878 |
| Payroll taxes | $313,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,885 |
| Fees for services: Accounting | $70,277 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,651 |
| Fees for services: Other | $228,282 |
| Advertising and promotion | $7,412 |
| Office expenses | $538,627 |
| Information technology | $425,486 |
| Royalties | $0 |
| Occupancy | $783,790 |
| Travel | $45,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,967 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,249,028 |
| Insurance | $25,416 |
| All other expenses | $0 |
| Total functional expenses | $9,779,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,336,310 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,413 |
| 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 | $376 |
| Net Land, buildings, and equipment | $2,815,865 |
| Investments—publicly traded securities | $14,423,138 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,606,102 |
| Accounts payable and accrued expenses | $981,036 |
| 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 | $981,036 |
| Net assets without donor restrictions | $12,057,451 |
| Net assets with donor restrictions | $6,567,615 |
| 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 | $19,606,102 |
Grants Awarded
Over the last fiscal year, Bucks County Free Library has awarded $342,660 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TWP LIBRARY OF LOWER SOUTHAMPTON PURPOSE: SUPP FIN SUPPORT | $63,803 |
FREE LIBRARY OF NORTHAMPTON TWP PURPOSE: SUPP FIN SUPPORT | $128,832 |
FREE LIB OF NEW HOPE & SOLEBURY PURPOSE: SUPP FIN SUPPORT | $31,915 |
WARMINSTER TWP FREE LIBRARY PURPOSE: SUPP FIN SUPPORT | $107,322 |
VILLAGE LIBRARY OF WRIGHTSTOWN PURPOSE: SUPP FIN SUPPORT | $10,788 |