Bucks County Free Library
- Assets
- $22.1m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 143
- Location
- Doylestown, PA
- Founding
- 12/1991
- Data as of
- 12/2021
- 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 12/2021, Bucks County Free Library employed 143 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 12/2021, Bucks County Free Library generated $9.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $9.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bucks County Free Library has awarded 30 individual grants totaling $1,935,167. 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
2021
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 |
|---|---|---|---|
Martina Kominiarek CEO | Officer | 40 | $160,329 |
John J Doran III CFO | Officer | 40 | $102,154 |
Joseph Thompson COO | Officer | 40 | $98,312 |
Pam Riley Hr Administr | Officer | 40 | $68,997 |
Constance Moore President | OfficerTrustee | 2 | $0 |
Richard D Rogers Secretary/tr | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,954,509 |
| All other contributions, gifts, grants, and similar amounts not included above | $427,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,382,263 |
| Total Program Service Revenue | $224,689 |
| Investment income | $564,891 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $112,536 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,285,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $199,885 |
| 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. | $499,292 |
| Compensation of current officers, directors, key employees. | $78,069 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,262,776 |
| Pension plan accruals and contributions | $74,644 |
| Other employee benefits | $404,575 |
| Payroll taxes | $315,238 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,166 |
| Fees for services: Accounting | $52,126 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,372 |
| Fees for services: Other | $100,223 |
| Advertising and promotion | $10,638 |
| Office expenses | $381,616 |
| Information technology | $532,075 |
| Royalties | $0 |
| Occupancy | $634,111 |
| Travel | $26,290 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,404 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,285,451 |
| Insurance | $25,123 |
| All other expenses | $0 |
| Total functional expenses | $9,419,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,796,958 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,735 |
| 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 | $2,742,642 |
| Investments—publicly traded securities | $17,509,214 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,091,549 |
| Accounts payable and accrued expenses | $618,431 |
| 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 | $618,431 |
| Net assets without donor restrictions | $14,014,215 |
| Net assets with donor restrictions | $7,458,903 |
| 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 | $22,091,549 |
Grants Awarded
Over the last fiscal year, Bucks County Free Library has awarded $199,885 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FREE LIBRARY OF NORTHAMPTON TWP PURPOSE: SUPP FIN SUPPORT | $75,152 |
WARMINSTER TWP FREE LIBRARY PURPOSE: SUPP FIN SUPPORT | $62,605 |
TWP LIBRARY OF LOWER SOUTHAMPTON PURPOSE: SUPP FIN SUPPORT | $37,218 |
New Hope, PA PURPOSE: SUPP FIN SUPPORT | $18,617 |
Wrightstown, PA PURPOSE: SUPP FIN SUPPORT | $6,293 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Bucks County Free Library has recieved totaling $9,990.
| Awarding Organization | Amount |
|---|---|
Albert W Bader Foundation Inc Philadelphia, PA PURPOSE: SUPPORT ALL OF THE BENSALEM BRANCH'S PROGRAMS & SERVICES | $5,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $1,250 |
Marie J Kister T-W 1513602110 Las Vegas, NV PURPOSE: GENERAL OPERATING | $1,200 |
Marvin And Dee Ann Woodall Charitable Foundation Inc Doylestown, PA PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $290 |
Endowment Analysis
| Beg. Balance | $4,182,223 |
| Earnings | $497,425 |
| Admin Expense | -$18,043 |
| Net Contributions | $55,073 |
| Other Expense | -$417 |
| Ending Balance | $4,716,261 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Reuben Mcmillan Free Library Association Youngstown, OH | $89,698,038 | $21,065,303 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Greene County Public Library Xenia, OH | $9,776,484 | $13,108,130 |
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 |
Elyria Public Library Elyria, OH | $12,392,667 | $6,063,469 |
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 |