Wadsworth Library is located in Geneseo, NY. The organization was established in 2009. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2021, Wadsworth Library employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wadsworth 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 06/2021, Wadsworth Library generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $430.5k during the year ending 06/2021. While expenses have increased by 2.1% per year over the past 6 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
TO PROVIDE PUBLIC LIBRARY SERVICES TO THE RESIDENTS OF THE COMMUNITIES OF THE GENESEO CENTRAL SCHOOL DISTRICT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LIBRARY SERVES RESIDENTS OF THE GENESEO CENTRAL SCHOOL DISTRICT, NY, PROVIDING THEM WITH MATERIALS, PROGRAMS, INFORMATION AND SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deborah Emerson Library Director | Officer | 40 | $57,445 |
Marcia Koch Treasurer | Officer | 4 | $3,105 |
Thomas Whitmore Vice-President | OfficerTrustee | 2 | $0 |
Michael Dabramo President | OfficerTrustee | 2 | $0 |
Julie Brocklehurst-Woods Secretary | OfficerTrustee | 2 | $0 |
Mark Sullivan Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $762,158 |
All other contributions, gifts, grants, and similar amounts not included above | $334,055 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,096,213 |
Total Program Service Revenue | $1,633 |
Investment income | $4 |
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 | $1,097,850 |
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. | $55,844 |
Compensation of current officers, directors, key employees. | $55,844 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $158,549 |
Pension plan accruals and contributions | $18,073 |
Other employee benefits | $2,150 |
Payroll taxes | $17,936 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,871 |
Fees for services: Accounting | $2,195 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,117 |
Advertising and promotion | $282 |
Office expenses | $10,206 |
Information technology | $9,166 |
Royalties | $0 |
Occupancy | $45,654 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $444 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,224 |
Insurance | $8,888 |
All other expenses | $0 |
Total functional expenses | $430,491 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $416,573 |
Savings and temporary cash investments | $14,670 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $28,569 |
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 | $602,458 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,340,517 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,322,602 |
Total assets | $3,725,389 |
Accounts payable and accrued expenses | $29,784 |
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 | $29,784 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $3,695,605 |
Total liabilities and net assets/fund balances | $3,725,389 |
Over the last fiscal year, we have identified 1 grants that Wadsworth Library has recieved totaling $19,611.
Awarding Organization | Amount |
---|---|
Owwl Library System Canandaigua, NY PURPOSE: ENHANCE LIBRARY SERVICES FOR PUBLIC USE | $19,611 |
Beg. Balance | $1,228,290 |
Earnings | $319,401 |
Admin Expense | $10,949 |
Net Contributions | $53,775 |
Other Expense | $250,000 |
Ending Balance | $1,340,517 |
Organization Name | Assets | Revenue |
---|---|---|
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Pierpont Morgan Library New York, NY | $416,332,166 | $59,153,120 |
Rochester Public Library Rochester, NY | $13,709,813 | $21,920,405 |
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
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 |
Massachusetts Library System Inc Marlborough, MA | $7,404,141 | $11,793,761 |
Ferguson Library Stamford, CT | $21,910,876 | $11,228,846 |
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |