Oclc Inc is located in Dublin, OH. The organization was established in 1970. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2022, Oclc Inc employed 938 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oclc Inc 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, Oclc Inc generated $265.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $209.7m during the year ending 06/2021. While expenses have increased by 0.2% per year over the past 5 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, Oclc Inc has awarded 21 individual grants totaling $254,178. 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
ESTABLISH, MAINTAIN AND OPERATE A COMPUTERIZED LIBRARY NETWORK AND TO (CONTINUED ON SCHEDULE O) PROMOTE THE EVOLUTION OF LIBRARY USE, OF LIBRARIES THEMSELVES AND OF LIBRARIANSHIP, AND TO PROVIDE PROCESSES AND PRODUCTS FOR THE BENEFIT OF LIBRARY USERS AND LIBRARIES, INCLUDING SUCH OBJECTIVES AS INCREASING AVAILABILITY OF LIBRARY RESOURCES TO INDIVIDUAL LIBRARY PATRONS AND REDUCING THE RATE-OF-RISE OF LIBRARY PER-UNIT COSTS, ALL FOR THE FUNDAMENTAL PUBLIC PURPOSE OF FURTHERING EASE OF ACCESS TO AND USE OF THE EVER-EXPANDING BODY OF WORLDWIDE SCIENTIFIC, LITERARY AND EDUCATIONAL KNOWLEDGE AND INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OCLCOCLC IS A NONPROFIT GLOBAL LIBRARY COOPERATIVE THAT PROVIDES SHARED TECHNOLOGY SERVICES, ORIGINAL RESEARCH AND COMMUNITY PROGRAMS SO THAT LIBRARIES CAN BETTER FUEL LEARNING, RESEARCH AND INNOVATION. THROUGH OCLC, MEMBER LIBRARIES COOPERATIVELY PRODUCE AND MAINTAIN WORLDCAT, THE MOST COMPREHENSIVE GLOBAL NETWORK OF DATA ABOUT LIBRARY COLLECTIONS AND SERVICES. LIBRARIES GAIN EFFICIENCIES THROUGH OCLC'S WORLDSHARE, A COMPLETE SET OF LIBRARY MANAGEMENT APPLICATIONS AND SERVICES BUILT ON AN OPEN, CLOUD-BASED PLATFORM. IT IS THROUGH COLLABORATION AND SHARING OF THE WORLD'S COLLECTED KNOWLEDGE THAT LIBRARIES CAN HELP PEOPLE FIND ANSWERS THEY NEED TO SOLVE PROBLEMS. TOGETHER AS OCLC, MEMBER LIBRARIES, STAFF AND PARTNERS MAKE BREAKTHROUGHS POSSIBLE.OCLC NARRATIVE FOR FY21-22THE LAST TWO YEARS USHERED IN SWEEPING CHANGES THAT CHALLENGED ROUTINES AND RESOLVE. WE'VE ALL WITNESSED DIGITAL TRANSFORMATION IN MANY FACETS OF HOW WE LIVE AND WORK. WE HAVE ADAPTED.OCLC HAD BEEN INVESTING IN NEW SERVICES, TECHNOLOGY, AND INFRASTRUCTURE BEFORE THE COVID-19 PANDEMIC ACCELERATION STARTED. THAT PROVIDED A HEAD START TO STEP UP AND MEET THE RAPIDLY EVOLVING NEEDS OF LIBRARIES THROUGH CRITICALLY IMPORTANT RESEARCH, TRAINING, AND NEW SERVICES. OCLC HAS INVESTED HEAVILY IN PEOPLE, PROCESSES, AND TECHNOLOGY. BECAUSE OF THOSE INVESTMENTS, THE ORGANIZATION WAS ABLE TO PIVOT, INNOVATE AT A FASTER PACE THAN EVER BEFORE, AND HELP LIBRARIES ADVANCE WHEN THEY WERE NEEDED MOST TO SUPPORT COMMUNITIES IN CRISIS.WORLDCATWORLDCAT IS A REMARKABLE ACHIEVEMENT IN GLOBAL COLLABORATION. FOR MORE THAN 50 YEARS, MEMBER LIBRARIES ALONG WITH OCLC METADATA EXPERTS HAVE CONTRIBUTED, ENHANCED, AND IMPROVED BIBLIOGRAPHIC DATA TO CONNECT CULTURAL AND SCHOLARLY RESOURCES IN LIBRARIES WORLDWIDE. OCLC PARTNERED WITH HUNDREDS OF LIBRARIES TO BUILD THE NEW WORLDCAT.ORG, THE ONLY SITE WHERE ANYONE CAN EXPLORE BILLIONS OF ITEMS FROM A GLOBAL NETWORK OF THOUSANDS OF LIBRARY LOCATIONS IN A SINGLE SEARCH. THE REDESIGNED WORLDCAT.ORG FEATURES AN IMPROVED USER EXPERIENCE, INCREASES THE IMPACT OF LIBRARIES ON THE WEB, AND PROVIDES MORE WAYS TO CONNECT WITH PEOPLE.OCLC COMPLETED THE RE-ARCHITECTURE OF THE WORLDCAT KNOWLEDGE BASE. THIS MULTI-YEAR PROJECT MAKES E-CONTENT MORE DISCOVERABLE AND IMMEDIATELY ACCESSIBLE TO LIBRARY USERS. A STRONG KNOWLEDGE BASE IS THE FOUNDATION FOR MANAGING E-RESOURCES, INCLUDING CONTINUAL EXPANSION OF AVAILABLE E-RESOURCES AND FOSTERING NEW APPROACHES TO COLLECTION MANAGEMENT. AT THE END OF THE FISCAL YEAR, THE WORLDCAT KNOWLEDGE BASE INCLUDED 22,786 COLLECTIONS FROM 661 PROVIDERS, COMPRISING 62,463,124 RECORDS-A 19% INCREASE IN COLLECTIONS AND A 12% INCREASE IN RECORDS FROM THE PREVIOUS YEAR.THROUGH A NEW PROGRAM WITH GOOGLE, RECORDS OF PRINT BOOKS DISCOVERED THROUGH GOOGLE SEARCH NOW LINK DIRECTLY TO LIBRARY CATALOGS USING WORLDCAT DATA. THE PROGRAM IMPROVES THE VISIBILITY OF LIBRARY COLLECTIONS ON THE OPEN WEB AND WILL EXPAND TO MORE LIBRARIES AND CONNECT TO MORE LIBRARY RESOURCES IN THE FUTURE. OCLC IS THE LARGEST PROVIDER OF LIBRARY DATA TO GOOGLE AND HAS WORKED WITH THEM FOR MORE THAN 13 YEARS TO INCREASE ACCESS TO INFORMATION IN LIBRARIES ON THE WEB.RESOURCE SHARINGMORE THAN 10,000 LIBRARIES IN 56 COUNTRIES USED OCLC RESOURCE SHARING SERVICES THIS YEAR, PROCESSING 4.6 MILLION INTERLIBRARY LOAN REQUESTS, AN INCREASE OF 7% FROM LAST YEAR. MUCH OF THIS GROWTH WAS DUE TO THE IMPLEMENTATION OF THE LIBRARY ON-DEMAND VISION, WHICH PROVIDES NEW SMART FULFILLMENT FUNCTIONALITY THAT GETS ITEMS TO LIBRARY USERS FASTER AND SAVES LIBRARY STAFF TIME.SMART FULFILLMENT MAKES FAST, DATA-DRIVEN RECOMMENDATIONS BASED ON A LIBRARY'S LOCAL POLICIES, ITEM AVAILABILITY, NETWORK RELATIONSHIPS, AND USER NEEDS.MORE THAN 1,000 LIBRARIES PARTICIPATED IN THE NEW EXPRESS DIGITAL DELIVERY PROGRAM THAT FACILITATES EXCEPTIONALLY FAST ILL PROCESSING AND CUT THE AVERAGE TURNAROUND TIME BY 50%. DURING FY22, MORE THAN 455,000 COPY REQUESTS WERE FILLED IN AN AVERAGE OF 10 HOURS AMONG EXPRESS LIBRARIES.WORLDSHARE MANAGEMENT SERVICESMORE THAN 750 LIBRARIES IN 27 COUNTRIES HAVE NOW SELECTED WORLDSHARE MANAGEMENT SERVICES (WMS), THE WORLD'S FIRST CLOUD-BASED LIBRARY SERVICES PLATFORM.THIS YEAR, MORE THAN 200 ENHANCEMENTS WERE ADDED TO WMS-MORE THAN 70% OF WHICH WERE BASED ON COMMUNITY INPUT. WMS ACHIEVED US STATERAMP 'READY' AUTHORIZATION, THE FIRST IN THE LIBRARY INDUSTRY TO DO SO, FOLLOWING A THOROUGH EVALUATION TO MEET SECURITY REQUIREMENTS FOR CLOUD SERVICES AT STATE AND LOCAL LEVELS OF GOVERNMENT.OCLC WISEOCLC CONTINUES TO WORK CLOSELY WITH WISE EARLY ADOPTERS IN THE US TO ADD NEW FEATURES AND FUNCTIONALITY TO ENHANCE WORKFLOWS FOR STAFF AND THE USER EXPERIENCE FOR LIBRARY CUSTOMERS. BUCKS COUNTY FREE LIBRARY, IN PENNSYLVANIA, WENT LIVE WITH WISE THIS YEAR.OCLC CONTINUED TO EXPAND WISE IN EUROPE, AS 58 LIBRARIES THAT ARE PART OF CULTUURCONNECT IN FLANDERS, BELGIUM, WENT LIVE. CURRENTLY, 268 FLANDERS PUBLIC LIBRARIES AND THEIR USERS ARE NOW ENJOYING THE BENEFITS OF WISE AS THEIR UNIFIED LIBRARY SYSTEM. THE FLANDERS WISE SYSTEM IS OCLC'S LARGEST WISE IMPLEMENTATION. THE 315 LIBRARIES SERVE 6.8 MILLION FLEMISH CITIZENS WITH MORE THAN 28 MILLION COMBINED LIBRARY HOLDINGS.MOBILE TECHNOLOGYRECOGNIZING THAT EFFECTIVE COMMUNITY ENGAGEMENT FOR LIBRARIES REQUIRES AN INTUITIVE, POWERFUL, AND FLEXIBLE MOBILE APP, OCLC PURCHASED CAPIRA TECHNOLOGIES IN 2020. CAPIRA CREATES CUSTOMIZED MOBILE APPS, PROVIDING FOR AN OPTIMAL USER EXPERIENCE, INCLUDING DIGITAL LIBRARY CARDS, SELF-CHECKOUT, AND MORE. OCLC WELCOMED 88 NEW ADDITIONS TO THE CAPIRA FAMILY THIS YEAR, AND THE ENTIRE SUITE OF CAPIRA LIBRARY SERVICES WERE RECOGNIZED WITH LIBRARYWORKS 2022 MODERN LIBRARY AWARDS.OCLC EZPROXYTHE CUSTOMER BASE OF HOSTED EZPROXY GREW APPROXIMATELY 37% IN FY22. IN EMEA AND APAC, THERE WERE MORE THAN 300 LIBRARIES THAT EITHER MIGRATED TO OR SUBSCRIBED FOR THE FIRST TIME TO HOSTED EZPROXY.BY THE END OF THE YEAR, 85 LIBRARIES AROUND THE WORLD WERE USING EZPROXY ANALYTICS. THESE CUSTOMERS USE EZPROXY ANALYTICS TO GAIN A DEEPER UNDERSTANDING OF WHO'S INTERACTING WITH THEIR SERVICES; JUSTIFY E-RESOURCE INVESTMENTS; AND INFORM DECISIONS ABOUT RENEWALS, CANCELLATIONS, AND ACQUISITIONS.WORLDCAT DISCOVERYSEARCHING IN WORLDCAT DISCOVERY INCREASED 39% IN FY22, WITH USERS AVERAGING 424 MILLION SEARCHES PER MONTH. IT ENABLES USERS TO IDENTIFY AND OBTAIN RESOURCES IN A WIDE VARIETY OF FORMATS AND COLLECTIONS, AND INNOVATIVE SEARCH TOOLS PROVIDE RESULTS WITHOUT BIAS TOWARD ANY CONTENT PROVIDERS.OCLC GREENGLASSTHE NUMBER OF SHARED PRINT COMMITMENTS REGISTERED IN WORLDCAT GREW TO MORE THAN 25 MILLION. THIS DEMONSTRATES THE STRENGTH IN OUR PARTNERSHIP WITH THE SHARED PRINT COMMUNITY. GREENGLASS FOR SERIALS ADDED SUPPORT FOR PRINT TO E-SERIALS COMPARISONS, ALLOWING LIBRARIES TO DEDUPLICATE PRINT SERIAL RUNS USING INFORMATION ABOUT THEIR ELECTRONIC HOLDINGS.USE OF GREENGLASS CONTINUED TO EXPAND GLOBALLY. MORE THAN 560 PROJECTS HAVING BEEN CONDUCTED TO DATE BY INDIVIDUAL LIBRARIES AND GROUPS TO INFORM A VARIETY OF PRINT COLLECTION MANAGEMENT DECISIONS. NEW CUSTOMERS INCLUDE UNIVERSITY OF MINNESOTA (US), SENATE HOUSE LIBRARY (UK), AND THE FEDERAL SCIENCE LIBRARIES NETWORK (CANADA).LINKED DATAOCLC COMPLETED A PROJECT, FUNDED IN PART BY A GRANT FROM THE MELLON FOUNDATION, TO DEVELOP A SHARED ENTITY MANAGEMENT INFRASTRUCTURE THAT SUPPORTS LINKED DATA INITIATIVES IN THE LIBRARY COMMUNITY. AS A RESULT, WE RELEASED MORE THAN 150 MILLION WORLDCAT ENTITIES CONTAINING DESCRIPTIONS OF CREATIVE WORKS AND PERSONS ON A FREELY AVAILABLE LOOK-UP SITE AT ENTITIES.OCLC.ORG. WE'RE NOW PARTNERING WITH KEY LIBRARIES TO HELP US REFINE AND ENHANCE AN ENTITIES MANAGEMENT TOOL-OCLC MERIDIAN-AND APIS. THAT WILL GIVE LIBRARIES WHAT THEY NEED TO FULLY INCORPORATE LINKED DATA INTO THEIR WORKFLOWS, EMPOWERING DISCOVERY THROUGH CONNECTIONS THAT ANSWER QUESTIONS RESEARCHERS HAVEN'T YET THOUGHT TO ASK.OCLC RESEARCHOCLC RESEARCH CONTINUED TO GUIDE THE COMMUNITY WITH CRITICAL ANALYSIS AND RECOMMENDATIONS. THE REALM PROJECT HELPED LIBRARIES ASSESS THE IMPLICATIONS OF COVID-19 VARIANTS, VACCINES, AND FACILITIES REQUIREMENTS. REIMAGINING DESCRIPTIVE WORKFLOWS SETS OUT A COMMUNITY AGENDA TO ADDRESS HARM CAUSED BY LEGACY CATALOGING PRACTICES IN CULTURAL INSTITUTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deaton Brady Trustee - Finance & Invest | Trustee | 8 | $25,250 |
Anderson Dr Craig Trustee | Trustee | 5 | $22,000 |
Hilsheimer Cindy Trustee - Vice Board Chair | Trustee | 8 | $29,000 |
Keane Kathleen Trustee - Personnel & Comp | Trustee | 8 | $31,500 |
Lison Barbara Trustee - Governance Chair | Trustee | 8 | $25,613 |
Neal James Trustee - Finance & Invest | Trustee | 8 | $25,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ahead Llc Technical Services | 6/29/22 | $2,660,662 |
Expedient Technical Support Services | 6/29/22 | $1,360,505 |
Level 3 Communications Llc Technical Services | 6/29/22 | $932,014 |
Marsh & Mclennan Agency Llc Consulting Services | 6/29/22 | $651,873 |
Squires Patton Boggs Llp Project Consulting | 6/29/22 | $610,121 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,373,067 |
Investment income | $9,868,562 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $27,875 |
Net Gain/Loss on Asset Sales | $38,903,558 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $265,225,166 |
Statement of Expenses | |
---|---|
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. | $7,823,475 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $101,342,751 |
Pension plan accruals and contributions | $6,456,073 |
Other employee benefits | $10,924,516 |
Payroll taxes | $10,209,534 |
Fees for services: Management | $0 |
Fees for services: Legal | $892,318 |
Fees for services: Accounting | $541,077 |
Fees for services: Lobbying | $144,677 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $129,089 |
Fees for services: Other | $8,375,680 |
Advertising and promotion | $398,904 |
Office expenses | $2,360,236 |
Information technology | $15,471,014 |
Royalties | $3,194,898 |
Occupancy | $4,839,057 |
Travel | $222,992 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $235,562 |
Interest | $1,311,730 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,340,982 |
Insurance | $735,540 |
All other expenses | $0 |
Total functional expenses | $209,722,117 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $59,012,913 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $18,083,908 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $8,692 |
Prepaid expenses and deferred charges | $6,452,078 |
Investments—publicly traded securities | $256,028,759 |
Investments—other securities | $10,300,945 |
Investments—program-related | $0 |
Intangible assets | $88,867,123 |
Other assets | $5,911,417 |
Total assets | $494,924,030 |
Accounts payable and accrued expenses | $31,776,339 |
Grants payable | $0 |
Deferred revenue | $39,262,266 |
Tax-exempt bond liabilities | $78,716,098 |
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 | $22,864,246 |
Total liabilities | $172,618,949 |
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 |
Total liabilities and net assets/fund balances | $322,305,081 |
Over the last fiscal year, Oclc Inc has awarded $6,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
COLUMBUS SYMPHONY ORCHESTRA PURPOSE: OPERATING SUPPORT | $6,000 |