New Castle Library Commission
- Assets
- $4.2m
- Revenue
- $615.9k
- Investments
- $110.0k
- Employees
- 20
- Location
- New Castle, DE
- Founding
- 04/2006
- Data as of
- 06/2023
- EIN
- 51-0102644
Organization Overview
New Castle Library Commission is located in New Castle, DE. The organization was established in 2006. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2023, New Castle Library Commission employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Castle Library Commission 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 06/2023, New Castle Library Commission generated $615.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $785.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NEW CASTLE PUBLIC LIBRARY IS TO ENRICH OUR COMMUNITY BY PROVIDING LIBRARY RESOURCES AND SERVICES TO MEET THE INFORMATIONAL, EDUCATIONAL, CULTURAL, AND RECREATIONAL NEEDS OF THE CITIZENS OF NEW CASTLE. THE LIBRARY SERVES AS A COMMUNITY CENTER WHERE PEOPLE COME TOGETHER TO DISCUSS, LEARN, GROW, AND SHARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW CASTLE PUBLIC LIBRARY PROVIDED INFORMATIONAL, EDUCATIONAL AND RECREATIONAL MATERIALS AND SERVICES TO 34,879 VISITORS AND CIRCULATED 50,943 ITEMS IN BOTH PRINT AND ELECTRONIC FORMAT IN FY22. ALTHOUGH COMPUTER USE WAS LIMITED, 5,839 SESSIONS OCCURRED AND FREE WIFI WAS ACCESSED BY 3,310 USERS. THE LIBRARY OFFERED 219 PROGRAMS THROUGHOUT THE YEAR WITH 3,739 ATTENDEES. PROGRAMS RANGING FROM CHILDREN'S STORY TIMES TO OUTDOOR MUSIC CONCERTS WERE THE MOST POPULAR. MEETING ROOMS REOPENED TO THE PUBLIC WITH 254 USERS BUT THE LIBRARY MAINTAINED A ZOOM LICENSE TO CONTINUE VIRTUAL ENGAGEMENT. THE LIBRARY REOPENED TO FULL SERVICE IN STAGES THROUGHOUT THE YEAR. IN ADDITION, INVOLVEMENT IN COMMUNITY EVENTS INCREASED THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Clayton President | OfficerTrustee | 2 | $0 |
Chuck Brynes Vice President | OfficerTrustee | 2 | $0 |
Carolyn Briggs Treasurer | OfficerTrustee | 2 | $0 |
Annette Marconi Board Member | Trustee | 1 | $0 |
Tina Massiello Board Member (from 4/23) | Trustee | 1 | $0 |
Helene Gladney Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $62,093 |
| Government grants | $524,825 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $592,354 |
| Total Program Service Revenue | $5,343 |
| Investment income | $2,881 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,967 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $615,896 |
| 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. | $102,225 |
| Compensation of current officers, directors, key employees. | $86,891 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $315,021 |
| Pension plan accruals and contributions | $3,142 |
| Other employee benefits | $23,576 |
| Payroll taxes | $35,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,508 |
| Fees for services: Other | $0 |
| Advertising and promotion | $351 |
| Office expenses | $5,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,972 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,001 |
| Insurance | $6,127 |
| All other expenses | $8,500 |
| Total functional expenses | $785,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,715 |
| Savings and temporary cash investments | $258,638 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $7,367 |
| Net Land, buildings, and equipment | $3,822,069 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $110,043 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,225,832 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $4,190,669 |
| Net assets with donor restrictions | $35,163 |
| 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 | $4,225,832 |