Loyola-Notre Dame Library Inc
- Assets
- $17.3m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 40
- Location
- Baltimore, MD
- Founding
- 06/1968
- Data as of
- 06/2022
- EIN
- 52-0881396
Organization Overview
Loyola-Notre Dame Library Inc is located in Baltimore, MD. The organization was established in 1968. 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, Loyola-Notre Dame Library Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loyola-Notre Dame Library 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 06/2022, Loyola-Notre Dame Library Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INFORMATION AND RESOURCE SUPPORT FOR LOYOLA UNIVERSITY OF MARYLAND AND NOTRE DAME OF MARYLAND UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING, MAINTAINING, AND UPDATING LIBRARY FACILITIES FOR USE PRIMARILY BY FACULTY AND STUDENTS OF TWO COLLEGES - LOYOLA UNIVERSITY OF MARYLAND AND NOTRE DAME OF MARYLAND UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Preece Executive Director Until 9/30/21 | Officer | 37.5 | $149,918 |
Mary C O'neill Executive Director Starting 10/1/21 | Officer | 37.5 | $101,274 |
Edward Joffe Treasurer | OfficerTrustee | 5 | $0 |
Mary Louise Preis Chairman | OfficerTrustee | 5 | $0 |
Stuart A Smith III President | OfficerTrustee | 5 | $0 |
Bishop Denis J Madden Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,806,488 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,806,488 |
| Total Program Service Revenue | $11,133 |
| Investment income | $0 |
| 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 | $4,820,071 |
| 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. | $209,916 |
| Compensation of current officers, directors, key employees. | $31,487 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,164,551 |
| Pension plan accruals and contributions | $123,325 |
| Other employee benefits | $124,044 |
| Payroll taxes | $95,884 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $116,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,334 |
| Advertising and promotion | $4,436 |
| Office expenses | $19,976 |
| Information technology | $88,405 |
| Royalties | $0 |
| Occupancy | $393,990 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $994,457 |
| Insurance | $67,392 |
| All other expenses | $23,254 |
| Total functional expenses | $5,087,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,833,129 |
| Savings and temporary cash investments | $0 |
| 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 | $247,794 |
| Net Land, buildings, and equipment | $14,065,921 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,000 |
| Total assets | $17,276,844 |
| Accounts payable and accrued expenses | $257,634 |
| 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 | $257,634 |
| Net assets without donor restrictions | $16,798,143 |
| Net assets with donor restrictions | $221,067 |
| 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 | $17,276,844 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
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 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |
Washington County Free Library Hagerstown, MD | $16,301,833 | $8,756,633 |
York County Library System York, PA | $12,667,989 | $7,212,125 |
Pennsylvania Academic Library Consortium Inc Drexel Hill, PA | $3,964,819 | $6,669,541 |
Washington Research Library Consortium Upper Marlboro, MD | $19,082,145 | $5,815,985 |
Loyola-Notre Dame Library Inc Baltimore, MD | $17,276,844 | $4,820,071 |
Montgomery County Norristown Public Library Norristown, PA | $4,763,623 | $5,116,370 |
Theodore F Jenkins Memorial Law Library Company Philadelphia, PA | $9,335,246 | $5,145,858 |