Community Library Association Inc Ketchum Sun Valley & Triumph is located in Ketchum, ID. The organization was established in 1957. As of 06/2022, Community Library Association Inc Ketchum Sun Valley & Triumph employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Library Association Inc Ketchum Sun Valley & Triumph 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, Community Library Association Inc Ketchum Sun Valley & Triumph generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING INFORMATION, IDEAS, AND INDIVIDUALS TOGETHER TO ENHANCE THE CULTURAL LIFE OF THE COMMUNITY. THE COMMUNITY LIBRARY ASSOCIATION IS A PRIVATELY FUNDED, PRIVATELY-GOVERNED, PUBLICLY-MINDED CULTURAL INSTITUTION INCLUDING A LIBRARY, A MUSEUM, AND THE HEMINGWAY HOUSE AND PRESERVE. THE OVERARCHING PRIORITIES OF THE COMMUNITY LIBRARY ASSOCIATION ARE TO PROMOTE LITERACY, ENCOURAGE COMMUNITY CONVERSATIONS, PROVIDE CONTEMPLATIVE SPACE, FOSTER CREATIVITY AND DEEPEN A SENSE OF PLACE IN CENTRAL IDAHO.
Describe the Organization's Program Activity:
THE COMMUNITY LIBRARY ASSOCIATION INCLUDES A MAIN LIBRARY, A CHILDREN'S LIBRARY AND BOOKMOBILE, A LEARNING COMMONS, AND A CENTER FOR REGIONAL HISTORY. APPROXIMATELY 70,000 VISITORS CAME TO THE COMMUNITY LIBRARY IN THE PAST FISCAL YEAR; MORE THAN 135,000 ITEMS WERE CIRCULATED; AND MORE THAN 9,000 ADULTS AND CHILDREN ATTENDED FREE PROGRAMS AND CLASSES. THE COLLECTION INCLUDES APPROXIMATELY 80,000 PHYSICAL CIRCULATING ITEMS AND ALSO DIGITAL RESOURCES, INCLUDING ACCESS TO ONLINE DATABASES AND LEARNING PLATFORMS. ALL OF THESE SERVICES ARE PROVIDED TO THE PUBLIC FOR FREE.
THE COMMUNITY LIBRARY PROVIDES FREE EDUCATIONAL PROGRAMS TO BOTH ADULTS AND CHILDREN. THESE INCLUDE LECTURES, AUTHOR READINGS, STORY TIME, A SUMMER READING PROGRAM, AND COMMUNITY BOOK CLUBS. DURING THE COVID-19 PANDEMIC, THE LIBRARY PIVOTED AND EXPANDED VIRTUAL PROGRAM CAPACITY. THIS HAS CONTINUED TO BE A POPULAR OPTION. THE COMMUNITY LIBRARY LAUNCHED THE SUN VALLEY EARLY LITERACY SUMMIT THIS YEAR. THE SUN VALLEY EARLY LITERACY SUMMIT IS A 3-DAY EDUCATIONAL SEMINAR FOR TEACHERS OF KINDERGARTEN THROUGH THIRD GRADE WHICH FOCUSES ON METHODS TO IMPROVE LITERACY INSTRUCTION. 36 TEACHERS ATTENDED THIS YEAR.
THE LIBRARY'S CENTER FOR REGIONAL HISTORY HOUSES A COLLECTION OF MORE THAN 10,000 PHOTOGRAPHS, 500 ORAL HISTORIES, 2,000 BOOKS, AND ALSO MAPS, DOCUMENTS, THREE-DIMENSIONAL OBJECTS, AND EPHEMERA. IT INCLUDES A SPECIAL ERNEST HEMINGWAY COLLECTION PERTAINING TO THE AUTHOR'S EXTENSIVE TIME SPENT IN THE SUN VALLEY AREA. IT ALSO IS RESPONSIBLE FOR THE STEWARDSHIP OF THE HISTORICAL HEMINGWAY HOUSE AND PRESERVE. THE CENTER FOR REGIONAL HISTORY IS USED BY PROFESSIONAL AND AMATEUR SCHOLARS, STUDENTS, AND VISITORS TO STUDY THE HISTORY OF KETCHUM AND SUN VALLEY, AND CENTRAL IDAHO GENERALLY. THE CENTER FOR REGIONAL HISTORY ALSO INCLUDES THE REGIONAL HISTORY MUSEUM. (CONTINUED ON SCHEDULE O)THE MUSEUM OF HISTORY IS THE EXHIBIT SPACE OF THE LIBRARY'S CENTER FOR REGIONAL HISTORY AND IS LOCATED IN HISTORIC CIVILIZATION CONSERVATION CORPS BUILDINGS OWNED BY THE CITY OF KETCHUM. IT INCLUDES PERMANENT EXHIBITS ON LOCAL HISTORY, SKI HISTORY, AND ERNEST HEMINGWAY, AS WELL AS SHORT EXHIBITS AND TRAVELING EXHIBITS. THE MUSEUM IS VISITED BY SCHOOL GROUPS, TOURISTS, AND RESIDENTS. LAST FISCAL YEAR, MORE THAN 2,000 PEOPLE VISITED THE MUSEUM. ADMISSION IS FREE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Delahorne Chair | OfficerTrustee | 3 | $0 |
Julie Weston Vice Chair/regional History Chair | OfficerTrustee | 2 | $0 |
Sara Pettit Vice Chair (thru Dec 2021) | OfficerTrustee | 2 | $0 |
Enid Rawlings Secretary | OfficerTrustee | 1.5 | $0 |
Jody Beckwith Treasurer | OfficerTrustee | 2 | $0 |
Tyler Davis-Jeffers Treasurer (thru Dec 2021) | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Elias Construction Inc General Contractor | 6/29/20 | $2,483,554 |
Big Wood Landscape Inc Landscaping | 6/29/20 | $463,593 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,957,712 |
Investment income | $261,265 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $37,702 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $193,738 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,468,077 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $20,466 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $195,706 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,551,232 |
Pension plan accruals and contributions | $37,742 |
Other employee benefits | $200,492 |
Payroll taxes | $117,412 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $95,405 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $25,086 |
Fees for services: Other | $74,636 |
Advertising and promotion | $173,944 |
Office expenses | $51,043 |
Information technology | $111,533 |
Royalties | $0 |
Occupancy | $467,354 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,451 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $604,795 |
Insurance | $34,815 |
All other expenses | $0 |
Total functional expenses | $4,131,123 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $621,064 |
Savings and temporary cash investments | $299,059 |
Pledges and grants receivable | $1,040,177 |
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 | $0 |
Investments—publicly traded securities | $6,882,089 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,000 |
Total assets | $24,030,804 |
Accounts payable and accrued expenses | $176,282 |
Grants payable | $0 |
Deferred revenue | $17,324 |
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 | $86,932 |
Total liabilities | $280,538 |
Net assets without donor restrictions | $21,033,532 |
Net assets with donor restrictions | $2,716,734 |
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 | $23,750,266 |