Colorado Library Consortium
- Assets
- $4.0m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Centennial, CO
- Founding
- 07/1976
- Data as of
- 06/2021
- EIN
- 84-0691967
Organization Overview
Colorado Library Consortium is located in Centennial, CO. The organization was established in 1976. 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, Colorado Library Consortium employed 17 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Colorado Library Consortium 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, Colorado Library Consortium generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $6.6m during the year ending 06/2021. While expenses have increased by 16.9% 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
CONNECTING, ENERGIZING AND INSPIRING SERVICES FOR LIBRARIES THROUGHOUT COLORADO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOPERATIVE PURCHASES FOR ELECTRONIC RESOURCES AND DATABASES WHICH ARE LICENSED BY LIBRARIES STATEWIDE AND DELIVERED TO ALL TYPES OF PUBLIC, ACADEMIC AND SCHOOL COMMUNITIES. PROGRAM SAVES PARTICIPATING LIBRARIES AND INSTITUTIONS MORE THAN $16M COMPARED TO RETAIL PRICES FOR SUCH ELECTRONIC RESOURCES AND DATABASES.
SUPPORTS COST EFFECTIVE SHARING INITIATIVES, SUCH AS THE COLORADO LIBRARY COURIER, THAT IMPROVES ACCESS TO MATERIALS VIA INTERLIBRARY LOAN (ILL) STATEWIDE. FOR PARTICIPATING LIBRARIES, ACADEMIC INSTITUTIONS AND SCHOOLS, THE COURIER SYSTEM ANNUALLY TRANSPORTS MORE THAN 1.8 MILLION ITEMS AMONG PARTICIPATING LIBRARIES AND INSTITUTIONS.
MANAGES A SHARED ONLINE CATALOG SYSTEM CALLED ASPENCAT-INFRASTRUCTURE FOR RURAL & SMALL LIBRARIES, WHICH PROVIDES ACCESS TO RESOURCES & COLLECTIONS HELD BY THOSE LIBRARIES. MORE THAN 150 LIBRARIES PARTICIPATE, COST-EFFECTIVELY SHARING IN EXPENSES RELATED TO DELIVERY OF THE ONLINE CATALOG SYSTEM TO LOCAL PUBLIC AND SCHOOL LIBRARY COMMUNITIES, PREDOMINANTLY SMALL AND RURAL. DELIVERS TALENT DEVELOPMENT & CONTINUING EDUCATION TO MORE THAN 400 LIBRARY STAFF MEMBERS THROUGH ONLINE AND IN-PERSON CONFERENCE, WORKSHOP AND TRAINING SESSIONS. THROUGH A COLLEAGUE-ON-CALL SERVICE, PROVIDES NO-COST CONSULTING EXPERTISE TO RURAL & SMALL LIBRARIES ON A VARIETY OF TOPICS, RANGING FROM POLICY DEVELOPMENT, COLLECTION MANAGEMENT, HUMAN RESOURCES, DATA-DRIVEN PLANNING, SPACE UTILIZATION AND NICHE TECHNOLOGIES. THE ORGANIZATION PROVIDES MANY OTHER SERVICES AS WELL.
ADMINISTRATIVE AGENT AND EMPLOYER OF RECORD FOR THE FLATIRONS LIBRARY CONSORTIUM, THE COLORADO VIRTUAL LIBRARY, AND COLORADO HISTORIC NEWSPAPERS COLLECTION. THESE AND OTHER ORGANIZATIONS AND GROUPS DERIVE BENEFITS BY NOT HAVING TO REPLICATE - AT A HIGHER COST - FISCAL OR PAYROLL INFRASTRUCTURE PROVIDED BY CLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Duncan Executive Director | Officer | 40 | $100,194 |
David Sanger Chair | OfficerTrustee | 0.5 | $0 |
Paul Paladino Treasurer | OfficerTrustee | 0.5 | $0 |
April Amack Secretary | OfficerTrustee | 0.5 | $0 |
Shara Berghuis Director | Trustee | 0.5 | $0 |
Madeline Cohen Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ebsco Database Publisher | 6/29/20 | $1,800,718 |
American Courier Corp Courier Library Material | 6/29/20 | $1,002,260 |
Oclc Database Publisher | 6/29/20 | $249,272 |
Ebsco Database Publisher | 6/29/20 | $1,800,718 |
Coughlan Companies Llc Dba Capstone Database Publisher | 6/29/20 | $157,490 |
American Courier Corp Courier Library Material | 6/29/20 | $1,002,260 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,000,000 |
| 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 | $1,000,000 |
| Total Program Service Revenue | $5,614,051 |
| Investment income | $2,623 |
| 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 | $6,616,674 |
| 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. | $150,587 |
| Compensation of current officers, directors, key employees. | $150,587 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $934,222 |
| Pension plan accruals and contributions | $163,330 |
| Other employee benefits | $79,377 |
| Payroll taxes | $50,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,362 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,545,889 |
| Advertising and promotion | $0 |
| Office expenses | $3,268 |
| Information technology | $42,010 |
| Royalties | $0 |
| Occupancy | $77,056 |
| Travel | $10,137 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,936 |
| All other expenses | $144,115 |
| Total functional expenses | $6,595,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,848,932 |
| Savings and temporary cash investments | $1,684,184 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $203,877 |
| 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 | $6,306 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $305,806 |
| Total assets | $4,049,105 |
| Accounts payable and accrued expenses | $172,155 |
| Grants payable | $0 |
| Deferred revenue | $300,071 |
| 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 | $2,717,843 |
| Total liabilities | $3,190,069 |
| 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 | $859,036 |
| Total liabilities and net assets/fund balances | $4,049,105 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Library Consortium has recieved totaling $74,965.
| Awarding Organization | Amount |
|---|---|
Finra Investor Education Foundation Rockville, MD PURPOSE: SEE PART IV | $74,965 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pioneer Library System Norman, OK | $5,931,448 | $15,507,691 |
Colorado Library Consortium Centennial, CO | $4,049,105 | $6,616,674 |
Outreach United Resource Center Inc Longmont, CO | $8,325,883 | $5,899,409 |
Community Information Trust Omaha, NE | $18,420,748 | $2,358,228 |
Sedona Public Library Sedona, AZ | $7,250,372 | $2,554,776 |
Desert Foothills Library Association Cave Creek, AZ | $11,787,133 | $1,313,288 |
Jal Public Library Fund Jal, NM | $27,094,564 | $3,040,405 |
La Llave Family Resource Center Inc Alamosa, CO | $303,516 | $1,091,609 |
Mid-Continent Geological Library Inc Edmond, OK | $1,595,859 | $293,509 |
Board Of Trustees Of The Sedgwick County Law Library Inc Wichita, KS | $799,436 | $866,999 |
Friends Of The Prescott Public Library Prescott, AZ | $6,216,135 | $310,450 |
Limbo Up Foundation Inc Denver, CO | $0 | $377,102 |