Bradford Public Library
- Assets
- $2.4m
- Revenue
- $95.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Bradford, VT
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 03-0181210
Organization Overview
Bradford Public Library is located in Bradford, VT. The organization was established in 1983. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Bradford Public Library employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bradford Public Library 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 12/2021, Bradford Public Library generated $95.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $81.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A PUBLIC LIBRARY FOR THE TOWN OF BRADFORD VT FROM ITS HISTORIC WOODS LIBRARY BUILDING. WE PROVIDE BOOKS INTER-LIBRARY LOANS AUDIO BOOKS MAGAZINES INTERNET AND COMPUTER PROGRAMMING ACCESS FAX SERVICES IN ADDITION TO ROBUST CHILDREN AND ADULT PROGRAMMING. WE ALSO PROVIDE IMPORTANT COMMUNITY MEETING SPACE. SINCE THE ONSET OF COVID-19 WE HAVE SERVED AS AN ESSENTIAL REPOSITORY FOR FREE MEAL DISTRIBUTION AND OTHER COVID-RELATED RESOURCES FOR THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1,319 ACTIVE REGISTERED PATRONS 973 ATTENDEES AT VIRTUAL AND OUTDOOR CHILDREN'S AND ADULT PROGRAMMING EVENTS 395 FREE MEALS DISTRIBUTED 2021 USAGE EVENTS THROUGH OUR SUBSCRIPTION TO GREEN MTN LIBRARY CONSORTIUM OFFERING AUDIO AND EBOOK TITLES 330 LOANS OFFERED THROUGH INTERLIBRARY LOANS 491 BORROWS THROUGH INTERLIBRARY LOANS. $4,411 GRANT FROM ARPA 1 FOR TECHNOLOGY PURCHASE $4,000 GRANT FROM HIGH MEADOWS FUND USED TO CONDUCT SPECIAL ADULT PROGRAMMING $3,000 GRANT FROM VT COMMUNITY FOUNDATION SPARK USED TO CONDUCT SPECIAL ADULT PROGRAMMING $1,500 VT COMMUNITY FOUNDATION TECHNOLOGY GRANT $500 GRANT FROM WASHINGTON ELECTRONIC FOR VIDEO PRODUCTION $250 PRESERVATION TRUST GRANT FOR HEATING VENTILATION IMPROVEMENTS $200 SUMMER READING PERFORMANCE GRANT FOR SUMMER CHILDREN'S PROGRAMMING $100 GRANT FROM BRADFORD PARKS & REC FOR SUMMER CHILDREN'S PROGRAMMING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Trede Librarian | 26 | $28,052 | |
Betsy Kane Associate Librarian | Officer | 20 | $12,555 |
Kathy Davidow Associate Librarian | Officer | 4 | $2,744 |
Karen Danforth Bookkeeper | Officer | 4 | $1,200 |
Anna Peart Associate Librarian | Officer | 10 | $300 |
Angela Conrad-Schlager Board President | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,110 |
| Related organizations | $0 |
| Government grants | $59,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,942 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,052 |
| Total Program Service Revenue | $0 |
| 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 | $95,052 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,851 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,120 |
| Information technology | $1,081 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $56 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $173 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,956 |
| All other expenses | $740 |
| Total functional expenses | $81,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,815 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,270,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,441,815 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $171,815 |
| Paid-in or capital surplus, or land, building, or equipment fund | $2,270,000 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,441,815 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bradford Public Library has recieved totaling $63.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Endowment Analysis
| Beg. Balance | $153,416 |
| Net Contributions | $4,053 |
| Ending Balance | $157,469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Publishers International Linking Association Inc Lynnfield, MA | $16,437,833 | $11,352,834 |
Springfield Museums Corporation Springfield, MA | $83,263,430 | $9,886,411 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
American Antiquarian Society Worcester, MA | $122,268,688 | $9,559,298 |
John Fitzgerald Kennedy Library Foundation Incorporated Boston, MA | $64,242,661 | $9,493,249 |
Emma S Clark Memorial Library Association Setauket, NY | $12,307,300 | $6,439,716 |
Proprietors Of The Social Law Library Boston, MA | $11,132,474 | $6,079,847 |
New City Library New City, NY | $17,574,056 | $6,151,626 |
Ramapo Catskill Library System Middletown, NY | $7,241,710 | $5,453,407 |
Rogers Memorial Library Co Southampton, NY | $10,096,984 | $4,883,098 |