Port Jefferson Free Library
- Assets
- $14.8m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 59
- Location
- Port Jefferson, NY
- Founding
- 12/1972
- Data as of
- 06/2024
- EIN
- 11-1672784
Organization Overview
Port Jefferson Free Library is located in Port Jefferson, NY. The organization was established in 1972. As of 06/2024, Port Jefferson Free Library employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Port Jefferson Free 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 06/2024, Port Jefferson Free Library generated $5.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $4.7m during the year ending 06/2024. While expenses have increased by 1.6% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LIBRARY SERVICES TO PORT JEFFERSON AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE PATRONS IN ALL ASPECTS OF EDUCATIONAL RESOURCES, SUCH AS LIBRARY BOOKS, RECORDS, COMPACT DISCS, VIDEOS AND COMPUTER SERVICES IN PORT JEFFERSON, MILLER PLACE AND MT. SINAI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Donlon Director | 35 | $127,489 | |
Nicole Connelly Secretary | OfficerTrustee | 5 | $0 |
Karyn Jensen Trustee | Trustee | 5 | $0 |
John Grossman President | OfficerTrustee | 5 | $0 |
Kristen Reilly Trustee | Trustee | 5 | $0 |
Christian Neubert Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,748,310 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,932 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,753,242 |
| Total Program Service Revenue | $62,883 |
| Investment income | $279,613 |
| 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 | $5,096,357 |
| 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. | $127,489 |
| Compensation of current officers, directors, key employees. | $127,489 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,121,573 |
| Pension plan accruals and contributions | $458,984 |
| Other employee benefits | $606,917 |
| Payroll taxes | $163,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,161 |
| Fees for services: Accounting | $29,557 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,176 |
| Advertising and promotion | $0 |
| Office expenses | $76,347 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $185,274 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $993 |
| Interest | $441 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,199 |
| Insurance | $31,413 |
| All other expenses | $19,422 |
| Total functional expenses | $4,705,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,024 |
| Savings and temporary cash investments | $9,678,621 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,570 |
| 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 | $62,072 |
| Net Land, buildings, and equipment | $3,354,548 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $11,699 |
| Other assets | $1,738,295 |
| Total assets | $14,847,829 |
| Accounts payable and accrued expenses | $778,029 |
| 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 | $8,330,431 |
| Total liabilities | $9,108,460 |
| Net assets without donor restrictions | $2,383,821 |
| Net assets with donor restrictions | $3,355,548 |
| 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 | $14,847,829 |