Westchester Academic Library Directors Organization Inc
- Assets
- $54.3m
- Revenue
- $40.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Kisco, NY
- Founding
- 03/2001
- Data as of
- 07/2019
- EIN
- 13-3486730
Organization Overview
Westchester Academic Library Directors Organization Inc is located in Mount Kisco, NY. The organization was established in 2001. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 07/2019, Westchester Academic Library Directors Organization Inc generated $40.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $40.6m during the year ending 07/2019. While expenses have increased by 0.8% 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE WESTCHESTER ACADEMIC LIBRARY DIRECTORS ORGANIZATION PROVIDES MEMBERS WITH AN ONLINE SYSTEM FOR LIBRARY MANAGEMENT AND A VEHICLE FOR STUDENTS AND LIBRARIANS OF MEMBER ORGANIZATIONS TO ACCESS INTERNET RESOURCES AT DISCOUNT RATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONLINE SYSTEM FOR LIBRARY MANAGEMENT AND A VEHICLE FOR STUDENTS AND LIBRARIANS TO ACCESS INTERNET RESOURCES AT DISCOUNT RATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Palladino Treasurer | OfficerTrustee | 2 | $0 |
Maureen Clements Vice President | OfficerTrustee | 2 | $0 |
Ann Jusino Secretary | OfficerTrustee | 2 | $0 |
Nicholas Alongi President | OfficerTrustee | 2 | $0 |
Jeff Rosedale Member | Trustee | 2 | $0 |
Susanne Markgren Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $135,448 |
| 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 | $40,543,168 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,881,679 |
| Fees for services: Legal | $3,129 |
| Fees for services: Accounting | $27,800 |
| 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 | $14,249 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $40,640,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,708 |
| Savings and temporary cash investments | $6,021,722 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,787,393 |
| 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 | $29,373,434 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,613 |
| Total assets | $54,334,870 |
| Accounts payable and accrued expenses | $24,649,855 |
| Grants payable | $0 |
| Deferred revenue | $28,642,409 |
| 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 | $53,292,264 |
| Net assets without donor restrictions | $1,042,606 |
| 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 |
| Total liabilities and net assets/fund balances | $1,042,606 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $154,297,190 | $85,099,236 |
Shed Nyc Inc New York, NY | $625,242,260 | $101,081,298 |
Westchester Academic Library Directors Organization Inc Mount Kisco, NY | $54,334,870 | $40,543,168 |
Pro Publica Inc New York, NY | $51,252,809 | $39,246,884 |
Bethel Woods Center For The Arts Inc Liberty, NY | $24,237,659 | $22,619,653 |
Artsquest Bethlehem, PA | $37,587,610 | $20,443,629 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Institute Utica, NY | $158,105,602 | $21,787,469 |
Lincoln Park Performing Arts Center Midland, PA | $28,358,003 | $10,070,121 |
One Club For Creativity Inc New York, NY | $17,370,873 | $10,229,352 |
Worcester Center For Performing Arts Inc Worcester, MA | $5,017,613 | $8,461,284 |
Pioneer Works Art Foundation Brooklyn, NY | $9,810,347 | $14,225,980 |