Lyme Free Library
- Assets
- $465.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chaumont, NY
- Founding
- 03/1954
- Data as of
- 12/2022
- EIN
- 15-0561710
Organization Overview
Lyme Free Library is located in Chaumont, NY. The organization was established in 1954. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyme 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 12/2022, Lyme Free Library generated $162.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $127.2k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE LIBRARY SERVES A RURAL COMMUNITY WITH ADULT AND CHILD SERVICES. THESE INCLUDE STORYTIME, SUMMER READING PROGRAM BOOK CLUB AND INTERNET ACCESS. TOTAL BORROWERS 1877
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judi Bates Treasurer | 0.5 | $0 | |
Melissa Koffs Vice President | 0.5 | $0 | |
Douglas Warneck President | 0.5 | $0 | |
John Rusho Trustee | 0 | $0 | |
Susan Tontarski Trustee | 0 | $0 | |
Barbara Peck Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,964 |
| Total Program Service Revenue | $5,916 |
| Membership dues | $0 |
| Investment income | $108 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,732 |
| Other Revenue | $0 |
| Total Revenue | $162,720 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,749 |
| Professional fees and other payments to independent contractors | $1,075 |
| Occupancy, rent, utilities, and maintenance | $21,256 |
| Printing, publications, postage, and shipping | $578 |
| Other expenses | $38,570 |
| Total expenses | $127,228 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,362 |
| Other assets | $0 |
| Total assets | $465,592 |
| Total liabilities | $0 |
| Net assets or fund balances | $465,592 |