William H Bush Memorial Library is located in Martinsburg, NY. The organization was established in 1978. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William H Bush Memorial 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, William H Bush Memorial Library generated $382.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $157.1k during the year ending 12/2022. While expenses have increased by 4.1% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF A PUBLIC LIBRARY SERVING THE RESIDENTS OF A RURAL COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Mcardle President | 0 | $0 | |
Amy Beyer Vice Preside | 0 | $0 | |
Cheryl Kelly Secretary | 0 | $0 | |
Nelson Schwartzentruber Treasurer | 0 | $0 | |
Benjamen Manning Director | 0 | $0 | |
Daniel Jantzi Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $46,847 |
| Interest on Savings | $6 |
| Dividends & Interest | $97,995 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $236,918 |
| Capital Gain Net Income | $236,918 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $375 |
| Total Revenue | $382,141 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $53,723 |
| Pension plans, employee benefits | $3,953 |
| Interest | $0 |
| Taxes | $2,622 |
| Depreciation | $8,349 |
| Occupancy | $14,441 |
| Travel, conferences, and meetings | $3,218 |
| Printing and publications | $16,070 |
| Other expenses | $22,548 |
| Total operating and administrative expenses | $157,071 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $157,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,484 |
| Savings and temporary cash investments | $283,123 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $331,441 |
| Net Land, buildings, and equipment | $179,012 |
| Other assets | $0 |
| Total assets | $2,831,490 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |