Stamford Library
- Assets
- $2.8m
- Revenue
- $196.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Stamford, NY
- Founding
- 09/1991
- Data as of
- 12/2022
- EIN
- 16-1059867
Organization Overview
Stamford Library is located in Stamford, NY. The organization was established in 1991. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2022, Stamford Library employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stamford 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, Stamford Library generated $196.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $178.2k during the year ending 12/2022. While expenses have increased by 9.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE BOOKS, PUBLICATIONS AND ELECTRONIC MATERIALS AVAILABLE TO THE PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE READING MATERIAL, ELECTRONIC, MAGAZINES TO THE PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Eklund Director | Officer | 36 | $42,231 |
Linda Stratigos Vice President | Officer | 3 | $0 |
Mildred Faulkner Treasurer | Officer | 2 | $0 |
Barbara Balliet Board President | Officer | 2 | $0 |
Ellen Thorn Secretary | Officer | 3 | $0 |
Lyle Chastaine Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $300 |
| Fundraising events | $0 |
| Related organizations | $1,429 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,134 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,863 |
| Total Program Service Revenue | $44,977 |
| Investment income | $69,166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,550 |
| Net Income from Fundraising Events | $8,035 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,595 |
| 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. | $41,849 |
| Compensation of current officers, directors, key employees. | $4,185 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,513 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,271 |
| Fees for services: Other | $567 |
| Advertising and promotion | $0 |
| Office expenses | $3,683 |
| Information technology | $9,153 |
| Royalties | $0 |
| Occupancy | $2,067 |
| Travel | $122 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $254 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $228 |
| Insurance | $3,996 |
| All other expenses | $0 |
| Total functional expenses | $178,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,000 |
| Savings and temporary cash investments | $58,389 |
| 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 | $132,392 |
| Investments—publicly traded securities | $2,584,494 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,809,275 |
| Accounts payable and accrued expenses | $2,927 |
| 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 | $2,927 |
| Net assets without donor restrictions | $2,758,326 |
| Net assets with donor restrictions | $48,022 |
| 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 | $2,809,275 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Stamford Library has recieved totaling $23,569.
| Awarding Organization | Amount |
|---|---|
Robinson Broadhurst Foundation Inc Stamford, NY PURPOSE: PROGRAMMING SUPPORT | $23,441 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $128 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Pierpont Morgan Library New York, NY | $416,332,166 | $59,153,120 |
Rochester Public Library Rochester, NY | $13,709,813 | $21,920,405 |
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Buffalo & Erie County Public Library Buffalo, NY | $4,920,940 | $11,835,935 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
Massachusetts Library System Inc Marlborough, MA | $7,404,141 | $11,793,761 |
Ferguson Library Stamford, CT | $21,910,876 | $11,228,846 |
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |