Sayre Public Library
- Assets
- $2.1m
- Revenue
- $201.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Sayre, PA
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 23-1678624
Organization Overview
Sayre Public Library is located in Sayre, PA. The organization was established in 1985. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Sayre Public Library employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sayre Public 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 12/2021, Sayre Public Library generated $201.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $199.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LIBRARY SERVICES TO THE SAYRE PA LOCALE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LIBRARY SERVICES TO THE GENERAL PUBLIC AND IN PARTICULAR, THE PENN-YORK VALLEY COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Yanuzzi Treasurer | OfficerTrustee | 0.5 | $0 |
Kara Cochi Vice President | OfficerTrustee | 0.5 | $0 |
Robin Munn Secretary | OfficerTrustee | 0.5 | $0 |
Henry G Farley President | OfficerTrustee | 0.5 | $0 |
Maureen Beirne Director | Trustee | 0.5 | $0 |
Julia Newman Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,076 |
| Membership dues | $0 |
| Fundraising events | $9,136 |
| Related organizations | $0 |
| Government grants | $53,529 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,148 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,889 |
| Total Program Service Revenue | $2,912 |
| Investment income | $28,851 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,003 |
| Net Income from Fundraising Events | -$183 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,776 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,529 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,234 |
| Fees for services: Other | $3,021 |
| Advertising and promotion | $1,474 |
| Office expenses | $7,646 |
| Information technology | $2,138 |
| Royalties | $0 |
| Occupancy | $12,880 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $410 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,900 |
| Insurance | $4,531 |
| All other expenses | $109 |
| Total functional expenses | $199,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,871 |
| Savings and temporary cash investments | $549,489 |
| 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 | $256,794 |
| Investments—publicly traded securities | $1,322,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,137,147 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $2,137,147 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,137,147 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sayre Public Library has recieved totaling $154,610.
| Awarding Organization | Amount |
|---|---|
Alice Campbell Tr Ua Community Foundation Elmira, NY PURPOSE: RESIDUAL SHARE | $100,578 |
Sherman Harold Q Trust Under Will Wellsboro, PA PURPOSE: GENERALOPERATIONS | $45,032 |
United Way Of Bradford County Towanda, PA PURPOSE: CHARITY | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prince Georges County Memorial Library System Largo, MD | $19,703,287 | $35,335,320 |
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Public Library Association Of Annapolis And A A Co Inc Annapolis, MD | $38,305,116 | $29,732,836 |
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 |
Reuben Mcmillan Free Library Association Youngstown, OH | $89,698,038 | $21,065,303 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Greene County Public Library Xenia, OH | $9,776,484 | $13,108,130 |
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 |