Newberry Library

Organization Overview

Newberry Library, operating under the name The Newberry, is located in Chicago, IL. The organization was established in 1939. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2022, Newberry employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newberry 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 06/2022, Newberry generated $14.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $13.7m during the year ending 06/2022. While expenses have increased by 3.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE NEWBERRY LIBRARY - FREE AND OPEN TO THE PUBLIC - FOSTERS A DEEPER UNDERSTANDING OF OUR WORLD BY INSPIRING RESEARCH AND LEARNING IN THE HUMANITIES AND ENCOURAGING CONVERSATIONS ABOUT IDEAS THAT MATTER TO DIVERSE AUDIENCES. OUR MISSION IS ROOTED IN A GROWING AND ACCESSIBLE COLLECTION OF RARE AND HISTORICAL MATERIALS THAT SPANS MORE THAN SIX CENTURIES OF HUMAN EXPERIENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR DEDICATED LIBRARIANS, CURATORS, CATALOGERS, AND CONSERVATORS REMAINED TIRELESS IN THEIR WORK TO SERVE READERS, GROW AND CARE FOR THE COLLECTION, AND EXPAND ACCESS TO DIGITAL TOOLS.ITEMS CATALOGED: 4,051ITEMS TREATED BY CONSERVATION: 1,278INDIVIDUALS REGISTERED AS NEW NEWBERRY READERS: 2,685ITEMS REQUESTED FOR USE IN READING ROOMS: 11,5902,612 UNIQUE READER VISITS TO READING ROOMS: 6,539 TOTAL VISITSREFERENCE REQUESTS FIELDED BY NEWBERRY LIBRARIANS AND CURATORS: 8,188EXHIBITIONS, PUBLIC PROGRAMS, AND ADULT EDUCATION CLASSES ARE A FIRST POINT OF CONTACT FOR MANY PEOPLE WHO ENGAGE WITH OUR COMMUNITY. THIS YEAR, WE RESUMED IN-PERSON PROGRAMMING, WHILE CONTINUING TO OFFER VIRTUAL AND HYBRID PROGRAMMING.ADULT EDUCATION SEMINARS PARTICIPANTS: 2,011 (93% VIRTUAL AND 7% IN PERSON)PUBLIC PROGRAMS ATTENDEES: 5,561 (63% VIRTUAL AND 37% IN PERSON)EXHIBITION HALL VISITORS: 21,471SOCIAL MEDIA PLATFORM FOLLOWERS: 76,951DIGITAL COLLECTIONS FOR CLASSROOM SITE USERS: 39,000PROFESSIONAL DEVELOPMENT SEMINARS EDUCATOR ATTENDEES: 547LONG-TERM FELLOWS IN RESIDENCE: 15SHORT-TERM FELLOWS IN RESIDENCE: 37ATTENDEES AT SCHOLARLY SEMINARS: 1,268


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Abm Janitorial Services
Janitorial
$219,271
Securitas Security Services
Security
$229,446
National Restoration Services
Masonry Facade Repairs
$134,523
Mesirow Insurance Services
Insurance
$133,358
Orange Logic
Cortex Software License Fee
$115,145
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$415,022
Fundraising events$240,300
Related organizations$0
Government grants $3,397,334
All other contributions, gifts, grants, and similar amounts not included above$6,308,812
Noncash contributions included in lines 1a–1f $1,304,196
Total Revenue from Contributions, Gifts, Grants & Similar$10,361,468
Total Program Service Revenue$1,045,905
Investment income $1,888,286
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $671,913
Net Income from Fundraising Events $304,639
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,465,930

Grants Recieved

Over the last fiscal year, we have identified 66 grants that Newberry Library has recieved totaling $3,169,118.

Awarding OrganizationAmount
Harold B Smith Foundation

Chicago, IL

PURPOSE: PRESIDENT'S DISCRETIONARY FUND

$1,000,631
Harold B Smith Foundation

Chicago, IL

PURPOSE: PRESIDENT'S DISCRETIONARY FUND

$812,223
Roy And Irene Rettinger Foundation

Po Box Chicago, IL

PURPOSE: GENERAL

$215,000
D And R Fund

Oak Lawn, IL

PURPOSE: CIVIC & SOCIAL

$200,000
John D & Catherine T Macarthur Foundation

Chicago, IL

PURPOSE: IN SUPPORT OF GENERAL OPERATIONS.

$85,000
John D & Catherine T Macarthur Foundation

Chicago, IL

PURPOSE: IN RENEWED SUPPORT OF GENERAL OPERATIONS.

$85,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$49,068,477
Earnings-$6,623,043
Net Contributions$78,911
Other Expense$1,168,035
Ending Balance$41,356,310

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