Colorado Library Consortium
- Assets
- $4.8m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 18
- Location
- Centennial, CO
- Founding
- 07/1976
- Data as of
- 06/2023
- EIN
- 84-0691967
Organization Overview
Colorado Library Consortium is located in Centennial, CO. The organization was established in 1976. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2023, Colorado Library Consortium employed 18 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Colorado Library Consortium 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 06/2023, Colorado Library Consortium generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $5.7m during the year ending 06/2023. While expenses have increased by 10.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTING, ENERGIZING, AND INSPIRING SERVICES FOR LIBRARIES THROUGHOUT COLORADO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SERVICES TO MEMBER LIBRARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Duncan Executive Di | 40 | $128,885 | |
Shara Berghuis Treasurer | OfficerTrustee | 2 | $0 |
Terri Brungardt Secretary | OfficerTrustee | 2 | $0 |
Nicolle Davis Ex Officio | Trustee | 2 | $0 |
Dustin Fife Vice Chair | OfficerTrustee | 2 | $0 |
Rhonda Gonzales Manzanares Board Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Western Peaks Logistics Transportation | 6/29/23 | $1,032,246 |
Digital Divide Data Ventures Prof Svc | 6/29/23 | $397,010 |
Oclc Prof Svc | 6/29/23 | $274,469 |
Dba Capstone Prof Svc | 6/29/23 | $199,732 |
Proquest Prof Svc | 6/29/23 | $102,187 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000,000 |
| Total Program Service Revenue | $4,720,767 |
| Investment income | $81,086 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,819,287 |
| 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 | $694,057 |
| Pension plan accruals and contributions | $153,748 |
| Other employee benefits | $59,447 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,019 |
| Office expenses | $34,696 |
| Information technology | $21,166 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,635 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,900 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,608 |
| Insurance | $10,525 |
| All other expenses | $105,047 |
| Total functional expenses | $5,714,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,190,856 |
| Savings and temporary cash investments | $1,879,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,057 |
| 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 | $8,829 |
| Net Land, buildings, and equipment | $69,847 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $567,634 |
| Total assets | $4,767,728 |
| Accounts payable and accrued expenses | $88,000 |
| Grants payable | $0 |
| Deferred revenue | $247,309 |
| 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 | $2,430,778 |
| Total liabilities | $2,766,087 |
| Net assets without donor restrictions | $0 |
| 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 | $2,001,641 |
| Total liabilities and net assets/fund balances | $4,767,728 |