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← PHILLIPS FREE LIBRARY

Form 990 for tax year 2023

Filed by PHILLIPS FREE LIBRARY.

Totals

Total revenue
$270,085
Total expenses
$280,469
Contributions and grants received
$239,454
Grants paid
$0
Program service revenue
$1,264
Investment income
$29,367
Other revenue
$0
Total assets, end of year
$4,086,755
Total liabilities, end of year
$3,825
Net assets or fund balances, end of year
$4,082,930
Program services expenses (Part IX)
$228,506
Management and general expenses
$51,963
Fundraising expenses
$0
Program service expenses (Part III)
$228,506

Program services were 81.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $239,454

  • 2a · Program service revenue: FINES COPIES LOST BOOKS

    total $1,264 · related or exempt $1,264

  • 3 · Investment income

    total $29,367 · related or exempt $29,367

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $59,580 · program services $44,685 · management and general $14,895

  • 7 · Other salaries and wages

    total $74,630 · program services $55,973 · management and general $18,657

  • 8 · Pension plan contributions

    total $3,254 · program services $2,441 · management and general $813

  • 9 · Other employee benefits

    total $2,255 · program services $1,691 · management and general $564

  • 10 · Payroll taxes

    total $11,527 · program services $8,645 · management and general $2,882

  • 11c · Fees: accounting

    total $5,000 · program services $3,750 · management and general $1,250

  • 12 · Advertising and promotion

    total $391 · program services $293 · management and general $98

  • 13 · Office expenses

    total $2,064 · program services $1,548 · management and general $516

  • 14 · Information technology

    total $9,473 · program services $7,105 · management and general $2,368

  • 16 · Occupancy

    total $30,495 · program services $22,871 · management and general $7,624

  • 22 · Depreciation, depletion and amortization

    total $34,586 · program services $34,586

  • 23 · Insurance

    total $6,127 · program services $4,595 · management and general $1,532

  • 24a · Other expenses: BOOKS AUDIO PERIODICALS

    total $33,895 · program services $33,895

  • 24b · Other expenses: PROGRAM EXPENSES

    total $4,134 · program services $4,134

  • 24c · Other expenses: LIBRARY SUPPLIES

    total $812 · program services $609 · management and general $203

  • 24d · Other expenses: TELEPHONE

    total $2,246 · program services $1,685 · management and general $561

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,993 · end of year $19,987

  • 2 · Savings and temporary cash investments

    beginning of year $190,366 · end of year $191,094

  • 10a · Land, buildings and equipment: cost or other basis

    $1,402,878

  • 10b · Land, buildings and equipment: accumulated depreciation

    $645,176

  • 10c · Land, buildings and equipment, net

    beginning of year $792,288 · end of year $757,702

  • 11 · Investments: publicly traded securities

    beginning of year $2,801,813 · end of year $3,117,972

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,516 · end of year $3,825

  • 27 · Net assets without donor restrictions

    beginning of year $3,799,944 · end of year $4,082,930

Mission and programs · 2023

Mission

THE LENDING OF READING MATERIALS AND OTHER ITEMS INCLUDED IN THE FINGER LAKES PUBLIC LIBRARY SYSTEM WHICH SERVICES THE LITERACY NEEDS OF THE HOMER NEW YORK AREA

  • THE LIBRARYS PRIMARY PURPOSE IS TO LEND BOOKS AND ALLOW COMPUTER ACCESS TO THE GENERAL PUBLIC FOR EDUCATION AND ENJOYMENT. IN 2008 AFTER SCHOOL PROGRAMS AND CLUBS WERE CREATED FOR CHILDREN, ADULTS AND TEENS. THE LIBRARY CONTINUED TO ADD TO THE BOOK COLLECTION TO PROVIDE INFORMATION EDUCATION AND ENTERTAINMENT TO OUR COMMUNITY. THE LIBRARY ALSO FORGED FURTHER ALLIANCES WITH THE SCHOOLS TO HELP COORDINATE LIBRARY PROGRAMS WITH THE SCHOOLS EDUCATIONAL MISSION. THE LIBRARY OFFERS SPECIAL READING ACTIVITIES FOR TARGETED GROUPS AS WELL AS BOOK DISCUSSION GROUPS TO PROMOTE LITERACY IN THE COMMUNITY.

    Expenses $228,506

As filed on the 2023 return.

Listed in Part VII

  • Jennifer Block

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kelley Nadge Brown

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Linda Robison

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Meghan Aagard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Shari Powers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Meghan Gilbert

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Zack Arthur

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Sarah Roller

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Bryn Carr

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Martsje Vanderschaaf-Riehlman

    LIBRARIAN

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v6.0
Source object
202531349349310513

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