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The New Canaan Library Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060646764 ✦ New canaan, CT ✦ Designated as a 501(c)(3)

Overview

What is The New Canaan Library Inc?

The New Canaan Library Inc, situated in New Canaan, Connecticut, serves as a vital hub for lifelong learning within its community. Its extensive collections of print and digital content cater to diverse interests, fostering both casual and in-depth explorations of ideas and concepts. The library's offerings include a vast array of subscription research databases, museum passes, and an array of audio-visual items. A dedicated team meticulously manages these collections, ensuring their freshness and responsiveness to the community's needs. The library's digital content offerings are extensive, with direct purchases and access to numerous subscription platforms, providing a wide range of e-content. Despite challenges in 2023, the library's print circulation saw only a minimal decrease, and since reopening in a new facility, circulation rates have significantly increased. The library's mission is to remain an essential place for learning, culture, and connection for everyone in the community.


Official website here: www.newcanaanlibrary.org

Is The New Canaan Library Inc legitimate?

The New Canaan Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Canaan Library Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $506,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,603,807

For more financial information, click here


Official website here: www.newcanaanlibrary.org

What is the mission statement of The New Canaan Library Inc?

The New Canaan Library Inc's mission is centered around being an essential platform for lifelong learning, culture, and connection for everyone in the community. Their collections, including print, digital content, and subscriptions, reflect and anticipate community interests, supporting self-directed learning, cultural appreciation, and recreational experiences. The library's team actively manages these collections to ensure they remain fresh and meet the needs of readers and learners. They also offer readers' advisory services and maintain equitable access to all through inclusive policies. Despite temporary challenges due to construction and closure in 2023, the library saw a minimal decrease in print circulation and a significant rise in circulation post-reopening.


Official website here: www.newcanaanlibrary.org

Who is the CEO of The New Canaan Library Inc?

Robert Lowe is the Trustee of The New Canaan Library Inc. The CEO's salary of The New Canaan Library Inc is $159,546 and their total compensation is $159,546.


Official website here: www.newcanaanlibrary.org

What is the revenue of The New Canaan Library Inc?

The New Canaan Library Inc's revenue in 2023 was $10,132,358.


Official website here: www.newcanaanlibrary.org

Who are the executives of The New Canaan Library Inc and what are their salaries?

The average compensation at The New Canaan Library Inc during 2023 was $50,234. There are 42 employees and 174 volunteers at The New Canaan Library Inc.

Here are 27 key members and their salaries (The New Canaan Library Inc's CEO's salary is $159,546 and their total compensation is $159,546):

    Lisa A Oldham (Executive Director)
  • Compensation: $205,654
  • Related: $0
  • Other: $0

    • Ellen Crovatto (Ceo - Capital Campaign)
  • Compensation: $159,546
  • Related: $0
  • Other: $0

    • Cheryl Capitani (Assistant Director)
  • Compensation: $134,212
  • Related: $0
  • Other: $0

    • Reed Collyer (Finance)
  • Compensation: $102,041
  • Related: $0
  • Other: $0

    • Alicia Wyckoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Tseng (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Seaver (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher B O'Connor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crawford Hamilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Rucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah S Gordon (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Ormond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen S Thomas (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fatou Niang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary D Engle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Hobbs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Barry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maya Rao (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Ziesing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Diehl Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert E Butman (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Lowe (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah O'Herron Casey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Joyce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Teles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Merwin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newcanaanlibrary.org

    Where can I find the form 990 for The New Canaan Library Inc?

    The The New Canaan Library Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.newcanaanlibrary.org

    Learn more at the official website: www.newcanaanlibrary.org

    Mission Statement of The New Canaan Library Inc

    The New Canaan Library Inc is dedicated to serving as an essential platform for lifelong learning, culture, and connection within its community. The organization's mission is to provide an extensive collection of print and digital content, including a variety of subscription research databases and museum passes. This diverse and inclusive library collection caters to the interests of its community, enabling both casual and in-depth explorations of various ideas and concepts.

    The professional team managing the collections ensures their freshness and relevance, while maintaining and swiftly returning materials to the shelves for maximum community enjoyment. The library offers readers' advisory services to individuals and groups, supporting self-directed learning, cultural appreciation, and recreational experiences. In line with its values, the library strives for equitable access to all, with its lending and other policies designed to promote inclusivity.

    The library's customer service team facilitates access to these resources, ensuring that materials are well-maintained and readily available. The current print collection includes over 38,000 books for adults, 35,000 for children, and 6,700 for teens. The audio-visual collection contains 7,600 items for adults and teens, and 2,500 items for children. To provide digital content, the library directly purchases and makes available over 15,000 ebook and audiobook titles, while also offering free access to a vast amount of digital content through several pay-per-use subscription platforms. These platforms offer a wide range of e-content, such as books, magazines, and streaming media, which continually grow and evolve. Despite facing challenges in 2023 due to construction and closure, the library saw only a modest decrease in print circulation and has since seen a significant increase in circulation since reopening.

    Impact

    This information is meant to be a general summary of The New Canaan Library Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The New Canaan Library Inc serves as an essential hub for lifelong learning, culture, and connection in the New Canaan community. With a vast collection of print and digital content, the library provides resources that reflect and anticipate the interests of the community, allowing for self-directed learning, cultural appreciation, and recreational experiences. The library's professional team actively manages the collections to ensure they meet the needs of readers and learners, offering a diverse and inclusive range of materials.

    Despite facing challenges such as limited access during construction and closures, the library has maintained strong engagement with its collections and services. The library saw only a 5.67% decrease in print circulation during a difficult year, and since reopening in a new facility, circulation has risen significantly. This indicates a positive impact on the community, continuing to provide valuable resources for learning and enrichment.

    Overall, The New Canaan Library Inc's dedication to providing equitable access to diverse collections and fostering a culture of learning and connection demonstrates a significant impact on the community's education and cultural enrichment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $89,512
  • Program Service Revenue: $166,887
  • Gross Receipts: $12,267,680

    • Assets and Liabilities:
  • Total Assets: $50,171,942
  • Total Liabilities: $2,629,629
  • Net Assets: $47,542,313
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PERPETUAL TRUST INCOME

    Revenue

    $155,571

    FINES AND CHARGES

    Revenue

    $7,230

    COPIER INCOME

    Revenue

    $4,086

    Organization Details

    Founding Year

    1877

    Principal Officer

    Robert Lowe

    Main Address

    151 MAIN STREET, NEW CANAAN, CT, 06840

    NTEE Category

    Code: B700 - Education

    If you are a representative of The New Canaan Library Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.