YOUNG MEN'S INSTITUTE LIBRARY

EIN: 060646756 501(c)(3)

NEW HAVEN, CT

Total Revenue
$355,680
Total Expenses
$189,756
Total Assets
$1,441,095
Net Assets
$1,434,397
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
CT
Principal Officer
MARYANN OTT
Phone
2035624045
Tax Period
2023-10-01 to 2024-09-30

YOUNG MEN'S INSTITUTE LIBRARY, founded in 1950, is a small nonprofit that reported $356K in total revenue in fiscal year 2023. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 47% operating margin.

Mission

THE YOUNG MEN'S INSTITUTE SEEKS TO PROVIDE LIBARY SERVICES TO ITS MEMBERS AND THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $264,791
Program Service Revenue $6,315
Investment Income $10,868
Other Revenue $73,706
TOTAL REVENUE $355,680

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,801
Fundraising Expenses $1,012
Program Expenses $161,301
Other Expenses $118,955
TOTAL EXPENSES $189,756

Year-over-Year Comparison

2023 2022 Change
Revenue $355,680 $174,567 +1.0%
Expenses $189,756 $218,766 -0.1%
Net Income $165,924 $-44,199 -4.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
3
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
14
$21,560
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENNETT LOVETT-GRAFF BOARD MEMBER 3.00
Director
$0 $0 $0
LAURA BOYER BUILDING COMMITTEE CHAIR 1.00
Director
$0 $0 $0
ANDREW DRABKIN BOARD MEMBER 0.50
Director
$0 $0 $0
JARED CLARK BOARD MEMBER 0.50
Director
$0 $0 $0
JOSHUA MAMIS BOARD MEMBER 0.50
Director
$0 $0 $0
MARYANN OTT BOARD CHAIR 6.00
Officer Director
$0 $0 $0
EILEEN MYDOSH BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH ROSNER BOARD TREASURER 1.00
Officer Director
$0 $0 $0
SCOTT SCHUDT BOARD MEMBER 1.50
Director
$0 $0 $0
JANICE SWIATEK EXECUTIVE DIRECTOR 23.00
Director
$21,560 $0 $21,560
THOMAS CAVALIERE BOARD MEMBER 0.50
Director
$0 $0 $0
BENJAMIN WROBEL BOARD MEMBER 0.50
Director
$0 $0 $0
JOSEPH BANKS BOARD MEMBER 0.50
Director
$0 $0 $0
MICHELLE COHEN BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $355,680 $189,756 $1,441,095 $165,924
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