WILTON LIBRARY ASSOCIATION INC

EIN: 060662194 501(c)(3) Education

WILTON, CT

Total Revenue
$4,156,880
Total Expenses
$4,238,249
Total Assets
$11,764,971
Net Assets
$11,715,852
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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
CT
Principal Officer
CAROLINE MANDLER
Phone
2037623950
Tax Period
2024-07-01 to 2025-06-30

WILTON LIBRARY ASSOCIATION INC, founded in 1916, is a community nonprofit in the Education sector that reported $4.2M in total revenue in fiscal year 2024. Net assets of $11.7M represent 34 months of operating reserves.

Mission

TO PROVIDE A LIFETIME OF DISCOVERY AT THE HEART OF THE COMMUNITY, MEETING THE NEEDS OF THOSE WE SERVE BY INFORMING AND INSPIRING MINDS, AND ENRICHING AND CONNECTING LIVES. THE ORGANIZATION PROVIDES RELEVANT AND HIGH-QUALITY COLLECTIONS, PROGRAMS, AND SERVICES TO THOSE WHO LIVE AND WORK IN WILTON, SERVING AS THE TOWN'S CULTURAL AND LIFELONG LEARNING CENTER. AS A PRIVATE ENTITY SERVING THE PUBLIC GOOD, THE LIBRARY ASSOCIATION LEVERAGES PUBLIC SUPPORT WITH INDIVIDUAL, CORPORATE, AND FOUNDATION FUNDING IN PURSUIT OF ITS GOALS.

Program Service Accomplishments

Program 1
Expenses: $3,413,377 Revenue: $131,376

WILTON LIBRARY ("LIBRARY") HAS SERVED AS THE PRINCIPAL PUBLIC LIBRARY FOR THE TOWN SINCE 1895. THE LIBRARY AND ITS CONTENTS ARE OWNED BY WILTON LIBRARY ASSOCIATION, INC., WHICH IS GOVERNED BY A BOARD...

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WILTON LIBRARY ("LIBRARY") HAS SERVED AS THE PRINCIPAL PUBLIC LIBRARY FOR THE TOWN SINCE 1895. THE LIBRARY AND ITS CONTENTS ARE OWNED BY WILTON LIBRARY ASSOCIATION, INC., WHICH IS GOVERNED BY A BOARD OF TRUSTEES OF 20-24 MEMBERS. APPROXIMATELY THREE QUARTERS OF THE TRUSTEES ARE ELECTED DIRECTLY BY THE MEMBERS OF THE ASSOCIATION AND UP TO ONE QUARTER ARE NOMINATED BY THE BOARD OF SELECTMEN PRIOR TO THEIR ELECTION BY ASSOCIATION MEMBERS. SINCE 1919, THE LIBRARY HAS RECEIVED PARTIAL FUNDING FROM THE TOWN. CURRENTLY APPROXIMATELY 75% OF THE ANNUAL BUDGET IS FUNDED BY AN APPROPRIATION FROM THE TOWN'S GENERAL FUND. THE BOARD CARRIES OUT AN ANNUAL APPEAL CAMPAIGN FOR THE PURCHASE OF ALL LIBRARY COLLECTION MATERIALS. THE REMAINDER OF OPERATING COSTS AND SOME MAJOR CAPITAL EXPENDITURES ARE FUNDED BY THE ASSOCIATION THROUGH FUND RAISING EVENTS, SPONSORSHIPS, GRANTS AND FEES. NINETY PERCENT OF THE CONSTRUCTION COST OF THE LIBRARY BUILDING, IN 1973, CAME FROM PRIVATE DONATIONS. THE BALANCE WAS PAID FOR WITH FEDERAL REVENUE SHARING FUNDS. IN RESPONSE TO GROWING USE OF ITS FACILITY AND SERVICES, THE LIBRARY COMPLETED AN $11.4 MILLION EXPANSION AND RENOVATION IN MARCH 2006. FUNDING FOR THE PROJECT INCLUDED $4.8 MILLION FROM BONDING AUTHORIZED BY THE TOWN MEETING IN MAY 2003. ADDITIONAL FUNDS CAME FROM THE STATE OF CONNECTICUT IN THE AMOUNT OF $500,000, PRIVATE DONATIONS IN THE AMOUNT OF $6.1 MILLION, AND PLEDGE PAYMENTS OF $6,065,400 NOT INCLUDING THE GRANT. A PURCHASE OF ADJACENT PROPERTY IN 1996 ENABLED THE EXPANSION TO BE LOGISTICALLY FEASIBLE. IT WAS FINANCED WITH $305,000 OF TOWN BONDS. THE LIBRARY HAS REIMBURSED THE TOWN FOR THIS DEBT SERVICE. THE LIBRARY IS LOCATED IN THE HEART OF WILTON CENTER. CURRENTLY, 789,399 PRINT AND AUDIOVISUAL RESOURCES, ELECTRONIC DATABASES, PRINT AND ONLINE MAGAZINES, NEWSPAPERS, DVDS, VIDEOS, MUSIC CDS, PUZZLES AND OTHER ITEMS COMPRISE ITS LENDING COLLECTIONS. ADDITIONALLY, THE LIBRARY OFFERS A COLLECTION OF DOWNLOADABLE E-BOOKS, AUDIOBOOKS, MAGAZINES, TUTORIALS, STREAMING MUSIC, AND STREAMING MOVIES. THE LIBRARY WAS VISITED BY 229,644 PEOPLE TO USE MATERIALS AND COMPUTERS OR ATTEND PROGRAMS FROM JULY 2024 THROUGH JUNE 2025. OVER THE SAME PERIOD, THERE WERE 54,312 VISITS TO THE LIBRARY'S WEBSITE, WHICH INCLUDED LOCATING, RESERVING, AND RENEWING ITEMS, DOWNLOADING AND STREAMING MUSIC AND LITERATURE, USING ELECTRONIC DATABASES AND OTHER ELECTRONIC RESOURCES, AND INTERACTING WITH ITS REFERENCE STAFF. THERE WERE 989 PROGRAMS ATTENDED BY 38,741 ADULTS, TEENS, AND CHILDREN. THESE PROGRAMS INCLUDED CONCERTS, LECTURES, TRAINING PROGRAMS, LITERARY DISCUSSIONS, STORY TIMES IN-PERSON, AS WELL AS VIA ZOOM AND YOUTUBE LIVE. PATRONS ALSO ATTENDED MAKERS' WORKSHOPS IN THE INNOVATION STATION, WHICH OFFERED 3D PRINTING, ROBOTICS, AND OTHER STEAM RELATED INITIATIVES.IN JUNE 2025, WILTON LIBRARY UNVEILED A NEW AND SIGNIFICANT PARTNERSHIP WITH ASML. AN EXPANSION OF THEIR GENEROUS SUPPORT OF THE LIBRARY OVER THE PAST SEVERAL YEARS, ASML'S PARTNERSHIP WILL NOW PROVIDE BOTH MULTI-YEAR FUNDING AS WELL AS VOLUNTEER SUPPORT FOR A VARIETY OF INITIATIVES THAT WILL ENHANCE WILTON LIBRARY'S ABILITY TO SERVE AS WILTON'S CULTURAL AND INTELLECTUAL CENTER. THE TOTAL AMOUNT OF THE GRANT IS APPROXIMATELY $810,000 OVER THREE YEARS. KEY INITIATIVES OF THE PARTNERSHIP INCLUDE FUNDING FOR AN ANNUAL JAZZ FESTIVAL, AN ASML AUTHOR SERIES, A NEW MONTHLY CHILDREN'S MUSIC PROGRAM, THE ADDITION OF A BLOOMBERG TERMINAL, A DIGITAL NAVIGATORS PROGRAM OFFERING ONE-ON-ONE TECH ASSISTANCE, ADDITIONAL FUNDING FOR THE LIBRARY'S ROBOTICS TEAM AND STAFF DEVELOPMENT, AND A VARIETY OF TECHNOLOGY ENHANCEMENTS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,800,569
Program Service Revenue $13,600
Investment Income $263,223
Other Revenue $79,488
TOTAL REVENUE $4,156,880

Expense Breakdown

Grants Paid $395
Salaries & Benefits $2,743,505
Fundraising Expenses $258,628
Program Expenses $3,413,377
Other Expenses $1,494,349
TOTAL EXPENSES $4,238,249

Year-over-Year Comparison

2024 2023 Change
Revenue $4,156,880 $4,014,354 +0.0%
Expenses $4,238,249 $4,008,852 +0.1%
Net Income $-81,369 $5,502 -15.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
47
Volunteers
201

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
5
$187,757
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL JOHNSON PRESIDENT 2.00
Officer Director
$0 $0 $0
MARTY AVALLONE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BETSY HUFFMAN SECRETARY 2.00
Officer Director
$0 $0 $0
PENNY MAXWELL TREASURER 2.00
Officer Director
$0 $0 $0
LIANNE GRISWOLD ACOSTA-RUA TRUSTEE 1.00
Director
$0 $0 $0
DANIEL DARST TRUSTEE 1.00
Director
$0 $0 $0
ROBERTO DE FEO TRUSTEE 1.00
Director
$0 $0 $0
TIM FLANAGAN TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW GREENE TRUSTEE 1.00
Director
$0 $0 $0
STEPHANIE JOHNS-CLARK TRUSTEE 1.00
Director
$0 $0 $0
MARK KADUBOSKI TRUSTEE 1.00
Director
$0 $0 $0
JUNG SOO KIM TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER LONGMIRE TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH MAGNANO TRUSTEE 1.00
Director
$0 $0 $0
ANDREW PURCELL TRUSTEE 1.00
Director
$0 $0 $0
SARA SCLAFANI TRUSTEE 1.00
Director
$0 $0 $0
SANDY STEIN TRUSTEE 1.00
Director
$0 $0 $0
DAVID TATKOW TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE WACHTER TRUSTEE 1.00
Director
$0 $0 $0
SARA ZAWOISKI TRUSTEE 1.00
Director
$0 $0 $0
CAROLINE MANDLER EXECUTIVE DIRECTOR 35.00
Officer
$146,132 $41,625 $187,757
LAUREN MCLAUGHLIN ASSISTANT DIRECTOR 35.00
Highest
$133,649 $27,299 $160,948
MICHAEL BELLACOSA HEAD OF ADULT PROGRAMMING 35.00
Highest
$103,239 $51,593 $154,832
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
2025 $4,156,880 $4,238,249 $11,764,971 $-81,369
2024 $4,014,354 $4,008,852 $11,729,832 $5,502
2023 $3,972,452 $3,921,468 $11,496,294 $50,984
2022 $3,701,367 $3,615,899 $11,356,788 $85,468
2021 $3,877,497 $3,451,328 $11,574,928 $426,169
2020 $3,809,990 $3,683,862 $11,243,276 $126,128
2019 $4,281,607 $3,833,681 $10,731,275 $447,926
2018 $3,582,528 $3,773,689 $10,265,958 $-191,161
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