CANAJOHARIE LIBRARY & ART GALLERY

EIN: 141398373 501(c)(3)

CANAJOHARIE, NY

Total Revenue
$878,955
Total Expenses
$1,089,119
Total Assets
$13,537,722
Net Assets
$13,534,957
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Principal Officer
SUZAN FRIEDLANDER
Phone
5186732314
Tax Period
2023-01-01 to 2023-12-31

CANAJOHARIE LIBRARY & ART GALLERY, founded in 1972, is a small nonprofit that reported $879K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROMOTE AND CELEBRATE THE UNDERSTANDING AND ENJOYMENT OF THE ARTS AND HUMANITIES IN CANAJOHARIE, THE MOHAWK VALLEY, AND BEYOND AS WELL AS TO COLLECT, PRESERVE AND EXHIBIT AMERICAN ART AND MOHAWK VALLEY HISTORY. ADDITIONALLY, THE ORGANIZATION PROVIDES LITERARY SERVICES, ENTERTAINMENT, AND INFORMATION RESOURCES, AND PROMOTES THE ACTIVE USE OF THESE RESOURCES FOR RECREATION, EDUCATION, AND COMMUNITY ENGAGEMENT.

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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 $576,535
Program Service Revenue $55,942
Investment Income $246,478
Other Revenue $0
TOTAL REVENUE $878,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $383,736
Fundraising Expenses $6,085
Program Expenses $881,973
Other Expenses $705,383
TOTAL EXPENSES $1,089,119

Year-over-Year Comparison

2023 2022 Change
Revenue $878,955 $1,693,544 -0.5%
Expenses $1,089,119 $1,003,909 +0.1%
Net Income $-210,164 $689,635 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
22
Volunteers
10

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
6
$102,390
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES TALLENT PRESIDENT 1.00
Officer Director
$0 $0 $0
NATHAN FENNO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
WALLY HART SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERTA ROCAS TREASURER 1.00
Officer Director
$0 $0 $0
ERIN SALIE TRUSTEE 1.00
Director
$0 $0 $0
MARK DAVIDSON TRUSTEE 1.00
Director
$0 $0 $0
CHRIS DUNCAN TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH LIMONCELLI TRUSTEE 1.00
Director
$0 $0 $0
SHERYL NEAL TRUSTEE 1.00
Director
$0 $0 $0
ALAN BRUST TRUSTEE 1.00
Director
$0 $0 $0
SUZAN FRIEDLANDER EXECUTIVE DIRECTOR & CHIEF 40.00
Officer
$58,870 $0 $58,870
MARIA CANCRO LIBRARY DIRECTOR 40.00
Officer
$43,520 $0 $43,520
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 No data No data No data No data
2023 $878,955 $1,089,119 $13,537,722 $-210,164
2022 $1,693,544 $1,003,909 $13,158,010 $689,635
2021 $774,929 $970,193 $14,693,429 $-195,264
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