Carnegie Library of Homestead

EIN: 250969452 501(c)(3)

Homestead, PA

Total Revenue
$3,971,627
Total Expenses
$1,754,678
Total Assets
$13,766,241
Net Assets
$11,325,187
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Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
PA
Principal Officer
Alyson Fisher
Tax Period
2023-01-01 to 2023-12-31

Carnegie Library of Homestead, founded in 1915, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 56% operating margin.

Mission

The Carnegie Library of Homesteads mission is to provide programs and facilities that enhance learning, wellness, and quality of life within and outside of the Steel Valley. Today, we serve over 17,000 residents of Munhall, Homestead, West Homestead, and Whitaker;

Program Service Accomplishments

Program 1
Expenses: $673,711 Revenue: $8,900

The Library holds over 37,500 volumes and resources in circulation, with 3,000,000 county-wide items in collection (books, audiobooks, and DVDs). In 2019, the Library had nearly 7,000 cardholders...

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The Library holds over 37,500 volumes and resources in circulation, with 3,000,000 county-wide items in collection (books, audiobooks, and DVDs). In 2019, the Library had nearly 7,000 cardholders (35% of our residents) and 230,000 visits (750 per day). Our 30 computers provided nearly 32,239 sessions to the general public, including disadvantaged individuals who cannot afford home computers and online services. Last year, the library held 1,236 learning programs attended by 18,387 people of all ages. On any given day, a variety of activities are happening, including toddler and children story time; arts and crafts; science and art classes for homeschooled children and their parents; literacy outreach & book distribution to 30+ local preschools and daycare centers; homework assistance for teens with access to laptops and iPads with college-level computer programs; STEAM (Science, Technology, Arts, Math) workshops including robotics in the Makerspace classroom; book clubs for teens through seniors; knitting classes; crafting workshops for adults; and cultural programs such as Russian language and psyanky egg decorating.

Program 2
Expenses: $409,024 Revenue: $140,131

The Athletic Club enrolls 1,130 members yearly who pay affordable fees to attend classes in yoga, water aerobics, spinning, Tai Chi, and Zumba in our fitness studios; enjoy our heated indoor swimming...

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The Athletic Club enrolls 1,130 members yearly who pay affordable fees to attend classes in yoga, water aerobics, spinning, Tai Chi, and Zumba in our fitness studios; enjoy our heated indoor swimming pool and gymnasium with a walking track; and train for baseball/softball in our indoor batting cages. 200 youth participate in year-round sports lessons and 230 adults enjoy year-round basketball and volleyball leagues. 150 children and adults learned to swim, participated in aquatics exercise and scuba instruction classes. 550 seniors are active members of our Silver Sneakers/Silver and Fit exercise classes geared to older adults.

Program 3
Expenses: $385,318 Revenue: $550,617

The Music Hall seats 1,045 guests in an intimate 120 year-old venue that has changed very little from its original state. In 2019, 40,000 patrons traveled from Western Pennsylvania and across the...

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The Music Hall seats 1,045 guests in an intimate 120 year-old venue that has changed very little from its original state. In 2019, 40,000 patrons traveled from Western Pennsylvania and across the country to see nationally-known entertainers. Affordably priced tickets are available to enjoy popular artists such as American Idol, Little River Band, Boz Scaggs, Jeff Goldblum, and more. The Music Hall also uniquely serves also as a community house to local nonprofits, offering meeting space for civic engagement programs and services such as graduation commencement exercises, naturalization ceremonies, school band concerts, church plays, and local dance recitals. The music hall serves as a year-round economic driver for nearby restaurants, retail establishments, and hotels. For every 50 shows held, the Carnegie brings over $1,000,000 in revenue to the Waterfront and Eighth Avenue business districts. Space rentals and ticket sales provide revenue to support our facility and programs that serve our community.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,610,387
Program Service Revenue $935,901
Investment Income $156,915
Other Revenue $268,424
TOTAL REVENUE $3,971,627

Expense Breakdown

Grants Paid $0
Salaries & Benefits $803,521
Fundraising Expenses $0
Program Expenses $1,468,053
Other Expenses $951,157
TOTAL EXPENSES $1,754,678

Year-over-Year Comparison

2023 2022 Change
Revenue $3,971,627 $1,855,003 +1.1%
Expenses $1,754,678 $1,655,095 +0.1%
Net Income $2,216,949 $199,908 +10.1%
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
14
Independent Members
14
Employees
28
Volunteers
14

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
4
$0
Total Directors
14
$0
Key Employees
1
$111,624
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol Shrieve Eexcutive Director 40.00
Key Emp
$98,669 $12,955 $111,624
Amy Evancho Board Member 4.00
Director
$0 $0 $0
Brittany McDonald Board Member 4.00
Director
$0 $0 $0
Mark Balistrieri Board Member 4.00
Director
$0 $0 $0
Chris Kelly Board Member 4.00
Director
$0 $0 $0
Mercedes McFarland Board Member 4.00
Director
$0 $0 $0
Joe Leonello Board Member 4.00
Director
$0 $0 $0
Bethany Lang Board Member 4.00
Director
$0 $0 $0
Jeff Brahan Board Member 4.00
Director
$0 $0 $0
Andrea Harhai Board Member 4.00
Director
$0 $0 $0
Vanessa McCarthy-Johnson Board Member 4.00
Director
$0 $0 $0
Alyson Fisher President 4.00
Officer Director
$0 $0 $0
Teri Deal Secretary 4.00
Officer Director
$0 $0 $0
Lenny S Chan Vice President 4.00
Officer Director
$0 $0 $0
Mike Pearce Treasurer 4.00
Officer 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 No data No data No data No data
2023 $3,971,627 $1,754,678 $13,766,241 $2,216,949
2021 $2,340,576 $1,248,363 $12,556,995 $1,092,213
2020 $2,795,699 $1,061,133 $11,274,618 $1,734,566
2019 $3,283,215 $1,387,390 $6,556,384 $1,895,825
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