The Community Library Association Inc

EIN: 820290944 501(c)(3) Education

Ketchum, ID

Total Revenue
$5,396,058
Total Expenses
$5,207,998
Total Assets
$29,522,521
Net Assets
$26,103,072
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
ID
Principal Officer
Mike Wade
Phone
2087263493
Tax Period
2023-07-01 to 2024-06-30

The Community Library Association Inc, founded in 1955, is a community nonprofit in the Education sector that reported $5.4M in total revenue in fiscal year 2023. Expenses of $5.2M left a modest 3% surplus.

Mission

To bring information, ideas, and individuals together to enhance the cultural life of the community. The Community Library Association is a privately funded, privately-governed, publicly-minded cultural institution including a library, a museum, and the Hemingway House and Preserve. The overarching priorities of The Community Library Association are to promote literacy, encourage community conversations, provide contemplative space, foster creativity and deepen a sense of place in central Idaho.

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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 $4,937,159
Program Service Revenue $11,011
Investment Income $273,111
Other Revenue $174,777
TOTAL REVENUE $5,396,058

Expense Breakdown

Grants Paid $50,500
Salaries & Benefits $2,706,645
Fundraising Expenses $1,540,453
Program Expenses $2,744,762
Other Expenses $2,450,853
TOTAL EXPENSES $5,207,998

Year-over-Year Comparison

2023 2022 Change
Revenue $5,396,058 $5,063,568 +0.1%
Expenses $5,207,998 $4,588,761 +0.1%
Net Income $188,060 $474,807 -0.6%
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
15
Independent Members
15
Employees
73
Volunteers
74

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
$195,858
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Wade Chair 3.00
Officer Director
$0 $0 $0
Donna Delahorne Chair (thru Dec 2023) 3.00
Officer Director
$0 $0 $0
Julie Weston Vice Chair/Regional History Chair 2.00
Officer Director
$0 $0 $0
Lisa Briggs Whorton Secretary 1.50
Officer Director
$0 $0 $0
Tom Benson Treasurer 2.00
Officer Director
$0 $0 $0
Joanne Hogue Trustee Emeritus 0.50
Director
$0 $0 $0
Joe Gunderson Trustee 1.00
Director
$0 $0 $0
Carmen Ward Trustee 1.00
Director
$0 $0 $0
Christiane Turner Trustee/Development Chair 1.50
Director
$0 $0 $0
Ellen Nasi Trustee 1.00
Director
$0 $0 $0
Ann Adamson Leonardo Trustee 1.00
Director
$0 $0 $0
James Snyder Trustee 1.00
Director
$0 $0 $0
Hank Dart Trustee 1.00
Director
$0 $0 $0
Lynn Kaplan Trustee 1.00
Director
$0 $0 $0
Marlene Klingenfuss Trustee 1.00
Director
$0 $0 $0
Jason McIlhaney Trustee 1.00
Director
$0 $0 $0
Jenny Emery Davidson Executive Director 40.00
Officer
$157,462 $38,396 $195,858
Carter Hedberg Director of Philanthropy 40.00
Highest
$105,295 $17,635 $122,930
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 No data No data No data No data
2024 $5,396,058 $5,207,998 $29,522,521 $188,060
2023 $5,063,568 $4,588,761 $28,732,293 $474,807
2022 $4,468,077 $4,131,123 $24,030,804 $336,954
2021 $4,299,343 $3,551,559 $25,983,733 $747,784
2020 $4,516,216 $3,373,502 $24,762,679 $1,142,714
2019 $6,882,379 $3,070,334 $22,746,063 $3,812,045
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