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 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

The Community Library brings information, ideas, and individuals together to enhance the cultural life of the community.

Program Service Accomplishments

Program 1
Expenses: $2,163,730

General circulation: The Community Library Association provides access to books and learning materials for anyone, for free. The circulating collection includes more than 80,000 physical items and...

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General circulation: The Community Library Association provides access to books and learning materials for anyone, for free. The circulating collection includes more than 80,000 physical items and also a wide range of digital resources, including online databases, platforms, and streaming services; 8,818 titles were added to the collection this fiscal year. In this fiscal year, more than 114,000 visitors (door count) came to The Community Library and/or used the bookmobile and/or used the digital branch (the website). More than 143,000 items were circulated.

Program 2
Expenses: $295,443 Revenue: $11,011

The Community Library provides free educational programs to both adults and children. The total number of programs presented is an average of 14 per week, across all departments. This is more than...

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The Community Library provides free educational programs to both adults and children. The total number of programs presented is an average of 14 per week, across all departments. This is more than 700 programs annually. These programs include lectures, author readings, school programs and field trips, story times, technology tutorials, a summer reading program, and community book clubs, as well as a 3-day reading summit for early literacy teachers. Many of these educational programs also are available virtually. More than 16,000 individuals (total program count) participated in free educational programming in this fiscal year.

Program 3
Expenses: $285,589

The Community Library serves as a regional history hub for Central Idaho. The Library's Jeanne Rodger Lane Center for Regional History houses a collection of more than 10,000 photographs, 500 oral...

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The Community Library serves as a regional history hub for Central Idaho. The Library's Jeanne Rodger Lane Center for Regional History houses a collection of more than 10,000 photographs, 500 oral histories, 2,000 books, and also maps, documents, three-dimensional objects, and ephemera. It includes a special Ernest Hemingway collection pertaining to the author's extensive time spent in the Sun Valley area. It also is responsible for the stewardship of the historic Ernest and Mary Hemingway House and Preserve. The Center for Regional History is used by professional and amateur scholars, students, and visitors to study the history of Ketchum and Sun Valley, and Central Idaho generally. (Continued on Schedule O)In July of 2023, we opened the Wood River Museum of History and Culture as the exhibit space for the Center for Regional History. It includes five exhibit galleries. In this fiscal year, more than 25,000 (door count) visitors came to the Museum.

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Trantor Score

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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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