Mark Skinner Library EIN 03-0184260 Form 990 (PDF) Claim this org

Mark Skinner Library FY2023 filing

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Provides library services and resources to all community members. For fiscal year 2023 it reported $967K in revenue, $1.1M in expenses, and $9.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Manchestr Ctr, VT
Website
mclvt.org
Filings
5 on file (2021–2023)
Revenue
$967KFY2023
Expenses
$1.1M
Net assets
$9.5M
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  03-0184260 Public charity (501(c)(3)) Manchestr Ctr, VT
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Provides library services and resources to all community members.
Leadership
Ed Surjan · Executive Director · $42K
Money in and out
$967K revenue, $1.1M expenses
Bottom line
33% program efficiency
Where the money goes · FY2023
Total revenue
$967K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$9.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$149K
Where spending went · Part IX cols B–D
Program services $0.33 Management & general $0.58 Fundraising $0.09
Program efficiency
33%
of spending reaches programs
Operating runway
54.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$967K
FY2023▼ -22%
Expenses
$1.1M
FY2023▼ -7%
Total assets
$9.6M
FY2023▲ +2%
Total liabilities
$41K
FY2023▼ -46%
Total revenue
$967K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$9.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$149K
Total assetsPt X · Ln 16$9.6M
Program-expense ratioPt IX · col B33%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $366K of program spending, described in the organization's own filed words · FY2022.
01

The Library is a vital community resource offering free programming, services, access to books, digital media, online data bases and information of all kinds to all residents of Manchester for their continual learning, enjoyment, and personal enrichment.

$366Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMark Skinner Library
EINHdr · item D03-0184260
Principal addressHdr · item CManchestr Ctr, VT
WebsiteHdr · item Jmclvt.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1943

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$41,903Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Ed Surjan$128,163$41,903
Edward Surjan$107,952
J Violet Gannon$106,334$101,639

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$731K · 76%
Investment income$111K · 12%
Other revenue$92K · 9%
Program service revenue$33K · 3%
Contributions & grants76%$731K
Investment income12%$111K
Other revenue9%$92K
Program service revenue3%$33K
— government grantsLn 1e$244K
Total revenueLn 12$967K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.33 Management & general $0.58 Fundraising $0.09
Program services33%$366K
Management & general58%$647K
Fundraising9%$103K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$319K
Total assetsLn 16$9.6M
Total liabilitiesLn 26$41K
Total net assetsLn 32$9.5M
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.1M · Operating expenses/yr $1.1M
54.6 months
Where the money goes
Program services
Program services $366K · Total expenses $1.1M
33%
Management & General
Management & general $647K · Total expenses $1.1M
58%
Fundraising
Fundraising $103K · Total expenses $1.1M
9%
Cost to raise $1
Fundraising expense (3-yr avg) $126K · Solicited contributions (3-yr avg) $592K
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $731K · Total revenue $967K
76%
Government reliance
Government grants $244K · Total revenue $967K
25%
Earned-income share
Program service revenue $33K · Total revenue $967K
3%
Investment reliance
Investment income $111K · Total revenue $967K
+12%
Program self-sufficiency
Program service revenue $33K · Total expenses $1.1M
3%
Growth & trend
Revenue growth (YoY)
This year $967K · Prior year $1.2M
-22%
Net-asset trend (YoY)
End of year $9.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $967K · Expenses $1.1M
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $9.6M
Net-asset ratio
Net assets $9.5M · Total assets $9.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $9.6M
50%
People & payroll
Highest Reported Total Compensation
Individual Ed Surjan · Reported title Executive Director · Highest reported compensation $42K · Total expenses $1.1M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $630K · Total expenses $1.1M
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 33%
Overhead ratio 58%
Fundraising cost ratio 14%
Revenue growth -22%
Investment management fee ratio 0.3%
Legal fee ratio 0.10%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2024$929K revenue · ⤓ 990 PDF
FY2023$967K revenue · viewing · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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