Brown Public Library EIN 03-6008207 Form 990 (PDF) Claim this org

Brown Public Library FY2021 filing

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Provides books, resources, and programs for education, recreation, and lifelong learning. For fiscal year 2021 it reported $168K in revenue, $169K in expenses, and $504K in net assets.Pt I

Founded
1906
Type
Public charity (501(c)(3)) · Education
Location
Northfield, VT
Website
brownpubliclibrary.org
Filings
4 on file (2021–2021)
Revenue
$168KFY2021
Expenses
$169K
Net assets
$504K
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  03-6008207 Public charity (501(c)(3)) Northfield, VT Founded 1906
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides books, resources, and programs for education, recreation, and lifelong learning.
Leadership
Sherri Brickey · Library Director · $44K
Money in and out
$168K revenue, $169K expenses
Bottom line
75% program efficiency
Where the money goes · FY2021
Total revenue
$168K
Pt VIII · Ln 12
Total expenses
$169K
Pt IX · Ln 25
Net assets
$504K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.25
Program efficiency
75%
of spending reaches programs
Operating runway
35.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$168K
FY2021
Expenses
$169K
FY2021
Total assets
$504K
FY2021
Total liabilities
$501
FY2021
Total revenue
$168K
Pt VIII · Ln 12
Total expenses
$169K
Pt IX · Ln 25
Net assets
$504K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$504K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $116K of program spending, described in the organization's own filed words · FY2020.
01

The Brown Public Library (BPL) is primarily a lending library. Prior to the Covid-19 lockdown, the BPL was checking out about 1,800 items per month. The BPL was closed in mid-March 2020 and items checked out fell to about 1,200 per month.

$83Kprogram expense
02

The Brown Public Library youth librarian hosts a number of events for youth and young children. These include a teen advisory board, a summer reading program for youth, a biweekly story hour for children under six, a monthly event involving LEGOS, making and painting bird houses, pajama parties, pumpkin carving and similar activities.

$31Kprogram expense
03

Computer access and internet access are an integral part of the Brown Public Library (BPL). BPL has six computer setups for patrons. In a typical month, 30 to 50 patrons use the computers and printers. With the COVID-19 lockdown access was not permitted. However, patrons could use wireless devices.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrown Public Library
EINHdr · item D03-6008207
Principal addressHdr · item CNorthfield, VT
WebsiteHdr · item Jbrownpubliclibrary.org
Year of formationHdr · item L1906
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B70Z)
Ruling yearIRS BMFAug 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Library Director
$44,104Pt VII · Sec A
Youth Librarian
$21,964Pt VII · Sec A
Deputy Director
$18,851Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Member, Board of Trustees
$0Pt VII · Sec A

Sherri Brickey’s $67K as Library Director is at the 59th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Sherri Brickey$66,909$59,105$48,515$43,809$44,104
Rebecca Pearish$30,871$23,806$21,964$19,635$21,964
Kathryn Szelag$12,795$18,851
Richard Campbell$8,649
Elizabeth Thurber$5,802$5,323
Brett Campbell$4,993
Tammy Hale$3,888
Sonya Rhodes$3,215$3,268

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$147K · 88%
Investment income$10K · 6%
Other revenue$10K · 6%
Contributions & grants88%$147K
Investment income6%$10K
Other revenue6%$10K
— government grantsLn 1e$109K
Total revenueLn 12$168K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25
Program services75%$127K
Management & general25%$42K
Total functional expensesLn 25$169K

Balance Sheet

Part X · end of year
CashLn 1$34K
Total assetsLn 16$504K
Total liabilitiesLn 26$501
Total net assetsLn 32$504K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $504K · Operating expenses/yr $169K
35.8 months
Where the money goes
Program services
Program services $127K · Total expenses $169K
75%
Management & General
Management & general $42K · Total expenses $169K
25%
Fundraising
Fundraising $0 · Total expenses $169K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $39K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $147K · Total revenue $168K
88%
Government reliance
Government grants $109K · Total revenue $168K
65%
Earned-income share
Program service revenue $0 · Total revenue $168K
0%
Investment reliance
Investment income $10K · Total revenue $168K
+6%
Program self-sufficiency
Program service revenue $0 · Total expenses $169K
0%
Growth & trend
Revenue growth (YoY)
This year $168K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $504K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $168K · Expenses $169K
-0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $504K
Net-asset ratio
Net assets $504K · Total assets $504K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $470K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $504K
93%
People & payroll
Highest Reported Total Compensation
Individual Sherri Brickey · Reported title Library Director · Highest reported compensation $44K · Total expenses $169K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $108K · Total expenses $169K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 25%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.4%

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
Total grants receivedfrom 2 funders$3K

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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
FY2024$157K revenue · ⤓ 990 PDF
FY2023$166K revenue · ⤓ 990 PDF
FY2022$172K revenue · ⤓ 990 PDF
FY2021$168K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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