Fishers Island Library association serves the Island community by providing literary, informational, cultural and educational enrichment resources and programs throughout the year at the Library and other Island venues.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $45K a year · 16% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
14 mo
of spending, in cash
Looks good: 13.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $21K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$193K
Spent
$160K
To programs
61%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$193K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$193K
FY2021$228K
FY2022$270K
FY2023$437K
FY2024$254K
Expenses
$160K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$160K
FY2021$196K
FY2022$277K
FY2023$267K
FY2024$256K
Net assets
$1.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$1.5M
FY2023$1.6M
FY2024$1.7M

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $97K Management & general 25% · $40K Fundraising 14% · $23K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Fishers Island Library Assoc executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides library resources, programs, and enrichment for the island community year-round.

Questions for Fishers Island Library Assoc

Tap to ask. Fishers Island Library Assoc sees how many people are interested.

Your first name shows with your question. Fishers Island Library Assoc answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $97K · in their own filed words · FY2020
01

Fishers Island Library provides various library services to the residents and visitors of Fishers Island, including those attending programs. In addition, the library provides services to the local school system.

$97Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Trippe Fund INCFY2024$200
Total grants receivedfrom 4 funders$21K
See all 4 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$193K
Ln 12
Gifts and grantsLn 1h$176K
Investment incomeLn 3$16K
Other incomeLn 4–11$956
Money outPt IX
$160K
Ln 25
Programscol B$97K
Managementcol C$40K
Fundraisingcol D$23K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$184K
Total assetsLn 16$1.5M
LiabilitiesLn 26$7K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$176K
Government grantsLn 1e$51K
Investment incomeLn 3$16K
Other incomeLn 4–11$956
Gains on assetsLn 7$0
Total revenueLn 12$193K
Assets in detailPt X, end of year
CashLn 1$66K
SavingsLn 2$118K
Cash and savings togetherLn 1–2$184K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$407K
Other assetsLn 15$910K
Total assetsLn 16$1.5M
LiabilitiesLn 26$7K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 52
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$224K$184K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$427K$407K
Total assetsLn 16$1.4M$1.5M
LiabilitiesLn 26$5K$7K
Net assetsLn 32$1.4M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$60K$39K$12K$9K
Pension plan contributionsLn 8$2K$2K$500$375
Other employee benefitsLn 9$14K$9K$3K$2K
Payroll taxesLn 10$4K$3K$580$435
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$10K$10K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$15K$11K$2K$2K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$24K$17K$4K$3K
InsuranceLn 23$7K$5K$1K$818
Other expenses (24a–d)Ln 24$15K$10K$468$5K
All other expensesLn 24e$2K$2K$220$541
Total functional expensesLn 25$160K$97K$40K$23K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $254K$256K−$1K$1.7M 990 PDF
FY2023 $437K$267K$170K$1.6M 990 PDF
FY2022 $270K$277K−$7K$1.5M 990 PDF
FY2021 $228K$196K$32K$1.6M 990 PDF
FY2020 Viewing $193K$160K$33K$1.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $193,156 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $168,608$175,856
I-9 Program service revenuePrior year $245$0
I-10 Investment incomePrior year $21,574$16,344
I-11 Other revenuePrior year $190$956
I-12 Total revenuePrior year $190,617$193,156
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $69,486$79,721
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $106,654$80,747
I-18 Total expensesPrior year $176,140$160,468
I-19 Revenue less expensesPrior year $14,477$32,688
Part VI · Governance 16 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $193,156 across 10 lines filed
VIII-1e Government grants$51,000
VIII-1f All other contributions, gifts and grants$124,856
VIII-1h Total contributions, gifts and grants$175,856
VIII-3 Investment incomeExcluded from tax $16,344$16,344
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $956$956
VIII-12 Total revenueExcluded from tax $17,300$193,156
Part IX · Statement of functional expenses $160,468 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $39,000 · Management $12,000 · Fundraising $9,000$60,000
IX-8 Pension plan contributionsPrograms $1,625 · Management $500 · Fundraising $375$2,500
IX-9 Other employee benefitsPrograms $8,826 · Management $2,716 · Fundraising $2,037$13,579
IX-10 Payroll taxesPrograms $2,627 · Management $580 · Fundraising $435$3,642
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $9,822$9,822
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $6,790$6,790
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $11,108 · Management $2,452 · Fundraising $1,839$15,399
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $17,466 · Management $3,856 · Fundraising $2,892$24,214
IX-23 InsurancePrograms $4,940 · Management $1,091 · Fundraising $818$6,849
IX-24 Other expenses (24a–d)Programs $9,837 · Management $468 · Fundraising $4,890$15,195
IX-24e All other expensesPrograms $1,717 · Management $220 · Fundraising $541$2,478
IX-25 Total functional expensesPrograms $97,146 · Management $40,495 · Fundraising $22,827$160,468
Part X · Balance sheet $1,501,239 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $228$66,310
X-2 Savings and temporary cash investmentsStart of year $224,046$118,145
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $427,074$407,094
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $759,826$909,690
X-16 Total assetsStart of year $1,411,174$1,501,239
X-17 Accounts payable and accrued expensesStart of year $4,627$7,010
X-26 Total liabilitiesStart of year $4,627$7,010
X-27 Net assets without donor restrictionsStart of year $1,265,478$1,353,160
X-28 Net assets with donor restrictionsStart of year $141,069$141,069
X-32 Total net assets or fund balancesStart of year $1,406,547$1,494,229
X-33 Total liabilities and net assetsStart of year $1,411,174$1,501,239
Part XI · Reconciliation of net assets $1,494,229 net assets at year end
XI-1 Total revenue$193,156
XI-2 Total expenses$160,468
XI-3 Revenue less expenses$32,688
XI-4 Net assets at start of year$1,406,547
XI-5 Net unrealized gains (losses) on investments$54,994
XI-10 Net assets at end of year$1,494,229

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.