Katonah Village Library

Tax-deductible

Katonah, NY501(c)(3)EIN 13-1921202Revenue $1.1M in FY2024

On file with the IRSwls.lib.ny.us26 Bedford Rd, 10536-2134 · Katonah, NYTax-exempt since Nov 1957Publicly supported charity — 170(b)(1)(A)(vi)

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To provide Library services to over 150,000 visitors during 2019 and to provide reference services to the northern portion of westchester county.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Run by 15 volunteers and 25 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
4 of 5
filings with a surplus
Average surplus $121K a year · 11% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$115K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $3K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-4% vs prior year
Spent
$1.0M
To programs
71%
Net assets
$2.8M
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.1M
FY2023$1.2M
FY2024$1.1M
Expenses
$1.0M
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$877K
FY2021$803K
FY2022$1.2M
FY2023$1.0M
FY2024$1.0M
Net assets
$2.8M
FY2024▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.0M
FY2021$7.3M
FY2022$3.2M
FY2023$2.6M
FY2024$2.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1957.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $737K Management & general 29% · $297K

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

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Who runs it and what they're paid

13 people listed on the 990; $115K paid to officers and key staff.

Part VII, Section A · reportable compensation
Library Director
$114,825Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$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

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mary Kane$114,825$114,705$108,370$99,362$97,017

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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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 15aYes

Programs and updates

Offers library and reference services to over 150,000 visitors in northern Westchester County.

Questions for Katonah Village Library

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Provided by the organization

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1 program · $737K · in their own filed words · FY2024
01

KVL provided library services to over 90,000 visitors during 2024 and access to quality materials, information services, research excellence and digital resources. We also offered enriching programs that catered to all ages and interests: in 2024, over 12,000 people attended 700+ PROGRAMS.KVL strives to provide the community with an…

$737Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$3K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.0M
Investment incomeLn 3$48K
Fees for servicesLn 2g$29K
Money outPt IX
$1.0M
Ln 25
Programscol B$737K
Managementcol C$297K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$634K
Total assetsLn 16$2.8M
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Government grantsLn 1e$751K
Noncash giftsLn 1g$11K
Fees for servicesLn 2g$29K
Investment incomeLn 3$48K
Other incomeLn 4–11$8K
Gains on assetsLn 7−$36K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$415K
SavingsLn 2$219K
Cash and savings togetherLn 1–2$634K
InvestmentsLn 11–13$2.2M
Total assetsLn 16$2.8M
LiabilitiesLn 26$0
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 525
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$610K$634K
InvestmentsLn 11–13$2.0M$2.2M
Total assetsLn 16$2.6M$2.8M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.6M$2.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$500$500
Pay of current officers, directors and key staffLn 5$142K$125K$17K
Other salaries and wagesLn 7$426K$405K$20K
Pension plan contributionsLn 8$31K$30K$1K
Other employee benefitsLn 9$15K$15K$80
Payroll taxesLn 10$52K$48K$3K
Accounting feesLn 11c$15K$15K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$28K$28K
Office expensesLn 13$17K$17K
Information technologyLn 14$44K$44K
OccupancyLn 16$44K$44K
TravelLn 17$1K$336$699
InsuranceLn 23$16K$16K
Other expenses (24a–d)Ln 24$195K$108K$87K
Total functional expensesLn 25$1.0M$737K$297K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$1.0M$90K$2.8M 990 PDF
FY2023 $1.2M$1.0M$153K$2.6M 990 PDF
FY2022 $1.1M$1.2M−$93K$3.2M 990 PDF
FY2021 $1.1M$803K$325K$7.3M 990 PDF
FY2020 $1.0M$877K$127K$7.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,124,497 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,043,759$1,038,906
I-9 Program service revenuePrior year $31,175$29,214
I-10 Investment incomePrior year $85,271$48,284
I-11 Other revenuePrior year $7,912$8,093
I-12 Total revenuePrior year $1,168,117$1,124,497
I-13 Grants and similar amounts paidPrior year $3,100$500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $642,524$665,399
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $369,137$368,229
I-18 Total expensesPrior year $1,014,761$1,034,128
I-19 Revenue less expensesPrior year $153,356$90,369
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,124,497 across 10 lines filed
VIII-1e Government grants$751,227
VIII-1f All other contributions, gifts and grants$287,679
VIII-1g Noncash contributions (included above)$10,749
VIII-1h Total contributions, gifts and grants$1,038,906
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $29,214$29,214
VIII-3 Investment incomeExcluded from tax $84,283$84,283
VIII-6 Net rental income or lossExcluded from tax $6,780$6,780
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$35,999−$35,999
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,313$1,313
VIII-12 Total revenueRelated to mission $29,214 · Unrelated business $0 · Excluded from tax $56,377$1,124,497
Part IX · Statement of functional expenses $1,034,128 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $500$500
IX-5 Pay of current officers, directors and key staffPrograms $124,950 · Management $17,039$141,989
IX-7 Other salaries and wagesPrograms $405,321 · Management $20,262$425,583
IX-8 Pension plan contributionsPrograms $30,122 · Management $1,289$31,411
IX-9 Other employee benefitsPrograms $14,832 · Management $80$14,912
IX-10 Payroll taxesPrograms $48,260 · Management $3,244$51,504
IX-11c Accounting feesManagement $15,027$15,027
IX-11f Investment management feesManagement $3,345$3,345
IX-11g Other fees for servicesPrograms $5,630$5,630
IX-12 Advertising and promotionManagement $28,100$28,100
IX-13 Office expensesManagement $16,601$16,601
IX-14 Information technologyManagement $44,388$44,388
IX-16 OccupancyManagement $43,582$43,582
IX-17 TravelPrograms $336 · Management $699$1,035
IX-23 InsuranceManagement $15,876$15,876
IX-24 Other expenses (24a–d)Programs $107,525 · Management $87,120$194,645
IX-25 Total functional expensesPrograms $737,476 · Management $296,652 · Fundraising $0$1,034,128
Part X · Balance sheet $2,819,612 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $373,077$414,963
X-2 Savings and temporary cash investmentsStart of year $237,277$218,554
X-11 Publicly traded securitiesStart of year $2,016,330$2,186,095
X-16 Total assetsStart of year $2,626,684$2,819,612
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,626,684$2,819,612
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $2,626,684$2,819,612
X-33 Total liabilities and net assetsStart of year $2,626,684$2,819,612
Part XI · Reconciliation of net assets $2,819,612 net assets at year end
XI-1 Total revenue$1,124,497
XI-2 Total expenses$1,034,128
XI-3 Revenue less expenses$90,369
XI-4 Net assets at start of year$2,626,684
XI-5 Net unrealized gains (losses) on investments$102,559
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,819,612

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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