Cohocton Public Library FY2020 filing

Tax-deductible

Cohocton, NY501(c)(3)EducationEIN 16-1570542Revenue $214K in FY2020

On file with the IRSPo Box 105, 14826-0105 · Cohocton, NYTax-exempt since May 2001Publicly supported charity — 170(b)(1)(A)(vi)

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To provide a Public Library for the Cohocton NY residence

501(c)(3) charity; gifts are tax-deductible.
98¢ 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $48K a year · 22% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
36 mo
of spending, in cash
Looks good: 35.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$112
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$214K
Spent
$119K
To programs
98%
Net assets
$454K
By yearFY2020–FY2025
Revenue
$214K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$214K
FY2021$178K
FY2022$185K
FY2023$298K
FY2024$201K
FY2025$221K
Expenses
$119K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$119K
FY2021$192K
FY2022$135K
FY2023$165K
FY2024$193K
FY2025$204K
Net assets
$454K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$454K
FY2021$440K
FY2022$490K
FY2023$623K
FY2024$631K
FY2025$648K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2001.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $117K Management & general 2% · $3K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Cohocton Public Library executive salaries →

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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 15aNo

Programs and updates

Offers a public library for Cohocton, NY residents.

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Provided by the organization

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1 program · $117K · in their own filed words · FY2020
01

Library operations

$117Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$16

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$214K
Ln 12
Gifts and grantsLn 1h$214K
Investment incomeLn 3$156
Money outPt IX
$119K
Ln 25
Programscol B$117K
Managementcol C$3K
Owns and owesPt X
$454K
net assets · Ln 32
Cash and savingsLn 1–2$357K
Total assetsLn 16$454K
LiabilitiesLn 26$112
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$214K
Government grantsLn 1e$168K
Investment incomeLn 3$156
Total revenueLn 12$214K
Assets in detailPt X, end of year
CashLn 1$357K
Cash and savings togetherLn 1–2$357K
Land, buildings, equipmentLn 10c$97K
Total assetsLn 16$454K
LiabilitiesLn 26$112
Net assetsLn 32$454K
OperationsPt I, VI
EmployeesI 510
VolunteersI 615
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$295K$357K
Land, buildings, equipmentLn 10c$66K$97K
Total assetsLn 16$361K$454K
LiabilitiesLn 26$2K$112
Net assetsLn 32$359K$454K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$31K$31K$0$0
Other salaries and wagesLn 7$36K$36K$0$0
Other employee benefitsLn 9$826$826$0$0
Payroll taxesLn 10$5K$5K$0$0
Accounting feesLn 11c$3K$0$3K$0
Office expensesLn 13$4K$4K$0$0
OccupancyLn 16$10K$10K$0$0
TravelLn 17$89$89$0$0
Conferences, conventions and meetingsLn 19$971$971$0$0
Depreciation, depletion and amortizationLn 22$4K$4K$0$0
Other expenses (24a–d)Ln 24$22K$22K$0$0
All other expensesLn 24e$3K$3K$0$0
Total functional expensesLn 25$119K$117K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $221K$204K$17K$648K 990 PDF
FY2024 $201K$193K$8K$631K 990 PDF
FY2023 $298K$165K$132K$623K 990 PDF
FY2022 $185K$135K$51K$490K 990 PDF
FY2021 $178K$192K−$14K$440K 990 PDF
FY2020 Viewing $214K$119K$95K$454K 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 FY2020 990 (6 parts)
Part I · Summary $213,970 revenue, 12 lines filed
I-8 Contributions and grants$213,814
I-9 Program service revenue$0
I-10 Investment income$156
I-11 Other revenue$0
I-12 Total revenue$213,970
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$72,787
I-16a Professional fundraising fees$0
I-17 Other expenses$46,362
I-18 Total expenses$119,149
I-19 Revenue less expenses$94,821
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $213,970 across 6 lines filed
VIII-1b Membership dues$57
VIII-1e Government grants$168,471
VIII-1f All other contributions, gifts and grants$45,286
VIII-1h Total contributions, gifts and grants$213,814
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$156
VIII-12 Total revenueRelated to mission $156 · Unrelated business $0 · Excluded from tax $0$213,970
Part IX · Statement of functional expenses $119,149 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $31,038 · Management $0 · Fundraising $0$31,038
IX-7 Other salaries and wagesPrograms $35,808 · Management $0 · Fundraising $0$35,808
IX-9 Other employee benefitsPrograms $826 · Management $0 · Fundraising $0$826
IX-10 Payroll taxesPrograms $5,115 · Management $0 · Fundraising $0$5,115
IX-11c Accounting feesPrograms $0 · Management $2,571 · Fundraising $0$2,571
IX-13 Office expensesPrograms $4,164 · Management $0 · Fundraising $0$4,164
IX-16 OccupancyPrograms $9,697 · Management $0 · Fundraising $0$9,697
IX-17 TravelPrograms $89 · Management $0 · Fundraising $0$89
IX-19 Conferences, conventions and meetingsPrograms $971 · Management $0 · Fundraising $0$971
IX-22 Depreciation, depletion and amortizationPrograms $3,955 · Management $0 · Fundraising $0$3,955
IX-24 Other expenses (24a–d)Programs $22,088 · Management $0 · Fundraising $0$22,088
IX-24e All other expensesPrograms $2,827 · Management $0 · Fundraising $0$2,827
IX-25 Total functional expensesPrograms $116,578 · Management $2,571 · Fundraising $0$119,149
Part X · Balance sheet $453,726 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $294,824$356,530
X-10c Land, buildings and equipment, netStart of year $66,068$97,196
X-16 Total assetsStart of year $360,892$453,726
X-25 Other liabilitiesStart of year $1,724$112
X-26 Total liabilitiesStart of year $1,724$112
X-32 Total net assets or fund balancesStart of year $359,168$453,614
X-33 Total liabilities and net assetsStart of year $360,892$453,726
Part XI · Reconciliation of net assets $453,614 net assets at year end
XI-1 Total revenue$213,970
XI-2 Total expenses$119,149
XI-3 Revenue less expenses$94,821
XI-4 Net assets at start of year$359,168
XI-10 Net assets at end of year$453,614

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

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