Chanute Public Library EIN 48-6038882

Chanute Public Library

EIN  48-6038882 Public charity (501(c)(3)) Chanute, KS Founded 1906
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Provides modern library resources and services to meet public needs and enhance community life.
Leadership
Joan Newman · President
Money in and out
$1.1M revenue, $1.4M expenses
Bottom line
100% program efficiency

Provides modern library resources and services to meet public needs and enhance community life. For fiscal year 2025 it reported $1.1M in revenue, $1.4M in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$315K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
12.8mo
months of highly liquid reserves at operating expense rate▼ -69% vs prior filing year
Surplus margin
-28%
revenue over expenses, this year▼ -167% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.1M
FY2025▲ +21%
Expenses
$1.4M
FY2025▲ +169%
Total assets
$1.5M
FY2025▼ -17%
Total liabilities
$0
FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$315K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $1.4M of program spending, described in the organization's own filed words · FY2025.
01

As a public library books and other materials are circulated to the library patrons. The library staff also provide reference services and programming for all ages. Electronic resources are also available for public use both from within the library and well as remote access.

$1.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChanute Public Library
EINHdr · item D48-6038882
Principal addressHdr · item CChanute, KS
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1906
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B70)
Ruling yearIRS BMFFeb 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
City Mayor
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Chanute Public Library executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 98%
Investment income$20K · 2%
Contributions & grants98%$1.1M
Investment income2%$20K
— government grantsLn 1e$604K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$1.4M
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$1.5M
Total assetsLn 16$1.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.5M
Months of cash on handcomputed12.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.5M · Operating expenses/yr $1.4M
12.8 months
Where the money goes
Program services
Program services $1.4M · Total expenses $1.4M
100%
Management & General
Management & general $0 · Total expenses $1.4M
0%
Fundraising
Fundraising $0 · Total expenses $1.4M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $352K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
98%
Government reliance
Government grants $604K · Total revenue $1.1M
54%
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $20K · Total revenue $1.1M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.4M
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $922K
+21%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.4M
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Joan Newman · Reported title President · Highest reported compensation $0 · Total expenses $1.4M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $341K · Total expenses $1.4M
24%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 21%

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.

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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)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$922K revenue · ⤓ 990 PDF
FY2023$800K revenue · ⤓ 990 PDF
FY2022$511K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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