Overview
What is Southwest Harbor Public Library?
The Southwest Harbor Public Library is a vital nonprofit institution situated in Southwest Harbor, Maine. It serves a population of 1,818 local residents and 2,255 non-residents, contributing significantly to the cultural and economic growth of the area. The library circulated approximately 69,115 items last year, including books, magazines, DVDs, and audiobooks, as well as offering public access computers and high-speed Wi-Fi. Its mission is to foster a love for lifelong learning, literacy, and the exploration of new ideas, welcoming everyone within its doors. With a team of nine dedicated employees, the Southwest Harbor Public Library plays a pivotal role in enriching the community by providing a space for knowledge, creativity, and connection.
Official website here: www.swhplibrary.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Southwest Harbor Public Library has received a high score of 96%, reflecting strong performance in accountability and finance. This rating indicates that the organization adheres to high standards of transparency and governance, with all board members being independent and a solid framework in place for managing conflicts of interest and ensuring financial oversight.
Significantly, the library showcases a robust program expense ratio of 80.26%, meaning that a large portion of its expenses is directed towards its core mission. Additionally, the library maintains an excellent liabilities to assets ratio of just 0.66%, suggesting strong financial health and stability. The presence of comprehensive policies regarding whistleblowing and document retention further underscores its commitment to accountability.
While the library excels in many areas, the rating is solely based on financial performance and does not encompass broader measures such as community impact or service delivery. Nonetheless, its high rating serves as a positive indicator of its operational integrity and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Harbor Public Library legitimate?
Southwest Harbor Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Harbor Public Library submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,720
For more financial information, click here
Official website here: www.swhplibrary.org
What is the mission statement of Southwest Harbor Public Library?
The Southwest Harbor Public Library's mission is to foster a love for lifelong learning, literacy, and the exploration of new ideas. It achieves this by welcoming everyone, serving as a hub for knowledge and ideas, and contributing to the cultural and economic prosperity of its community. The library provides library services to its residents and non-residents, circulating over 64,000 volumes annually and offering public access to computers, Wi-Fi, and meeting spaces. Its doors are open to nearly 230 visitors daily, who come to read, borrow materials, or use the library's resources.
Official website here: www.swhplibrary.org
Who is the CEO of Southwest Harbor Public Library?
Linda Hayward is the Chair of Southwest Harbor Public Library.
Official website here: www.swhplibrary.org
What is the revenue of Southwest Harbor Public Library?
Southwest Harbor Public Library's revenue in 2022 was $1,489,242.
Official website here: www.swhplibrary.org
Who are the executives of Southwest Harbor Public Library and what are their salaries?
The average compensation at Southwest Harbor Public Library during 2022 was $30,969. There are 9 employees and 94 volunteers at Southwest Harbor Public Library.
Here are 8 key members and their salaries:
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Official website here: www.swhplibrary.org
Where can I find the form 990 for Southwest Harbor Public Library?
Southwest Harbor Public Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swhplibrary.org
Learn more at the official website: www.swhplibrary.org
Mission Statement of Southwest Harbor Public Library
Southwest Harbor Public Library, a vital institution, is dedicated to fostering lifelong learning, nurturing the love of literacy, and encouraging the exploration of new ideas. It welcomes everyone through its doors, embodying a commitment to inclusivity. By providing library services to its 1818 residents and 2255 non-residents, Southwest Harbor Public Library contributes to the cultural and economic prosperity of its community. Last year, it circulated 57,037 volumes to registered borrowers, lending an additional 7,300 items to other libraries via inter-library loan. The library also welcomed nearly 69,115 visitors, offering them access to books, magazines, DVDs, audiobooks, public access computers, high-speed Wi-Fi, reading rooms, and public meeting spaces.
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Impact
July, 2024
Southwest Harbor Public Library's impact is significant in fostering a love of learning and literacy within the community. By providing access to a wide range of resources, including books, magazines, DVDs, and audiobooks, as well as public access computers and high-speed wifi, the library serves as a hub for exploration and discovery. With over 69,000 visitors each year, the library plays a crucial role in the cultural and economic prosperity of Southwest Harbor and Mount Desert Island. Through its mission to inspire lifelong learning and the love of literacy, the Southwest Harbor Public Library positively contributes to the educational landscape of the region.
This information is meant to be a general summary of Southwest Harbor Public Library. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $378,824
- Program Service Revenue: $3,361
- Gross Receipts: $1,498,014
Assets and Liabilities:
- Total Assets: $5,708,674
- Total Liabilities: $38,134
- Net Assets: $5,670,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COPIER & FAX FEES
Revenue
$2,612
OTHER MISC PROGRAM REVENUES
Revenue
$739
FINES
Revenue
$10
Organization Details
Founding Year
1895
Phone
(207) 244-7065Principal Officer
Linda Hayward
Main Address
PO BOX 157 338 MAIN STREET, SOUTHWEST HARBOR, ME, 04679
Website
www.swhplibrary.orgNTEE Category
Code: B70 - Education
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