Overview
What is Gloucester Lyceum And Sawyer Free Library Inc?
Gloucester Lyceum And Sawyer Free Library Inc is a nonprofit organization situated at 2 Dale Avenue, Gloucester, Massachusetts 01930. Established in 1854, its mission is to cater to the informational and cultural requirements of the local community, offering inviting and up-to-date facilities. The organization provides a range of resources, including books, multi-media materials, and rental options. It serves both children and adults, aiming to enrich their lives through literacy and cultural experiences.
Official website here: www.sawyerfreelibrary.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Gloucester Lyceum And Sawyer Free Library Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored 96% in its Accountability & Finance category, demonstrating effective governance and transparency in financial reporting.
Strengths of the organization include its fully independent board, with all members free from conflicts of interest, and a robust financial oversight framework. The library also maintains a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its resources is directed towards its mission-related activities rather than administrative costs.
While the library excels in financial practices, the data does not include user feedback or specific programmatic outcomes, which could provide further insight into the community impact of its services. Overall, Gloucester Lyceum And Sawyer Free Library Inc shows a strong foundation in financial management and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Gloucester Lyceum And Sawyer Free Library Inc legitimate?
Gloucester Lyceum And Sawyer Free Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gloucester Lyceum And Sawyer Free Library Inc 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: $34,000
Other Salaries and Wages: $1,037,224
For more financial information, click here
Official website here: www.sawyerfreelibrary.org
What is the mission statement of Gloucester Lyceum And Sawyer Free Library Inc?
The Gloucester Lyceum and Sawyer Free Library Inc. is dedicated to meeting the informational and cultural needs of both children and adults, a mission it has upheld since its establishment in 1854. It aims to offer inviting and alluring facilities that cater to contemporary materials. The primary function of this library is to provide the public with access to a diverse range of reading and multimedia materials through purchase, rental, and loan services.
Official website here: www.sawyerfreelibrary.org
Who is the CEO of Gloucester Lyceum And Sawyer Free Library Inc?
Marion Sibley is the Trustee of Gloucester Lyceum And Sawyer Free Library Inc.
Official website here: www.sawyerfreelibrary.org
What is the revenue of Gloucester Lyceum And Sawyer Free Library Inc?
Gloucester Lyceum And Sawyer Free Library Inc's revenue in 2023 was $2,219,455.
Official website here: www.sawyerfreelibrary.org
Who are the executives of Gloucester Lyceum And Sawyer Free Library Inc and what are their salaries?
There 43 volunteers at Gloucester Lyceum And Sawyer Free Library Inc.
Here are 14 key members and their salaries:
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Official website here: www.sawyerfreelibrary.org
Where can I find the form 990 for Gloucester Lyceum And Sawyer Free Library Inc?
Gloucester Lyceum And Sawyer Free Library Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sawyerfreelibrary.org
Learn more at the official website: www.sawyerfreelibrary.org
Mission Statement of Gloucester Lyceum And Sawyer Free Library Inc
The Gloucester Lyceum and Sawyer Free Library Inc, established in 1854, is committed to serving the informational and cultural needs of both children and adults in the community. Its mission is to create inviting and appealing facilities that cater to a diverse range of contemporary materials. This nonprofit organization provides a platform for the general public, offering the option to purchase, rent, or borrow a variety of reading and multimedia materials, thereby fostering a love for knowledge and learning.
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Impact
July, 2024
Gloucester Lyceum And Sawyer Free Library Inc's impact is significant as it serves the information and cultural needs of the community of Gloucester, Massachusetts. Since 1854, the organization has provided inviting and attractive facilities that accommodate a wide range of reading and multi-media materials to the general public. This has helped to promote education and literacy among children and adults in the community.
This information is meant to be a general summary of Gloucester Lyceum And Sawyer Free Library Inc. 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 2023.
- Investment Income: $134,927
- Gross Receipts: $4,651,399
Assets and Liabilities:
- Total Assets: $8,588,161
- Total Liabilities: $14,644
- Net Assets: $8,573,517
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Organization Details
Founding Year
1830
Principal Officer
Marion Sibley
Main Address
2 Dale Avenue, Gloucester, MA, 01930
Website
www.sawyerfreelibrary.orgNTEE Category
Code: B71Z - Education
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