Overview
What is Hyannis Public Library?
Hyannis Public Library serves as a vital community resource in Hyannis, Massachusetts. As a nonprofit institution, its primary objective is to offer a free library facility to local residents. The library is dedicated to enriching lives by providing a wide array of programs, catering to the diverse needs of the community. Located in the heart of Hyannis, this public library is committed to ensuring its citizens have access to a suitable library facility, thereby fostering knowledge, learning, and personal growth.
Official website here: www.hyannislibrary.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Hyannis Public Library has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The library's score is particularly notable for its perfect marks in independent board governance, financial oversight, and overall financial health, showcasing a commitment to transparency and effective management of resources.
Strengths highlighted in the data include a high program expense ratio of 83.70%, indicating that a significant portion of funds is directed towards its programs and services. The organization also boasts an excellent fundraising efficiency ratio, which demonstrates that it is able to generate funds with minimal costs. Furthermore, the library has no reported material diversions of assets, reinforcing its credibility and trustworthiness.
However, there are some areas for improvement, specifically regarding the absence of a whistleblower policy and a document retention and destruction policy, both of which received no points. While these limitations do not significantly detract from the library's overall strong financial standing, addressing them could enhance the organization's governance structure and accountability practices in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Hyannis Public Library legitimate?
Hyannis Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hyannis 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: $134,454
Other Salaries and Wages: $416,769
For more financial information, click here
Official website here: www.hyannislibrary.com
What is the mission statement of Hyannis Public Library?
The Hyannis Public Library, functioning as a free resource, is committed to serving its community. Its primary mission is to offer a suitable library facility, catering to the citizens of Hyannis, Massachusetts. The library embarks on various programs to uphold this mission, aiming to provide a wide range of resources and services that enrich and educate its patrons. It strives to promote literacy, knowledge, and lifelong learning opportunities for all.
Official website here: www.hyannislibrary.com
Who is the CEO of Hyannis Public Library?
Amanda Converse is the President of Hyannis Public Library.
Official website here: www.hyannislibrary.com
What is the revenue of Hyannis Public Library?
Hyannis Public Library's revenue in 2023 was $2,706,737.
Official website here: www.hyannislibrary.com
Who are the executives of Hyannis Public Library and what are their salaries?
The average compensation at Hyannis Public Library during 2023 was $21,935. There are 19 employees and 50 volunteers at Hyannis Public Library.
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Official website here: www.hyannislibrary.com
Where can I find the form 990 for Hyannis Public Library?
Hyannis Public Library's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hyannislibrary.com
Learn more at the official website: www.hyannislibrary.com
Mission Statement of Hyannis Public Library
The Hyannis Public Library, as a distinguished nonprofit organization, is committed to providing a conducive library facility for the citizens of Hyannis, Massachusetts. Its primary mission is to offer a diverse range of programs aimed at satisfying the informational needs and interests of its community members. The library serves as a vital resource, striving to ensure that every individual within its reach has access to a suitable library facility. This dedication to its mission is evident in the various programs it offers, all geared towards enriching the lives of its patrons.
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Impact
July, 2024
The Hyannis Public Library plays a crucial role in the community by providing free access to educational resources, information, and programs for the residents of Hyannis, Massachusetts. The library's mission to offer a suitable facility and various programs enhances the educational opportunities available to individuals of all ages. By serving as a hub for learning and enrichment, the Hyannis Public Library positively impacts the community's intellectual and personal growth. Through its commitment to education and access to knowledge, the library contributes to the overall development and well-being of Hyannis residents.
This information is meant to be a general summary of Hyannis 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 2023.
- Investment Income: $30,681
- Program Service Revenue: $11,698
- Gross Receipts: $2,983,099
Assets and Liabilities:
- Total Assets: $3,556,528
- Total Liabilities: $104,647
- Net Assets: $3,451,881
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAILY RECEIPTS
Revenue
$11,698
Organization Details
Founding Year
1875
Phone
(508) 771-5124Principal Officer
Amanda Converse
Main Address
401 MAIN STREET, HYANNIS, MA, 02601
Website
www.hyannislibrary.comNTEE Category
Code: B71Z - Education
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