Overview
What is The New Canaan Library Inc?
The New Canaan Library Inc, situated in New Canaan, Connecticut, serves as a vital hub for lifelong learning within its community. Its extensive collections of print and digital content cater to diverse interests, fostering both casual and in-depth explorations of ideas and concepts. The library's offerings include a vast array of subscription research databases, museum passes, and an array of audio-visual items. A dedicated team meticulously manages these collections, ensuring their freshness and responsiveness to the community's needs. The library's digital content offerings are extensive, with direct purchases and access to numerous subscription platforms, providing a wide range of e-content. Despite challenges in 2023, the library's print circulation saw only a minimal decrease, and since reopening in a new facility, circulation rates have significantly increased. The library's mission is to remain an essential place for learning, culture, and connection for everyone in the community.
Official website here: www.newcanaanlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
The New Canaan Library Inc has achieved an 88% score from Charity Navigator, indicating a solid level of accountability and financial health. This rating is derived entirely from their Accountability & Finance metrics, reflecting strong governance practices and transparency in operations.
Strengths noted include a fully independent board comprising 23 members, a clean record with no material diversion of assets, and comprehensive policies on conflicts of interest and whistleblowing. Their financial ratios are commendable, with a low liabilities-to-assets ratio and a substantial working capital, suggesting a stable financial position.
However, while the library's operational metrics are impressive, some stakeholders may look for more comprehensive evaluations encompassing program effectiveness and community impact. This narrow focus on financial accountability may limit a broader understanding of the organization’s overall performance and outcomes in serving the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The New Canaan Library Inc?
96% of 21 reviewers on Facebook endorse The New Canaan Library. Here is a summary of their reviews:
The New Canaan Library is celebrated as a vibrant community hub, offering a wide array of engaging activities for families. Reviewers highlighted the high-quality programs available, including art classes, story time, and special events like stuffed animal sleep-overs, all designed to stimulate creativity and learning. Many users commend the library for its innovative offerings, such as 3-D printing and encounters with rescued animals.
Additionally, the staff receives consistent praise for their friendliness and extensive knowledge, particularly in guiding visitors to discover books matching their interests, including popular genres like children's literature and dinosaurs. Overall, the library is regarded as a welcoming and enriching destination that fulfills the educational and entertainment needs of the community.
This AI summary has been generated from reviews found on Facebook.
Is The New Canaan Library Inc legitimate?
The New Canaan Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Canaan 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: $496,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,913,806
For more financial information, click here
Official website here: www.newcanaanlibrary.org
What is the mission statement of The New Canaan Library Inc?
The New Canaan Library Inc's mission is centered around being an essential platform for lifelong learning, culture, and connection for everyone in the community. Their collections, including print, digital content, and subscriptions, reflect and anticipate community interests, supporting self-directed learning, cultural appreciation, and recreational experiences. The library's team actively manages these collections to ensure they remain fresh and meet the needs of readers and learners. They also offer readers' advisory services and maintain equitable access to all through inclusive policies. Despite temporary challenges due to construction and closure in 2023, the library saw a minimal decrease in print circulation and a significant rise in circulation post-reopening.
Official website here: www.newcanaanlibrary.org
What is the revenue of The New Canaan Library Inc?
The New Canaan Library Inc's revenue in 2024 was $6,531,183.
Official website here: www.newcanaanlibrary.org
Who are the executives of The New Canaan Library Inc and what are their salaries?
The average compensation at The New Canaan Library Inc during 2024 was $45,482. There are 53 employees and 243 volunteers at The New Canaan Library Inc.
Here are 28 key members and their salaries:
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Official website here: www.newcanaanlibrary.org
Where can I find the form 990 for The New Canaan Library Inc?
The New Canaan Library Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.newcanaanlibrary.org
Learn more at the official website: www.newcanaanlibrary.org
Mission Statement of The New Canaan Library Inc
The New Canaan Library Inc is dedicated to serving as an essential platform for lifelong learning, culture, and connection within its community. The organization's mission is to provide an extensive collection of print and digital content, including a variety of subscription research databases and museum passes. This diverse and inclusive library collection caters to the interests of its community, enabling both casual and in-depth explorations of various ideas and concepts.
The professional team managing the collections ensures their freshness and relevance, while maintaining and swiftly returning materials to the shelves for maximum community enjoyment. The library offers readers' advisory services to individuals and groups, supporting self-directed learning, cultural appreciation, and recreational experiences. In line with its values, the library strives for equitable access to all, with its lending and other policies designed to promote inclusivity.
The library's customer service team facilitates access to these resources, ensuring that materials are well-maintained and readily available. The current print collection includes over 38,000 books for adults, 35,000 for children, and 6,700 for teens. The audio-visual collection contains 7,600 items for adults and teens, and 2,500 items for children. To provide digital content, the library directly purchases and makes available over 15,000 ebook and audiobook titles, while also offering free access to a vast amount of digital content through several pay-per-use subscription platforms. These platforms offer a wide range of e-content, such as books, magazines, and streaming media, which continually grow and evolve. Despite facing challenges in 2023 due to construction and closure, the library saw only a modest decrease in print circulation and has since seen a significant increase in circulation since reopening.
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Impact
July, 2024
The New Canaan Library Inc serves as an essential hub for lifelong learning, culture, and connection in the New Canaan community. With a vast collection of print and digital content, the library provides resources that reflect and anticipate the interests of the community, allowing for self-directed learning, cultural appreciation, and recreational experiences. The library's professional team actively manages the collections to ensure they meet the needs of readers and learners, offering a diverse and inclusive range of materials.
Despite facing challenges such as limited access during construction and closures, the library has maintained strong engagement with its collections and services. The library saw only a 5.67% decrease in print circulation during a difficult year, and since reopening in a new facility, circulation has risen significantly. This indicates a positive impact on the community, continuing to provide valuable resources for learning and enrichment.
Overall, The New Canaan Library Inc's dedication to providing equitable access to diverse collections and fostering a culture of learning and connection demonstrates a significant impact on the community's education and cultural enrichment.
This information is meant to be a general summary of The New Canaan 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 2024.
- Investment Income: $60,304
- Program Service Revenue: $260,544
- Gross Receipts: $7,203,588
Assets and Liabilities:
- Total Assets: $50,171,942
- Total Liabilities: $2,629,629
- Net Assets: $47,542,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERPETUAL TRUST INCOME
Revenue
$237,947
FINES AND CHARGES
Revenue
$13,087
COPIER INCOME
Revenue
$9,510
Organization Details
Founding Year
1877
Principal Officer
Robert Lowe
Website
www.newcanaanlibrary.orgNTEE Category
Code: B700 - Education
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