Overview
What is Pequot Library Association?
Pequot Library Association, commonly known as Pequot Library, is a vibrant nonprofit institution situated in Southport, Connecticut. Its primary mission is to enrich lives by catering to the cultural, educational, and intellectual needs of the entire community. The library's collection includes rare books, manuscripts, and archives, which it preserves and makes accessible to the public. Furthermore, Pequot Library offers a wide array of engaging programs focusing on history, literature, and the arts. These events are designed to educate and entertain individuals of all ages. To complement its services, the library hosts special collections exhibitions and community gatherings in a historic setting. In addition, Pequot Library curates a circulating collection of over 110,000 items, including books for adults, children, and young adults. With 26 dedicated employees, the library serves its community by hosting approximately 459 programs annually, reaching thousands of people in person and online. The library also supports educators through its Books for Teachers program, providing free books to teachers in surrounding areas.
Official website here: www.pequotlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Pequot Library Association has achieved a strong 95% rating from Charity Navigator, indicating high performance in both accountability and finance as well as culture and community engagement. The organization has a remarkable Accountability & Finance score of 96, reflecting its commitment to transparency and responsible financial practices. Additionally, the feedback from constituents is overwhelmingly positive, with a perfect score of 100 points in feedback collection, usage, and overall practices.
The library exhibits a strong governance structure with 100% independent board members and a large independent board size of 22 members. This ensures that the organization can operate with integrity and make decisions that are in the best interest of its community. Furthermore, the library maintains robust financial oversight, as evidenced by its audit and oversight committee scoring full points in that area.
Despite its impressive performance, the organization has room for improvement in its Equity Strategies Score, which stands at 87 out of 100. Additionally, while the program expense ratio is commendable at 67.14%, there are always challenges in maximizing programmatic spending versus administrative costs. Overall, Pequot Library Association demonstrates a strong commitment to its mission and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Pequot Library Association legitimate?
Pequot Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pequot Library Association 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: $157,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $601,994
For more financial information, click here
Official website here: www.pequotlibrary.org
What is the mission statement of Pequot Library Association?
Pequot Library, operating under the name Pequot Library Association D/B/A Pequot Library, is dedicated to enriching lives by catering to the cultural, educational, and intellectual needs of the entire community. The library houses a collection of rare books, manuscripts, and archives, making them accessible to the public. Besides providing library services, it organizes engaging programs about history, literature, and the arts, curates special collections exhibitions, and hosts community-wide gatherings in a historic setting. Pequot Library's mission extends beyond its collection, offering a circulating collection of books and media, organizing a changing schedule of art and history exhibitions, and presenting numerous music performances and educational programs for various age groups.
Official website here: www.pequotlibrary.org
What is the revenue of Pequot Library Association?
Pequot Library Association's revenue in 2024 was $1,687,305.
Official website here: www.pequotlibrary.org
Who are the executives of Pequot Library Association and what are their salaries?
The average compensation at Pequot Library Association during 2024 was $33,037. There are 23 employees and 330 volunteers at Pequot Library Association.
Here are 25 key members and their salaries:
- Compensation: $145,855
- Related: $0
- Other: $12,344
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pequotlibrary.org
Where can I find the form 990 for Pequot Library Association?
Pequot Library Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pequotlibrary.org
Learn more at the official website: www.pequotlibrary.org
Mission Statement of Pequot Library Association
Pequot Library Association D/B/A Pequot Library enriches lives by catering to the cultural, educational, and intellectual needs of the entire community. The organization achieves this by collecting, preserving, and making accessible a collection of rare books, manuscripts, and archives. Beyond its archival services, Pequot Library also provides public library services, organizes engaging programs about history, literature, and the arts, curates special collections exhibitions, and hosts community-wide gatherings in a historic setting.
In pursuit of its mission, Pequot Library aims to bring culture to life, encompassing literature, art, science, and the humanities. The library serves a broad and diverse audience and throughout the year offers a circulating collection of books and media. Furthermore, it presents a changing schedule of art and history exhibitions, and offers numerous education programs for various age groups. These initiatives aim to promote cultural appreciation, learning, and the exploration of diverse perspectives, thereby contributing to the intellectual growth and enrichment of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Pequot Library Association D/B/A Pequot Library enriches lives by serving the cultural, educational, and intellectual needs of the entire community. The library curates a circulating collection of over 110,000 items, including books for adults, children, and young adults, and media items like audiobooks. In 2022-2023, the library added 1,585 new items to its collection and circulated 24,523 items to the public.
Furthermore, Pequot Library offered a total of 459 programs and events for patrons of all ages, including school programs that reached over 500 students. These programs include author talks, exhibitions, musical performances, workshops, book clubs, scholarly presentations, lectures, children's literacy programs, and more. The library collaborates with other public libraries, local schools, and peer organizations in the area. In 2022-2023, program attendance totaled 21,168, with a total of 98,099 patrons served combining in-person and online interactions.
Additionally, Pequot Library serves the community through the Books for Teachers program, providing free books to teachers in various cities supported by grant funding. The library's special collections exceed 30,000 rare books, manuscripts, and documents, some of which are on long-term loan to Yale University's Beinecke Rare Book and Manuscript Library. Recent exhibitions have included topics like American identity in children's books and the Private Press Movement.
In summary, Pequot Library Association D/B/A Pequot Library's impact is significant in enriching lives through its diverse collection, community programs, special exhibitions, and support for educators, contributing to the cultural and educational landscape of Southport, CT.
This information is meant to be a general summary of Pequot Library Association. 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: $112,420
- Program Service Revenue: $174,826
- Gross Receipts: $3,346,807
Assets and Liabilities:
- Total Assets: $8,097,787
- Total Liabilities: $137,931
- Net Assets: $7,959,856
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIBRARY PROGRAMS
Revenue
$174,826
Organization Details
Founding Year
1889
Principal Officer
Coke Anne Wilcox
Website
www.pequotlibrary.orgNTEE Category
Code: B71Z - Education
If you are a representative of Pequot Library Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.