Overview
What is New York Metropolitan Reference And Research Library Agency?
New York Metropolitan Reference and Research Library Agency, often referred to as METRO, is a nonprofit organization located in New York, serving over 212 libraries in New York City and Westchester County. Their mission encompasses supporting libraries by providing training, grant funding for technological advancements, digitalization, and purchasing resources, offering courier services, maintaining an interactive website, and advocating for their members' missions. METRO's activities aim to advance library and knowledge-management services, foster collaboration, share resources, and promote professional development in the digital era. With a team of 12 dedicated individuals, METRO bridges the gap between library science and technological innovation, enabling information professionals to thrive in the evolving digital landscape.
Official website here: www.metro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The New York Metropolitan Reference and Research Library Agency holds an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is primarily based on their accountability and finance practices, reflecting a strong commitment to transparency and responsible management of resources.
Strengths of the organization include a fully independent board, with all members meeting the criteria for independence. Their financial practices also demonstrate prudent management, as evidenced by a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of their funding is applied directly to their programs.
While the organization exhibits strong practices in governance and financial management, the overall rating suggests there might be areas for improvement or a need for further information regarding their program effectiveness. Nonetheless, the current ratings highlight their commitment to accountability and the efficient use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is New York Metropolitan Reference And Research Library Agency legitimate?
New York Metropolitan Reference And Research Library Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Metropolitan Reference And Research Library Agency 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: $218,599
Professional Fundraising Fees: $0
Other Salaries and Wages: $964,420
For more financial information, click here
Official website here: www.metro.org
What is the mission statement of New York Metropolitan Reference And Research Library Agency?
The New York Metropolitan Reference and Research Library Agency's mission is centered around advancing library and knowledge management services. They achieve this through collaborative efforts, resource and knowledge sharing, strategic planning, professional development, and advocacy among their member organizations and those with similar interests. The agency's mission also involves bridging library science and technological innovation. They accomplish this by providing workshops, special events, online communication channels, grant funding for technology and digitization, innovative internships, and various other services. These efforts aim to help information professionals succeed in the evolving digital world. The agency supports over 212 libraries, including public, academic, hospital, medical center, non-profit organizations, in New York City and Westchester County by offering training programs, grant funding, courier service, an interactive website, and assistance in achieving their library missions.
Official website here: www.metro.org
Who is the CEO of New York Metropolitan Reference And Research Library Agency?
Nathaniel Hill is the President of New York Metropolitan Reference And Research Library Agency.
Official website here: www.metro.org
What is the revenue of New York Metropolitan Reference And Research Library Agency?
New York Metropolitan Reference And Research Library Agency's revenue in 2022 was $4,301,165.
Official website here: www.metro.org
Who are the executives of New York Metropolitan Reference And Research Library Agency and what are their salaries?
The average compensation at New York Metropolitan Reference And Research Library Agency during 2022 was $98,585. There are 12 employees and 15 volunteers at New York Metropolitan Reference And Research Library Agency.
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Official website here: www.metro.org
Where can I find the form 990 for New York Metropolitan Reference And Research Library Agency?
New York Metropolitan Reference And Research Library Agency's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.metro.org
Learn more at the official website: www.metro.org
Mission Statement of New York Metropolitan Reference And Research Library Agency
The New York Metropolitan Reference and Research Library Agency, often referred to as METRO, is dedicated to advancing library services and knowledge management in the New York City area and beyond. Their mission is multifaceted, encompassing collaboration, resource sharing, strategic planning, professional development, and advocacy among like-minded organizations. By fostering these activities, METRO aims to bridge the gap between library science and technological innovation, thereby empowering information professionals to thrive in the evolving digital world.
To achieve this mission, METRO offers various services. They conduct workshops, special events, and utilize online communication channels to educate and engage their members. Moreover, they provide grant funding for technology, digitization, book purchases, and electronic databases to assist over 212 libraries, including public, academic, hospital, medical center, and non-profit organizations. METRO's member courier service ensures efficient delivery of materials, while their interactive website facilitates collaboration and information exchange among libraries and their parent institutions. Lastly, METRO supports the missions of these libraries by providing innovative internships and technology improvement grants.
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Impact
October, 2024
The New York Metropolitan Reference And Research Library Agency (METRO) plays a pivotal role in enhancing library and knowledge-management services across New York City and Westchester County. By actively collaborating with over 212 libraries, including public, academic, hospital, and nonprofit organizations, METRO fosters an environment of resource and knowledge sharing that strengthens the entire library ecosystem.
One of its significant impacts is the professional development it provides to librarians, equipping them with the skills necessary to thrive in an increasingly digital landscape. Through workshops, special events, and online communication channels, METRO ensures that information professionals are well-prepared to meet the evolving needs of their communities.
Additionally, METRO supports libraries through grant funding for essential resources such as technology, digitization projects, books, and electronic databases, thereby enhancing access to information for all users. Its courier and delivery service facilitates efficient resource sharing among libraries, further promoting collaboration.
By bridging library science with technological innovation, METRO not only elevates the capabilities of individual libraries but also contributes to the overall advancement of knowledge management in the region. This multifaceted approach ensures that libraries remain relevant, accessible, and integral to the communities they serve.
This information is meant to be a general summary of New York Metropolitan Reference And Research Library Agency. 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: $24,984
- Program Service Revenue: $593,329
- Gross Receipts: $4,301,165
Assets and Liabilities:
- Total Assets: $5,197,926
- Total Liabilities: $244,954
- Net Assets: $4,952,972
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$342,597
OTHER LIBRARY SERVICES
Revenue
$232,400
PROGRAM FEES
Revenue
$18,332
Organization Details
Founding Year
1964
Phone
(212) 228-2320Principal Officer
Nathaniel Hill
Main Address
PO BOX 2084, NEW YORK, NY, 10108
Website
www.metro.orgNTEE Category
Code: B700 - Education
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