Overview
What is Lexington Public Library?
The Lexington Public Library is a well-established nonprofit organization in Lexington-Fayette County, Kentucky. With a team of 206 dedicated individuals, the library's mission is to inspire ideas and transform lives by providing a diverse range of services and resources for the community. The library offers various programs suitable for all ages, including storytime sessions for infants and toddlers, summer reading programs for children and adults, and job search assistance for adults. The library's extensive collection covers both popular and educational materials in various formats. Additionally, the library provides book buddies service for nursing home and homebound adults. Through its strategic goals of education, inclusion, access, space, culture, and stewardship, the library connects with the diverse populations of Lexington-Fayette County by offering high-quality programs, welcoming facilities, and a carefully curated collection of materials.
Official website here: www.lexpublib.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Lexington Public Library has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization's overall score reflects its effective management and transparency, with a perfect score in key areas such as independent board membership and oversight practices.
Strengths of the library include its high program expense ratio of 91.93%, demonstrating that a significant majority of its funds are directed towards its programs and services. Additionally, the library has established robust policies, including conflict of interest and whistleblower policies, ensuring ethical governance and accountability.
However, the library's liabilities to assets ratio stands at 57.98%, which may indicate some financial risk that could be a point of concern. Overall, the Lexington Public Library is recognized for its strong governance and dedication to serving the community effectively, while also navigating challenges related to its financial structure.
This AI summary has been generated from information found on Charity Navigator.
Is Lexington Public Library legitimate?
Lexington Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington 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: $298,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,475,179
For more financial information, click here
Official website here: www.lexpublib.org
What is the mission statement of Lexington Public Library?
The Lexington Public Library is committed to connecting with the diverse populations of its community by offering staff, resources, programs, and services that inspire ideas and transform lives. The library achieves this by providing high-quality programs and welcoming facilities, as well as curating a popular collection of materials for all ages. From storytimes for babies and toddlers to summer reading programs for children and adults, the library offers lifelong learning support for everyone. Additionally, it provides access to a cultivated collection of popular and educational materials in various formats, job search help for adults, and a Book Buddies service for nursing home and homebound adults.
Official website here: www.lexpublib.org
Who is the CEO of Lexington Public Library?
Heather Dieffenbach is the Director of Lexington Public Library.
Official website here: www.lexpublib.org
What is the revenue of Lexington Public Library?
Lexington Public Library's revenue in 2022 was $18,812,303.
Official website here: www.lexpublib.org
Who are the executives of Lexington Public Library and what are their salaries?
The average compensation at Lexington Public Library during 2022 was $28,027. There are 206 employees and 69 volunteers at Lexington Public Library.
Here are 9 key members and their salaries:
- Compensation: $126,652
- Related: $0
- Other: $42,257
- Compensation: $96,216
- Related: $0
- Other: $33,346
- 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.lexpublib.org
Where can I find the form 990 for Lexington Public Library?
Lexington Public Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lexpublib.org
Learn more at the official website: www.lexpublib.org
Mission Statement of Lexington Public Library
The Lexington Public Library is a vibrant community resource dedicated to connecting people, inspiring ideas, and transforming lives in Lexington-Fayette County. This esteemed institution achieves its strategic goals of education, inclusion, access, space, culture, and stewardship by offering a rich assortment of programs, providing welcoming facilities, and curating a popular collection of materials.
In line with its mission, the Lexington Public Library reaches out to the diverse populations of Lexington-Fayette County by extending staff, resources, programs, and services. The library takes pride in its commitment to lifelong learning, catering to various age groups with initiatives such as storytimes for infants and toddlers, summer reading programs for children and adults, and access to a cultured collection of popular and educational materials in diverse formats. Furthermore, the library offers job search assistance for adults and a Book Buddies service for nursing home and homebound adults, ensuring that learning opportunities are accessible to all.
The Lexington Public Library goes beyond just providing resources; it is a dynamic hub that inspires creativity and fosters personal growth. By offering high-quality programs, the library encourages exploration and learning, enabling individuals to broaden their horizons and expand their knowledge. The welcoming facilities serve as a gathering place for people from all walks of life, fostering a sense of community and connection. In this way, the Lexington Public Library truly transforms lives, making a positive impact on the community it serves.
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Impact
October, 2024
Lexington Public Library profoundly impacts the community by connecting individuals, inspiring ideas, and transforming lives throughout Lexington-Fayette County. It achieves its strategic goals of education, inclusion, access, space, culture, and stewardship through a variety of high-quality programs and welcoming facilities.
The library supports lifelong learning for all ages, offering storytimes for babies and toddlers, summer reading programs for children and adults, and access to a broad collection of popular and educational materials in various formats. Adults benefit from job search assistance, while the Book Buddies service caters to nursing home and homebound adults, ensuring that everyone has access to resources and programs that enrich their lives.
By curating these diverse offerings, Lexington Public Library fosters a vibrant community where individuals can learn, connect, and thrive together.
This information is meant to be a general summary of Lexington 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 2022.
- Investment Income: $63,078
- Program Service Revenue: $395,543
- Gross Receipts: $18,826,878
Assets and Liabilities:
- Total Assets: $50,823,723
- Total Liabilities: $28,626,143
- Net Assets: $22,197,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING CHARGES
Revenue
$347,543
E-RATE INCOME
Revenue
$48,000
Organization Details
Founding Year
1898
Phone
(859) 231-5556Principal Officer
Heather Dieffenbach
Main Address
140 EAST MAIN STREET, LEXINGTON, KY, 40507
Website
www.lexpublib.orgNTEE Category
Code: B71Z - Education
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