EIN 06-0646756

Young Men's Institute Library

Name: Young Men's Institute Library financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

New Haven

State

Connecticut

Year formed

1972

Most recent tax filings

2023-09-01

NTEE code, primary

T20: Private Foundations

Description

The Institute Library is described as Connecticut's oldest independent circulating library and one of the last remaining membership libraries in North America. Its mission is to fulfill its historical purpose of "mutual assistance in the attainment of useful knowledge" for its members and the New Haven community at large through literature, civil discourse, and the arts.

Total revenues

$174,567

2023

Total expenses

$218,766

2023

Total assets

$1,226,373

2023

Num. employees

2023

Program areas at Young Men's Institute Library

Maintaining Library and providing Library services including miscellaneous program costs to its membership and the community.

The Institute has created the social justice reader, a fellowship opportunity for new haven high school studentsof african american or african descent to explore race asa social construct, racial justice and racism from the disciplinary perspective of their choice.

All income received is used exclusively to maintain the Library and provide Library services to its membership and the community as per the enabling Connecticut statute and the original deed of trust.

Who funds Young Men's Institute Library

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Girl Scouts of the United States of America (GSUSA)	2023-09	Program Fulfillment	$60,613
Community Foundation for Greater New Haven	2022-12	General Operating Support, for Physical Enhancement of the Building's Interior	$30,000
Schwab Charitable Fund	2023-06	Public, Societal Benefit	$25,000
...and 5 more grants received

Personnel at Young Men's Institute Library

Name	Title	Compensation	Date of data
Janice Swiatek	Executive Director	$27,643	2023-09-30
Eva Guertz	Past Executive Director	$13,103	2022-09-30
Maryann Ott	Board Chair	$0	2024-07-12
Eva Geertz	Past Executive Director	$9,944	2021-09-30

Financials for Young Men's Institute Library

Revenues	FYE 09/2023	FYE 09/2022	% Change
Total grants, contributions, etc.	$103,374	$190,386	-45.7%
Investment income and dividends	$2,602	$1,176	121.3%
Net rental income	$15,091	$28,257	-46.6%
Net gain from sale of non-inventory assets	$8,491	$8,701	-2.4%
Gross sales of inventory	$0	$0	-
Miscellaneous revenues	$20,822	$19,497	6.8%
Total revenues	$174,567	$268,440	-35%

Form 990s for Young Men's Institute Library

Fiscal year ending	Date received by IRS	Form	PDF link
2023-09	2024-07-12	990PF	View PDF
2022-09	2023-08-22	990PF	View PDF
2021-09	2022-08-11	990PF	View PDF
2020-09	2021-08-12	990PF	View PDF
2019-09	2021-07-20	990PF	View PDF
...and 8 more Form 990s

Organizations like Young Men's Institute Library

Organization	Type	Location	Revenue
The Latham Foundation for the Promotion of Humane Education	501(c)(3)	Alameda, CA	$533,616
Lynn Museum and Historical Society	501(c)(3)	Lynn, MA	$234,830
Maine Charitable Mechanic Association	501(c)(3)	Portland, ME	$300,589
Kittitas County Historical Society	501(c)(3)	Ellensburg, WA	$839,892
George M Jones Library Association	501(c)(3)	Lynchburg, VA	$330,914
Brown County Art Guild	501(c)(3)	Nashville, IN	$393,513
Charles and Ethel Hughes Foundation	501(c)(3)	Lebanon, MO	$204,055
Pinal County Historical Society	501(c)(3)	Florence, AZ	$135,053
The Helene Worlitzer Foundation of New Mexico	501(c)(3)	Taos, NM	$242,226
Eccles-Lesher Memorial Library Association	501(c)(3)	Rimersburg, PA	$202,383

Data update history

August 27, 2024

Posted financials

Added Form 990PF for fiscal year 2023

August 26, 2024

Updated personnel

Identified 5 new personnel

August 26, 2024

Received grants

Identified 3 new grant, including a grant for $60,613 from Girl Scouts of the United States of America (GSUSA)

December 24, 2023

Received grants

Identified 1 new grant, including a grant for $30,000 from Community Foundation for Greater New Haven

October 1, 2023

Updated personnel

Identified 1 new personnel

Nonprofit Types

Exempt operating foundationsCharities

Issues

Education

Characteristics

MembershipsState / local levelTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 847 Chapel St; New Haven, CT 06510
Metro area: New Haven-Milford, CT
County: South Central Connecticut Planning Region, CT
Website URL: institutelibrary.org/
Phone: (203) 562-4045

IRS details

EIN: 06-0646756
Fiscal year end: September
Taxreturn type: Form 990-PF
Year formed: 1972
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T20: Private Foundations
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

Blog articles

Free account sign-up

Want updates when Young Men's Institute Library has new information, or want to find more organizations like Young Men's Institute Library?

Create free Cause IQ account

Young Men's Institute Library

Program areas at Young Men's Institute Library

Who funds Young Men's Institute Library

Personnel at Young Men's Institute Library

Financials for Young Men's Institute Library

Form 990s for Young Men's Institute Library

Organizations like Young Men's Institute Library

Nonprofits

Product

Customers

About