Civic Intelligence

The Jones Library Inc

990 • Fiscal year 2016 • EIN 04-2104358

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 24, 2017

43 Amity StreetAmherst, MA 01002

(413) 259-3090

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

72nd percentile

11%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$89,878

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

24th percentile

-3.3%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

29%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$11,219,210

Down $381,970 (-3.3%) from 2015

Net Assets

Down

$11,211,285

Down $381,091 (-3.3%) from 2015

Liabilities

Down

$7,925

Down $879 (-10.0%) from 2015

Revenue

Up

$2,983,979

Up $665,104 (+29%) from 2015

Expenses

Up

$2,669,037

Up $106,088 (+4.1%) from 2015

Net Income

Up

$314,942

Up $559,016 (+229%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $13,890,669Liabilities 2010: $0Net Assets 2010: $13,890,6692010Assets 2011: $11,896,288Liabilities 2011: $0Net Assets 2011: $11,896,2882011Assets 2012: $11,293,068Liabilities 2012: $0Net Assets 2012: $11,293,0682012Assets 2013: $11,695,632Liabilities 2013: $10,560Net Assets 2013: $11,685,0722013Assets 2014: $12,102,607Liabilities 2014: $11,521Net Assets 2014: $12,091,0862014Assets 2015: $11,601,180Liabilities 2015: $8,804Net Assets 2015: $11,592,3762015Assets 2016: $11,219,210Liabilities 2016: $7,925Net Assets 2016: $11,211,2852016Assets 2017: $11,589,109Liabilities 2017: $11,934Net Assets 2017: $11,577,1752017Assets 2018: $11,749,984Liabilities 2018: $13,038Net Assets 2018: $11,736,9462018Assets 2019: $11,981,767Liabilities 2019: $14,082Net Assets 2019: $11,967,6852019Assets 2020: $11,852,046Liabilities 2020: $63,169Net Assets 2020: $11,788,8772020Assets 2021: $13,562,457Liabilities 2021: $8,387Net Assets 2021: $13,554,0702021Assets 2022: $11,559,095Liabilities 2022: $19,108Net Assets 2022: $11,539,9872022

Highlighted filing

2016

Assets$11,219,210
Liabilities$7,925
Net Assets$11,211,285

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $565,4312010Expenses 2011: $2,278,2232011Expenses 2012: $2,291,6732012Revenue 2013: $2,484,915Expenses 2013: $2,379,925Net Income 2013: $104,9902013Revenue 2014: $2,518,439Expenses 2014: $2,535,669Net Income 2014: -$17,2302014Revenue 2015: $2,318,875Expenses 2015: $2,562,949Net Income 2015: -$244,0742015Revenue 2016: $2,983,979Expenses 2016: $2,669,037Net Income 2016: $314,9422016Revenue 2017: $2,429,175Expenses 2017: $2,706,632Net Income 2017: -$277,4572017Revenue 2018: $2,549,647Expenses 2018: $2,759,669Net Income 2018: -$210,0222018Revenue 2019: $2,811,815Expenses 2019: $2,823,520Net Income 2019: -$11,7052019Revenue 2020: $2,573,252Expenses 2020: $2,769,870Net Income 2020: -$196,6182020Revenue 2021: $2,991,104Expenses 2021: $2,738,428Net Income 2021: $252,6762021Revenue 2022: $2,693,104Expenses 2022: $2,865,088Net Income 2022: -$171,9842022

Highlighted filing

2016

Revenue$2,983,979
Expenses$2,669,037
Net Income$314,942
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 24, 2017
Return Version
2015v3.0
Gross Receipts
$9,234,445
Mission and Program Overview

Mission

Operation of a public library

Operation of a public library.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,623,682$7,920,648▲ $1,296,966
Land, Buildings, and Equipment, Net$3,226,942$3,138,921▼ $88,021
Savings and Temporary Cash Investments$1,747,369$157,620▼ $1,589,749
Inventories for Sale or Use$3,187$2,021▼ $1,166
Total Assets$11,601,180$11,219,210▼ $381,970
Liabilities
Accounts Payable and Accrued Expenses$8,804$7,925▼ $879
Total Liabilities$8,804$7,925▼ $879
Net Assets / Fund Balance
Temporarily Rstr Net Assets$10,484,859$10,055,819▼ $429,040
Unrestricted Net Assets$916,090$964,039▲ $47,949
Permanently Rstr Net Assets$191,427$191,427→ $0
Total Net Assets Fund Balance$11,592,376$11,211,285▼ $381,091
Total Liabilities and Net Assets / Fund Balance$11,601,180$11,219,210▼ $381,970

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,938,293$3,097,374-
Other Land Buildings$75,000--
Land$108,289--
Equipment$17,339$572,562-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$8,187,280$17,974▲ $62,118$317,490$7,920,648
2014$8,465,965$3,034▲ $110,807$346,494$8,187,280
2013$7,894,257$15,753▲ $996,331$395,099$8,465,965
2012$7,763,261$43,562▲ $764,294$633,831$7,894,257
2011$8,376,329$148,500▼ $303,982$416,194$7,763,261
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sharon SharryExecutive DirectorFT$89,878$89,878

Board Members and Trustees

NameTitle
Austin SaratPresident
Chris HoffmannVice President
Alex LefebvreTrustee
Lee EdwardsTrustee
Tamson ElySecretary
Robert PamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,194,763
Program Service Revenue
$12,617
Investment Income
$758,422
Other Revenue
$18,177
All Other Contributions
$109,513
Change in Net Assets
$314,942

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$2,010,250Cash Value
Other Non Cash Contri Table1$75,000Cash Value
Total Noncash Contributions2$2,085,250-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,359,494
Revenue Not Reported on Financial Statements
$624,485
Revenue Not Reported on Form 990
$-100,782
Other Revenue Adjustments
$595,251
Total Revenue per Audited Statements
$2,258,712
Total Revenue per Form 990
$2,983,979
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,887,976
Other Expenses$781,061
Total Fundraising Expense$16,628
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,458,183$146,881-$1,605,064
Other Employee Benefits$257,022$25,890-$282,912
Depreciation Depletion$164,730$16,292-$181,022
All Other Expenses$80,279-$16,628$96,907
Other Expenses$58,580$7,749-$58,580
Fees for Service Investment Mgmnt Fees-$29,234-$29,234
Fees for Services Accounting-$13,510-$13,510
Travel$2,453--$2,453
Total Functional Expenses$2,404,727$247,682$16,628$2,669,037

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,669,037
Expenses per Audited Statements$2,639,803
Total Expenses per Audited Statements$2,639,803
Expenses Not Reported on Financial Statements$29,234
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,072
Fundraising Direct Expenses$9,969
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sammy Awards$25,072$25,072$9,969$15,103
Total Events$25,072$25,072$9,969$15,103
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Members of the board of trustees are elected to office by the citizens of the town of amherst, ma. The election of board members is part of regular town elections.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by the president and treasurer.

Form 990, Part VI, Section C, Line 19

The library's governing documents and financial statements are available for public inspection at the library's premises in amherst, ma.

Filing and Contact Details

Filer

Filer Name
The Jones Library Inc
EIN
04-2104358
Phone
4132593090
Address
43 AMITY STREET, AMHERST, MA 01002

Signing Officer

Name
Austin Sarat
Title
President
Phone
4132593090
Signed
2017-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Austin Sarat
Formed
1919
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
130

Preparer

Firm
Pascucci Teixeira & Co Pc
Address
78 MAIN ST, NORTHAMPTON, MA 01060
Preparer
David E Pascucci
Phone
4135860990
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Book/tax difference on realized (loss) on sale of investments -595,251.

Financial Statement Notes

PART III, LINE 1A:

The library has inexhaustible collections consisting of books, research materials, artwork, antiques, and special collections relating to amherst history. These collections are not capitalized; instead they are recorded as an expense in the financial statements. There were no significant acquisitions or dispositions from collections during the year. The library has consistently followed the policy of charging to expense the costs of circulating books, library materials, and exhaustible collections purchased. Expenditures for these items are recorded as an expense in the statement of activities and not charged to capital accounts.

PART III, LINE 4:

As a public library the organization has a collection of books, research materials, artwork, antiques, and special collections relating to the history of the town of amherst, ma. The library's collection is held to maintain and enhance the cultural character of the town. Books are available for the use of the general public. Other materials are available for public inspection and use on library premisis.

PART V, LINE 4:

Intended use of endowment funds is for support of library operations.

PART X, LINE 2:

The jones library, inc. Is a tax-exempt organization under internal revenue code section 501(c)(3). Therefore, there is no income tax provision in the financial statements. There is no material financial statement impact resulting from income tax return positions as defined is fasb asc topic 740-10-25-5.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Book/tax difference on realized (loss) on sale of investments

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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0365809
IRS990/PYOtherExpensesAmt0770422
IRS990/PYOtherRevenueAmt016907
IRS990/PYProgramServiceRevenueAmt09924
IRS990/PYRevenuesLessExpensesAmt0-244074
IRS990/PYSalariesCompEmpBnftPaidAmt01783996
IRS990/PYTotalExpensesAmt02562949
IRS990/PYTotalProfFndrsngExpnsAmt08531
IRS990/PYTotalRevenueAmt02318875
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0314942
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015691
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01747369
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0157620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0139888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0144218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0171419
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0136479
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0262442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0854446
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt02085250
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt01808848
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt01772973
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt01870467
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt01729120
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt09266658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0159172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0239779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0264372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0177812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0168670
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01009805
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90930
IRS990ScheduleA/PublicSupportPY170Pct00.90860
IRS990ScheduleA/PublicSupportTotal170Amt010121104
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02225138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01953066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01944392
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02006946
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01991562
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010121104
IRS990ScheduleA/TotalSupportAmt011130909
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00770
IRS990ScheduleD/BuildingsGrp/BookValueAmt02938293
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03097374
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06035667
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt029234
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08187280
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt017974
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07920648
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt062118
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0317490
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt046032
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08465965
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt03034
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08187280
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0110807
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0346494
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt045277
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07894257
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt015753
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08465965
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0996331
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0395099
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt043029
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt07763261
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt043562
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07894257
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0764294
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0633831
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt041392
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08376329
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0148500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt07763261
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-303982
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0416194
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt017339
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0572562
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0589901
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt029234
IRS990ScheduleD/ExpensesSubtotalAmt02639803
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt029234
IRS990ScheduleD/InvestmentExpensesNotIncldAmt029234
IRS990ScheduleD/LandGrp/BookValueAmt0108289
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0108289
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-100782
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt075000
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt075000
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0595251
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.01610
IRS990ScheduleD/RevenueNotReportedAmt0-100782
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0624485
IRS990ScheduleD/RevenueSubtotalAmt02359494
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LIBRARY HAS INEXHAUSTIBLE COLLECTIONS CONSISTING OF BOOKS, RESEARCH MATERIALS, ARTWORK, ANTIQUES, AND SPECIAL COLLECTIONS RELATING TO AMHERST HISTORY. THESE COLLECTIONS ARE NOT CAPITALIZED; INSTEAD THEY ARE RECORDED AS AN EXPENSE IN THE FINANCIAL STATEMENTS. THERE WERE NO SIGNIFICANT ACQUISITIONS OR DISPOSITIONS FROM COLLECTIONS DURING THE YEAR. THE LIBRARY HAS CONSISTENTLY FOLLOWED THE POLICY OF CHARGING TO EXPENSE THE COSTS OF CIRCULATING BOOKS, LIBRARY MATERIALS, AND EXHAUSTIBLE COLLECTIONS PURCHASED. EXPENDITURES FOR THESE ITEMS ARE RECORDED AS AN EXPENSE IN THE STATEMENT OF ACTIVITIES AND NOT CHARGED TO CAPITAL ACCOUNTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC LIBRARY THE ORGANIZATION HAS A COLLECTION OF BOOKS, RESEARCH MATERIALS, ARTWORK, ANTIQUES, AND SPECIAL COLLECTIONS RELATING TO THE HISTORY OF THE TOWN OF AMHERST, MA. THE LIBRARY'S COLLECTION IS HELD TO MAINTAIN AND ENHANCE THE CULTURAL CHARACTER OF THE TOWN. BOOKS ARE AVAILABLE FOR THE USE OF THE GENERAL PUBLIC. OTHER MATERIALS ARE AVAILABLE FOR PUBLIC INSPECTION AND USE ON LIBRARY PREMISIS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTENDED USE OF ENDOWMENT FUNDS IS FOR SUPPORT OF LIBRARY OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3THE JONES LIBRARY, INC. IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THEREFORE, THERE IS NO INCOME TAX PROVISION IN THE FINANCIAL STATEMENTS. THERE IS NO MATERIAL FINANCIAL STATEMENT IMPACT RESULTING FROM INCOME TAX RETURN POSITIONS AS DEFINED IS FASB ASC TOPIC 740-10-25-5.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4BOOK/TAX DIFFERENCE ON REALIZED (LOSS) ON SALE OF INVESTMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1A:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.97620
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03138921
IRS990ScheduleD/TotalExpensesPerForm990Amt02669037
IRS990ScheduleD/TotalRevenuePerForm990Amt02983979
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02258712
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02639803
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09969
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SAMMY AWARDS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025072
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt025072
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025072
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025072
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015103
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09969
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09969
IRS990ScheduleG/IndividualWithBooksNm0SHARON SHARRY
IRS990ScheduleG/LicensedStatesCd0MA
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt043 AMITY STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0AMHERST
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd001002
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SALARIES & OPERATING EXPS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1CAPITAL IMPROVEMENTS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0CASH VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1CASH VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt02010250
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt175000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE BOARD OF TRUSTEES ARE ELECTED TO OFFICE BY THE CITIZENS OF THE TOWN OF AMHERST, MA. THE ELECTION OF BOARD MEMBERS IS PART OF REGULAR TOWN ELECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE LIBRARY'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE LIBRARY'S PREMISES IN AMHERST, MA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX DIFFERENCE ON REALIZED (LOSS) ON SALE OF INVESTMENTS -595,251.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$11.6$0.02$11.5$2.69$2.87$0.17
2021Detailed filing. Detailed filing data is available for this year.$13.6$0.01$13.6$2.99$2.74$0.25
2020Detailed filing. Detailed filing data is available for this year.$11.9$0.06$11.8$2.57$2.77$0.20
2019Detailed filing. Detailed filing data is available for this year.$12.0$0.01$12.0$2.81$2.82$0.01
2018Detailed filing. Detailed filing data is available for this year.$11.7$0.01$11.7$2.55$2.76$0.21
2017Detailed filing. Detailed filing data is available for this year.$11.6$0.01$11.6$2.43$2.71$0.28
2016Detailed filing. Detailed filing data is available for this year.$11.2$0.01$11.2$2.98$2.67$0.31
2015Detailed filing. Detailed filing data is available for this year.$11.6$0.01$11.6$2.32$2.56$0.24
2014Detailed filing. Detailed filing data is available for this year.$12.1$0.01$12.1$2.52$2.54$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$0.01$11.7$2.48$2.38$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$0.00$11.3$2.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.00$11.9$2.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.00$13.9$0.57