2024-10-21T14:55:30-05:00 2023-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2023-01-01 131635307 THE TRUSTEES OF THE NEW YORK SOCIETY LIBRARY TRUS 2122886900 53 EAST 79TH STREET NEW YORK NY 10075 CAROLYN WATERS HEAD LIBRARIAN 2122886900 2024-10-21 1 0 FREDERICK MARTENS P00298107 2126972299 2023 2024-10-15 13:58:12Z CAROLYN WATERS 53 EAST 79TH STREET NEW YORK NY 10075 16055076 0 X WWW.NYSOCLIB.ORG X 1754 NY THE LIBRARY WAS FOUNDED IN 1754 BY THE NEW YORK SOCIETY, (CONTINUED ON SCHEDULE O)A CIVIC-MINDED GROUP FORMED IN THE BELIEF THAT THE AVAILABILITY OF BOOKS WOULD HELP THE CITY OF NEW YORK TO PROSPER. 19 19 39 24 0 0 1464741 1152067 726076 771482 1792310 1626388 34384 40553 4017511 3590490 13000 11000 0 0 2341448 2282902 0 0 374662 1477987 1515566 3832435 3809468 185076 -218978 46535151 55306942 397991 462925 46137160 54844017 X THE NEW YORK SOCIETY LIBRARY WAS FOUNDED IN 1754 BY THE NEW YORK SOCIETY, A CIVIC-MINDED GROUP FORMED IN THE BELIEF THAT THE AVAILABILITY OF BOOKS WOULD HELP THE CITY OF NEW YORK TO PROSPER. 0 0 2849030 11000 783336 EVENTS AND EXHIBITIONS THE LIBRARY IS OPEN TO THE PUBLIC FOR READING, REFERENCE, EXHIBITIONS, AND MANY EVENTS, WITH CIRCULATION AND OTHER SERVICES BY SUBSCRIPTION. AT END OF 2023, THE LIBRARY COUNTED APPROXIMATELY 2,900 FAMILY, DUAL, INDIVIDUAL, E-MEMBERSHIP AND SCHOOL/INSTITUTIONAL MEMBERSHIPS. THE LIBRARY HOUSES A COLLECTION OF OVER 300,000 VOLUMES, AND CIRCULATED APPROXIMATELY 60,000 TITLES TO MEMBERS IN 2023 AND LENT OUT NEARLY 533 BOOKS TO 298 LIBRARIES IN 45 STATES (+PUERTO RICO AND WASHINGTON DC) THROUGH ITS INTERLIBRARY LOAN SERVICE.CONTINUE ON SCHEDULE OTHE LIBRARY OFFERS A DIVERSE CALENDAR OF EVENTS FOR READERS, WRITERS, AND CHILDREN, WITH MOST EVENTS OPEN TO BOTH MEMBERS AND NON-MEMBERS. THE LIBRARY OFFERED OVER 219 PROGRAMS IN 2023, WITH PROGRAMMING HELD IN-PERSON, VIRTUALLY, AND HYBRID, WITH AN AUDIENCE IN THE THOUSANDS. THE ASSUNTA, IGNAZIO, ADA, AND ROMANO PELUSO EXHIBITION GALLERY, OPEN TO THE PUBLIC, SHOWCASES RARE BOOKS AND MATERIALS ON LITERARY AND HISTORICAL THEMES. IN 2023, THE LIBRARY OPENED QUACK! QUACK! THE WONDERFUL WORLD OF ROBERT QUACKENSBUSH, OUR FIRST EXHIBITION SHOWCASING CHILDREN'S LITERATURE AND THE WORK OF A RENOWNED CHILDREN'S AUTHOR, WITH NEARLY 1,000 VISITORS. 2849030 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X THE ORGANIZATION 2122886900 53 EAST 79TH STREET NEW YORK NY 10075 GEORGE LK FRELINGHUYSEN CHAIR 10.00 X X 0 0 0 TIMOTHY N WALLACH TREASURER 5.00 X X 0 0 0 SUSAN ROBBINS SECRETARY 2.00 X X 0 0 0 ADRIENNE INGRUM BOARD MEMBER 2.00 X 0 0 0 AKOSUA ASAMOAH BOARD MEMBER 2.00 X 0 0 0 BETTY KELLY SARGENT BOARD MEMBER 2.00 X 0 0 0 BYRON BELL BOARD MEMBER 2.00 X 0 0 0 CAROL COLLINS MALONE BOARD MEMBER 2.00 X 0 0 0 CHARLES G BERRY BOARD MEMBER 2.00 X 0 0 0 ELLA M FOSHAY BOARD MEMBER 2.00 X 0 0 0 ELLEN M ISEMAN BOARD MEMBER 2.00 X 0 0 0 ELLIOT S OROL BOARD MEMBER 2.00 X 0 0 0 EMILY MADISON BOARD MEMBER 2.00 X 0 0 0 FRANCESCA STANFILL BOARD MEMBER 2.00 X 0 0 0 GRETCHEN RUBIN BOARD MEMBER 2.00 X 0 0 0 JEAN PARKER PHIFER BOARD MEMBER 2.00 X 0 0 0 JEANNETTE WATSON SANGER BOARD MEMBER 2.00 X 0 0 0 JOHN SCHWOLSKY BOARD MEMBER 2.00 X 0 0 0 LAURENCE BERGREEN BOARD MEMBER 2.00 X 0 0 0 LISA W HESS BOARD MEMBER 2.00 X 0 0 0 ROBERT A CARO BOARD MEMBER 2.00 X 0 0 0 THEODORE C ROGERS BOARD MEMBER 2.00 X 0 0 0 WARREN ST JOHN BOARD MEMBER 2.00 X 0 0 0 WILLIAM G BARDEL BOARD MEMBER 2.00 X 0 0 0 CAROLYN WATERS HEAD LIBRARIAN 40.00 X 158078 0 7054 JAMES ADDONA HEAD OF DEVELOPMENT 40.00 X 128004 0 17856 SARA E HOLLIDAY HEAD OF EVENTS 40.00 X 114857 0 22441 MADJALIA SEYNOU CONTROLLER 40.00 X 110186 0 29410 511125 0 76761 4 0 1 0 LARSON ARCHITECTURE WORKS 501 5TH AVE NEW YORK NY 100177111 ARCHITECT 242361 STERLING PROJECT DEVELOPMENT GROUP LLC 111 GREAT NECK ROAD SUITE 408 GREAT NECK NY 11021 CONSULTING AND PRECONSTRUCTION 226197 BECK MACK & OLIVER LLC 360 MADISON AVENUE NEW YORK NEW YORK NY 100177111 INVESTMENT ADVISOR 115244 3 1152067 252319 1152067 MEMBERSHIPS 900099 727899 727899 LECTURES AND EVENTS 900099 29402 29402 BOOK FINES AND SALES 900099 13442 13442 PHOTOCOPY FEES 900099 509 509 POSTAGE REIMBURSEMENT 900099 230 230 771482 685530 685530 28699 28699 13405444 12464586 940858 940858 940858 MISCELLANEOUS INCOME 900099 11854 11854 11854 3590490 783336 0 1655087 11000 11000 165132 127152 14862 23118 1703810 1319009 146453 238348 52689 40798 4521 7370 209000 161724 18037 29239 152271 117827 13141 21303 13243 13243 27879 27879 250874 250874 14375 14375 88953 76308 4824 7821 189979 154710 13456 21813 303192 298462 2578 2152 175367 172631 1491 1245 62334 61362 529 443 LIBRARY MATERIALS 179114 179114 EXHIBITIONS AND EVENTS 115159 115159 OTHER EXPENSES 53204 13774 36940 2490 BANK SERVICE CHARGES 22573 22573 19320 19320 3809468 2849030 585776 374662 435576 578032 35050 35057 255230 118307 117032 137086 8780283 5989837 2315352 2790446 43376911 51648014 46535151 55306942 70742 126906 327249 336019 397991 462925 X 43391603 51789607 2745557 3054410 46137160 54844017 46535151 55306942 -218978 8925835 0 X 0 1 X 1 0 X 2113268 2004386 2023278 1464741 1152067 8757740 2113268 2004386 2023278 1464741 1152067 8757740 2398822 6358918 701793 658027 537744 778267 685530 3361361 13942 49480 33788 34384 40553 172147 12291248 3658144 0.51740 0.52110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 41146061 10301349 1896902 49550508 51230591 -8276623 1807907 41146061 44188454 275000 8481249 1714112 51230591 40319600 537371 4961021 1629538 44188454 33157151 776345 8015838 1629734 40319600 0.99644 0.00222 0.00134 0 0 115000 115000 7217623 4684625 2532998 625043 577680 47363 822617 727532 95085 2790446 12265451 8925835 8925835 3339616 250874 250874 3590490 3558594 0 3558594 250874 250874 3809468 PART III, LINE 1A: THE LIBRARY DOES NOT CAPITALIZE ITS COLLECTIONS. ACQUISITION OF BOOKS AND BINDING COSTS ARE EXPENSED AS INCURRED. THE PROCEEDS OF BOOKS REPLACED AND SOLD ARE RECOGNIZED AS REVENUE. PART III, LINE 4: THE LIBRARY HAS COLLECTIONS OF OVER 12,000 NON-CIRCULATING LIBRARY MATERIALS, INCLUDING A WIDE VARIETY OF RARE AND UNIQUE ITEMS: BOOKS, PERIODICALS, NEWSPAPERS, PAMPHLETS AND BROADSIDES, MAPS, MANUSCRIPTS, AND A SMALL COLLECTION OF ART, INCLUDING PORTRAITS, FURNITURE, SCULPTURE, CERAMICS, GLASS, AND DECORATIVE OBJECTS. RARE PRINTED MATERIALS RANGE FROM ABOUT ONE DOZEN INCUNABLES (BOOKS PUBLISHED DURING THE FIRST HALF-CENTURY OF PRINTING) TO SIGNED FIRST EDITIONS OF CERTAIN NOVELS. AMONG THE COLLECTION'S STRENGTHS ARE NEW YORK CITY DIRECTORIES AND 18TH- AND 19TH-CENTURY TRAVEL NARRATIVES, THE GOTHIC NOVELS FOUND IN THE HAMMOND COLLECTION, WORKS ON ALCHEMY IN THE WINTHROP COLLECTION, WRITINGS ON ART AND THEATER AMONG THE VOLUMES IN THE SHARAFF-SZE COLLECTION, AND ITALIAN LANGUAGE BOOKS FROM MOZART'S LIBRETTIST IN THE DA PONTE COLLECTION. THE OTHER NAMED COLLECTIONS INCLUDE: SHARP COLLECTION, HAMMOND COLLECTION, GREEN ART COLLECTION, AND LYN CHASE POETRY COLLECTION. THE LIBRARY ALSO HOLDS SOME MANUSCRIPT MATERIALS: ITS OWN INSTITUTIONAL ARCHIVES (OF WHICH THE FIRST AND SECOND CHARGING LEDGERS ARE PART); CORRESPONDENCE, AND OTHER ITEMS, CHIEFLY FROM THE GOODHUE, BOWNE, AND HARRISON FAMILIES; AS WELL AS LITERARY MANUSCRIPTS AND TYPESCRIPTS. THESE COLLECTIONS ARE MAINTAINED UNDER CURATORIAL CARE AND ARE HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITIONS IN FURTHERANCE OF PUBLIC SERVICE. THE COST OF RARE BOOKS, OCCASIONALLY PURCHASED FOR THE COLLECTIONS, IS CHARGED TO EXPENSE WHEN INCURRED. 1 NEW YORK CITY BOOK AWARDS 5 11000 PART I, LINE 2: THE LIBRARY HONORS BOOKS OF LITERARY QUALITY OR HISTORICAL IMPORTANCE THAT EVOKE THE SPIRIT OR ENHANCE APPRECIATION OF NEW YORK CITY. THE NEW YORK CITY BOOK AWARDS AND THE HORNBLOWER AWARD FOR A FIRST TIME AUTHOR ARE NOT MADE TO FUND SPECIFIC PROJECTS OR ACTIVITIES OF THE RECIPIENTS, AND THEREFORE THE LIBRARY DOES NOT MONITOR THE EXPENDITURES OF THE RECIPIENTS. THE AWARDS ARE GIVEN TO INDIVIDUAL AUTHORS OF THE WORKS HONORED FOR THEIR PERSONAL USE. X 0 0 0 0 0 0 0 0 0 CAROLYN WATERS HEAD LIBRARIAN 141078 0 17000 0 0 0 0 0 7054 0 165132 0 0 0 X 8 252319 FAIR MARKET VALUE 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE LIBRARY HAS SHAREHOLDER/STOCKHOLDER MEMBERS AS PROVIDED FOR UNDER ITS ORIGINAL ARTICLES OF INCORPORATION DATED 1754. FORM 990, PART VI, SECTION A, LINE 7A SHAREHOLDER/STOCKHOLDER MEMBERS ELECT THE GOVERNING BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B SHAREHOLDER/STOCKHOLDER MEMBER APPROVAL IS REQUIRED FOR CHANGES TO THE LIBRARY'S GOVERNING DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS, AND IS REVIEWED BY THE HEAD LIBRARIAN, THE CONTROLLER, AND THE AUDIT COMMITTEE BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE ORGANIZATION'S OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE THEIR INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. CURRENTLY EACH MEMBER OF THE BOARD OF TRUSTEES SIGNS THE CONFLICT OF INTEREST POLICY. IF THERE IS A POSSIBLE CONFLICT OF INTEREST, THE CHAIR OF THE BOARD (AND, IF NECESSARY, EXECUTIVE COMMITTEE) IS RESPONSIBLE FOR REVIEWING THE SITUATION AND DEALING WITH THE INDIVIDUAL. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE ORGANIZATION'S HEAD LIBRARIAN IS DETERMINED BY THE BOARD OF TRUSTEES. THE FINANCE COMMITTEE IS RESPONSIBLE FOR APPROVING THE SALARY BUDGET AS PART OF THE FOLLOWING YEAR'S OPERATING BUDGET. THIS BUDGET IS THEN REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF THE LIBRARY IN DECEMBER. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES OR ANY OTHER COMPENSATED OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES A SUMMARIZED STATEMENT OF REVENUE AND EXPENSES IN ITS PUBLISHED ANNUAL REPORT. FULL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT THE ORGANIZATION. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.