2024-09-30T15:36:09-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-07-01 060672790 PEQUOT LIBRARY ASSOCIATION D/B/A PEQUOT LIBRARY PEQU 2032590346 720 PEQUOT AVENUE SOUTHPORT CT 068901496 COKE ANNE WILCOX PRESIDENT 2032590346 2024-09-26 1 0 MELANIE BALLESTAS P01320477 8605614000 2024-09-26 2023 2024-10-15 13:58:12Z COKE ANNE WILCOX 720 PEQUOT AVENUE SOUTHPORT CT 068901496 3346807 0 1 X PEQUOTLIBRARY.ORG X 1889 CT PEQUOT LIBRARY ENRICHES LIVES BY SERVING THE CULTURAL, EDUCATIONAL, AND INTELLECTUAL NEEDS OF THE ENTIRE COMMUNITY. THE LIBRARY COLLECTS, PRESERVES, AND MAKES ACCESSIBLE A COLLECTION OF RARE BOOKS, MANUSCRIPTS, AND ARCHIVES; PROVIDES PUBLIC LIBRARY SERVICES; ORGANIZES ENGAGING PROGRAMS ABOUT HISTORY, LITERATURE, AND THE ARTS; CURATES SPECIAL COLLECTIONS EXHIBITIONS; AND HOSTS COMMUNITY-WIDE GATHERINGS IN A HISTORIC SETTING. 21 21 23 330 0 0 899720 1130856 133538 174826 8938 146190 235940 235433 1278136 1687305 0 0 0 0 775870 876444 0 0 307124 893397 920979 1669267 1797423 -391131 -110118 8097787 8364327 137931 188016 7959856 8176311 X PEQUOT LIBRARY'S MISSION IS TO BRING CULTURE TO LIFE, INCLUDING LITERATURE, ART, SCIENCE AND THE HUMANITIES. THE LIBRARY SERVES A BROAD AND DIVERSE AUDIENCE AND THROUGHOUT THE YEAR OFFERS A CIRCULATING COLLECTION OF BOOKS AND MEDIA, ORGANIZES A CHANGING SCHEDULE OF ART AND HISTORY EXHIBITIONS, PRESENTS NUMEROUS MUSIC PERFORMANCES AND EDUCATION PROGRAMS FOR ALL AGES. 0 0 1288394 0 174826 PEQUOT LIBRARY ENRICHES LIVES BY SERVING THE CULTURAL, EDUCATIONAL, AND INTELLECTUAL NEEDS OF THE ENTIRE COMMUNITY. THE LIBRARY COLLECTS, PRESERVES, AND MAKES ACCESSIBLE A COLLECTION OF RARE BOOKS, MANUSCRIPTS, AND ARCHIVES; PROVIDES PUBLIC LIBRARY SERVICES; ORGANIZES ENGAGING PROGRAMS ABOUT HISTORY, LITERATURE, AND THE ARTS; CURATES SPECIAL COLLECTIONS EXHIBITIONS; AND HOSTS COMMUNITY-WIDE GATHERINGS IN A HISTORIC SETTING. SEE SCHEDULE O FOR CONTINUANCE OF PROGRAM SERVICE ACCOMPLISHMENTSHISTORIC BUILDING:PEQUOT LIBRARY IS PROUD TO BE THE STEWARD OF A HISTORIC BUILDING DESIGNED BY NOTED AMERICAN ARCHITECT ROBERT H. ROBERTSON, COMMISSIONED BY PEQUOT'S PROMINENT FOUNDER, VIRGINIA MARQUAND MONROE. THE LIBRARY WAS THE PHILANTHROPIC GIFT OF MRS. MONROE TO THE VILLAGE OF SOUTHPORT, WHO HOPED IT WOULD BE A CENTER OF LEARNING AND CULTURE WITH PROGRAMS AS "FREE AS AIR TO ALL".PEQUOT LIBRARY'S HISTORIC BUILDING IS A LATE 19TH-CENTURY ROMANESQUE REVIVAL STONE STRUCTURE FEATURING A TWO-STORY STACKS WING WITH A GLASS FLOOR AND A NEARLY ACOUSTICALLY-PERFECT AUDITORIUM WITH A MODEST 1970S ADDITION AND A GREAT LAWN SUITABLE FOR A VARIETY OF OUTDOOR ACTIVITIES. PEQUOT IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES AND, IN 2018, RECEIVED THE CONNECTICUT TREASURES AWARD FROM THE AMERICAN INSTITUTE OF ARCHITECTS, CT CHAPTER.LIBRARY SERVICES AND CIRCULATING COLLECTION:PEQUOT LIBRARY CURATES A CIRCULATING COLLECTION OF MORE THAN 107,000 ITEMS WITH BOOKS FOR ADULTS, CHILDREN, AND YOUNG ADULTS, PLUS MEDIA ITEMS LIKE AUDIOBOOKS, ADDING 2,408 NEW ITEMS IN 2023-2024. PEQUOT LIBRARY CIRCULATED 27,027 ITEMS FROM ITS COLLECTIONS TO THE PUBLIC, INCLUDING IINTER LIBRARY LOANS AND SEED LIBRARY, WITH 42% OF THOSE ITEMS BEING CHILDREN'S MATERIALS.PUBLIC PROGRAMS AND COMMUNITY OUTREACH;IN 2023-2024, PEQUOT LIBRARY OFFERED A TOTAL OF 535 PROGRAMS AND EVENTS TO PATRONS OF ALL AGES, INCLUDING 26 SCHOOL PROGRAMS, WHICH REACHED 1,298 STUDENTS, AND 84 SELF-DIRECTED ACTIVITIES LIKE CRAFTS FOR YOUTH VISITORS, WHICH GARNERED 1,892 PARTICIPANTS. YEAR-ROUND PROGRAMS INCLUDE AUTHOR TALKS, EXHIBITIONS, MUSICAL AND LIVE PERFORMANCES, WORKSHOPS, BOOK CLUBS, SCHOLARLY PRESENTATIONS, LECTURES, SCHOOL AND UNIVERSITY STUDENT TOURS, WALKING TOURS OF HISTORIC SOUTHPORT, AND NUMEROUS CHILDREN'S LITERACY PROGRAMS. THE LIBRARY ALSO COLLABORATES WITH THE TWO OTHER PUBLIC LIBRARIES IN TOWN, LOCAL SCHOOLS, AND COUNTLESS PEER ORGANIZATIONS IN THE AREA. COMMUNITY PROGRAMS HAVE EXPANDED TO INCLUDE ONLINE EXHIBITIONS AND VIRTUAL AUTHOR TALKS. PEQUOT DESIGNS THESE PROGRAMS AND EXHIBITIONS USING ITS NOTABLE SPECIAL COLLECTIONS OF RARE BOOKS, MANUSCRIPTS, AND ARCHIVES AS INSPIRATION. SPECIAL EVENT FUNDRAISERS INCLUDE USED BOOK SALES, A PARTY INSPIRED BY DERBY DAY, THE SOUTHPORT GARDEN STROLL AND OTHER EVENTS UNIQUE TO PEQUOT LIBRARY LIKE AUTHOR TALKS AND COMMUNITY ART SHOWS. IN 2023-2024, PROGRAM ATTENDANCE TOTALED 34,918 (INCLUDES 1,892 PARTICIPANTS IN SELF-DIRECTED ACTIVITIES AND VIEWS OF PRE-RECORDED PROGRAMMING); 23,769 PATRONS UTILIZING LIBRARY SERVICES IN PERSON AND WHEN COMBINED WITH WEB USERS VISITING THE LIBRARY'S WEBSITE, PEQUOT SERVED A TOTAL OF 108,687 PATRONS. PEQUOT FURTHER SERVES THE COMMUNITY THROUGH THE BOOKS FOR TEACHERS PROGRAM, SUPPORTED BY GRANT FUNDING FROM THE RENE B. FISHER FOUNDATION. THIS PROGRAM ALLOWED THE LIBRARY TO PROVIDE FREE BOOKS TO 267 TEACHERS IN BRIDGEPORT, NEW HAVEN, AND OTHER LOW INCOME COMMUNITIES WHO SHOPPED AT THE ANNUAL SUMMER BOOK SALE AND THE ANNUAL MIDWINTER BOOK SALE. THE LIBRARY ALSO DONATED BOOKS TO AREA SENIOR CENTERS AND OTHER GROUPS IN NEED OF GENTLY USED BOOKS. SPECIAL COLLECTIONS AND EXHIBITIONS;THE SPECIAL COLLECTIONS OF RARE BOOKS, MANUSCRIPTS, AND ARCHIVES IS PART OF THE ORIGINAL LEGACY OF PEQUOT LIBRARY. VIRGINIA MARQUAND MONROE, IN COLLABORATION WITH HER HUSBAND, ELBERT MONROE, AND HER ADVISOR, REVEREND WILLIAM HOLMAN, CAREFULLY SELECTED AND GIFTED TO THE LIBRARY AN EXTRAORDINARY COLLECTION OF AMERICANA MATERIALS CENTERING AROUND THE FOUNDING OF THE NATION. MARY CATHERINE HULL WAKEMAN, ANOTHER SOUTHPORT PHILANTHROPIST, ALSO FUNDED AND CONTRIBUTED AN INCREDIBLY VALUABLE PORTION OF THE LIBRARY'S ORIGINAL COLLECTION. IN 2023-2024, PEQUOT LIBRARY'S SPECIAL COLLECTIONS AROUND 30,000 RARE BOOKS, MANUSCRIPTS, AND DOCUMENTS FROM THE 15TH CENTURY AND EARLIER TO PRESENT, THAT HELP ILLUMINATE THE HISTORY OF THE LOCAL AREA AND BEYOND. NEARLY 2,000 OF THE RARE PUBLISHED WORKS AND MANUSCRIPTS ARE CURRENTLY ON LONG-TERM LOAN TO YALE UNIVERSITY'S BEINECKE RARE BOOK AND MANUSCRIPT LIBRARY.CURRENT AND RECENT EXHIBITIONS OF THE SPECIAL COLLECTION HAVE INCLUDED THE BOOK BEAUTIFUL: SELECTIONS FROM THE PRIVATE PRESS MOVEMENT; HOW WILLIAM BECAME SHAKESPEARE: FOUR HUNDRED YEARS OF THE FIRST FOLIO; CHARTING YOUR COURSE; CUTTING-EDGE NAVIGATION AND SEAFARING; WASTE NOT: PRESERVATION AT PLAY; AND EARLY AMERICAN CHILDREN'S BOOKS AND THE SHAPING OF NATIONAL IDENTITY. 1288394 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 1 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CT X X STEPHANIE J COAKLEY 2032590346 720 PEQUOT AVENUE SOUTHPORT CT 06890 STEPHANIE J COAKLEY EXECUTIVE DIRECTOR 40.00 X 145855 0 12344 COKE ANNE WILCOX PRESIDENT 3.00 X X 0 0 0 ELLEN LEVINSON TREASURER 1.00 X X 0 0 0 KELLY D LAFERRIERE ASSISTANT TREASURER 3.00 X X 0 0 0 LYNNE LAUKHUF SECRETARY (AS OF 10/23) 2.00 X X 0 0 0 NELSON NORTH EX-OFFICIO 3.00 X X 0 0 0 CAROLINE CALDER EXECUTIVE VICE PRESIDENT 1.00 X X 0 0 0 CHRISTOPHER WRIGHT VP OF INVESTMENTS 3.00 X 0 0 0 LYNNE VAN WINKLE SECRETARY (UNTIL 10/23)/DIRECTOR 2.00 X 0 0 0 ALI FELLOWES TRUSTEE (BEG. 10/23) 1.00 X 0 0 0 CAROLINE HARRIS GIBSON TRUSTEE 1.00 X 0 0 0 BOB JOHNSON TRUSTEE (BEG. 10/23) 1.00 X 0 0 0 JENNIFER BRADFORD KENNEDY TRUSTEE (UNTIL 10/23) 1.00 X 0 0 0 THOMAS LAWLOR TRUSTEE (UNTIL 10/23) 1.00 X 0 0 0 DAN MCHALE TRUSTEE 1.00 X 0 0 0 JAMES POWERS TRUSTEE (UNTIL 10/23) 1.00 X 0 0 0 MARGARET RIECK TRUSTEE 1.00 X 0 0 0 CHARLOTTE ROGAN TRUSTEE 1.00 X 0 0 0 BELINDA SHEPARD TRUSTEE 1.00 X 0 0 0 BLYTHE BRACEY SMITH TRUSTEE 1.00 X 0 0 0 BOB SVENSK TRUSTEE (BEG. 10/23) 1.00 X 0 0 0 LIBBY MCKINNEY TRITSCHLER TRUSTEE 1.00 X 0 0 0 JOHN TURITZIN TRUSTEE (BEG. 10/23) 1.00 X 0 0 0 MATTHEW WAGNER TRUSTEE 1.00 X 0 0 0 RICHARD WEBB TRUSTEE 1.00 X 0 0 0 145855 0 12344 1 0 1 0 0 73921 350000 706935 12505 1130856 LIBRARY PROGRAMS 611710 174826 174826 174826 112420 112420 32754 0 32754 32754 32754 1589196 1555426 33770 33770 33770 300967 73921 104076 196891 196891 OTHER INCOME 900099 5788 5788 5788 1687305 174826 0 381623 157848 113713 13107 31028 601994 433697 49964 118333 15069 10857 1250 2962 46062 33185 3822 9055 55471 39963 4604 10904 75200 15593 40115 19492 23811 23811 109751 36682 35856 37213 76792 58105 4847 13840 59572 40882 5648 13042 9735 7955 401 1379 240584 240584 40657 30787 2983 6887 BOOKS & MATERIALS 109960 105833 1223 2904 REPAIRS & MAINTENANCE 106628 73272 10081 23275 LIBRARY AUTOMATION SERV 33592 19823 2153 11616 34697 27463 2040 5194 1797423 1288394 201905 307124 645392 917608 4000 2000 376 12487 46118 47713 7276551 3439124 4054840 3837427 3347061 3509047 0 38045 8097787 8364327 123131 143564 12300 6025 2500 38427 137931 188016 X 6687133 6696004 1272723 1480307 7959856 8176311 8097787 8364327 -110118 326573 0 X 0 1 X 1 0 X 1132577 1970936 757675 899720 1130856 5891764 1132577 1970936 757675 899720 1130856 5891764 361521 5530243 95346 60988 84859 144345 145174 530712 214672 90601 226665 263136 306755 1101829 7524305 644132 0.73500 0.69980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 4,586. 2020 AMOUNT: $ 1,078. 2021 AMOUNT: $ 1,595. 2022 AMOUNT: $ 1,703. 2023 AMOUNT: $ 5,788. GROSS INCOME FROM FUNDRAISING - 2019 AMOUNT: $ 210,086. 2020 AMOUNT: $ 89,523. 2021 AMOUNT: $ 225,070. 2022 AMOUNT: $ 261,433. 2023 AMOUNT: $ 300,967. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 3323257 446764 234041 23812 3512168 3324212 300610 278000 23565 3323257 3985348 250000 -595303 285000 30833 3324212 3478327 999411 465209 27181 3985348 3708618 -21329 181272 27690 3478327 0.70930 0.12200 0.16870 0 0 25140 25140 6997860 3211438 3786422 221418 196262 25156 32133 31424 709 3837427 RIGHT OF USE ASSET - LIABILITY 38427 38427 2094143 326573 104076 430649 1663494 23811 23811 1687305 1877688 104076 104076 1773612 23811 23811 1797423 PART III, LINE 4: THE ORGANIZATION DOES NOT CAPITALIZE ITS SPECIAL COLLECTIONS. THE COLLECTIONS INCLUDE RARE BOOKS, MANUSCRIPTS AND ARCHIVES OF HISTORICAL SIGNIFICANCE AND OTHER EPHEMERA OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. EACH OF THE ITEMS ARE PRESERVED AND CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUES 104,076. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUES 104,076. BOOK SALE 131502 6500 125002 20219 1733 600 10858 DERBY 99922 27306 72616 4123 8217 2270 9361 2 143464 40115 103349 786 16827 10119 18963 374888 73921 300967 25128 26777 12989 39182 104076 196891 0 0 0 0 0 0 0 1 0 STEPHANIE J COAKLEY EXECUTIVE DIRECTOR 136855 0 9000 0 0 0 4376 0 7968 0 158199 0 0 0 PART I, LINE 7 A PORTION OF THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE INCLUDED AN ANNUAL PERFORMANCE BONUS BASED ON PERFORMANCE AND ANNUAL REVIEW PERFORMED BY THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 AS PART OF THE BOARD'S ONGOING REVIEW PROCESS, MEMBERS IDENTIFIED A NEED TO REVISE THE LATEST BY-LAWS, LAST ADOPTED IN 2014, WITH A FEW CHANGES AND IMPROVEMENTS. THE LIBRARY MEMBERSHIP VOTED TO APPROVE BY-LAWS REVISIONS AT ITS OCTOBER 2023 ANNUAL MEETING. A SIGNIFICANT CHANGE WAS TO COMBINE THE STANDING COMMITTEES - FINANCE AND INVESTMENTS LED BY CO-CHAIRS, THE BOARD TREASURER AND VICE PRESIDENT OF INVESTMENTS. OTHER CHANGES INCLUDE CLARIFICATION ABOUT PROXY VOTING AND QUORUMS, ADDING BOARD PRESIDENT TO SERVE ON THE NOMINATING COMMITTEE, ADDITION OF TWO COMMITTEES, AND THE ABILITY OF THE EXECUTIVE COMMITTEE TO APPOINT AD HOC/ADVISORY COMMITTEES. FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON WHO SHALL MAKE AN APPROPRIATE ANNUAL CONTRIBUTION SHALL BE A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE LIBRARY'S OFFICERS AND MEMBERS OF THE BOARD OF TRUSTEES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE FINANCE AND INVESTMENTS COMMITTEE PRIOR TO FILING FOR APPROVAL. THE FORM 990 IS THEN PRESENTED BY THE FINANCE AND INVESTMENTS COMMITTEE TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION'S OFFICERS, EXECUTIVE DIRECTOR, KEY EMPLOYEES, AND TRUSTEES ARE REQUIRED TO FILL OUT CONFLICT OF INTEREST STATEMENTS ANNUALLY AND ARE REVIEWED AND MONITORED YEARLY AT A BOARD MEETING FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE FULL BOARD OF TRUSTEES, WHICH ALSO ACTS AS THE COMPENSATION COMMITTEE, HAS THE RESPONSIBILITY TO ANNUALLY REVIEW AND APPROVE THE PRESIDENT, OFFICERS AND KEY EMPLOYEES COMPENSATION, WHICH PROCESS AND APPROVAL IS DOCUMENTED. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION FROM SIMILAR AREA NOT-FOR-PROFIT ORGANIZATIONS. THIS PROCESS WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.