2025-09-02T17:12:32-05:00 2024-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2024-01-01 131635307 THE TRUSTEES OF THE NEW YORK SOCIETY LIBRARY TRUS 2122886900 53 EAST 79TH STREET NEW YORK NY 10075 CAROLYN WATERS HEAD LIBRARIAN 2122886900 2025-08-22 1 1 FREDERICK MARTENS P00298107 2126972299 2024 2025-03-06 01:10:19Z CAROLYN WATERS 53 EAST 79TH STREET NEW YORK NY 10075 75602650 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 34 30 0 0 1152067 3403389 771482 804744 1626388 27166132 40553 39890 3590490 31414155 11000 11000 0 0 2282902 2424266 0 0 369354 1515566 1585783 3809468 4021049 -218978 27393106 55306942 62744093 462925 1248807 54844017 61495286 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 3103746 11000 823386 EVENTS AND EXHIBITIONSTHE LIBRARY IS OPEN TO THE PUBLIC FOR READING, REFERENCE,EXHIBITIONS, AND MANY EVENTS, WITH CIRCULATION AND OTHER SERVICES BYSUBSCRIPTION. AT END OF 2024, THE LIBRARY COUNTED 3,098 FAMILY, DUAL,INDIVIDUAL, E-MEMBERSHIP AND SCHOOL/INSTITUTIONAL MEMBERSHIPS. THELIBRARY HOUSES A COLLECTION OF OVER 300,000 VOLUMES, AND CIRCULATEDAPPROXIMATELY 55,000 TITLES TO MEMBERS IN 2024 AND LENT OUT 513 BOOKS TO 282 LIBRARIES IN 47 STATES 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 NONMEMBERS.THE LIBRARY OFFERED OVER 276 PROGRAMS IN 2024, WITH PROGRAMMING HELDIN-PERSON, VIRTUALLY, AND HYBRID, WITH AN AUDIENCE IN THE THOUSANDS.THE ASSUNTA, IGNAZIO, ADA, AND ROMANO PELUSO EXHIBITION GALLERY, OPENTO THE PUBLIC, SHOWCASES RARE BOOKS AND MATERIALS ON LITERARY ANDHISTORICAL THEMES. IN 2024, THE LIBRARY OPENED ITS 270TH ANNIVERSARYEXHIBITION, TITLED A BELIEF IN BOOKS. 3103746 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 47 0 1 34 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 RALPH S BROWN JR BOARD MEMBER 2.00 X 0 0 0 ADA PELUSO 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 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 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 168132 0 7407 SARA E HOLLIDAY HEAD OF EVENTS 40.00 X 114052 0 34450 CHRISTOPHER HENRY BUILDING SUPERINTENDENT 40.00 X 102695 0 38305 384879 0 80162 3 0 1 0 STERLING PROJECT DEVELOPMENT GROUP LLC 111 GREAT NECK ROAD SUITE 408 GREAT NECK NY 11021 CONSULTING AND PRECONSTRUCTION 213450 LARSON ARCHITECTURE WORKS 501 5TH AVE NEW YORK NY 100177111 ARCHITECT 196487 HIRTLE CALLAGHAN & CO 300 BAR HARBOR DR CONSHOHOCKEN PA 19428 INVESTMENT MANAGER 192439 BACKOFFICE THINKING 1129 S HIGH STREET SUITE 209 WEST CHESTER PA 19382 SOFTWARE DEVELOPER 144700 4 3403389 831029 3403389 MEMBERSHIPS 900099 765785 765785 LECTURES AND EVENTS 900099 28387 28387 BOOK FINES AND SALES 900099 9946 9946 PHOTOCOPY FEES 900099 448 448 POSTAGE REIMBURSEMENT 900099 178 178 804744 5543489 5543489 21248 21248 65811138 44188495 21622643 21622643 21622643 MISCELLANEOUS INCOME 900099 18642 18642 18642 31414155 823386 0 27187380 11000 11000 175539 135165 15799 24575 1827693 1481520 139312 206861 43049 35023 3238 4788 216632 174860 16764 25008 161353 130240 12486 18627 7854 7854 29694 29694 222962 222962 13700 13700 74206 65921 3325 4960 223982 187639 14585 21758 306580 301797 2606 2177 176733 173976 1502 1255 62970 61988 535 447 LIBRARY MATERIALS 180551 180551 EXHIBITIONS AND EVENTS 157585 157585 DEVELOPMENT EVENTS 57971 57971 OTHER EXPENSES 47707 6481 40299 927 23288 23288 4021049 3103746 547949 369354 578032 231298 35057 8373 118307 448793 137086 162093 11691188 6166570 2790446 5524618 51648014 56368918 55306942 62744093 126906 894754 336019 354053 462925 1248807 X 51789607 56050863 3054410 5444423 54844017 61495286 55306942 62744093 27393106 -20741837 0 X 0 1 X 1 0 X 2004386 2023278 1464741 1152067 3403389 10047861 2004386 2023278 1464741 1152067 3403389 10047861 1144474 8903387 658027 537744 778267 685530 5564737 8224305 49480 33788 34384 40553 18642 176847 18449013 3623539 0.48260 0.51740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 49550508 6201333 1954136 53797705 41146061 10301349 1896902 49550508 51230591 -8276623 1807907 41146061 44188454 275000 8481249 1714112 51230591 40319600 537371 4961021 1629538 44188454 0.99626 0.00205 0.00170 0 0 115000 115000 6327188 4818573 1508615 631355 593699 37656 4617645 754298 3863347 5524618 10449356 -20741837 -20741837 31191193 222962 222962 31414155 3798087 0 3798087 222962 222962 4021049 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 148132 0 20000 0 0 0 7407 0 0 0 175539 0 0 0 X 13 831029 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.