2024-05-15T12:36:22-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 820290944 The Community Library Association Inc COMM 2087263493 PO Box 2168 Ketchum ID 83340 Mike Wade Board Chair 2087263493 2024-05-14 1 Mike Wade 999009999 1 Kim Hunwardsen CPA P00484560 6122536500 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Mike Wade PO Box 2168 Ketchum ID 83340 7982399 0 X www.comlib.org X 1955 ID To bring information, ideas, and individuals together to enhance the cultural life of the community. The Community Library Association is a privately funded, privately-governed, publicly-minded cultural institution including a library, a museum, and the Hemingway House and Preserve. The overarching priorities of The Community Library Association are to promote literacy, encourage community conversations, provide contemplative space, foster creativity and deepen a sense of place in central Idaho. 15 15 62 35 136286 0 3957712 4592673 17660 8898 298967 336877 193738 125120 4468077 5063568 20466 39721 0 0 2102584 2450660 0 0 1347358 2008073 2098380 4131123 4588761 336954 474807 24030804 28732293 280538 3509344 23750266 25222949 X The Community Library brings information, ideas, and individuals together to enhance the cultural life of the community. 0 0 2109668 The Community Library Association includes a Main Library, a Children's Library and bookmobile, a Learning Commons, and a Center for Regional History. Approximately 100,000 visitors came to the Community Library in the past fiscal year; more than 140,000 items were circulated; and approximately 10,000 adults and children attended free programs and classes. The collection includes approximately 80,000 physical circulating items and also digital resources, including access to online databases and learning platforms. All of these services are provided to the public for free. 288061 39721 8898 The Community Library provides free educational programs to both adults and children. These include lectures, author readings, story time, a summer reading program, and community book clubs. Many of these educational programs are available virtually, and this continues to be a popular option. The Community Library presents the Sun Valley Early Literacy Summit in June. The Sun Valley Early Literacy Summit is a 3-day educational seminar for teachers of kindergarten through third grade which focuses on methods to improve literacy instruction. 31 teachers attended this year. 25 teachers attended a 1-day reunion seminar. 278453 The Library's Center for Regional History houses a collection of more than 10,000 photographs, 500 oral histories, 2,000 books, and also maps, documents, three-dimensional objects, and ephemera. It includes a special Ernest Hemingway collection pertaining to the author's extensive time spent in the Sun Valley area. It also is responsible for the stewardship of the Historical Hemingway House and Preserve. The Center for Regional History is used by professional and amateur scholars, students, and visitors to study the history of Ketchum and Sun Valley, and Central Idaho generally. (Continued on Schedule O)The history museum was relocated and renamed the Wood River Museum of History and Culture. All of the exhibits were completely redesigned, and the location is within a block of the Library. In addition to the museum space, the Center for Regional History added a 900 square foot storage space in the lower level of the same building. This move and redesign better enables the Center for Regional History to connect with the public and maintain collections in a more professional manner. The new Museum opened at the beginning of the following fiscal year. 2676182 1 1 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 44 0 1 62 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Lisa McGraw 2087263493 PO Box 2168 Ketchum ID 83340 Donna Delahorne Chair 3.00 X X 0 0 0 Julie Weston Vice Chair/Regional History Chair 2.00 X X 0 0 0 Mike Wade Vice Chair 2.00 X X 0 0 0 Enid Rawlings Secretary (thru Dec 2022) 1.50 X X 0 0 0 Lisa Briggs Whorton Secretary 1.50 X X 0 0 0 Tom Benson Treasurer 2.00 X X 0 0 0 Jody Beckwith Treasurer (thru Dec 2022) 2.00 X X 0 0 0 Joanne Hogue Trustee Emeritus 0.50 X 0 0 0 Joe Gunderson Trustee (as of Jan 2023) 1.00 X 0 0 0 Kathy Limburg Trustee (thru Dec 2022) 1.00 X 0 0 0 Bill Nicholson Trustee (thru Dec 2022) 1.00 X 0 0 0 Carmen Ward Trustee 1.00 X 0 0 0 Christiane Turner Trustee/Development Chair 1.50 X 0 0 0 Ellen Nasi Trustee 1.00 X 0 0 0 Ann Adamson Leonardo Trustee 1.00 X 0 0 0 James Snyder Trustee 1.00 X 0 0 0 Hank Dart Trustee (as of July 22) 1.00 X 0 0 0 Marlene Klingenfuss Trustee (as of July 22) 1.00 X 0 0 0 Jason McIlhaney Trustee (as of July 22) 1.00 X 0 0 0 Jenny Emery Davidson Executive Director 40.00 X 151671 0 54570 151671 0 54570 1 0 1 0 Elias Construction PO Box 6272 Ketchum ID 83340 Construction 833800 Three Dimensional Services INC 1525 Derwent Way Delta British Columbia CA V3M 6K8 Museum Fabrication 480008 FRAME Architecture Design and Planning 4459 Renton Avenue South Seattle WA 98108 Museum Design 139601 Concetti Design 660 De IArgon Street Quebec City Quebec CA G2N 2G5 Museum Fabrication 138583 H Property Services 7718 N Main Street Bellevue ID 83313 Janitorial 128765 5 2000 4590673 2077752 4592673 Program Fees 524298 8898 8898 8898 204353 204353 883433 750909 132524 132524 132524 2293042 2167922 125120 136286 -11166 5063568 8898 136286 325711 39721 39721 195451 85998 60590 48863 1853149 919983 92130 841036 45862 22039 3072 20751 207916 99187 18289 90440 148282 73693 8931 65658 109279 32104 77175 30000 30000 46238 13584 32654 102843 74985 377 27481 63473 26353 20354 16766 86591 85848 743 452755 175743 137354 139658 36519 23149 4950 8420 663044 663044 42180 28292 13888 Income Taxes 22011 22011 Library Collection 171288 171288 Programming Expenses 169501 155437 14064 Bank & Merchant Fees 63906 1006 1810 61090 38752 13020 13168 12564 4588761 2676182 565221 1347358 621064 572627 299059 5371 1040177 1303470 20879216 4338518 15185415 16540698 6882089 7302523 3000 3007604 24030804 28732293 176282 367693 17324 17324 86932 3124327 280538 3509344 X 21033532 22313197 2716734 2909752 23750266 25222949 24030804 28732293 474807 332424 665452 0 X 0 1 X 1 0 X 7086607 3886736 3934855 3957712 4592673 23458583 5994 16370 1966 17660 8898 50888 1528006 1366594 1493727 1951197 2040376 8379900 72000 72000 54000 54000 252000 8620607 5341700 5502548 5980569 6695947 32141371 3749322 396181 199000 297000 225095 4866598 0 3749322 396181 199000 297000 225095 4866598 27274773 168759 134600 144514 261265 204353 913491 31642 23372 51751 106765 200401 134600 167886 313016 204353 1020256 8821008 5476300 5670434 6293585 6900300 33161627 0.82250 0.76720 0.03080 0.03020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 11.76 0 0 0 1 1 8.00 0 X X X 0 6448279 650247 238953 6859573 7578543 -1105586 24678 6448279 6320140 1375128 116725 7578543 6326430 176416 182706 6320140 7141637 399826 1215033 6326430 0.94533 0.05467 0.00000 1 1 0 188497 188497 15620790 3179738 12441052 1721627 890797 830830 3348302 267983 3080319 16540698 Deposits 3000 Operating Right of Use Assets 3004604 3007604 275 Unclaimed Checks 1934 Deferred Compensation Payable 104148 Operating Lease Liability 3017970 3124327 X 6188684 332424 822692 1155116 5033568 30000 30000 5063568 4716001 157240 157240 4558761 30000 30000 4588761 Part II, Line 5: The easement is monitored annually by The Nature Conservancy, and they are contacted if there are any issues in between annual monitorings. Part II, Line 9: The Hemingway Preserve consists of 13.96 acres of land and property that was donated to the Community Library in May 2017 by the Nature Conservancy. A Conservation Easement encumbers 11.76 acres of the property with the purpose of preserving and protecting in perpetuity the conservation values as well as the cultural values aligned with the landowner's mission. The Library also may not sell or transfer the Property without approval from the Nature Conservancy until May 2024. Any purchaser or transferee must be a charitable organization or governmental entity. Part III, Line 1a: Collection items consist of historical archival and artifact items such as books, documents, skiing and mining paraphernalia that are held for public exhibition, educational purposes and preservation for future generations. Each of the items are cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. Collection items are insured through a blanket limit covering all business property at all locations. Collection items acquired through purchase or donation are not capitalized. Purchases of collection items are recorded as decreases in net assets without donor restrictions if purchased with unrestricted assets and as decreases in net assets with donor restrictions if purchased with donor restricted assets. Contributions of collection items are not recognized in the statement of activities. Proceeds from deaccessions or insurance recoveries are reflected on the statement of activities based on the absence or existence and nature of donorimposed restrictions. Collection items are protected, kept unencumbered, cared for and preserved. Part III, Line 4: The Community Library collections contain around 110,000 items. This includes about 80,000 circulating items ranging from books to DVDs to magazines and more, covering a wide range of topics and genres, and materials for all ages. These circulating items further the Library's mission of bringing information, ideas and individuals together to enhance the cultural life of our community by promoting literacy, encouraging community conversations, and fostering creativity. The Jeanne Rodger Lane Center for Regional History contains at least 30,000 items such as historic photographs, maps and ephemera, and books and periodicals about local and regional history, with collections on skiing and winter sports, Hemingway, and other facets of local history. These materials serve to deepen a sense of place in central Idaho. Part V, Line 4: Board Designated Endowment: To provide guaranteed income for the Library. Permanent Endowment: To preserve, operate, and manage the Hemingway Property. Part X, Line 2: Management believes that the Library has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Library would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 Travel stipend and textbooks 53 16850 22871 Cost Textbooks Part I, Line 2: Stipends were given to teachers who attended the three day Sun Valley Early Literacy Summit. In county attendees were given $200, and out of county attendees were given $500. The awards were to help cover the cost of attending the seminar, such as, but not limited to, travel, lodging, or childcare expenses. The funds were given out at the end of the seminar to ensure that attendees participated fully. X 0 0 0 0 0 0 0 0 0 Jenny Emery Davidson Executive Director 151616 0 0 0 55 0 44610 0 9960 0 206241 0 0 0 X 1 500 FMV X 2040376 FMV X 3 36876 FMV 0 0 0 0 Part I, Column (b): Column (b) represents the number of contributions received during the year. Form 990, Part VI, Section A, line 1a The Executive Committee consists of the Chair, the Vice Chair(s), the Secretary, and the Treasurer, as well as the Executive Director. The Committee may act on behalf of the board between meetings of the Board and shall have and exercise such specific powers as prescribed by the Bylaws or as the Board shall direct. The Executive Director is not a voting member of the Board of Directors. Form 990, Part VI, Section B, line 11b The return is reviewed by the Chair, Vice Chair, Treasurer, and Chair of the Governance Committee. The Tax Return is then provided to the entire board for review prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Board officers and management continually monitor for any potential conflicts of interest, actual or perceived. If a conflict of interest arises, it is dealt with in a manner that serves in the best interest of the organization. Any possible conflict of interest shall be disclosed by the person concerned, or by any person who gains knowledge of any possible conflicts of interest, to the Chair. If that person is the Chair, such possible conflict of interest shall be disclosed to the Vice Chair or the Executive Committee. When any conflict of interest is relevant to a matter requiring action by the Board or any committee, the interested person shall call it to the attention of the Board, or the committee, and such person shall not vote on the matter, nor shall such person be counted in determining the presence of a quorum at a meeting of the Board or a committee for such vote. Form 990, Part VI, Section B, line 15a The Community Library utilizes a search firm and uses comparable data from similar non-profit organizations both locally and nationally. The Board of Trustees reviews the Executive Director's salary on an annual basis and any changes are documented in personnel records. Form 990, Part VI, Section C, line 19 All required documents are made available upon request.