East Hampton Library
East Hampton Library maintains strong assets and low liabilities with consistent operational activity.
EIN: 111723811 · East Hampton, NY · Updated: 2026-03-28
About East Hampton Library
East Hampton Library (EIN: 111723811) is a nonprofit organization based in East Hampton, NY. The organization reported total revenue of $6.0M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Hampton Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates East Hampton Library with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, East Hampton Library allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, suggesting that the organization's leadership may be volunteer-based or compensated through non-officer roles, which is unusual for an organization with over $3 million in annual expenses and $16 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of East Hampton Library's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data prevents full spending efficiency analysis.
- Consistent 0% officer compensation reported across all filings for an organization of this size and revenue warrants further investigation into leadership compensation practices.
Strengths
The following positive indicators were identified for East Hampton Library:
- Strong and consistent asset base, exceeding $16 million in recent years, indicating financial stability.
- Very low liabilities, typically under $300,000, demonstrating prudent financial management and low debt.
- Consistent revenue generation, generally between $2.7 million and $3.9 million annually, supporting ongoing operations.
- Positive net assets (Assets - Liabilities) consistently in the multi-million dollar range, showing a healthy financial position.
Frequently Asked Questions about East Hampton Library
How are the organization's key executives and officers compensated if 'Officer Comp' is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that either the leadership is entirely volunteer-based, or their compensation is categorized differently within the IRS 990, such as 'salaries and wages' for non-officer employees, which would require reviewing the full 990 for clarity.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. A review of the full IRS 990, specifically Part IX, Statement of Functional Expenses, would be necessary to determine these percentages accurately.
Given the significant assets, what is the organization's investment strategy and how does it contribute to revenue?
With assets consistently over $16 million, understanding the investment strategy and how investment income contributes to the reported revenue (e.g., $6,013,862 latest revenue) would provide insight into the sustainability and growth of the library's financial resources.
Filing History
IRS 990 filing history for East Hampton Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), East Hampton Library's revenue has grown by 68.5%, moving from $2.2M to $3.7M. Total assets increased by 98.8% over the same period, from $8.3M to $16.6M. Total functional expenses rose by 95.7%, from $2.0M to $4.0M. In its most recent filing year (2023), East Hampton Library reported a deficit of $238K, with expenses exceeding revenue. The organization holds $292K in liabilities against $16.6M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $16.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $4.0M | $16.6M | $292K | — | View 990 |
| 2022 | $3.2M | $3.6M | $16.0M | $245K | — | View 990 |
| 2021 | $3.9M | $3.3M | $17.9M | $261K | — | View 990 |
| 2020 | $2.9M | $3.0M | $17.4M | $230K | — | View 990 |
| 2019 | $2.9M | $3.2M | $16.8M | $205K | — | View 990 |
| 2018 | $3.9M | $3.0M | $15.8M | $188K | — | View 990 |
| 2017 | $3.3M | $2.9M | $15.5M | $158K | — | View 990 |
| 2016 | $2.7M | $2.6M | $14.6M | $158K | — | View 990 |
| 2015 | $3.1M | $2.7M | $14.3M | $148K | — | View 990 |
| 2014 | $4.0M | $2.5M | $14.6M | $768K | — | View 990 |
| 2013 | $3.2M | $2.2M | $13.3M | $961K | — | View 990 |
| 2012 | $4.9M | $2.1M | $11.2M | $219K | — | View 990 |
| 2011 | $2.2M | $2.0M | $8.3M | $216K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $4.0M, and assets of $16.6M (revenue +18.2% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.6M, and assets of $16.0M (revenue -18.8% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.3M, and assets of $17.9M (revenue +35.0% year-over-year).
- 2020: Revenue of $2.9M, expenses of $3.0M, and assets of $17.4M (revenue -1.9% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.2M, and assets of $16.8M (revenue -23.8% year-over-year).
- 2018: Revenue of $3.9M, expenses of $3.0M, and assets of $15.8M (revenue +17.3% year-over-year).
- 2017: Revenue of $3.3M, expenses of $2.9M, and assets of $15.5M (revenue +19.8% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.6M, and assets of $14.6M (revenue -10.5% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.7M, and assets of $14.3M (revenue -22.5% year-over-year).
- 2014: Revenue of $4.0M, expenses of $2.5M, and assets of $14.6M (revenue +23.3% year-over-year).
- 2013: Revenue of $3.2M, expenses of $2.2M, and assets of $13.3M (revenue -35.0% year-over-year).
- 2012: Revenue of $4.9M, expenses of $2.1M, and assets of $11.2M (revenue +122.5% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.0M, and assets of $8.3M.
Data Sources and Methodology
This transparency report for East Hampton Library is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.