Utica Public Library
Utica Public Library maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 150618132 · Utica, NY · Updated: 2026-03-28
Is Utica Public Library Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Utica Public Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Utica Public Library
Utica Public Library (EIN: 150618132) is a nonprofit organization based in Utica, NY. The organization reported total revenue of $2.2M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utica Public 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 Utica Public Library with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Utica Public Library allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, indicating that executive leadership is either unpaid or compensated below the reporting threshold, which is highly favorable for a nonprofit of its size with assets approaching $6 million.
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.
Strengths
The following positive indicators were identified for Utica Public Library:
- Consistent asset growth over the past decade, from $4.8M to $5.6M.
- No reported officer compensation across all 13 filings, indicating high efficiency.
- Stable financial operations with revenues generally covering expenses.
- Manageable liabilities relative to assets, ensuring financial stability.
Frequently Asked Questions about Utica Public Library
Is Utica Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Utica Public Library (EIN: 150618132) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Utica Public Library spend its money?
Utica Public Library directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Utica Public Library tax-deductible?
Utica Public Library is registered as a tax-exempt nonprofit (EIN: 150618132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Utica Public Library a good charity?
Based on the available financial data, Utica Public Library appears to be a well-managed organization. It consistently directs its resources towards its mission, as evidenced by no reported officer compensation and stable financial growth.
How has the library's financial position changed over the last decade?
Over the last decade, the library's assets have grown from $4,887,884 in 2015 to $5,696,641 in 2024, demonstrating a positive trend in its financial position. Revenues and expenses have fluctuated but generally remained balanced.
What is the trend in the library's revenue?
Revenue has fluctuated year-to-year, ranging from a low of $1,247,440 in 2021 to a high of $1,710,603 in 2023. The latest reported revenue for 2024 was $1,484,273, indicating a generally stable but not consistently increasing revenue stream.
Filing History
IRS 990 filing history for Utica Public Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Utica Public Library's revenue has grown by 24.5%, moving from $1.2M to $1.5M. Total assets increased by 26.9% over the same period, from $4.5M to $5.7M. Total functional expenses rose by 4.4%, from $1.6M to $1.6M. In its most recent filing year (2024), Utica Public Library reported a deficit of $144K, with expenses exceeding revenue. The organization holds $966K in liabilities against $5.7M in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.6M | $5.7M | $966K | — | View 990 |
| 2023 | $1.7M | $1.5M | $5.5M | $913K | — | — |
| 2022 | $1.3M | $1.3M | $5.4M | $852K | — | View 990 |
| 2021 | $1.2M | $1.2M | $5.4M | $800K | — | — |
| 2020 | $1.3M | $1.4M | $5.0M | $935K | — | View 990 |
| 2019 | $1.5M | $1.4M | $5.2M | $787K | — | View 990 |
| 2018 | $1.5M | $1.4M | $5.1M | $830K | — | View 990 |
| 2017 | $1.3M | $1.3M | $5.1M | $767K | — | View 990 |
| 2016 | $1.3M | $1.4M | $5.0M | $751K | — | View 990 |
| 2015 | $1.5M | $1.3M | $4.9M | $494K | — | View 990 |
| 2014 | $1.7M | $1.3M | $5.0M | $808K | — | View 990 |
| 2013 | $1.4M | $1.4M | $4.6M | $804K | — | View 990 |
| 2012 | $1.2M | $1.6M | $4.5M | $824K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.6M, and assets of $5.7M (revenue -13.2% year-over-year).
- 2023: Revenue of $1.7M, expenses of $1.5M, and assets of $5.5M (revenue +33.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $5.4M (revenue +2.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $5.4M (revenue -3.0% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $5.0M (revenue -12.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $5.2M (revenue -3.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $5.1M (revenue +15.0% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $5.1M (revenue +4.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $5.0M (revenue -15.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $4.9M (revenue -14.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.3M, and assets of $5.0M (revenue +27.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $4.6M (revenue +13.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.6M, and assets of $4.5M.
Data Sources and Methodology
This transparency report for Utica Public 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.