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Arts, Culture, Humanities : Libraries, Historical Societies and Landmark Preservation

Charleston Library Society

The South's oldest cultural institution and the second oldest library in the United States.

three stars

82.34

164 King Street Charleston, SC 29401
tel: (843) 723-9912   Web Site
EIN: 57-0314372

Board Leadership
Jerrold Mitchell
President

CEO
Anne Cleveland
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 82.34 three stars
  Financial 88.20 three stars
  Accountability & Transparency 78.00 two stars
This rating was published 12/23/2020 and includes data from FY2019, the most recent 990 received at that time.

The Charleston Library Society is a cultural institution for life-long learning, serving its members, the Lowcountry community and scholars through access to its rich collection of books, manuscripts and archival material and programs promoting discussion and understanding of the ideas they contain.

The Charleston Library Society is a cultural institution for life-long learning, serving its members, the Lowcountry community and scholars through access to its rich collection of books, manuscripts and archival material and programs promoting discussion and understanding of the ideas they contain.

Financial

three stars

88.20

Accountability & Transparency

two stars

78.00

This rating was published 12/23/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
70.1%
  Administrative Expenses 20.0%
  Fundraising Expenses 9.7%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 8.68
  Program Expenses Growth 5.5%
  Liabilities to Assets 1.8%
All data for Financial Performance Metrics calculations was provided by Charleston Library Society on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Charleston Library Society on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Charleston Library Society (SC) 82.34 three stars
Long Beach Public Library Foundation (CA) 92.69 four stars
Friends of the Hennepin County Library (MN) 92.27 four stars
Nashville Public Library Foundation (TN) 87.22 three stars
Ridgefield Library Association (CT) 85.37 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,615,769
   Federated Campaigns $0
   Membership Dues $418,888
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,034,657
   Program Service Revenue $160,473
Total Primary Revenue $3,195,130
   Other Revenue $291,880
TOTAL REVENUE $3,487,010
   
EXPENSES  
   Program Expenses $1,064,999
   Administrative Expenses $287,631
   Fundraising Expenses $89,077
TOTAL FUNCTIONAL EXPENSES $1,441,707
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,045,303
   
Net Assets $12,074,221

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Collection, Preservation and Presentation of Cultural Materials $1,064,999 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 12/23/2020 82.34 three stars
2018-12 12/01/2019 90.79 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 57-0314372
Name in IRS Master File CHARLESTON LIBRARY SOCIETY
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Literary Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (61) Library
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1941
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$170,294 11.81% Anne Cleveland Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Charleston Library Society (SC) 82.34 three stars
Louisville Free Public Library Foundation (KY) 96.46 four stars
Houston Public Library Foundation (TX) 96.66 four stars
Madison Public Library Foundation (WI) 92.57 four stars
The Free Library of Philadelphia Foundation (PA) 90.91 four stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Charleston Library Society
164 King Street
Charleston, SC 29401
tel: (843) 723-9912
fax: (843) 723-3500
EIN: 57-0314372

Visit Web Site

Board Leadership

Jerrold Mitchell
President

CEO

Anne Cleveland
Executive Director

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