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

The New York Public Library

A cornerstone of the American tradition of equal opportunity

four stars

91.41

Stephen A. Schwarzman Building Fifth Avenue and 42nd Street
New York, NY 10018
tel: (212) 592-7405   Web Site
EIN: 13-1887440

Board Leadership
Evan R. Chesler
Chairman

CEO
Anthony W. Marx
President

  Score
(out of 100)
Rating
Overall Score & Rating 91.41 four stars
  Financial 88.24 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 02/01/2018 and includes data from FY2016, the most recent 990 received at that time.

The mission of The New York Public Library is to inspire lifelong learning, advance knowledge, and strengthen our communities.

The New York Public Library is a free provider of education and information for the people of New York and beyond, operating 90 libraries-including research and branch libraries-throughout the Bronx, Manhattan, and Staten Island. The Library system offers free materials, computer access, classes, exhibitions, programming and more to everyone from toddlers to scholars, and has seen record numbers of attendance and circulation in recent years, with more than 18 million visits in Fiscal Year 2012. The New York Public Library also serves millions more around the globe online through its website and its extensive social media presence.

The mission of The New York Public Library is to inspire lifelong learning, advance knowledge, and strengthen our communities.

The New York Public Library is a free provider of education and information for the people of New York and beyond, operating 90 libraries-including research and branch libraries-throughout the Bronx, Manhattan, and Staten Island. The Library system offers free materials, computer access, classes, exhibitions, programming and more to everyone from toddlers to scholars, and has seen record numbers of attendance and circulation in recent years, with more than 18 million visits in Fiscal Year 2012. The New York Public Library also serves millions more around the globe online through its website and its extensive social media presence.

Impact Information

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Financial

three stars

88.24

Accountability & Transparency

four stars

97.00

This rating was published 02/01/2018 and includes data from FY2016, 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)
84.9%
  Administrative Expenses 11.8%
  Fundraising Expenses 3.2%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 2.56
  Program Expenses Growth 4.8%
  Liabilities to Assets 22.7%
All data for Financial Performance Metrics calculations was provided by The New York Public Library on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The New York Public Library on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The New York Public Library (NY) 91.41 four stars
Louisville Free Public Library Foundation (KY) 93.15 four stars
Denver Public Library Friends Foundation (CO) 87.78 three stars
Friends of the Hennepin County Library (MN) 86.84 three stars
Greenwich Library (CT) 89.39 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $41,019,311
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $5,584,532
   Related Organizations $0
   Government Grants $212,285,242
Total Contributions $258,889,085
   Program Service Revenue $3,341,149
Total Primary Revenue $262,230,234
   Other Revenue $37,617,638
TOTAL REVENUE $299,847,872
   
EXPENSES  
   Program Expenses $285,247,739
   Administrative Expenses $38,809,388
   Fundraising Expenses $11,147,735
TOTAL FUNCTIONAL EXPENSES $335,204,862
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-35,356,990
   
Net Assets $1,263,731,441

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
Branch Libraries $174,000,714 61.0%
Research Libraries $111,247,025 39.0%

Ratings History
The New York Public Library has received 9 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 02/01/2018 91.41 four stars
2015-06 12/01/2016 91.76 four stars
2014-06 06/01/2016 92.65 four stars
 
CN 2.0
2014-06 11/01/2015 90.79 four stars
2013-06 02/01/2015 95.66 four stars
2012-06 11/01/2013 93.15 four stars
2011-06 09/01/2012 94.13 four stars
2010-06 11/01/2011 94.69 four stars
2009-06 09/20/2011 94.96 four stars
 
CN 1.0
2009-06 11/24/2010 97.58 four stars
2008-06 10/01/2009 92.98 four stars
2007-06 04/01/2009 89.26 three stars
2006-06 04/01/2008 91.70 four stars
2005-06 07/01/2006 87.51 three stars
2004-06 07/01/2005 80.03 three stars
2003-06 06/01/2004 82.72 three stars
2002-06 09/01/2003 92.17 four stars
2001-06 10/15/2002 94.70 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 13-1887440
Name in IRS Master File THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATIONS
NTEE Code B70
NTEE Classification Libraries
NTEE Type Educational Institutions and Related Activities
Classification Educational 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 November, 1934
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

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

Compensation % of Expenses Paid to Title
$723,659 0.21% Anthony W. Marx President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The New York Public Library (NY) 91.41 four stars
Providence Public Library (RI) 86.88 three stars
The Library Foundation (OR) 95.77 four stars
Friends of the Hennepin County Library (MN) 86.84 three stars
Chicago Public Library Foundation (IL) 92.92 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The New York Public Library
Stephen A. Schwarzman Building
Fifth Avenue and 42nd Street
New York, NY 10018
tel: (212) 592-7405
EIN: 13-1887440

Visit Web Site

Board Leadership

Evan R. Chesler
Chairman

CEO

Anthony W. Marx
President

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