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Connecticut · Nonprofit

PEQUOT LIBRARY ASSOCIATION

PEQUOT LIBRARY ASSOCIATION (Connecticut) receives grants from 52 organizations whose IRS filings report $1,847,043 to it, the largest being THE DILLON FUND ($250,000). 35 of them have funded it in more than one year.

Revenue FY2025
$2.6M
Funders on record
52
Grants received
$1.8M
Net assets
$9.1M
35/52 repeat funderspeak grant-dependency 21%
01What it does

What Pequot Library Association does

Mission

Pequot library's mission is to bring culture to life, including literature, art, science and the humanities. The library serves a broad and diverse audience and throughout the year offers a circulating collection of books and media, organizes a changing schedule of art and history exhibitions, presents numerous music performances and education programs for all ages.

As stated on its FY2025 Form 990.

Program

  1. Pequot library enriches lives by serving the cultural, educational, and intellectual needs of the entire community. The library collects, preserves, and makes accessible a collection of rare books, manuscripts, and archives; provides public library services; organizes engaging programs about history, literature, and the arts; curates special collections exhibitions; and hosts community-wide gatherings in a historic setting. See schedule o for continuance of program service accomplishmentshistoric building:pequot library is proud to be the steward of a historic building designed by noted american architect robert h. Robertson, commissioned by pequot's prominent founder, virginia marquand monroe. The library was the philanthropic gift of mrs. Monroe to the village of southport, who hoped it would be a center of learning and culture with programs as "free as air to all".pequot library's historic building is a late 19th-century romanesque revival stone structure featuring a two-story stacks wing with a glass floor and a nearly acoustically-perfect auditorium with a modest 1970s addition and a great lawn suitable for a variety of outdoor activities. Pequot is listed on the national…

    $1,288,394 spent$174,826 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,288,394.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.8M) Expenses 100 ($1.1M) Net assets 100 ($7.2M)2018 Revenue 75 ($1.4M) Expenses 116 ($1.3M) Net assets 101 ($7.3M)2019 Revenue 84 ($1.5M) Expenses 121 ($1.4M) Net assets 103 ($7.5M)2020 Revenue 86 ($1.6M) Expenses 128 ($1.5M) Net assets 102 ($7.4M)2021 Revenue 149 ($2.7M) Expenses 119 ($1.4M) Net assets 127 ($9.2M)2022 Revenue 70 ($1.3M) Expenses 146 ($1.7M) Net assets 111 ($8.1M)2023 Revenue 71 ($1.3M) Expenses 145 ($1.7M) Net assets 110 ($8.0M)2024 Revenue 93 ($1.7M) Expenses 157 ($1.8M) Net assets 113 ($8.2M)2025 Revenue 142 ($2.6M) Expenses 157 ($1.8M) Net assets 126 ($9.1M)
'17'18'19'20'21'22'23'24'25
Revenue (142)Expenses (157)Net assets (126)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $7.5M to $9.5M (+26%).

$7.4M
$7.5M
$7.6M
$7.5M
$9.5M
$8.2M
$8.1M
$8.4M
$9.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 19% · 2018 26% · 2019 23% · 2020 32% · 2021 14% · 2022 28% · 2023 27% · 2024 21% · 2025 14%. Grants only. Government contracts and fees sit inside program revenue.

74% of PEQUOT LIBRARY ASSOCIATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$659k
’17
$27k
’18
$124k
’19
$88k
’20
$1.3M
’21
−$403k
’22
−$391k
’23
−$110k
’24
$752k
’25
5.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephanie J Coakley

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202323212018232526
Joined·+4+2+0+5+5+6+4+4
No longer listed·12267123
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 15 funders to 19 funders, grant income rose $90k → $226k.

7 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PEQUOT LIBRARY ASSOCIATION’s funders (the co-funder graph). Top 30 of 52 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PEQUOT LIBRARY ASSOCIATION has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

33% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PEQUOT LIBRARY ASSOCIATION.

14%
largest funder
39%
top three
~12
effective funders

Largest funder’s share by year: 2017 29% · 2018 62% · 2019 22% · 2020 31% · 2021 44% · 2022 51% · 2023 44% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of PEQUOT LIBRARY ASSOCIATION's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

PEQUOT LIBRARY ASSOCIATION draws 69% of its grant income from funders outside Connecticut, across 11 states in all.

NY
MA
PA
CT
CA
UT
MO
MD
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $448k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PEQUOT LIBRARY ASSOCIATION runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin29% · top quartile
Months of reserve5.2mo · above the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding PEQUOT LIBRARY ASSOCIATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $25k on record — $10k federal, $15k state.

Federal$10k
grants $10kcontracts $0
Top agencies
  • National Endowment for the Humanities$10k
State$15k
19
20
21
22
23
24
25
26
Top programs
  • Pass thru Grant Non-State$10k
  • State Aid Grants$5k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PEQUOT LIBRARY ASSOCIATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 13%Fundraising 16%

Governance

20
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

68%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CT

Screen this organization

A dated, signed PDF of the compliance screen for PEQUOT LIBRARY ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PEQUOT LIBRARY ASSOCIATION?
PEQUOT LIBRARY ASSOCIATION (Connecticut) receives grants from 52 organizations whose IRS filings report $1,847,043 to it, the largest being THE DILLON FUND ($250,000). 35 of them have funded it in more than one year.
How many funders does PEQUOT LIBRARY ASSOCIATION have?
IRS filings report 52 organizations giving $1,847,043 in grants to PEQUOT LIBRARY ASSOCIATION, 35 of which have funded it in more than one year.
Who is the largest funder of PEQUOT LIBRARY ASSOCIATION?
THE DILLON FUND is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like PEQUOT LIBRARY ASSOCIATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Pequot Library Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 52 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing