Consistent with our founding philosophy, the Community Library remains an entirely privately funded public library—a rarity today. We offer the same free access as government-funded libraries, but we receive no tax revenue. The Library thrives because the community believes in it and regards it as a trust for which all bear a responsibility. Respecting the convictions of our Founders and a long line of dedicated trustees, we are proud of our conservative fiscal management.
The CLA has balanced its operating budget consistently since 1955. We own our buildings and land, we are debt-free, and our disciplined annual expense budget of $1.4 million ensures the most efficient use of our resources. The Library’s Gold Mine Thrift Store and consignment shop generate more than $1 million in retail sales annually, but the net profit covers just over 30-percent of the Library’s operating expenses. We work to raise the balance of our operating budget each year by contributions from generous individuals, foundations, and corporations. We are working to offer the community new and impactful fundraising events that support the Library, as well as enrich our supporters. Each member of the Library’s Board of Trustees makes meaningful financial and volunteer contributions to this effort.