Finances

IDS is an independent 501(c)3 non-profit organization that is funded by annual membership fees and a state subsidy from the Pennsylvania Department of Education's State Library of Pennsylvania.

 

Each summer, the Finance Committee brings a proposed budget for the next fiscal year to the IDS Board of Directors.  The Board votes to approve the budget and to establish the member fee structure.  IDS operates on a calendar year and receives approximately 30% of its gross revenue from the state subsidy.

 

2015 Budget

The budget for 2015  is $1,927,435 (8% lower than the 2014 IDS Budget). Delivery fees were projected to decrease by 9%.  State Funds will remain level from 2014.  There will be a 1% increase in full and affiliate Member Fees for 2015.

 

2016 Budget

The budget for 2016  is $2,001,328 (3.83% higher than the 2015 IDS Budget). Delivery fees were projected to increase by 4.75%.  State Funds will remain level from 2015.  There will be a 1% increase in full and affiliate Member Fees for 2016.

 

The Board anticipates the need to increase membership fees incrementally over the next few years.

Inquiries about IDS finances should be directed to IDS Adminstration.