How do we make it all work?
Unlike most libraries, the Cotuit Library is an independent non-profit. That means that, while we get about half of our funding from the Town of Barnstable, each year we need to raise the other half. We do that through fund drives, events and grants.
Over time we have been able to set aside money to cover emergencies and fill funding gaps. But in order to truly sustain the library, we need to build on what we have so we can ensure steady, reliable resources for all that we do year-to year.
We do a lot with a little. In 2023, the library’s budget was $417,000, and in 2024 we expect to spend about $450,000.
Since 2012, our expenses have increase by an average of 2.7% per year, about half the rate at which the CPI has risen. Had our budget increased in line with historical price increases, we would be spending considerably more.
Meanwhile, our patrons seek more — and more complex — services in all areas, including access to technology and a broader range and quantity of materials and programs.
As the Cape’s year-round population continues to grow, we are thrilled to see increased interest in what the library offers. That also means we are placing greater demands on our facility, staff and programs.