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Library Value Calculator

What is your library worth?

How much benefit does your institution, your user, receive for every dollar spent by the library?

  • Enter a user's salary (no commas), enter the total library salary budget.
  • Tab to each box and enter appropriate numbers for one year.
  • Value of Benefits and Costs for each service will be calculated on the right.
  • Total value of your library use is shown at the bottom of the worksheet.
  • Tip: Tab between entries and do not use commas. Click here for information about each data point.
Salary Information: User's Average Annual Salary Hours Worked Per Year Library Salary Budget
Benefits Costs TOTAL Benefit TOTAL Cost
Books used (in house or borrowed)
Number borrowed or used
Average retail cost of a book Book budget
User time saved for each book borrowed (in 10ths of an hr) Portion of all staff time devoted to the book collection (order, receive, catalog, process,shelve,etc) in 10ths
Journals used (in house or borrowed)
Number articles read by all users
Per article price from a vendor Journal budget (print and electronic)
User time saved per article available through library (in 10ths of an hr) Portion of all staff time devoted to journal collection (order, license, receive, process, manage, shelve, etc.) in 10ths


 

For more information contact Betsy Kelly, Assessment and Evaluation Liaison or Barb Jones, Advocacy Liaison