Fiscal Year 2024 Return on Investment

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In fiscal year 2024, SHARE worked hard to ensure every member library received the maximum benefit from their membership. This was accomplished by saving members the cost of expensive software subscriptions, increasing item circulation, and providing first-class support and training. See below for statistics on how SHARE supported member libraries in FY2024:


 

Support

  • 5.3 thousand help desk tickets received
  • Staff responded to 4.9 thousand member emails
  • That is a total of 10.2 thousand support events

Training

  • 23 cataloging training sessions held
  • One thousand attendees for training sessions
  • 2.6 thousand trainee records reviewed for 25 trainees

Circulation

  • SHARE libraries collectively owned 8.4 million items
  • SHARE members served 773 thousand patrons
  • 1.7 million items were circulated through Inter-Library Loan across SHARE
  • 24% of circulation at member libraries was via ILL

Savings

  • cloudLibrary cost per circulation was 80% lower than the industry standard
  • SHARE members saved between $16,000 and $314,000 in Polaris fees, depending on library type and size
  • For every $5 in member fees, SHARE circulated 5.7 items via ILL and served 2.5 patrons

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