Return on Investment Resources for Everyone…Really!

Whether you’re a public library director or–like me–a public library user, there is a return on investment (ROI) resource for you. Check out the…

CALCULATORS
Personal ROI Calculator
This online tool calculates the individual estimated return on investment for the Colorado public library of your choice. Other states have done ROI calculators, but not like this one!

Do you work in a public library? Well, this calculator can be customized for your library’s website. See DPL’s at: http://www.denverlibrary.org/news/dplnews/roi_calculator.html (it is also linked from their homepage). Or if you prefer, it can be a direct link from your library’s website. Link to the calculator on the LRS website and your library’s name can be pre-filled in the drop-down box. Either way, it can be a fun, yet powerful tool to demonstrate the dollar-and-cents value of your library.

Library ROI Calculator
This tool estimates the ROI for your library using a peer-based return on investment calculator.

OTHER RESOURCES
At the CAL Conference last week, Zeth and I did a presentation on the ROI study. The PowerPoint presentation and other resources we discussed can be found on the ROI page.

Other resources on the ROI page include individual reports for participating libraries, newspaper articles, and links to other studies.

Zeth also recently added a function called “LRS Conversation” so that you can share your comments online about the ROI study or the personal ROI calculator. We look forward to reading what you have to say!

~Nicolle
steffen_n@cde.state.co.us

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LRS is part of the Colorado State Library, a unit of the Colorado Department of Education. We design and conduct library research for library and education professionals, public officials, and the media to inform practices and assessment needs. We partner with the Library and Information Science program at University of Denver's Morgridge College of Education to provide research fellowships to current MLIS students.

This project is made possible by a grant from the U.S. Institute of Museum and Library Services (IMLS).

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