1. WESTERN REGIONAL STORAGE TRUST (WEST) BUSINESS MODEL Print Archive Network meeting ALA Annual June 22, 2012

2. Key Features of WEST  Distributed print journal archives held in multiple storage facilities and libraries  Annual collection analysis, widely-duplicated titles prioritized by risk categories  Retention period 25 years (to 2035)  Ownership by Archive Holder, transferred via gifts process  Access for all WEST members, to others by local policy Document delivery preferred, physical volumes for in- library use only 2

3. WEST Membership: 103 Libraries in 17 states 3 = Direct Members = Consortial Members  44 individual libraries  3 library consortia  University of California (10 libraries)  Orbis Cascade Alliance (30 libraries)  Statewide California Electronic Licensing Consortium (SCELC) (19 libraries)  16 libraries > 3 million volumes  51 libraries with < 500,000 volumes  56 government- supported institutions  47 private institutions

4. WEST Business Model WEST members share costs of: Funds paid to Archive Builders to process volumes into WEST Collection analysis system via Center for Research Libraries and services from WEST Admin Host Project management and administration WEST members pay own costs for: Space for housing archives Access and delivery of requested materials to other WEST members Local deselection of volumes Transport of contributed holdings to a WEST archive 4 Goals Support initial costs to build archive, minimize long-term costs, promote financial sustainability

5.  Annual member fees based primarily on library collection size (range from $650 to $6,500)  Archive Holders pay a reduced member fee Recognizes their other ongoing costs  No activity fees (transaction costs) WEST Cost-Sharing 5

6. WEST Funding WEST Admin Host (CDL) All WEST members Mellon Foundation CRL GRF (for Collection Analysis) WEST Archive Builders Member fees Funds to process volumes Grant funds 6