SOMERVILLE PUBLIC LIBRARY FOUNDATION
SOMERVILLE,
Massachusetts,
02143
EIN: 84-4438599
Educational Institutions and Related Activities
MISSION
TO DIRECT AND MANAGE PROMOTIONAL AND FUNDRAISING ACTIVITIES FOR THE BENEFIT OF THE SOMERVILLE PUBLIC LIBRARY, MASSACHUSETTS.
DEMOGRAPHIC
ADDRESS
79 HIGHLAND AVENUE
02143
COUNTY
middlesex county, MA
IN CARE OF NAME
MARK HOWLAND
ORGANIZATIONAL OVERVIEW & RANKINGS
SOMERVILLE PUBLIC LIBRARY FOUNDATION is a based in SOMERVILLE, MA, focused on Educational Institutions and Related Activities causes , specifically Libraries. Established in March 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,691,133.00, this ranks 164,884 among 2,656,690 nonprofits nationally (Top 7%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 5,937 out of 58,562 organizations in MA (Top 11%).
In middlesex county, MA, the organization ranks 1,325 out of 14,370 nonprofits by assets (Top 10%), while locally in somerville, it stands at 43 among 550 organizations (Top 8%).
The organization reported no revenue in the most recent filing period, placing it at 1,803,036 nationally and 42,558 in MA.
Within its specific NTEE classification (B70 - B: Educational Institutions and Related Activities), which includes 2,878 similar organizations, SOMERVILLE PUBLIC LIBRARY FOUNDATION ranks 124 in assets (Top 5%) and 2,494 in revenue (Top 87%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B70: Libraries
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$565,485.00
FORM 990 REVENUE AMOUNT
($34,350.00)
RULING DATE
03/2020
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,691,133.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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