Massachusetts Library System Inc

Organization Overview

Massachusetts Library System Inc is located in Marlborough, MA. The organization was established in 1997. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2022, Massachusetts Library System Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Library System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Massachusetts Library System Inc generated $11.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $10.8m during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT AND MATERIALS TO REGIONAL LIBRARIES AND PROVIDE SUPPORT AND PROMOTION TO LIBRARY PROGRAMS, SERVING ALL LIBRARY PATRONS IN THE MASSACHUSETTS AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MASSACHUSETTS LIBRARY SYSTEM (MLS) PROVIDES SERVICES TO ABOUT 1,600 MASSACHUSETTS LIBRARIES OF ALL TYPES AND SIZES THROUGHOUT THE COMMONWEALTH. MLS WAS ESTABLISHED IN JULY 2010 WITH THE FOLLOWING MISSION: THE MASSACHUSETTS LIBRARY SYSTEM, A STATE-SUPPORTED COLLABORATIVE, FOSTERS COOPERATION, COMMUNICATION, INNOVATION, AND SHARING AMONG MEMBER LIBRARIES OF ALL TYPES. THE MASSACHUSETTS LIBRARY SYSTEM PROMOTES EQUITABLE ACCESS TO EXCELLENT LIBRARY SERVICES AND RESOURCES FOR ALL WHO LIVE, WORK, OR STUDY IN MASSACHUSETTS.


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Board, Officers & Key Employees

Name (title)Compensation
Sarah Sogigian
Executive Director
$121,180
Joseph Rodio
President
$0
Melinda Webster Loof
Treasurer
$0
Stephanie Friree Ford
Past President
$0
Thomas Raffensperger
Clerk
$0
Anna Bognolo
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,637,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,637,000
Total Program Service Revenue$1,041,253
Investment income $2,884
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,793,761

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Massachusetts Library System Inc has recieved totaling $25,400.

Awarding OrganizationAmount
National Philanthropic Tr

Jenkintown, PA

PURPOSE: EDUCATION

$12,700
National Philanthropic Tr

Jenkintown, PA

PURPOSE: EDUCATION

$12,700
View Grant Recipient Profile

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