2024-10-29T14:39:25-05:00 2024-06-30 111986323 MARCUM LLP 100 WESTMINSTER STREET SUITE 500 PROVIDENCE RI 02903 990 2023-07-01 043387698 MASSACHUSETTS LIBRARY SYSTEM INC MASS 5083572121 33 BOSTON POST ROAD WEST 400 MARLBOROUGH MA 01752 HOPE HOUSTON BOARD PRESIDENT 5083572121 2024-10-25 1 1 DAVID FONTAINE P00011053 4016004500 2024-10-23 2023 2024-10-15 13:58:12Z HOPE HOUSTON 33 BOSTON POST ROAD WEST 400 MARLBOROUGH MA 01752 13947906 0 X MASSLIBSYSTEM.ORG X 1997 MA TO PROVIDE SUPPORT AND MATERIALS TO REGIONAL LIBRARIES AND PROVIDE SUPPORT AND PROMOTION TO LIBRARY PROGRAMS, SERVING ALL LIBRARY PATRONS IN THE MASSACHUSETTS AREA. 15 15 90 0 0 0 11059000 12467200 1197154 1239168 43070 118088 171181 123450 12470405 13947906 0 0 0 0 2744860 3062255 0 0 0 10174156 9641597 12919016 12703852 -448611 1244054 7826078 8922768 991207 843850 6834871 8078918 X 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. 0 0 12036367 1362618 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. 12036367 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 90 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X SARAH SOGIGIAN EXECUTIVE DIRECTOR 5083572121 33 BOSTON POST ROAD WEST 400 MARLBOROUGH MA 01752 SARAH SOGIGIAN EXECUTIVE DIRECTOR 40.00 X X 129698 0 16308 HOPE HOUSTON PRESIDENT 0.50 X X 0 0 0 SHANNON COMPTON VICE PRESIDENT 0.50 X X 0 0 0 ALLYSON MALLIK CLERK 0.50 X X 0 0 0 REBECCA MORIN TREASURER 0.50 X X 0 0 0 ANNA BOGNOLO PAST PRESIDENT 0.50 X X 0 0 0 JAMES LONERGAN EX-OFFICIO 0.50 X 0 0 0 ANGELA VEIZAGA EX-OFFICIO 0.50 X 0 0 0 MAUREEN AMYOT DIRECTOR 0.50 X 0 0 0 MATT BEJUNE DIRECTOR 0.50 X 0 0 0 MEGAN BROOKS DIRECTOR 0.50 X 0 0 0 JOSEPH RODIO DIRECTOR 0.50 X 0 0 0 CHELSEA CONTRADA DIRECTOR 0.50 X 0 0 0 THOMAS RAFFENSPERGER DIRECTOR 0.50 X 0 0 0 CHRISTINA DOMINIQUE-PIERRE DIRECTOR 0.50 X 0 0 0 MARIA PALACIO DIRECTOR 0.50 X 0 0 0 CLAUDIA PALFRAMAN DIRECTOR 0.50 X 0 0 0 MIKI WOLFE DIRECTOR 0.50 X 0 0 0 ELIZABETH MEADEN BUSINESS/HR DIRECTOR 40.00 X 104930 0 16254 TERENCE MCQUOWN CONSULTING AND TRAINING DIRECTOR 40.00 X 100527 0 22017 335155 0 54579 3 0 0 0 0 12467200 12467200 MEMBER SERVICE FEES 519200 822023 822023 MHEC REVENUE 519200 342504 342504 OTHER PROGRAM REVENUE 519200 74641 74641 1239168 118088 118088 OTHER REVENUE 519200 123450 123450 123450 13947906 1362618 0 118088 2397428 1989865 407563 103483 85891 17592 339040 281403 57637 222304 184512 37792 3434 3434 40326 40326 34174 34174 26510 26510 218410 181280 37130 74897 74897 18781 15588 3193 CONTRACTUAL PROGRAM SER 6689230 6689230 BOOKS & ELECTRONIC DATA 2084671 2084671 OTHER PROGRAM EXPENSES 331946 331946 SUPPLIES AND EQUIPMENT 68169 68169 51049 48915 2134 12703852 12036367 667485 0 1796917 1952070 314818 437095 102912 80476 3297583 4303597 477623 439911 56493 37712 1426196 1438951 831159 672867 7826078 8922768 171427 168986 819780 674864 991207 843850 X 5462691 6706738 1372180 1372180 6834871 8078918 7826078 8922768 1244054 -7 0 X X 0 1 X 1 0 X 8651242 9695000 10637000 11059000 12467200 52509442 8651242 9695000 10637000 11059000 12467200 52509442 52509442 13772 3361 2884 43070 118088 181175 52690617 0.99660 0.99820 X 477623 439911 37712 37712 US TREASURY MONEY MARKET FUND 1438951 F 1438951 RIGHT OF USE ASSET 672867 672867 RIGHT OF USE LIABILITY 674864 674864 X 13947899 -7 -7 13947906 0 13947906 12703852 0 12703852 0 12703852 PART X, LINE 2: THE AGENCY IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. IN ADDITION, THE AGENCY HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE AGENCY RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE THE AGENCY ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX POSITIONS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX POSITIONS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE COMBINED STATEMENT OF ACTIVITIES. THE AGENCY DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS IN 2024 OR 2023. THE AGENCY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS ORGANIZED AS A NON-STOCK CORPORATION WITH A BOARD OF DIRECTORS INSTEAD OF MEMBERS OR STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION IS ORGANIZED AS A NON-STOCK CORPORATION WITH A BOARD OF DIRECTORS INSTEAD OF MEMBERS OR STOCKHOLDERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT 990 RETURN IS GIVEN TO THE ADMINISTRATOR AND THE BOARD OF DIRECTORS FOR REVIEW. ONCE REVIEWED AND APPROVED, ANY CHANGES ARE MADE AND THE FINAL RETURN IS COMPLETED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND COUNCIL MEMBERS ARE REQUIRED TO FULLY DISCLOSE THE NATURE OF THE INTEREST AND WITHDRAW FROM DISCUSSION. MEETING MINUTES RECORD SUCH DISCLOSURES AND ABSTENSIONS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS DETERMINES COMPENSATION OF MANAGEMENT BASED ON PERFORMANCE AND AVAILABILITY OF FUNDING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S GOVERNING DOCUMENTS CAN BE VIEWED ON GUIDESTAR.ORG AND ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS CAN BE VIEWED ON GUIDESTAR.ORG AND ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR