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Nonprofit · EIN 26-3194155

WELLESLEY FREE LIBRARY FOUNDATION INC

Tax-exempt · WELLESLEY, MA 02482

Financials

$523K$519K2022$708K$674K2023$1.1M$479K2024
Revenue Expenses · by fiscal year end
Financials of WELLESLEY FREE LIBRARY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,056,610$479,071$577,539$7,766,428$310,383$7,456,045
June 30, 2024990$707,548$673,896$33,652$7,071,783$388,059$6,683,724
June 30, 2023990$523,014$518,971$4,043$6,745,076$325,532$6,419,544
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$402,072
Program service revenue
$0
Investment income
$604,878
Net gain from sales of assets
$374,268
Net income from fundraising events
$49,660
Other revenue
$49,660

Expenses

Grants and similar amounts paid
$238,706
Salaries, compensation and benefits (total)
$17,560
Professional fundraising fees
$0
Accounting fees
$31,364
Program services (functional)
$238,706
Management and general (functional)
$164,094
Fundraising (functional)
$76,271

Balance sheet and other

Total assets, start of year
$7,071,783
Total assets, end of year
$7,766,428
Total liabilities, end of year
$310,383
Net assets, end of year
$7,456,045
Publicly traded securities
$7,031,057
Net assets without donor restrictions
$556,530
Net assets with donor restrictions
$6,899,515
Gross receipts
$2,417,929
Employees
1
Volunteers
27
Year formed
2008
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
KEITH HIGGINSPRESIDENT
Trustee or director, Officer
8$0
MARK GROVERTREASURER
Trustee or director, Officer
8$0
AMIEE MUNROCLERK
Trustee or director, Officer
8$0
ALEXA PLENGECHAIR - FINANCE COMM
Trustee or director
8$0
LAUREL LYLECHAIR - DEVELOPMENT
Trustee or director
8$0
CATHERINE BUEKERCHAIR - GOVERNANCE
Trustee or director
2$0
CAROL CARLSONDIRECTOR
Trustee or director
2$0
MOLLY MANNINGDIRECTOR
Trustee or director
2$0
CHRISSIE LAWRENCEDIRECTOR
Trustee or director
2$0
NORA PHILLIPSDIRECTOR
Trustee or director
2$0
TERENCE CONDRENDIRECTOR
Trustee or director
2$0
STEPAHNIE COUGHLANDIRECTOR
Trustee or director
2$0
NORM BOUCHERDIRECTOR
Trustee or director
2$0
LUISA HUNNEWELLDIRECTOR
Trustee or director
2$0
TRIPP SHEEHANDIRECTOR
Trustee or director
2$0
2 more people on this return
NameTitleHours / weekCompensation
NORM BOUCHERDIRECTOR
Trustee or director
2$0
KARA REINHARDT BLOCKASSISTANT TREASURER
Officer
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensation
KEITH HIGGINSPRESIDENT
Trustee or director, Officer
8$0
MARK GROVERTREASURER
Trustee or director, Officer
8$0
KARA REINHARDT BLOCKASSISTANT TR
Officer
2$0
AMIEE MUNROCLERK
Trustee or director, Officer
8$0
ALEXA PLENGECHAIR - FINA
Trustee or director
8$0
LAUREL LYLECHAIR - DEVE
Trustee or director
8$0
ELIZABETH AW ROGERSCHAIR - GOVE
Trustee or director
8$0
CATHERINE BUEKERDIRECTOR
Trustee or director
2$0
CAROL CARLSONDIRECTOR
Trustee or director
2$0
MOLLY MANNINGDIRECTOR
Trustee or director
2$0
BILL HORNDIRECTOR
Trustee or director
2$0
CHRISSIE LAWRENCEDIRECTOR
Trustee or director
2$0
NORA PHILLIPSDIRECTOR
Trustee or director
2$0
TERENCE CONDRENDIRECTOR
Trustee or director
2$0
STEPAHNIE COUGHLANDIRECTOR
Trustee or director
2$0
LINDA WILKINSDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensation
KEITH HIGGINSPRESIDENT
Trustee or director, Officer
8$0
ALEXA PLENGECHAIR - FINA
Trustee or director, Officer
8$0
LAUREL LYLECLERK
Trustee or director, Officer
8$0
KARA REINHARDT BLOCKTREASURER
Trustee or director, Officer
8$0
CATHERINE BUEKERDIRECTOR
Trustee or director
2$0
CAROL CARLSONDIRECTOR
Trustee or director
2$0
MICHAEL CASEYDIRECTOR
Trustee or director
2$0
MARK GROVERDIRECTOR
Trustee or director
2$0
BILL HORNDIRECTOR
Trustee or director
2$0
CHRISSIE LAWRENCEDIRECTOR
Trustee or director
2$0
KEVIN MACDONALDASSISTANT TR
Trustee or director, Officer
8$0
AMIEE MUNRODIRECTOR
Trustee or director
2$0
MICHELLE PAULDIRECTOR
Trustee or director
2$0
ELIZABETH AW ROGERSCHAIR - GOVE
Trustee or director, Officer
8$0
EMILY SHANAHANDIRECTOR
Trustee or director
2$0
LINDA WILKINSDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
530 WASHINGTON ST, WELLESLEY, MA 02482-5916
Principal officer (990 for 2024)
KEITH HIGGINS, 530 WASHINGTON STREET, WELLESLEY, MA 02482
Signed the 990
KEITH HIGGINS, PRESIDENT
Phone
(781) 235-1610
Return prepared by
GRASSI & CO CPA'S PC

Mission

TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS, AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY.

990 for the year ended June 30, 2025

Program accomplishments

  • TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS, AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY.
    Expenses $66,000 · grants $66,000
  • PROVIDES FUNDS WHICH ALLOW THE LIBRARY TO EXPERIMENT AND BUILD COLLECTIONS THAT WOULD OTHERWISE NOT BE POSSIBLE, PURCHASE EXCITING NEW DATABASES, AND SHOWCASE EVOLVING MATERIALS FORMAT.
    Expenses $172,706 · grants $172,706

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-3194155
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2026
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B117)
Assets (IRS master file)
$7,766,428
Income (IRS master file)
$2,417,929

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,056,610$479,071$7,766,428XML
990June 2024$707,548$673,896$7,071,783XML
990June 2023$523,014$518,971$6,745,076XML
990June 2022$1,467,125$631,762$6,682,036IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3194155).

Questions about WELLESLEY FREE LIBRARY FOUNDATION INC

What is the EIN of WELLESLEY FREE LIBRARY FOUNDATION INC?
The employer identification number (EIN) of WELLESLEY FREE LIBRARY FOUNDATION INC is 26-3194155.
Is WELLESLEY FREE LIBRARY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to WELLESLEY FREE LIBRARY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does WELLESLEY FREE LIBRARY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WELLESLEY FREE LIBRARY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WELLESLEY FREE LIBRARY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WELLESLEY FREE LIBRARY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names KEITH HIGGINS.
Who are the officers and directors of WELLESLEY FREE LIBRARY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
How much revenue does WELLESLEY FREE LIBRARY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,056,610, expenses of $479,071 and total assets of $7,766,428 at year end.

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