Nonprofit · EIN 46-1172548
CHARLOTTE MECKLENBURG LIBRARY FOUNDATION
Tax-exempt · CHARLOTTE, NC 28202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,194,892 | $34,169,698 | -$30,974,806 | $31,172,541 | $382,340 | $30,790,201 |
| June 30, 2024 | 990 | $7,264,775 | $1,982,409 | $5,282,366 | $58,619,903 | $31,674 | $58,588,229 |
| June 30, 2023 | 990 | $4,905,932 | $2,302,484 | $2,603,448 | $53,032,461 | $166,150 | $52,866,311 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,194,892
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $33,447,251
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $33,770,112
- Management and general (functional)
- $371,338
- Fundraising (functional)
- $28,248
Balance sheet and other
- Total assets, start of year
- $58,619,903
- Total assets, end of year
- $31,172,541
- Total liabilities, end of year
- $382,340
- Net assets, end of year
- $30,790,201
- Net assets with donor restrictions
- $30,790,201
- Gross receipts
- $3,194,892
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2012
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARCELLUS TURNER | DIRECTOR Trustee or director | 0.5 | $0 | $265,353 | $56,432 |
| DOUGLAS BENSON | CHIEF ADMINISTRATIVE OFFICER Officer | 0.5 | $0 | $258,355 | $46,961 |
| ALYSSA FEDERICO | CHIEF FINANCIAL OFFICER Officer | 0.5 | $0 | $228,615 | $45,920 |
| ELIZABETH KISER | CHIEF PHILANTHROPY OFFICER Trustee or director, Officer | 0.5 | $0 | $202,221 | $57,713 |
| JENNI GAISBAUER | EXECUTIVE DIRECTOR Officer | 0.5 | $0 | $186,846 | $60,073 |
| TELEIA WHITE | DEPUTY DIRECTOR (AS OF 1/25) Trustee or director | 0.5 | $0 | $101,428 | $39,360 |
| HELEN HOPE KIMBROUGH | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| SELENA GIOVANNELLI | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| STEPHANIE ALGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER APPLEBY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOCLYN BALANDA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER BENNETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SARAH DODD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ROB HARRINGTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PATRICIA JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLIE LOFTON | DIRECTOR Trustee or director | 0.5 | $0 |
| ALESSANDRO MORANTE | DIRECTOR Trustee or director | 0.5 | $0 |
| CATON MORRIS | DIRECTOR Trustee or director | 0.5 | $0 |
| SHARON PORTWOOD | DIRECTOR Trustee or director | 0.5 | $0 |
| SALLY ROBINSON | DIRECTOR Trustee or director | 0.5 | $0 |
| DEBRA SHARP | DIRECTOR Trustee or director | 0.5 | $0 |
| GEORGE SPENCER | DIRECTOR Trustee or director | 0.5 | $0 |
| ELIZABETH HOPE STAR | DIRECTOR Trustee or director | 0.5 | $0 |
| MARCEY STONE | DIRECTOR Trustee or director | 0.5 | $0 |
| CHARLES THOMAS | DIRECTOR Trustee or director | 0.5 | $0 |
| CAROLEEN TOWERY | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUGLAS BENSON | SENIOR VP & GENERAL COUNSEL Officer | 0.5 | $0 | $375,935 | $46,391 |
| ALYSSA FEDERICO | SENIOR VP, FINANCE Officer | 0.5 | $0 | $337,555 | $47,013 |
| MARCELLUS TURNER | DIRECTOR Trustee or director | 0.5 | $0 | $250,957 | $53,413 |
| ELIZABETH KISER | DIRECTOR Trustee or director | 0.5 | $0 | $215,547 | $57,648 |
| JENNI GAISBAUER | EXECUTIVE DIRECTOR Officer | 0.5 | $0 | $176,740 | $59,365 |
| STEPHANIE ALGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER APPLEBY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOCLYN BALANDA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER BENNETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROLEEN TOWERY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GENE COCHRANE | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LEROY DAVIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SARAH DODD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BARB ELLIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SELENA GIOVANNELLI | SECOND VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ROB HARRINGTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PATRICIA JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PETER KEANE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| HELEN HOPE KIMBROUGH | FIRST VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| GINA LAWRENCE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KELLIE LOFTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ALESSANDRO MORANTE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CATON MORRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SALLY ROBINSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DEBRA SHARP | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH HOPE STAR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHARLES THOMAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTINA WILSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUGLAS BENSON | ASSISTANT SECRETARY Officer | 0.5 | $0 | $270,939 | $43,948 |
| ALYSSA FEDERICO | ASSISTANT SECRETARY Officer | 0.5 | $0 | $258,695 | $34,413 |
| MARCELLUS TURNER | DIRECTOR Trustee or director | 0.5 | $0 | $238,824 | $47,878 |
| JENNI GAISBAUER | EXECUTIVE DIRECTOR Officer | 0.5 | $0 | $168,541 | $52,145 |
| ELIZABETH KISER | DIRECTOR Trustee or director | 0.5 | $0 | $179,386 | $24,988 |
| STEPHANIE ALGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER APPLEBY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOCLYN BALANDA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER BENNETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROLEEN TOWERY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GENE COCHRANE | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LEROY DAVIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SARAH DODD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BARB ELLIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SELENA GIOVANNELLI | SECOND VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ROB HARRINGTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PATRICIA JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PETER KEANE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| HELEN HOPE KIMBROUGH | FIRST VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| GINA LAWRENCE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KELLIE LOFTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ALESSANDRO MORANTE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CATON MORRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SALLY ROBINSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DEBRA SHARP | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH HOPE STAR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTINA WILSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 220 N TRYON ST, CHARLOTTE, NC 28202-2137
- In care of
- % KAREN BEACH
- Principal officer (990 for 2024)
- JENNI GAISBAUER, 220 NORTH TRYON STREET, CHARLOTTE, NC 28202
- Signed the 990
- JENNI GAISBAUER, EXECUTIVE DIRECTOR
- Phone
- (704) 973-4500
- Website
- FOUNDATION.CMLIBRARY.ORG
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
THE LIBRARY FOUNDATION EXISTS TO HELP THE CHARLOTTE MECKLENBURG LIBRARY IMPROVE LIVES AND BUILD A STRONGER COMMUNITY.
Program accomplishments
- DISTRIBUTED GRANTS TO SUPPORT THE CHARLOTTE MECKLENBURG LIBRARY'S OPERATIONS AND PROGRAMS.Expenses $33,770,112 · grants $33,447,251
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1172548
- 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
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $31,172,541
- Income (IRS master file)
- $3,194,892
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,194,892 | $34,169,698 | $31,172,541 | IRS |
| 990 | June 2024 | $7,264,775 | $1,982,409 | $58,619,903 | IRS |
| 990 | June 2023 | $4,905,932 | $2,302,484 | $53,032,461 | XML |
| 990 | June 2022 | $14,482,826 | $1,571,476 | $50,051,589 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 46-1172548).
Questions about CHARLOTTE MECKLENBURG LIBRARY FOUNDATION
- What is the EIN of CHARLOTTE MECKLENBURG LIBRARY FOUNDATION?
- The employer identification number (EIN) of CHARLOTTE MECKLENBURG LIBRARY FOUNDATION is 46-1172548.
- Is CHARLOTTE MECKLENBURG LIBRARY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to CHARLOTTE MECKLENBURG LIBRARY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CHARLOTTE MECKLENBURG LIBRARY FOUNDATION 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 CHARLOTTE MECKLENBURG LIBRARY FOUNDATION 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 CHARLOTTE MECKLENBURG LIBRARY FOUNDATION 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 CHARLOTTE MECKLENBURG LIBRARY FOUNDATION?
- The 990 for the year ended June 30, 2025 names JENNI GAISBAUER.
- Who are the officers and directors of CHARLOTTE MECKLENBURG LIBRARY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 26 people; 0 received compensation from the organization.
- How much revenue does CHARLOTTE MECKLENBURG LIBRARY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,194,892, expenses of $34,169,698 and total assets of $31,172,541 at year end.
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