Nonprofit · EIN 56-6011584
TRANSYLVANIA COUNTY LIBRARY FOUNDATION
Tax-exempt · BREVARD, NC 28712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $79,472 | $203,147 | -$123,675 | $5,814,534 | $409,213 | $5,405,321 |
| June 30, 2024 | 990 | $84,913 | $180,042 | -$95,129 | $5,243,666 | $357,981 | $4,885,685 |
| June 30, 2023 | 990 | $328,227 | $247,472 | $80,755 | $4,425,931 | $296,517 | $4,129,414 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $21,751
- Program service revenue
- $5,310
- Investment income
- $52,411
- Net gain from sales of assets
- -$61,412
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $6,520
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,310
- Program services (functional)
- $150,461
- Management and general (functional)
- $48,266
- Fundraising (functional)
- $4,420
Balance sheet and other
- Total assets, start of year
- $5,243,666
- Total assets, end of year
- $5,814,534
- Total liabilities, end of year
- $409,213
- Net assets, end of year
- $5,405,321
- Publicly traded securities
- $5,770,249
- Net assets without donor restrictions
- $5,405,321
- Gross receipts
- $140,884
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1945
- 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 |
|---|---|---|---|
| Morris Jenkins | Board Chair Trustee or director, Officer | 4 | $0 |
| John Welch | Vice-Chair Trustee or director, Officer | 2 | $0 |
| Larry Sitton | Treasurer Trustee or director, Officer | 4 | $0 |
| Rishara Finsel | Secretary Trustee or director, Officer | 4 | $0 |
| Hannah Camenzind | Board Member Trustee or director | 1 | $0 |
| Eric Caldwell | Board Member Trustee or director | 1 | $0 |
| Andrew Von Canon | Board Member Trustee or director | 1 | $0 |
| Michael Baker | Board Member Trustee or director | 1 | $0 |
| Elizabeth Jordan | Board Member Trustee or director | 1 | $0 |
| Sarah Justice | Board Member Trustee or director | 1 | $0 |
| Karen Cole | Board Member Trustee or director | 1 | $0 |
| Sheila Mooney | Board Member Trustee or director | 1 | $0 |
| Alice Wellborn | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Watkins | Board Chair Trustee or director, Officer | 4 | $0 |
| John Welch | Vice-Chair Trustee or director, Officer | 2 | $0 |
| Larry Sitton | Treasurer Trustee or director, Officer | 4 | $0 |
| Rishara Finsel | Secretary Trustee or director, Officer | 4 | $0 |
| Hannah Camenzind | Board Member Trustee or director | 1 | $0 |
| Morris Jenkins | Board Member Trustee or director | 1 | $0 |
| Alice Hardy | Board Member Trustee or director | 1 | $0 |
| Michael Baker | Board Member Trustee or director | 1 | $0 |
| Elizabeth Jordan | Board Member Trustee or director | 1 | $0 |
| Sarah Justice | Board Member Trustee or director | 1 | $0 |
| Karen Cole | Board Member Trustee or director | 1 | $0 |
| Sheila Mooney | Board Member Trustee or director | 1 | $0 |
| Alice Wellborn | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Watkins | Board Chair Trustee or director, Officer | 4 | $0 |
| John Welch | Vice-Chair Trustee or director, Officer | 2 | $0 |
| Larry Sitton | Treasurer Trustee or director, Officer | 4 | $0 |
| Rishara Finsel | Secretary Trustee or director, Officer | 4 | $0 |
| Hannah Camenzind | Board Member Trustee or director | 1 | $0 |
| Morris Jenkins | Board Member Trustee or director | 1 | $0 |
| Alice Hardy | Incoming Treasurer Trustee or director | 1 | $0 |
| Dr Jeremy Gibbs | Board Member Trustee or director | 1 | $0 |
| Betsy Jordan | Board Member Trustee or director | 1 | $0 |
| Sarah Justice | Board Member Trustee or director | 1 | $0 |
| Karen Cole | Board Member Trustee or director | 1 | $0 |
| Sheila Mooney | Board Member Trustee or director | 1 | $0 |
| Andrew VonCanon | Board Member Trustee or director | 1 | $0 |
| Alice Wellborn | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 212 S GASTON ST, BREVARD, NC 28712-3704
- Principal officer (990 for 2024)
- Larry Sitton, 212 South Gaston Street, Brevard, NC 28712
- Signed the 990
- Larry Sitton, Treasurer
- Phone
- (828) 884-3151
- Return prepared by
- CORLISS & SOLOMON PLLC
Mission
To obtain and manage funds and memorials and to receive gifts, grants and bequests for the use of the Transylvania County Library; to promote and support library services in Transylvania County.
Program accomplishments
- LIBRARY SUPPORT AND COMMUNITY ACCESS INITIATIVES: The Foundation funded enhancements to library services beyond the operational budget, including access to the Kanopy streaming video platform, staff professional development, and outdoor furnishings for the library patio. The Foundation also supported digitization of the Transylvania Times newspaper archives (1975-2023) through DigitalNC, preserving local history and providing free, searchable online access for researchers and the public.Expenses $150,461 · grants $6,520 · revenue $5,310
- J.R. MCDOWELL SPEAKER SERIES The J.R. McDowell Speaker Series brings nationally recognized speakers to the community to present educational programs on topics of broad public interest. In September 2024, the Foundation hosted travel writer Rick Steves for a public lecture. Speakers also participate in educational outreach with local students and community groups, extending the programs impact beyond the public event.
- LOOKING GLASS ROCK WRITERS CONFERENCE The Looking Glass Rock Writers Conference, a partnership with Brevard College, promotes creative writing through workshops, readings, and community engagement centered on a sense of place. The program brings nationally and regionally recognized authors to Transylvania County and provides educational opportunities for writers of all experience levels. In 2025, featured faculty included Terrance Hayes, Elizabeth Rush, and Annette Saunooke Clapsaddle.
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
- 56-6011584
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1945
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,814,534
- Income (IRS master file)
- $140,884
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $79,472 | $203,147 | $5,814,534 | IRS |
| 990 | June 2024 | $84,913 | $180,042 | $5,243,666 | XML |
| 990 | June 2023 | $328,227 | $247,472 | $4,425,931 | XML |
| 990 | June 2022 | $189,992 | $155,620 | $3,868,360 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 56-6011584).
Questions about TRANSYLVANIA COUNTY LIBRARY FOUNDATION
- What is the EIN of TRANSYLVANIA COUNTY LIBRARY FOUNDATION?
- The employer identification number (EIN) of TRANSYLVANIA COUNTY LIBRARY FOUNDATION is 56-6011584.
- Is TRANSYLVANIA COUNTY LIBRARY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
- Are donations to TRANSYLVANIA COUNTY LIBRARY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRANSYLVANIA COUNTY 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 TRANSYLVANIA COUNTY 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 TRANSYLVANIA COUNTY 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 TRANSYLVANIA COUNTY LIBRARY FOUNDATION?
- The 990 for the year ended June 30, 2025 names Larry Sitton.
- Who are the officers and directors of TRANSYLVANIA COUNTY LIBRARY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does TRANSYLVANIA COUNTY LIBRARY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $79,472, expenses of $203,147 and total assets of $5,814,534 at year end.
Other nonprofits in BREVARD
- BREVARD COLLEGE CORPORATION EIN 56-0532297 · last filed 990 for 2025
- TRANSYLVANIA VOCATIONAL SERVICES INC EIN 56-1261616 · last filed 990 for 2025
- BREVARD MUSIC CENTER INCORPORATED EIN 56-0729350 · last filed 990 for 2024
- JOHN N GARDNER INSTITUTE FOREXCELLENCE IN UNDERGRADUATE EDUCATI EIN 26-0166817 · last filed 990 for 2025
- TRANSYLVANIA HABITAT FOR HUMANITY INC EIN 58-1581118 · last filed 990 for 2025
- TRANSYLVANIA PARTNERSHIP INC EIN 56-1894322 · last filed 990 for 2025
- BOYS AND GIRLS CLUB OF TRANSYLVANIA COUNTY INC EIN 56-2142829 · last filed 990 for 2025
- TRANSYLVANIA CHRISTIAN MINISTRY INC EIN 56-1292875 · last filed 990 for 2025