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Nonprofit · EIN 59-1027774

FRIENDS OF THE VENICE PUBLIC LIBRARY INC

Tax-exempt (reinstated) · VENICE, FL 34285

Financials

$1.4M$206K2023$234K$215K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE VENICE PUBLIC LIBRARY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$233,940$214,975$18,965$3,121,698$7,017$3,114,681
September 30, 2024990$1,416,204$206,182$1,210,022$2,858,608$2,564$2,856,044
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$108,812
Membership dues
$4,187
Program service revenue
$42,314
Investment income
$82,814
Net gain from sales of assets
$48,204
Other revenue
$0

Expenses

Grants and similar amounts paid
$164,033
Benefits paid to members
$9,805
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,750
Program services (functional)
$192,750
Management and general (functional)
$22,225

Balance sheet and other

Total assets, start of year
$2,858,608
Total assets, end of year
$3,121,698
Total liabilities, end of year
$7,017
Net assets, end of year
$3,114,681
Net assets without donor restrictions
$3,114,681
Gross receipts
$613,395
Employees
0
Year formed
1962
State of legal domicile
FL

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Tobe CookinghamDirector
Trustee or director
1$0
Janet KnudsenPresident
Trustee or director
1$0
Donna PachotaDirector
Trustee or director
1$0
Laura JoDirector
Trustee or director
1$0
Lynn GelzheiserDirector
Trustee or director
1$0
Heather ShirleySecretary
Trustee or director
1$0
Karen MurphyTreasury
Trustee or director
5$0
Deborah KostrounDirector
Trustee or director
20$0
Charlene RomanoDirector
Trustee or director
1$0
Margaret StalfordVice President
Trustee or director
1$0
Michael RankDirector
Trustee or director
1$0
Dennis BackensDirector
Trustee or director
1$0
Betty WolfeDirector
Trustee or director
1$0
990 for the year ended September 30, 2024: 13 people
NameTitleHours / weekCompensation
Margaret StalfordVice President
Trustee or director
0$0
Charlene RomanoDirector
Trustee or director
0$0
Deborah KostrounDirector
Trustee or director
0$0
Betty WolfeDirector
Trustee or director
0$0
Dennis BackensDirector
Trustee or director
0$0
Michael RankDirector
Trustee or director
0$0
Karen MurphyTreasury
Trustee or director
5$0
Donna PachotaDirector
Trustee or director
1$0
Janet KnudsenPresident
Trustee or director
1$0
Tobe CookinghamDirector
Trustee or director
1$0
Heather ShirleySecretary
Trustee or director
1$0
Lynn GelzheiserDirector
Trustee or director
1$0
Laura JoDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
300 NOKOMIS AVE S, VENICE, FL 34285-2416
In care of
% KAREN MURPHY
Signed the 990
KAREN MURPHY, Treasury
Phone
(941) 861-1351
Return prepared by
Sandra K Pridemore CPA PA

Mission

The organization enhances the community through its library. The Friends sustain vital programs, services and resources provided by the William H Jervey Jr Venice Public Library, guaranteeing our Librarys enduring role as the heart of our community for years to come.

990 for the year ended September 30, 2025

Program accomplishments

  • Provided financial support for books, materials, programs, services, resources, and other non-budgeted expenses for the William H Jervey Jr Venice Public Library.
    Expenses $192,750 · revenue $125,128

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
59-1027774
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,121,698
Income (IRS master file)
$613,395

Revocation and reinstatement

Exemption revoked
February 15, 2022
Posted by the IRS
October 18, 2022
Reinstated
Effective February 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$233,940$214,975$3,121,698XML
990September 2024$1,416,204$206,182$2,858,608XML
990September 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 59-1027774).

Questions about FRIENDS OF THE VENICE PUBLIC LIBRARY INC

What is the EIN of FRIENDS OF THE VENICE PUBLIC LIBRARY INC?
The employer identification number (EIN) of FRIENDS OF THE VENICE PUBLIC LIBRARY INC is 59-1027774.
Is FRIENDS OF THE VENICE PUBLIC LIBRARY INC tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2022 and reinstated it effective February 15, 2022.
Are donations to FRIENDS OF THE VENICE PUBLIC LIBRARY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE VENICE PUBLIC LIBRARY 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 FRIENDS OF THE VENICE PUBLIC LIBRARY INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE VENICE PUBLIC LIBRARY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who are the officers and directors of FRIENDS OF THE VENICE PUBLIC LIBRARY INC?
The 990 for the year ended September 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE VENICE PUBLIC LIBRARY INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $233,940, expenses of $214,975 and total assets of $3,121,698 at year end.

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