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Nonprofit · EIN 61-1797025

PEABODY INSTITUTE OF DANVERS

Tax-exempt (reinstated) · DANVERS, MA 01923

Financials

$140K$41K2023$44K$28K2024
Revenue Expenses · by fiscal year end
Financials of PEABODY INSTITUTE OF DANVERS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$43,709$27,654$16,055$776,361$0$776,361
June 30, 2024990$140,484$41,446$99,038$723,495$0$723,495
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$862
Program service revenue
$7,115
Investment income
$33,960
Net gain from sales of assets
$12,504
Other revenue
$1,772

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,110
Program services (functional)
$17,754
Management and general (functional)
$9,900

Balance sheet and other

Total assets, start of year
$723,495
Total assets, end of year
$776,361
Total liabilities, end of year
$0
Net assets, end of year
$776,361
Publicly traded securities
$666,747
Gross receipts
$181,066
Employees
0
Volunteers
15
Year formed
1882
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
JESSICA CARGILEDIRECTOR/VICE CHAIRMAN
Trustee or director, Officer
–$0
JULIE CURTISDIRECTOR/CLERK
Trustee or director, Officer
–$0
DONNA HOPKINSDIRECTOR/CHAIRMAN
Trustee or director, Officer
–$0
IRENE CONTEDIRECTOR
Trustee or director
–$0
D MICHAEL HAGANDIRECTOR
Trustee or director
–$0
DR CHARLES F DESMONDDIRECTOR
Trustee or director
–$0
CORY RYANDIRECTOR/TREASURER
Trustee or director
–$0
KENNETH LEEDIRECTOR
Trustee or director
–$0
NOAH LEAVITTDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
NATALIE LUCA-FIOREDIRECTOR/CHAIR
Trustee or director, Officer
–$0
JESSICA CARGILEDIRECTOR/TREASURER
Trustee or director, Officer
–$0
JULIE CURTISDIRECTOR/CLERK
Trustee or director, Officer
–$0
DONNA HOPKINSDIRECTOR/VICE CHAIR
Trustee or director, Officer
–$0
IRENE CONTEDIRECTOR
Trustee or director
–$0
D MICHAEL HAGANDIRECTOR
Trustee or director
–$0
CHARLES F DESMONDDIRECTOR
Trustee or director
–$0
CORY RYANDIRECTOR
Trustee or director
–$0
KENNETH LEEDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
15 SYLVAN ST, DANVERS, MA 01923-2735
In care of
% ALAN THIBEAULT
Principal officer (990 for 2024)
RYAN COREY, 170 MAPLE STREET, DANVERS, MA 01923
Signed the 990
COREY RYAN, TREASURER
Phone
(978) 774-0554
Return prepared by
ROBERT J GUIMOND CPA

Mission

TO RAISE, MANAGE AND AUTHORIZATION EXPENDITURES OF FUNDS IN SUPPORT OF THE PEABODY INSTITUTE LIBRARY LOCATED IN DANVERS.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE SUPPORT TO DANVERS PUBLIC LIBRARY AND ITS ARCHIVES.
    Expenses $17,754 · revenue $8,887

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
61-1797025
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$776,361
Income (IRS master file)
$181,066

Revocation and reinstatement

Exemption revoked
November 15, 2010
Posted by the IRS
March 4, 2017
Reinstated
Effective November 15, 2010

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
990June 2025$43,709$27,654$776,361IRS
990June 2024$140,484$41,446$723,495XML
990June 2023$44,949$26,724$578,172IRS
990June 2022$49,808$24,052$548,554IRS
990June 2021–––IRS
990-EZJune 2019–––IRS
990-EZJune 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 61-1797025).

Questions about PEABODY INSTITUTE OF DANVERS

What is the EIN of PEABODY INSTITUTE OF DANVERS?
The employer identification number (EIN) of PEABODY INSTITUTE OF DANVERS is 61-1797025.
Is PEABODY INSTITUTE OF DANVERS tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
Are donations to PEABODY INSTITUTE OF DANVERS tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does PEABODY INSTITUTE OF DANVERS 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 PEABODY INSTITUTE OF DANVERS 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 PEABODY INSTITUTE OF DANVERS 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 PEABODY INSTITUTE OF DANVERS?
The 990 for the year ended June 30, 2025 names RYAN COREY.
Who are the officers and directors of PEABODY INSTITUTE OF DANVERS?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does PEABODY INSTITUTE OF DANVERS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $43,709, expenses of $27,654 and total assets of $776,361 at year end.

Other nonprofits in DANVERS

All nonprofits in DANVERS · Massachusetts · Education