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Nonprofit · EIN 85-2048410

LIBRARY FUTURES FOUNDATION

Tax-exempt · BIDDEFORD, ME 04005

Financials

$100K$62K2023$100K$149K2024
Revenue Expenses · by fiscal year end
Financials of LIBRARY FUTURES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$100,000$149,295-$49,295$66,216$780$65,436
December 31, 2023990-EZ$100,000$61,503$38,497$116,614$1,883$114,731
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,000

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$123,905
Printing, publications and postage
$1,298
Other expenses
$24,092

Balance sheet and other

Total assets, start of year
$116,614
Total assets, end of year
$66,216
Total liabilities, end of year
$780
Net assets, end of year
$65,436
Cash, savings and investments
$66,216
Gross receipts
$100,000

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Heather JosephTreasurer1$0
John ChrastkaTreasurer1$0
Kyle CourtneyChairman1$0
Meikle HallSecretary1$0
Caroline TuckerTreasurer1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Kyle CourtneyChairman1$0
Meikle HallSecretary1$0
Caroline TaylorTreasurer1$0
Heather JosephDirector1$0
John ChrastkaDirector1$0

Address and contacts

Address (IRS master file)
319 MAIN ST, BIDDEFORD, ME 04005-2354
In care of
% PGM LLC
Signed the 990-EZ
Tucker Taylor, Chairman
Phone
(207) 415-5714
Return prepared by
PGM LLC

Mission

To promote libraries and library functions in the digital world.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Advance the charitable and educational interests of libraries and other institutions that seek to make digital content available and accessible as a public good.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-2048410
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$66,216
Income (IRS master file)
$100,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$100,000$149,295$66,216IRS
990-EZDecember 2023$100,000$61,503$116,614XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 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 85-2048410).

Questions about LIBRARY FUTURES FOUNDATION

What is the EIN of LIBRARY FUTURES FOUNDATION?
The employer identification number (EIN) of LIBRARY FUTURES FOUNDATION is 85-2048410.
Is LIBRARY FUTURES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2021.
Are donations to LIBRARY FUTURES FOUNDATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LIBRARY FUTURES 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 LIBRARY FUTURES FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIBRARY FUTURES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LIBRARY FUTURES FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LIBRARY FUTURES FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $100,000, expenses of $149,295 and total assets of $66,216 at year end.

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