Civic Intelligence

The Milton Library Foundation Inc

990 • Fiscal year 2021 • EIN 04-3614024

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 11, 2021

Organization ProfileWWW.MILTONLIBRARY.ORG/FOUNDATION
P O Box 314Milton, MA 02186

(617) 698-5757

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.38x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

83rd percentile

44%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

75th percentile

27%

Faster asset growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

98th percentile

565%

Faster revenue growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$1,914,482

Up $402,268 (+27%) from 2020

Net Assets

Up

$1,820,628

Up $369,352 (+25%) from 2020

Liabilities

Up

$93,854

Up $32,916 (+54%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin83rd percentile

Revenue

Up

$246,696

Up $209,595 (+565%) from 2020

Expenses

Up

$139,300

Up $59,482 (+75%) from 2020

Net Income

Up

$107,396

Up $150,113 (+351%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $294,483Liabilities 2010: $0Net Assets 2010: $294,4832010Assets 2011: $371,897Liabilities 2011: $0Net Assets 2011: $371,8972011Assets 2012: $529,342Liabilities 2012: $5,548Net Assets 2012: $523,7942012Assets 2013: $710,205Liabilities 2013: $307Net Assets 2013: $709,8982013Assets 2014: $829,553Liabilities 2014: $818Net Assets 2014: $828,7352014Assets 2015: $872,808Liabilities 2015: $0Net Assets 2015: $872,8082015Assets 2016: $1,106,983Liabilities 2016: $2,072Net Assets 2016: $1,104,9112016Assets 2017: $1,333,996Liabilities 2017: $2,717Net Assets 2017: $1,331,2792017Assets 2018: $1,280,758Liabilities 2018: $202Net Assets 2018: $1,280,5562018Assets 2019: $1,578,851Liabilities 2019: $25,597Net Assets 2019: $1,553,2542019Assets 2020: $1,512,214Liabilities 2020: $60,938Net Assets 2020: $1,451,2762020Assets 2021: $1,914,482Liabilities 2021: $93,854Net Assets 2021: $1,820,6282021Assets 2022: $1,700,129Liabilities 2022: $52,048Net Assets 2022: $1,648,0812022Assets 2023: $1,796,518Liabilities 2023: $6,716Net Assets 2023: $1,789,8022023Assets 2024: $1,992,487Liabilities 2024: $15,592Net Assets 2024: $1,976,8952024Assets 2025: $2,088,690Liabilities 2025: $13,194Net Assets 2025: $2,075,4962025

Highlighted filing

2021

Assets$1,914,482
Liabilities$93,854
Net Assets$1,820,628
Open 2021 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $95,477Expenses 2010: $70,159Net Income 2010: $25,3182010Revenue 2011: $190,385Expenses 2011: $112,971Net Income 2011: $77,4142011Expenses 2012: $69,4572012Revenue 2013: $210,115Expenses 2013: $35,069Net Income 2013: $175,0462013Revenue 2014: $194,767Expenses 2014: $74,293Net Income 2014: $120,4742014Revenue 2015: $83,351Expenses 2015: $25,163Net Income 2015: $58,1882015Revenue 2016: $219,545Expenses 2016: $36,158Net Income 2016: $183,3872016Revenue 2017: $221,891Expenses 2017: $99,775Net Income 2017: $122,1162017Revenue 2018: $231,725Expenses 2018: $182,506Net Income 2018: $49,2192018Revenue 2019: $256,874Expenses 2019: $154,585Net Income 2019: $102,2892019Revenue 2020: $37,101Expenses 2020: $79,818Net Income 2020: -$42,7172020Revenue 2021: $246,696Expenses 2021: $139,300Net Income 2021: $107,3962021Revenue 2022: $440,288Expenses 2022: $97,016Net Income 2022: $343,2722022Revenue 2023: $124,229Expenses 2023: $94,635Net Income 2023: $29,5942023Revenue 2024: $212,101Expenses 2024: $62,907Net Income 2024: $149,1942024Revenue 2025: $197,856Expenses 2025: $157,821Net Income 2025: $40,0352025

Highlighted filing

2021

Revenue$246,696
Expenses$139,300
Net Income$107,396
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 11, 2021
Return Version
2020v4.0
Gross Receipts
$397,616
Mission and Program Overview

Mission

Maintain and support the public library in the town of milton, ma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,441,364$1,765,417▲ $324,053
Cash and Non-Interest-Bearing Accounts$60,550$149,065▲ $88,515
Savings and Temporary Cash Investments$10,300--
Total Assets$1,512,214$1,914,482▲ $402,268
Liabilities
Grants Payable$60,237$93,806▲ $33,569
Accounts Payable and Accrued Expenses$701$48▼ $653
Total Liabilities$60,938$93,854▲ $32,916
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$863,297$1,143,215▲ $279,918
Net Assets With Donor Restrictions$587,979$677,413▲ $89,434
Total Net Assets Fund Balance$1,451,276$1,820,628▲ $369,352
Total Liabilities and Net Assets / Fund Balance$1,512,214$1,914,482▲ $402,268

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,431,127$58,000▲ $320,096-$1,765,417
2019$1,351,866$125,000▼ $35,502-$1,431,127
2018$1,079,424$80,000▲ $207,653-$1,351,866
2017$1,141,063$30,000▼ $76,866-$1,079,424
2016$981,161$50,000▲ $124,512-$1,141,063
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Jessie BourneufPresident
Anne CollinsDirector
Genevieve MartlandDirector
Joan MoynaughDirector
Kathy FaganDirector
Leroy WalkerDirector
Leslie Robinson WillDirector
John HittClerk
Michael ZullasPast Preside
Amit MitraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$175,976
Program Service Revenue
$0
Investment Income
$70,720
Other Revenue
$0
All Other Contributions
$175,976
Change in Net Assets
$107,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$94,978
Other Expenses$44,322
Total Fundraising Expense$15,367
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$94,978--$94,978
Office Expenses--$14,841$14,841
Fees for Service Investment Mgmnt Fees-$12,576-$12,576
Fees for Services Other-$6,714-$6,714
Fees for Services Accounting-$4,825-$4,825
Information Technology-$4,378-$4,378
Insurance-$412-$412
Advertising--$388$388
Other Expenses-$50$138$50
Total Functional Expenses$94,978$28,955$15,367$139,300
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Milton Public LibraryMilton, MA-Library Support$94,978
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the treasurer before filing.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Milton Library Foundation Inc
EIN
04-3614024
Phone
6176985757
Address
P O BOX 314, MILTON, MA 02186

Signing Officer

Name
Amit Mitra
Title
Treasurer
Phone
7813571499
Signed
2021-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amit Mitra
Formed
2002
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
David M Pinkham CPA LLC
Address
475 SCHOOL STREET SUITE 13, MARSHFIELD, MA 02050
Preparer
David M Pinkham
Phone
7818340444
Raw XML AppendixShowing 400 of 408 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0701
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt048
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MAINTAIN AND SUPPORT THE PUBLIC LIBRARY IN THE TOWN OF MILTON, MA.
IRS990/AdvertisingGrp/FundraisingAmt0388
IRS990/AdvertisingGrp/TotalAmt0388
IRS990/AllOtherContributionsAmt0175976
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0AMIT MITRA
IRS990/BooksInCareOfDetail/PhoneNum06176985757
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 314
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002186
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt060550
IRS990/CashNonInterestBearingGrp/EOYAmt0149065
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0175976
IRS990/CYGrantsAndSimilarPaidAmt094978
IRS990/CYInvestmentIncomeAmt070720
IRS990/CYOtherExpensesAmt044322
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0107396
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0139300
IRS990/CYTotalFundraisingExpenseAmt015367
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0246696
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0GRANTS FOR THE MAINTENANCE OF BUILDINGS IN THE PUBLIC LIBRARY SYSTEM IN THE TOWN OF MILTON, MA, AS WELL AS TO PROVIDE BOOKS, MATERIALS, SERVICES, AND OTHER PROGRAMS WITHIN THE LIBRARY SYSTEM.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0587979
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0677413
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt094978
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04825
IRS990/FeesForServicesAccountingGrp/TotalAmt04825
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06714
IRS990/FeesForServicesOtherGrp/TotalAmt06714
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt012576
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012576
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt16.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt56.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL ZULLAS
IRS990/Form990PartVIISectionAGrp/PersonNm1JESSIE BOURNEUF
IRS990/Form990PartVIISectionAGrp/PersonNm2AMIT MITRA
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN HITT
IRS990/Form990PartVIISectionAGrp/PersonNm4LESLIE ROBINSON WILL
IRS990/Form990PartVIISectionAGrp/PersonNm5LEROY WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm6JOAN MOYNAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm7ANNE COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm8KATHY FAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm9GENEVIEVE MARTLAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt023578
IRS990/GainOrLossGrp/SecuritiesAmt026086
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt094978
IRS990/GrantsPayableGrp/BOYAmt060237
IRS990/GrantsPayableGrp/EOYAmt093806
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt094978
IRS990/GrantsToDomesticOrgsGrp/TotalAmt094978
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt023578
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0177006
IRS990/GrossReceiptsAmt0397616
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04378
IRS990/InformationTechnologyGrp/TotalAmt04378
IRS990/InsuranceGrp/ManagementAndGeneralAmt0412
IRS990/InsuranceGrp/TotalAmt0412
IRS990/InvestmentIncomeGrp/ExclusionAmt021056
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021056
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01441364
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01765417
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0150920
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MAINTAIN AND SUPPORT THE PUBLIC LIBRARY IN THE TOWN OF MILTON, MA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01451276
IRS990/NetAssetsOrFundBalancesEOYAmt01820628
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt023578
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt026086
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt049664
IRS990/NetUnrlzdGainsLossesInvstAmt0261956
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0863297
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01143215
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt014841
IRS990/OfficeExpensesGrp/TotalAmt014841
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0ONLINE PROCESSING FEES
IRS990/OtherExpensesGrp/Desc1TAXES & FILING FEES
IRS990/OtherExpensesGrp/FundraisingAmt0138
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050
IRS990/OtherExpensesGrp/TotalAmt0138
IRS990/OtherExpensesGrp/TotalAmt150
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AMIT MITRA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05057
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt060237
IRS990/PYInvestmentIncomeAmt029140
IRS990/PYOtherExpensesAmt019581
IRS990/PYOtherRevenueAmt02904
IRS990/PYRevenuesLessExpensesAmt0-42717
IRS990/PYTotalExpensesAmt079818
IRS990/PYTotalRevenueAmt037101
IRS990/ReconcilationRevenueExpnssAmt0107396
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010300
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0A TRUSTEE OF THE SUPPORTED ORGANIZATION IS ON THE BOARD OF THE MILTON LIBRARY FOUNDATION, ATTENDING ALL BOARD MEETINGS. THE BOARD IS RESPONSIBLE FOR INVESTMENT DECISIONS AND ONGOING FINANCIAL REVIEW OF THOSE INVESTMENTS. IN ADDITION, THE LIBRARY DIRECTOR RECEIVES THE MONTHLY TREASURER'S REPORTS, INCLUDING INVESTMENT ACTIVITY AND BALANCES, AND COMMUNICATES WITH THE FOUNDATION THROUGHOUT THE YEAR CONCERNING LIBRARY NEEDS AND TIMING OF GRANTS TO MEET THOSE NEEDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE MILTON LIBRARY FOUNDATION WAS ESTABLISHED IN 2002 TO MAINTAIN AND SUPPORT THE PUBLIC LIBRARY IN THE TOWN OF MILTON, MASSACHUSETTS. PRIMARY SUPPORT FOR THE LIBRARY IS THROUGH TOWN FUNDING. THE FOUNDATION PROVIDED GRANTS IN THE AMOUNT OF 82,691 DURING THE CURRENT YEAR AS ADDITIONAL SUPPORT FOR THIS GOVERNMENT ENTITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 1C
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0202635739
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt094978
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MILTON PUBLIC LIBRARY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0MILTON PUBLIC LIBRARY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt094978
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.61640
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01431127
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt058000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01765417
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt043806
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0320096
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01351866
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0125000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01431127
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt010237
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-35502
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01079424
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt080000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01351866
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt015211
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0207653
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01141063
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt030000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01079424
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt014773
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-76866
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0981161
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01141063
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt014610
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0124512
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.28320
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.10040
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt094978
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LIBRARY SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MILTON PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0202635739
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0476 CANTON AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MILTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002186
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE TREASURER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01512214
IRS990/TotalAssetsEOYAmt01914482
IRS990/TotalAssetsGrp/BOYAmt01512214
IRS990/TotalAssetsGrp/EOYAmt01914482
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0175976
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015367
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028955
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt094978
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139300
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt060938
IRS990/TotalLiabilitiesEOYAmt093854
IRS990/TotalLiabilitiesGrp/BOYAmt060938
IRS990/TotalLiabilitiesGrp/EOYAmt093854
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01451276
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01820628
IRS990/TotalProgramServiceExpensesAmt094978
IRS990/TotalRevenueGrp/ExclusionAmt044634
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026086
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0246696
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01512214
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01914482
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 314
IRS990/USAddress/CityNm0MILTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002186
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.MILTONLIBRARY.ORG/FOUNDATION
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMIT MITRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07813571499
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILTON LIBRARY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MILT
ReturnHeader/Filer/EIN0043614024
ReturnHeader/Filer/PhoneNum06176985757
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 314
ReturnHeader/Filer/USAddress/CityNm0MILTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002186
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204061852
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID M PINKHAM CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 SCHOOL STREET SUITE 13
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARSHFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002050
ReturnHeader/PreparerPersonGrp/PhoneNum07818340444
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID M PINKHAM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,914,482
Liabilities
$93,854
Net assets
$1,820,628
Revenue
$246,696
Expenses
$139,300
Net income
$107,396
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.09$0.01$2.08$0.20$0.16$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.99$0.02$1.98$0.21$0.06$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.01$1.79$0.12$0.09$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.70$0.05$1.65$0.44$0.10$0.34
2021Detailed filing. Detailed filing data is available for this year.$1.91$0.09$1.82$0.25$0.14$0.11
2020Summary only. Only limited summary data is available for this year.$1.51$0.06$1.45$0.04$0.08$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.58$0.03$1.55$0.26$0.15$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.23$0.18$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.22$0.10$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.10$0.22$0.04$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.08$0.03$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.19$0.07$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.21$0.04$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.19$0.11$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.10$0.07$0.03