Civic Intelligence

Memorial and Library Association Of

EIN 05-0259005 • 501(c)3 • Westerly, RI

Profile

To strengthen community and enrich lives by stimulating intellect and sparking imagination through access to literature, information, technology, nature, and the arts.

44 Broad StreetWesterly, RI 02891

www.westerlylibrary.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.03x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.57x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

7th percentile

-39%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

52nd percentile

6.0%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-31%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$46,850,168

Up $2,445,068 (+5.5%) from 2024

Liabilities

Down

$619,477

Down $379,679 (-38%) from 2024

Net Assets

Up

$46,230,691

Up $2,824,747 (+6.5%) from 2024

Revenue

Down

$2,734,021

Down $1,244,399 (-31%) from 2024

Expenses

Up

$3,338,273

Up $122,077 (+3.8%) from 2024

Net Income

Down

-$604,252

Down $1,366,476 (-179%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $30,720,576Liabilities 2011: $4,388,033Net Assets 2011: $26,332,5432011Assets 2012: $31,407,899Liabilities 2012: $3,102,976Net Assets 2012: $28,304,9232012Assets 2013: $34,034,112Liabilities 2013: $3,003,659Net Assets 2013: $31,030,4532013Assets 2014: $35,158,833Liabilities 2014: $2,974,941Net Assets 2014: $32,183,8922014Assets 2015: $33,887,232Liabilities 2015: $2,821,898Net Assets 2015: $31,065,3342015Assets 2016: $32,400,391Liabilities 2016: $2,715,055Net Assets 2016: $29,685,3362016Assets 2017: $33,287,001Liabilities 2017: $2,658,883Net Assets 2017: $30,628,1182017Assets 2018: $33,240,746Liabilities 2018: $2,434,038Net Assets 2018: $30,806,7082018Assets 2019: $38,658,782Liabilities 2019: $2,317,289Net Assets 2019: $36,341,4932019Assets 2020: $38,334,448Liabilities 2020: $2,018,775Net Assets 2020: $36,315,6732020Assets 2021: $45,284,648Liabilities 2021: $1,870,229Net Assets 2021: $43,414,4192021Assets 2022: $38,501,613Liabilities 2022: $1,368,128Net Assets 2022: $37,133,4852022Assets 2023: $40,823,245Liabilities 2023: $1,214,605Net Assets 2023: $39,608,6402023Assets 2024: $44,405,100Liabilities 2024: $999,156Net Assets 2024: $43,405,9442024Assets 2025: $46,850,168Liabilities 2025: $619,477Net Assets 2025: $46,230,6912025

Highlighted filing

2025

Assets$46,850,168
Liabilities$619,477
Net Assets$46,230,691

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $2,504,8572011Expenses 2012: $2,740,7252012Revenue 2013: $4,136,655Expenses 2013: $2,717,796Net Income 2013: $1,418,8592013Revenue 2014: $1,765,034Expenses 2014: $2,803,896Net Income 2014: -$1,038,8622014Revenue 2015: $2,021,972Expenses 2015: $2,779,177Net Income 2015: -$757,2052015Revenue 2016: $2,071,169Expenses 2016: $2,768,550Net Income 2016: -$697,3812016Revenue 2017: $3,932,829Expenses 2017: $2,910,579Net Income 2017: $1,022,2502017Revenue 2018: $5,578,143Expenses 2018: $2,747,864Net Income 2018: $2,830,2792018Revenue 2019: $9,076,223Expenses 2019: $2,863,391Net Income 2019: $6,212,8322019Revenue 2020: $2,752,570Expenses 2020: $2,860,809Net Income 2020: -$108,2392020Revenue 2021: $2,353,119Expenses 2021: $2,926,348Net Income 2021: -$573,2292021Revenue 2022: $3,083,300Expenses 2022: $2,974,224Net Income 2022: $109,0762022Revenue 2023: $2,135,182Expenses 2023: $2,974,378Net Income 2023: -$839,1962023Revenue 2024: $3,978,420Expenses 2024: $3,216,196Net Income 2024: $762,2242024Revenue 2025: $2,734,021Expenses 2025: $3,338,273Net Income 2025: -$604,2522025

Highlighted filing

2025

Revenue$2,734,021
Expenses$3,338,273
Net Income-$604,252

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$46.9$0.62$46.2$2.73$3.34$0.60
2024Detailed filing. Detailed filing data is available for this year.$44.4$1.00$43.4$3.98$3.22$0.76
2023Detailed filing. Detailed filing data is available for this year.$40.8$1.21$39.6$2.14$2.97$0.84
2022Detailed filing. Detailed filing data is available for this year.$38.5$1.37$37.1$3.08$2.97$0.11
2021Detailed filing. Detailed filing data is available for this year.$45.3$1.87$43.4$2.35$2.93$0.57
2020Detailed filing. Detailed filing data is available for this year.$38.3$2.02$36.3$2.75$2.86$0.11
2019Detailed filing. Detailed filing data is available for this year.$38.7$2.32$36.3$9.08$2.86$6.21
2018Detailed filing. Detailed filing data is available for this year.$33.2$2.43$30.8$5.58$2.75$2.83
2017Detailed filing. Detailed filing data is available for this year.$33.3$2.66$30.6$3.93$2.91$1.02
2016Detailed filing. Detailed filing data is available for this year.$32.4$2.72$29.7$2.07$2.77$0.70
2015Detailed filing. Detailed filing data is available for this year.$33.9$2.82$31.1$2.02$2.78$0.76
2014Detailed filing. Detailed filing data is available for this year.$35.2$2.97$32.2$1.77$2.80$1.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.0$3.00$31.0$4.14$2.72$1.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.4$3.10$28.3$2.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.7$4.39$26.3$2.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 26, 2026
Return Version
2024v5.5
Gross Receipts
$3,262,726
Mission and Program Overview

Mission

To strengthen the community and enrich lives by stimulating intellect and sparking imagination through access to literative information, nature, and the arts.

To maintain the westerly library, hoxie gallery and wilcox park, a 15 acre arboretum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$32,972,799$35,909,947▲ $2,937,148
Land, Buildings, and Equipment, Net$7,696,261$7,606,813▼ $89,448
Pledges and Grants Receivable$909,453$502,870▼ $406,583
Savings and Temporary Cash Investments$602,286$419,391▼ $182,895
Cash and Non-Interest-Bearing Accounts$62,758$141,577▲ $78,819
Prepaid Expenses and Deferred Charges$110,768$98,306▼ $12,462
Accounts Receivable$3,380$4,154▲ $774
Total Assets$44,405,100$46,850,168▲ $2,445,068
Other Assets Total$2,047,395$2,167,110▲ $119,715
Liabilities
Mortgage Notes Payable Secured by Investment Property$799,555$501,968▼ $297,587
Accounts Payable and Accrued Expenses$191,601$117,509▼ $74,092
Deferred Revenue$8,000--
Total Liabilities$999,156$619,477▼ $379,679
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$28,829,470$31,729,548▲ $2,900,078
Net Assets With Donor Restrictions$14,576,474$14,501,143▼ $75,331
Total Net Assets Fund Balance$43,405,944$46,230,691▲ $2,824,747
Total Liabilities and Net Assets / Fund Balance$44,405,100$46,850,168▲ $2,445,068

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,892,719$12,390,923$18,283,642
Equipment$209,094$1,539,741$1,748,835
Land$1,505,000-$1,505,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$32,972,799$174,062▲ $4,245,430$1,482,344$35,909,947
2023$29,175,937$655,440▲ $4,580,590$1,439,168$32,972,799
2022$26,792,328$151,024▲ $3,629,835$1,397,250$29,175,937
2021$31,081,022$1,632,745▼ $4,571,439$1,350,000$26,792,328
2020$22,969,269$1,505,904▲ $7,836,074$1,230,225$31,081,022
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,588,401
Program Service Revenue
$10,760
Investment Income
$1,059,976
Other Revenue
$74,884
All Other Contributions
$486,849
Change in Net Assets
$-604,252

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$40,962Published Price
Other Non Cash Contri Table1$5,200Estimated Fair Market Value (FMV)
Other Non Cash Contri Table34$3,128Estimated Fair Market Value (FMV)
Other Non Cash Contri Table2$1,144Estimated Fair Market Value (FMV)
Other Non Cash Contri Table7$1,139Estimated Fair Market Value (FMV)
Other Non Cash Contri Table2$418Estimated Fair Market Value (FMV)
Total Noncash Contributions48$51,991-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,665,861
Revenue Not Reported on Financial Statements
$68,160
Revenue Not Reported on Form 990
$3,428,999
Total Revenue per Audited Statements
$6,094,860
Total Revenue per Form 990
$2,734,021
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,925,619
Other Expenses$1,412,654
Total Fundraising Expense$322,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,145,355$227,783$249,654$1,622,792
Depreciation Depletion$396,706$791-$397,497
Occupancy$169,624--$169,624
Payroll Taxes$98,565$18,318$20,586$137,469
Other Employee Benefits$106,764$21,199$7,533$135,496
Information Technology$54,927$48,928$20,271$124,126
Fees for Services Accounting-$108,146$794$108,940
Insurance$67,093$4,300$246$71,639
Fees for Service Investment Mgmnt Fees-$68,161-$68,161
All Other Expenses$25,548$20,549$7,839$53,936
Interest$30,889--$30,889
Other Expenses$30,822$4,275$637$30,822
Pension Plan Contributions$19,220$5,719$4,923$29,862
Fees for Services Management$13,513--$13,513
Office Expenses$282$366$9,245$9,893
Travel$5,614$438$583$6,635
Total Functional Expenses$2,486,989$528,973$322,311$3,338,273

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,338,273
Total Expenses per Audited Statements$3,338,273
Total Expenses per Form 990$3,338,273
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,198
Fundraising Direct Expenses$11,556
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Fundraising Event$30,843$9,537$268$9,269
Total Events$38,503$17,197$11,556$5,641
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 6

THE BOARD HAS MEMBERS.

Form 990, Part VI, Section A, Line 7A

Incorporators of the association have the power to elect on an annual basis a limited number of trustees at the annual meeting. Additionally, a representative of the towns of westerly and stonington is appointed by each town to sit on the board of trustees as an ex-officio member.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the audit committee, finance committee and executive director prior to filing.

Form 990, Part VI, Section B, Line 12C

The association requires all board members to disclose conflicts of interest with any potential or existing employees, board members,contributors or vendors.

Form 990, Part VI, Section B, Line 15

The board executive committee reviews performance and recommends compensation of the executive director. They obtain comparative data on all salaries from the rhode island office of library and information services. All other employees are part of a salary compensation plan.

Form 990, Part VI, Section C, Line 19

All financial documents including the governing documents, financial statements and conflict of interest policy are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Memorial and Library Association of
EIN
05-0259005
Phone
4015962877
Address
44 BROAD STREET, WESTERLY, RI 02891

Signing Officer

Name
Brigitte Hopkins
Title
Executive Director
Phone
4015962877
Signed
2026-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brigitte Hopkins
Formed
1892
Legal Domicile
Ri
Voting Board Members
16
Independent Board Members
16
Employees
48
Volunteers
0

Preparer

Firm
WESTMINSTER ADVISORY GROUP CPA'S
Address
117 METRO CENTER BLVD 2001, WARWICK, RI 02886
Preparer
Deana M Filippelli CPA
Phone
4017322501
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in beneficial interest in trusts 119,716.

FORM 990, PART XII, LINE 2C:

The audit process is unchanged from prior years.

Financial Statement Notes

PART III, LINE 1A:

The collections, which were acquired through purchases and contributions since the association's inception, are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired. Contributed collection items are not reflected in the financial statements. Proceeds from dispositions or insurance recoveries are reflected in the statement of activities and changes in net assets as temporarily restricted or unrestricted revenue in accordance with any donor restrictions.

PART III, LINE 4:

Art and artifact collections are displayed in the gallery. Original collections and recorded interviews relating to the granite industry are used by scholars, as is the margaret wise brown collection. The association has a climate-controlled room for historical documents and artifacts. Items from its collection have been loaned to museums in vermont,connecticut, and japan. Items are on loan to the babcock smith house in westerly.

PART V, LINE 4:

The association's endowment funds are intended to provide long term support of the operations of the park and library. Donor restricted funds provide for purchases of new library materials as well as the maintenance of the park and building while board designated funds provide for the general operations and administration of the association as managed by the spending policy.

PART X, LINE 2:

The organization does not recognize any liability for uncertain tax positions as defined by accounting prinicples generally accepted in the united states.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in beneficial interest in trust 119,716.

Raw XML AppendixShowing 400 of 663 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.

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IRS990/Desc0LIBRARY - THE LIBRARY PROVIDES ESSENTIAL RESOURCES,SERVICES AND PROGRAMS THAT ENRICH THE LIVES OF ALL ITS PATRONS; CHILDREN OF ALL AGES ARE WELCOME,& INTRODUCED TO THE MAGIC OF READING; IT IS A CENTER FOR CIVIC PRIDE & COMMUNITY; IT IS A THRIVING, BUSY, WARM, BEAUTIFUL, & WELCOMING PLACE. WE HAVE 11,916 PATRONS WITH ACTIVE LIBRARY CARDS & THOUSANDS OF OTHERS WHO TAKE ADVANTAGE OF OUR FREE OFFERINGS, NO CARDS REQUIRED. OUR TOTAL CIRCULATION LAST YEAR, INCLUDING EZONE BOOKS, WAS 310,828 ITEMS,WE HAD 13,103 COMPUTER USERS & 37,860 WIRELESS SESSIONS. WE ARE PART OF A LIBRARY CONSORTIUM, SHARING DIGITAL MATERIALS AND A PATRON CATALOGING AND CIRCULATION DATABASE. WE ARE ALSO PART OF THE LIBRARY OF RI NETWORK MATERIAL LENDING, AND ASK RI SUBSCRIPTION DATABASES. WE PROVIDE EBOOKS AND RESEARCH HELP,TECHNOLOGY ASSISTANCE,ACCESS TO THE INTERNET,A LIBRARY OF THINGS AND A WCAG 2.0 AA COMPLIANT WEBSITE THAT SERVES AS OUR VIRTUAL SELF AND PRIMARY MEDIA INTERFACE.
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IRS990/Form990PartVIISectionAGrp/PersonNm2PEGGY MURPHY-BRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm3BETTY-JO CUGINI
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER B ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNIFER OBREY
IRS990/Form990PartVIISectionAGrp/PersonNm6MOJIE F FRIEL
IRS990/Form990PartVIISectionAGrp/PersonNm7ANN LAIN
IRS990/Form990PartVIISectionAGrp/PersonNm8COLLEEN SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm9MARIA BERNIER
IRS990/Form990PartVIISectionAGrp/PersonNm10MARY CAROL KENDZIA
IRS990/Form990PartVIISectionAGrp/PersonNm11WILLIAM MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm12MARY SCIALABBA
IRS990/Form990PartVIISectionAGrp/PersonNm13LOUIS TOSCANO
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT GERVASINI
IRS990/Form990PartVIISectionAGrp/PersonNm15MARY JO GIRARD
IRS990/Form990PartVIISectionAGrp/PersonNm16DEBORAH HAROLD
IRS990/Form990PartVIISectionAGrp/PersonNm17GARA LAMARCHE
IRS990/Form990PartVIISectionAGrp/PersonNm18BEN TAMSKY
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
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IRS990/MissionDesc0TO STRENGTHEN COMMUNITY AND ENRICH LIVES BY STIMULATING INTELLECT AND SPARKING IMAGINATION THROUGH ACCESS TO LITERATURE, INFORMATION, TECHNOLOGY, NATURE, AND THE ARTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0WILCOX PARK - WILCOX PARK IS A NATIONALLY SIGNIFICANT ARBORETUM AND DESIGNED LANDSCAPE, AND ONE OF THE CORNERSTONES FOR OUR SENSE OF PLACE IN THE REGION. IT IS A BEAUTIFUL, PRIVATE PARK THAT ALSO SERVES AS AN OUTDOOR COMMUNITY SPACE. THE ASSOCIATION MAINTAINS AND PRESERVES THIS HISTORIC RESOURCE AND, THROUGH THAT, IN KEEPING DOWNTOWN WESTERLY LOOKING BEAUTIFUL AND WELL-MAINTAINED. THE PARK CONTAINS VARIOUS EDUCAITONAL GARDENS, MONUMENTS, CHAMPION TREES AND A COTTAGE THAT HOSTS SEVERAL ARTIST-IN-RESIDENCE THROUGHOUT THE YEAR. THE PARK'S EDUCATIONAL POTENTIAL IS REALIZED THROUGH PROGRAMS THAT PROMOTE A VARIETY OF THINGS INCLUDING ENVIRONMENTAL AWARENESS, WELLNESS, AND COMMUNITY. PROGRAMS INCLUDE THE ANNUAL GARDEN MARKET FAIR, THE VIRTU ART FESTIVAL WHICH SHOWCASES THE WORK OF 200 ARTISTS, THE SUMMER POPS CONCERT BY THE CHORUS OF WESTERLY, AND THE ANNUAL THEATER IN THE PARK PRODUCTIONS.
IRS990/ProgSrvcAccomActy3Grp/Desc0BUILDING - THE BUILDING THAT HOUSES WESTERLY LIBRARY IS ONE OF THE MOST SIGNIFICANT STRUCTURES IN THE WILCOX PARK HISTORIC DISTRICT. ITS CIVIL WAR MEMORIAL IS ONE OF THE GREAT LANDMARKS IN RHODE ISLAND, AND A STRONG EXAMPLE OF THE VISION AMERICA HAD FOR THE IMPORTANT ROLE TO BE PLAYED BY ITS LATE19TH CENTURY LIBRARIES IN FORGING A NEW, DEMOCRATIC, POST CIVIL WAR SOCIETY. THE BUILDING CONTAINS A READING ROOM, MEDIA SPACE, COMPUTER LAB, MAKERSPACE, TEEN ROOM, KIDS ROOM, TWEEN SPACE, AUDITORIUM, STUDY ROOMS, MEETING SPACES AND AN ART GALLERY THAT IS A MAJOR SITE FOR THE EXHIBITION OF REGIONAL ARTISTS OF ALL TYPES.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01392167

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