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Nonprofit · EIN 04-3297875

THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC

Tax-exempt (reinstated) · QUINCY, MA 02269

Financials

$43K$82K2023$77K$2K2024
Revenue Expenses · by fiscal year end
Financials of THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$76,899$1,864$75,035$1,264,951$0$1,264,951
December 31, 2023990$42,805$82,070-$39,265$1,105,758$0$1,105,758
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,586
Program service revenue
$0
Investment income
$75,313
Net gain from sales of assets
$44,246
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,259
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,259
Management and general (functional)
$605

Balance sheet and other

Total assets, start of year
$1,105,758
Total assets, end of year
$1,264,951
Total liabilities, end of year
$0
Net assets, end of year
$1,264,951
Publicly traded securities
$1,146,224
Net assets without donor restrictions
$1,264,951
Gross receipts
$98,872
Employees
0
Year formed
1995
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROBERT CERASOLIPRESIDENT/DI
Trustee or director, Officer
0.25$0
MARY FARRELLYDIRECTOR
Trustee or director
0.25$0
NANCY GORDONTREASURER/DI
Trustee or director, Officer
0.25$0
CORINNE MITCHELLCLERK/DIRECT
Trustee or director, Officer
0.25$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ROBERT CERASOLIDIRECTOR/PRE
Trustee or director, Officer
1$0
MARY FARRELLYDIRECTOR
Trustee or director
0.5$0
NANCY GORDONDIRECTOR/TRE
Trustee or director, Officer
1$0
CORINNE MITCHELLDIRECTOR / C
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
PO BOX 690786, QUINCY, MA 02269-0786
In care of
% MEGAN ALLEN LIBRARY DIR
Mailing address (990-N for 2012)
40 Washington Street, Quincy MA 02169
Principal officer (990 for 2024)
ROBERT CERASOLI, 47 WASHINGTON STREET, QUINCY, MA 02169
Principal officer (990-N for 2012)
Tina Cahill, 40 Washington Street, Quincy MA 02169
Signed the 990
ROBERT CERASOLI, PRESIDENT/DIRECTOR
Phone
(617) 376-1312
Return prepared by
BRENT RICHARDSON CPA

Mission

THE THOMAS CRANE PUBLIC LIBRARY FOUNDATION, INC. SUPPORTS AND STRENGTHENS THE MISSION OF THE THOMAS CRANE PUBLIC LIBRARY SYSTEM (AND THE LIBRARY'S NATIONAL HISTORIC LANDMARK RICHARDSON BUILDING) BY RAISING THE VISIBILITY OF THE LIBRARY AND ITS PROGRAMS, AND ENCOURAGING COMMUNITY INVOLVEMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • VARIOUS EDUCATIONAL MATERIALS, EQUIPMENT, AND FURNISHINGS WERE DIRECTLY PURCHASED BY THE FOUNDATION FOR THE EXCLUSIVE USE AND BENEFIT OF THE THOMAS CRANE PUBLIC LIBRARY OF QUINCY, MA. THE FURNISHINGS, MATERIALS, AND EQUIPMENT PROVIDED RAISES THE LIBRARY'S LEVEL OF SERVICE TO ALL.
    Expenses $1,259 · grants $1,259

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3297875
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B70)
Assets (IRS master file)
$1,264,951
Income (IRS master file)
$98,872

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
August 8, 2016
Reinstated
Effective October 15, 2016

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
990December 2024$76,899$1,864$1,264,951XML
990December 2023$42,805$82,070$1,105,758XML
990December 2022$46,785$51,979$1,059,601IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2012
Officer: Tina Cahill
December 31, 2012≤ $50,000 receipts––e-Postcard

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 04-3297875).

Questions about THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC

What is the EIN of THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC?
The employer identification number (EIN) of THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC is 04-3297875.
Is THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective October 15, 2016.
Are donations to THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THOMAS CRANE PUBLIC LIBRARY FOUNDATION 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 THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC 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 THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names ROBERT CERASOLI.
Who are the officers and directors of THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does THOMAS CRANE PUBLIC LIBRARY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $76,899, expenses of $1,864 and total assets of $1,264,951 at year end.

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