Nonprofit · EIN 06-0709304
OLIVER WOLCOTT LIBRARY INC
Tax-exempt · LITCHFIELD, CT 06759
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,348,204 | $1,081,543 | $266,661 | $5,806,680 | $61,966 | $5,744,714 |
| June 30, 2024 | 990 | $1,020,961 | $1,044,113 | -$23,152 | $5,294,931 | $45,108 | $5,249,823 |
| June 30, 2023 | 990 | $977,483 | $1,069,827 | -$92,344 | $5,010,835 | $87,989 | $4,922,846 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $778,112
- of which government grants
- $11,277
- Program service revenue
- $2,132
- Investment income
- $337,976
- Net gain from sales of assets
- $206,586
- Net income from fundraising events
- $221,846
- Other revenue
- $229,984
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $541,226
- Salaries, compensation and benefits (total)
- $682,355
- Professional fundraising fees
- $0
- Accounting fees
- $5,000
- Occupancy
- $113,101
- Travel
- $1,708
- Depreciation
- $31,669
- Program services (functional)
- $1,010,070
- Management and general (functional)
- $71,473
Balance sheet and other
- Total assets, start of year
- $5,294,931
- Total assets, end of year
- $5,806,680
- Total liabilities, end of year
- $61,966
- Net assets, end of year
- $5,744,714
- Land, buildings and equipment
- $306,834
- Publicly traded securities
- $5,285,361
- Net assets without donor restrictions
- $5,340,402
- Net assets with donor restrictions
- $404,312
- Gross receipts
- $1,978,612
- Employees
- 18
- Volunteers
- 55
- Year formed
- 1862
- State of legal domicile
- CT
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN MARIE WHITE | LIBRARY DIRE Officer | 40 | $129,537 |
| WILLIAM HONAN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MAGGIE SELBY | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| AL MACCHIONI | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL KAZAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| MAY BOGDANOVICS | DIRECTOR Trustee or director | 1 | $0 |
| ANNE DRANGINIS | DIRECTOR Trustee or director | 1 | $0 |
| ROB HARTNETT | DIRECTOR Trustee or director | 1 | $0 |
| VISKO HATFIELD | DIRECTOR Trustee or director | 1 | $0 |
| TRISH O'REILLY | DIRECTOR Trustee or director | 1 | $0 |
| NANCY ROSS | DIRECTOR Trustee or director | 1 | $0 |
| BETSY SCHMID | DIRECTOR Trustee or director | 1 | $0 |
| COCO SELLMAN | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH DEVOS | DIRECTOR Trustee or director | 1 | $0 |
| TERRI DURSO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN MARIE WHITE | LIBRARY DIRE Officer | 40 | $127,142 |
| EMILY DALTON | PRESIDENT Trustee or director, Officer | 5 | $0 |
| WILLIAM HONAN | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| JOHN MOROSANI | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL KAZAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| TIMOTHY BRESLIN | DIRECTOR Trustee or director | 1 | $0 |
| ANNE DRANGINIS | DIRECTOR Trustee or director | 1 | $0 |
| VISKO HATFIELD | DIRECTOR Trustee or director | 1 | $0 |
| MAY BOGDANOVICS | DIRECTOR Trustee or director | 1 | $0 |
| NANCY ROSS | DIRECTOR Trustee or director | 1 | $0 |
| MAGGIE SELBY | DIRECTOR Trustee or director | 1 | $0 |
| COCO SELLMAN | DIRECTOR Trustee or director | 1 | $0 |
| HELEN SHU | DIRECTOR Trustee or director | 1 | $0 |
| ROB HARTNETT | DIRECTOR Trustee or director | 1 | $0 |
| AL MACCHIONI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN MARIE WHITE | LIBRARY DIRE Officer | 40 | $111,794 |
| EMILY DALTON | PRESIDENT Trustee or director, Officer | 5 | $0 |
| WILLIAM HONAN | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| JOHN MOROSANI | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL KAZAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| TIMOTHY BRESLIN | DIRECTOR Trustee or director | 1 | $0 |
| ANNE DRANGINIS | DIRECTOR Trustee or director | 1 | $0 |
| VISKO HATFIELD | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN PASQUARIELLO | DIRECTOR Trustee or director | 1 | $0 |
| NANCY ROSS | DIRECTOR Trustee or director | 1 | $0 |
| MAGGIE SELBY | DIRECTOR Trustee or director | 1 | $0 |
| COCO SELLMAN | DIRECTOR Trustee or director | 1 | $0 |
| HELEN SHU | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER TERZIAN | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 187, LITCHFIELD, CT 06759-0187
- In care of
- % ANN MARIE WHITE
- Principal officer (990 for 2024)
- WILLIAM HONAN, 160 SOUTH STREET, LITCHFIELD, CT 06759
- Signed the 990
- AL MACCHIONI, TREASURER
- Phone
- (860) 567-8030
- Website
- WWW.OWLIBRARY.ORG
- Return prepared by
- BUDWITZ & MEYERJACK PC
Mission
TO PROVIDE FACILITIES, MATERIALS, SERVICES AND PROGRAMS THAT FOSTER LIFELONG LEARNING AND A WELCOMING ENVIRONMENT FOR COMMUNITY INTERACTION, ENHANCED BY STAFF DEDICATED TO THIS VISION AND POSSESSED OF COMPASSION, A COOPERATIVE SPIRIT AND STRONG COMMUNICATION AND INTERPERSONAL SKILLS.
Program accomplishments
- THE LIBRARY FACILITATES TO SERVE THE EDUCATIONAL, CULTURAL, PROFESSIONAL, RECREATIONAL AND INFORMATIONAL NEEDS OF THE CITIZENS OF LITCHFIELD, CONNECTICUT AND ITS SURROUNDING TOWNS.Expenses $1,010,070 · revenue $2,132
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 06-0709304
- 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
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B71Z)
- Assets (IRS master file)
- $5,806,680
- Income (IRS master file)
- $1,978,612
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,348,204 | $1,081,543 | $5,806,680 | IRS |
| 990 | June 2024 | $1,020,961 | $1,044,113 | $5,294,931 | XML |
| 990 | June 2023 | $977,483 | $1,069,827 | $5,010,835 | XML |
| 990 | June 2022 | $1,083,636 | $908,240 | $4,793,570 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 06-0709304).
Questions about OLIVER WOLCOTT LIBRARY INC
- What is the EIN of OLIVER WOLCOTT LIBRARY INC?
- The employer identification number (EIN) of OLIVER WOLCOTT LIBRARY INC is 06-0709304.
- Is OLIVER WOLCOTT LIBRARY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to OLIVER WOLCOTT LIBRARY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLIVER WOLCOTT LIBRARY 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 OLIVER WOLCOTT LIBRARY INC 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 OLIVER WOLCOTT LIBRARY INC 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 OLIVER WOLCOTT LIBRARY INC?
- The 990 for the year ended June 30, 2025 names WILLIAM HONAN.
- Who are the officers and directors of OLIVER WOLCOTT LIBRARY INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $129,537 (ANN MARIE WHITE, LIBRARY DIRE).
- How much revenue does OLIVER WOLCOTT LIBRARY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,348,204, expenses of $1,081,543 and total assets of $5,806,680 at year end.
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