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Nonprofit · EIN 13-1624084

MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK

Tax-exempt · BROOKLYN, NY 11217

Financials

$2.6M$3M2023$3.1M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,142,123$3,086,409$55,714$2,673,342$475,043$2,198,299
December 31, 2023990$2,570,758$2,997,558-$426,800$2,373,267$316,701$2,056,566
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,634,994
of which government grants
$176,214
Membership dues
$232,564
Program service revenue
$1,326,301
Investment income
$65,680
Net rental income
$115,148
Net gain from sales of assets
$20,876
Other revenue
$115,148

Expenses

Grants and similar amounts paid
$86,429
Compensation of officers, directors and key employees
$259,505
Other salaries and wages
$1,316,988
Salaries, compensation and benefits (total)
$1,857,608
Professional fundraising fees
$39,113
Accounting fees
$85,900
Travel
$12,207
Depreciation
$143,127
Program services (functional)
$2,147,371
Management and general (functional)
$570,344
Fundraising (functional)
$368,694

Balance sheet and other

Total assets, start of year
$2,373,267
Total assets, end of year
$2,673,342
Total liabilities, end of year
$475,043
Net assets, end of year
$2,198,299
Land, buildings and equipment
$196,441
Publicly traded securities
$1,537,288
Net assets without donor restrictions
$1,947,424
Net assets with donor restrictions
$250,875
Gross receipts
$3,700,326
Employees
54
Volunteers
40
Year formed
1820
State of legal domicile
NY

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 / weekCompensationOther / benefits
LYDAH DEBINEXECUTIVE DIRECTOR
Officer
40$230,264$14,505
KRISTIN HENLEYMANAGING DIRECTOR
Highest-paid employee
40$120,067$12,246
MELANIE MCNAIRSENIOR DIRECTOR OF PUBLIC PROGRAMMING
Highest-paid employee
40$109,919$11,717
ERROLL MCDONALDCHAIR
Trustee or director, Officer
2$0$0
NINA VON MOLTKETREASURER
Trustee or director, Officer
2$0$0
SUSAN RESTLERVICE CHAIR
Trustee or director, Officer
2$0$0
CELIA MCGEESECRETARY
Trustee or director, Officer
2$0$0
GABRIELLE BAMBERGERDIRECTOR
Trustee or director
1$0$0
SHANNON ROSE SELDENDIRECTOR
Trustee or director
1$0$0
SAYU BHOJWANIDIRECTOR
Trustee or director
1$0$0
PHONG BUIDIRECTOR
Trustee or director
1$0$0
DAVID BRUSONDIRECTOR
Trustee or director
1$0$0
DANIELLE GANEKDIRECTOR
Trustee or director
1$0$0
NAN GRAHAMDIRECTOR
Trustee or director
1$0$0
ANNE HIGONNETDIRECTOR
Trustee or director
1$0$0
14 more people on this return
NameTitleHours / weekCompensation
YAHDON ISRAELDIRECTOR
Trustee or director
1$0
CHIWONISO KAITANODIRECTOR
Trustee or director
1$0
DENNIS KRIEGERDIRECTOR
Trustee or director
1$0
SARAH LYALLDIRECTOR
Trustee or director
1$0
LLOYD LYNFORDDIRECTOR
Trustee or director
1$0
LIESE MAYERDIRECTOR
Trustee or director
1$0
CAMILLE MCDUFFIEDIRECTOR
Trustee or director
1$0
CALVERT MORGANDIRECTOR
Trustee or director
1$0
JACQUELYNN KERUBO OSORODIRECTOR
Trustee or director
1$0
SUSANNA PORTERDIRECTOR
Trustee or director
1$0
GRETCHEN RUBINDIRECTOR
Trustee or director
1$0
VICTORIA WESTHEADDIRECTOR
Trustee or director
1$0
DENNIS WILLIAMSDIRECTOR
Trustee or director
1$0
CHRISTOPHER JOHN FARLEYDIRECTOR THROUGH 2/24
Trustee or director
1$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
TRACI LESTEREXECUTIVE DIRECTOR (LEFT IN 2023)
Officer
40$118,450$9,682
KRISTIN HENLEYMANAGING DIRECTOR
Highest-paid employee
40$116,079$4,159
MELANIE MCNAIRSENIOR DIR. OF PUBLIC PROG
Highest-paid employee
40$103,230$3,460
LESLIE GRIESBACH SCHULTZINTERIM CO-DIRECTOR
Officer
40$92,445$0
BETSY SMULYANINTERIM CO-DIRECTOR
Officer
40$85,595$0
LYDAH DEBINEXECUTIVE DIRECTOR
Officer
40$80,734$3,632
ERROLL MCDONALDCHAIR
Trustee or director, Officer
2$0$0
SUAN RESTLERVICE CHAIR
Trustee or director, Officer
2$0$0
CELIA MCGEESECRETARY
Trustee or director, Officer
2$0$0
NINA VON MOLTKETREASURER
Trustee or director, Officer
2$0$0
SHANNON ROSE SELDENDIRECTOR
Trustee or director
1$0$0
GABRIELLE BAMBERGERDIRECTOR
Trustee or director
1$0$0
CHIWONISO KAITANODIRECTOR
Trustee or director
1$0$0
DANIELLE GANEKDIRECTOR
Trustee or director
1$0$0
NAN GRAHAMDIRECTOR
Trustee or director
1$0$0
CALVERT D MORGAN JRDIRECTOR
Trustee or director
1$0$0
SUSANNA PORTERDIRECTOR
Trustee or director
1$0$0
DAVID BRUSONDIRECTOR
Trustee or director
1$0$0
DENNIS WILLIAMSDIRECTOR
Trustee or director
1$0$0
DENNIS KRIEGERDIRECTOR
Trustee or director
1$0$0
SARAH LYALLDIRECTOR
Trustee or director
1$0$0
CHRISTOPHER JOHN FARLEYDIRECTOR
Trustee or director
1$0$0
ANNE HIGONNETDIRECTOR
Trustee or director
1$0$0
SAYU BHOJWANIDIRECTOR
Trustee or director
1$0$0
PHONG BUIDIRECTOR
Trustee or director
1$0$0
LLOYD LYNFORDDIRECTOR
Trustee or director
1$0$0
LIESE MAYERDIRECTOR
Trustee or director
1$0$0
CAMILLE MCDUFFIEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
15 LAFAYETTE AVE, BROOKLYN, NY 11217-1415
Principal officer (990 for 2024)
LYDAH DEBIN, 15 LAFAYETTE AVENUE, BROOKLYN, NY 11217
Signed the 990
LYDAH DEBIN, EXECUTIVE DIRECTOR
Phone
(212) 755-6710
Return prepared by
SAX LLP

Mission

THE CENTER FOR FICTION WAS FOUNDED IN 1820 AS THE MERCANTILE LIBRARY. ITS MISSION IS TO ENCOURAGE PEOPLE TO READ AND VALUE FICTION AND TO SUPPORT AND CELEBRATE ITS CREATION AND ENJOYMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CENTER FOR FICTION OFFERS A WIDE RANGE OF PUBLIC PROGRAMMING FOR LOCAL AND NATIONAL AUDIENCES; WORKSHOPS AND CREATIVE SPACES FOR EMERGING AND ESTABLISHED WRITERS; AND AWARDS AND FELLOWSHIPS THAT SUPPORT THE DEVELOPMENT OF FRESH TALENT AND INSPIRE READERS TO DISCOVER NEW VOICES. IN THE LAST YEAR, OVER 200,000 PEOPLE VISITED THE CENTER, AND MORE THAN 34,000 PEOPLE PARTICIPATED IN OUR IN-PERSON AND VIRTUAL PROGRAMS. AT OUR HOME IN BROOKLYN ONE CAN VISIT OUR BOOKSTORE AND CAF & BAR; ATTEND AN EVENT; AND JOIN OUR MEMBERSHIP LIBRARY AND WRITERS STUDIOOR EXPLORE OUR WORK ONLINE AT CENTERFORFICTION.ORG.
    Expenses $2,147,371 · grants $86,429 · revenue $1,326,301

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
13-1624084
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1936
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B76Z)
Assets (IRS master file)
$2,673,342
Income (IRS master file)
$3,700,326

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,142,123$3,086,409$2,673,342XML
990December 2023$2,570,758$2,997,558$2,373,267XML
990December 2022$3,244,061$2,572,194$2,596,295IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 13-1624084).

Questions about MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK

What is the EIN of MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK?
The employer identification number (EIN) of MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK is 13-1624084.
Is MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1936.
Are donations to MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK 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 MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK 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 MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK 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 MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK?
The 990 for the year ended December 31, 2024 names LYDAH DEBIN.
Who are the officers and directors of MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK?
The 990 for the year ended December 31, 2024 lists 29 people; 3 received compensation from the organization, the highest $230,264 (LYDAH DEBIN, EXECUTIVE DIRECTOR).
How much revenue does MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,142,123, expenses of $3,086,409 and total assets of $2,673,342 at year end.

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