Nonprofit · EIN 39-1693710
MATHESON MEMORIAL LIBRARY FOUNDATION INC
Also known as C-O LOWELL E SWEET
Tax-exempt · ELKHORN, WI 53121
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $18,758 | $13,467 | $5,291 | $448,976 | $0 | $448,976 |
| December 31, 2024 | 990-EZ | $23,607 | $11,163 | $12,444 | $402,035 | $0 | $402,035 |
| December 31, 2023 | 990-EZ | $22,767 | $19,161 | $3,606 | $364,401 | $0 | $364,401 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $18,119
- Program service revenue
- $0
- Investment income
- $639
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $13,300
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Printing, publications and postage
- $88
- Other expenses
- $79
- Program services (functional)
- $13,300
Balance sheet and other
- Total assets, start of year
- $402,035
- Total assets, end of year
- $448,976
- Total liabilities, end of year
- $0
- Net assets, end of year
- $448,976
- Cash, savings and investments
- $16,169
- Gross receipts
- $18,758
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WARD PHILLIPS | PRESIDENT | 0.25 | $0 |
| THERESA WALLACE | TREASURER | 1 | $0 |
| HEATHER LEISURE | BOARD MEMBER | 0.25 | $0 |
| MARIANN HUNTER | VICE PRESIDENT | 0.5 | $0 |
| MARIBETH COUSIN | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WARD PHILLIPS | PRESIDENT | 0.25 | $0 |
| THERESA WALLACE | TREASURER | 1 | $0 |
| HEATHER LEISURE | BOARD MEMBER | 0.25 | $0 |
| MARIANN HUNTER | VICE PRESIDENT | 0.5 | $0 |
| MARIBETH COUSIN | SECRETARY | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WARD PHILLIPS | PRESIDENT | 0.25 | $0 |
| THERESA WALLACE | TREASURER | 1 | $0 |
| HEATHER LEISURE | BOARD MEMBER | 0.25 | $0 |
| MARIANN HUNTER | VICE PRESIDENT | 0.5 | $0 |
| MARIBETH COUSIN | SECRETARY | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 704, ELKHORN, WI 53121-0704
- In care of
- % LOWELL E SWEET
- Signed the 990-EZ
- Theresa Wallace, Treasurer
Mission
TO DISTRIBUTE INCOME TO THE MATHESON MEMORIAL LIBRARY IN SUPPORT OF SPECIAL PROGRAMS EQUIPMENT AND OTHER PROGRAM OR LIBARARY NEEDS AS SEEN TO BY THE FOUNDATION AND LIBRARY DIRECTOR.
Program accomplishments
- THE FOUNDATION DONATED 6000 TO THE MATHESON MEMORIAL LIBRARY AS A GIFT FOR CHILDRENS PROGRAMMING AND RELATED EXPENSES. WE ALSO DONATED 5000 TO 5 ELKHORN AREA HIGH SCHOOL GRADUATES FOR THE CONTINUING OF THEIR EDUCATION IN A LIBRARY, ENGLISH OR TECHNOLOGY RELATED FIELD. ALSO YOUTH SERVICES DEPARTMENT RECEIVED 2300.Expenses $13,300
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 39-1693710
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $448,976
- Income (IRS master file)
- $18,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $18,758 | $13,467 | $448,976 | IRS |
| 990-EZ | December 2024 | $23,607 | $11,163 | $402,035 | IRS |
| 990-EZ | December 2023 | $22,767 | $19,161 | $364,401 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 39-1693710).
Questions about MATHESON MEMORIAL LIBRARY FOUNDATION INC
- What is the EIN of MATHESON MEMORIAL LIBRARY FOUNDATION INC?
- The employer identification number (EIN) of MATHESON MEMORIAL LIBRARY FOUNDATION INC is 39-1693710.
- Is MATHESON MEMORIAL LIBRARY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to MATHESON MEMORIAL LIBRARY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MATHESON MEMORIAL LIBRARY FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MATHESON MEMORIAL LIBRARY FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MATHESON MEMORIAL LIBRARY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MATHESON MEMORIAL LIBRARY FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MATHESON MEMORIAL LIBRARY FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $18,758, expenses of $13,467 and total assets of $448,976 at year end.
Other nonprofits in ELKHORN
- VIP SERVICES INC EIN 39-1227648 · last filed 990 for 2024
- BARNABAS INTERNATIONAL EIN 36-3535053 · last filed 990 for 2025
- WALWORTH COUNTY AGRICULTURAL SOCIETY EIN 39-0835730 · last filed 990 for 2025
- OPEN ARMS FREE CLINIC INC EIN 45-4475625 · last filed 990 for 2024
- LAKELANDS LITTLE LEARNERS EIN 39-1519609 · last filed 990 for 2025
- LUTHERDALE BIBLE CAMP INC EIN 39-0963472 · last filed 990 for 2025
- 1000 GENERATIONS INC EIN 47-2646525 · last filed 990 for 2024
- NEW BEGINNINGS APFV INC EIN 39-1315379 · last filed 990 for 2025