Nonprofit · EIN 45-2585429
LIBRARY FOUNDATION FOR SARASOTA COUNTY INC
Tax-exempt · SARASOTA, FL 34236
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $940,308 | $721,968 | $218,340 | $6,133,277 | $951,007 | $5,182,270 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $790,548
- Program service revenue
- $0
- Investment income
- $149,760
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $129,077
- Other salaries and wages
- $139,230
- Salaries, compensation and benefits (total)
- $287,965
- Professional fundraising fees
- $0
- Accounting fees
- $36,442
- Travel
- $1,434
- Program services (functional)
- $512,649
- Management and general (functional)
- $80,775
- Fundraising (functional)
- $128,544
Balance sheet and other
- Total assets, start of year
- $5,665,523
- Total assets, end of year
- $6,133,277
- Total liabilities, end of year
- $951,007
- Net assets, end of year
- $5,182,270
- Publicly traded securities
- $1,038,340
- Net assets without donor restrictions
- $2,868,184
- Net assets with donor restrictions
- $2,314,086
- Gross receipts
- $1,074,805
- Employees
- 4
- Volunteers
- 35
- Year formed
- 2011
- State of legal domicile
- FL
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 |
|---|---|---|---|
| ALISA MITCHELL | EXECUTIVE DI Trustee or director, Officer | 40 | $129,077 |
| TERRY BRACKETT | DIRECTOR Trustee or director | 2 | $0 |
| ILENE DENTON | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| TIM JAEGER | DIRECTOR Trustee or director | 2 | $0 |
| ALEXANDRA JUPIN | DIRECTOR Trustee or director | 2 | $0 |
| SARAH KARON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JUDY LIERSCH | DIRECTOR Trustee or director | 2 | $0 |
| VICTOR ROMANO | DIRECTOR Trustee or director | 2 | $0 |
| FLETCHER RUSH | SECRETARY Trustee or director, Officer | 2 | $0 |
| MARK STEINWACHS | DIRECTOR Trustee or director | 2 | $0 |
| TODD SWEET | DIRECTOR Trustee or director | 2 | $0 |
| CRISHUANA WILLIAMS | DIRECTOR Trustee or director | 2 | $0 |
| KAT WINGERT | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1358 FRUITVILLE RD STE 310, SARASOTA, FL 34236-5023
- Principal officer (990 for 2024)
- SARAH KARON, 1358 FRUITVILLE ROAD SUITE 310, SARASOTA, FL 34236
- Signed the 990
- KAT WINGERT, TREASURER
- Phone
- (304) 516-1773
- Return prepared by
- MILLER & MILLER PA CPA
Mission
THE MISSION OF THE LIBRARY FOUNDATION FOR SARASOTA COUNTY IS TO CHAMPION STRONG PUBLIC LIBRARIES, SUPPORT INNOVATION AND HELP EXTEND THE LIBRARY SYSTEM'S REACH FOR EVERYONE IN SARASOTA.
Program accomplishments
- THE MISSION OF THE LIBRARY FOUNDATION FOR SARASOTA COUNTY IS TO CHAMPION STRONG PUBLIC LIBRARIES, SUPPORT INNOVATION AND HELP EXTEND THE LIBRARY SYSTEM'S REACH FOR EVERYONE IN SARASOTA.Expenses $512,649
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
- 45-2585429
- 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
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B127)
- Assets (IRS master file)
- $6,133,277
- Income (IRS master file)
- $1,074,805
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $589,605 | $722,201 | $5,665,523 | IRS |
| 990 | June 2023 | $371,541 | $336,740 | $5,286,405 | IRS |
| 990 | December 2022 | $527,608 | $631,326 | $5,079,054 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about LIBRARY FOUNDATION FOR SARASOTA COUNTY INC
- What is the EIN of LIBRARY FOUNDATION FOR SARASOTA COUNTY INC?
- The employer identification number (EIN) of LIBRARY FOUNDATION FOR SARASOTA COUNTY INC is 45-2585429.
- Is LIBRARY FOUNDATION FOR SARASOTA COUNTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to LIBRARY FOUNDATION FOR SARASOTA COUNTY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIBRARY FOUNDATION FOR SARASOTA COUNTY 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 LIBRARY FOUNDATION FOR SARASOTA COUNTY 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 LIBRARY FOUNDATION FOR SARASOTA COUNTY 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 LIBRARY FOUNDATION FOR SARASOTA COUNTY INC?
- The 990 for the year ended June 30, 2025 names SARAH KARON.
- Who are the officers and directors of LIBRARY FOUNDATION FOR SARASOTA COUNTY INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $129,077 (ALISA MITCHELL, EXECUTIVE DI).
- How much revenue does LIBRARY FOUNDATION FOR SARASOTA COUNTY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $940,308, expenses of $721,968 and total assets of $6,133,277 at year end.
Other nonprofits in SARASOTA
- RINGLING COLLEGE OF ART AND DESIGN INC EIN 59-0637903 · last filed 990 for 2025
- OUT-OF-DOOR ACADEMY OF SARASOTA INC EIN 59-1731857 · last filed 990 for 2025
- NEW COLLEGE FOUNDATION INCORPORATED EIN 59-0911744 · last filed 990 for 2025
- CHILDREN FIRST INC EIN 59-0968249 · last filed 990 for 2024
- SARASOTA MILITARY ACADEMY INC EIN 65-1149763 · last filed 990 for 2025
- THE CLASSICAL ACADEMY OF SARASOTA INC EIN 46-3754462 · last filed 990 for 2025
- SARASOTA SUNCOAST ACADEMY EIN 22-3872632 · last filed 990 for 2025
- SARASOTA SCHOOL OF ARTS AND SCIENCE INC EIN 65-0745152 · last filed 990 for 2025