Nonprofit · EIN 59-2590387
THE LIBRARY FOUNDATION INC
Tax-exempt · BRADENTON, FL 34205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $368,213 | $290,294 | $77,919 | $4,378,268 | $17,238 | $4,361,030 |
| May 31, 2024 | 990 | $1,173,023 | $315,617 | $857,406 | $4,145,940 | $3,500 | $4,142,440 |
| May 31, 2023 | 990 | $95,175 | $303,759 | -$208,584 | $2,927,251 | $6,388 | $2,920,863 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $96,277
- Program service revenue
- $0
- Investment income
- $271,936
- Net gain from sales of assets
- $157,720
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $104,255
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,800
- Program services (functional)
- $181,989
- Management and general (functional)
- $44,211
- Fundraising (functional)
- $64,094
Balance sheet and other
- Total assets, start of year
- $4,145,940
- Total assets, end of year
- $4,378,268
- Total liabilities, end of year
- $17,238
- Net assets, end of year
- $4,361,030
- Publicly traded securities
- $4,341,284
- Net assets without donor restrictions
- $4,165,534
- Net assets with donor restrictions
- $195,496
- Gross receipts
- $369,346
- Employees
- 1
- Volunteers
- 12
- Year formed
- 1985
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBI JAYNE VITALE | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| JENNIFER RUFFINO | TREASURER Trustee or director, Officer | 0 | $0 |
| BRENT GIANGREGORIO | DIRECTOR Trustee or director | 0 | $0 |
| BILL GRIFFITH | DIRECTOR Trustee or director | 0 | $0 |
| RALPH HUGHES | SECRETARY Trustee or director, Officer | 0 | $0 |
| TJ KORNETT | PRESIDENT Trustee or director, Officer | 0 | $0 |
| JULIE PERRY | DIRECTOR Trustee or director | 0 | $0 |
| SUE SEITER | DIRECTOR Trustee or director | 0 | $0 |
| SALLY VASTOLA | DIRECTOR Trustee or director | 0 | $0 |
| KEVIN ALLEN | DIRECTOR Trustee or director | 0 | $0 |
| MARISA POWERS | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended May 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM BENN | DIRECTOR Trustee or director | 0 | $0 |
| ANNE CARTER | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| JENNIFER RUFFINO-COOK | TREASURER Trustee or director, Officer | 0 | $0 |
| BRENT GIANGREGORIO | DIRECTOR Trustee or director | 0 | $0 |
| BILL GRIFFITH | DIRECTOR Trustee or director | 0 | $0 |
| RALPH HUGHES | DIRECTOR Trustee or director | 0 | $0 |
| DON JANEZIC | DIRECTOR Trustee or director | 0 | $0 |
| PEG KMAK | DIRECTOR Trustee or director | 0 | $0 |
| TJ KORNETT | PRESIDENT Trustee or director, Officer | 0 | $0 |
| JULIE PERRY | DIRECTOR Trustee or director | 0 | $0 |
| GREG PORGES | DIRECTOR Trustee or director | 0 | $0 |
| SUE SEITER | DIRECTOR Trustee or director | 0 | $0 |
| SALLY VASTOLA | DIRECTOR Trustee or director | 0 | $0 |
| BOBBI JAYNE VITALE | SECRETARY Trustee or director, Officer | 0 | $0 |
990 for the year ended May 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE CARTER | SECRETARY Trustee or director, Officer | 0 | $0 |
| JENNIFER COOK | TREASURER Trustee or director, Officer | 0 | $0 |
| JAYMIE CARTER | DIRECTOR Trustee or director | 0 | $0 |
| GREG PORGES | DIRECTOR Trustee or director | 0 | $0 |
| BOBBI JAYNE VITALE | DIRECTOR Trustee or director | 0 | $0 |
| DANA CLARK | DIRECTOR Trustee or director | 0 | $0 |
| A DONALD JANEZIC JR | preSIDENT Trustee or director, Officer | 0 | $0 |
| PEG KMAK | DIRECTOR Trustee or director | 0 | $0 |
| TJ KORNETT | DIRECTOR Trustee or director | 0 | $0 |
| CHRIS ROMINE | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1301 BARCARROTA BLVD, BRADENTON, FL 34205-7522
- Principal officer (990 for 2024)
- JENNIFER RUFFINO, 1301 BARCARROTA BLVD, BRADENTON, FL 34205
- Signed the 990
- JENNIFER RUFFINO, TREASURER
- Phone
- (941) 748-5555
- Return prepared by
- WALTERS & ASSOCIATES CPAS
Mission
TO ENSURE THAT THE MANATEE COUNTY LIBRARY SYSTEM OBTAINS AND MANAGES NEEDED SUPPLEMENTAL FUNDS AND SUPPORT TO ACHIEVE ITS POTENTIAL TODAY AND TOMORROW AS AN INDISPENSABLE COMMUNITY RESOURCE.
Program accomplishments
- ANNUAL DISTRIBUTION FROM OUR UNRESTRICTED FUNDS HELD BY THE MANATEE COMMUNITY FOUNDATION. WE BUDGET 3.5% FROM THE RESTRICTED FUNDS. THE COUNTY REPRESENTATIVE DRAFTS REQUESTS FOR THE FUNDING WHICH ARE MATERIALS FOR THE LIBRARIES THAT WOULD NOT BE AVAILABLE THROUGH TRADITIONAL FUNDING.Expenses $181,989 · grants $104,255 · revenue $96,277
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 59-2590387
- 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
- 1988
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,378,268
- Income (IRS master file)
- $369,346
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $368,213 | $290,294 | $4,378,268 | XML |
| 990 | May 2024 | $1,173,023 | $315,617 | $4,145,940 | XML |
| 990 | May 2023 | $95,175 | $303,759 | $2,927,251 | XML |
| 990 | May 2022 | $317,960 | $109,286 | $3,248,900 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 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 59-2590387).
Questions about THE LIBRARY FOUNDATION INC
- What is the EIN of THE LIBRARY FOUNDATION INC?
- The employer identification number (EIN) of THE LIBRARY FOUNDATION INC is 59-2590387.
- Is THE LIBRARY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to THE LIBRARY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE 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 THE LIBRARY FOUNDATION INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE LIBRARY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of THE LIBRARY FOUNDATION INC?
- The 990 for the year ended May 31, 2025 names JENNIFER RUFFINO.
- Who are the officers and directors of THE LIBRARY FOUNDATION INC?
- The 990 for the year ended May 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does THE LIBRARY FOUNDATION INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $368,213, expenses of $290,294 and total assets of $4,378,268 at year end.
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