Nonprofit · EIN 62-1438696
W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY
Tax-exempt · MCMINNVILLE, TN 37110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $356,394 | $238,788 | $117,606 | $511,258 | $601 | $510,657 |
| December 31, 2024 | 990 | $297,630 | $314,399 | -$16,769 | $382,648 | $1,285 | $381,363 |
| December 31, 2023 | 990 | $292,063 | $311,973 | -$19,910 | $388,542 | $2,190 | $386,352 |
| December 31, 2022 | 990 | $373,749 | $298,177 | $75,572 | $377,995 | $2,913 | $375,082 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $308,507
- of which government grants
- $240,504
- Program service revenue
- $0
- Investment income
- $27,217
- Net gain from sales of assets
- $6,692
- Net income from fundraising events
- $5,578
- Other revenue
- $20,670
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $40,343
- Other salaries and wages
- $111,197
- Salaries, compensation and benefits (total)
- $165,429
- Professional fundraising fees
- $0
- Occupancy
- $33,225
- Travel
- $223
- Program services (functional)
- $182,893
- Management and general (functional)
- $55,895
Balance sheet and other
- Total assets, start of year
- $382,648
- Total assets, end of year
- $511,258
- Total liabilities, end of year
- $601
- Net assets, end of year
- $510,657
- Publicly traded securities
- $352,319
- Net assets without donor restrictions
- $171,883
- Net assets with donor restrictions
- $338,774
- Gross receipts
- $409,586
- Employees
- 12
- Volunteers
- 10
- Year formed
- 1925
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brad Walker | Library Director | 40 | $22,462 |
| Merissa Chapman | Interim Library Director | 40 | $20,968 |
| Paige Chastain | Trustee Trustee or director | 0 | $0 |
| David Marttala | Treasurer Trustee or director, Officer | 2 | $0 |
| Wayne Wolford | Trustee Trustee or director | 0 | $0 |
| Benjamin Myers | Chairman Trustee or director, Officer | 2 | $0 |
| Richard Manning | Trustee Trustee or director | 0 | $0 |
| Meredith Galligan | Trustee Trustee or director | 0 | $0 |
| Bonnie Collier | Trustee Trustee or director | 0 | $0 |
| Justin Tanner | Vice Chair Trustee or director, Officer | 2 | $0 |
| Margaret Sutton | Secretary Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD WALKER | MANAGER | 40 | $43,282 |
| Paige Chastain | Trustee Trustee or director | 0 | $0 |
| David Marttala | Treasurer Trustee or director, Officer | 2 | $0 |
| Wayne Wolford | Trustee Trustee or director | 0 | $0 |
| Benjamin Myers | Chairman Trustee or director, Officer | 2 | $0 |
| Richard Manning | Trustee Trustee or director | 0 | $0 |
| Meredith Galligan | Trustee Trustee or director | 0 | $0 |
| Bonnie Collier | Trustee Trustee or director | 0 | $0 |
| Justin Tanner | Vice Chair Trustee or director, Officer | 2 | $0 |
| Margaret Sutton | Secretary Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD WALKER | MANAGER | 40 | $44,233 |
| Paige Chastain | Trustee Trustee or director | 0 | $0 |
| David Marttala | Treasurer Trustee or director, Officer | 2 | $0 |
| Wayne Wolford | Trustee Trustee or director | 0 | $0 |
| Benjamin Myers | Chairman Trustee or director, Officer | 2 | $0 |
| Richard Manning | Trustee Trustee or director | 0 | $0 |
| Meredith Galligan | Trustee Trustee or director | 0 | $0 |
| Bonnie Collier | Trustee Trustee or director | 0 | $0 |
| Margaret Sutton | Secretary Trustee or director, Officer | 2 | $0 |
| Justin Tanner | Vice Chair Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD WALKER | MANAGER | 40 | $37,558 |
| Paige Chastain | Trustee Trustee or director | 0 | $0 |
| David Marttala | Treasurer Trustee or director, Officer | 2 | $0 |
| Wayne Wolford | Trustee Trustee or director | 0 | $0 |
| Benjamin Myers | Chairman Trustee or director, Officer | 2 | $0 |
| Richard Manning | Trustee Trustee or director | 0 | $0 |
| Meredith Galligan | Trustee Trustee or director | 0 | $0 |
| Bonnie Collier | Trustee Trustee or director | 0 | $0 |
| Margaret Sutton | Secretary Trustee or director, Officer | 2 | $0 |
| Justin Tanner | Vice Chair Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 118 W MAIN ST, MCMINNVILLE, TN 37110-2516
- Principal officer (990 for 2025)
- Benjamin Myers, 195 Rivercliff Rd, McMinnville, TN 37110
- Signed the 990
- David Marttala, Treasurer
- Phone
- (931) 473-2428
- Website
- www.magnesslibrary.org
- Return prepared by
- Ray & Gregory PC
Mission
Operation of a library for the general public.
Program accomplishments
- The Corporation operates the library for the community of McMinnville and Warren County, Tennessee.Expenses $182,893
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1438696
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $511,258
- Income (IRS master file)
- $409,586
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $356,394 | $238,788 | $511,258 | XML |
| 990 | December 2024 | $297,630 | $314,399 | $382,648 | XML |
| 990 | December 2023 | $292,063 | $311,973 | $388,542 | XML |
| 990 | December 2022 | $373,749 | $298,177 | $377,995 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 62-1438696).
Questions about W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY
- What is the EIN of W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY?
- The employer identification number (EIN) of W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY is 62-1438696.
- Is W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY 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 W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY 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 W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY?
- The 990 for the year ended December 31, 2025 names Benjamin Myers.
- Who are the officers and directors of W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY?
- The 990 for the year ended December 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $22,462 (Brad Walker, Library Director).
- How much revenue does W H & EDGAR MAGNESS COMMUNITY HOUSE & LIBRARY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $356,394, expenses of $238,788 and total assets of $511,258 at year end.
Other nonprofits in MCMINNVILLE
- CANEY FORK ELECTRIC COOPERATIVE INC EIN 62-0148804 · last filed 990 for 2025
- ISHA FOUNDATION INC EIN 62-1794866 · last filed 990 for 2024
- BEN LOMAND RURAL TELEPHONE COOPERATIVE INC EIN 62-0532537 · last filed 990 for 2024
- GENERATIONS HEALTH ASSOCIATION INC EIN 62-1538547 · last filed 990 for 2025
- SOUTHERN CONSERVATION CORP EIN 16-1666137 · last filed 990 for 2025
- STEERED STRAIGHT INC EIN 84-1829294 · last filed 990 for 2024
- F C BOYD SR CHRISTIAN SCHOOL EIN 59-1747314 · last filed 990 for 2025
- STEVE AND KATE SMITH COMMUNITY TR EIN 46-7341917 · last filed 990-PF for 2024