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Nonprofit · EIN 94-3400461

OPEN LIBRARY OF RICHMOND INC

Tax-exempt · BIDDEFORD, ME 04005

Financials

$10.1M$26.2M2023$5.5M$4.1M2024
Revenue Expenses · by fiscal year end
Financials of OPEN LIBRARY OF RICHMOND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,527,906$4,143,430$1,384,476$27,565,140$725,923$26,839,217
December 31, 2023990$10,064,206$26,157,740-$16,093,534$24,381,590$461,302$23,920,288
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,500,250
Program service revenue
$0
Investment income
-$2,369,671
Net rental income
-$696,594
Net gain from sales of assets
-$2,371,320
Other revenue
-$602,673

Expenses

Grants and similar amounts paid
$623,673
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$12,972
Accounting fees
$108,498
Occupancy
$203,042
Travel
$57,420
Depreciation
$446,218
Program services (functional)
$1,891,699
Management and general (functional)
$2,251,731

Balance sheet and other

Total assets, start of year
$24,381,590
Total assets, end of year
$27,565,140
Total liabilities, end of year
$725,923
Net assets, end of year
$26,839,217
Land, buildings and equipment
$17,406,827
Net assets without donor restrictions
$26,839,217
Gross receipts
$9,743,318
Employees
0
Year formed
2001
State of legal domicile
DE

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 / weekCompensation
Jordan ModellChairman
Trustee or director, Officer
5$0
Zara HoushmondDirector
Trustee or director
5$0
Lew TuckerDirector
Trustee or director
5$0
Caslon KahleDirector
Trustee or director
5$0
Brewster KahleTreasurer
Officer
5$0
Meikle HallSecretary
Officer
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Jordan ModellChairman
Trustee or director, Officer
5$0
Zara HaushmondDirector
Trustee or director
5$0
Lew TuckerCFO
Trustee or director, Officer
5$0
Brewster KahleTreasurer
Officer
5$0
Meikle HallSecretary
Officer
5$0

Address and contacts

Address (IRS master file)
319 MAIN ST, BIDDEFORD, ME 04005-2354
In care of
% BREWSTER KAHLE
Principal officer (990 for 2024)
Jordan Modell, 319 Main Street, Biddeford, ME 04005
Signed the 990
Jordan Modell, Chairman
Phone
(207) 415-5714
Return prepared by
Fontanello Duffield & Otake LLP

Mission

Provide tools and services to facilitate universal access to all knowledge to researchers, historians, scholars and the general public.

990 for the year ended December 31, 2024

Program accomplishments

  • Operating facilities and services with the goal of the preservation and accessing books and other cultural works.
    Expenses $1,891,699 · grants $623,673

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
94-3400461
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
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B05)
Assets (IRS master file)
$27,565,140
Income (IRS master file)
$9,743,318

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,527,906$4,143,430$27,565,140IRS
990December 2023$10,064,206$26,157,740$24,381,590XML
990December 2022$4,330,217$3,071,434$39,437,013IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 94-3400461).

Questions about OPEN LIBRARY OF RICHMOND INC

What is the EIN of OPEN LIBRARY OF RICHMOND INC?
The employer identification number (EIN) of OPEN LIBRARY OF RICHMOND INC is 94-3400461.
Is OPEN LIBRARY OF RICHMOND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to OPEN LIBRARY OF RICHMOND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPEN LIBRARY OF RICHMOND 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 OPEN LIBRARY OF RICHMOND INC 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 OPEN LIBRARY OF RICHMOND INC 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 OPEN LIBRARY OF RICHMOND INC?
The 990 for the year ended December 31, 2024 names Jordan Modell.
Who are the officers and directors of OPEN LIBRARY OF RICHMOND INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does OPEN LIBRARY OF RICHMOND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,527,906, expenses of $4,143,430 and total assets of $27,565,140 at year end.

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