NonprofitsMercantile Library

Education

Mercantile Library

CINCINNATI, OH

Total revenue

$2.5M

Total expenses

$1.4M

Net assets

$9.8M

Grants received

$1.1M

51 grants

EIN

261603137

Tax year

2024

Mission

A general library organized and operated for literary purposes. The members of the association seek to make a difference through literature and ideas, advancing interest in the written word, and celebrating the best in literary achievement.

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$122K
Investment income$691K
Other revenue$4K
Total revenue$2.5M

Expenses

Grants paid
Salaries & benefits$777K
Fundraising$207K
Other expenses$604K
Total expenses$1.4M
Total assets$12.2M
Net assets$9.8M

People

25 listed

NameRoleCompensation

John Faherty

Executive Dir.

Board

$197K

40 hrs/wk

Jena' Bradley

Trustee

Board

1 hrs/wk

Laura Humphrey

Trustee

Board

1 hrs/wk

Thomas Freeman

Trustee

Board

1 hrs/wk

Kathy Wilkinson

Trustee

Board

1 hrs/wk

Deborah Ginocchio

Trustee

Board

1 hrs/wk

Mary Burns

President

Board

2 hrs/wk

Bridgit Chayt

Trustee

Board

1 hrs/wk

Meera Kotagal

Trustee

Board

1 hrs/wk

Lynne Friedlander

Trustee

Board

1 hrs/wk

Mike Prentiss

Trustee

Board

1 hrs/wk

Tamara Harkavy

Trustee

Board

1 hrs/wk

Elizabeth Pierce

Trustee

Board

1 hrs/wk

Jay Rammes

Treasurer

Board

2 hrs/wk

Peter Niehoff

Vice President

Board

2 hrs/wk

Greg Rhodes

Trustee

Board

1 hrs/wk

Robert DiTomassi

Trustee

Board

1 hrs/wk

Abby Moran

Trustee

Board

1 hrs/wk

Dr Kimberly Hamlin

Secretary

Board

1 hrs/wk

George Vincent

Trustee

Board

1 hrs/wk

Jerry Kathman

Trustee

Board

1 hrs/wk

Ken Patel

Trustee

Board

1 hrs/wk

Ben Greenberg

Trustee

Board

1 hrs/wk

Kitty Rosenthal

Trustee

Board

1 hrs/wk

Selina Yoon

Trustee

Board

1 hrs/wk

Grants received

Showing 51 of 51

FromAmountPurposeYear
$83K
PROGRAMATIC SUPPORT
2024
$83K
PROGRAMATIC SUPPORT
2024
$40K
CHARITABLE PURPOSES
2024
$15K
GIFT FOR OPERATING SUPPORT
2024
$10K
GIFT FOR PROGRAM SUPPORT
2024
$1K
GENERAL PURPOSES
2024
$1K
GENERAL OPERATING SUPPORT
2024
$144K
PROGRAMATIC SUPPORT
2023
$125K
NEXT STORY: LIBRARY EXPANSION INAUGURAL PROGRAMMING
2023
$39K
For grant recipient's exempt purposes
2023
$14K
CHARITABLE DONATION
2023
$1K
TO BE USED BY THE ORGANIZATION IN THE MANNER MOST BENEFICIAL
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$250
GENERAL OPERATIONS
2023
$250
EDUCATION
2023
$10K
UNRESTRICTED CONTRIBUTION
2022
$5K
For grant recipient's exempt purposes
2022
$4K
BIENNIAL PROJECT GRANTS
2022
$1K
PROGRAM/PROJECT SUPPORT
2022
$1K
GENERAL SUPPORT
2022
$1K
TO BE USED BY THE ORGANIZATION IN THE MANNER MOST BENEFICIAL
2022
$10K
CHARITABLE DONATION
2021
$35K
CAPITAL IMPROVEMENTS
2020
$10K
GIFT FOR OPERATING SUPPORT
2020
$5K
GIFT FOR PROGRAM SUPPORT
2020
$2K
PROMOTE CHARITABLE PURPOSE
2020
$250
TO SUPPORT LITERARY PROGRAMS
2020
$5K
GENERAL FUND
2019
$14K
MEMBERSHIP LIBRARY
2018

Funded by

$1.1M from 31 funders · 51 grants · 2018–2024

The Greater Cincinnati Foundation

$310K · 3 grants · 2023–2024

Carol Ann And Ralph V Haile Jr

$160K · 2 grants · 2020–2023

Louise Taft Semple Foundation

$150K · 2 grants · 2023–2024

George & Margaret Mclane Foundation

$91K · 4 grants · 2018–2023

Cincinnati Institute of Fine Arts

$50K · 1 grant · 2021

Fidelity Investments Charitable Gift Fund

$45K · 2 grants · 2022–2023

Ganek Family Foundation

$40K · 4 grants · 2020–2024

The Thomas J Emery Memorial

$40K · 1 grant · 2024

Details

EIN261603137
NTEE codeB70
Subsection03
Ruling date2014-02
Formed2006
Employees9
Volunteers14
MERCANTILE LIBRARY — Mission, Financials & Grants Received | Grantivo