The Mercantile Library
AI Summary
The Mercantile Library is a nonprofit organization dedicated to promoting literature and ideas through its general library, with a mission to advance interest in the written word and celebrate literary achievement. With an operating budget of $1.4 million and total revenue of $2.5 million for the 2024 filing year, the organization receives significant support from major funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND and DONOR ADVISED CHARITABLE GIVING INC, among others. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
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.
Cause Areas
1
Libraries
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is The Mercantile Library’s budget?
In 2024, The Mercantile Library reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does The Mercantile Library support?
The Mercantile Library supports work in Libraries.
Where does The Mercantile Library operate?
The Mercantile Library is headquartered in Cincinnati, OH.
Who funded The Mercantile Library recently?
In 2025, The Mercantile Library received grants from Earthward Bound Foundation, THE GREATER CINCINNATI FOUNDATION, and LOUISE TAFT SEMPLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant The Mercantile Library received in 2024?
The largest grant to The Mercantile Library in 2024 exceeds $83 thousand.
What is The Mercantile Library’s reliance on government grants?
The Mercantile Library relied on government grants for less than 5% of their total revenue in 2024.