The Mercantile Library

The Mercantile Library

Cincinnati, OH, US
501(c)3
EIN
26-1603137

The Mercantile Library

Cincinnati, OH, US
501(c)3
EIN
26-1603137

Overview

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Est.

2006

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Mercantile Library is a nonprofit organization dedicated to promoting literary engagement and celebrating literary achievement through its general library services. With an operating budget of $1.4 million and total revenue of $2.5 million for the filing year 2024, the organization seeks to make a meaningful impact in the realm of literature and ideas. The library does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at mercantilelibrary.org.

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.
Revenues

$2.5M

Expenses

$1.4M

Net Income:
+$1.1M
Assets

$12.2M

Liabilities

$2.5M

Net Assets:
+$9.8M
Operating Budget

$1.4M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

11

Median grant size
$14.1K
Largest grant received
$82.9K
J
John Faherty
Board Member
B
Ben Greenberg
Board Member
K
Ken Patel
Board Member

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 2024, The Mercantile Library received grants from THE GREATER CINCINNATI FOUNDATION, LOUISE TAFT SEMPLE FOUNDATION, and THE THOMAS J EMERY MEMORIAL. 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.
Overview
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