Overview

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Est.

2006

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Mercantile Library is a literary library organized and operated for literary purposes, advancing interest in the written word and celebrating literary achievement. In filing year 2024, it reported an operating budget of $1.4M and total revenue of $2.5M, with support from funders including THE GREATER CINCINNATI FOUNDATION, CAROL ANN AND RALPH V HAILE JR FOUNDATION, and GEORGE & MARGARET MCLANE FOUNDATION.

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
13
Median grant size
$15K
Largest grant received
$82.9K
J
John Faherty
Board Member
L
Laura Humphrey
Board Member
T
Thomas Freeman
Board Member
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  • 35 funders
  • 56 board & team members
  • 12 historic 990s & financials
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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.