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Mercantile Library

Mercantile Library

Cincinnati, OH 45202
Tax ID26-1603137

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About this organization

Revenue

$1,030,418

Expenses

$1,039,684

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.

About

During 2018, the library had approximately 1,870 members. The library continued to add to its core collection of books, concurrently and continually presenting a broad range of programs and assemblies of interest to readers. Activities included multi-part book discussions, a poetry group, author appearances and lectures of interest to the general public.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “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.”.

When talking about its functions, they were outlined as: “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.”.

  • The legally reported state of operation for the non-profit is OH.
  • According to the filing, the non-profit's address in 2020 is 414 Walnut Street Floor 11, Cincinnati, OH, 45202.
  • The non-profit organization as of 2020 has a total of 8 employees reported on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Collects art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$9,266.
  • The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 22 independent voting members.
  • The organization was formed in 2006.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $462,550 in salary, compensation, and benefits to its employees.
  • The organization pays $102,421 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.

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