Massachusetts · Nonprofit
INSURANCE LIBRARY ASSOCIATION OF BOSTON
INSURANCE LIBRARY ASSOCIATION OF BOSTON (Massachusetts) receives grants from 12 organizations whose IRS filings report $365,091 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($105,176). 8 of them have funded it in more than one year.
- Revenue FY2025
- $787k
- Funders on record
- 12
- Grants received
- $365k
- Net assets
- $2.5M
What Insurance Library Association of Boston does
Mission
The library's mission is to provide members of the insurance, financial security, risk management, and legal communities, and the public, with high-quality educational programming, opportunities for engagement and networking, and unique research resources and services.
As stated on its FY2025 Form 990.
Programs
The library is an approved provider of producer, and in some cases adjuster, continuing education in six states, provided monthly ce webinars with combined registration of 2,349 students. In addition, the library offered webinars or seminars in collaboration with another organization. The library also offered education programs as part of its program for 118 summer interns and early career professionals.
$134,002 spent$75,246 earned by the program36% of program spendingLibrary resources and services: the library has a comprehensive and unique collection of print and digital insurance-related materials, including current and historic insurance policies and forms, journals and other periodicals, legal treatises, government reports, financial and statistical information, and a collection of sanborn maps. These materials are used for research services provided by the library and are available for research by library members and members of the public. The library also has a collection of insurance memorabilia that reflects the history of insurance.
$243,206 spent$6,500 earned by the program64% of program spendingThe library provides unique opportunities for members of the insurance, risk management,financial security, and legal communities, and the public, to come together for networking or other engagement, to share and discuss topics of interest, and to recognize accomplishments. These opportunities include an insurance professional of the year award and event; virtual lunch and learn programs; an annual award for community or customer service; a scavenger hunt that fosters team building; interaction with colleagues, and an opportunity to learn the history of insurance in boston; and, a summer intern program for summer interns or early career professional at member organizations.
Miscellaneous
$73,256 earned by the program
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $377,208.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.6M to $2.2M (−15%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 6%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Michael Pezza
Executive director and corporation clerk
Board chair
Sonya Ross
President & bd. Chair & trustee
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $6k → $54k.
3 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of INSURANCE LIBRARY ASSOCIATION OF BOSTON’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
INSURANCE LIBRARY ASSOCIATION OF BOSTON leans on a few funders — its largest provides 29% of grant income and the top three 73%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
33% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INSURANCE LIBRARY ASSOCIATION OF BOSTON.
Largest funder’s share by year: 2017 100% · 2018 43% · 2019 46% · 2020 51% · 2021 30% · 2022 25% · 2023 37% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
60% of INSURANCE LIBRARY ASSOCIATION OF BOSTON's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
INSURANCE LIBRARY ASSOCIATION OF BOSTON draws 71% of its grant income from funders outside Massachusetts, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $120k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding INSURANCE LIBRARY ASSOCIATION OF BOSTON receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14k on record.
- (EE) ADMINISTRATIVE EXPENSES$14k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like INSURANCE LIBRARY ASSOCIATION OF BOSTON
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
54% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for INSURANCE LIBRARY ASSOCIATION OF BOSTON: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INSURANCE LIBRARY ASSOCIATION OF BOSTON?
- INSURANCE LIBRARY ASSOCIATION OF BOSTON (Massachusetts) receives grants from 12 organizations whose IRS filings report $365,091 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($105,176). 8 of them have funded it in more than one year.
- How many funders does INSURANCE LIBRARY ASSOCIATION OF BOSTON have?
- IRS filings report 12 organizations giving $365,091 in grants to INSURANCE LIBRARY ASSOCIATION OF BOSTON, 8 of which have funded it in more than one year.
- Who is the largest funder of INSURANCE LIBRARY ASSOCIATION OF BOSTON?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $105,176 in grants. The full list of funders is on this page.
- How can an organization like INSURANCE LIBRARY ASSOCIATION OF BOSTON find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Insurance Library Association of Boston →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing