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Massachusetts · Nonprofit

MAGNOLIA LIBRARY CENTER INC

MAGNOLIA LIBRARY CENTER INC (Massachusetts) receives grants from 1 organization whose IRS filings report $9,506 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($9,506). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$77k
Funders on record
1
Grants received
$10k
Net assets
$278k
0/1 repeat funderspeak grant-dependency 7%
01What it does

What Magnolia Library Center Inc does

Mission

To maintain a library, reading room, functions room, and a place for social meetings to support the community and to promote the well being, comfort and pleasure of the residents of gloucester.

As stated on its FY2025 Form 990-EZ.

Program

  1. To maintain a library, reading room, functions room,and a place for social meetings to support the community

    $90,683 spent
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $90,683.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($75k) Expenses 100 ($63k) Net assets 100 ($166k)2018 Revenue 53 ($40k) Expenses 58 ($36k) Net assets 102 ($169k)2019 Revenue 55 ($41k) Expenses 69 ($44k) Net assets 100 ($166k)2020 Revenue 28 ($21k) Expenses 77 ($49k) Net assets 83 ($138k)2021 Revenue 174 ($130k) Expenses 76 ($48k) Net assets 67 ($110k)2022 Revenue 229 ($171k) Expenses 125 ($79k) Net assets 135 ($224k)2023 Revenue 216 ($162k) Expenses 121 ($77k) Net assets 186 ($309k)2024 Revenue 102 ($76k) Expenses 140 ($89k) Net assets 179 ($296k)2025 Revenue 102 ($77k) Expenses 150 ($95k) Net assets 168 ($278k)
'17'18'19'20'21'22'23'24'25
Revenue (102)Expenses (150)Net assets (168)

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 $110k to $224k (+103%).

$166k
$169k
$166k
$138k
$110k
$224k
$309k
$296k
$278k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$11k
’17
$3k
’18
−$3k
’19
−$28k
’20
$82k
’21
$92k
’22
$85k
’23
−$13k
’24
−$18k
’25
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'21
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 MAGNOLIA LIBRARY CENTER INC’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.

Where its funders are

100% of MAGNOLIA LIBRARY CENTER INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state 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.

04Its place in the field

Government funding MAGNOLIA LIBRARY CENTER INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7k on record.

State$7k
Top programs
  • (PP) STATE AID/POL SUB$7k

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 MAGNOLIA LIBRARY CENTER INC

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for MAGNOLIA LIBRARY CENTER INC: 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.

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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 MAGNOLIA LIBRARY CENTER INC?
MAGNOLIA LIBRARY CENTER INC (Massachusetts) receives grants from 1 organization whose IRS filings report $9,506 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($9,506). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MAGNOLIA LIBRARY CENTER INC have?
IRS filings report 1 organization giving $9,506 in grants to MAGNOLIA LIBRARY CENTER INC.
Who is the largest funder of MAGNOLIA LIBRARY CENTER INC?
PAYPAL CHARITABLE GIVING FUND is the largest funder on record, with $9,506 in grants. The full list of funders is on this page.
How can an organization like MAGNOLIA LIBRARY CENTER INC 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 Magnolia Library Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 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