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Filing year 2023

THE WELLESLEY FREE LIBRARY FOUNDATION INC

Wellesley, Massachusetts·EIN 26-3194155·NTEE B117 · Education·3
Total revenue
$708k
Total assets
$7.1M
Total expenses
$674k
Reported officers
16
Mission

TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS, AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY.

Reported officers (all unpaid)

No paid executives reported in 2023. THE WELLESLEY FREE LIBRARY FOUNDATION INC reported 16 unpaid officers and board members on its 990.

President
Treasurer
Assistant Tr
Clerk
Chair - Fina
Chair - Deve
Chair - Gove
Director
Director
Director
Director
Director
Director
Director
Director
Director
Financial trend

Revenue and expenses over time

THE WELLESLEY FREE LIBRARY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$523k
$519k
2022
$708k
$674k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Massachusetts

THE WELLESLEY FREE LIBRARY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Massachusetts earns a median of $111,002.

25th percentile
$51k
Median
$111,002
75th percentile
$237k
90th percentile
$458k

These are education sector-wide figures, not this organization's reported pay. Based on 926 organizations across 926 filings (2021 – 2024).

See full Education pay data for Massachusetts
FAQ

Common questions about THE WELLESLEY FREE LIBRARY FOUNDATION INC

What are THE WELLESLEY FREE LIBRARY FOUNDATION INC's revenue and expenses?

In 2023, THE WELLESLEY FREE LIBRARY FOUNDATION INC reported $708k in total revenue and $674k in total expenses on its IRS Form 990.

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