EIN 94-1254644

Mechanics' Institute

IRS 501(c) type
501(c)(3)
Num. employees
57
Year formed
1854
Most recent tax filings
2023-06-01
Description
Founded in 1854, the Mechanics' Institute is one of the oldest institutions on the west coast of the united states. Its mission is to provide a center for intellectual and cultural advancement. Located in the financial district of san francisco, it serves individuals and families throughout the bay area offering a vibrant library with full-time professional staff, expert instruction and competition in chess, and a full calendar of engaging cultural events, programs, and classes.
Total revenues
$3,055,833
2023
Total expenses
$2,189,775
2023
Total assets
$19,395,093
2023
Num. employees
57
2023

Program areas at Mechanics' Institute

Library - the Institute maintains a collection of approximately 10,000 non-circulating books and periodicals and more than 100,000 circulating books and periodicals, as well as reference and research support services to approximately 3,000 members.
Events - the Institute hosts educational and cultural events, classes, and programs. All programs are open to the general public and members.
Chess room - the Institute hosts classes for children and adults. It also holds tournaments, and revenue from these events helps support chess activities.
Library - the Institute maintains a collection of over 9,542 non-circulating books and periodicals and 112,187 circulating books and periodicals to its approximately 3,519 members.
The chess room income helps support the operation of the library and chess room.
All library income helps support the operation of the library.
Mechanics' Institute was formed and operates for the purpose of providing a library and reference center for the public. The cost of operating such a facility is partially offset through library dues.
Sale of books and tapes helps offset the cost of new subscriptions.
Fees from special events helps offset the cost of the event lectures.

Who funds Mechanics' Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Morris and Alma Schapiro FundGeneral Purpose$50,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$33,500
The Miner Anderson Family FoundationGeneral & Unrestricted$15,000
...and 5 more grants received

Personnel at Mechanics' Institute

NameTitleCompensation
Avi RoseInterim Chief Executive Officer
Katherine BellaChief Executive Officer$0
Bobbie B MonzonDirector of Operations$105,431
Andrew RosePast Interim Chief Executive Officer$58,689
Kimberly ScrafanoFormer Chief Executive Officer / Former Chief Executive Officer / Chief Executive Officer / Executive Director$200,392
...and 8 more key personnel

Financials for Mechanics' Institute

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,344,008
Program services$250,813
Investment income and dividends$56,522
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$100,889
Net gain from sale of non-inventory assets$279,779
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23,822
Total revenues$3,055,833

Form 990s for Mechanics' Institute

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-082023-08-24990View PDF
2021-082022-07-15990View PDF
2020-082021-05-13990PFView PDF
2019-082021-06-09990PFView PDF
...and 8 more Form 990s
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 11, 2024
Updated personnel
Identified 2 new personnel
July 16, 2024
Used new vendors
Identified 1 new vendor, including
July 10, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from The San Francisco Foundation (TSFF)
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $50,000 from Morris and Alma Schapiro Fund
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
57 Post St 504
San Francisco, CA 94104
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
milibrary.org/ 
Phone
(415) 393-0108
Facebook page
MILibrary 
Twitter profile
@milibrary 
IRS details
EIN
94-1254644
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1854
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B70: Libraries, Library Science
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
013795
FTB Entity ID
0045169
AB 488 data last updated ("as-of") date
2024-10-16
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