The Mary Baker Eddy Library For The Betterment Of Humanity Inc in Boston, Massachusetts (MA)

The Mary Baker Eddy Library For The Betterment Of Humanity Inc
Employer Identification Number (EIN)	043528638
Name of Organization	The Mary Baker Eddy Library For The Betterment Of Humanity Inc
In Care of Name	Don Wilson
Address	200 Massachusetts Ave, Boston, MA 02115-3012
Subsection	Educational Organization, Religious Organization
Ruling Date	11/2000
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	04/2013
Assets	$10,000,000 to $49,999,999
Income	$1,000,000 to $4,999,999
Filing Requirement	990 - Not required to file (religious organization)
Asset Amount	$32,700,951
Amount of Income	$16,841,001
Form 990 Revenue Amount	$16,841,001
National Taxonomy of Exempt Entities (NTEE)	Educational Institutions and Related Activities: Libraries

Non-representatives - add comments:

Amount of income in 2013: $16,841,001

The Mary Baker Eddy Library For The Betterment Of Humanity Inc:	$16,841,001
Other organizations performing similar types of work:	$84,385

Assets in 2013: $32,700,951

The Mary Baker Eddy Library For The Betterment Of Humanity Inc:	$32,700,951
Other organizations performing similar types of work:	$188,533

Expenses in 2002: $9,279,746

This organization:	$9,279,746
Other organizations performing similar types of work:	$59,444

Income to expenses ratio in 2002: 1.8

The Mary Baker Eddy Library For The Betterment Of Humanity Inc:	1.8
Other organizations performing similar types of work:	1.3

Expenses allocated to program services in 2002: 77.8%

This organization:	77.8%
Other organizations performing similar types of work:	87.3%

Number of employees in 2002: 34

This organization:	34
Other organizations performing similar types of work:	3

Employees paid over $50,000 in 2002: 79.4%

The Mary Baker Eddy Library For The Betterment Of Humanity Inc:	79.4%
Other organizations performing similar types of work:	8.7%

Grants share in income in 2002: 97.8%

This organization:	97.8%
Other organizations performing similar types of work:	-,nan,(ind)%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Expenses for 2002

Functional Expenses for 2002 ($)

Income-Producing Activities for 2002

	2002
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$16,841,001
Contributions, gifts, grants, and similar amounts received	$16,476,580
Contributions to donor advised funds
Direct public support	$3,851,058
Indirect public support	$12,625,522
Government contributions (grants)	$0
Program service revenue including government fees and contracts	$177,444
Membership dues and assessments	$0
Interest on savings and temporary cash investments	$119
Dividends and interest from securities	$0
Net rental income or (loss)	$1,911
Gross rents	$3,825
Less: rental expenses	$1,914
Other investment income	$0
Gain or (loss) from sales of assets other than inventory	$-115
Gross amount from sales of assets other than inventory	$7,951
Less: cost or other basis and sales expenses	$8,066
Net income or (loss) from special events and activities	$0
Gross revenue	$0
Less: direct expenses other than fundraising expenses	$0
Gross profit or (loss) from sales of inventory	$185,062
Gross sales of inventory, less returns and allowances	$361,316
Less: cost of goods sold	$176,254
Other revenue	$0
Total expenses	$9,279,746
Program services	$7,219,892
Management and general	$1,738,315
Fundraising	$321,539
Payments to affiliates	$0
Net assets or fund balances at end of year	$32,700,951
Excess or (deficit) for the year	$7,561,255
Net assets or fund balances at beginning of year	$25,139,696
Other changes in net assets or fund balances	$0

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2002)
Total functional expenses	$9,279,746	$7,219,892	$1,738,315	$321,539
Grants paid from donor advised funds
Other grants and allocations		$20,100
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$358,290	$41,240	$317,050	$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above	$3,508,301	$2,980,298	$312,021	$215,982
Pension plan contributions not included above	$0	$0	$0	$0
Employee benefits not included above	$745,225	$586,835	$116,107	$42,283
Payroll taxes	$0	$0	$0	$0
Professional fundraising fees	$16,000	$0	$0	$16,000
Accounting fees	$11,375	$0	$11,375	$0
Legal fees	$19,608	$0	$19,608	$0
Supplies	$114,310	$62,981	$50,519	$810
Telephone	$54,720	$24,842	$28,910	$968
Postage and shipping	$153,006	$74,105	$72,990	$5,911
Occupancy	$154,016	$84,914	$69,102	$0
Equipment rental and maintenance	$0	$0	$0	$0
Printing and publications	$480,981	$180,973	$280,853	$19,155
Travel	$194,102	$112,451	$75,718	$5,933
Conferences, conventions, and meetings	$705,504	$663,528	$38,467	$3,509
Interest	$0	$0	$0	$0
Depreciation, depletion, etc.	$11,269	$11,269	$0	$0
Other expenses not covered above	$2,732,939	$2,376,356	$345,595	$10,988

	2002
Balance Sheets
Total assets	$33,294,945
Cash - non-interest-bearing	$331,614
Savings and temporary cash investments	$0
Accounts receivable less allowance for doubtful accounts	$2,754
Pledges receivable less allowance for doubtful accounts	$25,386
Grants receivable	$0
Receivables from current and former officers, directors, trustees, and key employees	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts	$1,344,488
Inventories for sale or use	$174,055
Prepaid expenses and deferred charges	$0
Investments - publicly-traded securities
Investments - other securities	$10,112
Investments - land, buildings, and equipment less accumulated depreciation	$0
Investments - other	$0
Land, buildings, and equipment less accumulated depreciation	$31,397,625
Other assets, including program-related investments	$8,911
Total liabilities	$593,994
Accounts payable and accrued expenses	$593,994
Grants payable	$0
Deferred revenue	$0
Loans from officers, directors, trustees, and key employees	$0
Tax-exempt bond liabilities	$0
Mortgages and other notes payable	$0
Other liabilities	$0
Total liabilities and net assets/fund balances	$33,294,945
Total net assets or fund balances	$32,700,951

	2002
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$16,841,001
Total revenue, gains, and other support per audited financial statements	$4,391,191
Other expenses	$175,712
Net unrealized gains on investments	$0
Donated services and use of facilities	$0
Recoveries of prior year grants	$0
Other	$175,712
Other revenue	$12,625,522
Investment expenses	$0
Other	$12,625,522

	2002
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$9,279,746
Total expenses and losses per audited financial statements	$9,504,809
Other revenue	$225,063
Donated services and use of facilities	$0
Prior year adjustments	$0
Losses	$0
Other	$225,063
Other expenses	$0
Investment expenses	$0
Other	$0

Current Officers, Directors, Trustees, and Key Employees

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 2006	34

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2002)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$41,941		$0	$322,476
Program service revenue
Program service revenue 1	000000	$0	00	$0	$167,498
Program service revenue 2	000000	$0	00	$0	$3,314
Program service revenue 3	000000	$0	00	$0	$6,632
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$119	$0
Dividends and interest from securities	000000	$0	00	$0	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	Rental and leasing services	$1,911	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$-115	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	Gift, novelty, and souvenir stores	$40,030	00	$0	$145,032
Other revenue	000000	$0	00	$0	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
$150,577	$28,610	$0
$76,465	$14,528	$0
$85,577	$16,260	$0
$85,346	$16,216	$0
$85,327	$16,212	$0

Total number of other employees paid over $50,000	22

Total number of other employees paid over $50,000

Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities	$40,000
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that receives a substantial part of its support from a governmental unit or from the general public

	2001
Support Schedule
Total	$25,962,208
Gifts, grants, and contributions received	$25,960,360
Membership fees received	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$1,808
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$40
Net income from unrelated business activities not included above	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0
Other income	$0

Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

	Income	Expenses	Net
Unrelated Trade or Business Income (for 2009)
Total	$23,175	$0	$23,175
Gross receipts or sales less returns and allowances	$42,872	$0	$0
Cost of goods sold	$196,971	$0	$0
Gross profit	$231,751	$0	$23,175
Capital gain net income	$0	$0	$0
Net gain	$0	$0	$0
Capital loss deduction for trusts	$0	$0	$0
Income (loss) from partnerships and S corporations	$0	$0	$0
Rent income	$0	$0	$0
Unrelated debt-financed income	$0	$0	$0
Interest, annuities, royalties, and rents from controlled organizations	$0	$0	$0
Investment income of a section 501(c)(7), (9), or (17) organization	$0	$0	$0
Exploited exempt activity income	$0	$0	$0
Advertising income	$0	$0	$0
Other income	$0	$0	$0

Deductions Not Taken Elsewhere (for 2009)
Total deductions	$41,703
Compensation of officers, directors, and trustees	$0
Salaries and wages	$26,650
Repairs and maintenance	$0
Bad debts	$0
Interest	$0
Taxes and licenses	$0
Charitable contributions	$0
Depreciation	$0
Depletion	$0
Contributions to deferred compensation plans	$0
Employee benefit programs	$4,432
Excess exempt expenses	$0
Excess readership costs	$0
Other deductions	$10,621
Unrelated business taxable income	$0
Unrelated business taxable income before net operating loss deduction	$-528
Net operating loss deduction	$0
Unrelated business taxable income before specific deduction	$-18,528
Specific deduction	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Southeastern Massachusetts Regional Library System Inc	10 Riverside Drive, Lakeville, MA 02347	MA	1997-11	$2,611,756
2	S A I L S Incorporated	10 Riverside Dr Ste 102, Lakeville, MA 02347-1689	MA	1996-10	$1,310,546
3	Springfield Library Foundation Inc	220 State St, Springfield, MA 01103-1733	MA	2005-02	$445,144
4	Palmer Public Library Association	1455 N Main St, Palmer, MA 01069-1265	MA	2010-10	$369,910
5	Hopkinton Public Library Foundation Inc	PO BOX 16, Woodville, MA 01784-0016	MA	2012-03	$317,463
6	Walpole Public Library Endowment Trust	C/O Robert Macdonald, East Walpole, MA 02032	MA	2001-08	$251,355
7	Brookline Library Foundation Inc	361 Washington St, Brookline, MA 02445-6810	MA	1999-05	$217,684
8	Sanskrit Library	501 Lexington St Apt 69, Waltham, MA 02452-3038	MA	2014-04	$139,577
9	Friends Of The Ipswich Public Library	P O Box 157, Ipswich, MA 01938	MA	1993-08	$125,591
10	West Warren Library Association Inc	2370 Main Street, West Warren, MA 01092	MA	2004-06	$82,525
11	Friends Of Forbes Library Inc	PO BOX 1363, Northampton, MA 01061-1363	MA	2012-05	$37,781
12	The Friends Of The North End Branch Library Inc	25 Parmenter Street, Boston, MA 02113	MA	2014-07	$26,142
13	Leicester Public Library-Renovation Fund	1136 Main St, Leicester, MA 01524-1349	MA	2011-08	$25,961
14	Friends Of The Westhampton Public Library Inc	1 North Rd, Westhampton, MA 01027-9689	MA	1999-11	$23,284
15	Harvard Square Library Inc	95 Montgomery St, Cambridge, MA 02140	MA	2014-04	$19,004
16	Friends Of The Pearle L Crawford Memorial Library Inc	3 Village Street Po Box 33, Dudley, MA 01571	MA	2000-01	$8,981
17	Friends Of Richards Memorial Library Of Paxton	44 Richards Ave, Paxton, MA 01612-1148	MA	1996-01	$2,487
18	Brookline Library Music Association	44 Davis Avenue, Brookline, MA 02445	MA	2001-11	$0
19	Friends Of Ashburnhams Stevens Memorial Library Inc	Po Box 285, Ashburnham, MA 01430	MA	2014-10	$0
20	Friends Of The Agawam Public Library	Po Box 478, Feeding Hills, MA 01030	MA	2003-09	$0

Number of organizations performing similar types of work

Alaska	13
Alabama	17
Arkansas	18
Arizona	18
California	141
Colorado	21
Connecticut	27
District of Columbia	11
Delaware	4
Florida	53
Georgia	37
Hawaii	2
Iowa	37
Idaho	15
Illinois	35
Indiana	34
Kansas	23
Kentucky	18
Louisiana	8
Massachusetts	57
Maryland	25
Maine	46
Michigan	50
Minnesota	37
Missouri	37
Mississippi	5

Montana	13
North Carolina	37
North Dakota	2
Nebraska	19
New Hampshire	21
New Jersey	49
New Mexico	23
Nevada	7
New York	184
Ohio	48
Oklahoma	23
Oregon	28
Pennsylvania	109
Rhode Island	7
South Carolina	15
South Dakota	6
Tennessee	32
Texas	124
Utah	6
Virginia	46
Vermont	17
Washington	36
Wisconsin	43
West Virginia	10
Wyoming	2
International	5

Total

1,701

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