Worcester Public Library Foundation
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Promotes the library, builds its endowment, and funds special projects through donations and grants. For fiscal year 2024 it reported $411K in revenue, $520K in expenses, and $2.2M in net assets.Pt I
Summary of the Filing
Where the work happens
To enhance the resources and services of the worcester public library through fundraising of restricted projects for library enhancements and for restricted support of foundation operations. Including advancement of the library to various schools in the city via bookmobile and learning centers and improvments at the schools.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Christine M Murray’s $93K as Executive Director/Clerk is at the 82nd percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Christine M Murray | $93,205 | $90,124 | $85,176 | $81,120 | $84,240 | $87,320 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 73% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 25% | — | — |
| Revenue growth | 11% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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