Center for Research Libraries FY2024 filing

Tax-deductible

Chicago, IL501(c)(3)Since 1949EIN 36-2167788Revenue $9.1M in FY2024

On file with the IRScrl.edu6050 S Kenwood Ave, 60637-2804 · Chicago, ILTax-exempt since Oct 1950Publicly supported — 509(a)(2)

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To foster and advance scholarly and scientific Research.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$619K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.8M a year · 21% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$619K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
32 mo
of spending, in cash
Looks good: 31.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $220K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9.3M
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.1M
-2% vs prior year
Spent
$6.5M
To programs
90%
Net assets
$20.3M
By yearFY2020–FY2025
Revenue
$9.1M
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.5M
FY2021$8.5M
FY2022$9.2M
FY2023$9.3M
FY2024$9.1M
FY2025$8.8M
Expenses
$6.5M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$8.1M
FY2021$7.2M
FY2022$6.6M
FY2023$6.2M
FY2024$6.5M
FY2025$7.8M
Net assets
$20.3M
FY2024▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.4M
FY2021$12.0M
FY2022$13.5M
FY2023$17.0M
FY2024$20.3M
FY2025$22.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1950.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $5.9M Management & general 10% · $619K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $619K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$230,000Pt VII · Sec A
SR. Director of Finance & Administration
$172,769Pt VII · Sec A
Director of Metadata & Discovery Enhancement
$116,061Pt VII · Sec A
Network and Systems Administrator
$100,229Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Gregory Eow$357,746$230,000$230,000$230,000$238,780$79,088
Bernard Reilly—————$203,820
Andrea Duntz$188,969$172,769$151,071$113,665——
Kevin Merriman$150,818—————
James T Simon———$115,727$134,116$118,467
Patricia Xia————$131,727$125,064
Amy Wood$123,770$116,061————
Raymond Sallay———$100,458$118,340$104,517

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports and promotes scholarly and scientific research.

Questions for Center for Research Libraries

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Provided by the organization

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3 programs · $3.3M · in their own filed words · FY2023
01

Service and Delivery

The center delivers an estimated 33 million pages of collection materials to member institutions and other clients each year. Activities include receiving and processing requests for the center's collection materials from member libraries and clients, retrieval and preparation of materials for delivery, shipping, fulfillment of…

$1.1Mprogram expense
02

Cataloging and Metadata

This program involves production and processing of preliminary and final catalog records, finding aids for the center's collection materials and metadata for electronic resources including those produced AND/OR acquired by the center.

$1.1Mprogram expense
03

Acquisitions

This program consists of activities supporting the acquisition and processing of collection materials, including surveying of members on collection needs, selection and subscription costs, ordering, transporting and receiving materials.

$1.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$220K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$9.1M
Ln 12
Fees for servicesLn 2g$7.7M
Investment incomeLn 3$1.3M
Other incomeLn 4–11$80K
Money outPt IX
$6.5M
Ln 25
Programscol B$5.9M
Managementcol C$619K
Owns and owesPt X
$20.3M
net assets · Ln 32
Cash and savingsLn 1–2$17.2M
Total assetsLn 16$29.6M
LiabilitiesLn 26$9.3M
PeoplePt VI, VII
20
listed · VII A
PaidVII A4
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$7.7M
Investment incomeLn 3$1.3M
Other incomeLn 4–11$80K
Total revenueLn 12$9.1M
Assets in detailPt X, end of year
CashLn 1$10.0M
SavingsLn 2$7.2M
Cash and savings togetherLn 1–2$17.2M
InvestmentsLn 11–13$4.8M
Land, buildings, equipmentLn 10c$2.6M
Other assetsLn 15$4.5M
Total assetsLn 16$29.6M
LiabilitiesLn 26$9.3M
Net assetsLn 32$20.3M
OperationsPt I, VI
EmployeesI 550
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$17.1M$17.2M
InvestmentsLn 11–13$4.5M$4.8M
Land, buildings, equipmentLn 10c$1.7M$2.6M
Total assetsLn 16$26.5M$29.6M
LiabilitiesLn 26$9.5M$9.3M
Net assetsLn 32$17.0M$20.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$346K$311K$35K
Other salaries and wagesLn 7$2.3M$2.1M$231K
Pension plan contributionsLn 8$171K$154K$17K
Other employee benefitsLn 9$501K$451K$51K
Payroll taxesLn 10$216K$195K$22K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$63K$63K
Other fees for servicesLn 11g$671K$663K$8K
Office expensesLn 13$122K$100K$22K
OccupancyLn 16$533K$513K$20K
TravelLn 17$157K$117K$40K
InterestLn 20$380$338$42
Depreciation, depletion and amortizationLn 22$334K$297K$37K
InsuranceLn 23$112K$98K$14K
Other expenses (24a–d)Ln 24$935K$879K$56K
All other expensesLn 24e$23K$25K−$2K
Total functional expensesLn 25$6.5M$5.9M$619K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.8M$7.8M$1.0M$22.0M 990 PDF
FY2024 Viewing $9.1M$6.5M$2.6M$20.3M 990 PDF
FY2023 $9.3M$6.2M$3.1M$17.0M 990 PDF
FY2022 $9.2M$6.6M$2.6M$13.5M 990 PDF
FY2021 $8.5M$7.2M$1.3M$12.0M 990 PDF
FY2020 $8.5M$8.1M$403K$9.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $9,085,756 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $20,000$0
I-9 Program service revenuePrior year $7,625,585$7,675,202
I-10 Investment incomePrior year $1,145,871$1,330,378
I-11 Other revenuePrior year $477,884$80,176
I-12 Total revenuePrior year $9,269,340$9,085,756
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,048,699$3,515,663
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,136,124$2,955,614
I-18 Total expensesPrior year $6,184,823$6,471,277
I-19 Revenue less expensesPrior year $3,084,517$2,614,479
Part VI · Governance 16 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,085,756 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,675,202$7,675,202
VIII-3 Investment incomeExcluded from tax $1,330,378$1,330,378
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $80,176$80,176
VIII-12 Total revenueRelated to mission $7,675,202 · Unrelated business $0 · Excluded from tax $1,410,554$9,085,756
Part IX · Statement of functional expenses $6,471,277 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $310,870 · Management $34,981$345,851
IX-7 Other salaries and wagesPrograms $2,050,040 · Management $230,685$2,280,725
IX-8 Pension plan contributionsPrograms $154,073 · Management $17,337$171,410
IX-9 Other employee benefitsPrograms $450,517 · Management $50,695$501,212
IX-10 Payroll taxesPrograms $194,571 · Management $21,894$216,465
IX-11b Legal feesManagement $5,808$5,808
IX-11c Accounting feesManagement $63,000$63,000
IX-11g Other fees for servicesPrograms $663,400 · Management $8,067$671,467
IX-13 Office expensesPrograms $100,429 · Management $22,051$122,480
IX-16 OccupancyPrograms $512,767 · Management $19,812$532,579
IX-17 TravelPrograms $116,617 · Management $40,098$156,715
IX-20 InterestPrograms $338 · Management $42$380
IX-22 Depreciation, depletion and amortizationPrograms $296,600 · Management $37,075$333,675
IX-23 InsurancePrograms $97,664 · Management $13,952$111,616
IX-24 Other expenses (24a–d)Programs $879,009 · Management $55,877$934,886
IX-24e All other expensesPrograms $25,137 · Management −$2,129$23,008
IX-25 Total functional expensesPrograms $5,852,032 · Management $619,245 · Fundraising $0$6,471,277
Part X · Balance sheet $29,575,190 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $10,772,950$10,007,525
X-2 Savings and temporary cash investmentsStart of year $6,317,319$7,155,505
X-9 Prepaid expenses and deferred chargesStart of year $262,732$578,538
X-10c Land, buildings and equipment, netStart of year $1,704,581$2,568,003
X-11 Publicly traded securitiesStart of year $4,528,181$4,775,631
X-15 Other assetsStart of year $2,811,314$4,489,988
X-16 Total assetsStart of year $26,530,236$29,575,190
X-17 Accounts payable and accrued expensesStart of year $4,188,679$4,561,245
X-19 Deferred revenueStart of year $1,869,242$939,916
X-25 Other liabilitiesStart of year $3,370,075$3,782,937
X-26 Total liabilitiesStart of year $9,517,704$9,284,098
X-27 Net assets without donor restrictionsStart of year $16,915,427$20,199,141
X-28 Net assets with donor restrictionsStart of year $97,105$91,951
X-32 Total net assets or fund balancesStart of year $17,012,532$20,291,092
X-33 Total liabilities and net assetsStart of year $26,530,236$29,575,190
Part XI · Reconciliation of net assets $20,291,092 net assets at year end
XI-1 Total revenue$9,085,756
XI-2 Total expenses$6,471,277
XI-3 Revenue less expenses$2,614,479
XI-4 Net assets at start of year$17,012,532
XI-5 Net unrealized gains (losses) on investments$664,081
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,291,092

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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