Medford Public Library Foundation Inc. Logo

MIP Score

57

Arts & Culture
Arts Funding

Medford Public Library Foundation Inc.

Mission

The Medford Public Library Foundation (MPLF) is a nonprofit organization dedicated to enhancing the quality of life in Medford through its support of the Charlotte & William Bloomberg Medford Public Library. Established in 2018, it collaborates with local government, library trustees, and community partners to manage funds raised for the library's operations, special collections, public programming, technological innovations, youth services, and adult learning.

Basic Information

Tax-Exempt

Address

111 High Street, Medford, Massachusetts, 02155

View all Medford charities

Founded in

2018

EIN

83-1522957

Total Assets

$1.995 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Join the Volunteer Community

Join the Volunteer Community

Become a part of our community of volunteers who make the library a vibrant hub of learning.

2023 Year in Review

2023 Year in Review

Explore how the library has impacted the community this year.

Capital Campaign Success

Capital Campaign Success

Learn about our successful campaign and how we're transforming community access to resources.

Impact Stats

$30,000,000

Grant Amount

$30 Million Cummings Grant

Awarded by the Cummings Foundation to enhance literacy and innovation.

860

Programs

860 Live Programs Hosted

Number of live programs hosted in 2023, reflecting a significant increase over the previous year.

1,144,697 lbs

CO2 Emissions Saved

1,144,697 lbs CO2 Emission Saved

CO2 emissions saved through the library's solar panels since installation.

Volunteer Opportunities

Library Volunteer Program

Join a committed group of volunteers helping with various library activities.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

57

52

/100

Program Expense Ratio

92.85%

20

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.04714

20

/20

Working Capital Ratio

0.7969

8

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2021

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants674.4K99.93%
Program Services00.00%
Investment Income4840.07%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue674.9K100.00%