Overview
What is Mechanics' Institute?
Mechanics' Institute is a esteemed institution, established in 1854, making it one of the oldest organizations on the West Coast of the United States. Its primary focus is to serve as a hub for intellectual and cultural growth. Situated in the Financial District of San Francisco, it caters to individuals and families across the Bay Area. The institute boasts a comprehensive library, staffed by professionals, offering a vast collection of over 100,000 circulating books and periodicals, in addition to approximately 10,000 non-circulating titles. Moreover, Mechanics' Institute provides expert instruction and competitive chess opportunities. The organization also hosts an array of engaging cultural events, programs, and classes, furthering its mission to advance intellectual and cultural development. With a workforce of around 33 employees, Mechanics' Institute continues to uphold its rich legacy in San Francisco.
Official website here: www.milibrary.org
Is Mechanics' Institute legitimate?
Mechanics' Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mechanics' Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $185,356
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,479,130
For more financial information, click here
Official website here: www.milibrary.org
What is the mission statement of Mechanics' Institute?
The Mechanics' Institute, established in 1854, serves as a hub for intellectual and cultural growth. Its primary mission is to provide a platform for advancement, catering to individuals and families across the Bay Area. The institute offers a rich library with a full-time professional staff, fostering learning through expert instruction and competitive chess. Moreover, it hosts a wide range of engaging cultural events, programs, and classes, thereby contributing to the community's intellectual and cultural enrichment.
Official website here: www.milibrary.org
Who is the CEO of Mechanics' Institute?
Katherine Bella is the CEO of Mechanics' Institute The CEO's salary of Mechanics' Institute is $24,705 and their total compensation is $24,705.
Official website here: www.milibrary.org
What is the revenue of Mechanics' Institute?
Mechanics' Institute's revenue in 2024 was $1,840,932.
Official website here: www.milibrary.org
Who are the executives of Mechanics' Institute and what are their salaries?
The average compensation at Mechanics' Institute during 2024 was $29,723. There are 56 employees and 25 volunteers at Mechanics' Institute.
Here are 22 key members and their salaries (Mechanics' Institute's CEO's salary is $24,705 and their total compensation is $24,705):
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Official website here: www.milibrary.org
Where can I find the form 990 for Mechanics' Institute?
Mechanics' Institute's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.milibrary.org
Learn more at the official website: www.milibrary.org
Mission Statement of Mechanics' Institute
Mechanics' Institute, established in 1854, is one of the oldest institutions on the West Coast of the United States. Its mission is centered around providing a platform for intellectual and cultural growth. Situated in the heart of San Francisco, this institution serves individuals and families across the Bay Area. Mechanics' Institute offers a vibrant library, staffed by full-time professionals, along with expert instruction and competitive chess opportunities. Furthermore, the organization schedules a variety of engaging cultural events, programs, and classes, continually contributing to the intellectual and cultural advancement of its community.
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Impact
July, 2024
Mechanics' Institute, founded in 1854, has had a significant impact on intellectual and cultural advancement on the West Coast of the United States. Located in the financial district of San Francisco, it serves individuals and families throughout the Bay Area by offering a vibrant library with a wide range of books and periodicals, professional staff, expert chess instruction, and cultural events, programs, and classes.
The Institute's commitment to providing access to knowledge and fostering learning have enriched the lives of its members and the community at large. Through its library services, educational programs, and cultural events, Mechanics' Institute plays a vital role in promoting education and intellectual growth in the San Francisco area.
This information is meant to be a general summary of Mechanics' Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $90,384
- Program Service Revenue: $408,225
- Gross Receipts: $4,041,635
Assets and Liabilities:
- Total Assets: $17,963,730
- Total Liabilities: $679,437
- Net Assets: $17,284,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHESS ROOM
Revenue
$365,885
EVENT INCOME
Revenue
$38,239
LIBRARY SERVICES
Revenue
$4,101
Organization Details
Founding Year
1854
Principal Officer
Katherine Bella
Website
www.milibrary.orgNTEE Category
Code: B70 - Education
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