MASSACHUSETTS LIBRARY SYSTEM INC

EIN: 043387698 501(c)(3) Education

MARLBOROUGH, MA

Total Revenue
$15,334,761
Total Expenses
$12,655,533
Total Assets
$11,366,833
Net Assets
$10,758,146
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MA
Principal Officer
ALYSON MALIK
Phone
5083572121
Tax Period
2024-07-01 to 2025-06-30

MASSACHUSETTS LIBRARY SYSTEM INC, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $15.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.7M, a strong 17% operating margin.

Mission

THE MASSACHUSETTS LIBRARY SYSTEM, A STATE-SUPPORTED COLLABORATIVE, FOSTERS COOPERATION, COMMUNICATION, INNOVATION, AND SHARING AMONG MEMBER LIBRARIES OF ALL TYPES. THE MASSACHUSETTS LIBRARY SYSTEM PROMOTES EQUITABLE ACCESS TO EXCELLENT LIBRARY SERVICES AND RESOURCES FOR ALL WHO LIVE, WORK, OR STUDY IN MASSACHUSETTS.

Program Service Accomplishments

Program 1
Expenses: $11,793,090 Revenue: $977,595

THE MASSACHUSETTS LIBRARY SYSTEM (MLS) PROVIDES SERVICES TO ABOUT 1,600 MASSACHUSETTS LIBRARIES OF ALL TYPES AND SIZES THROUGHOUT THE COMMONWEALTH. MLS WAS ESTABLISHED IN JULY 2010 WITH THE FOLLOWING...

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THE MASSACHUSETTS LIBRARY SYSTEM (MLS) PROVIDES SERVICES TO ABOUT 1,600 MASSACHUSETTS LIBRARIES OF ALL TYPES AND SIZES THROUGHOUT THE COMMONWEALTH. MLS WAS ESTABLISHED IN JULY 2010 WITH THE FOLLOWING MISSION: THE MASSACHUSETTS LIBRARY SYSTEM, A STATE-SUPPORTED COLLABORATIVE, FOSTERS COOPERATION, COMMUNICATION, INNOVATION, AND SHARING AMONG MEMBER LIBRARIES OF ALL TYPES. THE MASSACHUSETTS LIBRARY SYSTEM PROMOTES EQUITABLE ACCESS TO EXCELLENT LIBRARY SERVICES AND RESOURCES FOR ALL WHO LIVE, WORK, OR STUDY IN MASSACHUSETTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,150,000
Program Service Revenue $882,833
Investment Income $207,166
Other Revenue $94,762
TOTAL REVENUE $15,334,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,770,390
Fundraising Expenses $0
Program Expenses $11,793,090
Other Expenses $9,885,143
TOTAL EXPENSES $12,655,533

Year-over-Year Comparison

2024 2023 Change
Revenue $15,334,761 $13,947,906 +0.1%
Expenses $12,655,533 $12,703,852 0.0%
Net Income $2,679,228 $1,244,054 +1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
68
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$152,745
Total Directors
18
$152,745
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH SOGIGIAN EXECUTIVE DIRECTOR 40.00
Officer Director
$136,462 $16,283 $152,745
HOPE HOUSTON PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
SHANNON COMPTON VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ALLYSON MALIK PRESIDENT 0.50
Officer Director
$0 $0 $0
CLAYTON CHEEVER DIRECTOR 0.50
Director
$0 $0 $0
NICOLE DAVIAU DIRECTOR 0.50
Director
$0 $0 $0
SARAH JACKSON EX-OFFICIO 0.50
Director
$0 $0 $0
ROBERT DEFABRIZIO DIRECTOR 0.50
Director
$0 $0 $0
MAUREEN AMYOT EX-OFFICIO 0.50
Director
$0 $0 $0
MATT BEJUNE DIRECTOR 0.50
Director
$0 $0 $0
MEGAN BROOKS DIRECTOR 0.50
Director
$0 $0 $0
LISA DOWNING DIRECTOR 0.50
Director
$0 $0 $0
KATE GOMES DIRECTOR 0.50
Director
$0 $0 $0
THOMAS RAFFENSPERGER DIRECTOR 0.50
Director
$0 $0 $0
CHRISTINA DOMINIQUE-PIERRE TREASURER 0.50
Officer Director
$0 $0 $0
MARIA PALACIO DIRECTOR 0.50
Director
$0 $0 $0
CLAUDIA PALFRAMAN DIRECTOR 0.50
Director
$0 $0 $0
MIKI WOLFE CLERK 0.50
Officer Director
$0 $0 $0
SCOTT KEHOE LIBRARY RESOURCES DIRECTOR 40.00
Highest
$103,901 $22,405 $126,306
ELIZABETH MEADEN BUSINESS/HR DIRECTOR 40.00
Highest
$110,847 $16,376 $127,223
TERENCE MCQUOWN CONSULTING AND TRAINING DI 40.00
Highest
$105,868 $21,269 $127,137
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $15,334,761 $12,655,533 $11,366,833 $2,679,228
2024 $13,947,906 $12,703,852 $8,922,768 $1,244,054
2023 $12,470,405 $12,919,016 $7,826,078 $-448,611
2022 $11,793,761 $10,823,353 $7,404,141 $970,408
2021 $10,392,045 $9,085,613 $6,434,089 $1,306,432
2020 $9,641,285 $8,288,110 $5,141,979 $1,353,175
2019 $8,708,890 $8,270,456 $3,800,936 $438,434
2018 $8,450,815 $8,287,579 $3,516,186 $163,236
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