Totals
- Total revenue
- $1,379,531
- Total expenses
- $1,318,265
- Contributions and grants received
- $71,117
- Grants paid
- $1,000
- Program service revenue
- $4,850
- Investment income
- $1,303,564
- Other revenue
- $0
- Total assets, end of year
- $25,380,764
- Total liabilities, end of year
- $313,163
- Net assets or fund balances, end of year
- $25,067,601
- Program services expenses (Part IX)
- $596,594
- Management and general expenses
- $721,671
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $596,594
Program services were 45.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$22,917
-
1f · All other contributions, gifts and grants
$48,200
-
2a · Program service revenue: DUES
total $4,850 · related or exempt $4,850
-
3 · Investment income
total $613,203 · excluded $613,203
-
7a · Gross sales of assets other than inventory
securities $3,036,267
-
7b · Less cost or other basis and sales expenses
securities $2,345,906
-
7c · Gain or loss
securities $690,361
-
7d · Net gain or loss
total $690,361 · excluded $690,361
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,000 · program services $1,000
-
7 · Other salaries and wages
total $40,962 · program services $40,962
-
10 · Payroll taxes
total $13,919 · program services $13,919
-
11b · Fees: legal
total $328,431 · management and general $328,431
-
11c · Fees: accounting
total $135,579 · management and general $135,579
-
11f · Fees: investment management
total $59,798 · management and general $59,798
-
11g · Fees: other
total $64,177 · program services $34,177 · management and general $30,000
-
13 · Office expenses
total $5,441 · program services $758 · management and general $4,683
-
14 · Information technology
total $1,816 · program services $1,816
-
16 · Occupancy
total $60,929 · program services $60,929
-
17 · Travel
total $5,460 · program services $5,460
-
19 · Conferences, conventions and meetings
total $6,899 · program services $6,899
-
23 · Insurance
total $2,466 · program services $2,466
-
24a · Other expenses: TRANSITION COSTS
total $568,814 · program services $405,634 · management and general $163,180
-
24b · Other expenses: FURNITURE & EQUIPMENT
total $22,319 · program services $22,319
-
24c · Other expenses: FILING FEES
total $255 · program services $255
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $27,945 · end of year $56,690
-
4 · Accounts receivable
beginning of year $0 · end of year $97,663
-
9 · Prepaid expenses and deferred charges
beginning of year $40 · end of year $1,278
-
11 · Investments: publicly traded securities
beginning of year $23,903,136 · end of year $25,051,552
-
15 · Other assets
beginning of year $0 · end of year $173,581
-
17 · Accounts payable and accrued expenses
beginning of year $116,721 · end of year $124,212
-
19 · Deferred revenue
beginning of year $2,750 · end of year $2,600
-
25 · Other liabilities
beginning of year $0 · end of year $186,351
-
27 · Net assets without donor restrictions
beginning of year $13,215,290 · end of year $13,913,766
-
28 · Net assets with donor restrictions
beginning of year $10,596,360 · end of year $11,153,835
Mission and programs · 2024
Mission
THE BOSTON MEDICAL LIBRARY IS A PHYSICIANS NON-PROFIT ORGANIZATION INCORPORATED IN 1877. THE BML MISSION, REVISED IN 2004, IS "TO BE A LIBRARY FOR THE DISSEMINATION OF MEDICAL KNOWLEDGE, THE PROMOTION OF MEDICAL EDUATION AND SCHOLARSHIP, AND THE PRESERVATION AND CELEBRATION OF MEDICAL HISTORY, AND THEREBY TO ADVANCE THE QUALITY OF HEALTH AND HEALTHCARE OF THE PEOPLE." THE BOSTON MEDICAL LIBRARY IS TO SUPPORT AND OPERATE FOR THE BENEFIT OF THE MASSACHUSETTS MEDICAL SOCIETY. THE BOSTON MEDICAL LIBRARY SERVES AS A RESOURCE FOR THE MEDICAL SCHOOL FACULTIES AND MEDICAL STUDENTS OF HARVARD MEDICAL SCHOOL, BOSTON UNIVERSITY MEDICAL SCHOOL, TUFTS UNIVERSITY SCHOOL OF MEDICINE AND THE UNIVERSITY OF MASSACHUSETTS MEDICAL SCHOOL; PRACTICING PHYSICIANS AND DENTISTS. IN 1946, THE BOSTON MEDICAL LIBRARY FORMALLY BECAME THE LIBRARY FOR THE MASSACHUSETTS MEDICAL SOCIETY.
Activities or mission (Part I)
TO BE A LIBRARY FOR THE DISSEMINATION OF MEDICAL KNOWLEDGE, THE PROMOTION OF MEDICAL EDUATION AND SCHOLARSHIP, AND THE PRESERVATION AND CELEBRATION OF MEDICAL HISTORY.
-
MAINTENANCE OF LIBRARY OF MEDICINE AND ALLIED SCIENCES, THE PROMOTION AND ADVANCEMENT OF MEDICAL SCIENCE AND MEDICAL EDUCATION, AND THE CELEBRATION OF MEDICAL HISTORY
Expenses $596,594 · Grants $1,000 · Revenue $4,850
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
RICHARD S PIETERS MD
TRUSTEE/PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
SUBRAMANYAN JAYASANKAR MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
EDITH JOLIN MD
VP/SECRETARY/TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
JAMES GESSNER MD
TRUSTEE/TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
SHAAN GANDHI MD
ASSIT. TREASURER/TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARY JANE HOULIHAN MD
TRUSTEE/VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
JOEL RUBENSTEIN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JACK EVJY MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KEN SHAMIR MD
ASSIT. TREASURER/TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LEAH DORET MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ALEXANDRA BALSHI
TRUSTEE (ENDED 10/8/2024)
- Total calculated
- $0
- Hours/week
- 1
-
NIKI NIKRUI MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ALFRED DEMARIA MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAVID LEADER DMD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DEEB SALEM MD
VICE PRESIDENT/TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GLENN MARKENSON MD
TRUSTEE (ENDED 10/8/2024)
- Total calculated
- $0
- Hours/week
- 1
-
KRISTEN ROBSON MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JAMES FELDMAN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KARL BENEDICT MD
TRUSTEE (ENDED 10/8/2024)
- Total calculated
- $0
- Hours/week
- 1
-
MCKINLEY GLOVER MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHELE PUGNAIRE MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KHARA GRESHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL STANLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD WU
TRUSTEE (AS OF 10/8/2024)
- Total calculated
- $0
- Hours/week
- 1
-
AHMED AHMED
TRUSTEE (AS OF 10/8/2024)
- Total calculated
- $0
- Hours/week
- 1
-
ERIC REINES
TRUSTEE (AS OF 10/8/2024)
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · ASSOCIATION · MA
Directly controlled by NONE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620789349300922
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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