Patten Free Library

Organization Overview

Patten Free Library is located in Bath, ME. The organization was established in 1934. As of 06/2022, Patten Free Library employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patten Free Library is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Patten Free Library generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PATTEN FREE LIBRARY TRANSFORMS LIVES, INSPIRES LIFELONG LEARNING, PRESERVES LOCAL HISTORY, AND BUILDS COMMUNITY THROUGH JOYFUL, CREATIVE

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LIBRARY PROVIDES A FULL RANGE OF LIBRARY SERVICES FREE TO THE PUBLIC OF THE FIVE COMMUNITIES SERVED.


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Board, Officers & Key Employees

Name (title)Compensation
Julia Debery
Treasurer
$0
Richard Kessler
President
$0
Dawn Lee
Vice President & Trustee
$0
Karl Albrecht
Trustee & Vice President
$0
Mary Ellen Kazimer
Secretary & Trustee
$0
Allison Hepler
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$629,144
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$629,144
Total Program Service Revenue$62,125
Investment income $601,297
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $122,772
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,415,338

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Patten Free Library has recieved totaling $80,295.

Awarding OrganizationAmount
Frank A Givin Charitable Tr

Bath, ME

PURPOSE: GENERAL SUPPORT

$51,580
Gladys & Roland Harriman Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$20,000
Merrymeeting Bay Tr

Arrowsic, ME

PURPOSE: Science Ed. Programming

$5,000
Tabell Fam Foundation Tr

West Bath, ME

PURPOSE: GENERAL

$2,000
James And Betty Jacobs Fam Charitable Tr

West Bath, ME

PURPOSE: DONATION

$1,000
$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,496,035
Earnings-$1,612,854
Other Expense$350,000
Ending Balance$7,533,181

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