Buck Memorial Library

Organization Overview

Buck Memorial Library is located in Bucksport, ME. The organization was established in 1950. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2023, Buck Memorial Library employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buck Memorial 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 12/2023, Buck Memorial Library generated $234.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $209.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LIBRARY SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

FREE PUBLIC ACCESS LIBRARY COVERING THE TOWNS OF BUCKSPORT, ORLAND AND VERONA ISLAND MAINE WITH A COMBINED POPULATION OF APROXIMATELY 5,000.


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Board, Officers & Key Employees

Name (title)Compensation
Katherine Hessler
Trustee
$0
Kendall Dore
Trustee
$0
Wendy Carpenter
Alternate Trustee
$0
Sarah Welch
Alternate Trustee
$0
Jose Gayoso
Trustee
$0
Valorie Shaffner
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $66,934
All other contributions, gifts, grants, and similar amounts not included above$37,453
Noncash contributions included in lines 1a–1f $1,000
Total Revenue from Contributions, Gifts, Grants & Similar$104,387
Total Program Service Revenue$0
Investment income $68,365
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $61,757
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $234,509

Peer Organizations

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