Madawaska Public Library is located in Madawaska, ME. The organization was established in 1991. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madawaska Public 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, Madawaska Public Library generated $45.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $59.2k during the year ending 06/2022. While expenses have increased by 3.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LIBRARY OPEN TO THE PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARY OPEN TO THE PUBLIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
FR Kent Ouellette Director | Trustee | 0.5 | $0 |
Sandra Nadeau Director | Trustee | 1 | $0 |
Manon Bilodeau Director | Trustee | 1 | $0 |
Suzanne Gendreau Chairman | Trustee | 1 | $0 |
Fran Gendreau Director | Trustee | 1 | $0 |
Leonette St Onge Treasurer | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $40,128 |
All other contributions, gifts, grants, and similar amounts not included above | $3,338 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $43,466 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,870 |
Miscellaneous Revenue | $0 |
Total Revenue | $45,336 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,325 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,402 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $290 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $498 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,137 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,216 |
Insurance | $2,230 |
All other expenses | $95 |
Total functional expenses | $59,179 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,243 |
Savings and temporary cash investments | $39,070 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,741 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $504,420 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $27,295 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $577,769 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $577,769 |
Total liabilities and net assets/fund balances | $577,769 |
Organization Name | Assets | Revenue |
---|---|---|
Portland Public Library Portland, ME | $16,295,228 | $9,283,612 |
Brunswick Public Library Association Brunswick, ME | $4,573,587 | $2,568,620 |
Scarborough Public Library Scarborough, ME | $2,438,675 | $1,994,735 |
Auburn Public Library Auburn, ME | $5,986,065 | $1,411,644 |
Mcarthur Library Association Biddeford, ME | $6,852,338 | $1,542,139 |
Patten Free Library Bath, ME | $10,442,348 | $1,415,338 |
Falmouth Memorial Library Association Falmouth, ME | $4,237,276 | $754,960 |
Dyer Library Association Saco, ME | $3,666,585 | $1,182,445 |
Jesup Memorial Library Bar Harbor, ME | $8,465,074 | $2,324,945 |
Blue Hill Public Library Inc Blue Hill, ME | $11,273,256 | $1,954,508 |
Skidompha Library Assoc Damariscotta, ME | $4,644,240 | $651,965 |
Northeast Harbor Library Northeast Harbor, ME | $11,707,277 | $1,018,426 |