Bremen Library Association
- Assets
- $384.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bremen, ME
- Founding
- 08/1972
- Data as of
- 06/2022
- EIN
- 01-0324317
Organization Overview
Bremen Library Association is located in Bremen, ME. The organization was established in 1972. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bremen Library Association 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, Bremen Library Association generated $77.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $52.7k during the year ending 06/2022. While expenses have increased by 8.2% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE PUBLIC LIBRARY SERVICES INCLUDING BOOKS, MAGAZINES, AUDIO BOOKS, DVD MOVIES; WI-FI AND INTERNET SERVICES; COMPUTER AVAILABILITY; ADULT AND CHILDREN'S PROGRAMS; MEETING ROOM FACILITY; FOR THE BENEFIT OF RESIDENTS OF BREMEN AND SURROUNDING TOWNS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Budlong Library Director | 25 | $24,775 | |
Kevin Redline President | 6 | $0 | |
Terry Marsh Vice President | 3 | $0 | |
Jancie Olson Director | 1 | $0 | |
Michael Leonard Treasurer | 5 | $0 | |
Mary Voskian Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,365 |
| Total Program Service Revenue | $211 |
| Membership dues | $0 |
| Investment income | $19,455 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,133 |
| Other Revenue | $0 |
| Total Revenue | $77,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,670 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,400 |
| Printing, publications, postage, and shipping | $224 |
| Other expenses | $15,438 |
| Total expenses | $52,732 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $257,436 |
| Other assets | $0 |
| Total assets | $384,336 |
| Total liabilities | $0 |
| Net assets or fund balances | $384,336 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bremen Library Association has recieved totaling $6,700.
| Awarding Organization | Amount |
|---|---|
Maine Humanities Council Portland, ME PURPOSE: SUPPORT OPERATIONS | $6,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bangor Public Library Trustees Bangor, ME | $25,795,919 | $2,775,295 |
Maine Peoples Resource Center Portland, ME | $2,139,124 | $2,704,072 |
Rockport Library Foundation Rockport, ME | $310,933 | $664,921 |
The Upper Room A Family Resource Center Derry, NH | $2,012,046 | $1,533,126 |
York Public Library Association Inc York, ME | $7,085,661 | $941,036 |
Kennebunk Free Library Association Kennebunk, ME | $2,344,059 | $951,000 |
Topsham Public Library Topsham, ME | $1,623,953 | $916,950 |
Meredith Library Fund Meredith, NH | $40,551 | $10,850 |
Park Street Foundation Concord, NH | $304,435 | $636,101 |
Sanford Library Association Sanford, ME | $2,367,641 | $997,039 |
Trustees Of Merrill Memorial Library Yarmouth, ME | $4,155,143 | $731,086 |
Southwest Harbor Public Library Southwest Harbor, ME | $5,912,644 | $804,852 |