Free Public Library Association Of Vassalboro
- Assets
- $411.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Vassalboro, ME
- Founding
- 12/1993
- Data as of
- 06/2022
- EIN
- 01-0476852
Organization Overview
Free Public Library Association Of Vassalboro is located in East Vassalboro, ME. The organization was established in 1993. 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. Free Public Library Association Of Vassalboro 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, Free Public Library Association Of Vassalboro generated $118.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $63.6k during the year ending 06/2022. While expenses have increased by 2.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LOCAL PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Stanley Librarian Di | 20 | $20,637 | |
Val Sugden Secretary | 2 | $0 | |
Elizabeth Mcmahon President | 2 | $0 | |
Susan Taylor Vice Preside | 2 | $0 | |
Sylvia Michaud Treasurer | 2 | $0 | |
Susan Haines Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,332 |
| Total Program Service Revenue | $1,547 |
| Membership dues | $0 |
| Investment income | $24,036 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,587 |
| Other Revenue | $0 |
| Total Revenue | $118,502 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,751 |
| Professional fees and other payments to independent contractors | $1,235 |
| Occupancy, rent, utilities, and maintenance | $5,926 |
| Printing, publications, postage, and shipping | $1,482 |
| Other expenses | $17,202 |
| Total expenses | $63,596 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $353,174 |
| Other assets | $0 |
| Total assets | $411,006 |
| Total liabilities | $0 |
| Net assets or fund balances | $411,006 |
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 |