Community Library
- Assets
- $453.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lyman, ME
- Founding
- 11/1996
- Data as of
- 06/2022
- EIN
- 01-0494252
Organization Overview
Community Library is located in Lyman, ME. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community 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, Community Library generated $152.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $137.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. 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
SERVICE ACCOMPLISHMENTS INCLUDE: LOANING OF BOOKS & DVDS; PURCHASE AND PROCESSING BOOKS FOR PUBLIC USE; PROVIDING COMPUTERS TO BE USED BY PATRONS AND PROVIDER OF PROGRAMS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Potter Director | 0 | $0 | |
Sharon Leblanc Director | 0 | $0 | |
Fred Bechard Chairman | 0 | $0 | |
David Mcclintock Director | 0 | $0 | |
Valerie Cole Treasurer | 0 | $0 | |
Brad Nikel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,614 |
| Total Program Service Revenue | $3,571 |
| Membership dues | $0 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,098 |
| Total Revenue | $152,351 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,580 |
| Professional fees and other payments to independent contractors | $2,642 |
| Occupancy, rent, utilities, and maintenance | $25,280 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,133 |
| Total expenses | $137,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,100 |
| Other assets | $0 |
| Total assets | $453,506 |
| Total liabilities | $0 |
| Net assets or fund balances | $453,506 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Library has recieved totaling $77.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $77 |
Peer Organizations
| 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 |