Brunswick Public Library Association is located in Brunswick, ME. The organization was established in 1946. As of 06/2023, Brunswick Public Library Association employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brunswick Public 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 06/2023, Brunswick Public Library Association generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.2m during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A LIBRARY FOR THE CITIZENS OF BRUNSWICK, MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES CUSTOMARY LIBRARY SERVICES TO RESIDENTS OF BRUNSWICK, MAINE AND THE SURROUNDING COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Beth Eisman Secretary | OfficerTrustee | 2 | $0 |
Dave Millar Board Member | Trustee | 1 | $0 |
Eileen Hornor Treasurer | OfficerTrustee | 1 | $0 |
John Eldridge Ex-Officio | Trustee | 1 | $0 |
Karl Lauenstein Board Member | Trustee | 1 | $0 |
Kristin K Jhamb Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,794,865 |
All other contributions, gifts, grants, and similar amounts not included above | $398,344 |
Noncash contributions included in lines 1a–1f | $4,178 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,193,209 |
Total Program Service Revenue | $26,711 |
Investment income | $86,791 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,026 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,265,738 |
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. | $121,767 |
Compensation of current officers, directors, key employees. | $15,542 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,061,354 |
Pension plan accruals and contributions | $95,164 |
Other employee benefits | $263,007 |
Payroll taxes | $89,733 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $86,591 |
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 | $33,954 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,236,042 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $637,332 |
Savings and temporary cash investments | $24,866 |
Pledges and grants receivable | $8,950 |
Accounts receivable, net | $3,149 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,657 |
Net Land, buildings, and equipment | $342,211 |
Investments—publicly traded securities | $5,071,729 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,096,894 |
Accounts payable and accrued expenses | $176,952 |
Grants payable | $0 |
Deferred revenue | $79,444 |
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 | $256,396 |
Net assets without donor restrictions | $3,058,190 |
Net assets with donor restrictions | $2,782,308 |
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 | $0 |
Total liabilities and net assets/fund balances | $6,096,894 |