Trustees Of Merrill Memorial Library

Organization Overview

Trustees Of Merrill Memorial Library is located in Yarmouth, ME. The organization was established in 1967. 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. Trustees Of Merrill Memorial 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 06/2024, Trustees Of Merrill Memorial Library generated $722.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $645.2k during the year ending 06/2024. While expenses have increased by 5.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FREE PUBLIC LIBRARY SERVICES TO THE TOWN OF YARMOUTH, MAINE AND NEARBY COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED FREE PUBLIC SERVICES TO THE RESIDENTS OF THE TOWN OF YARMOUTH, MAINE AND NEARBY NON-RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Nat Bessey
President
$0
Emily Birchby
Trustee
$0
Erik Hellstedt
Trustee
$0
Tim Kittredge
Vice Preside
$0
Andrew Marianski
Treasurer
$0
Stephannie Small
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $588,579
All other contributions, gifts, grants, and similar amounts not included above$27,790
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$616,369
Total Program Service Revenue$9,147
Investment income $34,010
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $63,318
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $722,844

Peer Organizations

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