Casco Library Association
- Assets
- $866.1k
- Revenue
- $153.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Casco, ME
- Founding
- 01/1982
- Data as of
- 12/2021
- EIN
- 01-6022468
Organization Overview
Casco Library Association, operating under the name Casco Public Library, is located in Casco, ME. The organization was established in 1982. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Casco Public Library employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casco Public 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 12/2021, Casco Public Library generated $153.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $115.9k during the year ending 12/2021. While expenses have increased by 5.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CASCO PUBLIC LIBRARY IS TO PROVIDE RESOURCES TO THE PUBLIC IN A WELCOMING FACILITY FOR ALL WITH THE GOAL OF ENCOURAGING LIFELONG LEARNING AND EXPLORATION, CULTIVATING COMMUNITY CONNECTIONS, AND UPHOLDING INTELLECTUAL FREEDOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIRCULATION OF LIBRARY MATERIALS INCLUDING BOOKS, MAGAZINES, AUDIO-BOOKS ON CD, DVDS, E-BOOKS, DIGITAL AUDIO-BOOKS, AND PARK/MUSEUM PASSES. IN 2021, CPL CIRCULATED 15,069 ITEMS IN OUR COMMUNITY.
PROVIDING FREE EDUCATIONAL AND ENTERTAINING PROGRAMS FOR ADULTS, FAMILIES AND CHILDREN. IN 2021, CASCO LIBRARY PROVIDED 67 PROGRAMS WITH 303 PARTICIPANTS.
OFFERING FREE COMPUTER USE AND FREE OPEN WIFI TO THE COMMUNITY. CPL PROVIDES 3 PUBLIC USE COMPUTERS AND OUR WIFI IS ON 24/7 AND REACHES OUR PARKING LOT. IN 2021, CPL HAD 175 PATRON COMPUTER SESSIONS AND APPROXIMATELY 9,748 WIRELESS SESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Brenner Library Director | Officer | 42 | $49,700 |
Karen Fancher Vice President | OfficerTrustee | 1.44 | $0 |
Pamela Edwards Treasurer | OfficerTrustee | 5.08 | $0 |
Janet Ver Planck President | OfficerTrustee | 3.4 | $0 |
Sue Pride Trustee | OfficerTrustee | 0.8 | $0 |
Mary Fernandes Trustee | OfficerTrustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,586 |
| Noncash contributions included in lines 1a–1f | $2,571 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,672 |
| Total Program Service Revenue | $65 |
| Investment income | $4,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,951 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $1,120 |
| Net Income from Sales of Inventory | -$40 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,204 |
| 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. | $49,700 |
| Compensation of current officers, directors, key employees. | $14,910 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,439 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,308 |
| 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 | $4,029 |
| Advertising and promotion | $225 |
| Office expenses | $4,567 |
| Information technology | $643 |
| Royalties | $0 |
| Occupancy | $9,982 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $270 |
| Interest | $0 |
| Payments to affiliates | $104 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $869 |
| All other expenses | $0 |
| Total functional expenses | $115,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,746 |
| Savings and temporary cash investments | $50,521 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $280 |
| 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 | $0 |
| Net Land, buildings, and equipment | $312,200 |
| Investments—publicly traded securities | $433,303 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $866,050 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $673,046 |
| Net assets with donor restrictions | $193,004 |
| 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 | $866,050 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Casco Library Association has recieved totaling $6,250.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,250 |
Endowment Analysis
| Beg. Balance | $401,551 |
| Earnings | $43,372 |
| Net Contributions | $10,548 |
| Other Expense | $10,955 |
| Ending Balance | $444,516 |
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 |