Thompson Free Library Fbo
- Assets
- $385.3k
- Revenue
- $14.3k
- Investments
- $374.0k
- Employees
- 0
- Location
- Damariscotta, ME
- Founding
- 08/1964
- Data as of
- 12/2023
- EIN
- 01-6030840
Organization Overview
Thompson Free Library Fbo is located in Damariscotta, ME. The organization was established in 1964. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. Thompson Free Library Fbo 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 12/2023, Thompson Free Library Fbo generated $14.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $22.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $539 |
| Dividends & Interest | $6,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,189 |
| Capital Gain Net Income | $7,189 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,283 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $434 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,575 |
| Contributions, gifts, grants paid | $17,390 |
| Total expenses and disbursements | $21,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,310 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $385,322 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |