Thomas Memorial Library Foundation

Organization Overview

Thomas Memorial Library Foundation is located in Cape Eliz, ME. The organization was established in 2005. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Thomas Memorial Library Foundation 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 12/2022, Thomas Memorial Library Foundation generated $80.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FUNDING FOR THE CAPE ELIZABETH TOWN LIBRARY

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUND PROGRAMS AT THOMAS MEMORIAL LIBRARY


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Board, Officers & Key Employees

Name (title)Compensation
Kristina Justh
Board Member
$0
Geoffrey Alexander
Board Member
$0
Gil Brennan
Treasurer
$0
Derek Converse
Secretary
$0
Gregg Frame
Vice -President
$0
Kristen Homicz
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$70,343
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$70,343
Total Program Service Revenue$0
Investment income $10,401
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $80,744

Peer Organizations

Organization NameAssets
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$1,458,388
University Of Maine School Of Law Foundation
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$1,114,658
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$1,598,226
Northern Maine Community College Foundation
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$5,560,243
Southern Maine Community College Foundation
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$2,066,673
Strong Foundations Elementary School Inc
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$502,535
Kennebec Valley Community College Foundation
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$534,504
Ricker College Scholarship & Endowment Committee
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$286,645
Camden Public Library Fund
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$380,693
Friends Of Portland Adult Education
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$304,602
University Of Maine At Fort Kent Foundation
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$670,506
Lebanon Public Libraries Foundation
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$97,265
Eastern Maine Community College Foundation
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$207,756
Literacy Volunteers Of Bangor
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$0
Friends Of The Brunswick Public Library
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$147,374
Central Maine Community College Foundation
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$191,602
Gilmanton Year Round Library Association
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$94,418
Greely Hockey Boosters Club
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$0
Dover Parents Music Club Inc
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$0
Education Haiti - Edikasyon Ayiti
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$0
Lancers Dugout Club
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$0
Friends Of Rsu 21
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$0
Friends Of The Keene Public Library
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$112,240
Falmouth Football Boosters Club
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$0
Oyster River High School Boys Hockey Boosters
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$0

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