Camden Public Library Fund
- Assets
- $1.8m
- Revenue
- $380.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, ME
- Founding
- 06/2011
- Data as of
- 06/2023
- EIN
- 27-3304822
Organization Overview
Camden Public Library Fund is located in Camden, ME. The organization was established in 2011. 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. Camden Public Library Fund 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, Camden Public Library Fund generated $380.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $325.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Camden Public Library Fund has awarded 12 individual grants totaling $1,812,884. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLICIT FUNDS AND CONTRIBUTIONS IN KIND FROM THE GENERAL PUBLIC AND OTHER SOURCES THAT WILL BE USED IN DIRECT SUPPORT OF THE CAMDEN PUBLIC LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISED FUNDS THAT WILL BE USED IN DIRECT SUPPORT OF THE CAMDEN PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Silvio Calabi President | OfficerTrustee | 0.2 | $0 |
Susan Todd Treasurer | OfficerTrustee | 0.2 | $0 |
Marti Wolfe Secretary | OfficerTrustee | 0.2 | $0 |
John Fitzgerald Director | Trustee | 0.2 | $0 |
Ken Gardiner Director | Trustee | 0.2 | $0 |
Elizabeth Senders Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,950 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $261,999 |
| Noncash contributions included in lines 1a–1f | $3,972 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,949 |
| Total Program Service Revenue | $0 |
| Investment income | $36,503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,048 |
| Net Income from Fundraising Events | $52,193 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $380,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $312,949 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,135 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,456 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $3,045 |
| Total functional expenses | $325,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $218,966 |
| Pledges and grants receivable | $350 |
| Accounts receivable, net | $0 |
| 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 | $2,547 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,595,325 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,817,188 |
| Accounts payable and accrued expenses | $287 |
| Grants payable | $0 |
| Deferred revenue | $8,350 |
| 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 | $12,221 |
| Total liabilities | $20,858 |
| Net assets without donor restrictions | $13,868 |
| Net assets with donor restrictions | $1,782,462 |
| 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 | $1,817,188 |
Grants Awarded
Over the last fiscal year, Camden Public Library Fund has awarded $289,994 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CAMDEN PUBLIC LIBRARY PURPOSE: SUPPORT THE LIBRARY OPERATIONS | $277,994 |
CAMDEN PUBLIC LIBRARY PURPOSE: CAPITAL IMPROVEMENTS AND ASSETS | $12,000 |