Winthrop Public Library Foundation
- Assets
- $155.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winthrop, ME
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-4852968
Organization Overview
Winthrop Public Library Foundation is located in Winthrop, ME. The organization was established in 2014. 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. Winthrop Public 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 12/2023, Winthrop Public Library Foundation generated $33.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.2%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (50.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Lebrun Chairperson | 2 | $0 | |
Claire Hersom Director | 1 | $0 | |
Linda Easterbrooks Treasurer | 2 | $0 | |
Jan Tewksbury Assistant Treasurer | 2 | $0 | |
Janet Cowperthwaite Secretary | 2 | $0 | |
Denise Bosse Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,522 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,156 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,678 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,470 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,266 |
| Other expenses | $11,120 |
| Total expenses | $14,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,373 |
| Other assets | $0 |
| Total assets | $155,373 |
| Total liabilities | $0 |
| Net assets or fund balances | $155,373 |