Civic Intelligence

Louis T Graves Memorial Public Library

EIN 01-0262394 • 501(c)3 • Kennebunkport, ME

Profile

To operate and maintain a free public library in kennebunkport maine.

18 Maine Street PO Box 391Kennebunkport, ME 04046

www.graveslibrary.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

86th percentile

40%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

61st percentile

7.9%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

49%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,804,403

Up $349,954 (+7.9%) from 2023

Liabilities

Down

$2,191

Down $27,376 (-93%) from 2023

Net Assets

Up

$4,802,212

Up $377,330 (+8.5%) from 2023

Revenue

Up

$887,242

Up $291,646 (+49%) from 2023

Expenses

Up

$529,166

Up $9,271 (+1.8%) from 2023

Net Income

Up

$358,076

Up $282,375 (+373%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $1,735,696Liabilities 2011: $8,377Net Assets 2011: $1,727,3192011Assets 2012: $1,927,117Liabilities 2012: $4,177Net Assets 2012: $1,922,9402012Assets 2013: $2,591,910Liabilities 2013: $6,050Net Assets 2013: $2,585,8602013Assets 2014: $2,615,388Liabilities 2014: $5,113Net Assets 2014: $2,610,2752014Assets 2015: $2,602,236Liabilities 2015: $6,299Net Assets 2015: $2,595,9372015Assets 2016: $3,225,816Liabilities 2016: $7,259Net Assets 2016: $3,218,5572016Assets 2017: $4,147,224Liabilities 2017: $404,715Net Assets 2017: $3,742,5092017Assets 2018: $3,767,340Liabilities 2018: $74,036Net Assets 2018: $3,693,3042018Assets 2019: $3,963,711Liabilities 2019: $7,691Net Assets 2019: $3,956,0202019Assets 2020: $4,433,098Liabilities 2020: $8,955Net Assets 2020: $4,424,1432020Assets 2021: $4,740,681Liabilities 2021: $32,717Net Assets 2021: $4,707,9642021Assets 2022: $4,207,067Liabilities 2022: $32,981Net Assets 2022: $4,174,0862022Assets 2023: $4,454,449Liabilities 2023: $29,567Net Assets 2023: $4,424,8822023Assets 2024: $4,804,403Liabilities 2024: $2,191Net Assets 2024: $4,802,2122024

Highlighted filing

2024

Assets$4,804,403
Liabilities$2,191
Net Assets$4,802,212

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $274,391Expenses 2011: $282,878Net Income 2011: -$8,4872011Expenses 2012: $291,4552012Revenue 2013: $808,798Expenses 2013: $305,340Net Income 2013: $503,4582013Revenue 2014: $301,582Expenses 2014: $306,249Net Income 2014: -$4,6672014Revenue 2015: $603,536Expenses 2015: $316,778Net Income 2015: $286,7582015Revenue 2016: $887,098Expenses 2016: $319,794Net Income 2016: $567,3042016Revenue 2017: $656,146Expenses 2017: $336,765Net Income 2017: $319,3812017Revenue 2018: $558,458Expenses 2018: $424,215Net Income 2018: $134,2432018Revenue 2019: $415,661Expenses 2019: $387,903Net Income 2019: $27,7582019Revenue 2020: $785,667Expenses 2020: $407,208Net Income 2020: $378,4592020Revenue 2021: $631,926Expenses 2021: $404,500Net Income 2021: $227,4262021Revenue 2022: $465,929Expenses 2022: $468,070Net Income 2022: -$2,1412022Revenue 2023: $595,596Expenses 2023: $519,895Net Income 2023: $75,7012023Revenue 2024: $887,242Expenses 2024: $529,166Net Income 2024: $358,0762024

Highlighted filing

2024

Revenue$887,242
Expenses$529,166
Net Income$358,076

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$0.00$4.80$0.89$0.53$0.36
2023Detailed filing. Detailed filing data is available for this year.$4.45$0.03$4.42$0.60$0.52$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.03$4.17$0.47$0.47$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$0.03$4.71$0.63$0.40$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$0.01$4.42$0.79$0.41$0.38
2019Detailed filing. Detailed filing data is available for this year.$3.96$0.01$3.96$0.42$0.39$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.77$0.07$3.69$0.56$0.42$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$0.40$3.74$0.66$0.34$0.32
2016Detailed filing. Detailed filing data is available for this year.$3.23$0.01$3.22$0.89$0.32$0.57
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.01$2.60$0.60$0.32$0.29
2014Detailed filing. Detailed filing data is available for this year.$2.62$0.01$2.61$0.30$0.31$0.00
2013Detailed filing. Detailed filing data is available for this year.$2.59$0.01$2.59$0.81$0.31$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.00$1.92$0.29
2011Summary only. Only limited summary data is available for this year.$1.74$0.01$1.73$0.27$0.28$0.01
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$938,885
Mission and Program Overview

Mission

To operate and maintain a free public library in kennebunkport maine.

Operation of free public library

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,179,604$2,389,673▲ $210,069
Land, Buildings, and Equipment, Net$1,579,453$1,534,707▼ $44,746
Savings and Temporary Cash Investments$400,132$442,512▲ $42,380
Cash and Non-Interest-Bearing Accounts$47,373$86,947▲ $39,574
Accounts Receivable$505$610▲ $105
Total Assets$4,207,067$4,454,449▲ $247,382
Liabilities
Other Liabilities$32,981$29,567▼ $3,414
Total Liabilities$32,981$29,567▼ $3,414
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,174,086$4,424,882▲ $250,796
Total Net Assets Fund Balance$4,174,086$4,424,882▲ $250,796
Total Liabilities and Net Assets / Fund Balance$4,207,067$4,454,449▲ $247,382

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,434,200$688,873$2,123,073
Land$100,000-$100,000
Equipment$0$65,669$65,669
Other Land Buildings$507$10,854$11,361

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,144,162-▲ $296,118$92,574$2,334,937
2022$2,624,017-▼ $376,847$89,713$2,144,162
2021$2,377,130-▲ $343,716$82,911$2,624,017
2020$2,075,794$80,000▲ $353,329$78,917$2,377,130
2019$1,842,995$689▲ $321,998$78,906$2,075,794
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$360,350
Program Service Revenue
$0
Investment Income
$153,122
Other Revenue
$82,124
All Other Contributions
$190,350
Change in Net Assets
$75,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$291,001
Other Expenses$228,894
Total Fundraising Expense$5,982
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$253,630--$253,630
Depreciation Depletion$44,746--$44,746
Occupancy$38,593--$38,593
All Other Expenses$14,764-$5,982$20,746
Payroll Taxes$19,597--$19,597
Other Expenses$19,508--$19,508
Other Employee Benefits$13,668--$13,668
Fees for Service Investment Mgmnt Fees-$12,769-$12,769
Fees for Services Accounting-$10,623-$10,623
Pension Plan Contributions$4,106--$4,106
Office Expenses$1,575--$1,575
Total Functional Expenses$490,521$23,392$5,982$519,895
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$83,731
Fundraising Direct Expenses$9,464
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Author Event$54,374$54,374$9,132$45,242
Book Sales$29,357$29,357$332$29,025
Total Events$83,731$83,731$9,464$74,267
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Unfunded Postemployment Benefit Restated$23,694
Payroll Liabilities$5,873
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

N/a - committees of the organization do not have authority to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

A draft copy of the 990 was reviewed and approved by the board of trustees prior to its filing.

Form 990, Part VI, Section B, Line 15

The compensation of the library director is determined by the personnel committee. The committee reviews comparable salaries and upon thoughtful deliberation determines the director's compensation.

Form 990, Part VI, Section C, Line 19

The library does have a conflict of interest policy. All governing documents and financial statements of the library are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Louis T Graves Memorial Public Library
EIN
01-0262394
Phone
2079672778
Address
18 MAINE STREET PO BOX 391, KENNEBUNKPORT, ME 04046

Signing Officer

Name
William Weidner
Title
Treasurer
Phone
2079672778
Signed
2024-11-01
Discuss with paid preparer
Yes

Organization Details

Formed
1941
Legal Domicile
Me
Voting Board Members
13
Independent Board Members
13
Employees
9
Volunteers
60

Preparer

Firm
Cummings Lamont & Mcnamee Pllc
Address
2 STORER STREET SUITE 305, KENNEBUNK, ME 04043
Preparer
Wanda Ring CPA
Phone
2079853339
Supplemental Narrative

Additional Explanations

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

The organization is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f) for the year ended december 31, 2023.

Financial Statement Notes

PART III, LINE 1A:

Inexhaustible collections and books - because the values of the existing inexhaustible collections, including research books, are not readily determinable, the library has not capitalized them. Accessions and deaccessions during the year were not significant. Books used in the circulating library have not been capitalized because their estimated useful lives are less than one year. The library spent $26,864 in 2023 to acquire new books and periodicals.

PART III, LINE 4:

The louis t. Graves memorial public library seeks to provide for the recreational, informational, cultural, and intellectual needs of the community through a wide variety of resources in multiple formats representing diverse interests and many different viewpoints. Residents of kennebunkport, kennebunk, cape porpoise, wells, or arundel (including general area) are welcome to a free library card. This library card allows patrons to borrow books, magazines, videocassettes and dvds, audiobooks, puzzles, and pamphlets. The library supports the american library association's bill of rights and also endorses the freedom to read statement of the american library association. Additional information may be found in the louis t. Graves memorial public library materials selection policy.

PART V, LINE 4:

The endowment funds are to provide funds as needed for annual budgetary purposes. By board vote in july 2008, no more than 4% of the average of the fund's balance on september 30 of the previous three years may be withdrawn to supplement the annual operating budget.

PART X, LINE 2:

The federal information returns of the library are subject to examination, generally for three years after they were filed.

Raw XML AppendixShowing 400 of 506 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsReceivableGrp/BOYAmt0505
IRS990/AccountsReceivableGrp/EOYAmt0610
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATION OF FREE PUBLIC LIBRARY
IRS990/AllOtherContributionsAmt0190350
IRS990/AllOtherExpensesGrp/FundraisingAmt05982
IRS990/AllOtherExpensesGrp/ProgramServicesAmt014764
IRS990/AllOtherExpensesGrp/TotalAmt020746
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum02079672778
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt018 MAINE STREET PO BOX 391
IRS990/BooksInCareOfDetail/USAddress/CityNm0KENNEBUNKPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004046
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt047373
IRS990/CashNonInterestBearingGrp/EOYAmt086947
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd01
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0360350
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0153122
IRS990/CYOtherExpensesAmt0228894
IRS990/CYOtherRevenueAmt082124
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt075701
IRS990/CYSalariesCompEmpBnftPaidAmt0291001
IRS990/CYTotalExpensesAmt0519895
IRS990/CYTotalFundraisingExpenseAmt05982
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0595596
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt044746
IRS990/DepreciationDepletionGrp/TotalAmt044746
IRS990/Desc0THE LARGEST PROGRAM IS MAINTAINING THE LIBRARY THROUGH PURCHASES OF BOOKS AND LIBRARY MATERIALS, AND TO SUPPORT LIBRARY STAFF AND GENERAL OPERATING EXPENSES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0490521
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010623
IRS990/FeesForServicesAccountingGrp/TotalAmt010623
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt012769
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012769
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt114.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0CONNIE DYKSTRA
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM WEIDNER
IRS990/Form990PartVIISectionAGrp/PersonNm2LANI DIETZ
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN ESSEET
IRS990/Form990PartVIISectionAGrp/PersonNm4DENISE LAFOLLA
IRS990/Form990PartVIISectionAGrp/PersonNm5VICKY LAMARRE
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVEN SESSLER
IRS990/Form990PartVIISectionAGrp/PersonNm7ROSEMARY SHORE
IRS990/Form990PartVIISectionAGrp/PersonNm8SARAH VANDER SCHAAFF
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL DONAGHY
IRS990/Form990PartVIISectionAGrp/PersonNm10CHRISTOPHER WIGLE
IRS990/Form990PartVIISectionAGrp/PersonNm11LELA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm12MARY LOU BOUCOUVALAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12LIBRARY DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt09464
IRS990/FundraisingGrossIncomeAmt083731
IRS990/GainOrLossGrp/SecuritiesAmt087131
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0170000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0420956
IRS990/GrossReceiptsAmt0938885
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt065991
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt065991
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02179604
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02389673
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0765396
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01579453
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01534707
IRS990/LandBldgEquipCostOrOtherBssAmt02300103
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0333825
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0320
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0320
IRS990/MissionDesc0TO OPERATE AND MAINTAIN A FREE PUBLIC LIBRARY IN KENNEBUNKPORT MAINE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04174086
IRS990/NetAssetsOrFundBalancesEOYAmt04424882
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt087131
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt087131
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt074267
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt074267
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0175095
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04174086
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04424882
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt038593
IRS990/OccupancyGrp/TotalAmt038593
IRS990/OfficeExpensesGrp/ProgramServicesAmt01575
IRS990/OfficeExpensesGrp/TotalAmt01575
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013668
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013668
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BOOKS & MAGAZINES
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt031949
IRS990/OtherExpensesGrp/ProgramServicesAmt126864
IRS990/OtherExpensesGrp/ProgramServicesAmt221521
IRS990/OtherExpensesGrp/ProgramServicesAmt319508
IRS990/OtherExpensesGrp/TotalAmt031949
IRS990/OtherExpensesGrp/TotalAmt126864
IRS990/OtherExpensesGrp/TotalAmt221521
IRS990/OtherExpensesGrp/TotalAmt319508
IRS990/OtherLiabilitiesGrp/BOYAmt032981
IRS990/OtherLiabilitiesGrp/EOYAmt029567
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1BOOK FINES
IRS990/OtherRevenueMiscGrp/Desc2PHOTOCOPIER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03909
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12994
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2634
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03909
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12994
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2634
IRS990/OtherRevenueTotalAmt07857
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0253630
IRS990/OtherSalariesAndWagesGrp/TotalAmt0253630
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt019597
IRS990/PayrollTaxesGrp/TotalAmt019597
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04106
IRS990/PensionPlanContributionsGrp/TotalAmt04106
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0266317
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0122612
IRS990/PYOtherExpensesAmt0208966
IRS990/PYOtherRevenueAmt077000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2141
IRS990/PYSalariesCompEmpBnftPaidAmt0259104
IRS990/PYTotalExpensesAmt0468070
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0465929
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt075701
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0400132
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0442512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0360350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0266316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0286709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0533623
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0274092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01721090
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt065991
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt054504
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt049899
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040119
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt045552
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0256065
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0328061
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07857
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06191
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06222
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03495
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09672
IRS990ScheduleA/OtherIncome170Grp/TotalAmt033437
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85600
IRS990ScheduleA/PublicSupportPY170Pct00.86980
IRS990ScheduleA/PublicSupportTotal170Amt01721090
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0360350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0266316
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0286709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0533623
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0274092
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01721090
IRS990ScheduleA/TotalSupportAmt02010592
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01434200
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0688873
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02123073
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt012769
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02144162
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02334937
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0296118
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt092574
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt013295
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02624017
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02144162
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-376847
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt089713
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt013918
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02377130
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02624017
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0343716
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt082911
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt011760
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02075794
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt080000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02377130
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0353329
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt078917
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt010982
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01842995
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0689
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02075794
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0321998
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt078906
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065669
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065669
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0507
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010854
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011361
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET UNFUNDED POSTEMPLOYMENT BENEFIT RESTATED
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INEXHAUSTIBLE COLLECTIONS AND BOOKS - BECAUSE THE VALUES OF THE EXISTING INEXHAUSTIBLE COLLECTIONS, INCLUDING RESEARCH BOOKS, ARE NOT READILY DETERMINABLE, THE LIBRARY HAS NOT CAPITALIZED THEM. ACCESSIONS AND DEACCESSIONS DURING THE YEAR WERE NOT SIGNIFICANT. BOOKS USED IN THE CIRCULATING LIBRARY HAVE NOT BEEN CAPITALIZED BECAUSE THEIR ESTIMATED USEFUL LIVES ARE LESS THAN ONE YEAR. THE LIBRARY SPENT $26,864 IN 2023 TO ACQUIRE NEW BOOKS AND PERIODICALS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE LOUIS T. GRAVES MEMORIAL PUBLIC LIBRARY SEEKS TO PROVIDE FOR THE RECREATIONAL, INFORMATIONAL, CULTURAL, AND INTELLECTUAL NEEDS OF THE COMMUNITY THROUGH A WIDE VARIETY OF RESOURCES IN MULTIPLE FORMATS REPRESENTING DIVERSE INTERESTS AND MANY DIFFERENT VIEWPOINTS. RESIDENTS OF KENNEBUNKPORT, KENNEBUNK, CAPE PORPOISE, WELLS, OR ARUNDEL (INCLUDING GENERAL AREA) ARE WELCOME TO A FREE LIBRARY CARD. THIS LIBRARY CARD ALLOWS PATRONS TO BORROW BOOKS, MAGAZINES, VIDEOCASSETTES AND DVDS, AUDIOBOOKS, PUZZLES, AND PAMPHLETS. THE LIBRARY SUPPORTS THE AMERICAN LIBRARY ASSOCIATION'S BILL OF RIGHTS AND ALSO ENDORSES THE FREEDOM TO READ STATEMENT OF THE AMERICAN LIBRARY ASSOCIATION. ADDITIONAL INFORMATION MAY BE FOUND IN THE LOUIS T. GRAVES MEMORIAL PUBLIC LIBRARY MATERIALS SELECTION POLICY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE ENDOWMENT FUNDS ARE TO PROVIDE FUNDS AS NEEDED FOR ANNUAL BUDGETARY PURPOSES. BY BOARD VOTE IN JULY 2008, NO MORE THAN 4% OF THE AVERAGE OF THE FUND'S BALANCE ON SEPTEMBER 30 OF THE PREVIOUS THREE YEARS MAY BE WITHDRAWN TO SUPPLEMENT THE ANNUAL OPERATING BUDGET.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3THE FEDERAL INFORMATION RETURNS OF THE LIBRARY ARE SUBJECT TO EXAMINATION, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1A:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART V, LINE 4:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.