Civic Intelligence

Millinocket Memorial Library

EIN 81-4748516 • 501(c)3 • Millinocket, ME

Profile

Millinocket memorial library's mission is to enrich lives, inspire imaginations, and empower community.

5 Maine AvenueMillinocket, ME 04462

millinocketmemoriallibrary.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.13x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

49th percentile

3.5%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

61st percentile

13%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$1,766,944

Up $60,121 (+3.5%) from 2023

Liabilities

Down

$75,158

Down $55,783 (-43%) from 2023

Net Assets

Up

$1,691,786

Up $115,904 (+7.4%) from 2023

Revenue

Up

$589,365

Up $69,629 (+13%) from 2023

Expenses

Up

$476,264

Up $16,295 (+3.5%) from 2023

Net Income

Up

$113,101

Up $53,334 (+89%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $422,623Liabilities 2017: $1,207Net Assets 2017: $421,4162017Assets 2018: $985,070Liabilities 2018: $32,064Net Assets 2018: $953,0062018Assets 2019: $1,288,208Liabilities 2019: $53,122Net Assets 2019: $1,235,0862019Assets 2020: $1,523,619Liabilities 2020: $17,631Net Assets 2020: $1,505,9882020Assets 2021: $1,593,870Liabilities 2021: $36,355Net Assets 2021: $1,557,5152021Assets 2022: $1,737,151Liabilities 2022: $222,798Net Assets 2022: $1,514,3532022Assets 2023: $1,706,823Liabilities 2023: $130,941Net Assets 2023: $1,575,8822023Assets 2024: $1,766,944Liabilities 2024: $75,158Net Assets 2024: $1,691,7862024

Highlighted filing

2024

Assets$1,766,944
Liabilities$75,158
Net Assets$1,691,786

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $518,217Expenses 2017: $96,801Net Income 2017: $421,4162017Revenue 2018: $694,753Expenses 2018: $163,163Net Income 2018: $531,5902018Revenue 2019: $527,908Expenses 2019: $131,295Net Income 2019: $396,6132019Revenue 2020: $510,022Expenses 2020: $239,120Net Income 2020: $270,9022020Revenue 2021: $434,946Expenses 2021: $383,419Net Income 2021: $51,5272021Revenue 2022: $367,742Expenses 2022: $410,904Net Income 2022: -$43,1622022Revenue 2023: $519,736Expenses 2023: $459,969Net Income 2023: $59,7672023Revenue 2024: $589,365Expenses 2024: $476,264Net Income 2024: $113,1012024

Highlighted filing

2024

Revenue$589,365
Expenses$476,264
Net Income$113,101

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 19, 2025
Return Version
2024v5.1
Gross Receipts
$589,365
Mission and Program Overview

Mission

Millinocket memorial library's mission is to enrich lives by building community, inspiring imagination, and empowering individuals through lifelong learning.

Millinocket memorial library's mission is to enrich lives , inspire imaginations, and empower community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,085,005$1,085,005→ $0
Savings and Temporary Cash Investments$492,348$564,190▲ $71,842
Land, Buildings, and Equipment, Net$102,708$88,184▼ $14,524
Investments in Publicly Traded Securities$26,762$29,565▲ $2,803
Total Assets$1,706,823$1,766,944▲ $60,121
Liabilities
Deferred Revenue$123,229$70,418▼ $52,811
Accounts Payable and Accrued Expenses$7,712$4,740▼ $2,972
Total Liabilities$130,941$75,158▼ $55,783
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,346,536$1,541,916▲ $195,380
Net Assets With Donor Restrictions$229,346$149,870▼ $79,476
Total Net Assets Fund Balance$1,575,882$1,691,786▲ $115,904
Total Liabilities and Net Assets / Fund Balance$1,706,823$1,766,944▲ $60,121

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$39,964$39,311$79,275
Buildings$34,695$5,725$40,420
Other Land Buildings$13,525$22,199$35,724
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Diana FurukawaLibrary DirectorFT$66,560$66,560

Board Members and Trustees

NameTitle
Edward GirsaPresident
Jessica MasseVice President
Benjamin BarrDirector
Kyle LeathersDirector
Laura ManzoDirector
Meghan CooperDirector
Mike SmithDirector
Nolan TanousDirector
Robert AdamsDirector
Steve SandersDirector
Veronica TorresDirector
Wally PaulDirector
Wende SairioSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$538,945
Program Service Revenue
$37,551
Investment Income
$12,869
Other Revenue
$0
All Other Contributions
$303,372
Change in Net Assets
$113,101

Audited Revenue Reconciliation

Revenue per Audited Statements
$589,365
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,803
Total Revenue per Audited Statements
$592,168
Total Revenue per Form 990
$589,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$265,063
Other Expenses$182,882
Total Fundraising Expense$44,438
Grants and Similar Amounts Paid$28,319
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,512$23,000$27,522$179,034
Current Officers, Directors, Trustees, and Key Employees$21,299$35,942$9,318$66,559
Occupancy$54,855--$54,855
Grants to Domestic Individuals$28,319--$28,319
Office Expenses$12,933$10,185$2,339$25,457
Payroll Taxes$11,876$4,672$2,922$19,470
Insurance$11,906$4,014-$15,920
Depreciation Depletion$15,612--$15,612
Other Expenses$13,008$176-$13,008
Fees for Services Other-$8,570-$8,570
Information Technology$7,845-$109$7,954
All Other Expenses$2,228$2,773$2,228$7,229
Total Functional Expenses$342,494$89,332$44,438$476,264

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$476,264
Total Expenses per Audited Statements$476,264
Total Expenses per Form 990$476,264
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
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 B, Line 11B

Line 11a explanation - the form 990 was provided to the board of directors for discussion, review and approval before filing.

Form 990, Part VI, Section C, Line 19

Printed copies of governing documents, conflict of interest policy, or financial statements could be picked up at the library.

Filing and Contact Details

Filer

Filer Name
Millinocket Memorial Library
EIN
81-4748516
Phone
2077237020
Address
5 MAINE AVENUE, MILLINOCKET, ME 04462

Signing Officer

Name
Diana Furukawa
Title
Library Director
Phone
2077237020
Signed
2025-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alaina Daisey
Formed
2016
Legal Domicile
Me
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
75

Preparer

Firm
Wipfli Llp
Address
30 LONG CREEK DRIVE, SOUTH PORTLAND, ME 04106-2437
Preparer
Patrick Nicholas CPA
Phone
2077745701
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of beneficial interest 2,803.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of beneficial interest 2,803.

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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt027522
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0128512
IRS990/OtherSalariesAndWagesGrp/TotalAmt0179034
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01085005
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01085005
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02922
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04672
IRS990/PayrollTaxesGrp/ProgramServicesAmt011876
IRS990/PayrollTaxesGrp/TotalAmt019470
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALAINA DAISEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624110
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037551
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037551
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0493554
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt032836
IRS990/PYInvestmentIncomeAmt011807
IRS990/PYOtherExpensesAmt0190560
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014375
IRS990/PYRevenuesLessExpensesAmt059767
IRS990/PYSalariesCompEmpBnftPaidAmt0236573
IRS990/PYTotalExpensesAmt0459969
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0519736
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0113101
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt037551
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0492348
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0564190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0303372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0261860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0210564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0366038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0427542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01569376
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011626
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011717
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011199
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt059218
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt085005
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77970
IRS990ScheduleA/PublicSupportPY170Pct00.79910
IRS990ScheduleA/PublicSupportTotal170Amt01814124
IRS990ScheduleA/SubstantialContributorsTotAmt0453464
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0235573
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0231694
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0121076
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt044685
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt065184
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0698212
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0538945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0493554
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0331640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0410723
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0492726
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02267588
IRS990ScheduleA/TotalSupportAmt02326806
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/BookValueAmt034695
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05725
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt040420
IRS990ScheduleD/EquipmentGrp/BookValueAmt039964
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039311
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt079275
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0476264
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013525
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022199
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035724
IRS990ScheduleD/OtherRevenueAmt02803
IRS990ScheduleD/RevenueNotReportedAmt02803
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0589365
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANGE IN VALUE OF BENEFICIAL INTEREST 2,803.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt088184
IRS990ScheduleD/TotalExpensesPerForm990Amt0476264
IRS990ScheduleD/TotalRevenuePerForm990Amt0589365
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0592168
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0476264
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt028319
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HEATING, FOOD AND OTHER ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0308
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES GRANTS TO INDIVIDUALS BASED ON NEED AND REQUIRES PROOF OF COST.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11A EXPLANATION - THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR DISCUSSION, REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRINTED COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS COULD BE PICKED UP AT THE LIBRARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN VALUE OF BENEFICIAL INTEREST 2,803.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MILLINOCKET PUBLIC LIBRARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MILLINOCKET LIBRARY SUPPORT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0842224617
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT MILLINOCKET PUBLIC LIBRARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05 MAINE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILLINOCKET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd004462

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