Blue Hill Public Library Inc
- Assets
- $9.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 24
- Location
- Blue Hill, ME
- Founding
- 05/1965
- Data as of
- 12/2022
- EIN
- 01-0212602
Organization Overview
Blue Hill Public Library Inc is located in Blue Hill, ME. The organization was established in 1965. As of 12/2022, Blue Hill Public Library Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Hill Public Library Inc 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, Blue Hill Public Library Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $826.5k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC LIBRARY SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LIBRARY SERVICES FOR THE GENERAL PUBLIC IN THE BLUE HILL AREA AND NEARBY COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Boulet Executive Di | Officer | 40 | $81,401 |
Maria Matthews Fmr Director | Trustee | 5.3 | $0 |
Jessica Booth Secretary | OfficerTrustee | 3.5 | $0 |
Caroline Curtis Director | Trustee | 0.8 | $0 |
John Diamond President | OfficerTrustee | 5 | $0 |
Greg Forrest Director | Trustee | 2.9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,272 |
| Related organizations | $0 |
| Government grants | $101,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $390,539 |
| Noncash contributions included in lines 1a–1f | $7,209 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $502,007 |
| Total Program Service Revenue | $10,663 |
| Investment income | $154,965 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,476 |
| Net Gain/Loss on Asset Sales | $435,789 |
| Net Income from Fundraising Events | $29,476 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,146,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $109,569 |
| Compensation of current officers, directors, key employees. | $43,828 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $307,775 |
| Pension plan accruals and contributions | $5,426 |
| Other employee benefits | $40,857 |
| Payroll taxes | $31,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $172 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,010 |
| Advertising and promotion | $472 |
| Office expenses | $25,176 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,980 |
| 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 | $77,928 |
| Insurance | $6,350 |
| All other expenses | $1,817 |
| Total functional expenses | $826,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,861 |
| Savings and temporary cash investments | $116,218 |
| Pledges and grants receivable | $6,863 |
| 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 | $15,884 |
| Net Land, buildings, and equipment | $2,355,840 |
| Investments—publicly traded securities | $7,028,696 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $105,084 |
| Total assets | $9,744,446 |
| Accounts payable and accrued expenses | $24,754 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $24,754 |
| Net assets without donor restrictions | $9,031,283 |
| Net assets with donor restrictions | $688,409 |
| 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 | $9,744,446 |