Cutler Memorial Library is located in Plainfield, VT. The organization was established in 1956. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Cutler Memorial Library 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, Cutler Memorial Library generated $179.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.4% each year . All expenses for the organization totaled $166.0k during the year ending 06/2023. While expenses have increased by 39.0% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FREE PUBLIC ACCESS TO MATERIALS, INFORMATION, AND A PHYSICAL SPACE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Genese Grill Secretary | 1 | $0 | |
Jennifer Carlo Trustee | 1 | $0 | |
Grace Worcester Chair | 1 | $0 | |
Mary Trerice Friends Of T | 1 | $0 | |
Erica Dacosta Treasurer | 1 | $0 | |
Alex Yahm-Halberg Student Repr | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,232 |
| Total Program Service Revenue | $13,970 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,202 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,764 |
| Professional fees and other payments to independent contractors | $1,963 |
| Occupancy, rent, utilities, and maintenance | $23,763 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,534 |
| Total expenses | $166,024 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,609 |
| Other assets | $0 |
| Total assets | $492,219 |
| Total liabilities | $2,684 |
| Net assets or fund balances | $489,535 |