Bakerville Library Association Inc is located in Bakerville, CT. The organization was established in 1993. 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. Bakerville Library Association 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 06/2024, Bakerville Library Association Inc generated $155.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $121.3k during the year ending 06/2024. While expenses have increased by 5.9% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PUBLIC LIBRARY WHOSE PURPOSE IS LENDING OF BOOKS FREE OF CHARGE FOR READING STUDY REFERENCE AND ENJOYMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jared W Carroll Director | 1 | $0 | |
Tina C Demo Director | 1 | $0 | |
Maureen Dunford Director | 1 | $0 | |
Mary Lou Rayno Director | 1 | $0 | |
Katherine L Kinane Secretary Director | 6 | $0 | |
Lourena Helt Treasurer Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $124,824 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $77 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $30,909 |
Total Revenue | $155,810 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $46,061 |
Professional fees and other payments to independent contractors | $1,176 |
Occupancy, rent, utilities, and maintenance | $8,139 |
Printing, publications, postage, and shipping | $367 |
Other expenses | $65,531 |
Total expenses | $121,274 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $151,470 |
Other assets | $0 |
Total assets | $490,101 |
Total liabilities | $16,609 |
Net assets or fund balances | $473,492 |