Gorham Free Library
- Assets
- $376.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gorham, NY
- Founding
- 01/1996
- Data as of
- 12/2023
- EIN
- 16-0952161
Organization Overview
Gorham Free Library is located in Gorham, NY. The organization was established in 1996. 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. Gorham Free 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 12/2023, Gorham Free Library generated $148.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $132.9k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Oswald President | 1 | $0 | |
John Frank Vice President | 1 | $0 | |
Bonita Hampton Treasuer | 0.5 | $0 | |
Pam Doore Trustee | 0.25 | $0 | |
Annie Myers Secretary | 0.25 | $0 | |
Timothy Santiago Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,944 |
| Total Program Service Revenue | $1,043 |
| Membership dues | $0 |
| Investment income | $1,051 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $997 |
| Other Revenue | $0 |
| Total Revenue | $148,035 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,216 |
| Professional fees and other payments to independent contractors | $476 |
| Occupancy, rent, utilities, and maintenance | $12,047 |
| Printing, publications, postage, and shipping | $185 |
| Other expenses | $28,948 |
| Total expenses | $132,872 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $314,343 |
| Other assets | $0 |
| Total assets | $376,161 |
| Total liabilities | $0 |
| Net assets or fund balances | $376,161 |