BETA

LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION (EIN 01-0262394)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-07-15
IRS object ID
201531969349301413
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-07-15T13:44:34-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010372413PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CUMMINGS LAMONT & MCNAMEE PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1305 LAFAYETTE CENTERAddressLine1Txt
CityKENNEBUNKCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04043ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010262394EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUIS T GRAVES MEMORIAL PUBLIC LIBRARYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLOUIBusinessNameControlTxt
Phone2079672778PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1MAINE STREET P O BOX 391AddressLine1Txt
CityKENNEBUNKPORTCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04046ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALAN EDWARDSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2079672778PhoneNum
Signature2015-07-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWANDA RING CPAPreparerPersonNm
PTINP00324469PTIN
Phone2079853339PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALAN EDWARDSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1MAINE STREET P O BOX 391AddressLine1Txt
CityKENNEBUNKPORTCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04046ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$757,687GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GRAVESLIBRARY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1941FormationYr
Legal Domicile StateMELegalDomicileStateCd
Activity Or MissionOPERATION OF FREE PUBLIC LIBRARYActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers55TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$695,373PYContributionsGrantsAmt
CY Contributions Grants$175,726CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$78,349PYInvestmentIncomeAmt
CY Investment Income$81,964CYInvestmentIncomeAmt
PY Other Revenue$35,076PYOtherRevenueAmt
CY Other Revenue$43,892CYOtherRevenueAmt
PY Total Revenue$808,798PYTotalRevenueAmt
CY Total Revenue$301,582CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$171,623PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$166,053CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,851CYTotalFundraisingExpenseAmt
PY Other Expenses$133,717PYOtherExpensesAmt
CY Other Expenses$140,196CYOtherExpensesAmt
PY Total Expenses$305,340PYTotalExpensesAmt
CY Total Expenses$306,249CYTotalExpensesAmt
PY Revenues Less Expenses$503,458PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,667CYRevenuesLessExpensesAmt
Total Assets BOY$2,591,910TotalAssetsBOYAmt
Total Assets EOY$2,615,388TotalAssetsEOYAmt
Total Liabilities BOY$6,050TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,113TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,585,860NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,610,275NetAssetsOrFundBalancesEOYAmt
MissionTO OPERATE AND MAINTAIN A FREE PUBLIC LIBRARY IN KENNEBUNKPORT MAINE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$283,099ExpenseAmt
Revenue$5,430RevenueAmt
DescTHE LARGEST PROGRAM IS MAINTAINING THE LIBRARY THROUGH PURCHASES OF BOOKS AND LIBRARY MATERIALS, AND TO SUPPORT LIBRARY STAFF AND GENERAL OPERATING EXPENSES.Desc
Total Program Service Expenses$283,099TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALAN EDWARDSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2079672778PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1MAIN STREETAddressLine1Txt
CityKENNEBUNKPORTCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04046ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ANNE DOLAN ADAMS
TRUSTEE4.00Yes (X)$0$0$0
ML NORTON
TRUSTEE4.00Yes (X)$0$0$0
GEORGE EMERY
TRUSTEE4.00Yes (X)$0$0$0
ALAN EDWARDS
TREASURER4.00Yes (X)$0$0$0Yes (X)
DEBORAH GELARDI
TRUSTEE4.00Yes (X)$0$0$0
CASSANDRA LANGDON
TRUSTEE4.00Yes (X)$0$0$0
JOHN GURSKI
TRUSTEE4.00Yes (X)$0$0$0
ANDI ROBINSON
SECRETARY4.00Yes (X)$0$0$0Yes (X)
CHRISTIAN BARNER
PRESIDENT4.00Yes (X)$0$0$0Yes (X)
RAYMOND FAHEY
TRUSTEE4.00Yes (X)$0$0$0
SUSAN ROUILLARD
TRUSTEE4.00Yes (X)$0$0$0
TIM DIETZ
TRUSTEE4.00Yes (X)$0$0$0
D MICHAEL WESTON
VICE PRESIDENT4.00Yes (X)$0$0$0Yes (X)
MARY-LOU BOUCOUVALAS
LIBRARY DIRECTOR40.00$52,973$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$52,973TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$114,755GovernmentGrantsAmt
All Other Contributions$60,971AllOtherContributionsAmt
Total Contributions$175,726TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,423TotalRevenueColumnAmt
Exclusion$39,423ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$464,239SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$421,698SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$42,541SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,541TotalRevenueColumnAmt
Exclusion$42,541ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$71,685FundraisingGrossIncomeAmt
Fundraising Direct Expenses$34,407FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,278TotalRevenueColumnAmt
Exclusion$37,278ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
BOOK FINES900099$4,570$4,570
PHOTOCOPIER INCOME900099$1,184$1,184
TEMPORARY CARDS900099$860$860
FieldValueIRS element (for citing)
Other Revenue Total$6,614OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$301,582TotalRevenueColumnAmt
Related Or Exempt Func Income$5,430RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$120,426ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$146,588TotalAmt
Program Services$146,588ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,728TotalAmt
Program Services$1,728ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,856TotalAmt
Program Services$5,856ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,881TotalAmt
Program Services$11,881ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,640TotalAmt
Management And General$4,640ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,575TotalAmt
Management And General$3,575ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$12,084TotalAmt
Management And General$12,084ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,907TotalAmt
Program Services$2,907ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$21,632TotalAmt
Program Services$21,632ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$23,473TotalAmt
Program Services$23,473ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BOOKS & MAGAZINES$21,829$21,829
SERVICES$18,348$18,348
SUPPLIES$15,508$15,508
INSURANCE$7,227$7,227

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,973TotalAmt
Program Services$6,122ProgramServicesAmt
Fundraising$2,851FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$306,249TotalAmt
Program Services$283,099ProgramServicesAmt
Management And General$20,299ManagementAndGeneralAmt
Fundraising$2,851FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,998BOYAmt
EOY$17,272EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$319,507BOYAmt
EOY$408,912EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$964,883LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$564,647LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$402,657BOYAmt
EOY$400,236EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,861,748BOYAmt
EOY$1,788,968EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,591,910BOYAmt
EOY$2,615,388EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,050BOYAmt
EOY$5,113EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,050BOYAmt
EOY$5,113EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,585,860BOYAmt
EOY$2,610,275EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,585,860BOYAmt
EOY$2,610,275EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,591,910BOYAmt
EOY$2,615,388EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$4,667ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$29,082NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$138,219CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$203,019CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$322,028CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$695,372CurrentTaxYearMinus1YearAmt
Current Tax Year$175,726CurrentTaxYearAmt
Total$1,534,364TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$138,219CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$203,019CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$322,028CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$695,372CurrentTaxYearMinus1YearAmt
Current Tax Year$175,726CurrentTaxYearAmt
Total$1,534,364TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$524,786SubstantialContributorsTotAmt
Public Support Total170$1,009,578PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,484CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years-$14,773CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,236CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,100CurrentTaxYearMinus1YearAmt
Current Tax Year$39,423CurrentTaxYearAmt
Total$114,470TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,583CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,361CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,148CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,592CurrentTaxYearMinus1YearAmt
Current Tax Year$6,614CurrentTaxYearAmt
Total$28,298TotalAmt
FieldValueIRS element (for citing)
Total Support$1,677,132TotalSupportAmt
Gross Receipts Rltd Activities$254,041GrossReceiptsRltdActivitiesAmt
Public Support CY1700.60200PublicSupportCY170Pct
Public Support PY1700.58070PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,986,391BeginningYearBalanceAmt
Investment Earnings Or Losses$107,363InvestmentEarningsOrLossesAmt
Other Expenditures$54,219OtherExpendituresAmt
Administrative Expenses$12,084AdministrativeExpensesAmt
End Year Balance$2,027,451EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,207,393BeginningYearBalanceAmt
Contributions$600,948ContributionsAmt
Investment Earnings Or Losses$234,679InvestmentEarningsOrLossesAmt
Other Expenditures$45,410OtherExpendituresAmt
Administrative Expenses$11,219AdministrativeExpensesAmt
End Year Balance$1,986,391EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,152,893BeginningYearBalanceAmt
Investment Earnings Or Losses$106,872InvestmentEarningsOrLossesAmt
Other Expenditures$44,449OtherExpendituresAmt
Administrative Expenses$7,923AdministrativeExpensesAmt
End Year Balance$1,207,393EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,221,499BeginningYearBalanceAmt
Investment Earnings Or Losses-$15,151InvestmentEarningsOrLossesAmt
Other Expenditures$45,700OtherExpendituresAmt
Administrative Expenses$7,755AdministrativeExpensesAmt
End Year Balance$1,152,893EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,167,483BeginningYearBalanceAmt
Investment Earnings Or Losses$111,601InvestmentEarningsOrLossesAmt
Other Expenditures$49,845OtherExpendituresAmt
Administrative Expenses$7,740AdministrativeExpensesAmt
End Year Balance$1,221,499EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$892,139OtherCostOrOtherBasisAmt
Depreciation$495,878DepreciationAmt
Book Value$396,261BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$59,498OtherCostOrOtherBasisAmt
Depreciation$55,523DepreciationAmt
Book Value$3,975BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,246OtherCostOrOtherBasisAmt
Depreciation$13,246DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$400,236TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescPAYROLL LIABILITIESDesc
Amt$5,113Amt
FieldValueIRS element (for citing)
Total Liability$5,113TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:INEXHAUSTIBLE COLLECTIONS AND BOOKS - BECAUSE THE VALUES OF THE EXISTING INEXHAUSTIBLE COLLECTIONS, INCLUDING RESEARCH BOOKS, ARE NOT READILY DETERMINABLE, THE LIBRARY HAS NOT CAPITALIZED THEM. ACCESSIONS AND DEACCESSIONS DURING THE YEAR 2013 WERE NOT SIGNIFICANT. BOOKS USED IN THE CIRCULATING LIBRARY HAVE NOT BEEN CAPITALIZED BECAUSE THEIR ESTIMATED USEFUL LIVES ARE LESS THAN ONE YEAR. THE LIBRARY SPENT $29,229 IN 2013 TO ACQUIRE NEW BOOKS AND PERIODICALS.
PART III, LINE 4:THE LOUIS T. GRAVES MEMORIAL PUBLIC LIBRARY SEEKS TO PROVIDE FOR THE RECREATIONAL, INFORMATIONAL, CULTURAL, AND INTELLECTUAL NEEDS OF THE COMMUNITY THROUGH A WIDE VARIETY OF RESOURCES IN MULTIPLE FORMATS REPRESENTING DIVERSE INTERESTS AND MANY DIFFERENT VIEWPOINTS. RESIDENTS OF KENNEBUNKPORT, KENNEBUNK, CAPE PORPOISE, WELLS, OR ARUNDEL (INCLUDING GENERAL AREA) ARE WELCOME TO A FREE LIBRARY CARD. THIS LIBRARY CARD ALLOWS PATRONS TO BORROW BOOKS, MAGAZINES, VIDEOCASSETTES AND DVDS, AUDIOBOOKS, PUZZLES, AND PAMPHLETS. THE LIBRARY SUPPORTS THE AMERICAN LIBRARY ASSOCIATION'S BILL OF RIGHTS AND ALSO ENDORSES THE FREEDOM TO READ STATEMENT OF THE AMERICAN LIBRARY ASSOCIATION. ADDITIONAL INFORMATION MAY BE FOUND IN THE LOUIS T. GRAVES MEMORIAL PUBLIC LIBRARY MATERIALS SELECTION POLICY.
PART V, LINE 4:THE ENDOWMENT FUNDS ARE TO PROVIDE FUNDS AS NEEDED FOR ANNUAL BUDGETARY PURPOSES. BY BOARD VOTE IN JULY 2008, NO MORE THAN 4% OF THE AVERAGE OF THE FUND'S BALANCE ON SEPTEMBER 30 OF THE PREVIOUS THREE YEARS MAY BE WITHDRAWN TO SUPPLEMENT THE ANNUAL OPERATING BUDGET.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BOOK SALESEvent1Nm
Gross Receipts Event1$51,049GrossReceiptsEvent1Amt
Gross Revenue Event1$51,049GrossRevenueEvent1Amt
Other Direct Expenses Event1$32,624OtherDirectExpensesEvent1Amt
Gross Receipts Other Events$20,636GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$20,636GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$1,783OthDirectExpnssOtherEventsAmt
Gross Receipts Total$71,685GrossReceiptsTotalAmt
Gross Revenue Total Events$71,685GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$34,407OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$34,407DirectExpenseSummaryEventsAmt
Net Income Summary$37,278NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BN/A - COMMITTEES OF THE ORGANIZATION DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11A DRAFT COPY OF THE 990 WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES PRIOR TO ITS FILING
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF THE LIBRARY DIRECTOR IS DETERMINED BY THE PERSONNEL COMMITTEE. THE COMMITTEE REVIEWS COMPARIABLE SALARIES AND UPON THOUGHTFUL DELIBERATION DETERMINES THE DIRECTOR'S COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19THE LIBRARY DOES NOT HAVE A CONFLICT OF INTEREST POLICY. ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS OF THE LIBRARY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

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