LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION: Form 990, tax year 2012
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- Organization
- LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION (EIN 01-0262394)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-09-15
- IRS object ID
- 201342619349300219
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-09-15T15:33:14-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010372413 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CUMMINGS LAMONT & MCNAMEE PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 LAFAYETTE CENTER | AddressLine1 |
| City | KENNEBUNK | City |
| State | ME | State |
| ZIP Code | 04043 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010262394 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOUI | NameControl |
| Phone | 2079672778 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MAINE STREET | AddressLine1 |
| City | KENNEBUNKPORT | City |
| State | ME | State |
| ZIP Code | 04046 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALAN EDWARDS | Name |
| Title | TREASURER | Title |
| Phone | 2079672778 | Phone |
| Date Signed | 2013-09-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WANDA RING CPA | Name |
| PTIN | P00324469 | PTIN |
| Phone | 2079853339 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ALAN EDWARDS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MAINE STREET | AddressLine1 |
| City | KENNEBUNKPORT | City |
| State | ME | State |
| ZIP Code | 04046 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 759712 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1941 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | OPERATION OF FREE PUBLIC LIBRARY | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 12 | TotalNbrEmployees |
| Total Nbr Volunteers | 53 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 203019 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 322028 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 30464 | InvestmentIncomePriorYear |
| Investment Income Current Year | 66721 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 40908 | OtherRevenuePriorYear |
| Other Revenue Current Year | 56639 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 274391 | TotalRevenuePriorYear |
| Total Revenue Current Year | 445388 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 155530 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 150843 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1110 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 127348 | OtherExpensePriorYear |
| Other Expenses Current Year | 140612 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 282878 | TotalExpensesPriorYear |
| Total Expenses Current Year | 291455 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -8487 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 153933 | RevenuesLessExpensesCY |
| Total Assets BOY | 1735696 | TotalAssetsBOY |
| Total Assets EOY | 1927117 | TotalAssetsEOY |
| Total Liabilities BOY | 8377 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4177 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1727319 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1922940 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO OPERATE AND MAINTAIN A FREE PUBLIC LIBRARY IN KENNEBUNKPORT MAINE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 273775 | Expense |
| Revenue | 3922 | Revenue |
| Description | THE LARGEST PROGRAM IS MAINTAINING THE LIBRARY THROUGH PURCHASES OF BOOKS AND LIBRARY MATERIALS, AND TO SUPPORT LIBRARY STAFF AND GENERAL OPERATING EXPENSES. | Description |
| Total Program Service Expense | 273775 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 12 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAN EDWARDS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2079672778 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MAIN STREET | AddressLine1 |
| City | KENNEBUNKPORT | City |
| State | ME | State |
| ZIP Code | 04046 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MARY-LOU BOUCOUVALAS | ||||||
| LIBRARY DIRECTOR | 40.00 | X | X | 46894 | 0 | 1407 |
| ANNE DOLAN ADAMS | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| ML NORTON | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| BARBARA BARWISE | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| ALAN EDWARDS | ||||||
| TREASURER | 4.00 | X | X | 0 | 0 | 0 |
| DEBORAH GELARDI | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| ABBY DUBAY-TROIANO | ||||||
| PRESIDENT | 4.00 | X | X | 0 | 0 | 0 |
| JOHN GURSKI | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| ANDI ROBINSON | ||||||
| SECRETARY | 4.00 | X | X | 0 | 0 | 0 |
| CHRISTIAN BARNER | ||||||
| VICE PRESIDENT | 4.00 | X | X | 0 | 0 | 0 |
| ANTON SCHMIDT | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| JOHN WHALEN | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| SUSAN ROUILLARD | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| TIM DIETZ | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| D MICHAEL WESTON | ||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |
| BETSEY MAHONEY | ||||||
| CORRESPONDING SECRETARY | 4.00 | X | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 46894 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1407 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 108000 | GovernmentGrants |
| All Other Contributions | 214028 | AllOtherContributions |
| Total Contributions | 322028 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28236 | TotalRevenueColumn |
| Exclusion | $28,236 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 345786 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 307301 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 38485 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38485 | TotalRevenueColumn |
| Exclusion | $38,485 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 58514 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 7023 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 51491 | TotalRevenueColumn |
| Exclusion | $51,491 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| BOOK FINES | 900099 | 3922 | 3922 | |
| PHOTOCOPIER INCOME | 900099 | 1226 | $1,226 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5148 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 445388 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3922 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $119,438 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46894 | Total |
| Program Services | 46894 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83412 | Total |
| Program Services | 83412 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2298 | Total |
| Program Services | 2298 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7295 | Total |
| Program Services | 7295 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10944 | Total |
| Program Services | 10944 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8655 | Total |
| Management And General | 8655 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7915 | Total |
| Management And General | 7915 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2013 | Total |
| Program Services | 2013 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24406 | Total |
| Program Services | 24406 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22404 | Total |
| Program Services | 22404 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| BOOKS & MAGAZINES | 34070 | 34070 |
| SERVICES | 15530 | 15530 |
| SUPPLIES | 14411 | 14411 |
| INSURANCE | 7827 | 7827 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3381 | Total |
| Program Services | 2271 | ProgramServices |
| Fundraising | 1110 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 291455 | Total |
| Program Services | 273775 | ProgramServices |
| Management And General | 16570 | ManagementAndGeneral |
| Fundraising | 1110 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6374 | BOY |
| EOY | 113117 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110502 | BOY |
| EOY | 229201 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 927587 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 518718 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 431273 | BOY |
| EOY | 408869 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1187547 | BOY |
| EOY | 1175930 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1735696 | BOY |
| EOY | 1927117 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8377 | BOY |
| EOY | 4177 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8377 | BOY |
| EOY | 4177 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1680436 | BOY |
| EOY | 1884755 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46883 | BOY |
| EOY | 38185 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1727319 | BOY |
| EOY | 1922940 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1735696 | BOY |
| EOY | 1927117 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 153933 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 41688 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
Accountant Compile Or Review Basis AccountantCompileOrReviewBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 203472 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 92956 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 138219 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 203019 | CurrentTaxYearMinus1Year |
| Current Tax Year | 322028 | CurrentTaxYear |
| Total | 959694 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 203472 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 92956 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 138219 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 203019 | CurrentTaxYearMinus1Year |
| Current Tax Year | 322028 | CurrentTaxYear |
| Total | 959694 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 40485 | AmountsSubstContributorsTotal |
| Public Support Total170 | 919209 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 32888 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 36402 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 29484 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -14773 | CurrentTaxYearMinus1Year |
| Current Tax Year | 28236 | CurrentTaxYear |
| Total | 112237 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 5292 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5583 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5361 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5148 | CurrentTaxYear |
| Total | 21384 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1093315 | TotalSupport |
| Gross Receipts From Admissions Etc | 135505 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.84080 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.75850 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1152893 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 106872 | InvestmentEarningsOrLosses |
| Other Expenditures | 44449 | OtherExpenditures |
| Administrative Expenses | 7923 | AdministrativeExpenses |
| End Of Year Balance | 1207393 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1221499 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -15151 | InvestmentEarningsOrLosses |
| Other Expenditures | 45700 | OtherExpenditures |
| Administrative Expenses | 7755 | AdministrativeExpenses |
| End Of Year Balance | 1152893 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1167483 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 111601 | InvestmentEarningsOrLosses |
| Other Expenditures | 49845 | OtherExpenditures |
| Administrative Expenses | 7740 | AdministrativeExpenses |
| End Of Year Balance | 1221499 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1020480 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 207007 | InvestmentEarningsOrLosses |
| Other Expenditures | 52867 | OtherExpenditures |
| Administrative Expenses | 7137 | AdministrativeExpenses |
| End Of Year Balance | 1167483 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1414148 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -327793 | InvestmentEarningsOrLosses |
| Other Expenditures | 57898 | OtherExpenditures |
| Administrative Expenses | 7977 | AdministrativeExpenses |
| End Of Year Balance | 1020480 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 859382 | OtherCostOrOtherBasis |
| Depreciation | 450513 | Depreciation |
| Book Value | 408869 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 54959 | OtherCostOrOtherBasis |
| Depreciation | 54959 | Depreciation |
| Book Value | 0 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13246 | OtherCostOrOtherBasis |
| Depreciation | 13246 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 408869 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SALES TAX PAYABLE | $507 |
| PAYROLL LIABILITIES | $3,670 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4177 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 2012 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 $30,757 IN 2012 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. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X, LINE 2: | THE FEDERAL INFORMATION RETURNS OF THE LIBRARY ARE SUBJECT TO EXAMINATION, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE LIBRARY DOES NOT BELIEVE THAT THERE ARE ANY UNCERTAIN TAX POSITIONS TAKEN IN PREPARATION OF THE INFORMATION RETURNS THAT WOULD IMPACT THESE FINANCIAL STATEMENTS. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BOOK SALES | NameOfEvent1 |
| Gross Receipts Event1 | 20470 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 20470 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 2939 | OtherDirectExpensesEvent1 |
| Gross Receipts Other Events | 38044 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 38044 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 4084 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 58514 | GrossReceiptsTotal |
| Gross Revenue Total Events | 58514 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 7023 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 7023 | DirectExpenseSummaryEvents |
| Net Income Summary | 51491 | NetIncomeSummary |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | N/A - COMMITTEES OF THE ORGANIZATION DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11 | A 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 15 | THE 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 19 | THE 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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