2012-10-15T08:33:38-05:00 2011-12-31 010372413 CUMMINGS LAMONT & MCNAMEE PA 305 LAFAYETTE CENTER KENNEBUNK ME 04043 990 2011-01-01 010262394 LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY LOUI 2079672778 MAINE STREET KENNEBUNKPORT ME 04046 ANITA CARROLL 2079672778 2012-10-15 1 WANDA RING CPA P00324469 2079853339 2011 2016-02-24 21:20:13Z ANITA CARROLL MAINE STREET KENNEBUNKPORT ME 04046 589021 0 X N/A X 1941 ME OPERATION OF FREE PUBLIC LIBRARY 17 17 14 52 0 0 138219 203019 0 0 10117 30464 32586 40908 180922 274391 0 0 0 0 159402 155530 0 0 2335 116771 127348 276173 282878 -95251 -8487 1788442 1735696 7399 8377 1781043 1727319 TO OPERATE AND MAINTAIN A FREE PUBLIC LIBRARY IN KENNEBUNKPORT MAINE. 0 0 264588 THE LARGEST PROGRAM IS MAINTAINING THE LIBRARY THROUGH PURCHASES OF BOOKS AND LIBRARY MATERIALS, AND TO SUPPORT LIBRARY STAFF AND GENERAL OPERATING EXPENSES. 264588 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 14 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 1 0 X X ANITA CARROLL 2079672778 MAINE STREET KENNEBUNKPORT ME 04046 PETER BRODERICK 4.00 X X 0 0 0 ANNE ADAMS 4.00 X 0 0 0 ML NORTON 4.00 X 0 0 0 BARBARA BARWISE 4.00 X 0 0 0 ANITA CARROLL 4.00 X X 0 0 0 LISA CAPPOLA 4.00 X X 0 0 0 LISA EATON 4.00 X 0 0 0 DEBORAH GELARDI 4.00 X 0 0 0 BEN STEPHENS 4.00 X 0 0 0 ABBY DUBAY-TROIANO 4.00 X X 0 0 0 JOHN WHALEN 4.00 X 0 0 0 JOHN GURSKI 4.00 X 0 0 0 ANDI ROBINSON 4.00 X 0 0 0 CHRISTIAN BARNER 4.00 X 0 0 0 ANTON SCHMIDT 4.00 X 0 0 0 JOHN WHALEN 4.00 X 0 0 0 SUSAN ROUILLARD 4.00 X 0 0 0 MARY-LOU BOUCOUVALAS 40.00 X 46010 0 0 46010 0 0 0 0 0 0 0 105000 98019 203019 29724 29724 305531 304791 740 740 740 45386 9839 35547 35547 BOOK FINES 900099 4082 4082 PHOTOCOPIER INCOME 900099 1279 1279 5361 274391 4822 0 66550 46010 46010 89846 89846 2704 2704 5626 5626 11344 11344 8200 8200 7755 7755 2069 2069 18233 18233 22404 22404 7313 7313 BOOKS & MAGAZINES 30997 30997 SUPPLIES 12908 12908 SERVICES 12823 12823 FUND DRIVE EXPENSE 2335 2335 2311 2311 282878 264588 15955 2335 6673 6374 182857 110502 927587 496314 453677 431273 1145235 1187547 1788442 1735696 7399 8377 7399 8377 X 1730930 1680436 50113 46883 1781043 1727319 1788442 1735696 X -8487 -45237 X 0 0 0 X 171170 203472 92956 138219 203019 808836 171170 203472 92956 138219 203019 808836 42135 766701 101749 32888 36402 29484 -14773 185750 5292 5583 5361 16236 1010822 87281 0.75850 0.59820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 1221499 -15151 45700 7755 1152893 1167483 111601 49845 7740 1221499 1020480 207007 52867 7137 1167483 1414148 -327793 57898 7977 1020480 1.00000 0 0 859382 428109 431273 54959 54959 0 13246 13246 0 431273 SALES TAX PAYABLE 484 PAYROLL LIABILITIES 5943 SPECIAL EVENTS ADVANCE DEPOSIT 1950 8377 274391 282878 -8487 -45237 -45237 -53724 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 2011 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 2011 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. BOOK SALES 19234 19234 26152 26152 45386 45386 45386 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -45,237.