Overview

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Est.

1926

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Monhegan Memorial Library is a nonprofit organization based in Monhegan Island, ME, dedicated to providing lending services to all residents of the island. With an operating budget of $49.6K and total revenue of $65.3K for the 2024 filing year, the library is supported by various funders, none of which contribute more than 50% of its revenue. The organization plays a vital role in the community by maintaining access to library services for its residents.

Mission Statement

To maintain a library proving lending services to all residents of Monhegan Island, ME.
Revenues
$65.3K
Expenses
$49.6K
Net Income:
+$15.7K
Assets
$929.1K
Liabilities
$1.2K
Net Assets:
+$927.9K
Operating Budget
$49.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$150
Largest grant received
$150
E
Eileen Cameron
Board Member
D
Don Abbott
Board Member
A
Andrew Dalrymple
Board Member

Frequently Asked Questions

What is Monhegan Memorial Library’s budget?
In 2024, Monhegan Memorial Library reported an annual operating budget of around $50 thousand. More detailed financial information is available to registered users.
What causes does Monhegan Memorial Library support?
Monhegan Memorial Library supports work in Libraries.
Where does Monhegan Memorial Library operate?
Monhegan Memorial Library is headquartered in Monhegan, ME.
Who funded Monhegan Memorial Library recently?
In 2022, Monhegan Memorial Library received grants from TOM AND KATE CHAPPELL FAMILY FOUNDATION, THE PFIZER FOUNDATION INC, and STEPHEN & TABITHA KING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Monhegan Memorial Library received in 2022?
The largest grant to Monhegan Memorial Library in 2022 exceeds <$1,000.