Lubec Memorial Library FY2022 filing
Offers books, technology, and programs to encourage learning and community involvement for all ages. For fiscal year 2022 it reported $264K in revenue, $88K in expenses, and $2.1M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Lubec, ME
- Website
- www.lubec.lib.me.us
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Nancy Briggs’s $15K as Key Employee is at the 11th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Nancy Briggs | $14,758 | $14,538 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
The lubec memorial library's primary mission is to provide books, technology and programming which encourage learning, reading and community involvement fot the citizens of all ages in lubec and the surrounding communities.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 94% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 0.3% | — | — |
| Revenue growth | 355% | — | — |
| Investment management fee ratio | 0.2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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