Wayne Library Association FY2023 filing
Offers library services and cultural activities using facilities, resources, technology, and staff. For fiscal year 2023 it reported $144K in revenue, $124K in expenses, and $1.6M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- Wayne, ME
- Website
- www.cary-memorial.lib.me.us
- Filings
- 5 on file (2020–2023)
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Summary of the Filing
Where the work happens
Maintain adjacent property which provides additional space for fundraising activities as well as space for community use.
Provide cultural activities for both adults and children including speakers, demonstrations, and concerts.
The Friends of the Libary are made up of members of the library. This group fundraises which helps to support the libary's mission by contributing to the purchase of books, magazines, DVDs, audio books kids' programs, summer intern and the library download program.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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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 | 62% | — | — |
| Overhead ratio | 30% | — | — |
| Fundraising cost ratio | 15% | — | — |
| Revenue growth | 14% | — | — |
| Investment management fee ratio | 0.5% | — | — |
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.
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Filings & Schedule Manifest
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