Bill Memorial Library
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Provides community resources for learning and imagination in a historic setting. For fiscal year 2025 it reported $533K in revenue, $464K in expenses, and $4.8M in net assets.Pt I
Summary of the Filing
Where the work happens
The mission of the bill memorial library is to help enrich the lives of the residents of groton through access to the ideas, information, and entertainment available from books as well as a variety of other resources.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Wendy Connal-Nicolaou’s $71K as Executive Di is at the 63rd percentile of top reported officer pay among 1615 $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.
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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 | 83% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 4% | — | — |
| Revenue growth | 34% | — | — |
| Investment management fee ratio | 1% | — | — |
| Accounting fee ratio | 1% | — | — |
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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