Rockport Library Foundation

Tax-deductible

Rockport, ME501(c)(3)EducationEIN 83-0864371

To raise funds to support the public purpose of construction of the town of rockport public library, a public facility operated by the town of rockport, maine, a state of maine municipal entity/governmental unit which has section 170(c)(1) tax exempt status status under the internal revenue code. After construction of the rockport public library buildings and grounds, the purpose of the rockport library foundation shall be to raise funds for suppor of operations, maintenance of buildings and imporovements and the resources of the library.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $225K a year · 41% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
3
named funders · $23K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$141K
+20% vs prior year
Spent
$47K
To programs
90%
Net assets
$403K
By yearFY2020–FY2025
Revenue
$141K
FY2025▲ +20%
Revenue by fiscal year
FY2020$873K
FY2021$665K
FY2022$126K
FY2023$36K
FY2024$106K
FY2025$117K
FY2025$141K
Expenses
$47K
FY2025▼ -78%
Expenses by fiscal year
FY2020$915K
FY2021$1.2M
FY2022$214K
FY2023Not on file
FY2024Not on file
FY2025Not on file
FY2025$47K
Net assets
$403K
FY2025▲ +31%
Net assets by fiscal year
FY2020$805K
FY2021$261K
FY2022$173K
FY2023$185K
FY2024$244K
FY2025$309K
FY2025$403K

From the FY2025 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $42K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Library Committee Liaison
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rockport Library Foundation executive salaries →

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Programs and updates

Funds public library construction, operations, and improvements.

Provided by the organization

This section is blank until Rockport Library Foundation claims this page.

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3 program services account for $206K of program spending, described in the organization's own filed words · FY2021.
01

The rockport library foundation raises funds for its supported organization, the town of rockport, maine, which are transferred to the supported organization to be used for construction of the town of rockport public library.

$176Kprogram expense
02

In addition to providing funding toward the construction of the new library, the foundation is providing programming for the library and directly paying select operational expenses of the library, at the discretion of the foundation's board.

$28Kprogram expense
03

The foundation has a separate funding campaign to provide the town of rockport public library building with new furniture and furnishings. The foundation designs and purchases new furniture and other furnishings to be used in the library after building construction is completed, or reimburses the library for furniture and furnishing…

$2Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$23K
See all 3 funders →
Grants paid · 3 grants · $2.1M · 2019–2021
Town of Rockport MaineFY2021$174,959
Town of Rockport MaineFY2020$1,123,377
Town of Rockport MaineFY2019$798,997

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$141K
Ln 12
Other incomeLn 4–11$141K
Money outPt IX
$47K
Ln 25
Programscol B$42K
Owns and owesPt X
$403K
net assets · Ln 32
Total assetsLn 16$403K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$141K
Total revenueLn 12$141K
Assets in detailPt X, end of year
Total assetsLn 16$403K
LiabilitiesLn 26$0
Net assetsLn 32$403K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $117K$309K 990 PDF
FY2024 $106K$244K 990 PDF
FY2023 $36K$185K 990 PDF
FY2022 $126K$214K−$88K$173K 990 PDF
FY2021 $665K$1.2M−$544K$261K 990 PDF
FY2020 $873K$915K−$42K$805K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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