Falmouth Memorial Library Association

Education organization based in Falmouth, ME. 15 employees. Exempt under §501(c)(3).

MissionTo enhance the quality of life of our community by inspiring lifelong learning, providing free and open access to information, and fostering community connections.

EIN
01-6004444
State
ME
Sector
Education
Budget band
$1M–$2.5M
Latest filing
TY 2022
Records
1 officers · 3 years

Financial snapshot · TY 2022

$1.2M
Total revenue
$996K
Total expenses
$4.5M
Net assets

Financial health · TY 2024

71
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
39.6 months of expenses
Program efficiency
71
78.3% spent on programs
Revenue diversity
11
Mix of program fees, grants & contributions

Leadership compensation

$104,185
47th percentile vs. peers

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Falmouth Memorial Library Association Executive Compensation | 990 Data | DoubleNine