Lubec Memorial Library

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

MissionTHE 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.

EIN
01-0284221
State
ME
Sector
Education
Budget band
<$250K
Latest filing
TY 2021
Records
1 officers · 2 years

Financial snapshot · TY 2021

$58K
Total revenue
$53K
Total expenses
$1.5M
Net assets

Financial health · TY 2024

87
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
242.9 months of expenses
Program efficiency
96
88.3% spent on programs
Revenue diversity
41
Mix of program fees, grants & contributions

Leadership compensation

Nancy Briggs
Key Employee
$29,516
62th percentile vs. peers

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