2024-02-08T11:01:26-05:00 2023-06-30 SMITH & ASSOCIATES CPAS 500 US ROUTE 1 STE 102 YARMOUTH ME 040966817 990 2022-07-01 010268926 TOPSHAM PUBLIC LIBRARY TOPS 2077251727 25 FORESIDE ROAD TOPSHAM ME 04086 SUSAN PREECE EXEC. DIR. 2077251727 2024-02-03 SUSAN PREECE 999009999 true AMANDA SCHULTZ BROWN CPA P00692494 2078468881 2024-02-08 2022 2023-04-26 12:10:37Z SUSAN PREECE 25 FORESIDE ROAD TOPSHAM ME 04086 903796 false X WWW.TOPSHAMLIBRARY.ORG X 1939 ME PUBLIC LIBRARY 10 10 0 46 0 900884 888061 15766 12952 923 300 1040 916950 902976 0 0 687033 697758 0 48942 213392 225334 900425 923092 16525 -20116 1623953 1641259 23892 37629 1600061 1603630 PUBLIC LIBRARY false false 730135 12952 THE ORGANIZATION IS A PUBLIC LIBRARY FOR THE TOWN OF TOPSHAM, MAINE RESIDENTS (POPULATION APPROXIMATELY 10,000) 730135 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true X 7 0 true 0 false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false ME X SUSAN PREECE 2077257672 25 FORESIDE ROAD TOPSHAM ME 04086 SUSAN PREECE EXEC. DIR. 40.00 X 94357 0 16172 IRENE MARTIN TREASURER 0.50 X 3870 0 0 PHIL DOSTIE SECRETARY 2.10 X X 0 0 0 JIM DOYLE TRUSTEE 0.60 X 0 0 0 KELLEY GLIDDEN VICE PRESIDE 1.40 X X 0 0 0 DIANE HENDER PRESIDENT 1.25 X 0 0 0 HELEN KINCAID TRUSTEE 0.80 X 0 0 0 ANNE MACRI SECRETARY 1.00 X X 0 0 0 DEBORAH O'NEIL PRESIDENT 3.27 X X 0 0 0 HAHNA PATTERSON TRUSTEE 1.00 X 0 0 0 NICK PICARD STUDENT MEMB 0.81 X 0 0 0 BARBARA SWIDERSKI TRUSTEE 2.60 X 0 0 0 PATRICIA VAUGHN TRUSTEE 0.85 X 0 0 0 98227 16172 false false false 761137 126924 3275 888061 FINES & FEES 519100 12952 12952 12952 1743 820 923 923 923 OTHER 900099 1040 1040 1040 902976 13875 1040 108669 27167 54335 27167 464799 408136 56663 15067 13020 978 1069 65899 56948 4276 4675 43324 33449 7696 2179 375 375 12372 12372 12194 10487 1707 17996 13698 3746 552 29309 29309 4275 4275 484 484 14399 14399 7725 4635 3090 BOOKS & VIDEOS 92778 92778 MAINTENANCE AND REPAIRS 18119 18119 MISCELLANEOUS 11593 11593 BOOKS INKIND 3275 3275 440 440 923092 730135 144015 48942 X 264003 218913 8770 18608 2063 419285 227524 160419 191761 1190761 1209914 1623953 1641259 21112 24282 2780 13347 23892 37629 X 408366 393236 1191695 1210394 1600061 1603630 1623953 1641259 X -20116 4532 19153 X false true X true false X 128750 785123 312311 900884 888061 3015129 635362 687455 769094 738102 761137 3591150 41810 41810 41810 49561 71896 246887 805922 1514388 1123215 1688547 1721094 6853166 15504 6837662 38 54 11 103 6853269 69237 0.99770 0.90890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 183075 26965 156110 236210 200559 35651 191761 BENEFICIAL INTEREST IN TRUST 1209914 1209914 CAPITAL LEASE 13347 13347 X 1017675 95546 19153 114699 902976 902976 1018638 95546 95546 923092 923092 SCHEDULE D, PAGE 3, PART X THE LIBRARY ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT IS THE OPINION OF MANAGEMENT THAT THE LIBRARY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 19,153 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PROVIDE APPROXIMATELY 37 HOURS PER WEEK OF SERVICE TO THE TOPSHAM PUBLIC LIBRARY FOR A TOTAL OF 1,932 HOURS. BASED ON THE VALUES FROM THE INDEPENDENT SECTOR, THE TOTAL VALUE FOR THIS SERVICE IS 61,437. (HTTP://WWW.INDEPENDENTSECTOR.ORG/VOLUNTEER_TIME). BOARD MEMBERS PROVIDED AN ADDITIONAL 16 HOURS PER WEEK. THE FRIENDS OF THE TOPSHAM PUBLIC LIBRARY OFFER SUPPORT IN THE FORM OF AN ANNUAL BOOK SALE AND MEMBERSHIPS; THE PROCEEDS OF WHICH ARE USED TO PROVIDE PROGRAMMING FOR THE LIBRARY FOR ALL AGES.THE FRIENDS USUALLY PAY PROGRAM COSTS EITHER DIRECTLY OR REIMBURSE THE LIBRARY FOR PROGRAMS. IN FY 23, THE AMOUNT OF SUPPORT FROM THE FRIENDS CAME TO 11,360. FORM 990, PART V LINE 2A - THE TOWN OF TOPSHAM PREPARES AND FILES ALL NECESSARY EMPLOYEE WAGE REPORTS USING THE TOWN'S EIN. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF TRUSTEES MEETS AND REVIEWS THE AUDITED FINANCIAL STATEMENTS AND FORM 990 BEFORE THE FORM 990 IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C IT IS THE RESPONSIBILITY OF EACH BOARD MEMBER TO DISCLOSE ON A TIMELY BASIS ANY MATTERS WHICH MAY GIVE RISE TO A CONFLICT OF INTERST, OR WHICH MAY OTHERWISE PREVENT THE BOARD MEMBER FROM PERFORMING HIS OR HER DUTIES IN ACCORDANCE WHITH APPLICABLE LAW AND THE CONFLICT OF INTEREST POLICY. ALL CONFLICT OF INTEREST TRANSACTIONS MUST BE APPROVED IN ACCORDANCE WITH THE LIBRARY'S CONFLICT OF INTEREST POLICY. FROM TIME TO TIME, THE BOARD OF DIRECTORS SHALL TAKE REASONABLE STEPS TO ASSURE THAT EVERY DIRECTOR HAS READ, UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY, WHICH MAY INCLUDE THE REQUIREMENT THAT ALL DIRECTORS SIGN A WRITTEN STATEMENT ACKNOWLEDGING AND AGREEING TO THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE LIBRARY'S HUMAN RESOURCE COMMITTEE DOES PERIODIC RESEARCH ON COMPENSATION USING FEDERAL STATISTICAL DATA FOR MAINE LIBRARIES AND MAINE MUNICIPAL ASSOCIATION DOCUMENTATION OF LOCAL COMPENSATION OF LIBRARY DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B THE TREASURER POSITION MAY BE A PAID POSITION IN WHICH CASE THE BOARD SETS THE COMPENSATION. THE TREASURER IS NOT A VOTING MEMBER OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE LIBRARY MAKES AVAILABLE TO THE PUBLIC UPON REQUEST ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 19,153