Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 01-0262394

LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION

Tax-exempt · KENNEBUNKPORT, ME 04046

Financials

$596K$520K2023$887K$529K2024
Revenue Expenses · by fiscal year end
Financials of LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$887,242$529,166$358,076$4,804,403$2,191$4,802,212
December 31, 2023990$595,596$519,895$75,701$4,454,449$29,567$4,424,882
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$499,587
of which government grants
$185,000
Program service revenue
$0
Investment income
$268,544
Net gain from sales of assets
$188,047
Net income from fundraising events
$85,459
Other revenue
$119,111

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$256,303
Salaries, compensation and benefits (total)
$282,970
Professional fundraising fees
$0
Accounting fees
$11,625
Occupancy
$32,418
Depreciation
$44,332
Program services (functional)
$496,607
Management and general (functional)
$25,330
Fundraising (functional)
$7,229

Balance sheet and other

Total assets, start of year
$4,454,449
Total assets, end of year
$4,804,403
Total liabilities, end of year
$2,191
Net assets, end of year
$4,802,212
Land, buildings and equipment
$1,490,375
Publicly traded securities
$2,739,642
Net assets without donor restrictions
$4,802,212
Gross receipts
$2,061,228
Employees
11
Volunteers
45
Year formed
1941
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARY LOU BOUCOUVALASLIBRARY DIRECTOR
Trustee or director, Officer
40$0
CONNIE DYKSTRAPRESIDENT
Trustee or director, Officer
4$0
WILLIAM WEIDNERTREASURER
Trustee or director, Officer
4$0
LANI DIETZTRUSTEE
Trustee or director
4$0
JOHN ESSERTRUSTEE
Trustee or director
4$0
DENISE IAFOLLATRUSTEE
Trustee or director
4$0
VICKY LAMARRETRUSTEE
Trustee or director
4$0
STEPHEN SESSLERTRUSTEE
Trustee or director
4$0
ROSEMARY SHORETRUSTEE
Trustee or director
4$0
SARAH VANDER SCHAAFFTRUSTEE
Trustee or director
4$0
MICHAEL DONAGHYVICE PRESIDENT
Trustee or director, Officer
4$0
CHRISTOPHER WIGLETRUSTEE
Trustee or director
4$0
LELA WILLIAMSSECRETARY
Trustee or director, Officer
4$0
JANET POWELLCORRESPONDING SECRETARY
Trustee or director, Officer
4$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
CONNIE DYKSTRAPRESIDENT
Trustee or director, Officer
4$0
WILLIAM WEIDNERTREASURER
Trustee or director, Officer
4$0
LANI DIETZTRUSTEE
Trustee or director
4$0
JOHN ESSEETTRUSTEE
Trustee or director
4$0
DENISE LAFOLLATRUSTEE
Trustee or director
4$0
VICKY LAMARRETRUSTEE
Trustee or director
4$0
STEVEN SESSLERTRUSTEE
Trustee or director
4$0
ROSEMARY SHORETRUSTEE
Trustee or director
4$0
SARAH VANDER SCHAAFFTRUSTEE
Trustee or director
4$0
MICHAEL DONAGHYVICE PRESIDENT
Trustee or director, Officer
4$0
CHRISTOPHER WIGLETRUSTEE
Trustee or director
4$0
LELA WILLIAMSSECRETARY
Trustee or director, Officer
4$0
MARY LOU BOUCOUVALASLIBRARY DIRECTOR
Officer
40$0

Address and contacts

Address (IRS master file)
PO BOX 391, KENNEBUNKPORT, ME 04046-0391
Signed the 990
WILLIAM WEIDNER, TREASURER
Phone
(207) 967-2778
Return prepared by
CUMMINGS LAMONT & MCNAMEE PLLC

Mission

TO OPERATE AND MAINTAIN A FREE PUBLIC LIBRARY IN KENNEBUNKPORT MAINE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE LARGEST PROGRAM IS MAINTAINING THE LIBRARY THROUGH PURCHASES OF BOOKS AND LIBRARY MATERIALS, AND TO SUPPORT LIBRARY STAFF AND GENERAL OPERATING EXPENSES.
    Expenses $496,607

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0262394
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B71Z)
Assets (IRS master file)
$4,804,403
Income (IRS master file)
$2,061,228

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$887,242$529,166$4,804,403XML
990December 2023$595,596$519,895$4,454,449XML
990December 2022$465,929$468,070$4,207,067IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0262394).

Questions about LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION

What is the EIN of LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION?
The employer identification number (EIN) of LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION is 01-0262394.
Is LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does LOUIS T GRAVES MEMORIAL PUBLIC LIBRARY ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $887,242, expenses of $529,166 and total assets of $4,804,403 at year end.

Other nonprofits in KENNEBUNKPORT

All nonprofits in KENNEBUNKPORT · Maine · Education