JESUP MEMORIAL LIBRARY

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

JOHN BROWN

Phone

2072884245

Tax Period

2023-01-01 to 2023-12-31

JESUP MEMORIAL LIBRARY is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.3M, a strong 63% operating margin.

Mission

PUBLIC LIBRARY

Program Service Accomplishments

Program 1

Expenses: $492,344 Revenue: $404,516

THE JESUP SERVES AS A CONNECTION POINT OF OUR COMMUNITY. THE JESUP HOLDS MORE THAN 39,000 BOOKS IN OUR PERMANENT COLLECTION, 23,000 BOOKS AND AUDIOBOOKS TO DOWNLOAD, 1,000 BOOKS ON CD, AND 1,200...

THE JESUP SERVES AS A CONNECTION POINT OF OUR COMMUNITY. THE JESUP HOLDS MORE THAN 39,000 BOOKS IN OUR PERMANENT COLLECTION, 23,000 BOOKS AND AUDIOBOOKS TO DOWNLOAD, 1,000 BOOKS ON CD, AND 1,200 MOVIES ON DVD. THE COLLECTION INCLUDES BOOKS ON THE HISTORY OF MAINE, MDI, AND OUR LOCAL ACADIA NATIONAL PARK. WE ALSO OFFER LOCAL HISTORY RESOURCES, INCLUDING FREE ACCESS TO DIGITIZED LOCAL NEWSPAPERS DATING FROM 1881 TO 1969. ACCESS TO ANY BOOK IN THE STATE OF MAINE AND BEYOND IS AVAILABLE THROUGH THE INTERLIBRARY LOAN PROGRAM. IN ADDITION,JESUP OFFERS FREE WIFI, 4 PUBLIC-USE COMPUTERS, AND PRINTING/SCANNING. aLSO OFFERED IS FREE ONLINE ACCESS TO CERTAIN RESEARCH AND INFORMATION DATABASES FROM ANY COMPUTER OR INTERNET-ENABLED DEVICE WITHIN THE JESUP. ALSO OFFERED IS INCLUSIVE PROGRAMMING ON A VARIETY OF TOPICS. JESUP HOLDS AUTHOR TALKS ON BOTH FICTION AND NON-FICTION WORKS, BOOK SIGNINGS, CONCERTS, AND A WIDE RANTE OF INFORMATIVE PROGRAMS AND FORMATS. PROGRAMMING IS FREE TO EVERYONE AND OPEN TO ALL, THROUGHOUT THE YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,813,293

Program Service Revenue $1,097

Investment Income $279,036

Other Revenue $1,575

TOTAL REVENUE $2,095,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $529,950

Fundraising Expenses $96,669

Program Expenses $492,344

Other Expenses $249,719

TOTAL EXPENSES $779,669

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,095,001	$6,370,659	-0.7%
Expenses	$779,669	$872,054	-0.1%
Net Income	$1,315,332	$5,498,605	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD BEARD	Chairman	5.00	Officer Director	$0	$0	$0
MOLLIE CASHWELL	Director	2.00	Director	$0	$0	$0
TOM CRIKELAIR	Treasurer	4.00	Officer Director	$0	$0	$0
TRISHA CANTWELL	Secretary	3.00	Officer Director	$0	$0	$0
ELIZABETH CORBUS	Director	2.00	Director	$0	$0	$0
ANNA DURAND	Director	2.00	Director	$0	$0	$0
ANDREW GREENE	Director	2.00	Director	$0	$0	$0
MICHAEL HASTINGS	Director	2.00	Director	$0	$0	$0
VIRGINIA CONNOR	Director	40.00	Director	$0	$0	$0
PETER NICHOLSON	Director	2.00	Director	$0	$0	$0
EDITH SCHRIEVER	Director	2.00	Director	$0	$0	$0
LEWIS REDDING	Director	2.00	Director	$0	$0	$0
SPENSER SIMIS	Director	2.00	Director	$0	$0	$0
GENIE THORNDIKE	VICE CHAIR	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,095,001	$779,669	$15,279,409	$1,315,332
2022	$6,370,659	$872,054	$13,672,763	$5,498,605
2021	$2,324,945	$804,380	$8,465,074	$1,520,565
2020	$3,093,677	$840,022	$6,784,527	$2,253,655
2019	$1,392,239	$858,422	$4,507,930	$533,817
2018	$1,879,765	$879,049	$3,632,950	$1,000,716