AUBURN PUBLIC LIBRARY

EIN: 016000784 501(c)(3) Education

AUBURN, ME

Total Revenue
$1,655,586
Total Expenses
$1,505,604
Total Assets
$6,240,359
Net Assets
$6,125,227
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1890
Legal Domicile
ME
Principal Officer
MICHAEL S MALLOY
Phone
2077823191
Tax Period
2024-07-01 to 2025-06-30

AUBURN PUBLIC LIBRARY, founded in 1890, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $1.5M left a modest 9% surplus.

Mission

AUBURN PUBLIC LIBRARY BRINGS PEOPLE, RESOURCES AND IDEAS TOGETHER TOENGAGE, ENLIGHTEN AND ENRICH THE COMMUNITY. AUBURN PUBLIC LIBRARY'SGOALS ARE TO HELP CUSTOMERS OF ALL GENERATIONS LEARN, GROW, AND HAVEFUN; PREPARE CHILDREN TO START SCHOOL READY TO LEARN; FOSTER AN ORGANIZATIONAL AND COMMUNITY CULTURE OF INNOVATION; PROMOTE COMMUNITY WORKFORCE AND ECONOMIC DEVELOPMENT; BROADEN AND STRENGTHEN COMMUNITY CONNECTIONS; MAINTAIN FACILITIES, RESOURCES, AND SYSTEMS; AND ENSURESTABLE AND DEPENDABLE FUNDING.

Program Service Accomplishments

Program 1
Expenses: $1,216,569 Revenue: $267,186

THE LIBRARY IS A COMMUNITY INFORMATION RESOURCE CENTER THAT LENDSBOOKS, E-BOOKS, AUDIOBOOKS, AND OTHER MEDIA TO THE GENERAL PUBLIC. THELIBRARY ALSO PROVIDES RESOURCES AND ACTIVITIES FOR A CHILDREN'S...

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THE LIBRARY IS A COMMUNITY INFORMATION RESOURCE CENTER THAT LENDSBOOKS, E-BOOKS, AUDIOBOOKS, AND OTHER MEDIA TO THE GENERAL PUBLIC. THELIBRARY ALSO PROVIDES RESOURCES AND ACTIVITIES FOR A CHILDREN'S CENTER,A TEEN SPACE, SMALL BUSINESS SERVICES, REFERENCE AND RESEARCH SERVICES,AND AS SPACE FOR COMMUNITY EVENTS, LECTURES, BOOK CLUBS, SEMINARS, ANDOTHER PROGRAMS IN ALIGNMENT WITH ITS MISSION. THE MAJOR SOURCES OFREVENUE ARE THROUGH APPROPRIATIONS FROM THE CITY OF AUBURN, INCOME FROMENDOWMENTS, GRANTS, AND INDIVIDUAL AND CORPORATE DONATIONS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,346,224
Program Service Revenue $58,341
Investment Income $246,564
Other Revenue $4,457
TOTAL REVENUE $1,655,586

Expense Breakdown

Grants Paid $0
Salaries & Benefits $994,294
Fundraising Expenses $108,211
Program Expenses $1,216,569
Other Expenses $511,310
TOTAL EXPENSES $1,505,604

Year-over-Year Comparison

2024 2023 Change
Revenue $1,655,586 $1,563,885 +0.1%
Expenses $1,505,604 $1,503,153 +0.0%
Net Income $149,982 $60,732 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
28
Volunteers
49

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
5
$98,549
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON BERGERON TREASURER 1.00
Officer Director
$0 $0 $0
LISA CESARE VICE-PRESIDENT 2.00
Officer Director
$0 $0 $0
JOHN CLEVELAND TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA GAUTIER SECRETARY 5.00
Officer Director
$0 $0 $0
RALPH HARDER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL MALLOY PRESIDENT 2.00
Officer Director
$0 $0 $0
JENNIFER LYNCH TRUSTEE 1.00
Director
$0 $0 $0
NICOLE RANCOURT TRUSTEE 1.00
Director
$0 $0 $0
RICHARD WHITING TRUSTEE 1.00
Director
$0 $0 $0
COURTNEY REED-MARSH TRUSTEE 1.00
Director
$0 $0 $0
DONNA WALLACE LIBRARY DIRECTOR 37.50
Officer
$84,489 $14,060 $98,549
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
2025 $1,655,586 $1,505,604 $6,240,359 $149,982
2024 No data No data No data No data
2023 $1,649,348 $1,412,987 $5,999,106 $236,361
2022 $1,344,748 $1,345,767 $5,713,142 $-1,019
2021 $1,411,644 $1,237,228 $5,986,065 $174,416
2020 $1,100,190 $1,185,603 $5,234,205 $-85,413
2019 $1,220,035 $1,180,059 $5,318,291 $39,976
2018 $1,278,500 $1,313,775 $5,445,909 $-35,275
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