Bowdoinham, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BOWDOINHAM PUBLIC LIBRARY, founded in 1910, is a micro nonprofit in the Education sector that reported $100K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $48K, a strong 49% operating margin.
To provide and maintain a public library which provides free services and programming to the residents of Bowdoinham (pop. c. 3000), lends books and other media, offers educational and reading programs for children, youth and people of all ages, provide public computer access and workspace for remote workers.
Library renovations: new carpeting, shelving accomodations to new layout and new entrance door.
Library Operations category consists of additions to our collection and general support to enable delivery of our services. The library's collection consists of books, physical media and electronic...
Library Operations category consists of additions to our collection and general support to enable delivery of our services. The library's collection consists of books, physical media and electronic offerings.
Programming at no cost to the public is an important part of our services and at no cost to the public: reading challenges, two adult book groups, children's summer reading program, weekly storytime...
Programming at no cost to the public is an important part of our services and at no cost to the public: reading challenges, two adult book groups, children's summer reading program, weekly storytime, free passes to state parks, several museums, and local botanical garden, speakers and lectures. The library also has onsite learning opportunities: taxidermy collection, observation beehive, and instruction on accessing ebook and audiobook downloads.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $99,664 | $183,945 | -0.5% |
| Expenses | $51,175 | $75,444 | -0.3% |
| Net Income | $48,489 | $108,501 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Katherine G Cutko | Library Director | 23 |
Director
Key Emp
Highest
|
$27,183 | $27,183 | $54,366 |
| Sherry Ann Carmichael | Treasurer | 4 |
Officer
|
$2,925 | $2,925 | $5,850 |
| Jacqueline Shea | Treasurer | 2 |
Officer
|
$1,050 | $1,050 | $2,100 |
| Laurie Peavey-Ross | Trustee | 0.25 |
|
$0 | $0 | $0 |
| Kasey Ann Hughes | Trustee | 0.25 |
|
$0 | $0 | $0 |
| Hannah Spinrad | Trustee | 0.25 |
|
$0 | $0 | $0 |
| Stephanie C Hanner | President | 0 |
Officer
|
$0 | $0 | $0 |
| Marla R Blake | Vice President | 0.5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $99,664 | $51,175 | $710,149 | $48,489 |
| 2024 | No data | No data | No data | No data |
| 2023 | $93,144 | $64,863 | $638,262 | $28,281 |
| 2022 | $116,740 | $50,788 | $608,420 | $65,952 |
Compare BOWDOINHAM PUBLIC LIBRARY with other nonprofits in Maine and across the country.