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Filing year 2024

Falmouth Memorial Library Association

Falmouth, Maine·EIN 01-6004444·NTEE B71Z · Education·501(c)(3)
Total revenue
$1.2M
Total assets
$4.6M
Total expenses
$1.2M
Reported officers
12
Mission

To enhance the quality of life of our community by inspiring lifelong learning, providing free and open access to information, and fostering community connections.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Director
Officer (Unspecified)
$118k
$128k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Falmouth Memorial Library Association equaled 10% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
10%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 13%
over 2 years

From $104k in 2022 to $118k in 2024.

$104k
2022
$108k
2023
$118k
2024
In today's dollarsEst.
Up 6% in real terms$120k to $128k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Falmouth Memorial Library Association

What are Falmouth Memorial Library Association's revenue and expenses?

In 2024, Falmouth Memorial Library Association reported $1.2M in total revenue and $1.2M in total expenses on its IRS Form 990.

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