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Filing year 2024

Falmouth Memorial Library Association

Falmouth, Maine·EIN 01-6004444·NTEE B71Z · Education·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 · 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

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.
Financial trend

Revenue and expenses over time

Falmouth Memorial Library Association reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.2M
$996k
2022
$1.2M
$1.1M
2023
$1.2M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Maine

Comparable education organizations in Maine pay their highest-earning executive a median of $80,951.

25th percentile
$39k
Median
$80,951
75th percentile
$149k
90th percentile
$374k

These are education sector-wide figures, not this organization's reported pay. Based on 67 organizations across 67 filings (2022 – 2023).

See full Education pay data for Maine
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Falmouth Memorial Library Association | Executive Pay $118k | Lucido