Brunswick Public Library Association
Brunswick Public Library Association shows strong financial growth and efficient operations with no reported officer compensation.
EIN: 16000787 · Brunswick, ME · NTEE: B71Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| Net Assets | $5.8M |
| Transparency Score | 92/100 |
Is Brunswick Public Library Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brunswick Public Library Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brunswick Public Library Association
Brunswick Public Library Association (EIN: 16000787) is a nonprofit organization based in Brunswick, ME, classified under NTEE code B71Z. The organization reported total revenue of $3.5M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brunswick Public Library Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brunswick Public Library Association is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $6.1M |
| Total Liabilities | $256K |
| Net Assets | $5.8M |
| Operating Margin | 31.5% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 32.7 months |
Financial Health Grade: A
In 2023, Brunswick Public Library Association reported a surplus of $1.0M with revenue exceeding expenses, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brunswick Public Library Association's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.1% | +11.0% | +33.3% |
| 2022 | +6.3% | +9.5% | -1.8% |
| 2021 | +15.6% | -6.5% | +26.6% |
| 2020 | +0.5% | +0.0% | +13.6% |
| 2019 | +1.5% | +3.3% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brunswick Public Library Association with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Brunswick Public Library Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Brunswick Public Library Association:
- Strong and consistent revenue growth, increasing from $1.7M in 2014 to $3.2M in 2023.
- Significant asset accumulation, growing from $2.1M in 2014 to $6.1M in 2023, indicating financial stability.
- Consistent operating surpluses, with revenue exceeding expenses in all reported years (e.g., $3.2M revenue vs. $2.2M expenses in 2023).
- 0% reported officer compensation across all filings, demonstrating efficient use of funds and potential volunteer leadership.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $256,396 liabilities vs. $6,096,894 assets in 2023).
Frequently Asked Questions about Brunswick Public Library Association
Is Brunswick Public Library Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Brunswick Public Library Association (EIN: 16000787) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Brunswick Public Library Association spend its money?
Brunswick Public Library Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brunswick Public Library Association tax-deductible?
Brunswick Public Library Association is registered as a tax-exempt nonprofit (EIN: 16000787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brunswick Public Library Association's spending goes to programs?
Brunswick Public Library Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brunswick Public Library Association compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Brunswick Public Library Association is above average for NTEE category B71Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brunswick Public Library Association located?
Brunswick Public Library Association is headquartered in Brunswick, Maine and files with the IRS under EIN 16000787. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Brunswick Public Library Association have?
Brunswick Public Library Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.5M in total revenue.
Is the Brunswick Public Library Association a good charity?
Based on its financial data, the Brunswick Public Library Association appears to be a very good charity. It demonstrates strong financial health, consistent growth in revenue and assets, and efficient spending with no reported officer compensation, suggesting a high percentage of funds go directly to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $1,697,260 in 2014 to $3,265,738 in 2023, and assets have more than doubled from $2,146,281 to $6,096,894 in the same period, indicating robust and sustained growth.
What is the organization's approach to executive compensation?
The Brunswick Public Library Association reports 0% officer compensation in all available IRS 990 filings, suggesting a commitment to directing resources towards its programs rather than high executive salaries.
Filing History
IRS 990 filing history for Brunswick Public Library Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brunswick Public Library Association's revenue has grown by 130.1%, moving from $1.4M to $3.3M. Total assets increased by 273.7% over the same period, from $1.6M to $6.1M. Total functional expenses rose by 57.7%, from $1.4M to $2.2M. In its most recent filing year (2023), Brunswick Public Library Association reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $256K in liabilities against $6.1M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.2M | $6.1M | $256K | — | View 990 |
| 2022 | $2.6M | $2.0M | $4.6M | $156K | — | View 990 |
| 2021 | $2.4M | $1.8M | $4.7M | $132K | — | View 990 |
| 2020 | $2.1M | $2.0M | $3.7M | $455K | — | View 990 |
| 2019 | $2.1M | $2.0M | $3.2M | $140K | — | View 990 |
| 2018 | $2.1M | $1.9M | $3.0M | $137K | — | View 990 |
| 2017 | $1.9M | $1.9M | $2.8M | $144K | — | View 990 |
| 2016 | $2.0M | $1.9M | $2.6M | $131K | — | View 990 |
| 2015 | $2.0M | $1.7M | $2.4M | $127K | — | View 990 |
| 2014 | $1.7M | $1.6M | $2.1M | $130K | — | View 990 |
| 2013 | $1.6M | $1.6M | $1.9M | $144K | — | View 990 |
| 2012 | $1.5M | $1.5M | $1.6M | $60K | — | View 990 |
| 2011 | $1.4M | $1.4M | $1.6M | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $2.2M, and assets of $6.1M (revenue +27.1% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.0M, and assets of $4.6M (revenue +6.3% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.8M, and assets of $4.7M (revenue +15.6% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.0M, and assets of $3.7M (revenue +0.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $3.2M (revenue +1.5% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $3.0M (revenue +7.8% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $2.8M (revenue -5.8% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $2.6M (revenue +1.0% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.7M, and assets of $2.4M (revenue +17.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $2.1M (revenue +6.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue +5.5% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $1.6M (revenue +6.9% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brunswick Public Library Association:
Data Sources and Methodology
This transparency report for Brunswick Public Library Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.