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Maine · Nonprofit

CORNISH LIBRARY ASSOCIATION

CORNISH LIBRARY ASSOCIATION (Maine) receives grants from 5 organizations whose IRS filings report $127,686 to it, the largest being THE NEXT GENERATION FOUNDATION ($85,000). 1 of them have funded it in more than one year.

Revenue FY2025
$110k
Funders on record
5
Grants received
$128k
Net assets
$1.8M
1/5 repeat fundersgrants exceed reported revenue in one year
01What it does

What Cornish Library Association does

Mission

The Bonney Memorial Library endeavors to provide quality collections, resources, and services to meet and support the educational, informational, and recreational interests of all members of the community. Its doors are open to all who care to read and learn - providing materials, services, and programs to develop a diffusion of knowledge, promote responsible judgment, instill a tolerance for the rights and opinions of others, and develop charity and nobility of character.

As stated on its FY2025 Form 990.

Programs

  1. During this year we had 5,778 patrons enter the library. We loaned 10,636 items (books, magazines, DVDs, musical instruments.) The library bought 100s of new books and weeded out old ones, which brings our collection total to about 16,250 items. Library programs had 900 attendees. There were 759 uses of the library's public computers.

    $73,479 spent
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $73,479.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($31k) Expenses 100 ($54k) Net assets 100 ($1.0M)2018 Revenue 111 ($34k) Expenses 123 ($67k) Net assets 100 ($1.0M)2020 Revenue 140 ($43k) Expenses 103 ($56k) Net assets 114 ($1.2M)2021 Revenue 237 ($73k) Expenses 91 ($49k) Net assets 135 ($1.4M)2022 Revenue 167 ($52k) Expenses 89 ($48k) Net assets 136 ($1.4M)2023 Revenue 147 ($45k) Expenses 90 ($49k) Net assets 131 ($1.4M)2024 Revenue 237 ($73k) Expenses 133 ($72k) Net assets 151 ($1.6M)2025 Revenue 355 ($110k) Expenses 157 ($85k) Net assets 169 ($1.8M)
'17'18'20'21'22'23'24'25
Revenue (355)Expenses (157)Net assets (169)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.2M to $1.4M (+19%).

$1.0M
$1.0M
$1.2M
$1.4M
$1.4M
$1.4M
$1.6M
$1.8M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 39% · 2018 41% · 2020 32% · 2021 19% · 2022 31% · 2023 37% · 2024 23% · 2025 15%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$23k
’17
−$33k
’18
−$13k
’20
$24k
’21
$3k
’22
−$3k
’23
$1k
’24
$24k
’25
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'20'21'22'23'24'25
Listed101110121091010
Joined·+2·+2+0+0+1+1
No longer listed·1·02101
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $100k → $28.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CORNISH LIBRARY ASSOCIATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CORNISH LIBRARY ASSOCIATION leans on a few funders — its largest provides 67% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

67%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 85% · 2018 100% · 2020 100% · 2021 99% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CORNISH LIBRARY ASSOCIATION draws 82% of its grant income from funders outside Maine, across 3 states in all.

ME
NY
MD

In-state vs out-of-state, by year

’17
’18
’21
Maine out of state home

Funder states come from each funder’s own filing. $186 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like CORNISH LIBRARY ASSOCIATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maine

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 13%Fundraising 0%

Governance

10
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

86%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for CORNISH LIBRARY ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CORNISH LIBRARY ASSOCIATION?
CORNISH LIBRARY ASSOCIATION (Maine) receives grants from 5 organizations whose IRS filings report $127,686 to it, the largest being THE NEXT GENERATION FOUNDATION ($85,000). 1 of them have funded it in more than one year.
How many funders does CORNISH LIBRARY ASSOCIATION have?
IRS filings report 5 organizations giving $127,686 in grants to CORNISH LIBRARY ASSOCIATION, 1 of which have funded it in more than one year.
Who is the largest funder of CORNISH LIBRARY ASSOCIATION?
THE NEXT GENERATION FOUNDATION is the largest funder on record, with $85,000 in grants. The full list of funders is on this page.
How can an organization like CORNISH LIBRARY ASSOCIATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Cornish Library Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing