2026-02-16T19:00:23-05:00 2024-06-30 990 2023-07-01 030301455 Lincoln Library Inc LINC 8024532665 222 W RIVER RD Lincoln VT 054439637 Kate McGowan Lincoln LIbrary 8024532665 2026-02-17 false 2023 2025-03-06 01:10:19Z Kate McGowan 222 W RIVER RD Lincoln VT 054439637 98019 false X X 1998 VT The Lincoln Library enriches lives and builds community in a welcoming supportive environment by providing accessible resources programs services and spaces that meet the current and evolving needs of the community. 9 9 2 25 0 0 149238 75548 938 271 21109 22200 0 0 171285 98019 0 0 0 0 42166 45577 0 0 680 26808 30188 68974 75765 102311 22254 1768523 1098053 0 1689 1768523 1096364 The Lincoln Library enriches lives and builds community in a welcoming supportive environment by providing accessible resources programs services and spaces that meet the current and evolving needs of the community. false false 71880 0 271 Maintain a collection of physical and online books music movies etc. provide free access to the collection events and computer wifi. 71880 true true false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 2 true false false false false false false false false X 9 9 false false false false false false false true true false false true false false false true true false X Kate McGowan 8024532665 222 W RIVER RD Lincoln VT 054439637 X Sally Baldwin President Board of Trustees 6.00 0.00 X X 0 0 0 Grace Freeman VP Board of Trustees 5.00 0.00 X X 0 0 0 Ruth Shepherd Treasurer Board of Trustees 4.00 0.00 X X 0 0 0 Jenny Lawson Bates Secretary Board of Trustees 3.00 0.00 X X 0 0 0 Jacquelin Olson board of trustees 3.00 0.00 X 0 0 0 Deb Heleba board of trustees 3.00 0.00 X 0 0 0 Barb Aitken board of trustees 3.00 0.00 X 0 0 0 Erika French Board of Trustees 3.00 0.00 X 0 0 0 Dale Cockrell Board of Trustees 3.00 0.00 X 0 0 0 0 0 0 0 false false false 0 0 2139 0 52636 20773 0 75548 library services 519120 271 271 0 0 271 22200 0 0 22200 0 0 0 0 0 0 0 0 0 0 0 0 0 2139 0 0 0 0 0 0 0 0 0 0 0 98019 271 0 22200 0 0 0 0 0 0 0 0 41851 41851 0 0 0 0 0 0 510 510 0 0 3216 3216 0 0 0 0 0 0 0 0 0 0 1945 0 1945 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 680 0 0 680 7269 6179 1090 0 2195 2025 170 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4792 4792 0 0 Library Lending Services 8638 8638 0 0 Building and Grounds Maitenance 4074 4074 0 0 Public Events and Programs 595 595 0 0 75765 71880 3205 680 79564 98714 25723 10011 0 0 0 0 0 0 0 0 0 0 0 0 0 0 870965 316472 1235000 554493 0 0 0 0 0 0 0 0 428236 434835 1768523 1098053 0 1689 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1689 X 0 0 0 0 1768523 1096364 1768523 1096364 1768523 1098053 22254 0 0 0 -694413 0 X false false false X 13461 18696 42023 37224 67548 178952 44000 44000 44000 44000 44000 220000 57461 62696 86023 81224 111548 398952 398952 5 11 23 6 5 50 5 11 23 6 5 50 57466 62707 86046 81230 111553 399002 0.9999 0.7233 0.0001 0.7077 X Part III - Line 1, Unusual Grant Lists | Name of the Contributor:, Date of Grant:, Year:, Amount:, Description:| Donor, 12 18 2023, "2023", $8000, ARPA fund passthrough for improvements to driveway parking lot and culverts for improved and sustained access to building| Donor, 12 24 2020, "2021", $10000, capital improvement: heating & solar conversion| Donor, 12 24 2020, "2021", $10000, for capital campaign for heating and solar conversion| Donor, 12 01 2022, "2022", $49000, Capital Campaign - heating solar conversion. One time grant| Donor, 12 17 2021, "2022", $14952, capital fund: heating system solar conversion| RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 158773 0 158773 549925 0 252965 296960 0 0 0 0 57987 0 57987 0 104280 0 5520 98760 554493 Beneficial Interest in Vermont Community Foundation -Endowment 434835 434835 Part VI, Section B, Line 11b Library Director prepares the return and presents it to the board for review and approval Part VI, Section B, Line 15 | Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Wendy McIntosh, comparison to other library directors budget considerations and board discussion and vote during the budgeting process, 2023| Part VI, Section C, Line 19 all documents are provide upon request financial statements are published in the annual town report Part X & XI,line 8 | Explanation:| Prior period adjustment: prior year 990 preparer used fair market value insurance values without accumulated depreciation for the value of land building and building improvements. We have revised our accounting system to reflect purchase value and accumulated depreciation. Depreciation and new assets will be recorded properly going forward. We had turnover of the director board president and treasurer. Our new director and board initiated a revamp of the accounting systems and chart of accounts to professionalize the processes and financial statements. This process took us a little longer than we expected but is complete now. We will be filing the 2024 return at the same time as this return. Based on our new use of quickbooks and new account systems in place we expect 2025 to be filed very close to year end 6 30 26.