Civic Intelligence

Brick Store Museum Inc

EIN 01-0238760 • 501(c)3 • Kennebunk, ME

Profile

The mission of the brick store museum is to ignite personal connections to history, art, and culture through exhibitions, education, and programs celebrating the human experience in the kennebunks and its surrounding communities. Over the past 24 months the museum has produced 24 exhibitions; nearly 50 educational programs; and welcomed close to 10,0000 visitors through its doors.

117 Main StreetKennebunk, ME 04043

www.brickstoremuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

55th percentile

5.9%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-47%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,750,116

Up $209,488 (+5.9%) from 2023

Liabilities

Down

$8,019

Down $6,306 (-44%) from 2023

Net Assets

Up

$3,742,097

Up $215,794 (+6.1%) from 2023

Revenue

Down

$566,156

Down $501,388 (-47%) from 2023

Expenses

Down

$470,813

Down $3,010 (-0.6%) from 2023

Net Income

Down

$95,343

Down $498,378 (-84%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,027,866Liabilities 2011: $136Net Assets 2011: $2,027,7302011Assets 2012: $2,034,294Liabilities 2012: $1,524Net Assets 2012: $2,032,7702012Assets 2013: $2,260,146Liabilities 2013: $95Net Assets 2013: $2,260,0512013Assets 2014: $2,298,549Liabilities 2014: $211Net Assets 2014: $2,298,3382014Assets 2015: $2,051,827Liabilities 2015: $131Net Assets 2015: $2,051,6962015Assets 2016: $2,064,281Liabilities 2016: $1,439Net Assets 2016: $2,062,8422016Assets 2017: $2,803,088Liabilities 2017: $246Net Assets 2017: $2,802,8422017Assets 2018: $2,243,977Liabilities 2018: $5,467Net Assets 2018: $2,238,5102018Assets 2019: $2,850,869Liabilities 2019: $5,537Net Assets 2019: $2,845,3322019Assets 2020: $3,021,349Liabilities 2020: $2,585Net Assets 2020: $3,018,7642020Assets 2021: $3,345,678Liabilities 2021: $3,676Net Assets 2021: $3,342,0022021Assets 2022: $2,892,017Liabilities 2022: $15,267Net Assets 2022: $2,876,7502022Assets 2023: $3,540,628Liabilities 2023: $14,325Net Assets 2023: $3,526,3032023Assets 2024: $3,750,116Liabilities 2024: $8,019Net Assets 2024: $3,742,0972024

Highlighted filing

2024

Assets$3,750,116
Liabilities$8,019
Net Assets$3,742,097

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $302,660Expenses 2011: $218,262Net Income 2011: $84,3982011Expenses 2012: $267,2912012Revenue 2013: $318,039Expenses 2013: $280,797Net Income 2013: $37,2422013Revenue 2014: $283,018Expenses 2014: $259,099Net Income 2014: $23,9192014Revenue 2015: $261,109Expenses 2015: $345,422Net Income 2015: -$84,3132015Revenue 2016: $235,557Expenses 2016: $291,833Net Income 2016: -$56,2762016Revenue 2017: $925,354Expenses 2017: $280,100Net Income 2017: $645,2542017Revenue 2018: $382,253Expenses 2018: $564,324Net Income 2018: -$182,0712018Revenue 2019: $775,784Expenses 2019: $352,922Net Income 2019: $422,8622019Revenue 2020: $528,355Expenses 2020: $401,649Net Income 2020: $126,7062020Revenue 2021: $409,337Expenses 2021: $390,001Net Income 2021: $19,3362021Revenue 2022: $383,389Expenses 2022: $383,628Net Income 2022: -$2392022Revenue 2023: $1,067,544Expenses 2023: $473,823Net Income 2023: $593,7212023Revenue 2024: $566,156Expenses 2024: $470,813Net Income 2024: $95,3432024

Highlighted filing

2024

Revenue$566,156
Expenses$470,813
Net Income$95,343

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$0.01$3.74$0.57$0.47$0.10
2023Detailed filing. Detailed filing data is available for this year.$3.54$0.01$3.53$1.07$0.47$0.59
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.02$2.88$0.38$0.38$0.00
2021Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.34$0.41$0.39$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.02$0.00$3.02$0.53$0.40$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.85$0.01$2.85$0.78$0.35$0.42
2018Detailed filing. Detailed filing data is available for this year.$2.24$0.01$2.24$0.38$0.56$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$0.93$0.28$0.65
2016Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$0.24$0.29$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.26$0.35$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.28$0.26$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.32$0.28$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$0.27
2011Summary only. Only limited summary data is available for this year.$2.03$0.00$2.03$0.30$0.22$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$1,734,925
Mission and Program Overview

Mission

The mission of the brick store museum is to ignite personal connections to history, art, and culture through exhibitions, education, and programs celebrating the human experience in the kennebunks and its surrounding communities. Over the past 24 months the museum has produced 24 exhibitions; nearly 50 educational programs; and welcomed close to 10,0000 visitors through its doors.

The mission of the brick store museum is to ignite personal connections to history, art, and culture through exhibitions, education, and surronding programs celebrating the human experience in the kennebunks and surronding communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,885,015$3,189,891▲ $304,876
Land, Buildings, and Equipment, Net$267,449$457,250▲ $189,801
Savings and Temporary Cash Investments$369,305$83,886▼ $285,419
Cash and Non-Interest-Bearing Accounts$13,906$17,392▲ $3,486
Inventories for Sale or Use$4,953$1,697▼ $3,256
Total Assets$3,540,628$3,750,116▲ $209,488
Liabilities
Accounts Payable and Accrued Expenses$14,325$8,019▼ $6,306
Total Liabilities$14,325$8,019▼ $6,306
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,524,916$2,983,217▲ $458,301
Net Assets With Donor Restrictions$1,001,387$758,880▼ $242,507
Total Net Assets Fund Balance$3,526,303$3,742,097▲ $215,794
Total Liabilities and Net Assets / Fund Balance$3,540,628$3,750,116▲ $209,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$334,803$223,758$558,561
Equipment$50,825$107,765$158,590
Other Land Buildings$71,622$27,996$99,618

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,400,494-▲ $315,872$85,000$2,615,089
2023$2,185,091-▲ $291,845$62,200$2,400,494
2022$2,598,595-▼ $339,384$60,000$2,185,091
2021$2,264,892-▲ $407,823$60,000$2,598,595
2020$2,065,370$5,000▲ $272,198$65,000$2,264,892
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia WalkerExecutive DirectorFT$61,463$7,253$68,716

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$236,034
Program Service Revenue
$21,119
Investment Income
$285,841
Other Revenue
$23,162
All Other Contributions
$226,929
Change in Net Assets
$95,343

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$265,917
Other Expenses$204,896
Total Fundraising Expense$46,231
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$130,533$48,663$18,005$197,201
Current Officers, Directors, Trustees, and Key Employees$48,101$10,308$10,307$68,716
Depreciation Depletion$16,751$8,375$8,375$33,501
Occupancy$11,263$14,845-$26,108
Insurance$7,677$13,152-$20,829
Fees for Services Other$1,650$15,762-$17,412
Fees for Service Investment Mgmnt Fees-$16,277-$16,277
Office Expenses$5,166$5,166$3,032$13,364
Other Expenses$9,154$8,909$430$9,584
Fees for Services Accounting-$5,850-$5,850
All Other Expenses$404$4,146$874$5,424
Total Functional Expenses$262,246$162,336$46,231$470,813
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,838
Fundraising Direct Expenses$750
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Back Yard Barns$5,420$5,420-$5,420
All Souls$3,065$3,065-$3,065
Total Events$21,838$21,838$750$21,088
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The museum has a membership of approximately 300 households.

Form 990, Part VI, Section A, Line 7A

The membership elects the board of trustees and its officers in the context of a members' annual meeting

Form 990, Part VI, Section A, Line 7B

Decisions of the governing authority subject to approval by the membership are outlined in the museum's bylaws and include the election of trustees and any changes to the bylaws

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the museum's finance committe and made available to the board of trustees.

Form 990, Part VI, Section B, Line 12C

The trustees sign disclosure statements annually at board meeting

Form 990, Part VI, Section B, Line 15A

In accordance with the executive compensation policy, the executive director's salary is reviewed each april by the executive committee, with recommendation made to board at may meeting for review/approval. An executive compensation policy was approved by the board of trustees 4/28/2010.

Form 990, Part VI, Section C, Line 19

All current board members have copies of all policies in their electronic board book. Members of the general public can access any of these documents upon request. In addition, the museum, maintains transparency by having various policies/procedures on its website (www.brickstoremuseum.org) and links to its full profile (with forms 990s)on guidestar.org

Filing and Contact Details

Filer

Filer Name
Brick Store Museum Inc
EIN
01-0238760
Phone
2079854802
Address
117 MAIN STREET, KENNEBUNK, ME 04043

Signing Officer

Name
David Moravick
Title
President
Phone
2079854802
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Moravick
Formed
1940
Legal Domicile
Me
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
65

Preparer

Firm
Cummings Lamont & Mcnamee Pa
Address
ONE NEW HAMPSHIRE AVENUE SUITE 230, PORTSMOUTH, NH 03801
Preparer
Derrick Emery CPA
Phone
6034306200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 2C

No change from prior year.

Financial Statement Notes

PART III, LINE 1A:

Historical buildings and collections - in conformity with the practice followed by many museums, the collections, books, manuscripts, and historical buildings purchased and donated are not included in the statement of financial position. The museum staff ensures that its historical buildings and collections are protected and preserved. Collections are subject to a policy that requires the proceeds from sales of collection items be used to acquire new museum objects or for the direct care of collections.

PART III, LINE 4:

The brick store museum is a regional museum of history, decorative arts, and fine arts. The museum collections consist of objects suitable for exhibition, research, interpretation, education and loan. Objects are acquired by donation, purchase, bequest, exchange or other means by which title is transferred to the museum. Each acquisition is considered on the basis of its consistency with the mission defined by the museum, and the museum's ability to care for and benefit from the object. Permanent collection - constitutes objects and archival materials the museum holds in the public trust. They are given the highest possible level of care, and the highest degree of accountability is attached to them. All objects in the museum's permanent collections shall be accessioned. The museum collects: (1) 1. Archival material (including maps, prints, photographs, and manuscripts) dealing with the history of the kennebunks, its towns and people, from the earliest inhabitants to the present day; books written by and about local authors, and such additional reference books needed by museum staff to perform its duties. Archival collections total 1,141 linear feet (approximately 25,000 items), plus 6 map cases and 78 rolled maps. (2)artifacts, including all forms of fine and decorative arts, textiles, clothing, tools and equipment, and household goods which relate to the kennebunks and southern york county by virtue of their having been: (a) created or produced there (b) used for their intended purpose there (c) typical of similar objects known to have been created and/or used there. Library collection - materials in the collection include books, magazines, and trade literature on fine and decorative arts of the types represented in the permanent collection. The library collection materials are not accessioned but are catalogued. The reference library totals 144 linear feet with approximately 1,045 titles. Education collection- items in the education collection are used by the museum for hands-on, inquiry-based exploration in museum exhibitions and programming. Items in the education collection are not accessioned but may be catalogued. They consist mostly of reproductions or original objects of low monetary and historical value. They may also be objects that do not otherwise fit within the scope of the museum's permanent collection but are kept for study purposes. Reproductions are purchased or created by the museum, depending upon programming needs. The teaching collection totals approximately 200 items.

PART V, LINE 4:

The museum holds endowment funds to generate income to support the museum's general activities or to support specific activities as specified by donors.

PART X, LINE 2:

The federal informational tax return of the museum is subject to examination, generally for three years after it was filed.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE BRICK STORE MUSEUM IS TO IGNITE PERSONAL CONNECTIONS TO HISTORY, ART, AND CULTURE THROUGH EXHIBITIONS, EDUCATION, AND SURRONDING PROGRAMS CELEBRATING THE HUMAN EXPERIENCE IN THE KENNEBUNKS AND SURRONDING COMMUNITIES.
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