Civic Intelligence

Becket Athenaeum Inc

EIN 04-3458519 • 501(c)3 • Becket, MA

Profile

Established in 1888, the becket athenaeum's mission is to inspire lifelong learning; to foster relaxation and enjoyment through our collection and programs; and to cultivate a spirit of community.

3367 Main StreetBecket, MA 01223

www.becketathenaeum.org

Siviq Scores

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

Liabilities / Assets

31st percentile

0.01x

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

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

Liabilities / Revenue

42nd percentile

0.04x

Higher debt load relative to revenue than 42% 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

62nd percentile

8.5%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

20th percentile

-11%

Faster revenue growth than 20% of similar nonprofits.

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

Assets

Up

$1,439,455

Up $112,923 (+8.5%) from 2023

Liabilities

Down

$12,256

Down $5,342 (-30%) from 2023

Net Assets

Up

$1,427,199

Up $118,265 (+9.0%) from 2023

Revenue

Down

$281,208

Down $35,354 (-11%) from 2023

Expenses

Down

$234,414

Down $21,060 (-8.2%) from 2023

Net Income

Down

$46,794

Down $14,294 (-23%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $699,226Liabilities 2011: $0Net Assets 2011: $699,2262011Assets 2012: $682,379Liabilities 2012: $0Net Assets 2012: $682,3792012Assets 2013: $932,745Liabilities 2013: $22,133Net Assets 2013: $910,6122013Assets 2014: $992,870Liabilities 2014: $49,587Net Assets 2014: $943,2832014Assets 2015: $964,555Liabilities 2015: $12,998Net Assets 2015: $951,5572015Assets 2016: $1,018,222Liabilities 2016: $55,604Net Assets 2016: $962,6182016Assets 2017: $1,135,333Liabilities 2017: $93,070Net Assets 2017: $1,042,2632017Assets 2018: $1,080,623Liabilities 2018: $73,004Net Assets 2018: $1,007,6192018Assets 2019: $1,176,588Liabilities 2019: $73,384Net Assets 2019: $1,103,2042019Assets 2020: $1,206,047Liabilities 2020: $22,504Net Assets 2020: $1,183,5432020Assets 2021: $1,320,365Liabilities 2021: $4,881Net Assets 2021: $1,315,4842021Assets 2022: $1,181,156Liabilities 2022: $23,035Net Assets 2022: $1,158,1212022Assets 2023: $1,326,532Liabilities 2023: $17,598Net Assets 2023: $1,308,9342023Assets 2024: $1,439,455Liabilities 2024: $12,256Net Assets 2024: $1,427,1992024

Highlighted filing

2024

Assets$1,439,455
Liabilities$12,256
Net Assets$1,427,199

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $135,921Expenses 2011: $130,118Net Income 2011: $5,8032011Revenue 2012: $126,128Expenses 2012: $158,456Net Income 2012: -$32,3282012Revenue 2013: $287,291Expenses 2013: $123,794Net Income 2013: $163,4972013Revenue 2014: $195,766Expenses 2014: $162,003Net Income 2014: $33,7632014Revenue 2015: $219,808Expenses 2015: $195,845Net Income 2015: $23,9632015Revenue 2016: $166,493Expenses 2016: $185,588Net Income 2016: -$19,0952016Revenue 2017: $228,883Expenses 2017: $204,554Net Income 2017: $24,3292017Revenue 2018: $207,568Expenses 2018: $206,873Net Income 2018: $6952018Revenue 2019: $212,066Expenses 2019: $203,279Net Income 2019: $8,7872019Revenue 2020: $231,656Expenses 2020: $213,215Net Income 2020: $18,4412020Revenue 2021: $223,204Expenses 2021: $217,363Net Income 2021: $5,8412021Revenue 2022: $166,822Expenses 2022: $230,365Net Income 2022: -$63,5432022Revenue 2023: $316,562Expenses 2023: $255,474Net Income 2023: $61,0882023Revenue 2024: $281,208Expenses 2024: $234,414Net Income 2024: $46,7942024

Highlighted filing

2024

Revenue$281,208
Expenses$234,414
Net Income$46,794

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.43$0.28$0.23$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.02$1.31$0.32$0.26$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.02$1.16$0.17$0.23$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.00$1.32$0.22$0.22$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.02$1.18$0.23$0.21$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.07$1.10$0.21$0.20$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.07$1.01$0.21$0.21$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.09$1.04$0.23$0.20$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.06$0.96$0.17$0.19$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.01$0.95$0.22$0.20$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.05$0.94$0.20$0.16$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.91$0.29$0.12$0.16
2012Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.13$0.16$0.03
2011Summary only. Only limited summary data is available for this year.$0.70$0.00$0.70$0.14$0.13$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$281,208
Mission and Program Overview

Mission

To provide a public library and community center for the residents of the towns of becket and washington and surrounding communities

Established in 1888, the becket athenaeum's mission is to inspire lifelong learning; to foster relaxation and enjoyment through our collection and programs; and to cultivate a spirit of community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$862,708$947,790▲ $85,082
Land, Buildings, and Equipment, Net$208,464$201,350▼ $7,114
Savings and Temporary Cash Investments$162,658$188,806▲ $26,148
Pledges and Grants Receivable$47,250$46,098▼ $1,152
Cash and Non-Interest-Bearing Accounts$25,299$27,794▲ $2,495
Accounts Receivable$20,153$27,617▲ $7,464
Total Assets$1,326,532$1,439,455▲ $112,923
Liabilities
Accounts Payable and Accrued Expenses$14,939$9,718▼ $5,221
Other Liabilities$2,659$2,538▼ $121
Total Liabilities$17,598$12,256▼ $5,342
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,244,674$1,351,534▲ $106,860
Net Assets With Donor Restrictions$64,260$75,665▲ $11,405
Total Net Assets Fund Balance$1,308,934$1,427,199▲ $118,265
Total Liabilities and Net Assets / Fund Balance$1,326,532$1,439,455▲ $112,923

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$191,619$63,323$254,942
Equipment-$19,797$19,797
Other Land Buildings$1,731$6,916$8,647
Land$8,000-$8,000
Other Securities$25,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicole SchulzeExecutive DiFT$39,099$39,099

Board Members and Trustees

NameTitle
Cathy DefoeChair
Lee WatrobaVice Chair
Jane MarkhamTrustee
Lei-anne EllisTrustee
Sharon DavisTrustee
Cheryl CucinelloSecretary
Robert GrossTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$231,994
Program Service Revenue
$0
Investment Income
$45,013
Other Revenue
$4,201
All Other Contributions
$133,874
Change in Net Assets
$46,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$123,166
Other Expenses$111,248
Total Fundraising Expense$2,577
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$73,766--$73,766
Current Officers, Directors, Trustees, and Key Employees$39,361--$39,361
Occupancy$6,766$20,495-$27,261
Fees for Services Other$9,361$4,611-$13,972
Payroll Taxes$9,683--$9,683
Fees for Service Investment Mgmnt Fees-$7,430-$7,430
Depreciation Depletion$7,114--$7,114
Office Expenses$1,713$2,213$2,577$6,503
All Other Expenses$6,048--$6,048
Insurance$4,631--$4,631
Other Expenses$3,271--$3,271
Fees for Services Accounting-$1,395-$1,395
Other Employee Benefits$356--$356
Travel$186--$186
Conferences and Meetings$76--$76
Total Functional Expenses$195,693$36,144$2,577$234,414
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,201
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Wells Fargo Credit Card$2,538
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is presented to the executive director, board chair & treasurer for review prior to its submission and is shared with the full board.

Form 990, Page 6, Part VI, Line 12C

Potential conflicts of interst issues are reviewed and discussed at monthly trustee meetings and action taken as needed.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director was determined by the trustees through a comparison of compensation for similar positions in the region, taking into account the size of the library, education level and years of experience.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, 990 filings and financial statements (when applicable) available to the public in hard copy or digital form upon request. In november 2024 the massachusetts legislature passed a bill that raised financial statement thresholds for massachusetts nonprofits. This bill was effective immediately upon being signed into law by the governor on november 20, 2024. The minimum amount of gross support and revenue an organization ust have to be required to submit a reviewed inancial statement was increased from 200,000 to 500,000 and from 500,000 to 1,000,000 for an audited financial statement. The athenaeum did not have a financial statement requirement for 2024.

Filing and Contact Details

Filer

Filer Name
Becket Athenaeum Inc
EIN
04-3458519
Phone
4136235483
Address
3367 MAIN STREET, BECKET, MA 01223

Signing Officer

Name
Robert Gross
Title
Treasurer
Phone
4136235483
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Defoe
Formed
1888
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
18
Volunteers
24

Preparer

Firm
Giardina & Bresett Pc
Address
809 NORTH ST, PITTSFIELD, MA 01201
Preparer
William J Bresett Jr CPA
Phone
4134439122
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

Our grant-funded programming consists of: - financially supporting a traditional afterschool program (kids club) held at the becket washington school 5 days/week from 3-5:30pm with monthly visits to the library, keeping the costs down to 7/day/child for families. -running a traditional book club, and a cookbook club monthly, as well as storytime & crafts for preschoolers, storytime & creative movement, a baby & toddler playgroup, and educational programming for the local elementary school classes. -town of becket summer program collaboration: we plan and run enrichment programs for the free town summer program that serves children ages 6 to 12. -teen intern mentor program: we provide year-round jobs and training for local teens, typically their very first job. We guide them through job applications, interviews, working papers, direct deposit forms, as well as mentoring them for work ethic, skills building, and teamwork. -we schedule 24-36 additional stand-alone programs: craft and gardening classes, public speakers on a wide variety of topics, environmental and topical presentations, movie nights, game nights, hands-on workshops, and an ever-changing line-up of performers (storytellers, puppeteers,musicians, etc.)

Raw XML AppendixShowing 400 of 409 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR GRANT-FUNDED PROGRAMMING CONSISTS OF: - FINANCIALLY SUPPORTING A TRADITIONAL AFTERSCHOOL PROGRAM (KIDS CLUB) HELD AT THE BECKET WASHINGTON SCHOOL 5 DAYS/WEEK FROM 3-5:30PM WITH MONTHLY VISITS TO THE LIBRARY, KEEPING THE COSTS DOWN TO 7/DAY/CHILD FOR FAMILIES. -RUNNING A TRADITIONAL BOOK CLUB, AND A COOKBOOK CLUB MONTHLY, AS WELL AS STORYTIME & CRAFTS FOR PRESCHOOLERS, STORYTIME & CREATIVE MOVEMENT, A BABY & TODDLER PLAYGROUP, AND EDUCATIONAL PROGRAMMING FOR THE LOCAL ELEMENTARY SCHOOL CLASSES. -TOWN OF BECKET SUMMER PROGRAM COLLABORATION: WE PLAN AND RUN ENRICHMENT PROGRAMS FOR THE FREE TOWN SUMMER PROGRAM THAT SERVES CHILDREN AGES 6 TO 12. -TEEN INTERN MENTOR PROGRAM: WE PROVIDE YEAR-ROUND JOBS AND TRAINING FOR LOCAL TEENS, TYPICALLY THEIR VERY FIRST JOB. WE GUIDE THEM THROUGH JOB APPLICATIONS, INTERVIEWS, WORKING PAPERS, DIRECT DEPOSIT FORMS, AS WELL AS MENTORING THEM FOR WORK ETHIC, SKILLS BUILDING, AND TEAMWORK. -WE SCHEDULE 24-36 ADDITIONAL STAND-ALONE PROGRAMS: CRAFT AND GARDENING CLASSES, PUBLIC SPEAKERS ON A WIDE VARIETY OF TOPICS, ENVIRONMENTAL AND TOPICAL PRESENTATIONS, MOVIE NIGHTS, GAME NIGHTS, HANDS-ON WORKSHOPS, AND AN EVER-CHANGING LINE-UP OF PERFORMERS (STORYTELLERS, PUPPETEERS,MUSICIANS, ETC.)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PRESENTED TO THE EXECUTIVE DIRECTOR, BOARD CHAIR & TREASURER FOR REVIEW PRIOR TO ITS SUBMISSION AND IS SHARED WITH THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POTENTIAL CONFLICTS OF INTERST ISSUES ARE REVIEWED AND DISCUSSED AT MONTHLY TRUSTEE MEETINGS AND ACTION TAKEN AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DETERMINED BY THE TRUSTEES THROUGH A COMPARISON OF COMPENSATION FOR SIMILAR POSITIONS IN THE REGION, TAKING INTO ACCOUNT THE SIZE OF THE LIBRARY, EDUCATION LEVEL AND YEARS OF EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, 990 FILINGS AND FINANCIAL STATEMENTS (WHEN APPLICABLE) AVAILABLE TO THE PUBLIC IN HARD COPY OR DIGITAL FORM UPON REQUEST. IN NOVEMBER 2024 THE MASSACHUSETTS LEGISLATURE PASSED A BILL THAT RAISED FINANCIAL STATEMENT THRESHOLDS FOR MASSACHUSETTS NONPROFITS. THIS BILL WAS EFFECTIVE IMMEDIATELY UPON BEING SIGNED INTO LAW BY THE GOVERNOR ON NOVEMBER 20, 2024. THE MINIMUM AMOUNT OF GROSS SUPPORT AND REVENUE AN ORGANIZATION UST HAVE TO BE REQUIRED TO SUBMIT A REVIEWED INANCIAL STATEMENT WAS INCREASED FROM 200,000 TO 500,000 AND FROM 500,000 TO 1,000,000 FOR AN AUDITED FINANCIAL STATEMENT. THE ATHENAEUM DID NOT HAVE A FINANCIAL STATEMENT REQUIREMENT FOR 2024.
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