Civic Intelligence

Beavertail Lighthouse Museum Assoc

EIN 05-0476508 • 501(c)3 • Jamestown, RI

Profile

Beavertail Lighthouse Musuem Association is dedicated to the education of the general public and preservation of Beavertail's historic buildings and rich history as a center for lighthouse development.

PO Box 83Jamestown, RI 02835

www.beavertaillight.org

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

81st percentile

31%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

59th percentile

6.7%

Faster asset growth than 59% of similar nonprofits.

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

Revenue Growth

47th percentile

5.4%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Up

$1,569,513

Up $98,302 (+6.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,569,513

Up $98,302 (+6.7%) from 2023

Revenue

Up

$148,669

Up $7,647 (+5.4%) from 2023

Expenses

Down

$102,046

Down $4,695 (-4.4%) from 2023

Net Income

Up

$46,623

Up $12,342 (+36%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $246,543Liabilities 2010: $112Net Assets 2010: $246,4312010Assets 2011: $265,066Liabilities 2011: $118Net Assets 2011: $264,9482011Assets 2012: $369,922Liabilities 2012: $217Net Assets 2012: $369,7052012Assets 2013: $369,934Liabilities 2013: $325Net Assets 2013: $369,6092013Assets 2014: $388,609Liabilities 2014: $187Net Assets 2014: $388,4222014Assets 2015: $383,733Liabilities 2015: $160Net Assets 2015: $383,5732015Assets 2016: $396,654Liabilities 2016: $15Net Assets 2016: $396,6392016Assets 2017: $754,610Liabilities 2017: $1,946Net Assets 2017: $752,6642017Assets 2018: $1,014,386Liabilities 2018: $105Net Assets 2018: $1,014,2812018Assets 2019: $1,150,001Liabilities 2019: $2,103Net Assets 2019: $1,147,8982019Assets 2020: $1,258,840Liabilities 2020: $0Net Assets 2020: $1,258,8402020Assets 2021: $1,408,841Liabilities 2021: $0Net Assets 2021: $1,408,8412021Assets 2022: $1,374,730Liabilities 2022: $0Net Assets 2022: $1,374,7302022Assets 2023: $1,471,211Liabilities 2023: $0Net Assets 2023: $1,471,2112023Assets 2024: $1,569,513Liabilities 2024: $0Net Assets 2024: $1,569,5132024

Highlighted filing

2024

Assets$1,569,513
Liabilities$0
Net Assets$1,569,513

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $144,721Expenses 2010: $24,882Net Income 2010: $119,8392010Revenue 2011: $46,392Expenses 2011: $27,875Net Income 2011: $18,5172011Revenue 2012: $137,341Expenses 2012: $32,584Net Income 2012: $104,7572012Revenue 2013: $47,682Expenses 2013: $47,778Net Income 2013: -$962013Revenue 2014: $57,227Expenses 2014: $38,414Net Income 2014: $18,8132014Revenue 2015: $35,481Expenses 2015: $40,317Net Income 2015: -$4,8362015Revenue 2016: $45,288Expenses 2016: $32,222Net Income 2016: $13,0662016Revenue 2017: $392,050Expenses 2017: $36,025Net Income 2017: $356,0252017Revenue 2018: $301,080Expenses 2018: $39,454Net Income 2018: $261,6262018Revenue 2019: $140,231Expenses 2019: $58,540Net Income 2019: $81,6912019Revenue 2020: $136,967Expenses 2020: $60,568Net Income 2020: $76,3992020Revenue 2021: $157,727Expenses 2021: $65,850Net Income 2021: $91,8772021Revenue 2022: $116,222Expenses 2022: $82,572Net Income 2022: $33,6502022Revenue 2023: $141,022Expenses 2023: $106,741Net Income 2023: $34,2812023Revenue 2024: $148,669Expenses 2024: $102,046Net Income 2024: $46,6232024

Highlighted filing

2024

Revenue$148,669
Expenses$102,046
Net Income$46,623

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.15$0.10$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.14$0.11$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.12$0.08$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.16$0.07$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.14$0.06$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.14$0.06$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.30$0.04$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.39$0.04$0.36
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.05$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.04$0.04$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.06$0.04$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.05$0.05$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.14$0.03$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.26$0.05$0.03$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.00$0.25$0.14$0.02$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$168,108
Mission and Program Overview

Mission

Beavertail lighthouse museum association is dedicated to the education of the general public and preservation of beavertail's historic buildings and rich history as a center for lighthouse development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$632,918$678,488▲ $45,570
Land, Buildings, and Equipment, Net$539,935$516,190▼ $23,745
Savings and Temporary Cash Investments$162,365$288,162▲ $125,797
Cash and Non-Interest-Bearing Accounts$124,843$68,023▼ $56,820
Inventories for Sale or Use$11,150$18,650▲ $7,500
Total Assets$1,471,211$1,569,513▲ $98,302
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$806,971$890,998▲ $84,027
Net Assets With Donor Restrictions$664,240$678,515▲ $14,275
Total Net Assets Fund Balance$1,471,211$1,569,513▲ $98,302
Total Liabilities and Net Assets / Fund Balance$1,471,211$1,569,513▲ $98,302

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$516,190$237,361$753,551
Investment Program Related Org$678,488--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$632,918-▲ $76,120-$678,488
2023$600,380-▲ $62,201-$632,918
2022$696,259-▼ $67,761-$600,380
2021$643,416-▲ $79,109-$696,259
2020$614,702-▲ $54,154-$643,416
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy BeyePresident
Alex PopovychDirector
David SmithDirector
Diane BakleyDirector
KAREN O'TOOLEDirector
Kate SchweitzerDirector
Leo Norsi JrDirector
Linda WarnerDirector
Nicole ContinoDirector
Robert BendickDirector
Robert LangtonDirector
Ross WiliiamsDirector
Stewart MorganDirector
Ursula ParenteauDirector
Varoujan KarentzDirector
Joan VessellaSecretary
Sandra PatersonTreasurer
Mary HamiltonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$95,706
Program Service Revenue
$0
Investment Income
$5,406
Other Revenue
$47,557
All Other Contributions
$91,316
Change in Net Assets
$46,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,046
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$39,537--$39,537
Occupancy$22,546--$22,546
Information Technology-$7,092-$7,092
Fees for Service Investment Mgmnt Fees-$6,110-$6,110
Insurance$5,825--$5,825
Office Expenses$2,335$2,880-$5,215
Fees for Services Accounting-$2,650-$2,650
Grants to Domestic Individuals$2,000--$2,000
Conferences and Meetings$745--$745
Advertising$636--$636
Other Expenses$39--$39
Total Functional Expenses$83,314$18,732$0$102,046
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

Organization has members. Members assist in supporting the 501(c) (3)through their nmembership fees. Members have voting rights.

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

Two members of the board of directors review form 990 before it is electronically filed. Upon signed receipt of the 8879-eo, irs e-file signature authorization form for an exempt organizeion, the final return is e-filed.

Form 990, Page 6, Part VI, Line 19

Requests for forms 1023 and/or 990/990ez must be requested in writing and sent to po box 83, jamestown,ri 02835. The organization will respond to this inquiry within 30 days from the date the written request is received. (a request that is faxed, e-mailed or sent by private courier is considered a written request.) photo copy fees & u.s. Post office postage is applicable for mailed request to requester.

Filing and Contact Details

Filer

Filer Name
Beavertail Lighthouse Museum Assoc
EIN
05-0476508
Phone
4014232698
Address
PO BOX 83, JAMESTOWN, RI 02835

Signing Officer

Name
Sandra Paterson
Title
Treasurer
Phone
4014232698
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra Paterson
Formed
1989
Legal Domicile
Ri
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
50

Preparer

Firm
Susan Hackman CPA
Address
47 BOW ST, JAMESTOWN, RI 02835-2620
Preparer
Susan Hackman
Phone
4015250373
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers serve as docents and help at the gift shop.

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

Scholarship, donation and depreciation

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Grants from the endowment fund are to be used for capital improvements to the lighthouse.

Raw XML AppendixShowing 400 of 465 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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IRS990/MissionDesc0BEAVERTAIL LIGHTHOUSE MUSEUM ASSOCIATION IS DEDICATED TO THE EDUCATION OF THE GENERAL PUBLIC AND PRESERVATION OF BEAVERTAIL'S HISTORIC BUILDINGS AND RICH HISTORY AS A CENTER FOR LIGHTHOUSE DEVELOPMENT.
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IRS990/OtherExpensesGrp/Desc3CREDIT CARD MERCHANT FEES
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IRS990/PrincipalOfficerNm0SANDRA PATERSON
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IRS990/ProgSrvcAccomActy2Grp/Desc0GIFT SHOP EXPENSES. BEAVERTAIL LIGHTHOUSE MUSEUM ASSOC HAS A MUSEUM STORE AND SELLS LIGHTHOUSE MERCHANDISE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06495
IRS990/ProgSrvcAccomActy3Grp/Desc0THIS IS WHAT THE NONPROFIT SPENT ON PRINTING, POSTAGE AND WEBSITE COSTS TO COMMUNICATE UPDATES REGARDING THE BEAVERTAIL LIGHTHOUSE TO THE PUBLIC.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02335
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHOLARSHIP, DONATION AND DEPRECIATION
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0678488
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PHILADELPHIA FOUNDATION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0237361
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0753551
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GRANTS FROM THE ENDOWMENT FUND ARE TO BE USED FOR CAPITAL IMPROVEMENTS TO THE LIGHTHOUSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0516190
IRS990ScheduleD/TotalBookValueProgramRltdAmt0678488
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS SERVE AS DOCENTS AND HELP AT THE GIFT SHOP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIP, DONATION AND DEPRECIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAS MEMBERS. MEMBERS ASSIST IN SUPPORTING THE 501(C) (3)THROUGH THEIR NMEMBERSHIP FEES. MEMBERS HAVE VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TWO MEMBERS OF THE BOARD OF DIRECTORS REVIEW FORM 990 BEFORE IT IS ELECTRONICALLY FILED. UPON SIGNED RECEIPT OF THE 8879-EO, IRS E-FILE SIGNATURE AUTHORIZATION FORM FOR AN EXEMPT ORGANIZEION, THE FINAL RETURN IS E-FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REQUESTS FOR FORMS 1023 AND/OR 990/990EZ MUST BE REQUESTED IN WRITING AND SENT TO PO BOX 83, JAMESTOWN,RI 02835. THE ORGANIZATION WILL RESPOND TO THIS INQUIRY WITHIN 30 DAYS FROM THE DATE THE WRITTEN REQUEST IS RECEIVED. (A REQUEST THAT IS FAXED, E-MAILED OR SENT BY PRIVATE COURIER IS CONSIDERED A WRITTEN REQUEST.) PHOTO COPY FEES & U.S. POST OFFICE POSTAGE IS APPLICABLE FOR MAILED REQUEST TO REQUESTER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01471211

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