Beavertail Lighthouse Museum Association FY2020 filing

Tax-deductible

Jamestown, RI501(c)(3)Since 1989Arts & CultureEIN 05-0476508Revenue $137K in FY2020

On file with the IRSbeavertaillight.orgPo Box 83, 02835-0083 · Jamestown, RITax-exempt since Jun 1994Publicly supported — 509(a)(2)

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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.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
IRS Pub. 78
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $50K a year · 36% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
42 mo
of spending, in cash
Looks good: 41.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $20K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$137K
Spent
$61K
To programs
60%
Net assets
$1.3M
By yearFY2020–FY2025
Revenue
$137K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$137K
FY2021$158K
FY2022$116K
FY2023$141K
FY2024$149K
FY2025$141K
Expenses
$61K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$61K
FY2021$66K
FY2022$83K
FY2023$107K
FY2024$102K
FY2025$125K
Net assets
$1.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.4M
FY2023$1.5M
FY2024$1.6M
FY2025$1.6M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated. Listed in IRS Pub. 78 (as of October 2026). Latest filing on record: FY2025. IRS ruling in Jun 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $36K Management & general 40% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Beavertail Lighthouse Museum Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves historic lighthouse buildings and educates the public about its role in lighthouse development.

Questions for Beavertail Lighthouse Museum Association

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Provided by the organization

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3 programs · $17K · in their own filed words · FY2020
01

Beavertail lighthouse museum assosociation was extremely affected by the COVID-19 pandemic. The lighhouse remained closed for the remainder of 2020 after the pandemic hit. The non-profit organization still spent funds on maintaining the property.

$10Kprogram expense
02

Gift shop expenses. Beavertail lighthouse museum assoc tried to sell museum shop merchandise online since the shop was closed to the public because of covid 19.

$4Kprogram expense
03

This is what the nonprofit spent on printing, postage and website costs to communicate updates regarding the beavertail lighthouse to the public.

$3Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$20K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$137K
Ln 12
Gifts and grantsLn 1h$116K
Investment incomeLn 3$20K
Other incomeLn 4–11$275
Money outPt IX
$61K
Ln 25
Programscol B$36K
Managementcol C$25K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$210K
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$116K
Investment incomeLn 3$20K
Other incomeLn 4–11$275
Total revenueLn 12$137K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$201K
Cash and savings togetherLn 1–2$210K
InvestmentsLn 11–13$643K
Land, buildings, equipmentLn 10c$394K
Total assetsLn 16$1.3M
LiabilitiesLn 26$0
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$142K$210K
InvestmentsLn 11–13$615K$643K
Land, buildings, equipmentLn 10c$386K$394K
Total assetsLn 16$1.2M$1.3M
LiabilitiesLn 26$2K$0
Net assetsLn 32$1.1M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$200$200
Grants to domestic individualsLn 2$1K$1K
Accounting feesLn 11c$16K$16K
Investment management feesLn 11f$5K$5K
Office expensesLn 13$6K$3K$3K
Information technologyLn 14$158$158
OccupancyLn 16$8K$8K
InterestLn 20$217$217
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$61K$36K$25K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $141K$125K$16K$1.6M 990 PDF
FY2024 $149K$102K$47K$1.6M 990 PDF
FY2023 $141K$107K$34K$1.5M 990 PDF
FY2022 $116K$83K$34K$1.4M 990 PDF
FY2021 $158K$66K$92K$1.4M 990 PDF
FY2020 Viewing $137K$61K$76K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $136,967 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $117,396$116,291
I-9 Program service revenue$0
I-10 Investment incomePrior year $8,124$20,401
I-11 Other revenuePrior year $14,711$275
I-12 Total revenuePrior year $140,231$136,967
I-13 Grants and similar amounts paid$1,200
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $58,540$59,368
I-18 Total expensesPrior year $58,540$60,568
I-19 Revenue less expensesPrior year $81,691$76,399
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $136,967 across 4 lines filed
Lines not itemized here account for $275 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$116,291
VIII-1h Total contributions, gifts and grants$116,291
VIII-3 Investment incomeExcluded from tax $20,401$20,401
VIII-12 Total revenueExcluded from tax $20,676$136,967
Part IX · Statement of functional expenses $60,568 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $200$200
IX-2 Grants to domestic individualsPrograms $1,000$1,000
IX-11c Accounting feesManagement $16,432$16,432
IX-11f Investment management feesManagement $5,272$5,272
IX-13 Office expensesPrograms $3,077 · Management $2,798$5,875
IX-14 Information technologyPrograms $158$158
IX-16 OccupancyPrograms $8,147$8,147
IX-20 InterestPrograms $217$217
IX-22 Depreciation, depletion and amortizationPrograms $17,824$17,824
IX-23 InsurancePrograms $1,371$1,371
IX-24 Other expenses (24a–d)Programs $4,072$4,072
IX-25 Total functional expensesPrograms $36,066 · Management $24,502 · Fundraising $0$60,568
Part X · Balance sheet $1,258,840 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $26,684$9,430
X-2 Savings and temporary cash investmentsStart of year $115,742$200,523
X-8 Inventories for sale or useStart of year $7,213$11,113
X-10c Land, buildings and equipment, netStart of year $385,660$394,358
X-13 Program-related investmentsStart of year $614,702$643,416
X-16 Total assetsStart of year $1,150,001$1,258,840
X-26 Total liabilitiesStart of year $2,102$0
X-27 Net assets without donor restrictionsStart of year $512,498$504,423
X-28 Net assets with donor restrictionsStart of year $635,401$754,417
X-32 Total net assets or fund balancesStart of year $1,147,899$1,258,840
X-33 Total liabilities and net assetsStart of year $1,150,001$1,258,840
Part XI · Reconciliation of net assets $1,258,840 net assets at year end
XI-1 Total revenue$136,967
XI-2 Total expenses$60,568
XI-3 Revenue less expenses$76,399
XI-4 Net assets at start of year$1,147,899
XI-5 Net unrealized gains (losses) on investments$34,542
XI-10 Net assets at end of year$1,258,840

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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