Beardsley & Memorial Library
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Beardsley & Memorial Library is a 501(c)(3) organization based in Winsted, Connecticut, registered in 1971, with $640,935 in FY2024 revenue. CharityIndex grades it B.
40 Munro Pl, Winsted, CT, 06098 EIN 06-0662106 Since 1971
Revenue (FY2024)
$641K
▼ 17.4% vs prior year
Expenses (FY2024)
$556K
Net assets
$3.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Beardsley & Memorial Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating73 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Beardsley & Memorial Library: 73 mo reserves · +13% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Beardsley & Memorial Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Beardsley & Memorial Library: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 40 Munro Pl, Winsted, CT, 06098
- City
- Winsted
- State
- Connecticut
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $457K (FY2013) to $641K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18KNet assets $3.4M
Operating margin
13.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$18K
Net assets
$3.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $640,935▼17.4% | $555,719▲7.1% | $3,385,206▲5.0% | $3,403,288▲5.2% | 990 |
| 2023 | $775,822▲33.4% | $518,672▼2.8% | $3,223,053▲12.5% | $3,233,782▲12.7% | 990 |
| 2022 | $581,771▼3.7% | $533,623▲4.4% | $2,864,641▲3.7% | $2,869,809▲3.5% | 990 |
| 2021 | $603,987▼16.0% | $511,296▲6.8% | $2,761,949▼6.0% | $2,773,509▼5.9% | 990 |
| 2020 | $719,178▲41.9% | $478,779▲6.0% | $2,938,609▲21.7% | $2,948,665▲19.5% | 990 |
| 2019 | $506,881▲3.5% | $451,583▲3.7% | $2,414,668▲2.1% | $2,467,925▲3.7% | 990 |
| 2018 | $489,613▼13.2% | $435,475▲0.2% | $2,365,995▲3.7% | $2,378,743▲3.7% | 990 |
| 2017 | $564,300▲22.4% | $434,723▲5.1% | $2,281,868▲8.4% | $2,293,760▲8.4% | 990 |
| 2016 | $461,011▼3.3% | $413,549▼9.5% | $2,105,650▲6.8% | $2,115,592▲6.8% | 990 |
| 2015 | $476,739▲9.7% | $457,186▲8.3% | $1,972,367▼0.9% | $1,981,045▼0.8% | 990 |
| 2014 | $434,408▼5.0% | $421,991▲3.6% | $1,989,671▲0.1% | $1,996,770▲0.2% | 990 |
| 2013 | $457,247 | $407,184▲3.0% | $1,987,087▲9.5% | $1,992,456▲8.6% | 990 |
| 2012 | — | $395,227▲0.6% | $1,814,808▲4.7% | $1,835,034▲5.2% | 990 |
| 2011 | — | $392,905▲4.0% | $1,732,798▲10.0% | $1,743,684▲10.3% | 990 |
| 2010 | — | $377,621▼0.9% | $1,575,565▲7.3% | $1,581,031▲6.8% | 990 |
| 2009 | — | $381,175 | $1,468,071 | $1,480,079 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Beardsley & Memorial Library a legitimate nonprofit?
- Yes. Beardsley & Memorial Library is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0662106, based in Winsted, Connecticut. Donations are tax-deductible.
- What is Beardsley & Memorial Library's EIN?
- Beardsley & Memorial Library's Employer Identification Number (EIN) is 06-0662106.
- How much revenue does Beardsley & Memorial Library report?
- Beardsley & Memorial Library reported $640,935 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Beardsley & Memorial Library have?
- CharityIndex grades Beardsley & Memorial Library B, based on financial health (reserves and operating margin).
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Data for Beardsley & Memorial Library (EIN 06-0662106) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.