The first Free Library Association to be formed in the county, the Gilbertsville Free Library stands as a symbol of architectural pride and beauty to both past and present day village residents.

A frame school house for Butternuts’ School District was moved to this location in 1814. Serving as both the district school and a private academy for more advanced education, it burned in 1817. The trustees decided to rebuild in stone and make it large enough to accommodate more academy students.