Metropolitan Waterworks Museum Inc is located in Chestnut Hill, MA. The organization was established in 1995. As of 12/2021, Metropolitan Waterworks Museum Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Waterworks Museum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Metropolitan Waterworks Museum Inc generated $535.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $540.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MWM OWNS AND OPERATES THE WATERWORKS MUSEUM (THE "MUSEUM"), INCLUDING A COMMUNITY MEETING ROOM. THE MUSEUM IS A SINGLE CONDOMINIUM UNIT OF THE MUSEUM BUILDING CONDOMINIUM, ONE OF FOUR SEPARATE CONDOMINIUM BUILDING REGIMES ON THE SITE. THE FOUR BUILDINGS SHARE CERTAIN OPERATING RESPONSIBILITIES THROUGH AN ADMINISTRATIVE TRUST (THE WATERWORKS AT CHESTNUT HILL TRUST), AND THE COMPLEX IS COMMONLY KNOWN AS THE WATERWORKS AT CHESTNUT HILL. THE SITE WAS PREVIOUSLY THE CHESTNUT HILL WATERWORKS, OWNED BY THE COMMONWEALTH OF MASSACHUSETTS, AND DISPOSED OF IN ACCORDANCE WITH THE LDA. THREE OF THE FOUR BUILDINGS AND THE ADJACENT CHESTNUT HILL RESERVOIR ARE LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES AND THE ENTIRE SITE IS A DESIGNATED CITY OF BOSTON LANDMARK. THE MUSEUM HOUSES THREE HISTORIC STEAM PUMPING ENGINES INSTALLED BETWEEN 1894 AND 1921: THE ALLIS, THE WORTHINGTON, AND THE LEAVITT. AS REQUIRED UNDER THE LDA, MWM PROVIDES PUBLIC ACCESS TO THE MUSEUM AT NO FEE, AND TO THE COMMUNIT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM HOUSES THREE HISTORIC STEAM PUMPING ENGINES INSTALLED BETWEEN 1894 AND 1921; THE ALLIS, THE WORTHINGTON, AND THE LEAVITT. THE MWM PROVIDES PUBLIC ACCESS TO THE MUSEUM AT NO FEE, AND TO THE COMMUNITY ROOM AT A MARGINAL COST RECOVERY CHARGE, BOTH IN PERPETUITY. ITS MISSION AS AN EDUCATIONAL NON-PROFIT IS TO PROMOTE LEARNING AT THE WATERWORKS MUSEUM, AS WELL AS PRESERVING THE MAGNIFICENT INDUSTRIAL ARCHAEOLOGY OF THE BUILDING AND ENGINES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Peterson Executive Di | Trustee | 40 | $75,000 |
Edward Berger Treasurer | OfficerTrustee | 1 | $0 |
Katherine Burton Jones Chairman | OfficerTrustee | 1 | $0 |
Martin Perlmutter Vice Chairma | OfficerTrustee | 1 | $0 |
Dennis Dewitt Director | Trustee | 1 | $0 |
Elaine C Pierce Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $460,828 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $460,828 |
Total Program Service Revenue | $74,156 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $534,984 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $75,000 |
Compensation of current officers, directors, key employees. | $3,750 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $94,719 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $20,152 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,195 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $7,114 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $109,476 |
Insurance | $10,286 |
All other expenses | $47,236 |
Total functional expenses | $540,237 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $137,317 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $106,549 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,245,024 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,488,890 |
Accounts payable and accrued expenses | $44,634 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $17,976 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $65,080 |
Total liabilities | $127,690 |
Net assets without donor restrictions | $3,361,200 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,488,890 |
Over the last fiscal year, we have identified 1 grants that Metropolitan Waterworks Museum Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Hamilton Company Charitable Foundation Allston, MA PURPOSE: GENERAL | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Leahy Center For Lake Champlain Inc Burlington, VT | $20,143,698 | $5,166,355 |
Metropolitan Waterworks Museum Inc Chestnut Hill, MA | $3,488,890 | $534,984 |
Coggeshall Farm Museum Inc Bristol, RI | $463,382 | $231,529 |
Military Museum Of Southern New England Inc Danbury, CT | $274,975 | $264,824 |
Vintage Radio And Communications Museum Of Connecticut Inc Windsor, CT | $356,630 | $68,094 |
North American Hand Papermakers Inc New York, NY | $77,190 | $0 |