Ipswich Museum Inc

Organization Overview

Ipswich Museum Inc is located in Ipswich, MA. The organization was established in 1945. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Ipswich Museum Inc employed 6 individuals. This organization is the central organization for a national or regional group of organizations. Ipswich 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, Ipswich Museum Inc generated $239.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $212.5k during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATE THE PUBLIC REGARDING THE HISTORY OF IPSWICH MASSACHUSETTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF TWO MUSEUM BUILDINGS, THE WATERS MEMORIAL AND WHIPPLE HOUSE, HISTORIC BUILDINGS WITH ANTIQUE FURNISHINGS TO EDUCATE THE PUBLIC REGARDING HISTORY AND THE NEED FOR PRESERVATION OF HISTORIC ARTIFACTS.


BOOK AND COMMEMORATIVE ITEM SALES DOCUMENTING THE HISTORY OF IPSWICH, MA


OPERATION OF THE DOW ARTS EDUCATION PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Gaskins
President/trustee
$0
Lawrence Pszenny
Treasurer/trustee
$0
Cary Perry
1st Vp/trustee
$0
Marcia Gray
Secretary/trustee
$0
Bill Callahan
2nd Vp/trustee
$0
Boyd Finch
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$29,933
Fundraising events$0
Related organizations$0
Government grants $14,113
All other contributions, gifts, grants, and similar amounts not included above$118,551
Noncash contributions included in lines 1a–1f $2,997
Total Revenue from Contributions, Gifts, Grants & Similar$162,597
Total Program Service Revenue$18,945
Investment income $17,399
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $27,641
Net Income from Fundraising Events $13,200
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $239,782

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Ipswich Museum Inc has recieved totaling $1,650.

Awarding OrganizationAmount
New England Biolabs Foundation

Ipswich, MA

PURPOSE: SALLY'S POND BUTTERFLY MEADOW

$1,600
Christiansbrunn Die Families Der Erde

Pitman, PA

PURPOSE: FOR OPERATION COSTS

$50
View Grant Recipient Profile

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