Water Mill Museum

Organization Overview

Water Mill Museum is located in Water Mill, NY. The organization was established in 2000. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Mill Museum 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 12/2023, Water Mill Museum generated $117.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $145.6k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE ITS HISTORIC WATER-POWERED GRIST MILL, THE OTHER BUILDINGS AT ITS SITE, ITS MUSEUM COLLECTION AND INFORM THE PUBLIC ABOUT THE HISTORY OF THE MILL, THE HAMLET OF WATER MILL AND THE HAMLET'S CULTURAL AND NATURAL HERITAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WATERMILL MUSEUM PRESERVES AND RESTORES A WORKING WATERMILL THAT IS USED FOR THE GRINDING OF GRAIN AND DEMONSTRATIONS TO THE PUBLIC. THIS MILL HAS BEEN DESIGNATED AS A HISTORIC STRUCTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Sandy Raynor
President
$0
Donna Liehr
Vice President
$0
Anita Bishop
Corresponding Secretary
$0
Cindy Corwith
Recording Secretary
$0
Charles Halsey
Treasurer
$0
Sherrill Adams
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,281
Fundraising events$0
Related organizations$0
Government grants $60,500
All other contributions, gifts, grants, and similar amounts not included above$35,863
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$100,644
Total Program Service Revenue$0
Investment income $7,102
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,310
Net Gain/Loss on Asset Sales $2,116
Net Income from Fundraising Events $315
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $117,487

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