The Wright Museum Of World War Ii
- Assets
- $6.1m
- Revenue
- $1.2m
- Investments
- $2.7m
- Employees
- 7
- Location
- Wolfeboro, NH
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 27-4362364
Organization Overview
The Wright Museum Of World War Ii is located in Wolfeboro, NH. The organization was established in 2011. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Wright Museum Of World War Ii employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wright Museum Of World War Ii 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, Wright Museum Of World War Ii generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $737.7k during the year ending 12/2021. While expenses have increased by 4.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WRIGHT MUSEUM OF WWII STRIVES TO CREATE AN APPRECIATION OF THE CONTRIBUTIONS ON THE HOME FRONT MADE BY WORLD WAR II-ERA AMERICANS, USING EDUCATIONAL PROGRAMMING AND RELATED EXHIBITIONS IN A NEWLY RENOVATED FACILITY. THE MUSEUMS MISSION IS FOUNDED ON PRESERVING AND PRESENTING ITS EXTENSIVE PERMANENT COLLECTION OF 19391945 ERA ITEMS, INCLUDING FULLY OPERATIONAL MILITARY VEHICLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM IS PRINCIPALLY AN EDUCATIONAL INSTITUTION, DISPLAYING WWII-ERA HISTORICAL AND CULTURAL ITEMS; HOSTING AND CREATING EXHIBITIONS; AND OFFERING EDUCATIONAL PROGRAMS ON DIVERSE SUBJECTS. IN 2021, 17,682 INDIVIDUALS VISITED THE MUSEUM, WITH 14% OF THAT TOTAL BEING SCHOOL-AGE STUDENTS. IN 2021, THE MUSEUM HOSTED TWO SPECIAL EXHIBITIONS: ONE EXHIBIT WAS CURATED BY THE MUSEUM STAFF, AND THE OTHER EXHIBIT WAS CREATED BY THE NATIONAL ENDOWMENT FOR THE HUMANITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Culver Executive Dir. | Trustee | 50 | $105,363 |
Dr Michael Cooper Vice President | Officer | 2 | $0 |
Anne Blodget President | Officer | 13 | $0 |
Donna Seigel Secretary | Officer | 1 | $0 |
Andrew Mako Treasurer | Officer | 7 | $0 |
Stephen Farley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,078 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,256 |
| Noncash contributions included in lines 1a–1f | $13,137 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,334 |
| Total Program Service Revenue | $250,264 |
| Investment income | $55,044 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,969 |
| Net Gain/Loss on Asset Sales | $542,898 |
| Net Income from Fundraising Events | $6,352 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,189,861 |
| 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. | $105,363 |
| Compensation of current officers, directors, key employees. | $34,770 |
| Compensation to disqualified persons | $111,016 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,995 |
| Payroll taxes | $17,190 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,469 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,373 |
| Fees for services: Other | $47,608 |
| Advertising and promotion | $44,991 |
| Office expenses | $17,232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $133,189 |
| 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 | $148,423 |
| Insurance | $0 |
| All other expenses | $5,993 |
| Total functional expenses | $737,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $387,103 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $76,415 |
| Accounts receivable, net | $4,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,261 |
| Prepaid expenses and deferred charges | $5,000 |
| Net Land, buildings, and equipment | $2,923,520 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,674,638 |
| Investments—program-related | $0 |
| Intangible assets | $3,393 |
| Other assets | $0 |
| Total assets | $6,083,330 |
| Accounts payable and accrued expenses | $10,510 |
| 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 | $119,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $212 |
| Total liabilities | $129,722 |
| Net assets without donor restrictions | $4,869,931 |
| Net assets with donor restrictions | $1,083,677 |
| 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 | $6,083,330 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Wright Museum Of World War Ii has recieved totaling $54,337.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For general support, purchase critically important technology infrastructure | $29,250 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $23,500 |
Burnham Foundation Inc Boston, MA PURPOSE: GENERAL FUND | $1,500 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $60 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Endowment Analysis
| Beg. Balance | $3,181,493 |
| Earnings | $289,501 |
| Net Contributions | $65,126 |
| Other Expense | $681,387 |
| Ending Balance | $2,854,733 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Foundation For The Arts Inc Boston, MA | $37,132,144 | $19,074,510 |
Friends Of Bafta Us Inc Newton, MA | $772,944 | $2,742,181 |
Care 2 Communities Inc Boston, MA | $573,916 | $1,121,601 |
The Wright Museum Of World War Ii Wolfeboro, NH | $6,083,330 | $1,189,861 |
Edwin Ginn Tr Art Xv Newbury Samuel P Etal Ttees Boston, MA | $7,811,701 | $1,130,793 |
Brookfield Arts Foundation Boston, MA | $290,733,793 | $3,562,084 |
The Cloud Artscience Foundation Cambridge, MA | $4,068,976 | $317,017 |
Ellen R Cohen Charitable Tr Newton, MA | $3,348,367 | $165,101 |
White Family Foundation Weston, MA | $6,436,374 | $352,170 |
Frank C & Christel W Nichols Ch Fd Boston, MA | $4,895,317 | $102,004 |
Albert N Parlin Tr U Art 3 Timothy F Fidgeon Etal Tr Boston, MA | $3,706,567 | $588,123 |
Lachaise Foundation Boston, MA | $3,943,991 | $202,990 |