Overview
What is Metropolitan Waterworks Museum Inc?
The Metropolitan Waterworks Museum Inc, located in Chestnut Hill, Massachusetts, is a dedicated educational nonprofit organization. Its primary focus is preserving and promoting learning at the Waterworks Museum, which houses three historic steam pumping engines installed between 1894 and 1921: the Allis, the Worthington, and the Leavitt. The museum, considered a single condominium unit, is open to the public at no cost and offers a community meeting room for a marginal fee. The museum is part of a larger, historic site known as the Waterworks at Chestnut Hill, which includes four separate condominium building regimes. The site has significant historical importance, being listed on the National Register of Historic Places and designated as a City of Boston landmark. The Metropolitan Waterworks Museum Inc's mission is to maintain and share this important industrial heritage while providing public access to these historic artifacts.
Official website here: www.waterworksmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Metropolitan Waterworks Museum Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. This rating is based solely on the organization's scores in the Accountability & Finance beacon, indicating that the museum adheres to high standards in these areas. The organization has maintained an impressive 89.55% program expense ratio, showcasing effective allocation of resources toward its mission.
Strengths of the museum include a fully independent board of directors, which is crucial for governance and ensures that decisions are made in the best interest of the organization and its stakeholders. The board consists entirely of independent members, further enhancing its oversight capabilities. Additionally, the organization has established comprehensive policies, including conflict of interest and whistleblower policies, contributing to a culture of transparency and ethical management.
While the museum's financial practices stand out positively, it's important for potential donors and supporters to consider how these strengths translate into programmatic impact. As the organization continues to uphold these financial standards, ongoing evaluation of its mission-related effectiveness will be essential to ensure long-term sustainability and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Waterworks Museum Inc legitimate?
Metropolitan Waterworks Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Waterworks Museum Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $78,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,681
For more financial information, click here
Official website here: www.waterworksmuseum.org
What is the mission statement of Metropolitan Waterworks Museum Inc?
Metropolitan Waterworks Museum Inc operates and maintains the Waterworks Museum, which includes a community meeting room. The museum, a single condominium unit within the Museum Building Condominium, is one of four separate building regimes on the site. These buildings share certain operational responsibilities through an administrative trust, known as the Waterworks at Chestnut Hill Trust. The complex, formerly known as the Chestnut Hill Waterworks, was owned by the Commonwealth of Massachusetts and was disposed of according to 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, the museum provides free public access to the museum and the community.
Official website here: www.waterworksmuseum.org
Who is the CEO of Metropolitan Waterworks Museum Inc?
Raymond Raposa is the Director of Metropolitan Waterworks Museum Inc.
Official website here: www.waterworksmuseum.org
What is the revenue of Metropolitan Waterworks Museum Inc?
Metropolitan Waterworks Museum Inc's revenue in 2022 was $552,744.
Official website here: www.waterworksmuseum.org
Who are the executives of Metropolitan Waterworks Museum Inc and what are their salaries?
The average compensation at Metropolitan Waterworks Museum Inc during 2022 was $33,909. There are 7 employees and 5 volunteers at Metropolitan Waterworks Museum Inc.
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Official website here: www.waterworksmuseum.org
Where can I find the form 990 for Metropolitan Waterworks Museum Inc?
Metropolitan Waterworks Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waterworksmuseum.org
Learn more at the official website: www.waterworksmuseum.org
Mission Statement of Metropolitan Waterworks Museum Inc
Metropolitan Waterworks Museum Inc, also known as MWM, is a nonprofit organization that proudly manages and operates the Waterworks Museum. This museum, serving as a single condominium unit within the Museum Building Condominium, is one of four separate regimes on a shared site. The organization's mission is deeply rooted in preserving and sharing the historical significance of the site, which was formerly known as the Chestnut Hill Waterworks and was later disposed of in accordance with the LDA.
MWM's primary responsibility lies in the maintenance and operation of the Waterworks Museum, which houses three historic steam pumping engines installed between 1894 and 1921 - the Allis, the Worthington, and the Leavitt. This museum, along with three other buildings and the adjacent Chestnut Hill Reservoir, holds a significant place on the National Register of Historic Places and is recognized as a designated City of Boston landmark.
In line with the Land Disposition Agreement (LDA), MWM is committed to providing the public with free access to the museum and the community meeting room. By doing so, MWM ensures that the rich history and heritage it preserves can be shared and appreciated by all, fostering a sense of community and education around the historical importance of the waterworks.
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Impact
July, 2024
Metropolitan Waterworks Museum Inc's impact extends beyond its historical preservation efforts. By providing public access to the museum at no cost and offering a community meeting room at a marginal cost recovery charge, the organization is fostering educational opportunities for individuals. The museum's mission to promote learning and preserve industrial archaeology not only enriches the local community in Chestnut Hill, MA but also attracts visitors interested in the history of waterworks and engineering. Additionally, the Metropolitan Waterworks Museum's status as a designated City of Boston landmark and its listing on the National Register of Historic Places contribute to the cultural heritage of the region, making it a significant cultural and educational hub.
This information is meant to be a general summary of Metropolitan Waterworks Museum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $87,434
- Gross Receipts: $552,744
Assets and Liabilities:
- Total Assets: $3,352,610
- Total Liabilities: $83,130
- Net Assets: $3,269,480
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$87,434
Organization Details
Founding Year
1991
Phone
(617) 277-0065Principal Officer
Raymond Raposa
Main Address
2450 BEACON STREET, CHESTNUT HILL, MA, 02467
Website
www.waterworksmuseum.orgNTEE Category
Code: A59Z - Arts
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