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American Clock And Watch Museuminc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 066006559 ✦ Bristol, CT ✦ Designated as a 501(c)(3)

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Overview

What is American Clock And Watch Museuminc?

The American Clock and Watch Museuminc, located at 100 Maple Street, Bristol, Connecticut, is a vibrant nonprofit institution that celebrates the ingenuity and artistic excellence of the clock and watch industries. With a strong commitment to its community, the museum boasts an exceptional collection that engages, educates, and enriches its visitors. In 2022, the museum welcomed visitors from 45 U.S. states, Washington D.C., and 14 different countries, totaling 3,360 guests. With a dedicated team of six employees, the American Clock and Watch Museuminc continues to foster a passion for timekeeping and its rich history.


Official website here: www.clockmuseum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 88% - Three-Star out of Four Star rating

The American Clock and Watch Museum has achieved a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. With a notable score of 90 in this category, the organization demonstrates effective management of its resources and transparency in operations. Key strengths include a fully independent board, no material diversion of assets, and a solid program expense ratio, indicating that a significant portion of their funds is directed towards programmatic efforts.

However, the Culture & Community score of 73 suggests areas for improvement in engagement and outreach within the community. While the museum has established policies that promote good governance, enhancing its cultural engagement could foster a stronger connection with its audience. Overall, the nonprofit's financial health and governance practices are commendable, but there remains an opportunity to bolster its community impact.


This AI summary has been generated from information found on Charity Navigator.

Is American Clock And Watch Museuminc legitimate?

American Clock And Watch Museuminc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Clock And Watch Museuminc 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: $77,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,540

For more financial information, click here


Official website here: www.clockmuseum.org

What is the mission statement of American Clock And Watch Museuminc?

The American Clock and Watch Museum celebrates the innovation and artistry of the clock and watch industries by showcasing unique collections. These collections aim to engage, educate, and enrich the community. The museum's mission is to celebrate the history and craftsmanship of clock and watch making, providing a valuable learning experience for visitors. In 2022, the museum was open for 252 days, welcoming visitors from various states and countries, further demonstrating its commitment to sharing this rich heritage.


Official website here: www.clockmuseum.org

Who is the CEO of American Clock And Watch Museuminc?

Michael Nicastro is the Executive Di of American Clock And Watch Museuminc.


Official website here: www.clockmuseum.org

What is the revenue of American Clock And Watch Museuminc?

American Clock And Watch Museuminc's revenue in 2022 was $1,074,055.


Official website here: www.clockmuseum.org

Who are the executives of American Clock And Watch Museuminc and what are their salaries?

The average compensation at American Clock And Watch Museuminc during 2022 was $24,897. There are 6 employees and 54 volunteers at American Clock And Watch Museuminc.


Here are 15 key members and their salaries:


Patti Philippon (Executive Di)
  • Compensation: $77,844
  • Related: $0
  • Other: $0
Andrea Adams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Attle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Beckwith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Blum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Bondeson-Ciccarello (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Cohen (Co-Past Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie D'Agostino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Gorton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Manning Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Muli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Nicastro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rawlins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Smayda (Co-Past Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Wirtes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.clockmuseum.org

Where can I find the form 990 for American Clock And Watch Museuminc?

American Clock And Watch Museuminc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.clockmuseum.org

Learn more at the official website: www.clockmuseum.org

Mission Statement of American Clock And Watch Museuminc

The American Clock and Watch Museum celebrates the innovative and artistic aspects of the clock and watch industries by showcasing unique collections. This esteemed institution engages, educates, and enriches its community through these collections, fostering a deeper appreciation for the history and craftsmanship involved in these timepieces. The museum's mission is to celebrate the ingenuity and artistry of the clock and watch industries, engaging, educating, and enriching its audience. It achieves this by presenting a diverse range of collections that captivate and inform visitors, thereby promoting a greater understanding of these industries' historical and cultural significance.

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Impact




July, 2024

The American Clock and Watch Museum in Bristol, CT, plays a significant role in celebrating the innovation and artistry of the clock and watch industries. In 2022, the museum was open for 252 days, welcoming 3,360 visitors from 45 states, Washington DC, and 14 different countries. Through its unique collections, the museum engages, educates, and enriches its community by showcasing the rich history and craftsmanship of timekeeping devices. Its impact extends beyond local boundaries, attracting visitors from across the country and around the world who appreciate the art and history of clocks and watches.




This information is meant to be a general summary of American Clock And Watch Museuminc. 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.

Revenue
$1,074,055 (2022)
Expenses
$312,879 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $741,511
  • Program Service Revenue: $178,928
  • Gross Receipts: $1,081,037

Assets and Liabilities:

  • Total Assets: $3,287,715
  • Total Liabilities: $14,141
  • Net Assets: $3,273,574

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES OF COLLECTION ITEMS

Revenue

$150,000

MUSEUM REVENUE

Revenue

$16,244

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$11,876

SALES OF NONCOLLECTION ITEMS

Revenue

$808

Organization Details

Founding Year

1952

Principal Officer

Michael Nicastro

Main Address

100 MAPLE ST, BRISTOL, CT, 06010

NTEE Category

Code: A500 - Arts

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