METROPOLITAN WATERWORKS MUSEUM INC Charity Report

Public IRS 990 nonprofit record

METROPOLITAN WATERWORKS MUSEUM INC

EIN 04-3251784 · Arts, Culture & Humanities (A59Z)

What they do

THE MWM OWNS and OPERATES THE WATERWORKS MUSEUM (THE "MUSEUM") THE MUSEUM is A SINGLE CONDOMINIUM UNIT of THE MUSEUM BUILDING CONDOMINIUM, ONE of FOUR SEPARATE CONDOMINIUM BUILDING REGIMES ON THE SITE. THE FOUR BUILDINGS SHARE CERTAIN OPERATING RESPONSIBILITIES THROUGH AN ADMINISTRATIVE TRUST (THE WATERWORKS AT CHESTNUT HILL TRUST), and THE COMPLEX is COMMONLY KNOWN AS THE WATERWORKS AT CHESTNUT HILL. THE SITE WAS PREVIOUSLY THE CHESTNUT HILL WATERWORKS, OWNED BY THE COMMONWEALTH of MASSACHUSETTS, and DISPOSED of IN ACCORDANCE WITH 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, MWM PROVIDES PUBLIC ACCESS to THE MUSEUM AT NO FEE, and to THE COMMUNITY ROOM AT A MARGINAL COST RECOVERY CH

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

104.64%of revenue went to mission work91.9% of expenses · Program services

0.62%of revenue went to fundraising0.5% of expenses

$113.83spent for every $100 of revenueSpending was higher than revenue this year.

8.56%of revenue went to management and office costs7.5% of expenses

$4.19in assets for every $1 spent this yearSome assets cannot be spent right away.

98.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $89,441 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $78,755 for ERIC PETERSON (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$646,844

Mission workProgram services$676,853104.64% of revenue91.9% of expenses

ManagementOffice and general costs$55,4018.56% of revenue7.5% of expenses

FundraisingAsking for donations$4,0310.62% of revenue0.5% of expenses

Total expenses$736,285113.83% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.9% mission · 7.5% management · 0.5% fundraisingTotal expenses: 113.83% of revenue

2023Expense mix: 89.9% mission · 9.5% management · 0.6% fundraisingTotal expenses: 133.55% of revenue

2022Expense mix: 89.3% mission · 10.2% management · 0.5% fundraisingTotal expenses: 116.59% of revenue

2021Expense mix: 89.2% mission · 10.1% management · 0.7% fundraisingTotal expenses: 100.98% of revenue

2020Expense mix: 90.2% mission · 9.1% management · 0.6% fundraisingTotal expenses: 117.06% of revenue

2019Expense mix: 90.0% mission · 9.3% management · 0.7% fundraisingTotal expenses: 121.32% of revenue

2018Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 104.28% of revenue

2017Expense mix: 85.0% mission · 15.0% management · 0.0% fundraisingTotal expenses: 151.33% of revenue

Money in and money out

Revenue$646,844

Expenses$736,285

Annual shortfall $89,441 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$676,853 · 91.9% of expenses

Management and office costs$55,401 · 7.5% of expenses

Fundraising$4,031 · 0.5% of expenses

See all reported dollar amounts

Revenue$646,844

Expenses$736,285

Assets$3,081,420

Income$646,844

Contributions$633,712

Mission work (program services)$676,853

Fundraising$4,031

Management and general$55,401

Executive compensation (total)$53,268

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ERIC PETERSONEXECUTIVE DIRECTOR · 40 hrs/week $78,755

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

ERIC PETERSONEXECUTIVE DIRECTOR

ADAM YANULISDIRECTOR

DENNIS J DEWITTDIRECTOR

EDWARD BERGERDIRECTOR

ELAINE C PIERCEDIRECTOR

JOHN FREEMANDIRECTOR

KATHERINE BURTON JONESCLERK

KRISTEN KINGDIRECTOR

MARION PRESSLEYDIRECTOR

MARTIN PERLMUTTERPRESIDENT/INTERIM TREASURER

RAYMOND J RAPOSADIRECTOR

ROGER BLOODDIRECTOR

STEPHEN ESTES-SMARGIASSIDIRECTOR

About this charity

Recognized since: January 1995
Location: 2450 BEACON ST, CHESTNUT HILL, MA 02467-1460
County: Middlesex
In care of: MARTIN PERLMITTER
Primary officer: MARTIN PERLMITTER, PRESIDENT/INTERUM TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(617) 277-0065

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RAFFOL AND COMPANY INC
NTEE classification: Arts, Culture & Humanities (A59Z)
IRS tax category: Other Grantmaking and Giving Services