FITCHBURG ART MUSEUM Charity Report

Public IRS 990 nonprofit record

FITCHBURG ART MUSEUM

EIN 04-6111758 · Arts, Culture & Humanities (A510)

What they do

THE MISSION of THE FITCHBURG ART MUSEUM is to INSPIRE CREATIVITY and LEARNING, and to CONTRIBUTE to THE WELL-BEING of OUR DIVERSE COMMUNITIES IN FITCHBURG, NORTH CENTRAL MASSACHUSETTS, and NEW ENGLAND. to ACCOMPLISH THE MISSION, WE ORGANIZE EXHIBITIONS of THE WORK of NEW ENGLAND CONTEMPORARY ARTISTS and ARTWORKS FROM OUR HISTORICAL COLLECTIONS, OFFER PROGRAMS for LEARNERS of ALL AGES, SUPPORT PUBLIC ART PROJECTS, INVITE COMMUNITY PARTICIPATION and PARTNERSHIPS, and STIMULATE THE CREATIVE ECONOMY - ALL IN THE SPIRIT of INCLUSIVITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.50 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 leaders29 people are listed in the latest report.

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

Money made simple

56.61%of revenue went to mission work62.5% of expenses · Program services

12.24%of revenue went to fundraising13.5% of expenses

$90.59spent for every $100 of revenueRevenue covered expenses this year.

21.74%of revenue went to management and office costs24.0% of expenses

$12.00in assets for every $1 spent this yearSome assets cannot be spent right away.

46.8%of its money came from giftsOther money may come from services or investments.

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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.

Pay context: The highest compensation shown in this filing is $129,808 for NICHOLAS CAPASSO (MUSEUM 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$2,378,081

Mission workProgram services$1,346,29256.61% of revenue62.5% of expenses

ManagementOffice and general costs$517,00621.74% of revenue24.0% of expenses

FundraisingAsking for donations$290,96712.24% of revenue13.5% of expenses

Revenue left after expensesReported annual surplus$223,8169.41% of revenueShown in gray on the chart

Total expenses$2,154,26590.59% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 62.5% mission · 24.0% management · 13.5% fundraisingTotal expenses: 90.59% of revenue

2023Expense mix: 64.5% mission · 22.9% management · 12.7% fundraisingTotal expenses: 126.93% of revenue

2022Expense mix: 64.6% mission · 20.4% management · 15.0% fundraisingTotal expenses: 123.52% of revenue

2021Expense mix: 67.0% mission · 18.5% management · 14.5% fundraisingTotal expenses: 50.58% of revenue

2020Expense mix: 64.4% mission · 20.0% management · 15.6% fundraisingTotal expenses: 29.66% of revenue

2019Expense mix: 62.7% mission · 20.9% management · 16.4% fundraisingTotal expenses: 99.97% of revenue

2018Expense mix: 61.2% mission · 22.3% management · 16.4% fundraisingTotal expenses: 51.55% of revenue

2017Expense mix: 59.7% mission · 23.0% management · 17.3% fundraisingTotal expenses: 152.83% of revenue

Money in and money out

Revenue$2,378,081

Expenses$2,154,265

Annual surplus $223,816 Revenue was higher than expenses 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)$1,346,292 · 62.5% of expenses

Management and office costs$517,006 · 24.0% of expenses

Fundraising$290,967 · 13.5% of expenses

See all reported dollar amounts

Revenue$2,378,081

Expenses$2,154,265

Assets$25,859,623

Income$9,789,809

Contributions$1,113,502

Mission work (program services)$1,346,292

Fundraising$290,967

Management and general$517,006

Executive compensation (total)$118,168

Stocks and bonds$21,654,286

Accounting fees$68,699

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

NICHOLAS CAPASSOMUSEUM DIRECTOR · 40 hrs/week $129,808

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 (29)

NICHOLAS CAPASSOMUSEUM DIRECTOR

NADINE MARTELTRUSTEE (DECEASED IN FY25)

WILLIAM MCSHEEHYTRUSTEE

THOMAS DICONZAVICE PRESIDENT

SUSAN CHALIFOUX ZEPHYRTRUSTEE (RESIGNED IN FY25)

SUSAN SALEMTRUSTEE

SUSAN ROETZERTRUSTEE (DECEASED IN FY25)

RODERICK LEWINTRUSTEE

ROBERT JOKELATRUSTEE

ROBERT GALLOTREASURER

RICHARD NDITRUSTEE (RESIGNED IN FY25)

RACHEL LOPEZTRUSTEE

PETER LAYTINTRUSTEE

PATRICIA MARSHALLTRUSTEE (RESIGNED IN FY25)

NADINE PRICEPRESIDENT

ACHLA MADANTRUSTEE

MICHAEL DEMARCOTRUSTEE

MARTIN MCNAMARATRUSTEE

LUISA FERNANDEZTRUSTEE

LANEIA THOMASTRUSTEE

KAREN SPINELLISECRETARY

JOSEPH SYLVIATRUSTEE (RESIGNED IN FY25)

HOLLY ELISSA BRUNOTRUSTEE

GALE HURDTREASURER

DONNA HODGETRUSTEE

DANIELA RIVERATRUSTEE

CAROL CANNERTRUSTEE

ANTHONY ZARRELLATRUSTEE

ANNA CLEMENTITRUSTEE

About this charity

Recognized since: January 1948
Location: 185 ELM STREET, FITCHBURG, MA 01420
County: Worcester
In care of: NICHOLAS CAPASSO
Primary officer: NICHOLAS CAPASSO, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@fitchburgartmuseum.org Phone(978) 345-4207

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KAHN LITWIN RENZA & CO LTD
NTEE classification: Arts, Culture & Humanities (A510)
IRS tax category: Museums