Waterworks Preservation Trust Inc

Organization Overview

Waterworks Preservation Trust Inc is located in Chestnut Hill, MA. The organization was established in 2009. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterworks Preservation Trust Inc 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, Waterworks Preservation Trust Inc generated $650.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $395.5k during the year ending 12/2021. While expenses have increased by 19.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WATERWORKS PRESERVATION TRUST, INC., PURSUANT TO PROVISIONS OF THE 2005 LAND DISPOSITION AGREEMENT, AS AMENDED, THAT PRESCRIBE ITS FIDUCIARY RESPONSIBILITIES, ACTS AS A TRUSTEE FOR THE ENDOWMENT THAT BENEFITS THE METROPOLITAN WATERWORKS MUSEUM, INC

Describe the Organization's Program Activity:

Part 3 - Line 4a

WATERWORKS PRESERVATION TRUST, INC., PURSUANT TO PROVISIONS OF THE 2005 LAND DISPOSITION AGREEMENT, AS AMENDED, THAT PRESCRIBE ITS FIDUCIARY RESPONSIBILITIES, ACTS AS A TRUSTEE FOR THE ENDOWMENT THAT BENEFITS THE METROPOLITAN WATERWORKS MUSEUM, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Elaine C Pierce
President
$0
Dennis Dewitt
Treasurer
$0
Roger Blood
Secretary
$0
Edward Berger
Director
$0
Stephen Rosenthal
Director
$0
William Luzier Jr
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$325,609
Investment income $324,864
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $650,473

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