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Nonprofit · EIN 04-6040661

IPSWICH MUSEUM INC

Tax-exempt · IPSWICH, MA 01938

Financials

$182K$210K2023$222K$224K2024$243K$242K2025
Revenue Expenses · by fiscal year end
Financials of IPSWICH MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$243,434$242,491$943$2,193,497$3,023$2,190,474
December 31, 2024990$221,997$223,959-$1,962$2,027,512$4,606$2,022,906
December 31, 2023990$181,721$209,767-$28,046$1,813,342$31$1,813,311
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$138,553
Membership dues
$31,135
Program service revenue
$14,306
Investment income
$85,022
Net rental income
$200
Net gain from sales of assets
$52,410
Net income from fundraising events
$5,353
Other revenue
$5,553

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$100,600
Salaries, compensation and benefits (total)
$111,041
Professional fundraising fees
$0
Accounting fees
$7,500
Occupancy
$84,788
Program services (functional)
$197,631
Management and general (functional)
$44,166
Fundraising (functional)
$694

Balance sheet and other

Total assets, start of year
$2,027,512
Total assets, end of year
$2,193,497
Total liabilities, end of year
$3,023
Net assets, end of year
$2,190,474
Land, buildings and equipment
$119,535
Publicly traded securities
$1,981,139
Net assets without donor restrictions
$2,068,222
Net assets with donor restrictions
$122,252
Gross receipts
$504,225
Employees
8
Volunteers
45
Year formed
1898
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARCIA GRAYSECRETARY/TRUSTEE
Trustee or director, Officer
4$0
STEPHANIE GASKINSPRESIDENT/TRUSTEE
Trustee or director, Officer
25$0
BOYD FINCHTRUSTEE
Trustee or director
2$0
LAWRENCE PSZENNYTREASURER/TRUSTEE
Trustee or director, Officer
10$0
CARY PERRY2ND VP/TRUSTEE
Trustee or director, Officer
4$0
WILLIAM CALLAHAN1ST VP/TRUSTEE
Trustee or director, Officer
3$0
CONNIE JAMESTRUSTEE
Trustee or director
2$0
TOM BLAKETRUSTEE
Trustee or director
3$0
ANNE CARROLLTRUSTEE
Trustee or director
2$0
SCOTT JEWELLTRUSTEE
Trustee or director
8$0
PHIL GOLDENTRUSTEE
Trustee or director
3$0
CARL SODERLANDTRUSTEE
Trustee or director
3$0
VIRGINIA HUGHESTRUSTEE
Trustee or director
6$0
ALAN SWANTRUSTEE
Trustee or director
3$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
MARCIA GRAYSECRETARY/TRUSTEE
Trustee or director, Officer
4$0
STEPHANIE GASKINSPRESIDENT/TRUSTEE
Trustee or director, Officer
25$0
BOYD FINCHTRUSTEE
Trustee or director
2$0
PRUDENCE MARKOSTRUSTEE
Trustee or director
5$0
LAWRENCE PSZENNYTREASURER/TRUSTEE
Trustee or director, Officer
10$0
CARY PERRY2ND VP/TRUSTEE
Trustee or director, Officer
4$0
WILLIAM CALLAHAN1ST VP/TRUSTEE
Trustee or director, Officer
3$0
CONNIE JAMESTRUSTEE
Trustee or director
2$0
TOM BLAKETRUSTEE
Trustee or director
3$0
ANNE CARROLLTRUSTEE
Trustee or director
2$0
SCOTT JEWELLTRUSTEE
Trustee or director
8$0
PHIL GOLDENTRUSTEE
Trustee or director
2$0
CARL SODERLANDTRUSTEE
Trustee or director
3$0
VIRGINIA HUGHESTRUSTEE
Trustee or director
6$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
MARCIA GRAYSECRETARY/TRUSTEE
Trustee or director, Officer
4$0
STEPHANIE GASKINSPRESIDENT/TRUSTEE
Trustee or director, Officer
25$0
BOYD FINCHTRUSTEE
Trustee or director
2$0
PRUDENCE MARKOSTRUSTEE
Trustee or director
5$0
LAWRENCE PSZENNYTREASURER/TRUSTEE
Trustee or director, Officer
10$0
CARY PERRY2ND VP/TRUSTEE
Trustee or director, Officer
4$0
WILLIAM CALLAHAN1ST VP/TRUSTEE
Trustee or director, Officer
3$0
CONNIE JAMESTRUSTEE
Trustee or director
2$0
TOM BLAKETRUSTEE
Trustee or director
3$0
ANNE CARROLLTRUSTEE
Trustee or director
2$0
SCOTT JEWELLTRUSTEE
Trustee or director
8$0
PHIL GOLDENTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
54 S MAIN ST, IPSWICH, MA 01938-2322
Principal officer (990 for 2025)
LAWRENCE J PSZENNY, 6 SPILLERS LANE, IPSWICH, MA 01938
Signed the 990
LAWRENCE J PSZENNY, TREASURER
Phone
(978) 356-2811
Return prepared by
TSOUTSOURAS & COMPANY PC

Mission

EDUCATE THE PUBLIC REGARDING THE HISTORY OF IPSWICH, MASSACHUSETTS

990 for the year ended December 31, 2025

Program accomplishments

  • OPERATION OF TWO MUSEUM BUILDINGS, THE WATERS MEMORIAL AND WHIPPLE HOUSE, HISTORIC BUILDINGS WITH ANTIQUE FURNISHINGS TO EDUCATE THE PUBLIC REGARDING HISTORY AND THE NEED FOR PRESERVATION OF HISTORIC ARTIFACTS.
    Expenses $197,551 · revenue $8,584
  • BOOK AND COMMEMORATIVE ITEM SALES DOCUMENTING THE HISTORY OF IPSWICH, MA
    Expenses $80 · revenue $3,172
  • OPERATION OF THE DOW ARTS EDUCATION PROGRAM.
    revenue $2,550

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-6040661
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,193,497
Income (IRS master file)
$504,225

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$243,434$242,491$2,193,497XML
990December 2024$221,997$223,959$2,027,512XML
990December 2023$181,721$209,767$1,813,342XML
990December 2022$227,033$204,578$1,643,143IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-6040661).

Questions about IPSWICH MUSEUM INC

What is the EIN of IPSWICH MUSEUM INC?
The employer identification number (EIN) of IPSWICH MUSEUM INC is 04-6040661.
Is IPSWICH MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
Are donations to IPSWICH MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IPSWICH MUSEUM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IPSWICH MUSEUM INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IPSWICH MUSEUM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of IPSWICH MUSEUM INC?
The 990 for the year ended December 31, 2025 names LAWRENCE J PSZENNY.
Who are the officers and directors of IPSWICH MUSEUM INC?
The 990 for the year ended December 31, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does IPSWICH MUSEUM INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $243,434, expenses of $242,491 and total assets of $2,193,497 at year end.

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