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Nonprofit · EIN 06-6006559

AMERICAN CLOCK & WATCH MUSEUM INC

Tax-exempt · BRISTOL, CT 06010

Financials

$632K$311K2023$623K$356K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN CLOCK & WATCH MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$623,318$355,763$267,555$4,615,462$12,635$4,602,827
December 31, 2023990$632,421$310,562$321,859$4,145,482$147,438$3,998,044
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$310,241
Program service revenue
$39,882
Investment income
$252,444
Net gain from sales of assets
$116,847
Net income from sales of inventory
$8,777
Other revenue
$20,751

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$167,511
Salaries, compensation and benefits (total)
$181,523
Professional fundraising fees
$0
Accounting fees
$11,500
Travel
$2,729
Depreciation
$34,790
Program services (functional)
$296,907
Management and general (functional)
$50,887
Fundraising (functional)
$7,969

Balance sheet and other

Total assets, start of year
$4,145,482
Total assets, end of year
$4,615,462
Total liabilities, end of year
$12,635
Net assets, end of year
$4,602,827
Land, buildings and equipment
$808,886
Net assets without donor restrictions
$3,297,296
Net assets with donor restrictions
$1,305,531
Gross unrelated business income
$8,777
Gross receipts
$676,538
Employees
6
Volunteers
44
Year formed
1952

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
PATTI PHILIPPONEXECUTIVE DI
Officer
40$83,472
HOWARD COHEN TERMED MAY 2024PAST PRESIDE
Trustee or director
1$0
MARGARET WIRTES TERMED MAY 2024DIRECTOR
Trustee or director
1$0
RACHEL MULL TERMED MAY 2024DIRECTOR
Trustee or director
1$0
ANDREA ADAMSSECRETARY
Trustee or director, Officer
1$0
LISA ATTLEPRESIDENT
Trustee or director, Officer
1$0
BRIAN BECKWITHDIRECTOR
Trustee or director
1$0
MARK BLUMDIRECTOR
Trustee or director
1$0
KIM BONDESON-CICCARELLOPAST PRESIDE
Trustee or director, Officer
1$0
KATIE D'AGOSTINODIRECTOR
Trustee or director
1$0
GREG GORTONDIRECTOR
Trustee or director
1$0
TOM MANNING JRDIRECTOR
Trustee or director
1$0
RICHARD NEWMANDIRECTOR
Trustee or director
1$0
MICHAEL NICASTROTREASURER
Trustee or director, Officer
1$0
JOHN SMAYDADIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
PATTI PHILIPPONEXECUTIVE DI
Officer
40$79,500
ANDREA ADAMSSECRETARY
Trustee or director, Officer
1$0
LISA ATTLEDIRECTOR
Trustee or director
0.5$0
BRIAN BECKWITHDIRECTOR
Trustee or director
0.5$0
MARK BLUMDIRECTOR
Trustee or director
0.5$0
KIM BONDESON-CICCARELLOPRESIDENT
Trustee or director, Officer
1$0
HOWARD COHENCO-PAST PRES
Trustee or director, Officer
0.5$0
KATIE D'AGOSTINODIRECTOR
Trustee or director
0.5$0
GREG GORTONDIRECTOR
Trustee or director
0.5$0
TOM MANNING JRDIRECTOR
Trustee or director
0.5$0
RACHEL MULIDIRECTOR
Trustee or director
0.5$0
MICHAEL NICASTROTREASURER
Trustee or director, Officer
1$0
MICHAEL RAWLINSDIRECTOR
Trustee or director
0.5$0
JOHN SMAYDACO-PAST PRES
Trustee or director, Officer
0.5$0
MARGARET WIRTESDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
100 MAPLE ST, BRISTOL, CT 06010-5034
In care of
% JILL GODBOUT
Principal officer (990 for 2024)
MICHAEL NICASTRO, 100 MAPLE ST, BRISTOL, CT 06010
Signed the 990
MICHAEL NICASTRO, TREASURER
Phone
(860) 583-6070
Return prepared by
FIONDELLA MILONE & LASARACINA LLP

Mission

THE AMERICAN CLOCK & WATCH MUSEUM CELEBRATES THE INNOVATION AND ARTISTRY OF THE CLOCK AND WATCH INDUSTRIES THROUGH UNIQUE COLLECTIONS THAT ENGAGE, EDUCATE AND ENRICH ITS COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • MUSEUM WAS OPEN 248 DAYS IN 2024 (JANUARY - DECEMBER: WEDNESDAYS THROUGH SUNDAYS FROM 10AM TO 5PM, OTHER HOURS BY APPOINTMENT). DURING THIS TIME, WE HAD OVER 4,000 VISITORS FROM 44 STATES AND WASHINGTON DC AND 18 DIFFERENT COUNTRIES.
    Expenses $224,446 · revenue $22,543
  • THE ACWM MAINTAINS A COLLECTION OF OVER 2,500 CLOCKS AND 3,500 WATCHES, PLUS EPHEMERA AND ARCHIVAL MATERIAL THAT SUPPORT THE MUSEUM'S MISSION.
    Expenses $52,635 · revenue $10,048
  • GIFT SHOP
    Expenses $19,826 · revenue $10,086

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-6006559
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
1954
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,615,462
Income (IRS master file)
$676,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$623,318$355,763$4,615,462IRS
990-TDecember 2024–––IRS
990December 2023$632,421$310,562$4,145,482XML
990-TDecember 2023–––IRS
990December 2022$1,074,055$312,879$3,287,715IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––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 06-6006559).

Questions about AMERICAN CLOCK & WATCH MUSEUM INC

What is the EIN of AMERICAN CLOCK & WATCH MUSEUM INC?
The employer identification number (EIN) of AMERICAN CLOCK & WATCH MUSEUM INC is 06-6006559.
Is AMERICAN CLOCK & WATCH MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1954.
Are donations to AMERICAN CLOCK & WATCH MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN CLOCK & WATCH 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 AMERICAN CLOCK & WATCH MUSEUM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN CLOCK & WATCH MUSEUM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN CLOCK & WATCH MUSEUM INC?
The 990 for the year ended December 31, 2024 names MICHAEL NICASTRO.
Who are the officers and directors of AMERICAN CLOCK & WATCH MUSEUM INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $83,472 (PATTI PHILIPPON, EXECUTIVE DI).
How much revenue does AMERICAN CLOCK & WATCH MUSEUM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $623,318, expenses of $355,763 and total assets of $4,615,462 at year end.

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