philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

American Precision Museum Association

Tax-deductible

Windsor, VT501(c)(3)Arts & CultureEIN 03-0218096Revenue $1.8M in FY2025

On file with the IRSamericanprecision.org196 Main St, 05089-1312 · Windsor, VTTax-exempt since Jul 1966Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To capture the imaginations of young and old with the spirit of innovation, problem solving and design demonstrated through the dynamic story of the machines and people which form the foundation and future of the manufacturing industry in america.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Run by 4 volunteers and 10 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $233K a year · 19% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 10% of spending
Top officer’s pay lower than 61% of similar orgs
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $154K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$136K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+82% vs prior year
Spent
$1.1M
To programs
63%
Net assets
$3.0M
By yearFY2021–FY2025
Revenue
$1.8M
FY2025▲ +82%
Tap a bar for its year
Revenue by fiscal year
FY2021$721K
FY2022$768K
FY2023$1.8M
FY2024$1.0M
FY2025$1.8M
Expenses
$1.1M
FY2025▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2021$752K
FY2022$751K
FY2023$943K
FY2024$1.4M
FY2025$1.1M
Net assets
$3.0M
FY2025▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.0M
FY2022$1.9M
FY2023$2.7M
FY2024$2.5M
FY2025$3.0M

From the FY2025 Form 990 (year ending April 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $696K Management & general 18% · $197K Fundraising 20% · $219K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

16 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Steven Dalessio
Executive Director
$108,000Pt VII · Sec A
$0Pt VII · Sec A
Bill Lynn
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Greg Jones
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Steven Dalessio’s $108K as Executive Director is at the 39th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Steve Dalessio—$108,000$108,000$108,000$112,154
Steven Dalessio$108,000————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See American Precision Museum Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires innovation and problem-solving by sharing the dynamic story of American manufacturing.

Questions for American Precision Museum Association

Tap to ask. American Precision Museum Association sees how many people are interested.

Your first name shows with your question. American Precision Museum Association answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $696K · in their own filed words · FY2024
01

The operation of a museum, and the preservation and maintenance of a historic building, collections, and archives. The museum conducts educational programs associated with the collection for the general public. The museum served 6,284 visitors in fiscal year 2025, including 205 members.

$696Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
National Philanthropic TrustFY2024$85K
Fidelity Investments Charitable Gift FundFY2024$33K
Donor Advised Charitable Giving INCFY2024$22K
The United Way of Southwestern PennsylvaniaFY2024$10K
Brooks and Joan Fortune Family Foundation INCFY2024$5K
Total grants receivedfrom 5 funders$154K
See all 5 funders →

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$1.5M
Investment incomeLn 3$264K
Fees for servicesLn 2g$41K
Money outPt IX
$1.1M
Ln 25
Programscol B$696K
Managementcol C$197K
Fundraisingcol D$219K
Owns and owesPt X
$3.0M
net assets · Ln 32
Cash and savingsLn 1–2$87K
Total assetsLn 16$3.2M
LiabilitiesLn 26$136K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Fees for servicesLn 2g$41K
Investment incomeLn 3$264K
Other incomeLn 4–11$40K
Gains on assetsLn 7$205K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$72K
SavingsLn 2$15K
Cash and savings togetherLn 1–2$87K
InvestmentsLn 11–13$2.1M
Land, buildings, equipmentLn 10c$505K
Total assetsLn 16$3.2M
LiabilitiesLn 26$136K
Net assetsLn 32$3.0M
OperationsPt I, VI
EmployeesI 510
VolunteersI 64
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$842K$87K
InvestmentsLn 11–13$951K$2.1M
Land, buildings, equipmentLn 10c$361K$505K
Total assetsLn 16$2.5M$3.2M
LiabilitiesLn 26$37K$136K
Net assetsLn 32$2.5M$3.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$11K$86K$11K
Other salaries and wagesLn 7$406K$298K$16K$92K
Other employee benefitsLn 9$13K$8K$3K$3K
Payroll taxesLn 10$50K$30K$10K$10K
Accounting feesLn 11c$22K$22K
Investment management feesLn 11f$12K$12K
Other fees for servicesLn 11g$106K$10K$5K$92K
Advertising and promotionLn 12$29K$22K$7K
Office expensesLn 13$29K$24K$3K$1K
OccupancyLn 16$56K$51K$4K$2K
Conferences, conventions and meetingsLn 19$29K$29K
Depreciation, depletion and amortizationLn 22$88K$83K$4K
InsuranceLn 23$26K$22K$3K$1K
Other expenses (24a–d)Ln 24$139K$138K$626
Total functional expensesLn 25$1.1M$696K$197K$219K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.8M$1.1M$719K$3.0M 990 PDF
FY2024 $1.0M$1.4M−$363K$2.5M 990 PDF
FY2023 $1.8M$943K$821K$2.7M 990 PDF
FY2022 $768K$751K$17K$1.9M 990 PDF
FY2021 $721K$752K−$31K$2.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,831,203 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $849,292$1,486,006
I-9 Program service revenuePrior year $83,452$41,479
I-10 Investment incomePrior year $52,684$264,173
I-11 Other revenuePrior year $20,194$39,545
I-12 Total revenuePrior year $1,005,622$1,831,203
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $491,725$576,651
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $876,944$535,301
I-18 Total expensesPrior year $1,368,669$1,111,952
I-19 Revenue less expensesPrior year −$363,047$719,251
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,831,203 across 9 lines filed
Lines not itemized here account for $32,111 of total revenue; see the IRS return.
VIII-1b Membership dues$207,653
VIII-1f All other contributions, gifts and grants$1,278,353
VIII-1h Total contributions, gifts and grants$1,486,006
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $41,479$41,479
VIII-3 Investment incomeExcluded from tax $59,218$59,218
VIII-7 Net gain or loss on sales of assetsExcluded from tax $204,955$204,955
VIII-8 Net income from fundraising eventsExcluded from tax $1,963$1,963
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,471$5,471
VIII-12 Total revenueRelated to mission $79,061 · Unrelated business $0 · Excluded from tax $266,136$1,831,203
Part IX · Statement of functional expenses $1,111,952 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $10,800 · Management $86,400 · Fundraising $10,800$108,000
IX-7 Other salaries and wagesPrograms $297,698 · Management $16,432 · Fundraising $92,032$406,162
IX-9 Other employee benefitsPrograms $7,686 · Management $2,562 · Fundraising $2,562$12,810
IX-10 Payroll taxesPrograms $29,807 · Management $9,936 · Fundraising $9,936$49,679
IX-11c Accounting feesManagement $21,600$21,600
IX-11f Investment management feesManagement $11,893$11,893
IX-11g Other fees for servicesPrograms $9,657 · Management $4,501 · Fundraising $91,854$106,012
IX-12 Advertising and promotionPrograms $21,610 · Fundraising $7,204$28,814
IX-13 Office expensesPrograms $24,320 · Management $2,861 · Fundraising $1,431$28,612
IX-16 OccupancyPrograms $50,516 · Management $4,396 · Fundraising $1,572$56,484
IX-19 Conferences, conventions and meetingsManagement $29,224$29,224
IX-22 Depreciation, depletion and amortizationPrograms $83,298 · Management $4,384$87,682
IX-23 InsurancePrograms $21,995 · Management $2,588 · Fundraising $1,293$25,876
IX-24 Other expenses (24a–d)Programs $138,478 · Fundraising $626$139,104
IX-25 Total functional expensesPrograms $695,865 · Management $196,777 · Fundraising $219,310$1,111,952
Part X · Balance sheet $3,158,053 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $114,828$72,059
X-2 Savings and temporary cash investmentsStart of year $727,656$15,036
X-3 Pledges and grants receivableStart of year $294,000$430,500
X-8 Inventories for sale or useStart of year $9,851$20,741
X-9 Prepaid expenses and deferred chargesStart of year $7,156$5,167
X-10c Land, buildings and equipment, netStart of year $361,008$505,289
X-11 Publicly traded securitiesStart of year $950,558$2,109,261
X-16 Total assetsStart of year $2,508,758$3,158,053
X-17 Accounts payable and accrued expensesStart of year $36,662$49,170
X-19 Deferred revenue$86,576
X-26 Total liabilitiesStart of year $36,662$135,746
X-27 Net assets without donor restrictionsStart of year $640,153$776,364
X-28 Net assets with donor restrictionsStart of year $1,831,943$2,245,943
X-32 Total net assets or fund balancesStart of year $2,472,096$3,022,307
X-33 Total liabilities and net assetsStart of year $2,508,758$3,158,053
Part XI · Reconciliation of net assets $3,022,307 net assets at year end
XI-1 Total revenue$1,831,203
XI-2 Total expenses$1,111,952
XI-3 Revenue less expenses$719,251
XI-4 Net assets at start of year$2,472,096
XI-5 Net unrealized gains (losses) on investments−$173,745
XI-8 Prior period adjustments$4,705
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,022,307

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.