Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1954.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
15 people listed on the 990; $83K paid to officers and key staff.
Patti Philippon’s $83K as Executive Di is at the 78th percentile of top reported officer pay among 2215 $100K–1M 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Patti Philippon | $83,472 | $79,500 | $77,844 | $82,585 | $75,085 |
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.
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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 15aYes
Programs and updates
Showcases clock and watch innovation and artistry through unique collections.
Questions for American Clock & Watch Museum INC
Your first name shows with your question. American Clock & Watch Museum INC answers here, for everyone.
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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.
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.
Gift shop
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $130K | $46K |
| InvestmentsLn 11–13 | $3.3M | $3.7M |
| Land, buildings, equipmentLn 10c | $747K | $809K |
| Total assetsLn 16 | $4.1M | $4.6M |
| LiabilitiesLn 26 | $147K | $13K |
| Net assetsLn 32 | $4.0M | $4.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $168K | $131K | $37K | |
| Other employee benefitsLn 9 | $1K | $1K | $86 | |
| Payroll taxesLn 10 | $13K | $10K | $3K | |
| Accounting feesLn 11c | $12K | $12K | ||
| Investment management feesLn 11f | $4K | $4K | ||
| Other fees for servicesLn 11g | $26K | $17K | $4K | $5K |
| Advertising and promotionLn 12 | $280 | $280 | ||
| Office expensesLn 13 | $2K | $2K | ||
| Information technologyLn 14 | $10K | $10K | ||
| TravelLn 17 | $3K | $3K | ||
| Conferences, conventions and meetingsLn 19 | $969 | $945 | $24 | |
| Depreciation, depletion and amortizationLn 22 | $35K | $35K | ||
| InsuranceLn 23 | $27K | $26K | $350 | |
| Other expenses (24a–d)Ln 24 | $47K | $42K | $3K | $2K |
| All other expensesLn 24e | $7K | $6K | $563 | |
| Total functional expensesLn 25 | $356K | $297K | $51K | $8K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $623K | $356K | $268K | $4.6M | 990 PDF |
| FY2023 | $632K | $311K | $322K | $4.0M | 990 PDF |
| FY2022 | $1.1M | $313K | $761K | $3.3M | 990 PDF |
| FY2021 | $413K | $281K | $132K | $4.0M | 990 PDF |
| FY2020 | $386K | $269K | $116K | $3.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $623,318 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, 1 to look at
Part VIII · Statement of revenue $623,318 across 8 lines filed
Part IX · Statement of functional expenses $355,763 across 15 lines filed
Part X · Balance sheet $4,615,462 assets, 14 lines filed
Part XI · Reconciliation of net assets $4,602,827 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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