Cape Ann Museum

Gloucester, MA · EIN 04-2143545 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

Cape Ann Museum reported $11.5 million in revenue and $3.9 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $67.47 went to program services, $14.93 to management and general costs and $17.60 to fundraising. Its largest source of revenue was contributions and grants: 81.9% of the total. The highest compensation it reported for one person was $254,800 (MUSEUM DIRECTOR). 3 people received more than $100,000 in reportable compensation. Revenue rose 47% between 2019 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $3.9M

Program services$67.47 $2.7M
Management & general$14.93 $587K
Fundraising$17.60 $692K

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $11M

Contributions & grants (non-government)$76.73 $8.8M
Government grants$4.79 $553K
Program service revenue$0.52 $60,221
Investment income$17.96 $2.1M

Other revenue was negative: −$48,159. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	67.5%	78.5%
Management & general Part IX 25(C) ÷ 25(A)	14.9%	13.6%
Fundraising Part IX 25(D) ÷ 25(A)	17.6%	6.0%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.07	$0.10
Contributions & grants share of revenue Part VIII 1h ÷ 12	81.9%	57.5%
Government grants share of revenue Part VIII 1e ÷ 12	4.8%	1.7%
Program service revenue share Part VIII 2g ÷ 12	0.5%	20.8%
Highest reported compensation Part VII-A, columns D–F	$254,800	$385,706
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	6.48%	2.03%
People paid over $100,000 Part VII, line 2	3	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	116.8	36.6
Independent voting board members Part VI 1a–1b	23 of 23	100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense

$2.7M expenses · 100.0% of program spending · revenue $61,547

Purposes are ownership, operation, collection and preservation of historical buildings, objects, records and works of art all related to Cape Ann. The museum exhibits and offers educational programming focusing on its collections for the benefit of its members and the general public

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
MUSEUM DIRECTOR Listed in Part VII, 40.00 hrs/week	$245,000	$0	$9,800	$254,800
DEVELOPMENT DIR Listed in Part VII, 40.00 hrs/week	$148,550	$0	$12,189	$160,739
CURATOR Listed in Part VII, 40.00 hrs/week	$103,200	$0	$4,128	$107,328
Director Director/trustee, 1.00 hrs/week	$7,614	$0	$0	$7,614

3 people received more than $100,000 in reportable compensation from Cape Ann Museum (Part VII, line 2). Compensation of current officers, directors and key employees totaled $234K (Part IX, line 5).

7 filings since 2019

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$11M	$3.9M	67.5%	$38M	$254,800
FY2024 (3 mo.) ⓘ	$1.2M	$934K	70.3%	$32M	$54,800
2023 ⓘ	$9.5M	$4.5M	76.2%	$32M	$202,800
2022 ⓘ	$3.9M	$3.3M	70.4%	$26M	$185,968
2021 ⓘ	$4.3M	$2.8M	68.8%	$28M	$167,593
2020 ⓘ	$3.1M	$2.1M	74.3%	$25M	$142,548
2019 ⓘ	$7.8M	$3.0M	76.1%	$23M	$109,307

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means

Voting board members, and how many are independent Part VI, lines 1a–1b23 · 23 independent
Audited financial statements Part XII 2bYes
Conflict-of-interest policy Part VI 12aYes
Whistleblower policy Part VI 13Yes
Document retention policy Part VI 14Yes
Independent process for top executive pay Part VI 15aYes
Board given the 990 before filing Part VI 11aYes
Family or business ties among insiders Part VI 2No
Aware of a significant diversion of assets Part VI 5No
Excess benefit transaction with an insider Part IV 25aNo
Loans to or from insiders outstanding Part IV 26No
Lobbying, or a 501(h) election in effect Part IV 4No
Over $15,000 of professional fundraising services Part IV 18Yes
Over $10,000 of activity outside the U.S. Part IV 14bNo
Employees Part I, line 528
Volunteers Part I, line 650

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

WINDOVER CONSTRUCTION Construction	$656,824
DESIGNLABS Architect design	$280,154
HAGSTROM COMPANY INC Paving	$190,350
MURRAY MASONRY Masonry	$166,665

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

34 private foundations reported grants to Cape Ann Museum totaling $1.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Cape Ann Museum's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cape Ann Museum, you can publish a response that is linked from this page.

Report a correction Respond as Cape Ann Museum How this works

Similar-sized charities in this cause

T of L
Pittsburgh, PA · revenue $11M · programs 69.0% · FY2025
National Cowgirl Museum and Hall of Fame
Fort Worth, TX · revenue $11M · programs 60.7% · 2024
Association of Science-Technology Centers
Washington, DC · revenue $11M · programs 89.4% · 2024
The Walt Disney Family Museum
San Francisco, CA · revenue $12M · programs 70.5% · 2024
Discovery Park of America
Union City, TN · revenue $11M · programs 88.4% · 2024

All arts, culture & humanities charities · Largest charities in Massachusetts

Questions people ask

How much of Cape Ann Museum's spending goes to programs?

In the fiscal year ending March 31, 2025, Cape Ann Museum reported that 67.5% of its $3.9 million in expenses went to program services, 14.9% to management and general and 17.6% to fundraising (Form 990, Part IX).

How much does Cape Ann Museum pay its top executive?

The largest total compensation Cape Ann Museum reported for one person in the fiscal year ending March 31, 2025 was $254,800, for the role of MUSEUM DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cape Ann Museum get its money?

Of $11.5 million in revenue in the fiscal year ending March 31, 2025, 81.9% came from contributions and grants (including 4.8% from government grants) and 0.5% from program service revenue (Form 990, Part VIII).

Is Cape Ann Museum a registered charity?

The IRS lists EIN 04-2143545 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202610139349301291 · read the filing · XML
FY2024 (3 mo.): Form 990 for the 3-month short period ending March 31, 2024, object 202510449349301346 · read the filing
2023: Form 990 for calendar year 2023, object 202412579349301476 · read the filing
2022: Form 990 for calendar year 2022, object 202333359349301103 · read the filing
2021: Form 990 for calendar year 2021, object 202222569349301002 · read the filing
2020: Form 990 for calendar year 2020, object 202112239349301741 · read the filing
2019: Form 990 for calendar year 2019, object 202021689349301762 · read the filing

All filings for EIN 04-2143545: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.