LOCKWOOD-MATHEWS MANSION MUSEUM OF NORWALK INC

EIN: 060811776 501(c)(3) Arts, Culture & Humanities

NORWALK, CT

Total Revenue
$9,788,543
Total Expenses
$9,980,393
Total Assets
$3,376,722
Net Assets
$1,652,359
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
CT
Principal Officer
SHANNON O'TOOLE-GIANDURCO
Phone
2038389799
Tax Period
2024-01-01 to 2024-12-31

LOCKWOOD-MATHEWS MANSION MUSEUM OF NORWALK INC, founded in 1966, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.8M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE LOCKWOOD-MATHEWS MANSION MUSEUM, A NATIONAL HISTORIC LANDMARK, IS TO PRESERVE AND RESTORE THIS UNIQUE ARCHITECTURAL TREASURE WHILE ENRICHING THE COMMUNITY...(CONTINUED ON SCHEDULE O)

Program Service Accomplishments

Program 1
Expenses: $167,898

STUDENT PROGRAMS, EXHIBITS, LECTURES, PERFORMANCES, SCHOOL FIELD TRIPS, AND GUIDED TOURS FOR YOUTH AND ADULTS EDUCATE OUR COMMUNITIES AND CONNECT TODAY'S AUDIENCES WITH THIS NATIONAL HISTORIC...

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STUDENT PROGRAMS, EXHIBITS, LECTURES, PERFORMANCES, SCHOOL FIELD TRIPS, AND GUIDED TOURS FOR YOUTH AND ADULTS EDUCATE OUR COMMUNITIES AND CONNECT TODAY'S AUDIENCES WITH THIS NATIONAL HISTORIC LANDMARK.

Program 2
Expenses: $9,516,971

A NATIONAL HISTORIC LANDMARK AND EDUCATIONAL CENTER FOR YOUTH AND ADULTS, THE LOCKWOOD-MATHEWS MANSION MUSEUM IS CONSIDERED ONE OF THE MOST SIGNIFICANT CIVIL WAR ERA STRUCTURES IN THE UNITED STATES...

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A NATIONAL HISTORIC LANDMARK AND EDUCATIONAL CENTER FOR YOUTH AND ADULTS, THE LOCKWOOD-MATHEWS MANSION MUSEUM IS CONSIDERED ONE OF THE MOST SIGNIFICANT CIVIL WAR ERA STRUCTURES IN THE UNITED STATES. RESTORATION AND PRESERVATION OF ITS STRUCTURE AND COLLECTIONS IS PART OF THE LMMM MISSION AND PROVIDES AN OPPORTUNITY TO ILLUSTRATE LATE 19TH CENTURY HISTORY, ARCHITECTURE, AND THE ARTS IN A SAFE AND ENGAGING ENVIRONMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,757,767
Program Service Revenue $0
Investment Income $17,389
Other Revenue $13,387
TOTAL REVENUE $9,788,543

Expense Breakdown

Grants Paid $0
Salaries & Benefits $252,100
Fundraising Expenses $46,734
Program Expenses $9,684,869
Other Expenses $9,728,293
TOTAL EXPENSES $9,980,393

Year-over-Year Comparison

2024 2023 Change
Revenue $9,788,543 $5,374,948 +0.8%
Expenses $9,980,393 $5,476,625 +0.8%
Net Income $-191,850 $-101,677 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
4
Volunteers
70

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$109,200
Total Directors
20
$109,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN GILGORE EXECUTIVE DI 40.00
Officer Director
$109,200 $0 $109,200
PATSY BRESCIA VICE CHAIR O 30.00
Officer Director
$0 $0 $0
GAIL CANDLIN 2ND VICE CHA 10.00
Officer Director
$0 $0 $0
DOUGLAS HEMPSTEAD CHAIRMAN OF 10.00
Officer Director
$0 $0 $0
SHANNON O'TOOLE-GIANDURCO TREASURER 10.00
Officer Director
$0 $0 $0
LYNNE H BYINGTON SECRETARY 5.00
Officer Director
$0 $0 $0
KATHLEEN CUSTIS TRUSTEE 5.00
Director
$0 $0 $0
LAWRENCE F CAFERO JR TRUSTEE 5.00
Director
$0 $0 $0
ERNEST DESROCHERS TRUSTEE 5.00
Director
$0 $0 $0
MIMI FINDLAY TRUSTEE 5.00
Director
$0 $0 $0
DAVID HEUVELMAN ESQ TRUSTEE 5.00
Director
$0 $0 $0
GAIL INGIS TRUSTEE 5.00
Director
$0 $0 $0
MIKLOS P KOLESZAR TRUSTEE 5.00
Director
$0 $0 $0
GARY LORUSSO TRUSTEE 5.00
Director
$0 $0 $0
CHARLES NYSTROM TRUSTEE 5.00
Director
$0 $0 $0
KATHLEEN OLSEN TRUSTEE 5.00
Director
$0 $0 $0
VICTORIA VANDAMM TRUSTEE 5.00
Director
$0 $0 $0
PAUL L VEEDER II TRUSTEE 5.00
Director
$0 $0 $0
MARGARET WALKER ESQ TRUSTEE 5.00
Director
$0 $0 $0
DAVID G WESTMORELAND TRUSTEE 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $9,788,543 $9,980,393 $3,376,722 $-191,850
2023 $5,374,948 $5,476,625 $3,031,725 $-101,677
2022 $1,199,757 $1,288,767 $2,236,387 $-89,010
2021 $1,108,220 $772,478 $2,114,650 $335,742
2020 $893,134 $784,277 $1,853,568 $108,857
2019 $447,815 $481,875 $1,552,809 $-34,060
2018 $402,459 $419,845 $1,617,826 $-17,386
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