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Waltham received a $ 10 million urban revitalization grant, which allowed the site to be renovated and preserved. As part of the site's renovation, a group of cultural, civic, and business leaders led by
Michael Folsom, an MIT professor, created the Charles River Museum of Industry & Innovation
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to note the city's watch making history. The museum includes two revolving exhibit spaces that change out anywhere from 3–6 months, covering anything from science and math to cultural investigation. The museum also hosts many events and festivals in the
Waltham area, and was the first to host the
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The mission of the
Charles River Museum of Industry & Innovation is to encourage and inspire future innovation in America. The museum accomplishes this through its collections and programs, by exploring the historical impact of industry on American culture, by examining the dynamic process of
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as
America's first factory. The earliest buildings on the site have been designated a National Historic Landmark. Though many mills existed before the Boston Manufacturing Company, Francis Cabot Lowell's mill was the first to combine all steps of cotton fabric manufacturing under one roof.
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innovation, by promoting its location in
Waltham as a foundation of the American industrial revolution, by connecting the expertise of older generations with the inquisitiveness of young people, and by providing audiences of all ages with an engaging museum experience.
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in what had been the mill's massive steam-powered engine and boiler rooms. Following a monumental campaign of fundraising, cleaning, building, planning, and installation, the museum began operation in 1980.
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corporation governed by a Board of
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in 2014 reported the museum "takes exploratory learning a step further."
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Charles River Museum of
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As of August 2022, the museum’s executive director is Bob Perry.
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298:"Staff listing on CRM website (accessed August 23, 2022)"
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Museum interior; Waltham Watch gallery is on mezzanine.
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Core exhibits cover the area's role in the
American
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