New Hampshire Farm Museum Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

Jon Hotchkiss

Phone

6036527840

Tax Period

2023-01-01 to 2023-12-31

New Hampshire Farm Museum Inc, founded in 1970, is a small nonprofit in the Arts, Culture & Humanities sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $238K left a modest 7% surplus.

Mission

TO PRESERVE NEW HAMPSHIRES AGRICULTURAL ROOTS AND CELEBRATE THE CONTEMPORARY RELEVANCE OF THE STATES AGRICULTURAL PRESENT

Program Service Accomplishments

Program 1

Expenses: $20,907 Revenue: $21,792

THE MUESUM MAINTIANS A WORKING FARM FOR THE COMMUNITY SUPPORTED AGRIULTURE PROGRAM. THE MUSEUM ALSO MAINTAINS A SELECTION OF FARM ANIMLAS TO SUPPORT EDUCATIONAL PROGRAMS. THE MUSEUM DISPLAYS...

THE MUESUM MAINTIANS A WORKING FARM FOR THE COMMUNITY SUPPORTED AGRIULTURE PROGRAM. THE MUSEUM ALSO MAINTAINS A SELECTION OF FARM ANIMLAS TO SUPPORT EDUCATIONAL PROGRAMS. THE MUSEUM DISPLAYS AGRICULTURAL IMPLEMENTS AND EDUCATIONAL EXHIBITS ON RURAL LIFE AND AGRICULTURE FOR THE VISITING PUBLIC. GUIDED TOURS OF THE FARM AND SEVERAL HISTORIC FARM BUILDINGS ARE ALSO OFFERED. SPECIAL EVENTS AND PROGRAMS, WORKSHOPS AND DAY CAMPS ARE OFFERED THROUGHOUT THE YEAR

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $229,262

Program Service Revenue $21,792

Investment Income $4,317

Other Revenue $0

TOTAL REVENUE $255,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,990

Fundraising Expenses $0

Program Expenses $20,907

Other Expenses $170,953

TOTAL EXPENSES $237,943

Year-over-Year Comparison

	2023	2022	Change
Revenue	$255,371	$171,849	+0.5%
Expenses	$237,943	$153,234	+0.6%
Net Income	$17,428	$18,615	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Bailey	President	5.00	Officer	$0	$0	$0
Lance Robicheau	Vice President	5.00	Officer	$0	$0	$0
Dean Griffin	Treasurer	5.00	Officer	$0	$0	$0
John Quinn	Secretary	2.00	Officer	$0	$0	$0
Stewart McKenzie	Trustee	2.00		$0	$0	$0
Paul Barron	Trustee	2.00		$0	$0	$0
Dr Walter Shortle	Trustee	2.00		$0	$0	$0
Steve Collins	Trustee	2.00		$0	$0	$0
Ralph Currier	Trustee	2.00		$0	$0	$0
Bob Silva	Trustee	2.00		$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	No data	No data	No data	No data
2023	$255,371	$237,943	$1,627,218	$17,428
2022	$171,849	$153,234	$1,609,790	$18,615
2021	$127,080	$88,220	$1,581,143	$38,860
2020	$110,194	$53,546	$1,497,332	$56,648
2019	$366,145	$128,381	$1,440,461	$237,764
2018	$104,832	$97,008	$1,202,307	$7,824