THE NASHER SCULPTURE CENTER

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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

2003

Legal Domicile

Principal Officer

JOHN MCBRIDE

Tax Period

2024-07-01 to 2025-06-30

THE NASHER SCULPTURE CENTER, founded in 2003, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $14.0M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

THE MISSION OF THE NASHER SCULPTURE CENTER IS TO BE THE INTERNATIONAL FOCAL POINT AN CATALYST FOR THE STUDY, INSTALLATION, CONSERVATION, AND INSPIRATION OF MODERN AND CONTEMPORARY ART.

Program Service Accomplishments

Program 1

Expenses: $6,492,338 Revenue: $121,709

THE NASHER SCULPTURE CENTER (CENTER) OPERATES A MUSEUM TO DISPLAY MODERN ART AND FROM TIME-TO-TIME FEATURES EXHIBITS OF WORKS BORROWED FROM OTHER MUSEUMS. THE CENTER HAD 81,054 VISITORS IN TAX YEAR...

Program 2

Expenses: $541,562 Revenue: $110,182

THE CENTER CONDUCTS EDUCATIONAL PROGRAMS FOR MEMBERS AND VISITORS ABOUT MODERN ART THROUGH FREE FIRST SATURDAYS, STUDENT TOURS, TEACHER WORKSHOPS, MUSEUM FORUM FOR TEACHERS, SUMMER INSTITUTE FOR...

THE CENTER CONDUCTS EDUCATIONAL PROGRAMS FOR MEMBERS AND VISITORS ABOUT MODERN ART THROUGH FREE FIRST SATURDAYS, STUDENT TOURS, TEACHER WORKSHOPS, MUSEUM FORUM FOR TEACHERS, SUMMER INSTITUTE FOR TEENS, HOMESCHOOL WORKSHOPS, MUSEUM 101, & STUDIO 360. DURING TAX YEAR 2024 THERE WERE 21,666 PARTICIPANTS IN THESE PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $13,958,759

Program Service Revenue $216,559

Investment Income $124,114

Other Revenue $-313,113

TOTAL REVENUE $13,986,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,634,826

Fundraising Expenses $1,750,916

Program Expenses $7,033,900

Other Expenses $8,354,092

TOTAL EXPENSES $13,988,918

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,986,319	$15,170,846	-0.1%
Expenses	$13,988,918	$14,424,253	0.0%
Net Income	$-2,599	$746,593	-1.0%

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

$2,230,061

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID HAEMISEGGER	PRESIDENT AND TRUSTEE	5.00	Officer Director	$0	$0	$0
TYREE COLLIER	TRUSTEE	5.00	Director	$0	$0	$0
SARAH HAEMISEGGER	TRUSTEE	5.00	Director	$0	$0	$0
NANCY NASHER HAEMISEGGER	TRUSTEE	5.00	Director	$0	$0	$0
ANDREA NASHER	TRUSTEE	5.00	Director	$0	$0	$0
MARC PECHERSKY	TRUSTEE	5.00	Director	$0	$0	$0
STEPHEN STAMAS	TRUSTEE	5.00	Director	$0	$0	$0
JEREMY STRICK	EXECUTIVE DIRECTOR (THRU 5/24)	40.00	Officer	$1,563,040	$39,171	$1,602,211
JOHN MCBRIDE	DEPUTY DIR., FINANCE & OPERATIONS	40.00	Officer	$310,552	$42,014	$352,566
JILL MAGNUSON	DIR. EXTERNAL AFFAIRS	40.00	Officer	$235,730	$39,554	$275,284
CHARLES BASUALDO	EXECUTIVE DIRECTOR (AS OF 5/25)	40.00	Officer	$0	$0	$0
DAVID MORSE	INTERIM DIR (THRU 5/25); CHIEF CURATOR	40.00	Highest	$257,688	$65,365	$323,053
CHRISTOPHER BOSCO	SENIOR MANAGER OF FACILITIES	40.00	Highest	$161,829	$37,995	$199,824
JOYCE CRAVENS	INFORMATION TECHNOLOGY	40.00	Highest	$130,802	$33,841	$164,643
JACQUES HABA	HEAD DIGITAL OPERATIONS & STRATEGY	40.00	Highest	$108,941	$36,141	$145,082
VANESSA HADOX	DEPUTY DIR. OF INSTITUTIONAL GIVING	40.00	Highest	$107,427	$24,401	$131,828

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
2025	$13,986,319	$13,988,918	$4,420,518	$-2,599
2024	$15,170,846	$14,424,253	$4,488,269	$746,593
2023	$13,857,309	$13,345,394	$4,233,685	$511,915
2022	$7,253,094	$9,848,370	$3,282,205	$-2,595,276
2021	$11,192,016	$10,183,376	$5,120,886	$1,008,640
2020	$11,011,402	$10,605,126	$4,182,522	$406,276