AMERICAN PRECISION MUSEUM INC

EIN: 030218096 501(c)(3) Arts, Culture & Humanities

WINDSOR, VT

Total Revenue
$1,831,203
Total Expenses
$1,111,952
Total Assets
$3,158,053
Net Assets
$3,022,307
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
VT
Principal Officer
STEVEN DALESSIO
Phone
8026745781
Tax Period
2024-05-01 to 2025-04-30

AMERICAN PRECISION MUSEUM INC, founded in 1966, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $719K, a strong 39% operating margin.

Mission

TO CAPTURE THE IMAGINATIONS OF YOUNG AND OLD WITH THE SPIRIT OF INNOVATION, PROBLEM SOLVING, AND DESIGN DEMONSTRATED THROUGH THE DYNAMIC STORY OF THE MACHINES AND PEOPLE WHICH FORM THE FOUNDATION AND FUTURE OF THE MANUFACTURING INDUSTRY IN AMERICA.

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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 $1,486,006
Program Service Revenue $41,479
Investment Income $264,173
Other Revenue $39,545
TOTAL REVENUE $1,831,203

Expense Breakdown

Grants Paid $0
Salaries & Benefits $576,651
Fundraising Expenses $219,310
Program Expenses $695,865
Other Expenses $535,301
TOTAL EXPENSES $1,111,952

Year-over-Year Comparison

2024 2023 Change
Revenue $1,831,203 $1,005,622 +0.8%
Expenses $1,111,952 $1,368,669 -0.2%
Net Income $719,251 $-363,047 -3.0%
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

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Governance

Voting Members
15
Independent Members
15
Employees
17
Volunteers
22

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
4
$110,160
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE MORRIS CHAIRMAN 0.80
Officer Director
$0 $0 $0
CHRISTOPHER GRAY VICE CHAIR 0.80
Officer Director
$0 $0 $0
BILL LYNN TREASURER 0.80
Officer Director
$0 $0 $0
ERIC HAGOPIAN TRUSTEE 0.80
Director
$0 $0 $0
GREG JONES TRUSTEE 0.80
Director
$0 $0 $0
GREG KAUFMAN TRUSTEE 0.80
Director
$0 $0 $0
RICHARD KLINE TRUSTEE 0.80
Director
$0 $0 $0
LORRAINE PALMER TRUSTEE 0.80
Director
$0 $0 $0
CHET BIRGER TRUSTEE 0.80
Director
$0 $0 $0
LARRY SCHWARTZ TRUSTEE 0.80
Director
$0 $0 $0
DON THOMAS TRUSTEE 0.80
Director
$0 $0 $0
MIKE SHIPULSKI TRUSTEE 0.80
Director
$0 $0 $0
DARCY MILLER TRUSTEE 0.80
Director
$0 $0 $0
EMMA SAUCIER TRUSTEE 0.80
Director
$0 $0 $0
ROB CARON TRUSTEE 0.80
Director
$0 $0 $0
STEVEN DALESSIO EXECUTIVE DIRECTOR 40.00
Officer
$108,000 $2,160 $110,160
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 $1,831,203 $1,111,952 $3,158,053 $719,251
2024 $1,005,622 $1,368,669 $2,508,758 $-363,047
2023 $1,763,743 $942,728 $2,846,094 $821,015
2022 $767,975 $750,756 $1,932,802 $17,219
2021 $720,664 $752,029 $2,154,386 $-31,365
2020 $563,610 $802,340 $1,947,384 $-238,730
2019 $839,587 $512,658 $2,225,013 $326,929
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