PLIMOTH PATUXET MUSEUMS INC (EIN 042210750) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Principal Officer

THOMAS BEGLEY

Phone

5087461622

Tax Period

2024-01-01 to 2024-12-31

PLIMOTH PATUXET MUSEUMS INC, founded in 1947, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.6M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $10.7M exceeded revenue, resulting in a 12% operating deficit.

Mission

PLIMOTH PATUXET IS THE LIVING HISTORY MUSEUM OF THE 17TH-CENTURY ATLANTIC WORLD BASED IN PLYMOUTH, MASSACHUSETTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,563,204

Program Service Revenue $5,261,205

Investment Income $1,138,696

Other Revenue $1,594,755

TOTAL REVENUE $9,557,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,434,810

Fundraising Expenses $573,817

Program Expenses $8,757,415

Other Expenses $4,212,949

TOTAL EXPENSES $10,671,018

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,557,860	$10,428,780	-0.1%
Expenses	$10,671,018	$10,547,772	+0.0%
Net Income	$-1,113,158	$-118,992	+8.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

187

Volunteers

151

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

$437,307

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN BRODEUR	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DAVID POKROSS JR	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JONATHAN BITTING	TREASURER	2.00	Officer Director	$0	$0	$0
ANNE WARREN	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL AYLWARD	TRUSTEE	1.00	Director	$0	$0	$0
DARICE WAREHAM	TRUSTEE	1.00	Director	$0	$0	$0
PETER FRAME	TRUSTEE	1.00	Director	$0	$0	$0
GALE FITZGERALD	TRUSTEE	1.00	Director	$0	$0	$0
BRETON HORNBLOWER	TRUSTEE	1.00	Director	$0	$0	$0
TED HUBBARD	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN WILLIAMS	TRUSTEE	1.00	Director	$0	$0	$0
CATHERINE BRAWER	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA WEIDLICH	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN WILLARD	TRUSTEE	1.00	Director	$0	$0	$0
CEDRIC WOODS	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD THALER	TRUSTEE (THRU AUGUST 2024)	1.00	Director	$0	$0	$0
ELLIE DONOVAN	EXECUTIVE DIRECTOR	40.00	Officer	$176,405	$1,836	$178,241
IVAN LIPTON	CHIEF ADMINISTRATIVE OFFICER	40.00	Officer	$136,371	$10,140	$146,511
RICHARD PICKERING	DEPUTY DIRECTOR	40.00	Officer	$103,657	$8,898	$112,555
KATE LAPRAD	DEPUTY DIRECTOR	40.00	Highest	$102,453	$777	$103,230
THOMAS BEGLEY	DEPUTY DIRECTOR	40.00	Highest	$102,165	$777	$102,942
MICHELLE SOVERINO	ASSOCIATE DIRECTOR OF DEVELOPMENT	40.00	Highest	$125,687	$9,135	$134,822

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	$9,557,860	$10,671,018	$40,143,243	$-1,113,158
2023	$10,428,780	$10,547,772	$40,274,869	$-118,992
2022	$13,744,663	$10,831,230	$39,984,265	$2,913,433
2021	$13,548,278	$9,986,684	$39,053,194	$3,561,594
2020	$8,933,676	$8,364,721	$39,663,068	$568,955
2018	$8,626,872	$8,101,214	$32,333,409	$525,658

PLIMOTH PATUXET MUSEUMS INC