WILLIMANTIC, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WINDHAM TEXTILE AND HISTORY MUSEUM INC, founded in 1985, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $79K in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $97K exceeded revenue, resulting in a 23% operating deficit.
THE WINDHAM TEXTILE AND HISTORY MUSEUM (THE MILL MUSEUM), LOCATED IN THE HISTORIC FORMER HEADQUARTERS OF THE AMERICAN THREAD COMPANY OF WILLIMANTIC, CONNECTICUT, IS A PRIVATE, MEMBERSHIP-BASED, NONPROFIT, 501(C)3 EDUCATIONAL INSTITUTION AND HISTORICAL SOCIETY, INCORPORATED IN 1989 IN THE STATE OF CONNECTICUT, SERVING THE GENERAL PUBLIC. LOCATED IN THE HISTORIC FORMER HEADQUARTERS OF THE AMERICAN THREAD COMPANY IN WILLIMANTIC, CONNECTICUT, THE MUSEUM HOUSES A MUSEUM, A LIBRARY, AND AN ARCHIVE. THROUGH ITS EXHIBITS, PROGRAMS, AND COLLECTIONS, THE MUSEUM PRESERVES AND INTERPRETS THE HISTORY OF TEXTILES, THE TEXTILE ARTS, AND THE TEXTILE INDUSTRY, WITH SPECIAL EMPHASIS ON THE EXPERIENCES OF CRAFTSPEOPLE, INDUSTRIAL WORKERS, MANUFACTURERS, INVENTORS, DESIGNERS, AND CONSUMERS. THE MUSEUM ALSO PROMOTES A GREATER UNDERSTANDING OF THE MAJOR TRENDS AND CHANGES IN TECHNOLOGY, THE ECONOMY, IMMIGRATION, SOCIETY, THE ENVIRONMENT, AND CULTURE THAT SHAPED THE HISTORY OF TEXTILES, THE TEXTILE ARTS, AND
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $78,617 | $227,182 | -0.7% |
| Expenses | $96,982 | $105,278 | -0.1% |
| Net Income | $-18,365 | $121,904 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAWN BAKKE | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAMANTHA CHACE | SECRETARY | 10.00 |
Director
|
$0 | $0 | $0 |
| COERY KROHN | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| CLAIRE LARY | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL MAHONY | VICE PRESIDE | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY MARWOOD | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| SANDRA MCALDUFF | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| LUZELLA ROOS | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| JOANNE SAILOR | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| ED SILVERSTEIN | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $78,617 | $96,982 | $136,613 | $-18,365 |
| 2022 | $227,182 | $105,278 | $154,316 | $121,904 |
Compare WINDHAM TEXTILE AND HISTORY MUSEUM INC with other nonprofits in Connecticut and across the country.