AMERICAN CLOCK AND WATCH MUSEUMINC (EIN 066006559) - Form 990 Financial Analysis & Trantor Score

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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

1952

Principal Officer

MICHAEL NICASTRO

Phone

8605836070

Tax Period

2023-01-01 to 2023-12-31

AMERICAN CLOCK AND WATCH MUSEUMINC, founded in 1952, is a small nonprofit in the Arts, Culture & Humanities sector that reported $632K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $322K, a strong 51% operating margin.

Mission

THE AMERICAN CLOCK & WATCH MUSEUM CELEBRATES THE INNOVATION AND ARTISTRY OF THE CLOCK AND WATCH INDUSTRIES THROUGH UNIQUE COLLECTIONS THAT ENGAGE, EDUCATE AND ENRICH ITS COMMUNITY.

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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 $186,933

Program Service Revenue $84,716

Investment Income $345,787

Other Revenue $14,985

TOTAL REVENUE $632,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,486

Fundraising Expenses $8,843

Program Expenses $261,556

Other Expenses $138,076

TOTAL EXPENSES $310,562

Year-over-Year Comparison

	2023	2022	Change
Revenue	$632,421	$1,074,055	-0.4%
Expenses	$310,562	$312,879	0.0%
Net Income	$321,859	$761,176	-0.6%

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

$79,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTI PHILIPPON	EXECUTIVE DI	40.00	Officer	$79,500	$0	$79,500
ANDREA ADAMS	SECRETARY	1.00	Officer Director	$0	$0	$0
LISA ATTLE	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN BECKWITH	DIRECTOR	0.50	Director	$0	$0	$0
MARK BLUM	DIRECTOR	0.50	Director	$0	$0	$0
KIM BONDESON-CICCARELLO	PRESIDENT	1.00	Officer Director	$0	$0	$0
HOWARD COHEN	CO-PAST PRES	0.50	Officer Director	$0	$0	$0
KATIE D'AGOSTINO	DIRECTOR	0.50	Director	$0	$0	$0
GREG GORTON	DIRECTOR	0.50	Director	$0	$0	$0
TOM MANNING JR	DIRECTOR	0.50	Director	$0	$0	$0
RACHEL MULI	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL NICASTRO	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL RAWLINS	DIRECTOR	0.50	Director	$0	$0	$0
JOHN SMAYDA	CO-PAST PRES	0.50	Officer Director	$0	$0	$0
MARGARET WIRTES	DIRECTOR	0.50	Director	$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	$632,421	$310,562	$4,145,482	$321,859
2022	$1,074,055	$312,879	$3,287,715	$761,176
2021	$413,199	$281,331	$3,988,441	$131,868
2020	$385,516	$269,180	$3,456,167	$116,336
2019	$436,317	$292,710	$3,006,545	$143,607
2018	$217,957	$280,147	$2,569,396	$-62,190

AMERICAN CLOCK AND WATCH MUSEUMINC