THE SKYSCRAPER MUSEUM

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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

1996

Legal Domicile

Principal Officer

CAROL WILLIS

Phone

2129456324

Tax Period

2024-07-01 to 2025-06-30

THE SKYSCRAPER MUSEUM, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $963K in total revenue in fiscal year 2024. The organization ran a surplus of $276K, a strong 29% operating margin.

Mission

TO DEVOTE ENERGY AND EFFORT TO THE DESIGN HISTORY, THEORY, AND PRACTICE OF URBAN ARCHITECTURE, PLANNING, AND DESIGN, THE DEVELOPMENT OF CITIES AND URBAN DEVELOPMENT, THE RELATIONSHIP BETWEEN BUILT OBJECTS AND SYSTEMS AND THE LIVES OF PEOPLE IN CITIES.

Program Service Accomplishments

Program 1

Expenses: $292,970

THE MUSEUM OFFERS EDUCATIONAL PROGRAMS IN PERSON AND VIRTUAL, SUCH AS FREE CURATORS TOURS; MONTHLY AUTHOR TALKS HELD IN OUR GALLERIES; PANEL PROGRAMS AND LECTURES FOR PROFESSIONAL AND...

THE MUSEUM OFFERS EDUCATIONAL PROGRAMS IN PERSON AND VIRTUAL, SUCH AS FREE CURATORS TOURS; MONTHLY AUTHOR TALKS HELD IN OUR GALLERIES; PANEL PROGRAMS AND LECTURES FOR PROFESSIONAL AND GENERAL-INTEREST AUDIENCES. IT ALSO HOSTS FAMILY PROGRAMS ON SATURDAY MORNINGS, IN WHICH CHILDREN ENGAGE WITH AN EDUCATOR TO EXPLORE THE PRINCIPLES OF URBANISM, ARCHITECTURE, AND ENGINEERING THROUGH HANDS-ON ACTIVITIES.

Program 2

Expenses: $109,864

THE MUSEUM HAS MAJOR EXHIBITIONS EACH YEAR, WHICH EXPLORE THE THEMES OF URBAN VITALITY, IDENTITY, AND CULTURE.

Program 3

Expenses: $48,828 Revenue: $7,856

EDUCATIONAL TOURS - THE MUSEUM PROVIDES TOURS OF ITS EXHIBITS AND COLLECTIONS TO GROUPS FROM ELEMENTARY THROUGH COLLEGE LEVEL CLASSES AND SENIOR GROUPS DURING SPECIAL MORNING HOURS AND ALL DAY ON...

EDUCATIONAL TOURS - THE MUSEUM PROVIDES TOURS OF ITS EXHIBITS AND COLLECTIONS TO GROUPS FROM ELEMENTARY THROUGH COLLEGE LEVEL CLASSES AND SENIOR GROUPS DURING SPECIAL MORNING HOURS AND ALL DAY ON MONDAYS AND TUESDAYS. EDUCATORS LEASE TOURS (UP TO 30 STUDENTS) THAT INCORPORATE LEARNING FROM ACROSS THE NEW YORK STATE CURRICULUM, INCLUDING SCIENCE, MATHEMATICS, THE ARTS, AND SOCIAL STUDIES. STUDENTS LEAVE WITH AN APPRECIATION OF SKYSCRAPERS AND THEIR ROLE IN SOCIETY AS WELL AS A BETTER UNDERSTANDING OF THE METHODS OF CONSTRUCTING TALL BUILDINGS.

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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 $732,523

Program Service Revenue $18,503

Investment Income $204,601

Other Revenue $7,269

TOTAL REVENUE $962,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $403,140

Fundraising Expenses $21,191

Program Expenses $488,284

Other Expenses $283,559

TOTAL EXPENSES $686,699

Year-over-Year Comparison

	2024	2023	Change
Revenue	$962,896	$919,461	+0.0%
Expenses	$686,699	$758,192	-0.1%
Net Income	$276,197	$161,269	+0.7%

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

$125,000

Total Directors