PUTNAM HISTORY MUSEUM (EIN 146029980) - 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

1906

Legal Domicile

Principal Officer

KEVIN PRICE

Phone

8452654010

Tax Period

2024-01-01 to 2024-12-31

PUTNAM HISTORY MUSEUM, founded in 1906, is a small nonprofit that reported $287K in total revenue in fiscal year 2024. Net assets of $3.3M represent 140 months of operating reserves.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO COLLECT AND PRESERVE HISTORICAL AND CULTURAL MATERIALS PERTAINING TO THE HUDSON HIGHLANDS, THE WEST POINT FOUNDRY AND PUTNAM COUNTY; AND TO MAKE SUCH MATERIALS AVAILABLE TO THE PUBLIC.

🔒

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 $175,802

Program Service Revenue $8,123

Investment Income $107,591

Other Revenue $-4,817

TOTAL REVENUE $286,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,010

Fundraising Expenses $28,898

Program Expenses $209,868

Other Expenses $99,921

TOTAL EXPENSES $278,931

Year-over-Year Comparison

	2024	2023	Change
Revenue	$286,699	$272,515	+0.1%
Expenses	$278,931	$299,250	-0.1%
Net Income	$7,768	$-26,735	-1.3%

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

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

$73,304

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CASSIE WARD	EXECUTIVE DI	40.00	Officer	$73,304	$0	$73,304
MARK FORLOW	CHAIR	8.00	Officer Director	$0	$0	$0
CHRISTINE FOERTSCH	VICE CHAIR	4.00	Officer Director	$0	$0	$0
CAROLINE DANFORD	TREASURER	4.00	Officer Director	$0	$0	$0
PRESTON PITTMAN	SECRETARY	4.00	Officer Director	$0	$0	$0
SAM BROE	TRUSTEE	2.00	Director	$0	$0	$0
TIM DONOVAN	TRUSTEE	2.00	Director	$0	$0	$0
TODD LONDAGIN	TRUSTEE	2.00	Director	$0	$0	$0
KIRK MOLDOFF	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER SCHMALZ	TRUSTEE	2.00	Director	$0	$0	$0
TIM WALLACH	TRUSTEE	4.00	Director	$0	$0	$0
CRAIG WATTERS	TRUSTEE	2.00	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	$286,699	$278,931	$3,344,243	$7,768
2023	$272,515	$299,250	$3,299,951	$-26,735
2022	$273,205	$274,223	$3,176,947	$-1,018
2021	$304,309	$272,401	$3,510,463	$31,908
2020	$271,369	$234,702	$3,437,127	$36,667
2019	$277,826	$207,150	$3,248,349	$70,676
2018	$343,722	$330,324	$3,132,746	$13,398

PUTNAM HISTORY MUSEUM