MARGARET WOODBURY STRONG MUSEUM (EIN 160954168) - 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

1968

Legal Domicile

Principal Officer

STEVE M DUBNIK

Phone

5852632700

Tax Period

2024-01-01 to 2024-12-31

MARGARET WOODBURY STRONG MUSEUM, founded in 1968, is a mid-sized nonprofit that reported $24.2M in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Net assets of $191.3M represent 95 months of operating reserves.

Mission

AS AN EDUCATIONAL INSTITUTION FOCUSED ON AMERICAN CULTURAL HISTORY, STRONG MUSEUM EXPLORES PLAY IN ORDER TO ENCOURAGE LEARNING, CREATIVITY, AND DISCOVERY. THE MUSEUM ACCOMPLISHES THIS THROUGH EXHIBITIONS, PROGRAMS, PUBLICATIONS, AND OTHER ACTVITIES THAT ENGAGE, ENTERTAIN AND ENLIGHTEN DIVERSE AUDIENCES, ESPECIALLY FAMILIES, CHILDREN, AND EDUCATORS.

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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 $13,791,459

Program Service Revenue $9,457,605

Investment Income $775,337

Other Revenue $184,294

TOTAL REVENUE $24,208,695

Expense Breakdown

Grants Paid $20,250

Salaries & Benefits $10,693,820

Fundraising Expenses $1,032,964

Program Expenses $21,159,940

Other Expenses $13,621,619

TOTAL EXPENSES $24,370,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,208,695	$41,516,891	-0.4%
Expenses	$24,370,689	$23,074,022	+0.1%
Net Income	$-161,994	$18,442,869	-1.0%

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

339

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

$636,927

Total Directors

$417,165

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARTHIK BALA	TRUSTEE	1.00	Director	$0	$0	$0
KENNETH GLAZER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NAN HILDEBRANDT	SECRETARY	1.00	Officer Director	$0	$0	$0
REENA MEHTA	TRUSTEE	1.00	Director	$0	$0	$0
HILDA ROSARIO ESCHER	TRUSTEE	1.00	Director	$0	$0	$0
DAWN WILLIAMS-FULLER	TRUSTEE	1.00	Director	$0	$0	$0
BONNIE ERICKSON	TRUSTEE	1.00	Director	$0	$0	$0
WAYDE HARRISON	TRUSTEE	1.00	Director	$0	$0	$0
TOM KALINSKE	TRUSTEE	1.00	Director	$0	$0	$0
BENJAMIN MUDRICK	TRUSTEE	1.00	Director	$0	$0	$0
RACHEL DEGUZMAN	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL J CICERO	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
CARLA ENGELBRECHT EDD	TRUSTEE	1.00	Director	$0	$0	$0
DAVID J BURNS	TRUSTEE	1.00	Director	$0	$0	$0
BERNARD BIRNBAUM	CHAIR	1.00	Officer Director	$0	$0	$0
CECILIA GRIFFIN GOLDEN	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
AARON C NEWMAN	TRUSTEE	1.00	Director	$0	$0	$0
LAURA SAXBY LYNCH	TRUSTEE	1.00	Director	$0	$0	$0
ALEX DELMONTE	TRUSTEE	1.00	Director	$0	$0	$0
JOY RYEN PLOTNIK ESQ	TRUSTEE	1.00	Director	$0	$0	$0
ERIKA J DUTHIERS	TRUSTEE	1.00	Director	$0	$0	$0
MEE F WING	TRUSTEE	1.00	Director	$0	$0	$0
MARTIN JARZEBOWSKI	TRUSTEE	1.00	Director	$0	$0	$0
DEBORAH STENDARDI	TRUSTEE	1.00	Director	$0	$0	$0
JOEL FRATER	TRUSTEE	1.00	Director	$0	$0	$0
ZEKE DUDA	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE M DUBNIK	PRESIDENT/CEO	37.50	Officer Director	$377,597	$39,568	$417,165
PETER BRIGGS	TRUSTEE	1.00	Director	$0	$0	$0
IRINA BENOIT	TRUSTEE	1.00	Director	$0	$0	$0
DEBORAH BRUNDAGE	TRUSTEE	1.00	Director	$0	$0	$0
LEO OLEBE	TRUSTEE	1.00	Director	$0	$0	$0
KYLE SAYERS	TRUSTEE	1.00	Director	$0	$0	$0
TRUDY QUARTLEY	SVP FOR FINANCE & FACILITIES	37.50	Officer	$197,568	$22,194	$219,762
SARA POE	SVP FOR MARKETING & GUEST EXPERIENCES	37.50	Highest	$164,562	$12,770	$177,332
JON-PAUL DYSON	SVP FOR EXHIBITS & INTERPRETIVE RESOURCES	37.50	Highest	$158,498	$28,716	$187,214
LISA FEINSTEIN	SVP FOR STRATEGIC PARTNERSHIPS	37.50	Highest	$202,624	$19,607	$222,231
CHRIS BENSCH	VP OF COLLECTIONS & CHIEF CURATOR	37.50	Highest	$143,727	$17,392	$161,119
LAURIE PHELPS	VP FOR GUEST SERVICES & SECURITY	37.50	Highest	$140,437	$27,277	$167,714

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	$24,208,695	$24,370,689	$248,291,605	$-161,994
2023	$41,516,891	$23,074,022	$251,281,672	$18,442,869
2022	$26,266,036	$17,727,722	$225,108,692	$8,538,314
2021	$24,556,351	$15,226,968	$223,670,725	$9,329,383
2020	$22,607,058	$14,239,563	$194,480,283	$8,367,495
2019	$18,136,762	$16,986,399	$181,222,885	$1,150,363
2018	$16,809,440	$16,319,001	$148,045,720	$490,439

MARGARET WOODBURY STRONG MUSEUM