FREDERIC REMINGTON ART MUSEUM FOUNDATION (EIN 161389092) - 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

1989

Legal Domicile

Principal Officer

PATRICIA MAHONEY

Phone

3153932425

Tax Period

2023-01-01 to 2023-12-31

FREDERIC REMINGTON ART MUSEUM FOUNDATION, founded in 1989, is a small nonprofit in the Arts, Culture & Humanities sector that reported $135K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $167K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO FOSTER, SUPPORT, AND ADVANCE THE FREDERIC REMINGTON ART MUSEUM.

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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 $15,033

Program Service Revenue $0

Investment Income $119,790

Other Revenue $0

TOTAL REVENUE $134,823

Expense Breakdown

Grants Paid $150,041

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,041

Other Expenses $16,705

TOTAL EXPENSES $166,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,823	$146,363	-0.1%
Expenses	$166,746	$159,756	+0.0%
Net Income	$-31,923	$-13,393	+1.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN BRIGGS JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA MAHONEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
APRIL GRANT	SECRETARY	1.00	Officer Director	$0	$0	$0
PHIL COSMO	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE NEWELL	TREASURER	1.00	Officer Director	$0	$0	$0
BOYD FOSTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AMY WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
JULIE CLIFF	DIRECTOR	1.00	Director	$0	$0	$0
MARK ASHLEY	DIRECTOR	1.00	Director	$0	$0	$0
ED FORBES	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$134,823	$166,746	$1,407,044	$-31,923
2022	$146,363	$159,756	$1,385,014	$-13,393
2021	$89,590	$170,855	$1,602,484	$-81,265
2020	$105,330	$165,508	$1,482,932	$-60,178
2019	$73,455	$86,732	$1,554,025	$-13,277
2018	$99,151	$71,726	$1,358,472	$27,425

FREDERIC REMINGTON ART MUSEUM FOUNDATION