GICHIGAMIIN INDIGENOUS NATIONS MUSEUM INC (EIN 200679235) - 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

1977

Legal Domicile

Principal Officer

SUSAN KELSEY

Phone

8474750911

Tax Period

2024-01-01 to 2024-12-31

GICHIGAMIIN INDIGENOUS NATIONS MUSEUM INC, founded in 1977, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $479K, a strong 46% operating margin.

Mission

TO PROMOTE AND SHARE A DEEPER UNDERSTANDING AND RESPECT OF NATIVE AMERICAN PEOPLES THROUGH THE COLLECTION, PRESERVATION, AND INTERPRETATION OF THEIR TRADITIONAL AND CONTEMPORARY ART AND MATERIAL CULTURE.

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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 $956,058

Program Service Revenue $49,411

Investment Income $5,397

Other Revenue $23,808

TOTAL REVENUE $1,034,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $345,291

Fundraising Expenses $66,381

Program Expenses $397,532

Other Expenses $209,955

TOTAL EXPENSES $555,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,034,674	$898,460	+0.2%
Expenses	$555,246	$395,028	+0.4%
Net Income	$479,428	$503,432	0.0%

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

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

$105,475

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN KELSEY	PRESIDENT	3.00	Officer Director	$0	$0	$0
GEORGE STEVENSON	VICE PRESIDENT	1.75	Officer Director	$0	$0	$0
ANDREW JOHNSON	TREASURER	1.75	Officer Director	$0	$0	$0
CAROL LAMAR	SECRETARY	1.75	Officer Director	$0	$0	$0
JAN BERKSON	LIFE DIRECTOR	1.75	Officer Director	$0	$0	$0
APRIL CHANCELLOR	BOARD MEMBER	0.75	Director	$0	$0	$0
TOM BERRETH	BOARD MEMBER	0.75	Director	$0	$0	$0
MELVIN MASQUAT	BOARD MEMBER	0.75	Director	$0	$0	$0
JOYCE NIERDERMAN	BOARD MEMBER	0.75	Director	$0	$0	$0
STEPHANIE PERDEW	BOARD MEMBER	0.75	Director	$0	$0	$0
SUSAN SALISBURY	BOARD MEMBER	0.75	Director	$0	$0	$0
GEORGE STRACK	BOARD MEMBER	0.75	Director	$0	$0	$0
KIM VIGUE	EXECUTIVE DIRECTOR	40.00	Officer	$105,475	$0	$105,475

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	$1,034,674	$555,246	$2,347,687	$479,428
2023	$898,460	$395,028	$1,833,630	$503,432
2023	$898,460	$395,028	$1,833,630	$503,432
2022	$323,399	$331,555	$1,319,963	$-8,156
2021	$214,556	$220,715	$1,343,676	$-6,159
2020	$178,321	$214,745	$1,326,828	$-36,424
2019	$185,425	$244,704	$1,364,185	$-59,279
2018	$234,361	$239,170	$1,418,232	$-4,809

GICHIGAMIIN INDIGENOUS NATIONS MUSEUM INC