THE DURHAM MUSEUM FOUNDATION INC (EIN 201079027) - 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

2004

Legal Domicile

Principal Officer

JOHN NELSON

Phone

4024444774

Tax Period

2024-01-01 to 2024-12-31

THE DURHAM MUSEUM FOUNDATION INC, founded in 2004, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 155% from the prior year, signaling strong growth momentum. The organization ran a surplus of $509K, a strong 31% operating margin.

Mission

SUPPORTING ORGANIZATION FOR THE DURHAM MUSEUM, A 501(C)(3) ORGANIZATION.

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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 $1,125,210

Program Service Revenue $0

Investment Income $534,883

Other Revenue $0

TOTAL REVENUE $1,660,093

Expense Breakdown

Grants Paid $1,096,089

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,096,089

Other Expenses $54,750

TOTAL EXPENSES $1,150,839

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,660,093	$651,179	+1.5%
Expenses	$1,150,839	$1,612,265	-0.3%
Net Income	$509,254	$-961,086	-1.5%

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

N/A

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
JOHN BOYER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN NELSON	CHAIR	1.00	Officer Director	$0	$0	$0
BRAD KNUTH	SECRETARY/TREASURY	1.00	Officer Director	$0	$0	$0
RODRIGO LOPEZ	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	$1,660,093	$1,150,839	$17,083,727	$509,254
2023	$651,179	$1,612,265	$16,203,440	$-961,086
2022	$1,114,760	$871,897	$16,445,739	$242,863
2021	$1,385,029	$710,346	$17,744,080	$674,683
2020	$805,827	$2,209,978	$17,675,281	$-1,404,151
2019	$2,945,146	$3,583,572	$19,112,899	$-638,426
2018	$1,188,102	$2,310,115	$18,481,797	$-1,122,013

THE DURHAM MUSEUM FOUNDATION INC