THE NATIONAL MUSEUM OF THE AMERICAN COVERLET

EIN: 204522389 501(c)(3) Arts, Culture & Humanities

BEDFORD, PA

Total Revenue
$85,055
Total Expenses
$68,077
Total Assets
$793,494
Net Assets
$631,467
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
PA
Principal Officer
MELINDA ZONGOR
Phone
8146231588
Tax Period
2023-01-01 to 2023-12-31

THE NATIONAL MUSEUM OF THE AMERICAN COVERLET, founded in 2006, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $85K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $17K, a strong 20% operating margin.

Mission

THE NATIONAL MUSEUM OF THE AMERICAN COVERLET WAS INCORPORATED IN THE COMMONWEALTH OF PENNSYLVANIA ON FEBRUARY 21, 2006 FOR THE PURPOSE OF COLLECTION, DISPLAY, PRESERVATION AND STEWARDSHIP OF, AND EDUCATION REGARDING, PRIMARILY ANTIQUE WOVEN COVERLETS, THEIR HISTORY AND THEIR MAKERS, AS FURTHER DEFINED AND OUTLINED BY THE FOLLOWING: A)TO COLLECT AND DISPLAY FINE AND INTERESTING EXAMPLES OF COVERLETS OF ALL WEAVE STRUCTURES. B)TO ILLUSTRATE HOW COVERLETS WERE MADE AND BY WHOM. C)TO ILLUSTRATE COVERLETS IN HISTORY; I.E., BRING HISTORY TO LIFE BY DEMONSTRATING THE GENERAL HISTORICAL CONTEXT AND THE EVENTS OF THEIR DAY. D)TO ILLUSTRATE THE HISTORY IN COVERLETS; I.E., DEMONSTRATING THE BACKGROUND BEHIND POLITICAL SLOGANS, HISTORICALLY EVENT-RELATED PATTERN MOTIFS AND CHANGING TASTE IN DECORATIVE ARTS AS THEY APPEAR IN COVERLETS. E)TO RESPECT AND CONVEY THE HUMANITY OF THE WEAVERS AND THEIR LIFESTYLES AND CHALLENGES, BOTH PERSONAL AND PROFESSIONAL.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $48,435
Program Service Revenue $20,171
Investment Income $357
Other Revenue $16,092
TOTAL REVENUE $85,055

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,121
Fundraising Expenses $2,037
Program Expenses $56,155
Other Expenses $57,956
TOTAL EXPENSES $68,077

Year-over-Year Comparison

2023 2022 Change
Revenue $85,055 $100,977 -0.2%
Expenses $68,077 $72,573 -0.1%
Net Income $16,978 $28,404 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
32

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
4
$8,875
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELINDA ZONGOR CURATOR & MU 40.00
Officer
$8,875 $0 $8,875
RONALD WALTER PRESIDENT 5.00
Officer Director
$0 $0 $0
MARTIN SCHLABACH VICE PRESIDE 1.00
Officer Director
$0 $0 $0
TRACY LEWIS - OUTGOING SECRETARY 1.00
Officer Director
$0 $0 $0
SARAH BIXLER 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 $85,055 $68,077 $793,494 $16,978
2022 $100,977 $72,573 $795,416 $28,404
2021 $95,878 $71,405 $776,652 $24,473
2020 $112,001 $60,533 $762,965 $51,468
2019 $104,404 $76,295 $713,143 $28,109
2018 $92,754 $78,381 $698,147 $14,373
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