THE MORRIS MUSEUM INC (EIN 221514241) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1913

Legal Domicile

Principal Officer

THOMAS LOUGHMAN

Phone

9739713703

Tax Period

2024-07-01 to 2025-06-30

THE MORRIS MUSEUM INC, founded in 1913, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $4.0M exceeded revenue, resulting in a 59% operating deficit.

Mission

TO ENRICH LIVES THROUGH EXEMPLARY EXHIBITIONS AND PERFORMANCES OF ART, DESIGN, AND SCIENCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,590,759

Program Service Revenue $355,368

Investment Income $296,280

Other Revenue $280,840

TOTAL REVENUE $2,523,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,808,734

Fundraising Expenses $674,621

Program Expenses $2,688,767

Other Expenses $2,196,388

TOTAL EXPENSES $4,005,122

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,523,247	$3,145,103	-0.2%
Expenses	$4,005,122	$3,256,408	+0.2%
Net Income	$-1,481,875	$-111,305	+12.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$247,497

Total Directors

$247,497

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS LOUGHMAN	PRESIDENT & CEO	40.00	Officer Director	$230,979	$16,518	$247,497
EDWARD VON DER LINDE	CHAIR	2.00	Officer Director	$0	$0	$0
NELSON SCHAENEN JR	FIRST VICE CHAIR	2.00	Officer Director	$0	$0	$0
MARSHA BALDINGER	SECOND VICE CHAIR	2.00	Officer Director	$0	$0	$0
BARRY JARUZELSKI	THIRD VICE CHAIR	2.00	Officer Director	$0	$0	$0
DARREN SCHULMAN	ASST. TREASURER	2.00	Officer Director	$0	$0	$0
MARGIE WANG	TREASURER	2.00	Officer Director	$0	$0	$0
RICHARD A WATSON ESQ	SECRETARY	2.00	Officer Director	$0	$0	$0
MATT MIGNON	TRUSTEE	2.00	Director	$0	$0	$0
ALEXANDRA BRAUNSTEIN MD	TRUSTEE	2.00	Director	$0	$0	$0
SCOTT LEONARD ESQ	TRUSTEE	2.00	Director	$0	$0	$0
FRANK CESARO	TRUSTEE	2.00	Director	$0	$0	$0
RICHARD NOLAN JR ESQ	TRUSTEE	2.00	Director	$0	$0	$0
ERIC HART	TRUSTEE	2.00	Director	$0	$0	$0
STEPHANIE D TAYLOR PHD	TRUSTEE	2.00	Director	$0	$0	$0
MELANIE LEVITAN	TRUSTEE	2.00	Director	$0	$0	$0
WAQAS WAJAHAT	TRUSTEE	2.00	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
2025	$2,523,247	$4,005,122	$14,080,989	$-1,481,875
2024	$3,145,103	$3,256,408	$14,980,303	$-111,305
2023	$2,333,845	$2,909,024	$15,522,600	$-575,179
2022	$2,451,099	$2,908,135	$15,911,443	$-457,036
2021	$3,445,749	$2,450,876	$16,716,889	$994,873
2020	$1,846,897	$2,950,510	$15,623,461	$-1,103,613
2019	$3,122,450	$3,000,376	$16,716,122	$122,074

THE MORRIS MUSEUM INC