THE STICKLEY MUSEUM AT CRAFTSMAN F… - Form 990 Financial Data

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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

VONDA GIVENS

Phone

9735400311

Tax Period

2024-01-01 to 2024-12-31

THE STICKLEY MUSEUM AT CRAFTSMAN FARMS INC, founded in 1989, is a small nonprofit that reported $692K in total revenue in fiscal year 2024. Expenses of $910K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE STICKLEY MUSEUM AT CRAFTSMAN FARMS' MISSION IS TO DEVELOP, DEMONSTRATE, AND DEEPEN CONNECTIONS BETWEEN HISTORY, DESIGN, LIFESTYLE, AND THE NATURAL ENVIRONMENT, THROUGH THE PRESERVATION OF CRAFTSMAN FARMS AND THE PRESENTATION OF THE IDEALS OF GUSTAV STICKLEY AND THE ARTS AND CRAFTS MOVEMENT IN AMERICA.

Program Service Accomplishments

Program 1

Expenses: $721,720 Revenue: $113,062

THE STICKLEY MUSEUM AT CRAFTSMAN FARMS (SMCF) IS A NATIONAL HISTORIC LANDMARK AND HISTORIC HOUSE MUSEUM, LOCATED ON THE CAMPUS OF CRAFTSMAN FARMS IN PARSIPPANY, NEW JERSEY. BUILT BY GUSTAV STICKLEY BETWEEN 1908 AND 1917 AS THE MOST COMPLETE EXPRESSION OF HIS "CRAFTSMAN" STYLE, THE CAMPUS OF CRAFTSMAN FARMS PROVIDES AN UNMATCHED OPPORTUNITY TO EXPERIENCE STICKLEY'S IDEAS ABOUT THE IMPACT OF ARCHITECTURE, DESIGN, AND LANDSCAPE ON A MEANINGFUL LIFE. IN PARTNERSHIP WITH THE OWNER OF THE PROPERTY, THE TOWNSHIP OF PARSIPPANY-TROY HILLS, WHICH RESCUED CRAFTSMAN FARMS FROM PRIVATE DEVELOPMENT IN 1989, THE MUSEUM WORKS TO INTERPRET, PRESERVE, AND PROTECT ITS ORIGINAL LANDSCAPE AND NINE ORIGINAL BUILDINGS, INCLUDING THE LOG HOUSE, WHICH IS OPEN FOR SCHEDULED TOURS. THE MUSEUM WORKS DAILY TO PRESERVE AND RESTORE THE CRAFTSMAN FARMS' PROPERTY AND TO INTERPRET THE PROPERTY THROUGH ITS COLLECTIONS, TOURS, AND PROGRAMS, BOTH ONLINE AND ON- SITE, WHICH INCLUDE LECTURES, PANEL DISCUSSIONS, TRIPS, AND COURSES COVERING A WIDE RANGE OF TOPICS RELATED TO DESIGN, DECORATIVE ARTS, AND ARCHITECTURE. NOW IN ITS 36TH YEAR, THE MUSEUM IS DEDICATED TO SERVING ITS NEIGHBORING COMMUNITY, HISTORY AND HERITAGE TOURISTS, AND DESIGN, CRAFT, AND ARCHITECTURE AUDIENCES FROM THE ACROSS THE UNITED STATES AND ABROAD.

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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 $477,583

Program Service Revenue $113,062

Investment Income $64,139

Other Revenue $37,151

TOTAL REVENUE $691,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $398,517

Fundraising Expenses $68,693

Program Expenses $721,720

Other Expenses $511,006

TOTAL EXPENSES $909,523

Year-over-Year Comparison

	2024	2023	Change
Revenue	$691,935	$689,224	+0.0%
Expenses	$909,523	$1,221,539	-0.3%
Net Income	$-217,588	$-532,315	-0.6%

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

$101,335

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA A WEISKITTEL	PRESIDENT &	15.00	Officer Director	$0	$0	$0
TED LYTWYN	VICE PRES. &	2.00	Officer Director	$0	$0	$0
DIANNE AYRES	TRUSTEE	1.00	Director	$0	$0	$0
JAMES BARBERIO	TRUSTEE	1.00	Director	$0	$0	$0
JILL THOMAS-CLARK	TRUSTEE	1.00	Director	$0	$0	$0
DONALD DAVIDOFF	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL J DEPIERRO	TRUSTEE	1.00	Director	$0	$0	$0
FRANK GIEBFRIED	TRUSTEE	1.00	Director	$0	$0	$0
DOROTHY GUZZO	TRUSTEE	1.00	Director	$0	$0	$0
JASMINE LIM	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MCCRACKEN	TRUSTEE	1.00	Director	$0	$0	$0
CYNTHIA G MCGINN	TRUSTEE	1.00	Director	$0	$0	$0
BRAD MUNIZ	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE LACONTO-MUNN	TRUSTEE	1.00	Director	$0	$0	$0
JUSTIN MUSELLA	TRUSTEE	1.00	Director	$0	$0	$0
DAVID MUSSELMAN	TRUSTEE	1.00	Director	$0	$0	$0
LAURA RUSSELL	TRUSTEE	1.00	Director	$0	$0	$0
MARTI WEINSTEIN	SECRETARY	1.00	Officer	$0	$0	$0
ROBERT C BURCHELL	TREASURER	2.00	Officer	$0	$0	$0
VONDA GIVENS	EXECUTIVE DI	45.00	Officer	$87,400	$13,935	$101,335

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	$691,935	$909,523	$1,405,005	$-217,588
2023	$689,224	$1,221,539	$1,873,705	$-532,315
2022	$1,971,467	$788,744	$2,116,445	$1,182,723
2021	$573,795	$678,629	$1,000,154	$-104,834
2020	$588,671	$1,182,308	$1,027,404	$-593,637
2019	$623,045	$620,268	$1,551,978	$2,777
2018	$1,371,856	$444,058	$1,524,178	$927,798

THE STICKLEY MUSEUM AT CRAFTSMAN FARMS INC