STERLING HILL MINING MUSEUM INC

EIN: 223125202 501(c)(3) Arts, Culture & Humanities

OGDENSBURG, NJ

Total Revenue
$1,006,892
Total Expenses
$504,180
Total Assets
$8,340,559
Net Assets
$8,337,199
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NJ
Principal Officer
WILLIAM KROTH
Phone
9732097212
Tax Period
2024-03-01 to 2025-02-28

STERLING HILL MINING MUSEUM INC, founded in 1989, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. The organization ran a surplus of $503K, a strong 50% operating margin.

Mission

THE STERLING HILL MINING MUSEUM IS DEDICATED TO THE PRESERVATION, INTERPRETATION, UNDERSTANDING, AND APPRECIATION OF THE HISTORY OF MINING, MINING TECHNOLOGY, MINERALOGY, AND GEOLOGY UNIQUE TO THE STATE OF NEW JERSEY THROUGH SCIENTIFIC RESEARCH AND EDUCATIONAL PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $26,391
Program Service Revenue $524,729
Investment Income $2,791
Other Revenue $452,981
TOTAL REVENUE $1,006,892

Expense Breakdown

Grants Paid $16,500
Salaries & Benefits $227,403
Fundraising Expenses $0
Program Expenses $395,321
Other Expenses $260,277
TOTAL EXPENSES $504,180

Year-over-Year Comparison

2024 2023 Change
Revenue $1,006,892 N/A N/A
Expenses $504,180 N/A N/A
Net Income $502,712 N/A N/A
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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Governance

Voting Members
12
Independent Members
12
Employees
10
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG FRANCISO TRUSTEE N/A
Director
$0 $0 $0
MARGARET HOLZER TRUSTEE N/A
Director
$0 $0 $0
BOB HORN TRUSTEE N/A
Director
$0 $0 $0
GEORGE HUTNICK TRUSTEE N/A
Director
$0 $0 $0
HAIG KASABACH SECRETARY N/A
Officer Director
$0 $0 $0
DENISE KROTH TREASURER N/A
Officer Director
$0 $0 $0
WILLIAM KROTH PRESIDENT N/A
Officer Director
$0 $0 $0
JEFF OSOWSKI VICE PRESIDE N/A
Officer Director
$0 $0 $0
MICHAEL PIERCE TRUSTEE N/A
Director
$0 $0 $0
GORDON POWERS TRUSTEE N/A
Director
$0 $0 $0
WALTER SPINK TRUSTEE N/A
Director
$0 $0 $0
JEFF WINKLER TRUSTEE N/A
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 $1,006,892 $504,180 $8,340,559 $502,712
2023 No data No data No data No data
2022 $422,071 $435,985 $7,322,067 $-13,914
2021 $217,785 $430,216 $7,396,282 $-212,431
2020 $955,504 $623,115 $7,623,617 $332,389
2019 $1,007,979 $639,957 $7,298,425 $368,022
2018 $802,706 $619,424 $6,937,657 $183,282
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