SPARTANBURG ART MUSEUM (EIN 237041876) - 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

1968

Legal Domicile

Principal Officer

WALKER BARNES

Phone

8642789673

Tax Period

2023-07-01 to 2024-06-30

SPARTANBURG ART MUSEUM, founded in 1968, is a small nonprofit that reported $354K in total revenue in fiscal year 2023. Expenses of $323K left a modest 9% surplus.

Mission

THE SPARTANBURG ART MUSEUM IS A REGIONAL MUSEUM PROMOTING CONTEMPORARY VISUAL ARTS BY INSPIRING AND ENGAGING PEOPLE OF ALL AGES THROUGH EXHIBITIONS AND EDUCATION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $296,165

Program Service Revenue $44,161

Investment Income $31

Other Revenue $13,214

TOTAL REVENUE $353,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,101

Fundraising Expenses $0

Program Expenses $266,487

Other Expenses $214,616

TOTAL EXPENSES $322,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$353,571	$347,705	+0.0%
Expenses	$322,717	$361,299	-0.1%
Net Income	$30,854	$-13,594	-3.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALKER BARNES	PRESIDENT	N/A	Officer Director	$0	$0	$0
GRETCHEN BROWN	TRUSTEE	N/A	Director	$0	$0	$0
DANNI DAWKINS	TRUSTEE	N/A	Director	$0	$0	$0
MISTI HUDSON	PAST PRESIDE	N/A	Director	$0	$0	$0
LEAH KENT	TRUSTEE	N/A	Director	$0	$0	$0
TINA LYON	SECRETARY	N/A	Director	$0	$0	$0
LINDA MALLIS	TRUSTEE	N/A	Director	$0	$0	$0
ALLYSON MARKIEWICZ	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ADRIAN MEADOWS	TRUSTEE	N/A	Director	$0	$0	$0
MICHAEL ROACH	TREASURER	N/A	Director	$0	$0	$0
ALEX SALEEBY	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	No data	No data	No data	No data
2024	$353,571	$322,717	$28,118	$30,854
2023	$347,705	$361,299	$7,234	$-13,594
2022	$332,434	$385,502	$19,224	$-53,068
2021	$373,954	$322,263	$69,344	$51,691
2020	$346,364	$352,717	$58,919	$-6,353
2019	$405,991	$414,541	$35,152	$-8,550

SPARTANBURG ART MUSEUM