Menominee Range Historical Foundation (EIN 237085637) - 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

1969

Legal Domicile

Principal Officer

Guy Forstrom

Phone

9068281822

Tax Period

2023-01-01 to 2023-12-31

Menominee Range Historical Foundation, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $185K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $91K, a strong 49% operating margin.

Mission

Operate three museums in the Iron Mountain area and preserve artifacts from the past history of the iron range

🔒

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 $139,226

Program Service Revenue $41,029

Investment Income $7,987

Other Revenue $-2,906

TOTAL REVENUE $185,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,740

Fundraising Expenses $0

Program Expenses $91,763

Other Expenses $61,198

TOTAL EXPENSES $93,938

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,336	$167,990	+0.1%
Expenses	$93,938	$97,325	0.0%
Net Income	$91,398	$70,665	+0.3%

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	Role	Reportable Comp	Other Comp	Total
Keith Huotari	President	Officer Director	$0	$0	$0
Jim Hartwell	Vice President	Officer Director	$0	$0	$0
Mikki Hall	Secretary	Officer Director	$0	$0	$0
Guy Forstrom	Treasurer	Officer Director	$0	$0	$0
Robert Johnson	Director	Director	$0	$0	$0
Jayna Huotari	Director	Director	$0	$0	$0
William Cummings	Director	Director	$0	$0	$0
Roger Scott	Director	Director	$0	$0	$0
Pam Edens	Director	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	$185,336	$93,938	$1,670,335	$91,398
2022	$167,990	$97,325	$1,579,058	$70,665
2021	$192,285	$88,026	$1,508,036	$104,259
2020	$162,597	$80,924	$1,403,770	$81,673
2019	$134,925	$96,322	$1,322,053	$38,603
2018	$81,620	$95,114	$1,282,938	$-13,494

Menominee Range Historical Foundation