MOUNTAIN PLAINS MUSEUMS ASSOCIATION

EIN: 237117775 501(c)(3)

BROKEN ARROW, OK

Total Revenue
$148,471
Total Expenses
$195,991
Total Assets
$121,487
Net Assets
$121,487
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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
1972
Legal Domicile
OK
Principal Officer
JUSTIN JAKOVAC
Phone
4408127221
Tax Period
2022-01-01 to 2022-12-31

MOUNTAIN PLAINS MUSEUMS ASSOCIATION, founded in 1972, is a small nonprofit that reported $148K in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $196K exceeded revenue, resulting in a 32% operating deficit.

Mission

ORGANIZATION OF MUSEUMS AND MUSEUM PROFESSIONALS THAT ADVOCATES EXCELLENCE IN THE FIELD, PROVIDES A FORUM FOR COMMUNICATION BETWEEN ITS MEMBERS, AND SHARES CREATIVE LEARNING OPPORTUNITIES WITH THE REGION'S DIVERSE AUDIENCES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $61,080
Program Service Revenue $81,906
Investment Income $5,485
Other Revenue $0
TOTAL REVENUE $148,471

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,701
Fundraising Expenses $0
Program Expenses $157,521
Other Expenses $124,290
TOTAL EXPENSES $195,991

Year-over-Year Comparison

2022 2021 Change
Revenue $148,471 $135,387 +0.1%
Expenses $195,991 $124,300 +0.6%
Net Income $-47,520 $11,087 -5.3%
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
27
Independent Members
27
Employees
2
Volunteers
10

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
6
$66,571
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN JAKOVAC EXECUTIVE DI 40.00
Officer
$66,571 $0 $66,571
HYOJUNG CHO BOARD MEMBER N/A
Director
$0 $0 $0
ANDREW DUNEHOO VICE PRESIDE N/A
Officer Director
$0 $0 $0
SUSIE FISHMAN-ARMSTRONG BOARD MEMBER N/A
Director
$0 $0 $0
AMY LOCH TREASURER N/A
Officer Director
$0 $0 $0
MAGGIE MAZZULLO BOARD MEMBER N/A
Director
$0 $0 $0
DONNA MERKT BOARD MEMBER N/A
Director
$0 $0 $0
CARRIE MEYER BOARD MEMBER N/A
Director
$0 $0 $0
STEFANI S PENDERGAST BOARD MEMBER N/A
Director
$0 $0 $0
SANDRA REDDISH BOARD MEMBER N/A
Director
$0 $0 $0
SUSAN ROWE BOARD MEMBER N/A
Director
$0 $0 $0
DELAYNNA TRIM PRESIDENT N/A
Officer Director
$0 $0 $0
NATHAN TURNER SECRETARY N/A
Officer Director
$0 $0 $0
HEIDI VAUGHN PAST PRESIDE N/A
Officer Director
$0 $0 $0
JOHN WOODWARD BOARD MEMBER 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
2022 $148,471 $195,991 $121,487 $-47,520
2021 $135,387 $124,300 $194,993 $11,087
2020 $82,657 $92,241 $177,840 $-9,584
2019 $205,267 $213,573 $182,707 $-8,306
2018 $151,712 $148,312 $174,384 $3,400
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