MUSEUM OF THE OLD WEST

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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

1971

Legal Domicile

Principal Officer

LARRY EDGAR

Phone

3075875302

Tax Period

2025-01-01 to 2025-12-31

MUSEUM OF THE OLD WEST, founded in 1971, is a small nonprofit that reported $575K in total revenue in fiscal year 2025. The organization ran a surplus of $203K, a strong 35% operating margin.

Mission

MUSEUM OF THE OLD WEST EXISTS TO CONSERVE ARTIFACTS AND BUILDINGS WHICH REPRESENT THE STORY OF WYOMING DURING OUR COUNTRY'S WESTWARD EXPANSION FROM THE FUR TRADE ERA TO THE EARLY 1900S. WE EDUCATE THE NEARLY 25,000 VISITORS PER SEASON ON THE WAY THE WEST WAS THROUGH INTERPRETIVE PROGRAMS AND DISPLAYS.

Program Service Accomplishments

Program 1

Expenses: $256,933 Revenue: $437,563

MUSEUM OF THE OLD WEST EXISTS TO CONSERVE ARTIFACTS AND BUILDINGS WHICH REPRESENT THE STORY OF WYOMING DURING OUR COUNTRY'S WESTWARD EXPANSION FROM THE FUR TRADE ERA TO THE EARLY 1900S. WE EDUCATE...

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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 (2025)

Revenue Breakdown

Contributions & Grants $8,446

Program Service Revenue $437,563

Investment Income $31,067

Other Revenue $97,738

TOTAL REVENUE $574,814

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,624

Fundraising Expenses $0

Program Expenses $256,933

Other Expenses $167,055

TOTAL EXPENSES $371,679

Year-over-Year Comparison

	2025	2024	Change
Revenue	$574,814	$533,037	+0.1%
Expenses	$371,679	$346,331	+0.1%
Net Income	$203,135	$186,706	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM COVERT	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS FINLEY	DIRECTOR	2.00	Director	$0	$0	$0
PAUL GEORGE	PRESIDENT	2.00	Director	$0	$0	$0
BOB PAPPENFORT	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL SALISBURY	DIRECTOR	2.00	Director	$0	$0	$0
LARRY EDGAR	SECRETARY/TR	2.00	Officer	$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	$574,814	$371,679	$3,396,236	$203,135
2024	$533,037	$346,331	$3,181,243	$186,706
2023	$471,671	$313,846	$2,994,182	$157,825
2022	$384,896	$372,332	$2,836,628	$12,564
2021	$475,834	$246,757	$2,823,924	$229,077
2020	$285,122	$248,437	$2,604,011	$36,685
2019	$360,755	$240,508	$2,557,785	$120,247
2018	$313,990	$214,220	$2,437,355	$99,770