IOWA GOLD STAR MILITARY MUSEUM BOARD

EIN: 237131824 501(c)(3) Public & Societal Benefit

JOHNSTON, IA

Total Revenue
$67,602
Total Expenses
$68,067
Total Assets
$1,404,979
Net Assets
$1,404,979
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
IA
Principal Officer
ROBERT HOLLIDAY
Phone
5152524531
Tax Period
2024-07-01 to 2025-06-30

IOWA GOLD STAR MILITARY MUSEUM BOARD, founded in 1971, is a micro nonprofit in the Public & Societal Benefit sector that reported $68K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $1.4M represent 249 months of operating reserves.

Mission

THE IOWA GOLD STAR MILITARY MUSEUM'S MISSION IS TO HONOR AND DEPICT THE MILITARY EXPERIENCE OF IOWA CITIZENS IN ALL WARS, HOMELAND DEFENSE AND IOWA SERVICE. THE MUSEUM'S PURPOSE IS TO COLLECT, PRESERVE AND EXHIBIT MATERIALS THAT ILLUSTRATE THE STORY OF IOWA'S MILITARY PAST FROM STATEHOOD TO THE PRESENT. THE IOWA GOLD STAR MUSEUM HONORS THE HEROIC SERVICE OF ALL IOWA VETERANS.

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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 $55,686
Program Service Revenue $11,812
Investment Income $104
Other Revenue $0
TOTAL REVENUE $67,602

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,994
Other Expenses $68,067
TOTAL EXPENSES $68,067

Year-over-Year Comparison

2024 2023 Change
Revenue $67,602 $90,022 -0.2%
Expenses $68,067 $54,796 +0.2%
Net Income $-465 $35,226 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
20

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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM JACKSON SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT HOLLIDAY PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL TREINEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVEN ALTMAN TREASURER 1.00
Officer Director
$0 $0 $0
KEITH LUCHTEL COMMISSION MEMBER 1.00
Director
$0 $0 $0
FORREST SCHNOBRICH COMMISSION MEMBER 1.00
Director
$0 $0 $0
GREGORY HAPGOOD COMMISSION MEMBER 1.00
Director
$0 $0 $0
JUSTINE ALISS COMMISSION MEMBER 1.00
Director
$0 $0 $0
KATHY SELLS COMMISSION MEMBER 1.00
Director
$0 $0 $0
BRANDON COCHRAN COMMISSION MEMBER 1.00
Director
$0 $0 $0
KRISTINE BARTLEY COMMISSION MEMBER 1.00
Director
$0 $0 $0
MARK ZIRKELBACH COMMISSION MEMBER 1.00
Director
$0 $0 $0
NATHAN LUDWIG COMMISSION MEMBER 1.00
Director
$0 $0 $0
PAULA DIERENFELD COMMISSION MEMBER 1.00
Director
$0 $0 $0
TOM CLEGG COMMISSION MEMBER 1.00
Director
$0 $0 $0
DAN GANNON COMMISSION MEMBER 1.00
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 $67,602 $68,067 $1,404,979 $-465
2024 $90,022 $54,796 $1,405,857 $35,226
2023 $51,282 $37,142 $1,370,218 $14,140
2022 $102,068 $46,086 $1,356,755 $55,982
2021 $56,644 $22,587 $1,300,096 $34,057
2020 $97,069 $35,400 $1,268,128 $61,669
2019 $87,521 $42,845 $1,204,465 $44,676
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