ASSOCIATION OF ART MUSEUM DIRECTORS

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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

1969

Legal Domicile

Principal Officer

CHRISTINE ANAGNOS

Phone

2127548084

Tax Period

2023-07-01 to 2024-06-30

ASSOCIATION OF ART MUSEUM DIRECTORS, founded in 1969, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2023. Expenses of $2.1M left a modest 9% surplus.

Mission

TO PROMOTE AND DEVELOP ART MUSEUMS

Program Service Accomplishments

Program 1

Expenses: $2,071,638

PROMOTION AND DEVELOPMENT OF ART MUSEUMS

Program 2

Expenses: $0

DIVERSITY INTERNSHIP PROGRAM

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,954,033

Program Service Revenue $155,650

Investment Income $143,388

Other Revenue $19,226

TOTAL REVENUE $2,272,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,178,626

Fundraising Expenses $0

Program Expenses $2,071,638

Other Expenses $893,012

TOTAL EXPENSES $2,071,638

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,272,297	$2,236,737	+0.0%
Expenses	$2,071,638	$1,790,582	+0.2%
Net Income	$200,659	$446,155	-0.6%

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

N/A

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

$328,029

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHAN JOST	PRESIDENT	3.00	Officer Director	$0	$0	$0
MARCELLE POLEDNIK	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SCOTT STULEN	2ND VP & SECRETARY	2.00	Officer Director	$0	$0	$0
LINDA HARRISON	TREASURER	2.00	Director	$0	$0	$0
ANDREW WALKER	TRUSTEE	2.00	Director	$0	$0	$0
ANDRIA DERSTINE	TRUSTEE	2.00	Director	$0	$0	$0
ANDY MAUS	TRUSTEE	2.00	Director	$0	$0	$0
BETSY BRADLEY	TRUSTEE	2.00	Director	$0	$0	$0
BILL GRISWOLD	TRUSTEE	2.00	Director	$0	$0	$0
CAMERON KITCHIN	TRUSTEE	2.00	Director	$0	$0	$0
ERIK NEIL	TRUSTEE	2.00	Director	$0	$0	$0
JANNE SIREN	TRUSTEE	2.00	Director	$0	$0	$0
JULIA MARCIARI-ALEXANDER	TRUSTEE	2.00	Director	$0	$0	$0
JULIE DECKER	TRUSTEE	2.00	Director	$0	$0	$0
KIM SAJET	TRUSTEE	2.00	Director	$0	$0	$0
MIKI GARCIA	TRUSTEE	2.00	Director	$0	$0	$0
MIN JUNG KIM	TRUSTEE	2.00	Director	$0	$0	$0
NORA ABRAMS	TRUSTEE	2.00	Director	$0	$0	$0
SASHA SUDA	TRUSTEE	2.00	Director	$0	$0	$0
SIMONE WICHA	TRUSTEE	2.00	Director	$0	$0	$0
TOM DENENBERG	TRUSTEE	2.00	Director	$0	$0	$0
CHRISTINE S ANAGNOS	EXECUTIVE DIRECTOR	40.00	Officer	$276,940	$51,089	$328,029
ANITA DIFANIS	DIRECTOR OF GOV'T AFFAIRS	40.00	Highest	$158,578	$22,210	$180,788
ANDREW FINCH	DIRECTOR OF POLICY	40.00	Highest	$128,036	$19,101	$147,137
ALISON D WADE	EXECUTIVE ASSISSTANT	40.00	Highest	$115,805	$19,397	$135,202
STEPHANIE YAO	ADMINISTRATIVE ASSISSTANT	40.00	Highest	$105,705	$18,776	$124,481

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	$2,272,297	$2,071,638	$7,254,160	$200,659
2023	$2,236,737	$1,790,582	$6,294,817	$446,155
2022	$2,201,542	$1,473,232	$5,658,406	$728,310
2021	$1,943,757	$1,381,408	$5,448,938	$562,349
2020	$2,055,620	$1,560,630	$4,333,094	$494,990
2019	$2,096,612	$1,673,843	$3,817,407	$422,769