NATIONAL FRESH WATER FISHING HALL OF FAME INC

EIN: 237246254 501(c)(3) Arts, Culture & Humanities

HAYWARD, WI

Total Revenue
$413,515
Total Expenses
$299,988
Total Assets
$1,496,055
Net Assets
$1,487,598
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
WI
Principal Officer
THOMAS TURNGREN
Phone
7156344440
Tax Period
2024-01-01 to 2024-12-31

NATIONAL FRESH WATER FISHING HALL OF FAME INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $414K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $114K, a strong 27% operating margin.

Mission

MAINTAINING A HALL OF FAME & MUSEUM WHERE THE HISTORY OF FISHING IS PORTRAYED FOR MEMBERS AND VISITORS IN AN INFORMATIVE AND EDUCATIONAL MANNER. THE HALL ALSO PROVIDES A PUBLIC EDUCATION SERVICE FOR SPORTSWRITERS, AN INTEGRAL PROGRAM FOR FISH RECORDS, A RESEARCH LIBRARY, TOURS FOR GROUPS AND STUDENTS AND FISHING CLINICS, THE HALL SERVES AN ESTIMATED 100,000 VISITORS A YEAR, NO DEFINITE COSTS ARE AVAILABLE FOR THESE VARIOUS PROGRAMS, BUT THEY ALL ENTER INTO THE TOTAL COSTS ALLOCATED FOR PROGRAM SERVICES

Program Service Accomplishments

Program 1
Expenses: $241,130 Revenue: $286,578

OPERATION OF THE MUSEUM AND ALL ITS EDUCATIONAL PROGRAMS

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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 $68,851
Program Service Revenue $241,372
Investment Income $45,206
Other Revenue $58,086
TOTAL REVENUE $413,515

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,707
Fundraising Expenses $19,703
Program Expenses $241,130
Other Expenses $111,281
TOTAL EXPENSES $299,988

Year-over-Year Comparison

2024 2023 Change
Revenue $413,515 $669,566 -0.4%
Expenses $299,988 $301,931 0.0%
Net Income $113,527 $367,635 -0.7%
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

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Governance

Voting Members
9
Independent Members
9
Employees
9
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BECKWITH DIRECTOR 1.00
Director
$0 $0 $0
SCOTT ALLEN DIRECTOR 1.00
Director
$0 $0 $0
DAVID D PERKINS DIRECTOR 1.00
Director
$0 $0 $0
DON ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
DEAN BORTZ DIRECTOR 1.00
Director
$0 $0 $0
DEAN BORTZ SECRETARY 5.00
Officer
$0 $0 $0
THOMAS TURNGREN TREASURER 5.00
Officer
$0 $0 $0
JOHN DETTLOFF PRESIDENT 5.00
Officer
$0 $0 $0
WENDY WILLIAMSON VICE PRESIDENT 5.00
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
2024 $413,515 $299,988 $1,496,055 $113,527
2023 $669,566 $301,931 $1,373,489 $367,635
2022 $379,568 $259,890 $984,195 $119,678
2021 $448,545 $267,739 $902,047 $180,806
2020 $374,386 $239,167 $712,813 $135,219
2019 $288,250 $278,577 $561,952 $9,673
2018 $326,485 $256,577 $543,222 $69,908
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