RUNESTONE MUSEUM FOUNDATION (EIN 237391175) - Form 990 Financial Analysis & Trantor Score

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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

1958

Legal Domicile

Principal Officer

CHAD MEYER

Phone

3207633160

Tax Period

2024-01-01 to 2024-12-31

RUNESTONE MUSEUM FOUNDATION, founded in 1958, is a small nonprofit in the Arts, Culture & Humanities sector that reported $159K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $213K exceeded revenue, resulting in a 34% operating deficit.

Mission

INFORM OUR FUTURE BY PRESERVING OUR PAST WHILE INSPIRING CURIOSITY ABOUT REGIONAL HISTORY AND HERITAGE THROUGH COMMUNITY ENGAGEMENT AND EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $26,770

Program Service Revenue $62,032

Investment Income $2,562

Other Revenue $67,230

TOTAL REVENUE $158,594

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,788

Fundraising Expenses $0

Program Expenses $150,518

Other Expenses $120,472

TOTAL EXPENSES $213,260

Year-over-Year Comparison

	2024	2023	Change
Revenue	$158,594	$99,878	+0.6%
Expenses	$213,260	$173,509	+0.2%
Net Income	$-54,666	$-73,631	-0.3%

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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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
CHAD MEYER	PRESIDENT	1.00	Officer Director	$0	$0	$0
BILL MEYER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MARK HOFF	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN ERICKSON	SECRETARY	1.00	Officer Director	$0	$0	$0
GERI ZABROSKY	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE COSMANO	DIRECTOR	1.00	Director	$0	$0	$0
MEGHANN EDWARDS	DIRECTOR	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
2024	$158,594	$213,260	$647,855	$-54,666
2023	$99,878	$173,509	$700,344	$-73,631
2022	$210,971	$134,247	$769,998	$76,724
2021	$163,001	$108,387	$701,489	$54,614
2020	$152,857	$145,318	$641,822	$7,539
2019	$158,238	$145,675	$588,451	$12,563
2018	$153,573	$139,852	$587,963	$13,721

RUNESTONE MUSEUM FOUNDATION