FAIRMOUNT HISTORICAL MUSEUM INC (EIN 237454682) - 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

1975

Legal Domicile

Principal Officer

JOHN STARKEY

Phone

7659484330

Tax Period

2020-01-01 to 2020-12-31

FAIRMOUNT HISTORICAL MUSEUM INC, founded in 1975, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $37K in total revenue in fiscal year 2020. Revenue fell 44% from the prior year — a significant decline worth monitoring. Net assets of $392K represent 129 months of operating reserves.

Mission

TO PROMOTE AND MAINTAIN THE HISTORY OF THE TOWN OF FAIRMOUNT, INDIANA, THROUGH THE OPERATION OF A MUSEUM, MUSEUM DAY FESTIVAL, AND CAR SHOW

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,564

Program Service Revenue $0

Investment Income $3,843

Other Revenue $28,175

TOTAL REVENUE $36,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $756

Fundraising Expenses $7,465

Program Expenses $14,636

Other Expenses $36,229

TOTAL EXPENSES $36,985

Year-over-Year Comparison

	2020	2019	Change
Revenue	$36,582	$65,547	-0.4%
Expenses	$36,985	$48,855	-0.2%
Net Income	$-403	$16,692	-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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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

N/A

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
CHRISTY BERRY	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DAVID CROUSE	DIRECTOR	2.00	Director	$0	$0	$0
GALE HIKADE	DIRECTOR	2.00	Director	$0	$0	$0
LEROY JOHNS	DIRECTOR	2.00	Director	$0	$0	$0
DAVID LASHURE	DIRECTOR	2.00	Director	$0	$0	$0
LORI LASHURE	TREASURER	2.00	Officer Director	$0	$0	$0
PATRICK PEMBERTON	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT ROTH	DIRECTOR	2.00	Director	$0	$0	$0
DOROTHY SCHULTZ	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN STARKEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
COY WINSLOW	DIRECTOR	2.00	Director	$0	$0	$0
MARCUS WINSLOW	HONORARY MEM	2.00	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
2020	$36,582	$36,985	$392,129	$-403
2019	$65,547	$48,855	$377,920	$16,692

FAIRMOUNT HISTORICAL MUSEUM INC