READING PUBLIC MUSEUM ENDOWMENT TRUST

EIN: 237689681 501(c)(3) Arts, Culture & Humanities

READING, PA

Total Revenue
$540,966
Total Expenses
$412,083
Total Assets
$7,332,581
Net Assets
$7,332,581
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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
1991
Legal Domicile
PA
Principal Officer
FDTN FOR THE READING PUBL
Phone
6103715850
Tax Period
2023-01-01 to 2023-12-31

READING PUBLIC MUSEUM ENDOWMENT TRUST, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $541K in total revenue in fiscal year 2023. Revenue surged 254% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 24% operating margin.

Mission

TO PROVIDE INCOME FROM ENDOWMENT FUND FOR SUPPORT FOR THE READING PUBLIC MUSEUM AND RELATED GROUNDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $540,966
Other Revenue $0
TOTAL REVENUE $540,966

Expense Breakdown

Grants Paid $370,299
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $370,299
Other Expenses $41,784
TOTAL EXPENSES $412,083

Year-over-Year Comparison

2023 2022 Change
Revenue $540,966 $152,665 +2.5%
Expenses $412,083 $396,870 +0.0%
Net Income $128,883 $-244,205 -1.5%
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
1
Independent Members
1
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 40.00
$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 No data No data No data No data
2023 $540,966 $412,083 $7,332,581 $128,883
2022 $152,665 $396,870 $7,067,087 $-244,205
2021 $634,440 $387,924 $8,474,610 $246,516
2020 $63,448 $380,942 $7,657,205 $-317,494
2019 $174,216 $375,928 $7,219,182 $-201,712
2018 $364,103 $334,298 $6,323,274 $29,805
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