JOHNSTOWN AREA HERITAGE ASSOCIATION

EIN: 251247390 501(c)(3) Arts, Culture & Humanities

JOHNSTOWN, PA

Total Revenue
$782,964
Total Expenses
$1,589,693
Total Assets
$6,053,655
Net Assets
$3,201,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
PA
Principal Officer
ERNEST PETERSEN
Phone
8145391889
Tax Period
2023-10-01 to 2024-09-30

JOHNSTOWN AREA HERITAGE ASSOCIATION, founded in 1971, is a small nonprofit in the Arts, Culture & Humanities sector that reported $783K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 103% operating deficit.

Mission

THE JOHNSTOWN AREA HERITAGE ASSOCIATION IS DEDICATED TO PRESERVING AND INTERPRETING THE NATIONALLY SIGNIFICANT HISTORIC HERITAGE OF THE GREATER JOHNSTOWN AREA THROUGH ITS MUSEUM FACILITIES, HISTORICAL COLLECTIONS, AND EDUCATION 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 (2023)

Revenue Breakdown

Contributions & Grants $255,100
Program Service Revenue $183,589
Investment Income $0
Other Revenue $344,275
TOTAL REVENUE $782,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $428,930
Fundraising Expenses $0
Program Expenses $1,589,693
Other Expenses $1,160,763
TOTAL EXPENSES $1,589,693

Year-over-Year Comparison

2023 2022 Change
Revenue $782,964 $864,362 -0.1%
Expenses $1,589,693 $1,662,663 0.0%
Net Income $-806,729 $-798,301 +0.0%
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

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Governance

Voting Members
13
Independent Members
13
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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN SOLOMON CHAIR 0.50
Officer Director
$0 $0 $0
DR PAUL DOUGLAS NEWMAN 1ST VICE CHAIR 0.50
Officer Director
$0 $0 $0
BARRY GALLAGHER 2ND VICE CHAIR 0.50
Officer Director
$0 $0 $0
ERNIE PETERSEN TREASURER 0.50
Officer Director
$0 $0 $0
JESPER NIELSEN SECRETARY 0.50
Officer Director
$0 $0 $0
LISA HURST BOARD MEMBER 0.50
Director
$0 $0 $0
MIKE ARTIM BOARD MEMBER 0.50
Director
$0 $0 $0
ALAN CASHAW BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL CASHAW BOARD MEMBER 0.50
Director
$0 $0 $0
BRYAN HUMMEL BOARD MEMBER 0.50
Director
$0 $0 $0
SEAN MCCOOL BOARD MEMBER 0.50
Director
$0 $0 $0
BARRY POLSTER BOARD MEMBER 0.50
Director
$0 $0 $0
MIKE TEDESCO BOARD MEMBER 0.50
Director
$0 $0 $0
JAMES TUCKER BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID WARD BOARD MEMBER 0.50
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 $782,964 $1,589,693 $6,053,655 $-806,729
2023 $864,362 $1,662,663 $6,822,950 $-798,301
2022 $1,368,854 $1,382,292 $7,066,621 $-13,438
2021 $1,232,153 $1,288,592 $7,860,133 $-56,439
2020 $527,346 $1,329,789 $7,603,010 $-802,443
2019 $643,502 $1,485,434 $8,170,910 $-841,932
2018 $809,820 $1,647,050 $9,060,540 $-837,230
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