WALSENBURG, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MUSEUM OF FRIENDS, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $200K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Net assets of $926K represent 55 months of operating reserves.
THE MUSEUM OF FRIENDS (MOF), MISSION IS TO HONOR THE ARTISTS WHO HAVE FREELY GIVEN ART TO THE MUSEUM'S FOUNDERS, ESTABLISHING ITS COLLECTION. WE FOSTER OPEN INQUIRY TOWARD CULTURAL EDUCATION THROUGH EXHIBITIONS, PUBLIC AND EDUCATIONAL PROGRAMS, AND A PUBLIC ART REFERENCE LIBRARY, ALONGSIDE OUR PERMANENT COLLECTION. WE PLEDGE TO SERVE COLORADO AS A CULTURAL RESOURCE, CREATING OPPORTUNITIES FOR THE UNDERSERVED, UNDERREPRESENTED, AND UNDER- RESOURCED COMMUNITY OF HUERFANO COUNTY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $200,453 | $387,596 | -0.5% |
| Expenses | $210,701 | $197,183 | +0.1% |
| Net Income | $-10,248 | $190,413 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| C B BERGER | PRESIDENT/TR | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| MONICA BIRRER | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAZZ K BERGER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH BERGER-HABERMANN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD FARLEY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| B HABERMANN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| IRENE MARTINEZ-GRILLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN MCCUTCHAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALYS ROMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF SHAW | BOARD CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| HEIDI EVERSLEY | EDUCATION CH | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $200,453 | $210,701 | $1,160,736 | $-10,248 |
| 2023 | $387,596 | $197,183 | $1,171,276 | $190,413 |
| 2022 | $266,770 | $197,288 | $982,748 | $69,482 |
| 2021 | $240,796 | $230,434 | $915,317 | $10,362 |
| 2020 | $289,100 | $159,322 | $902,595 | $129,778 |
| 2019 | $507,827 | $143,592 | $772,363 | $364,235 |
| 2018 | $193,118 | $138,045 | $787,031 | $55,073 |
Compare MUSEUM OF FRIENDS with other nonprofits in Colorado and across the country.