LOUIS ARMSTRONG HOUSE MUSEUM (EIN 264178283) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

REGINA BAIN

Phone

7184788274

Tax Period

2023-07-01 to 2024-06-30

LOUIS ARMSTRONG HOUSE MUSEUM, founded in 2008, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 57% operating margin.

Mission

THE LOUIS ARMSTRONG HOUSE MUSEUM SUSTAINS AND PROMOTES THE CULTURAL, HISTORICAL, AND HUMANITARIAN LEGACY OF LOUIS ARMSTRONG BY PRESERVING AND INTERPRETING ARMSTRONG'S HOUSE AND GROUNDS, COLLECTING AND SHARING ARCHIVAL MATERIALS THAT DOCUMENT ARMSTRONG'S LIFE AND LEGACY, AND PRESENTING PUBLIC PROGRAMS SUCH AS EXHIBITS, CONCERTS, LECTURES, AND FILM SCREENINGS. THE MUSEUM SEEKS TO EDUCATE AND INSPIRE PEOPLE OF ALL AGES, ORIGINS, AND LOCATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,191,284

Program Service Revenue $228,273

Investment Income $15,133

Other Revenue $52,619

TOTAL REVENUE $4,487,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $518,368

Fundraising Expenses $175,776

Program Expenses $1,493,364

Other Expenses $1,353,579

TOTAL EXPENSES $1,916,947

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,487,309	$2,383,546	+0.9%
Expenses	$1,916,947	$1,761,718	+0.1%
Net Income	$2,570,362	$621,828	+3.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$166,215

Total Directors

$166,215

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY HERSHENSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GAIL COLEMAN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
STEPHEN MAITLAND-LEWIS	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELLE STODDART	SECRETARY	1.00	Officer Director	$0	$0	$0
REGINA BAIN	EXECUTIVE DIRECTOR	40.00	Officer Director	$18,526	$0	$166,215
JACKIE HARRIS	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY ROSENSTOCK	TRUSTEE	1.00	Director	$0	$0	$0
PHILIP BERRY	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT F SMITH	TRUSTEE	1.00	Director	$0	$0	$0
FRANK WU	TRUSTEE	1.00	Director	$0	$0	$0
DAVID J BODNEY	TRUSTEE	1.00	Director	$0	$0	$0
LARRY MILLER	TRUSTEE	1.00	Director	$0	$0	$0
JULISSA FERRERAS-COPELAND	TRUSTEE	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
2025	No data	No data	No data	No data
2024	$4,487,309	$1,916,947	$5,331,333	$2,570,362
2023	$2,383,546	$1,761,718	$2,756,688	$621,828
2022	$1,930,976	$1,231,631	$2,090,029	$699,345
2021	$1,440,649	$1,031,384	$1,620,046	$409,265
2020	$1,004,307	$1,011,597	$979,460	$-7,290
2019	$668,037	$1,173,202	$968,882	$-505,165
2018	$917,129	$2,225,110	$1,468,939	$-1,307,981

LOUIS ARMSTRONG HOUSE MUSEUM