Friends of the New London Public Museum Inc (EIN 272533891) - 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

2008

Legal Domicile

Phone

9209828520

Tax Period

2025-01-01 to 2025-12-31

Friends of the New London Public Museum Inc, founded in 2008, is a small nonprofit in the Education sector that reported $291K in total revenue in fiscal year 2025. Revenue surged 302% from the prior year, signaling strong growth momentum. The organization ran a surplus of $256K, a strong 88% operating margin.

Mission

Provides auxiliary funding/advocacy for NL Public Museum

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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 (2025)

Revenue Breakdown

Contributions & Grants $272,758

Program Service Revenue $15,357

Investment Income $2,610

Other Revenue $0

TOTAL REVENUE $290,725

Expense Breakdown

Grants Paid $2,592

Salaries & Benefits $23,235

Fundraising Expenses $2,298

Program Expenses $2,592

Other Expenses $8,892

TOTAL EXPENSES $34,719

Year-over-Year Comparison

	2025	2024	Change
Revenue	$290,725	$72,279	+3.0%
Expenses	$34,719	$15,424	+1.3%
Net Income	$256,006	$56,855	+3.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terry Wegner	President	2.00	Officer Director	$0	$0	$0
Hans Thompson	Vice President	2.00	Officer Director	$0	$0	$0
Ruth Carpenter	Secretary	2.00	Officer Director	$0	$0	$0
Leah Seavecki	Treasurer	5.00	Officer Director	$0	$0	$0
Scott Bleck	Board Member	1.50	Director	$0	$0	$0
Bruce Davis	Board Member	1.50	Director	$0	$0	$0
William Schmidt	Board Member	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	$290,725	$34,719	$449,551	$256,006

Friends of the New London Public Museum Inc