Museums In the Park (EIN 300186121) - 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

2003

Legal Domicile

Principal Officer

Julian Siggers

Phone

3124470460

Tax Period

2024-07-01 to 2025-06-30

Museums In the Park, founded in 2003, is a small nonprofit that reported $283K in total revenue in fiscal year 2024.

Mission

A BUSINESS ASSOCIATION FOR THE ADVANCEMENT OF MEMBER MUSEUMS LOCATED ON CHICAGO PARK DISTRICT LAND THROUGHOUT THE CITY OF CHICAGO.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $282,913

Investment Income $0

Other Revenue $0

TOTAL REVENUE $282,913

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,786

Fundraising Expenses $0

Other Expenses $128,826

TOTAL EXPENSES $309,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$282,913	$268,338	+0.1%
Expenses	$309,612	$286,003	+0.1%
Net Income	$-26,699	$-17,665	+0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Perri Irmer	Director	1.00	Director	$0	$0	$0
Julian Siggers	President	4.00	Officer Director	$0	$0	$0
Madeleine Grynsztejn	Vice President	1.00	Officer Director	$0	$0	$0
Chevy Humphrey	Treasurer	1.00	Officer Director	$0	$0	$0
Michelle Larson	Director	1.00	Director	$0	$0	$0
James Rondeau	Director	1.00	Director	$0	$0	$0
JOSE OCHOA	Director	1.00	Director	$0	$0	$0
Billy Ocasio	Secretary	1.00	Officer Director	$0	$0	$0
Audris Wong	Director	1.00	Director	$0	$0	$0
Bridget Coughlin	Director	1.00	Director	$0	$0	$0
Donald Lassere	Director	1.00	Director	$0	$0	$0
Erin Amico	Director	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	$282,913	$309,612	$146,503	$-26,699
2024	$268,338	$286,003	$156,941	$-17,665
2023	$311,254	$280,042	$217,705	$31,212
2022	$300,744	$300,883	$155,358	$-139
2021	$287,762	$291,126	$238,495	$-3,364
2020	$333,337	$355,351	$106,090	$-22,014
2019	$327,296	$291,777	$114,511	$35,519
2018	$337,377	$329,325	$87,013	$8,052

Museums In the Park