OWENSBORO MUSEUM OF FINE ART INC

EIN: 310896672 501(c)(3) Arts, Culture & Humanities

OWENSBORO, KY

Total Revenue
$607,434
Total Expenses
$616,195
Total Assets
$8,702,098
Net Assets
$8,505,597
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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
1976
Legal Domicile
KY
Principal Officer
JASON HAYDEN
Phone
2706853181
Tax Period
2024-07-01 to 2025-06-30

OWENSBORO MUSEUM OF FINE ART INC, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $607K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $8.5M represent 168 months of operating reserves.

Mission

TO FAMILIARIZE THE PUBLIC WITH FINE ART.

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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 (2024)

Revenue Breakdown

Contributions & Grants $604,864
Program Service Revenue $2,565
Investment Income $5
Other Revenue $0
TOTAL REVENUE $607,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $346,305
Fundraising Expenses $47,059
Program Expenses $446,112
Other Expenses $269,890
TOTAL EXPENSES $616,195

Year-over-Year Comparison

2024 2023 Change
Revenue $607,434 $525,604 +0.2%
Expenses $616,195 $492,044 +0.3%
Net Income $-8,761 $33,560 -1.3%
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

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Governance

Voting Members
15
Independent Members
13
Employees
11
Volunteers
145

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
3
$193,394
Total Directors
15
$193,394
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY BRYAN HOOD PRESIDENT/DIRECTOR (THRU 11/2024) 30.00
Officer Director
$55,076 $20,022 $93,457
DAVID E BOSWELL BOARD MEMBER 1.00
Director
$0 $0 $0
DR JAMES F NAAS CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR R WATHEN MEDLEY JR CHAIRMAN EMERITUS 1.00
Director
$0 $0 $0
GAIL REISZ BRANCH BOARD MEMBER 1.00
Director
$0 $0 $0
NICK HETMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ANN MURPHY KINCHELOE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN FAITH POTTER BOARD MEMBER 1.00
Director
$0 $0 $0
SELMA WIESENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNA KENDALL BOARD MEMBER 1.00
Director
$0 $0 $0
PAM SMITH-WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
JIM ESTES BOARD MEMBER 1.00
Director
$0 $0 $0
HELEN BRADLEY BOARD MEMBER 1.00
Director
$0 $0 $0
BROOK FORREST WHITE JR BOARD MEMBER 1.00
Director
$0 $0 $0
JASON HAYDEN EXECUTIVE DIRECTOR (SINCE 11/2024) 30.00
Officer Director
$59,488 $20,620 $99,937
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 $607,434 $616,195 $8,702,098 $-8,761
2024 $525,604 $492,044 $7,738,733 $33,560
2023 $406,556 $439,272 $6,980,370 $-32,716
2022 $503,553 $452,218 $5,733,557 $51,335
2021 $426,359 $447,584 $5,269,387 $-21,225
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