EVANSVILLE MUSEUM OF ARTS HISTORY & SCIENCE

EIN: 350874517 501(c)(3) Arts, Culture & Humanities

EVANSVILLE, IN

Total Revenue
$3,226,546
Total Expenses
$1,738,336
Total Assets
$22,410,772
Net Assets
$21,950,915
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
IN
Principal Officer
JENNIFER EVANS
Phone
8124252406
Tax Period
2024-01-01 to 2024-12-31

EVANSVILLE MUSEUM OF ARTS HISTORY & SCIENCE, founded in 1926, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 46% operating margin.

Mission

THE MUSEUM COMMITS TO THE FOLLOWING CORE VALUES: ADHERE TO THE HIGHEST LEVEL OF COLLECTION MANAGEMENT AND INTEGRITY; PROVIDE A DYNAMIC, CHALLENGING EDUCATIONAL EXPERIENCE; HOLD ITSELF TO THE HIGHEST ETHICAL STANDARDS; BE RESPONSIVE TO AND INCLUSIVE OF THE COMMUNITY.

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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 $2,756,405
Program Service Revenue $134,579
Investment Income $3,708
Other Revenue $331,854
TOTAL REVENUE $3,226,546

Expense Breakdown

Grants Paid $0
Salaries & Benefits $748,060
Fundraising Expenses $223,042
Program Expenses $1,220,938
Other Expenses $990,276
TOTAL EXPENSES $1,738,336

Year-over-Year Comparison

2024 2023 Change
Revenue $3,226,546 $1,747,977 +0.8%
Expenses $1,738,336 $1,707,369 +0.0%
Net Income $1,488,210 $40,608 +35.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
21
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
6
$103,105
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE MORRIS MEMBER 3.00
Director
$0 $0 $0
HANNAH DILL MEMBER 3.00
Director
$0 $0 $0
KEITH KINNEY MEMBER 3.00
Director
$0 $0 $0
GAIL PLEDGER MEMBER 3.00
Director
$0 $0 $0
PHILLIP ROBERTS MEMBER 3.00
Director
$0 $0 $0
DEJA JOHNSON MEMBER 3.00
Director
$0 $0 $0
STELLA RESS MEMBER 3.00
Director
$0 $0 $0
MAYTES RIVERA MEMBER 3.00
Director
$0 $0 $0
MARTHA SEAL MEMBER 3.00
Director
$0 $0 $0
MARTHA GOLDMAN MEMBER 3.00
Director
$0 $0 $0
MADELINE HARRIS MEMBER 3.00
Director
$0 $0 $0
DAWN STEVENS MEMBER 3.00
Director
$0 $0 $0
REBECA BAILEY MEMBER 3.00
Director
$0 $0 $0
JOSHUA ARMSTRONG MEMBER 3.00
Director
$0 $0 $0
DAVID BUCUR PAST PRESIDENT 8.00
Officer
$0 $0 $0
ANDREA BYERS TREASURER 8.00
Officer
$0 $0 $0
ADAM BORGMAN PRESIDENT 8.00
Officer
$0 $0 $0
JACK FABER SECRETARY 8.00
Officer
$0 $0 $0
JENNIFER EVANS EXECUTIVE DIRECTOR 45.00
Officer
$103,105 $0 $103,105
RANDA DOLEH PRESIDENT ELECT 8.00
Officer
$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
2024 $3,226,546 $1,738,336 $22,410,772 $1,488,210
2023 $1,747,977 $1,707,369 $21,500,295 $40,608
2022 $1,723,988 $1,581,040 $21,434,149 $142,948
2021 $1,649,549 $1,538,830 $21,257,647 $110,719
2020 $1,699,593 $1,649,777 $21,154,524 $49,816
2019 $2,405,109 $1,960,935 $21,367,339 $444,174
2018 $1,649,288 $2,038,304 $21,051,977 $-389,016
2017 $1,747,005 $2,177,661 $22,532,542 $-430,656
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