MINNETRISTA CULTURAL FOUNDATIONINC

🔒

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

1987

Legal Domicile

Principal Officer

BRIAN STATZ

Phone

7652824848

Tax Period

2023-01-01 to 2023-12-31

MINNETRISTA CULTURAL FOUNDATIONINC, founded in 1987, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $15.2M represent 35 months of operating reserves.

Mission

MINNETRISTA IS THE HOME OF THE BALL JAR; A GATHERING PLACE AND CATALYST FOR COMMUNITY ENGAGEMENT. WE CREATE SHARED EXPERIENCES THAT CONNECT PEOPLE, LEADING TO A BETTER QUALITY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $1,032,826 Revenue: $112,547

THE MINNETRISTA HERITAGE COLLECTION INCLUDES ARTIFACTS, ART, AND ARCHIVAL MATERIAL THAT DOCUMENT THE PEOPLE, PLACES, ORGANIZATIONS, EVENTS, AND BUSINESSES AND INDUSTRIES OF EAST CENTRAL INDIANA. A...

THE MINNETRISTA HERITAGE COLLECTION INCLUDES ARTIFACTS, ART, AND ARCHIVAL MATERIAL THAT DOCUMENT THE PEOPLE, PLACES, ORGANIZATIONS, EVENTS, AND BUSINESSES AND INDUSTRIES OF EAST CENTRAL INDIANA. A MAJOR COMPONENT OF THE COLLECTION IS BALL FAMILY MATERIAL AND BALL CORPORATION BUSINESS RECORDS. SEVERAL ACQUISITIONS WERE RECEIVED IN 2023. THEY INCLUDED MATERIALS AND OBJECTS THAT DOCUMENT THE BALL FAMILY, BALL CORPORATION, AND LOCAL HISTORY. THE MINNETRISTA HERITAGE COLLECTION, BOTH ON-SITE AND ON- LINE, IS ALSO A DESTINATION FOR RESEARCHERS. IN 2023, THERE WERE MORE THAN 44 REMOTE AND IN-PERSON RESEARCH REQUESTS AND APPOINTMENTS. BY THE END OF 2023, THERE WERE MORE THAN 8,295 OBJECTS ONLINE, 6,278 PHOTOGRAPH COLLECTIONS, AND OVER 2,559 ARCHIVAL RECORDS FROM THE MINNETRISTA HERITAGE COLLECTION ON-LINE. THOUSANDS OF ADDITIONAL RECORDS WERE AVAILABLE ONSITE TO RESEARCHERS THROUGH OUR COLLECTIONS MANAGEMENT SYSTEM. THERE WERE OVER 12,000 SEARCHES OF THE ON-LINE COLLECTION IN 2023.

Program 2

Expenses: $1,143,937 Revenue: $124,654

AS THE HOME OF THE BALL JAR, MINNETRISTA CONTINUES TO SERVE AS A LEGACY SITE AND GATHERING PLACE FOR EAST CENTRAL INDIANA. VISITORS COME TO EXPLORE, RECHARGE, AND CONNECT. IN 2023, APPROXIMATELY...

AS THE HOME OF THE BALL JAR, MINNETRISTA CONTINUES TO SERVE AS A LEGACY SITE AND GATHERING PLACE FOR EAST CENTRAL INDIANA. VISITORS COME TO EXPLORE, RECHARGE, AND CONNECT. IN 2023, APPROXIMATELY 100,000 LOCAL, REGIONAL,NATIONAL, AND INTERNATIONAL VISITORS ENJOYED PROGRAMS LIKE PAINTING WORKSHOPS, GLASS WORKSHOPS, SCHOOL TOURS, SUMMER CAMPS, FAMILY DAYS, AND MANY OTHER PROGRAMS AT MINNETRISTA. FAMILIES ATTENDED OUR SIGNATURE EVENTS LIKE FARMERS MARKET, GARDEN FAIR, FAERIES SPRITES & LIGHTS, AND ENCHANTED LUMINARIA WALK.

Program 3

Expenses: $500,644 Revenue: $50,184

MINNETRISTA IMPROVES THE QUALITY OF LIFE FOR EAST CENTRAL INDIANA BY OFFERING A BEAUTIFUL LOCATION IN THE MIDDLE OF MUNCIE. WITH A SIX-ACRE NATURE AREA, 23 ACRES OF THEMED AND HISTORIC GARDENS, AND A STRETCH OF THE WHITE RIVER GREENWAY, MINNETRISTA SERVES AS GREEN SPACE FOR THE COMMUNITY. THIS SPACE CONTINUED TO PROVIDE INVALUABLE RESPITE TO OUR COMMUNITY DURING 2023 AS THE VISITORS SOUGHT WAYS TO GET PHYSICAL AND FIND MENTAL RELIEF FROM LIFE STRESSES CAUSED BY BOTH PERSONAL AND NATIONAL FACTORS LIKE THE PANDEMIC, ECONOMICS, AND POLITICAL PRESSURES.

🔒

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 $4,669,272

Program Service Revenue $287,385

Investment Income $249,660

Other Revenue $-67,887

TOTAL REVENUE $5,138,430

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,677,276

Fundraising Expenses $365,163

Program Expenses $3,270,348

Other Expenses $2,654,734

TOTAL EXPENSES $5,332,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,138,430	$4,714,815	+0.1%
Expenses	$5,332,010	$5,511,104	0.0%
Net Income	$-193,580	$-796,289	-0.8%

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

122

Volunteers

250

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

$283,881

Total Directors

$173,232

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN STATZ	PRES/CEO/TRU	50.00	Officer Director	$139,846	$33,386	$173,232
STEVE MOORE	CHAIR	0.50	Officer Director	$0	$0	$0
ED ARMANTROUT	VICE CHAIR	0.50	Officer Director	$0	$0	$0
SARA SHADE HAMILTON	VICE CHAIR	0.50	Officer Director	$0	$0	$0
JEANNINE HARROLD	SECRETARY	0.50	Officer Director	$0	$0	$0
STEVE SMITH	TRUSTEE	0.50	Director	$0	$0	$0
KATIE MORGAN PEREZ	TRUSTEE	0.50	Director	$0	$0	$0
FAYE CHECHOWICH	TRUSTEE	0.50	Director	$0	$0	$0
ERMALENE FAULKNER	TRUSTEE	0.50	Director	$0	$0	$0
TISHA GIERHART	TRUSTEE	0.50	Director	$0	$0	$0
REBECCA GONYA	TRUSTEE	0.50	Director	$0	$0	$0
CANDACE BANKOVICH	TRUSTEE	0.50	Director	$0	$0	$0
BOB LA FRANCE	TRUSTEE	0.50	Director	$0	$0	$0
ANN LUDWIG	TRUSTEE	0.50	Director	$0	$0	$0
JOHN ANDERSON	TRUSTEE	0.50	Director	$0	$0	$0
TAMMY PHILLIPS	TRUSTEE	0.50	Director	$0	$0	$0
NANCY DAYTON	TRUSTEE	0.50	Director	$0	$0	$0
MATT RUST	TRUSTEE	0.50	Director	$0	$0	$0
JEFF SCOTT	TRUSTEE	0.50	Director	$0	$0	$0
STEVE SLAVIN	TRUSTEE	0.50	Director	$0	$0	$0
MARTY SULEK	TRUSTEE	0.50	Director	$0	$0	$0
JUDY VALOS	TRUSTEE	0.50	Director	$0	$0	$0
CHUCK REYNOLDS	TRUSTEE	0.50	Director	$0	$0	$0
DR TIM FOX	TRUSTEE	0.50	Director	$0	$0	$0
DARLESIA LEE	TRUSTEE	0.50	Director	$0	$0	$0
ERIC LIN	TREASURER	45.00	Officer	$89,539	$21,110	$110,649

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	No data	No data	No data	No data
2023	$5,138,430	$5,332,010	$15,361,209	$-193,580
2022	$4,714,815	$5,511,104	$15,095,200	$-796,289
2021	$5,083,805	$5,295,282	$19,419,646	$-211,477
2020	$4,772,884	$5,003,114	$19,114,657	$-230,230
2019	$4,469,631	$4,685,005	$18,991,797	$-215,374
2018	$4,706,246	$4,447,341	$18,436,596	$258,905