Ludington, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Sandcastles A Lake Michigan Childrens Museum, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $359K in total revenue in fiscal year 2025. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $308K left a modest 14% surplus.
To create an environment that encourages and inspires children and families to explore their world, offering hands-on discovery while stimulating creativity, curiousity, the love of learning, cultural awareness, and positive interactions within and among families.
Exhibits educate children about life in different environments with interactive activities. This includes living on a farm, planting gardens and understanding the impact of the activities. Field...
Exhibits educate children about life in different environments with interactive activities. This includes living on a farm, planting gardens and understanding the impact of the activities. Field trips are offered throughout the season to groups of children locally and for surrounding communities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $358,717 | $291,033 | +0.2% |
| Expenses | $307,744 | $317,449 | 0.0% |
| Net Income | $50,973 | $-26,416 | -2.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Gwen Adams | Executive Director | 40.00 |
|
$61,580 | $0 | $61,580 |
| Kristin Korendyke | Executive Director | 30.00 |
|
$4,461 | $0 | $4,461 |
| Brian Sak | Interim Executive Director | 20.00 |
Officer
|
$2,150 | $0 | $2,150 |
| Sarah Knudsen McMahon | Treasurer | 2.00 |
Director
|
$1,320 | $0 | $1,320 |
| Kelli Stojic | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marsha Barter | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sherlyn Houk | President | 1.00 |
Director
|
$0 | $0 | $0 |
| Joy Martinez | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nanette Kibbey Scribner | Vice President | 2.00 |
Director
|
$0 | $0 | $0 |
| Darlene Ponko | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Jessica Thompson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Natasha Worden-Bilinski | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $358,717 | $307,744 | $856,277 | $50,973 |
| 2024 | $291,033 | $317,449 | $841,639 | $-26,416 |
| 2023 | $295,915 | $289,587 | $856,252 | $6,328 |
| 2022 | $284,663 | $269,103 | $819,497 | $15,560 |
| 2021 | $240,158 | $194,574 | $847,679 | $45,584 |
| 2020 | $100,378 | $141,635 | $865,908 | $-41,257 |
| 2019 | $289,604 | $250,149 | $901,472 | $39,455 |
| 2018 | $227,214 | $193,349 | $684,866 | $33,865 |
Compare Sandcastles A Lake Michigan Childrens Museum with other nonprofits in Michigan and across the country.