FIELD MUSEUM OF NATURAL HISTORY

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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

1893

Legal Domicile

Principal Officer

JULIAN F SIGGERS

Phone

3129229410

Tax Period

2024-01-01 to 2024-12-31

FIELD MUSEUM OF NATURAL HISTORY, founded in 1893, is a major nonprofit in the Arts, Culture & Humanities sector that reported $114.8M in total revenue in fiscal year 2024. The organization ran a surplus of $19.5M, a strong 17% operating margin.

Mission

THE FIELD MUSEUM IS AN EDUCATIONAL INSTITUTION CONCERNED WITH THE RELATIONSHIPS IN NATURE AND AMONG CULTURES. IT PROVIDES COLLECTION-BASED RESEARCH AND LEARNING FOR GREATER PUBLIC UNDERSTANDING AND APPRECIATION OF THE WORLD (CONTINUED ON SCHEDULE O) IN WHICH WE LIVE. ITS COLLECTIONS, PUBLIC LEARNING PROGRAMS, AND RESEARCH ARE INSEPARABLY LINKED TO SERVE A DIVERSE PUBLIC OF VARIED AGES, BACKGROUNDS AND KNOWLEDGE.

Program Service Accomplishments

Program 1

Expenses: $32,000,012 Revenue: $368,997

SCIENCE & EDUCATION: SCIENCE AND EDUCATION CONSISTS OF FOUR COMPLEMENTARY CENTERS-THE COLLECTIONS CENTER, THE INTEGRATIVE RESEARCH CENTER, THE SCIENCE ACTION CENTER, AND THE LEARNING CENTER...

SCIENCE & EDUCATION: SCIENCE AND EDUCATION CONSISTS OF FOUR COMPLEMENTARY CENTERS-THE COLLECTIONS CENTER, THE INTEGRATIVE RESEARCH CENTER, THE SCIENCE ACTION CENTER, AND THE LEARNING CENTER. TOGETHER, THESE CENTERS ADVANCE THE MUSEUM'S MISSION OF UNDERSTANDING THE PAST, EXPLORING ITS PRESENT, AND SHAPING A FUTURE FOR THE EARTH. THE COLLECTIONS AMOUNT TO OVER 30,000,000 NATURAL OBJECTS AND MAN-MADE ARTIFACTS SPANNING THE MUSEUM'S FOUR DISCIPLINES - ANTHROPOLOGY, BOTANY, GEOLOGY, AND ZOOLOGY.

Program 2

Expenses: $22,543,438 Revenue: $20,863,775

PUBLIC PROGRAMS: THE MUSEUM BRINGS SCIENCE TO LIFE WITH MORE THAN 400,000 SQUARE FEET OF SPACE DEVOTED TO EXHIBITIONS AND OTHER PUBLIC PROGRAMS. IN 2024, THE MUSEUM WELCOMED MORE THAN 1,220,000...

PUBLIC PROGRAMS: THE MUSEUM BRINGS SCIENCE TO LIFE WITH MORE THAN 400,000 SQUARE FEET OF SPACE DEVOTED TO EXHIBITIONS AND OTHER PUBLIC PROGRAMS. IN 2024, THE MUSEUM WELCOMED MORE THAN 1,220,000 VISITORS.

Program 3

Expenses: $16,308,854 Revenue: $79,654

MUSEUM SERVICES: THE MUSEUM HAS APPROXIMATELY 1,300,000 SQUARE FEET FOR WHICH MUSEUM SERVICES PROVIDES ENGINEERING, MAINTENANCE, AND SECURITY, AS WELL AS DIRECTLY SUPPORTS THE SCIENCE AND EDUCATION...

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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 $44,767,255

Program Service Revenue $30,406,582

Investment Income $39,994,666

Other Revenue $-354,062

TOTAL REVENUE $114,814,441

Expense Breakdown

Grants Paid $496,866

Salaries & Benefits $42,873,399

Fundraising Expenses $6,740,467

Program Expenses $79,137,816

Other Expenses $51,673,454

TOTAL EXPENSES $95,268,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,814,441	$110,061,595	+0.0%
Expenses	$95,268,967	$94,905,718	+0.0%
Net Income	$19,545,474	$15,155,877	+0.3%

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

Governance

Voting Members

Independent Members

Employees

717

Volunteers

425

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

$1,602,777

Total Directors

$874,416

Key Employees

$645,061

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIAN F SIGGERS	PRESIDENT + CEO	35.00	Officer Director	$840,238	$34,178	$874,416
JOHN L BUCKSBAUM	VICE CHAIR, FACILITIES & ADMIN SRVS	3.00	Officer Director	$0	$0	$0
DR RICHARD A CHAIFETZ	VICE CHAIR, GOVERNMENT RELATIONS	3.00	Officer Director	$0	$0	$0
RICHARD W COLBURN	EXECUTIVE MEMBER AT LARGE	3.00	Officer Director	$0	$0	$0
ROBERT W CRAWFORD JR	VICE CHAIR, AUDIT	3.00	Officer Director	$0	$0	$0
MARSHA A CRUZAN	VICE CHAIR, GOVERNANCE	3.00	Officer Director	$0	$0	$0
JEFFREY T FOLAND	VICE CHAIR, MARKETING	3.00	Officer Director	$0	$0	$0
MARSHALL B FRONT	VICE CHAIR, INVESTMENT	3.00	Officer Director	$0	$0	$0
WILBUR H GANTZ III	CHAIR EMERITUS	3.00	Officer Director	$0	$0	$0
KAREN Z GRAY-KREHBIEL	EXECUTIVE MEMBER AT LARGE	3.00	Officer Director	$0	$0	$0
DAVID D HILLER	VICE CHAIR, INTEGRATIVE RESEARCH	3.00	Officer Director	$0	$0	$0
JAMEE C FIELD KANE	VICE CHAIR, DEVELOPMENT	3.00	Officer Director	$0	$0	$0
JEFFREY B KELLER	VICE CHAIR, SCIENCE ACTION	3.00	Officer Director	$0	$0	$0
JORGE M LEON	VICE CHAIR, RETIREMENT AND BENEFITS	3.00	Officer Director	$0	$0	$0
MARGARET B MACLEAN	VICE CHAIR, COLLECTIONS	3.00	Officer Director	$0	$0	$0
BOBBY MEHTA	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
MICHAEL O'GRADY	SECRETARY	3.00	Officer Director	$0	$0	$0
JESSICA P SAROWITZ	VICE CHAIR, DIVERSITY, EQUITY, ACCESS & INCLUSION	3.00	Officer Director	$0	$0	$0
JAI SHEKHAWAT	VICE CHAIR, DIGITAL ENGAGEMENT	3.00	Officer Director	$0	$0	$0
MATTHEW K SIMON	EXECUTIVE MEMBER AT LARGE	3.00	Officer Director	$0	$0	$0
DAWN L SOLOMON	VICE CHAIR, EXHIBITIONS	3.00	Officer Director	$0	$0	$0
JASON M WORTENDYKE	VICE CHAIR, FINANCE	3.00	Officer Director	$0	$0	$0
ARJUN AGGARWAL	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN M BENTON	BOARD MEMBER	1.00	Director	$0	$0	$0
HOWARD B BERNICK	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER T BERTSCHY	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY E BEST	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHLEEN M BOEGE	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH BRADY	BOARD MEMBER	1.00	Director	$0	$0	$0
EULER BROPLEH	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY CAHILLANE	BOARD MEMBER	1.00	Director	$0	$0	$0
GREGORY C CASE	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW CLARKE	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID COTTON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK J COZZI	BOARD MEMBER	1.00	Director	$0	$0	$0
SIR PETER CRANE FRS	BOARD MEMBER	1.00	Director	$0	$0	$0
WENDELL DALLAS	BOARD MEMBER	1.00	Director	$0	$0	$0
OSCAR A DAVID	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDY DEROMEDI	BOARD MEMBER	1.00	Director	$0	$0	$0
LAUREN JIGGETTS-DONOVAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARGERY KAMIN FEITLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARSHALL FIELD V	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL E FLANNERY	BOARD MEMBER	1.00	Director	$0	$0	$0
NATASHA GALAVOTTI	BOARD MEMBER	1.00	Director	$0	$0	$0
F NEAL GRAM III	BOARD MEMBER	1.00	Director	$0	$0	$0
JACK M GREENBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY GREFFIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LEWIS S GRUBER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN J HAMILL	BOARD MEMBER	1.00	Director	$0	$0	$0
CARYN HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
CONSTANCE T KELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANNON M KENNEDY	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD L KEYSER	BOARD MEMBER - PART YEAR	1.00	Director	$0	$0	$0
WILLIAM C KUNKLER III	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH P LACHER JR	BOARD MEMBER	1.00	Director	$0	$0	$0
AMBASSADOR FAY HARTOG-LEVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD LEVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANE VON SCHLEGELL LEVY	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA MEANEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID MOORE	BOARD MEMBER	1.00	Director	$0	$0	$0
NEIL S NOVICH	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES J O'CONNOR JR	BOARD MEMBER - PART YEAR	1.00	Director	$0	$0	$0
CHRISTOPHER A O'HERLIHY	BOARD MEMBER	1.00	Director	$0	$0	$0
DR DAVID OXTOBY	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNETH O'KEEFE	BOARD MEMBER	1.00	Director	$0	$0	$0
ASUTOSH PADHI	BOARD MEMBER	1.00	Director	$0	$0	$0
AURIE A PENNICK	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN F PODJASEK III	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER B POND	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN RAU	BOARD MEMBER - PART YEAR	1.00	Director	$0	$0	$0
THOMAS S RICKETTS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOAN RUBSCHLAGER	BOARD MEMBER	1.00	Director	$0	$0	$0
DR DILARA SAYEED	BOARD MEMBER	1.00	Director	$0	$0	$0
NYDIA S SEARLE	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER L SHERMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ADELE S SIMMONS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY L SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS S SOULELES	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK TEBBE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCUS VON KAPFF	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK R WALTER	BOARD MEMBER	1.00	Director	$0	$0	$0
EVERETT S WARD	BOARD MEMBER - PART YEAR	1.00	Director	$0	$0	$0
LAURA S WASHINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK WOOD-PRINCE	BOARD MEMBER	1.00	Director	$0	$0	$0
ISAAC KWON	EXECUTIVE VICE PRESIDENT & COO	35.00	Officer	$377,394	$29,815	$407,209
LE MONTE G BOOKER SR	CHIEF FINANCE OFFICER - PART YEAR	35.00	Officer	$282,727	$38,425	$321,152
CHARLES KATZENMEYER	VP, INSTITUTIONAL ADVANCEMENT	35.00	Key Emp	$329,160	$27,425	$356,585
THORSTEN LUMBSCH	VP, SCIENCE & EDUCATION	35.00	Key Emp	$253,417	$35,059	$288,476
PHILLIP HECK	CURATOR & DIRECTOR, INTG. RESEARCH CENTER	35.00	Highest	$248,612	$40,516	$289,128
COLETTE HANDS	VP, PEOPLE & CULTURE	35.00	Highest	$227,742	$8,257	$235,999
JAAP HOOGSTRATEN	HEAD OF EXHIBITIONS	35.00	Highest	$190,633	$30,412	$221,045
STEVEN STROHMEIER	SR. DIRECTOR, INSTITUTIONAL GIVING	35.00	Highest	$190,683	$27,037	$217,720
GARY FEINMAN	CURATOR	35.00	Highest	$183,904	$30,268	$214,172

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	$114,814,441	$95,268,967	$932,857,968	$19,545,474
2023	$110,061,595	$94,905,718	$867,046,918	$15,155,877
2022	$91,881,924	$88,695,315	$777,259,021	$3,186,609
2021	$94,095,312	$72,761,895	$874,117,562	$21,333,417
2020	$54,120,205	$67,538,528	$813,785,937	$-13,418,323
2019	$89,977,530	$79,996,924	$765,226,846	$9,980,606
2018	$99,640,634	$82,903,310	$697,315,188	$16,737,324