NATIONAL HELLENIC MUSEUM (EIN 363568402) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

MARIANNE KOUNTOURES

Phone

3126551234

Tax Period

2023-01-01 to 2023-12-31

NATIONAL HELLENIC MUSEUM, founded in 1987, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Net assets of $11.8M represent 61 months of operating reserves.

Mission

THE NATIONAL HELLENIC MUSEUM TOURS, SCHOOL PROGRAMS, CLASSES, EVENTS, CHILDREN'S AND FAMILY PROGRAMS USE THE MUSEUM'S PERMANENT AND TEMPORARY EXHIBITIONS AS A FOUNDATION FOR LEARNING. ALL OF THE EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS ARE OFFERED TO ENCOURAGE EXPERIENTIAL LEARNING AS WELL AS OFFER NEW WAYS OF THINKING ABOUT GREEK HISTORY AND GREEK CULTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,544,165

Program Service Revenue $22,992

Investment Income $57,098

Other Revenue $-295,828

TOTAL REVENUE $2,328,427

Expense Breakdown

Grants Paid $0

Salaries & Benefits $647,683

Fundraising Expenses $345,848

Program Expenses $442,732

Other Expenses $1,632,126

TOTAL EXPENSES $2,279,809

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,328,427	$1,940,512	+0.2%
Expenses	$2,279,809	$1,989,279	+0.1%
Net Income	$48,618	$-48,767	-2.0%

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

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

$146,952

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CALAMOS SR	CHAIRMAN	8.00	Officer Director	$0	$0	$0
KONSTANTINOS ARMIROS	SECRETARY	4.00	Officer Director	$0	$0	$0
ARISTOTLE HALIKIAS	VICE-CHAIRMA	2.00	Officer Director	$0	$0	$0
PETER PARTHENIS	VICE-CHAIRMA	2.00	Officer Director	$0	$0	$0
BILL J VRANAS	TREASURER	6.00	Officer Director	$0	$0	$0
PAUL ATHENS	BOARD MEMBER	2.00	Director	$0	$0	$0
DR GEORGE K BOVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM G CONOPEOTIS	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREA DARLAS	BOARD MEMBER	2.00	Director	$0	$0	$0
ALEX GIANARAS	BOARD MEMBER	2.00	Director	$0	$0	$0
KENNETH KONDRAROS	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN S KOUDOUNIS	BOARD MEMBER	2.00	Director	$0	$0	$0
DEMETRIOS LOGOTHETIS	BOARD MEMBER	2.00	Director	$0	$0	$0
C DEAN METROPOULOS	BOARD MEMBER	2.00	Director	$0	$0	$0
YANNI SIANIS	BOARD MEMBER	6.00	Director	$0	$0	$0
GEORGE TSETSEKOS	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIANNE KOUNTOURES	EXECUTIVE DI	40.00	Officer	$146,952	$0	$146,952

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	$2,328,427	$2,279,809	$16,546,931	$48,618
2022	$1,940,512	$1,989,279	$16,787,934	$-48,767
2021	$1,620,518	$1,459,156	$16,982,470	$161,362
2020	$2,155,825	$1,507,955	$17,117,324	$647,870
2019	$1,711,326	$2,225,267	$16,276,289	$-513,941
2018	$2,410,535	$2,429,089	$17,066,063	$-18,554

NATIONAL HELLENIC MUSEUM