ELMHURST ART MUSEUM

🔒

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

1990

Legal Domicile

Principal Officer

ALLISON PETERS QUINN

Phone

6308340202

Tax Period

2024-01-01 to 2024-12-31

ELMHURST ART MUSEUM, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 30% operating deficit.

Mission

SPARK CREATIVITY AND CULTURAL ENRICHMENT THROUGH THE VISUAL ARTS, EDUCATION, AND ARCHITECTURE BY PROVIDING THOUGHT-PROVOKING, DIVERSE EXHIBITIONS AND PROGRAMMING.

Program Service Accomplishments

Program 1

Expenses: $1,067,539 Revenue: $273,602

SPARK CREATIVITY THROUGH THE VISUAL ARTS, EDUCATION, AND ARCHITECTURE BY PROVIDING THOUGHT-PROVOKING,DIVERSE EXHIBITIONS AND PROGRAMMING. 1)THE MUSEUM'S EXHIBITS AND PROGRAMMING ARE SPLIT INTO 3...

SPARK CREATIVITY THROUGH THE VISUAL ARTS, EDUCATION, AND ARCHITECTURE BY PROVIDING THOUGHT-PROVOKING,DIVERSE EXHIBITIONS AND PROGRAMMING. 1)THE MUSEUM'S EXHIBITS AND PROGRAMMING ARE SPLIT INTO 3 DISTINCT SEASONS (SPRING, SUMMER, AND FALL). THROUGHOUT THE YEAR THE MUSEUM WELCOMED ALMOST 7,000 VISITORS THE MUSEUM WITH PROGRAMS AROUND ART, ARCHITECTURE, AND EDUCATION, AND APPROXIMATELY 12,000 TO OUTDOOR COMMUNITY PROJECTS. 2) THE ART MUSEUM HELD ART CLASSES AND CAMPS THROUGH ITS EDUCATION DEPARTMENT, INCLUDING INSTRUCTIONAL 6-WEEK CLASSES AND SUMMER CAMPS. 3) THE MUSEUM'S ANNUAL FUNDRAISER BROUGHT 106 DONORS TOGETHER, AND GENERATED A NET OF APPROXIMATELY $28,000 FOR THE MUSEUM.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $689,974

Program Service Revenue $268,486

Investment Income $48,855

Other Revenue $-1,915

TOTAL REVENUE $1,005,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $514,684

Fundraising Expenses $113,013

Program Expenses $1,067,539

Other Expenses $776,262

TOTAL EXPENSES $1,304,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,005,400	$1,999,952	-0.5%
Expenses	$1,304,746	$1,297,328	+0.0%
Net Income	$-299,346	$702,624	-1.4%

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

Volunteers

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

$222,906

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH JEFFERY	PRESIDENT	10.00	Officer Director	$0	$0	$0
MARY CUNNINGHAM	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
KRISTI BIEBER GIBBS	TREASURER	3.00	Officer Director	$0	$0	$0
JENNIFER BLANCHETTE	DIRECTOR	2.00	Director	$0	$0	$0
BETSY GOLTERMANN	DIRECTOR	2.00	Director	$0	$0	$0
HARRY HOSTETLER	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA KLIMEK	DIRECTOR	2.00	Director	$0	$0	$0
KIERSTIN MADDA	DIRECTOR	2.00	Director	$0	$0	$0
DONALD MOWER	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS O'KEEFE	DIRECTOR	2.00	Director	$0	$0	$0
MARK OSTERMANN	DIRECTOR	2.00	Director	$0	$0	$0
DEAN PRIBBENOW	DIRECTOR	2.00	Director	$0	$0	$0
JAFAR SANIIE	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA VACCARO	DIRECTOR	2.00	Director	$0	$0	$0
ALINA SUAREZ CAHILL	DIRECTOR	2.00	Director	$0	$0	$0
JOHN MCKINNON	EXECUTIVE DIRECTOR	40.00	Officer	$126,715	$1,837	$128,552
ANN QUINN KELLY	INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$83,582	$1,212	$84,794
ALLISON PETERS QUINN	EXECUTIVE DIRECTOR & CHIEF CURATOR	40.00	Officer	$9,423	$137	$9,560

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	$1,005,400	$1,304,746	$3,670,611	$-299,346
2023	$1,999,952	$1,297,328	$4,082,491	$702,624
2022	$1,158,204	$1,094,617	$3,103,987	$63,587
2021	$1,158,251	$694,581	$3,158,247	$463,670
2020	$922,125	$771,015	$2,698,627	$151,110
2019	$1,039,559	$1,074,593	$2,240,198	$-35,034
2018	$905,268	$1,117,378	$2,199,027	$-212,110