PRAIRIELAND HERITAGE MUSEUM INSTITUTE (EIN 371007558) - 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

1974

Legal Domicile

Phone

2178239107

Tax Period

2023-01-01 to 2023-12-31

PRAIRIELAND HERITAGE MUSEUM INSTITUTE, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $198K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $222K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROMOTE, SUPERVISE, ACQUIRE, BUILD AND COMPLETE A FARM MUSEUM AND TO PROMOTE IN EVERY WAY AN EDUCATIONAL AND RECREATIONAL PROGRAM FOR BOTH RURAL AND CITY CITIZENS AND YOUTH OF CENTRAL ILLINOIS

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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 $34,446

Program Service Revenue $162,708

Investment Income $738

Other Revenue $0

TOTAL REVENUE $197,892

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,091

Other Expenses $221,681

TOTAL EXPENSES $221,681

Year-over-Year Comparison

	2023	2022	Change
Revenue	$197,892	$225,840	-0.1%
Expenses	$221,681	$168,091	+0.3%
Net Income	$-23,789	$57,749	-1.4%

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

N/A

Volunteers

189

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE HALL	Director	0.50	Director	$0	$0	$0
DIANA HUBBERT	Director	0.50	Director	$0	$0	$0
JOSH SCHMITZ	Director	0.50	Director	$0	$0	$0
SETH SCHMITZ	Director	0.50	Director	$0	$0	$0
NORM WERTZ	Director	0.50	Director	$0	$0	$0
LORI HANSEN	Director	0.50	Director	$0	$0	$0
JAY WAHL	Director	0.50	Director	$0	$0	$0
LARRY STUCKER	Director	0.50	Director	$0	$0	$0
DENNIS ROBERTS	Director	0.50	Director	$0	$0	$0
ARCHIE BROCKHOUSE	Director	0.50	Director	$0	$0	$0
ELAINE JARMAN	Treasurer	1.00	Officer	$0	$0	$0
PAULA STUCKER	President	1.00	Officer	$0	$0	$0
DALE LAIR	Vice President	0.50	Officer	$0	$0	$0

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	$197,892	$221,681	$928,014	$-23,789
2022	$225,840	$168,091	$954,856	$57,749
2021	$205,816	$138,628	$891,001	$67,188
2020	$196,068	$100,562	$823,813	$95,506
2019	$191,044	$178,344	$728,307	$12,700
2018	$183,466	$150,600	$715,607	$32,866

PRAIRIELAND HERITAGE MUSEUM INSTITUTE