ASSOCIATION OF MIDWEST MUSEUMS

EIN: 371050610 501(c)(3) Arts, Culture & Humanities

FISHERS, IN

Total Revenue
$254,174
Total Expenses
$225,170
Total Assets
$42,374
Net Assets
$42,248
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
MI
Principal Officer
BRENDA RANEY
Phone
8887244266
Tax Period
2025-01-01 to 2025-12-31

ASSOCIATION OF MIDWEST MUSEUMS, founded in 1927, is a small nonprofit in the Arts, Culture & Humanities sector that reported $254K in total revenue in fiscal year 2025. Expenses of $225K left a modest 11% surplus.

Mission

THE MEMBER-FOCUSED ASSOCIATION OF MIDWEST MUSEUMS CONNECTS AND STRENGTHENS MIDWEST MUSEUMS BY PROVIDING NATIONALLY RELEVANT, REGIONALLY SPECIFIC, ACCESSIBLE PROGRAMS, PRODUCTS, AND NETWORKING OPPORTUNITIES THAT PROMOTE BEST PRACTICES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $49,696
Program Service Revenue $204,478
Investment Income $0
Other Revenue $0
TOTAL REVENUE $254,174

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $843
Program Expenses $203,648
Other Expenses $225,170
TOTAL EXPENSES $225,170

Year-over-Year Comparison

2025 2024 Change
Revenue $254,174 $259,528 0.0%
Expenses $225,170 $241,165 -0.1%
Net Income $29,004 $18,363 +0.6%
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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
28

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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARITY COUNTS EXECUTIVE DI N/A
Officer
$0 $0 $0
CHARLES KATZENMEYER PAST PRESIDE N/A
Officer
$0 $0 $0
BRENDA RANEY PRESIDENT N/A
Officer
$0 $0 $0
JOE IMHOLTE SECRETARY N/A
Officer
$0 $0 $0
JOY DEFRANCE TREASURER N/A
Officer
$0 $0 $0
KAMAN HILLENBURG VICE-PRESIDE N/A
Director
$0 $0 $0
PAUL FLADTEN DIRECTOR N/A
Director
$0 $0 $0
DANNY GONZALES DIRECTOR N/A
Director
$0 $0 $0
BETSY MATT TURNER DIRECTOR N/A
Director
$0 $0 $0
ERIN CARLSON MAST DIRECTOR N/A
Director
$0 $0 $0
AMANDA MCVEY DIRECTOR N/A
Director
$0 $0 $0
MONICA WALKER DIRECTOR N/A
Director
$0 $0 $0
DAVID SCHMITZ SENIOR ADVIS N/A
Director
$0 $0 $0
DE'ANDREA MATTHEWS PHD DIRECTOR N/A
Director
$0 $0 $0
SAM MOORE DIRECTOR N/A
Director
$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
2025 $254,174 $225,170 $42,374 $29,004
2024 $259,528 $241,165 $13,659 $18,363
2023 $206,566 $254,773 $2,652 $-48,207
2022 $233,613 $232,838 $43,088 $775
2021 $307,047 $306,197 $42,313 $850
2020 $127,928 $151,200 $41,463 $-23,272
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