ASSOCIATION OF MIDWEST MUSEUMS

🔒

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

1927

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $107,328

SERVED OVER 950 PROFESSIONALS THROUGH ITS 2025 PROGRAMS, INCLUDING VIRTUAL MEETUPS, SOME GOOD (MUSEUM) NEWS WEBINARS, ANNUAL AWARDS PROGRAMS, AND THE ASSOCIATION'S ANNUAL CONFERENCE HELD VIRTUALLY...

SERVED OVER 950 PROFESSIONALS THROUGH ITS 2025 PROGRAMS, INCLUDING VIRTUAL MEETUPS, SOME GOOD (MUSEUM) NEWS WEBINARS, ANNUAL AWARDS PROGRAMS, AND THE ASSOCIATION'S ANNUAL CONFERENCE HELD VIRTUALLY AND IN-PERSON IN THE QUAD CITIES (DAVENPORT, IA), IN PARTNERSHIP WITH THE ILLINOIS ASSOCIATION OF MUSEUMS AND IN COOPERATION WITH THE IOWA MUSEUMS ASSOCIATION. AMM WELCOMED 227 NEW MEMBERS (INDIVIDUALS AND STAFF OF INSTITUTIONAL OR CORPORATE MEMBERS). A GRANT AWARD FROM THE INSTITUTE OF MUSEUM AND LIBRARY SERVICES (IMLS) WAS UNEXPECTEDLY TERMINATED BY THE ADMINISTRATION IN APRIL 2025 AND REINSTATED IN NOVEMBER 2025. WORK WAS PAUSED DURING THE TERMINATION/REVIEW PERIOD, AND THE SERIES IS NOW MOVING INTO FINAL PLANNING AND PRODUCTION.

Program 2

Expenses: $96,320

HOSTED 20+ VIRTUAL PROGRAMS. THE ASSOCIATION'S ANNUAL CONFERENCE TOOK PLACE VIRTUALLY AND IN-PERSON IN THE QUAD CITIES (DAVENPORT, IA), IN PARTNERSHIP WITH THE ILLINOIS ASSOCIATION OF MUSEUMS AND IN COOPERATION WITH THE IOWA MUSEUMS ASSOCIATION. THE CONFERENCE INCLUDED GUEST SPEAKERS AND SESSIONS ON A VARIETY OF TOPICS FOR INDIVIDUALS IN LEADERSHIP AND KEY OPERATING AND PROGRAMMATIC ROLES IN MUSEUMS. ADDITIONAL PROGRAMS INCLUDED MIDWEST MUSEUMS CONNECT MEETUPS FOCUSED ON CURRENT TRENDS AND CHALLENGES IN MUSEUMS. AMM CONTINUED TO MAINTAIN THE MUSEUM LEARNING HUB, A CROSS-REGIONAL TRAINING RESOURCE FOR MUSEUM PROFESSIONALS, AND DEVELOPED CONCEPTUAL OUTLINES FOR A NEW MANAGEMENT TRAINING SERIES FOR THE HUB WITH FEDERAL FUNDING FROM AN INSTITUTE OF MUSEUM AND LIBRARY SERVICES (IMLS) NATIONAL LEADERSHIP GRANT FOR MUSEUMS. THE SERIES WILL BEGIN PRODUCTION IN 2026.

🔒

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 (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

🔒

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

N/A

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

Total Directors

Key Employees

Highest Compensated

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