Vermilion County Museum Society

EIN: 376050035 501(c)(3) Arts, Culture & Humanities

Danville, IL

Total Revenue
$340,509
Total Expenses
$246,427
Total Assets
$5,113,410
Net Assets
$5,091,998
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
IL
Phone
2174422922
Tax Period
2023-01-01 to 2023-12-31

Vermilion County Museum Society, founded in 1964, is a small nonprofit in the Arts, Culture & Humanities sector that reported $341K in total revenue in fiscal year 2023. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 28% operating margin.

Mission

To Provide General Museum Services to the Public

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $189,738
Program Service Revenue $29,967
Investment Income $120,403
Other Revenue $401
TOTAL REVENUE $340,509

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,974
Fundraising Expenses $0
Program Expenses $223,422
Other Expenses $191,453
TOTAL EXPENSES $246,427

Year-over-Year Comparison

2023 2022 Change
Revenue $340,509 $176,461 +0.9%
Expenses $246,427 $221,277 +0.1%
Net Income $94,082 $-44,816 -3.1%
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

Sign In

Governance

Voting Members
14
Independent Members
5
Employees
4
Volunteers
15

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Denman President 0.00
Officer Director
$0 $0 $0
Tom Day Director 0.00
Director
$0 $0 $0
Bonnie Bowles Secretary 0.00
Officer Director
$0 $0 $0
William Satterwhite Treasurer 0.00
Director
$0 $0 $0
Nancy Henderson Director 0.00
Director
$0 $0 $0
Darrell Light Vice President 0.00
Director
$0 $0 $0
Sandy Lucas Director 0.00
Director
$0 $0 $0
Penny McConnell Director 0.00
Director
$0 $0 $0
Don Richter Director 0.00
Director
$0 $0 $0
Joe Rottmann Director 0.00
Director
$0 $0 $0
Tracy Cherry Director 0.00
Director
$0 $0 $0
Darren Duncan Director 0.00
Director
$0 $0 $0
Todd Lee Vice President 0.00
Director
$0 $0 $0
Judy Myers Director 0.00
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
2024 No data No data No data No data
2023 $340,509 $246,427 $5,113,410 $94,082
2022 $176,461 $221,277 $4,735,774 $-44,816
2021 $243,507 $185,217 $4,761,380 $58,290
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Vermilion County Museum Society with other nonprofits in Illinois and across the country.