Detroit, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Detroit Historical Society, founded in 1921, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.6M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $7.1M exceeded revenue, resulting in a 27% operating deficit.
The Detroit Historical Society tells Detroit's stories and why they matter through its exhibits, programs, outreach, and the preservation and dissemination of its artifacts and collections.
Management and oversight of the Detroit Historical Museum and Dossin Great Lakes Museum - the Detroit Historical Museums provide opportunities for individuals of all ages to experience a variety of...
Management and oversight of the Detroit Historical Museum and Dossin Great Lakes Museum - the Detroit Historical Museums provide opportunities for individuals of all ages to experience a variety of historical stories and artifacts. The Detroit Historical Museum is open five days a week, 52 weeks per year. The Dossin Great Lakes Museum is open three days per week for 28 weeks per year and five days per week for 24 weeks per year. Both museums are open for private tours on days they are not open to the public. Together, the museums serve more than 180,000 people annually.
Public programs - the Detroit Historical Museums' goal is to offer opportunities for constituents to go in-dept on certain historical topics, either through lectures, workshops, films, or tours. The...
Public programs - the Detroit Historical Museums' goal is to offer opportunities for constituents to go in-dept on certain historical topics, either through lectures, workshops, films, or tours. The organization hosts approximately 30 community tours annually and approximately 25 in-museum programs. Generally, these programs are targeted at adults and seniors; however, there are special events and programs throughout the year aimed at students and families. The average community tour attendance is 30 people, and the average in-museum program attracts 40 individuals.
Maintaining more than 300,000 artifacts in the City of Detroit's collection, the Detroit Historical Society ensures the conservation and preservation of artifacts related to the history of the...
Maintaining more than 300,000 artifacts in the City of Detroit's collection, the Detroit Historical Society ensures the conservation and preservation of artifacts related to the history of the people, places, and events critical to the City of Detroit's history. A team of staff, interns, and volunteers is working to digitize aspects of the collection and place the information online. Even with the abatement of COVID-19, the appetite for digital content continues, and the organization is now focused on digitization as a way to increase accessibility to these artifacts for those that cannot come to the museums. The organization continues to receive several thousand items annually.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,591,690 | $7,211,435 | -0.2% |
| Expenses | $7,124,319 | $6,771,042 | +0.1% |
| Net Income | $-1,532,629 | $440,393 | -4.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John P Decker | Chairperson | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Thomas C Buhl | Past Chairperson | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Linda Schlesinger-Wagner | 1st Vice Chairperson | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark J Albrecht | 2nd Vice Chairperson | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Elana Rugh | President & CEO | 40.00 |
Officer
Director
|
$275,269 | $19,076 | $294,345 |
| Greg Nowak | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dante Stella | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lawrence N Bluth | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Lindsay Joseph | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Lambrecht | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Francis W McMillan II | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Kenneth J Svoboda | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Camille Walker Banks | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Markeith Weldon | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Akosua Barthwell Evans | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Marc Bland | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Boehms | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Gary Brown | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jim Deutchman | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Douglas Dossin | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Lena Epstein | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Fisher Jr | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Gillette Jr | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| F Neal Gram III | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Sean Gray | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Frederick Hall | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rainy Hamilton | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Daniel Kaufman | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Bernie Kent | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jin-Kyu Koh | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Kosonog | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Margery Krevsky-Dosey | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Chauncey Mayfield II | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Onwuzurike | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Joseph Parke | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeanette Pierce | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Leslye Rosenbaum | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rick Ruffner | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jonathan B Rumley | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Lois Shaevsky | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dana Sorensen | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Coriel Taylor | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Ron Taylor | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Van Tol | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jean Vernor | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary Waters | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew Greenough | Chief Financial Officer | 40.00 |
Officer
|
$113,565 | $23,409 | $136,974 |
| Tracy Irwin | Chief Exhibition Officer | 40.00 |
Officer
|
$128,903 | $17,752 | $146,655 |
| Rebecca Witt | Chief Strategy & Marketing Officer | 40.00 |
Key Emp
|
$172,500 | $2,095 | $174,595 |
| Douglas Czajkowski | VP of Development | 40.00 |
Key Emp
|
$198,216 | $13,207 | $211,423 |
| Alicia Jeffreys Ended | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Judith Knudsen Christie Ended | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Ned Staebler Ended | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,591,690 | $7,124,319 | $9,298,497 | $-1,532,629 |
| 2024 | No data | No data | No data | No data |
| 2023 | $8,571,688 | $5,740,337 | $9,044,979 | $2,831,351 |
| 2022 | $4,585,280 | $4,914,290 | $6,471,527 | $-329,010 |
| 2021 | $2,562,999 | $4,218,465 | $7,659,036 | $-1,655,466 |
| 2020 | $2,440,000 | $4,143,821 | $8,852,742 | $-1,703,821 |
| 2019 | $3,713,021 | $4,055,330 | $9,818,031 | $-342,309 |
| 2018 | $3,550,435 | $4,625,398 | $10,511,776 | $-1,074,963 |
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