HELLENIC MUSEUM OF MICHIGAN

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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

1988

Legal Domicile

Principal Officer

JAMES ANDRIOTAKIS

Phone

3138714100

Tax Period

2025-01-01 to 2025-12-31

HELLENIC MUSEUM OF MICHIGAN, founded in 1988, is a small nonprofit in the Social Science sector that reported $114K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $159K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROMOTE HELLENIC HERITAGE THROUGH EDUCATIONAL EXHIBITS, PROGRAMS, AND EVENTS

Program Service Accomplishments

Program 1

Expenses: $123,116 Revenue: $7,279

HELLENIC EXHIBITS, FOR WHICH THERE ARE NO TICKET SALES OR ENTRY FEES

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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 (2025)

Revenue Breakdown

Contributions & Grants $106,850

Program Service Revenue $0

Investment Income $37

Other Revenue $7,279

TOTAL REVENUE $114,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $13,072

Program Expenses $123,116

Other Expenses $159,272

TOTAL EXPENSES $159,272

Year-over-Year Comparison

	2025	2024	Change
Revenue	$114,166	$132,618	-0.1%
Expenses	$159,272	$143,287	+0.1%
Net Income	$-45,106	$-10,669	+3.2%

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

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
JAMES ANDRIOTAKIS	PRESIDENT AND TREASURER	2.00	Officer Director	$0	$0	$0
STELLA PAPAS	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
JOAN DERONNE	SECRETARY	1.00	Officer Director	$0	$0	$0
LAURIE BOURNIAS	DIRECTOR	0.50	Director	$0	$0	$0
ELENA KERASIOTIS	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA TECOS	DIRECTOR	0.50	Director	$0	$0	$0
OLGA TECOS	DIRECTOR	0.50	Director	$0	$0	$0
PATTI THEROS	DIRECTOR	0.50	Director	$0	$0	$0
GEORGE VERRAS	DIRECTOR	0.50	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	$114,166	$159,272	$548,118	$-45,106
2024	$132,618	$143,287	$592,986	$-10,669
2023	$89,680	$134,249	$605,617	$-44,569
2022	$42,156	$111,838	$651,671	$-69,682
2021	$107,995	$113,261	$721,007	$-5,266
2020	$81,483	$70,767	$574,760	$10,716
2019	$87,956	$96,594	$522,615	$-8,638
2018	$86,954	$57,858	$529,569	$29,096