MUSKEGON, MI
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Sign In — Free (10 views/day)MUSKEGON MUSEUM OF ART FOUNDATION, founded in 1984, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.7M in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $778K, a strong 29% operating margin.
THE MUSKEGON MUSEUM OF ART FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION WHOSE PURPOSE IS TO PROMOTE UNDERSTANDING, EDUCATION, AND ENJOYMENT OF FINE ART TO THE CITIZENS OF MUSKEGON COUNTY AND ALL OF WEST MICHIGAN.
BELOW IS A SUMMARY OF THE PROGRAM SERVICES ADMINISTERED BY MMAF. COLLECTIONS: THE MUSKEGON MUSEUM OF ART THROUGH ITS GOVERNING BOARDS, STAFF, AND VOLUNTEERS, IS COMMITTED TO COLLECTING, PRESERVING...
BELOW IS A SUMMARY OF THE PROGRAM SERVICES ADMINISTERED BY MMAF. COLLECTIONS: THE MUSKEGON MUSEUM OF ART THROUGH ITS GOVERNING BOARDS, STAFF, AND VOLUNTEERS, IS COMMITTED TO COLLECTING, PRESERVING, AND INTERPRETING ITS ART COLLECTIONS FOR THE BENEFIT OF CURRENT AND FUTURE GENERATIONS. THIS PROGRAM SERVICE INCLUDES CURATORIAL RESEARCH AND OVERSIGHT, COLLECTIONS MANAGEMENT, AND ACQUISITION AND DEACQUISITION ACTIVITIES, NEW ACQUISITIONS ARE ACQUIRED THAT ENHANCE BOTH THE CURRENT MAKE-UP OF THE COLLECTION AND THAT ADVANCE OUR MISSION AS ESTABLISHED IN THE VISION AND MISSION STATEMENTS OF THE INSTITUTION. EXHIBITIONS: THE MUSEUM IS DEDICATED TO THE CONTINUAL AND ROATING DISPLAY OF THE PERMANENT COLLECTION AND THE INSTALLATION OF TEMPORARY EXHIBITIONS, FEARTURING BOTH THE PERMANENT COLLECTIONS AND WORKS FROM OTHER SOURCES. EXHIBITIONS ARE DEVELOPED TO CELEBRATE AND EXPAND THE UNDERSTANDING OF THE MUSEUM'S PERMANENT COLLECTION BY REINFORCING ITS VALUE, BUILDING SUPPORTING SCHOLARSHIP, AND DEMONSTRATING ITS LINKS BETWEEN THE PAST AND PRESENT. EDUCATION: THE EDUCATIONAL PROGRAMS DEVELOPED BY THE MUSKEGON MUSEUM OF ART ARE A CRITICAL TOOL FOR ADDRESSING OUR MISSION GOALS OF PROVIDING EDUCATIONAL OPPORTUNITIES AND ENGAGEMENT, BUILDING AN ENVIRONMNET FOR CREATIVE EXPRESSION AND STIMULATION, AND CONTRIBUTING TO COMMUNITY ENRICHMENT. EDUCATION PROGRAMS ALSO FACILITATE AND ENCOURAGE A STRONG MUSEUM CONNECTION WITH THE REGION, BUILDS MEMBERSHIP, INCREASES COMMUNITY INVOLVEMNET, AND PROVIDES ACCESSIBILITY TO A WIDE RANGE OF GROUPS, AGES, AND CULTURES. IT IS THROUGH PROGRAMMING THAT THE MUSEUM IS ABLE TO CONNECT DIRECTLY WITH ITS AUDIENCES, ENHANCING AND BUILDING UPON THE VISUAL EXPERIENCE PROVIDED IN THE GALLERIES. FACILITIES: THE MUSKEGON MUSEUM OF ART IS COMMITTED TO ITS ROLE AS STEWARD AND CARETAKER OF THE HISTORIC 1912 BUILDING IN WHICH IT IS LOCATED. PROGRAM SERVICES RELATED TO FACILITIES INCLUDES CUSTODIAL AND MAINTENANCE FUNCTIONS AND EXPENSES AS WELL AS ALL SECURITY COSTS ASSOCIATED WITH PROTECTING BOTH THE ART AND THE FACILITY IN A SAFE AND PROTECTIVE MANNER. GIFT SHOP: THE MUSKEGON MUSEUM OF ART OPERATES A GIFT SHOP THAT CARRIES ARTIST CONSIGNMENT GOODS AND PRODUCTS AND BOOKS RELATED TO THE PERMANENT COLLECTION AND TEMPORARY EXHIBITIONS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,698,580 | $5,991,219 | -0.5% |
| Expenses | $1,920,896 | $2,042,499 | -0.1% |
| Net Income | $777,684 | $3,948,720 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| FRANK BEDNAREK | CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIMBERLY VAN KAMPEN | VICE-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE OLTHOFF | 2ND VICE CHA | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN PRIDNIA | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLAUDIA BERRY | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY CRANDALL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GAYLE DAVIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT DUBAULT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY HEISSER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC RINGELBERG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN SWANSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN WILSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS WITHAM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRK HALLMAN | EXECUTIVE DI | 40.00 |
Officer
|
$111,010 | $5,301 | $116,311 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,698,580 | $1,920,896 | $22,515,826 | $777,684 |
| 2023 | $5,991,219 | $2,042,499 | $19,565,762 | $3,948,720 |
| 2022 | $6,428,246 | $1,832,250 | $15,356,338 | $4,595,996 |
| 2021 | $6,251,888 | $1,406,341 | $11,454,815 | $4,845,547 |
| 2020 | $1,366,370 | $1,393,308 | $6,392,956 | $-26,938 |
| 2019 | $1,550,735 | $1,600,078 | $6,267,858 | $-49,343 |
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