TROUT MUSEUM OF ART INC

EIN: 396056442 501(c)(3) Arts, Culture & Humanities

APPLETON, WI

Total Revenue
$10,888,245
Total Expenses
$977,903
Total Assets
$12,913,083
Net Assets
$12,671,982
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
WI
Principal Officer
CHRISTINA TURNER
Phone
9207334089
Tax Period
2023-01-01 to 2023-12-31

TROUT MUSEUM OF ART INC, founded in 1960, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $10.9M in total revenue in fiscal year 2023. Revenue surged 1015% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.9M, a strong 91% operating margin.

Mission

TO PROMOTE, TEACH, AND NOURISH THE CREATION AND APPRECIATION OF THE VISUAL ARTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,733,756
Program Service Revenue $95,887
Investment Income $4,124
Other Revenue $54,478
TOTAL REVENUE $10,888,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $528,545
Fundraising Expenses $218,365
Program Expenses $517,347
Other Expenses $449,358
TOTAL EXPENSES $977,903

Year-over-Year Comparison

2023 2022 Change
Revenue $10,888,245 $976,242 +10.2%
Expenses $977,903 $765,806 +0.3%
Net Income $9,910,342 $210,436 +46.1%
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

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Governance

Voting Members
23
Independent Members
23
Employees
14
Volunteers
105

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
4
$97,740
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINA TURNER PRESIDENT 40.00
Officer
$97,740 $0 $97,740
ERIC BREILAND BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BROGAN TREASURER 5.00
Officer Director
$0 $0 $0
ANA BURKHAM BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN CAIN BOARD CHAIR 10.00
Officer Director
$0 $0 $0
DAN VAN DAALWYK BOARD MEMBER 1.00
Director
$0 $0 $0
MARISSA DOWNS BOARD MEMBER 1.00
Director
$0 $0 $0
CLINT DUSENBERY BOARD MEMBER N/A
Director
$0 $0 $0
BETH FLAHERTY BOARD MEMBER 1.00
Director
$0 $0 $0
GRACIE GACIA BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA HARLAND PAST CHAIR 1.00
Director
$0 $0 $0
KELLY HELEIN BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS HIETPAS BOARD MEMBER 1.00
Director
$0 $0 $0
LI-HSUAN HSU BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLY KOWALSKI BOARD MEMBER 1.00
Director
$0 $0 $0
MARAYIA LOTTS BOARD MEMBER 1.00
Director
$0 $0 $0
IRINEO MEDINA BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE MOUSAI BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTI SCHROEDER VICE CHAIR 10.00
Officer Director
$0 $0 $0
KATHI SEIFERT BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD THOMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
RENEE ULMAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE WILLIE BOARD MEMBER 1.00
Director
$0 $0 $0
BETH ZINSLI SECRETARY 2.00
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 $10,888,245 $977,903 $12,913,083 $9,910,342
2022 $976,242 $765,806 $2,757,869 $210,436
2021 $944,933 $810,377 $2,773,073 $134,556
2020 $600,545 $625,125 $2,640,145 $-24,580
2019 $70,371 $164,819 $2,308,511 $-94,448
2018 $51,843 $119,744 $2,401,167 $-67,901
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