MINNESOTA MILITARY AND VETERANS MUSEUM (EIN 411308785) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

RANDAL DIETRICH

Phone

3206327374

Tax Period

2024-07-01 to 2025-06-30

MINNESOTA MILITARY AND VETERANS MUSEUM, founded in 1977, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $388K, a strong 30% operating margin.

Mission

PRESERVATION AND INTERPRETATION OF MINNESOTA MILITARY HISTORY THROUGH OPERATION OF A SMALL MUSEUM LOCATED AT A MINNESOTA NATIONAL GUARD TRAINING SITE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $536,933

Program Service Revenue $23,191

Investment Income $717,702

Other Revenue $35,765

TOTAL REVENUE $1,313,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,230

Fundraising Expenses $57,307

Program Expenses $683,364

Other Expenses $649,506

TOTAL EXPENSES $925,736

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,313,591	$795,583	+0.7%
Expenses	$925,736	$456,414	+1.0%
Net Income	$387,855	$339,169	+0.1%

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

Governance

Voting Members

Independent Members

Employees

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

$87,355

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK RITCHIE	PRESIDENT	2.00	Officer Director	$0	$0	$0
DEAN ASCHEMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
THOMAS CROOK	VP FINANCE	1.00	Director	$0	$0	$0
WINIFRED ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BRINDLEY	DIRECTOR	1.00	Director	$0	$0	$0
GARY CARLBERG	DIRECTOR	1.00	Director	$0	$0	$0
BILLIE DEFOE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA DVORAK	DIRECTOR	1.00	Director	$0	$0	$0
NANCY HAAS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HAMLAR	DIRECTOR	1.00	Director	$0	$0	$0
LOWELL KRUSE	DIRECTOR	1.00	Director	$0	$0	$0
BG SHAWN MANKE	DIRECTOR	1.00	Director	$0	$0	$0
FRANK MESSINA	DIRECTOR	1.00	Director	$0	$0	$0
PAUL MONTEEN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD NASH	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN OSMAN	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS OSTAPENKO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PEARSON	DIRECTOR	1.00	Director	$0	$0	$0
ROGER REINERT	DIRECTOR	1.00	Director	$0	$0	$0
BILL STRUSINSKI	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM WROOLIE	DIRECTOR	1.00	Director	$0	$0	$0
RANDAL DIETRICH	EXECUTIVE DIRECTOR	40.00	Officer	$87,355	$0	$87,355

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	$1,313,591	$925,736	$6,351,601	$387,855
2024	No data	No data	No data	No data
2023	$1,533,125	$453,493	$4,671,188	$1,079,632
2022	$812,814	$486,520	$3,368,510	$326,294
2021	$3,237,699	$277,997	$3,415,804	$2,959,702
2020	$173,331	$244,790	$531,485	$-71,459
2019	$156,502	$298,600	$455,990	$-142,098

MINNESOTA MILITARY AND VETERANS MUSEUM