THE MINNEAPOLIS ATHENAEUM

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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

1905

Legal Domicile

Principal Officer

JEREMY MOORE

Phone

6128255700

Tax Period

2019-01-01 to 2019-12-31

THE MINNEAPOLIS ATHENAEUM, founded in 1905, is a micro nonprofit that reported $21K in total revenue in fiscal year 2019. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $17K, a strong 82% operating margin.

Mission

DEDICATED TO ACQUIRING AND PRESERVING BOOKS AND MANUSCRIPTS AND MAKING THEM AVAILABLE TO THE PUBLIC

Program Service Accomplishments

Program 1

PROTECT COLLECTION OF BOOKS ON NATURAL HISTORY, NORTH AMERICAN INDIANS, EXPLORATION AND TRAVEL, AESOPS AND OTHERS FABLES, HISTORY BOOKS AND PRINTING

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $20,833

Other Revenue $0

TOTAL REVENUE $20,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,832

TOTAL EXPENSES $3,832

Year-over-Year Comparison

	2019	2018	Change
Revenue	$20,833	$33,674	-0.4%
Expenses	$3,832	$19,757	-0.8%
Net Income	$17,001	$13,917	+0.2%

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

N/A

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
SUSAN MACKERT	DIRECTOR	001.00	Director	$0	$0	$0
PEGGY RADER	DIRECTOR	001.00	Director	$0	$0	$0
TIM CARROLL	DIRECTOR	001.00	Director	$0	$0	$0
LINDA HENNING	DIRECTOR	001.00	Director	$0	$0	$0
JEREMY MOORE	PRESIDENT	005.00	Officer	$0	$0	$0
DON WILLEKE	SECRETARY/TREASURER	002.00	Officer	$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
2019	$20,833	$3,832	$589,644	$17,001