STORY CITY HISTORICAL SOCIETY

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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

1992

Legal Domicile

Principal Officer

DWAYNE FIIHR

Phone

5154601749

Tax Period

2024-01-01 to 2024-12-31

STORY CITY HISTORICAL SOCIETY, founded in 1992, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $87K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $101K exceeded revenue, resulting in a 16% operating deficit.

Mission

STORY CITY HISTORICAL SOCIETYS MISSION IS TO ACQUIRE, PRESERVE, AND INTERPET ARTIFACTS THAT REFLECT ALL PHASES OF THE COMMUNITY AND AREAS PAST.

Program Service Accomplishments

Program 1

STORY CITY HISTORICAL SOCIETY HAS SUCCESSFULLY OPERATED FOUR MUSEUMS THAT HOUSE THE MAJOR HISTORICALLY SIGNIFICANT ARTIFACTS OF THE STORY CITY AREA,

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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 $62,428

Program Service Revenue $853

Investment Income $23,658

Other Revenue $0

TOTAL REVENUE $86,939

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,095

Fundraising Expenses $0

Other Expenses $60,411

TOTAL EXPENSES $100,506

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,939	$74,930	+0.2%
Expenses	$100,506	$90,541	+0.1%
Net Income	$-13,567	$-15,611	-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

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
LORIJO LOUNSBERRY	BOARD MEMBER	N/A	Director	$0	$0	$0
GLORIA SAMPSON	BOARD MEMBER	N/A	Director	$0	$0	$0
BEN GRUWELL	BOARD MEMBER	N/A	Director	$0	$0	$0
DWAYNE FIIHR	PRESIDENT	010.00	Officer	$0	$0	$0
JENNY KNUTSON	VICE PRES	005.00	Officer	$0	$0	$0
AL HOLM	TREASURER	008.00	Officer	$0	$0	$0
LESLIE SATRE	SECRETARY	010.00	Officer	$0	$0	$0
KATE FEIL	MUSEUM DIRECTOR	025.00	Key Emp	$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	No data	No data	No data	No data
2024	$86,939	$100,506	$2,487,767	$-13,567
2023	$74,930	$90,541	$2,325,837	$-15,611
2022	$59,019	$136,719	$2,045,832	$-77,700
2021	$1,605,694	$88,439	$2,530,947	$1,517,255
2020	$246,617	$69,052	$931,171	$177,565
2019	$51,454	$61,953	$747,459	$-10,499