GRINNELL HISTORICAL MUSEUM 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

1958

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

GRINNELL HISTORICAL MUSEUM SOCIETY, founded in 1958, is a small nonprofit in the Arts, Culture & Humanities sector that reported $414K in total revenue in fiscal year 2023. The organization ran a surplus of $322K, a strong 78% operating margin.

Mission

TELL THE STORIES OF GRINNELL AND THE SURROUNDING AREA THROUGH ARTIFACTS AND PHOTOGRAPHS.

Program Service Accomplishments

Program 1

Expenses: $78,676

WE ARE CONTINUING TO TELL THE STORIES OF GRINNELL AND THE SURROUNDING AREA THROUGH ARTIFACTS AND PHOTOGRAPHS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $414,377

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $414,377

Expense Breakdown

Grants Paid $2,400

Salaries & Benefits $21,737

Fundraising Expenses $5,574

Program Expenses $78,676

Other Expenses $68,152

TOTAL EXPENSES $92,289

Year-over-Year Comparison

	2023	2022	Change
Revenue	$414,377	N/A	N/A
Expenses	$92,289	N/A	N/A
Net Income	$322,088	N/A	N/A

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	Role	Reportable Comp	Other Comp	Total
DEBBIE POHLSON	DIRECTOR	Director	$0	$0	$0
BARB LEASE	DIRECTOR	Director	$0	$0	$0
ANN IGOE	DIRECTOR	Director	$0	$0	$0
SCOTT GRUHN	DIRECTOR	Director	$0	$0	$0
FELICITY MEADS	DIRECTOR	Director	$0	$0	$0
CHERYL NEUBERT	DIRECTOR	Director	$0	$0	$0
RITA MERTENS	DIRECTOR	Director	$0	$0	$0
ALLISON HAACK	DIRECTOR	Director	$0	$0	$0
BRUCE BLANKENFELD	DIRECTOR	Director	$0	$0	$0
BILL HAMMEN	DIRECTOR	Director	$0	$0	$0
DOUG CAMERON	DIRECTOR	Director	$0	$0	$0
FRANK SHULTS	VICE PRESIDENT	Officer Director	$0	$0	$0
MICHAEL GUENTHER	PRESIDENT	Officer Director	$0	$0	$0
SHERRY WALLACE	TREASURER	Officer Director	$0	$0	$0
JACKIE STOAKES	SECRETARY	Officer 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	$414,377	$92,289	$1,013,325	$322,088