Steel Guitar Hall of Fame Inc

EIN: 431344660 501(c)(3)

Saint Louis, MO

Total Revenue
$253,566
Total Expenses
$171,516
Total Assets
$363,172
Net Assets
$363,172
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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
2022
Legal Domicile
MO
Phone
3147735257
Tax Period
2024-01-01 to 2024-12-31

Steel Guitar Hall of Fame Inc, founded in 2022, is a small nonprofit that reported $254K in total revenue in fiscal year 2024. The organization ran a surplus of $82K, a strong 32% operating margin.

Mission

TO PROMOTE AWARENESS AND KNOWLEDGE OF THE STEEL GUITAR

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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 (2024)

Revenue Breakdown

Contributions & Grants $253,111
Program Service Revenue $0
Investment Income $29
Other Revenue $426
TOTAL REVENUE $253,566

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $171,516
TOTAL EXPENSES $171,516

Year-over-Year Comparison

2024 2023 Change
Revenue $253,566 $250,095 +0.0%
Expenses $171,516 $121,686 +0.4%
Net Income $82,050 $128,409 -0.4%
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
3
Independent Members
3
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL SCOTT PRESIDENT 10.00
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
2025 No data No data No data No data
2024 $253,566 $171,516 $363,172 $82,050
2023 $250,095 $121,686 $281,122 $128,409
2022 $212,257 $106,058 $152,713 $106,199
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