Columbia, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AFRICAN ART MUSEUM OF MARYLAND, founded in 1980, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $24K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 17% operating deficit.
Art display and education: The African Art Museum of Maryland is dedicated to collecting, exhibiting and preserving, for the public, the art of Africa and is dedicated to increasing the awareness of African art and culture; while encouraging a broader understanding and appreciation of the art and culture of Africa.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $23,985 | $69,491 | -0.7% |
| Expenses | $28,041 | $26,266 | +0.1% |
| Net Income | $-4,056 | $43,225 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Doris ligon | Museum Director | 40 |
Director
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$0 | $0 | $0 |
| Mairice Simpkins | Board of Trustees, Vice Chairperson | 2 |
Key Emp
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$0 | $0 | $0 |
| Rose Varner-Gaskins | Board of Trustees, Secretary | 4 |
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$0 | $0 | $0 |
| Charles Barnum | Board of Trustees | 4 |
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$0 | $0 | $0 |
| Joseph A Mason | Board of Trustees | 2 |
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$0 | $0 | $0 |
| G Sundat Tenabe | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Abram Engelman | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Scott Faulkner | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Eleanor Hunt Esq | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Vivian Lawyer Esq | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Claude M Ligon Jr Ltc US Army | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Donna Wells | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Beverly Cooper | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Jacqueline Kakembo | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Saundra Barrett | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Beverly Cooper | Board of Trustees | 2 |
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$0 | $0 | $0 |
| C Vernon Gray | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Amanda Hoff | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Dr Michael Kelemen | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Dr Gregory Lehne | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Tola Oduyoye | Board of Trustees | 2 |
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$0 | $0 | $0 |
| Carolyn Vincent | Board of Trustees | 4 |
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$0 | $0 | $0 |
| Ralph Ballman | Board of Trustees, Treasurer | 10 |
Key Emp
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $23,985 | $28,041 | $1,303,702 | $-4,056 |
| 2024 | $69,491 | $26,266 | $1,305,729 | $43,225 |
| 2023 | $19,407 | $26,334 | $1,258,961 | $-6,927 |
| 2022 | $72,366 | $47,191 | $1,274,658 | $25,175 |
| 2021 | $34,012 | $20,332 | $1,247,892 | $13,680 |
Compare AFRICAN ART MUSEUM OF MARYLAND with other nonprofits in Maryland and across the country.