AMERICAN FRIENDS OF THE BRITISH MU… - Form 990 Financial Data

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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

1989

Legal Domicile

Principal Officer

JOHN MICKLETHWAIT

Phone

9735099509

Tax Period

2023-10-01 to 2024-09-30

AMERICAN FRIENDS OF THE BRITISH MUSEUM INC, founded in 1989, is a community nonprofit in the International Affairs sector that reported $3.9M in total revenue in fiscal year 2023. Revenue surged 388% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 66% operating margin.

Mission

AMERICAN FRIENDS OF THE BRITISH MUSEUM, INC. (AFBM) WAS ESTABLISHED IN 1989 AS A U.S. NOT-FOR-PROFIT ORGANIZATION. THE PRINCIPAL ACTIVITY OF AFBM IS TO RAISE AWARENESS OF THE ACTIVITIES AND COLLECTIONS OF THE BRITISH MUSEUM AMONG AMERICANS IN THE U.S. AND OVERSEAS. THIS WILL FACILITATE THE ACHIEVEMENT OF THE FINANCIAL, CUSTODIAL AND COLLECTING GOALS OF THE BRITISH MUSEUM.

Program Service Accomplishments

Program 1

Expenses: $1,201,413

THE PRINCIPAL ACTIVITY OF AFBM IS TO RAISE AWARENESS OF THE ACTIVITIES AND COLLECTIONS OF THE BRITISH MUSEUM AMONG AMERICANS IN THE U.S. AND OVERSEAS. THIS WILL FACILITATE THE ACHIEVEMENT OF THE...

THE PRINCIPAL ACTIVITY OF AFBM IS TO RAISE AWARENESS OF THE ACTIVITIES AND COLLECTIONS OF THE BRITISH MUSEUM AMONG AMERICANS IN THE U.S. AND OVERSEAS. THIS WILL FACILITATE THE ACHIEVEMENT OF THE FINANCIAL, CUSTODIAL AND COLLECTING GOALS OF THE BRITISH MUSEUM. AFBM MADE GRANTS OF $1,201,413 TO THE BRITISH MUSEUM IN SUPPORT OF THIS PURPOSE.

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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 $3,785,997

Program Service Revenue $0

Investment Income $153,686

Other Revenue $0

TOTAL REVENUE $3,939,683

Expense Breakdown

Grants Paid $1,201,413

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,201,413

Other Expenses $121,372

TOTAL EXPENSES $1,322,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,939,683	$807,852	+3.9%
Expenses	$1,322,785	$624,812	+1.1%
Net Income	$2,616,898	$183,040	+13.3%

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

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
JOHN MICKLETHWAIT	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DONNA PERRET ROSEN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JONATHAN H KAGAN	TREASURER	1.00	Officer Director	$0	$0	$0
JENNY YOUNG DU PONT	SECRETARY	1.00	Officer Director	$0	$0	$0
BROOK BERLIND	DIRECTOR	1.00	Director	$0	$0	$0
NANCY NOVOGROD	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA PAUL ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
CLARK B WINTER JR	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE OSBORNE	EX-OFFICIO	1.00	Director	$0	$0	$0
DAVID SABEL	DIRECTOR	1.00	Director	$0	$0	$0
DR NICHOLAS CULLINAN	EX-OFFICIO	1.00	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	$3,939,683	$1,322,785	$5,496,684	$2,616,898
2023	$807,852	$624,812	$2,499,085	$183,040
2022	$995,747	$2,751,139	$2,180,959	$-1,755,392
2021	$799,696	$1,277,744	$4,819,835	$-478,048
2020	$3,753,339	$3,170,174	$4,458,182	$583,165
2019	$2,314,857	$2,264,418	$4,027,339	$50,439
2018	$1,942,009	$1,957,053	$4,057,315	$-15,044

AMERICAN FRIENDS OF THE BRITISH MUSEUM INC