ACADEMY ART MUSEUM INC

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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

Principal Officer

DONNA ALPI

Phone

4108222787

Tax Period

2024-09-01 to 2025-08-31

ACADEMY ART MUSEUM INC, founded in 1958, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2024. Expenses of $2.6M left a modest 4% surplus.

Mission

SEE SCH O

Program Service Accomplishments

Program 1

Expenses: $1,366,675 Revenue: $190,977

ART APPRECIATION AND EDUCATION PROGRAMS-THE ACADEMY PRESENTS EXHIBITS, CONCERTS, EDUCATION, AND OTHER SIMILAR PROGRAMS TO THE GENERAL PUBLIC.

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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 $1,757,116

Program Service Revenue $190,977

Investment Income $774,856

Other Revenue $9,050

TOTAL REVENUE $2,731,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $894,189

Fundraising Expenses $349,223

Program Expenses $1,366,675

Other Expenses $1,729,339

TOTAL EXPENSES $2,623,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,731,999	$2,793,502	0.0%
Expenses	$2,623,528	$1,875,107	+0.4%
Net Income	$108,471	$918,395	-0.9%

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

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

$211,979

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER CHRZANOWSKI	DEPUTY DIRECTOR 9/24 - 7/25	040.00	Officer	$131,521	$9,495	$141,016
CHARLOTTE POTTER KASIC	EXECUTIVE DIRECTOR	040.00	Officer	$63,877	$7,086	$70,963
DONNA ALPI	CHAIR	001.00	Officer Director	$0	$0	$0
CHRISTINE MARTIN	VICE CHAIR	001.00	Officer Director	$0	$0	$0
CHUCK MANGOLD	SECRETARY	001.00	Officer Director	$0	$0	$0
JIM HARRIS	TREASURER	001.00	Officer Director	$0	$0	$0
SUE BREDEKAMP	MEMBER	001.00	Director	$0	$0	$0
BRENDA FIKE	MEMBER	001.00	Director	$0	$0	$0
SHELTON HAWKINS	MEMBER	001.00	Director	$0	$0	$0
ELIZABETH HORMEL	MEMBER	001.00	Director	$0	$0	$0
SANDY CARDIN	MEMBER	001.00	Director	$0	$0	$0
ROBERT FOGARTY	MEMBER	001.00	Director	$0	$0	$0
JAZMINE GIBSON	MEMBER	001.00	Director	$0	$0	$0
DENISE GRANT	MEMBER	001.00	Director	$0	$0	$0
VICTORIA GOMEZ LOZANO	MEMBER	001.00	Director	$0	$0	$0
CHRISTOPHER SADLER	MEMBER	001.00	Director	$0	$0	$0
JOANNE LUKENS	MEMBER	001.00	Director	$0	$0	$0
ANN SCULLY	MEMBER	001.00	Director	$0	$0	$0
RONALD FLOHR	MEMBER	001.00	Director	$0	$0	$0
BETH SPURRY	MEMBER	001.00	Director	$0	$0	$0
HOLLY TOWNSEND	MEMBER	001.00	Director	$0	$0	$0
DANIEL WEISS	MEMBER	001.00	Director	$0	$0	$0
DONALD WOOTERS	MEMBER	001.00	Director	$0	$0	$0
KAREN SHOOK	MEMBER	001.00	Director	$0	$0	$0
CHRIS WALSH	MEMBER	001.00	Director	$0	$0	$0
MARYLOU ARMSTRONG PETERS	MEMBER	001.00	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
2025	$2,731,999	$2,623,528	$12,448,156	$108,471
2024	$2,793,502	$1,875,107	$12,602,247	$918,395
2023	$1,918,789	$1,948,617	$11,635,129	$-29,828
2022	$1,402,420	$1,685,182	$11,255,379	$-282,762
2021	$1,323,852	$1,481,864	$12,678,552	$-158,012
2020	$2,915,751	$1,500,746	$11,923,401	$1,415,005
2019	$1,681,441	$1,656,077	$10,302,877	$25,364