THE HERMITAGE FOUNDATION (EIN 540505909) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1937

Legal Domicile

Principal Officer

JEN DUNCAN

Phone

7574232052

Tax Period

2023-01-01 to 2023-12-31

THE HERMITAGE FOUNDATION, founded in 1937, is a small nonprofit that reported $507K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 151% operating deficit.

Mission

THE HERMITAGE FOUNDATION SUPPORTS THE HERMITAGE MUSEUM & GARDENS A NOT-FOR-PROFIT MUSEUM.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $506,561

Other Revenue $0

TOTAL REVENUE $506,561

Expense Breakdown

Grants Paid $1,193,436

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,193,436

Other Expenses $77,597

TOTAL EXPENSES $1,271,033

Year-over-Year Comparison

	2023	2022	Change
Revenue	$506,561	$316,045	+0.6%
Expenses	$1,271,033	$867,822	+0.5%
Net Income	$-764,472	$-551,777	+0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

$145,582

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEN DUNCAN	EXECUTIVE DIRECTOR	1.00	Director	$0	$0	$145,582
HENERY U HARRIS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANN STOKES	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT W MCFARLAND	DIRECTOR	1.00	Director	$0	$0	$0
ALEX ERVING	OFFICER	1.00	Officer Director	$0	$0	$0
PAN COMBS	OFFICER	1.00	Officer Director	$0	$0	$0
IAN HOLDER	OFFICER	1.00	Officer Director	$0	$0	$0
JANE WRIGHT	OFFICER	1.00	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
2024	No data	No data	No data	No data
2023	$506,561	$1,271,033	$14,339,525	$-764,472

THE HERMITAGE FOUNDATION