WESTMORELAND COUNTY MUSEUM & LIBRARY INC

EIN: 540560803 501(c)(3)

MONTROSS, VA

Total Revenue
$67,277
Total Expenses
$82,646
Total Assets
$806,510
Net Assets
$805,580
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
VA
Principal Officer
GWENDOLYN O'DELL
Phone
8044938440
Tax Period
2023-01-01 to 2023-12-31

WESTMORELAND COUNTY MUSEUM & LIBRARY INC, founded in 1941, is a micro nonprofit that reported $67K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $83K exceeded revenue, resulting in a 23% operating deficit.

Mission

PRESERVATION AND PROMOTION OF THE HISTORY, TRADITIONS, AND CULTURE OF WESTMORELAND COUNTY, VIRGINIA AND PRESERVATION OF HISTORICAL RECORDS OF THE COUNTY.

Program Service Accomplishments

Program 1
Expenses: $79,089

OPERATION OF WESTMORELAND COUNTY MUSEUM AND HISTORICAL LIBRARY LOCATED IN WESTMORELAND COUNTY,VIRGINIA TO PRESERVE HISTORICAL ARTIFACTS AND RECORDS OF WESTMORELAND COUNTY, VIRGINIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $58,802
Program Service Revenue $0
Investment Income $7,818
Other Revenue $657
TOTAL REVENUE $67,277

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,757
Fundraising Expenses $1,302
Program Expenses $79,089
Other Expenses $25,889
TOTAL EXPENSES $82,646

Year-over-Year Comparison

2023 2022 Change
Revenue $67,277 $72,562 -0.1%
Expenses $82,646 $66,624 +0.2%
Net Income $-15,369 $5,938 -3.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
7
Volunteers
10

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE GARNER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SUSAN RIPOL VICE CHAIR 2.00
Officer Director
$0 $0 $0
GWENDOLYN O'DELL TREASURER 2.00
Officer Director
$0 $0 $0
KATHRYN WITTMAN SECRETARY 1.00
Officer Director
$0 $0 $0
LINDA BOATMAN DIRECTOR 0.50
Director
$0 $0 $0
ANNE GLANCY DIRECTOR 0.25
Director
$0 $0 $0
WAYNE SHIELDS DIRECTOR 1.00
Director
$0 $0 $0
REBECCA GILLIONS DIRECTOR 1.00
Director
$0 $0 $0
CELESTE JOHNSTON DIRECTOR 0.25
Director
$0 $0 $0
KATHERINE FOX DIRECTOR 0.50
Director
$0 $0 $0
ISOBEL MORRIS DIRECTOR 0.25
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 $67,277 $82,646 $806,510 $-15,369
2022 $72,562 $66,624 $822,907 $5,938
2021 $73,983 $64,705 $816,969 $9,278
2020 $63,603 $61,484 $807,691 $2,119
2019 $87,463 $79,715 $805,572 $7,748
2018 $87,898 $98,163 $798,539 $-10,265
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