LYNCHBURG MUSEUM FOUNDATION (EIN 541906894) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

LAURA CRUMBLEY

Phone

4344554422

Tax Period

2023-01-01 to 2023-12-31

LYNCHBURG MUSEUM FOUNDATION, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $153K in total revenue in fiscal year 2018. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $131K, a strong 85% operating margin.

Mission

TO CONDUCT ACTIVITIES TO SUPPORT AND ASSIST THE GROWTH AND DEVELOPMENT OF THE LYNCHBURG MUSEUM SYSTEM.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $36,556

Program Service Revenue $0

Investment Income $20,344

Other Revenue $13,446

TOTAL REVENUE $70,346

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,954

Other Expenses $11,734

TOTAL EXPENSES $11,734

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,346	$50,602	+0.4%
Expenses	$11,734	$12,492	-0.1%
Net Income	$58,612	$38,110	+0.5%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MS RAMONA BATTLE	DIRECTOR	1.00	Director	$0	$0	$0
MS LISA CULPEPPER-BEVERLY	DIRECTOR	1.00	Director	$0	$0	$0
MR DOUGLAS E LEE	DIRECTOR	1.00	Director	$0	$0	$0
MRS LAURA CRUMBLEY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MRS CYNTHIA FEIN	DIRECTOR	1.00	Director	$0	$0	$0
MRS MAJORIE M FREEMAN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MRS MICHELINE HALL	DIRECTOR	1.00	Director	$0	$0	$0
MRS HERMINA W HENDRICKS	DIRECTOR	1.00	Director	$0	$0	$0
MR J SCOTT MORRELL	TREASURER	2.00	Officer Director	$0	$0	$0
MR JOSEPH J KRAKORA	DIRECTOR	1.00	Director	$0	$0	$0
MR TODD E LEAP	DIRECTOR	1.00	Director	$0	$0	$0
MRS MARJETTE UPSHUR	ex-officio-DIRECTOR OF ECONOMIC DEVEL	1.00	Director	$0	$0	$0
MR TED DELANEY	SECRETARY/ ex-officia Museum DIRECTOR	10.00	Officer Director	$0	$0	$0
MRS JESSICA WATTS	DIRECTOR	1.00	Director	$0	$0	$0
DR CLIFTON W POTTER JR	DIRECTOR	1.00	Director	$0	$0	$0
MARK POOLE	DIRECTOR	1.00	Director	$0	$0	$0
LISA RICHARDS	DIRECTOR	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	No data	No data	No data	No data
2023	$70,346	$11,734	$918,152	$58,612
2022	$50,602	$12,492	$857,879	$38,110
2021	$81,096	$20,835	$855,045	$60,261
2020	$100,379	$31,886	$771,418	$68,493
2019	$87,063	$33,079	$689,702	$53,984
2019	$102,117	$36,454	$701,381	$65,663
2018	$153,100	$22,556	$613,654	$130,544

LYNCHBURG MUSEUM FOUNDATION