NATIONAL SAILING HALL OF FAME & MUSEUM INC (EIN 542152883) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

THOMAS STARK

Phone

4013245761

Tax Period

2023-01-01 to 2023-12-31

NATIONAL SAILING HALL OF FAME & MUSEUM INC, founded in 2004, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $464K, a strong 17% operating margin.

Mission

TO RECOGNIZE AND ENCOURAGE ACHIEVEMENT OF US SAILERS AND THE SPORT OF SAILING, AND TO INSPIRE AND CULTIVATE SCHOLASTIC AND LIFE SKILLS LEARNING THROUGH THE MUSEUM AND HALL OF FAME.

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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 $2,509,116

Program Service Revenue $257,686

Investment Income $26,880

Other Revenue $-2,828

TOTAL REVENUE $2,790,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $534,846

Fundraising Expenses $381,421

Program Expenses $1,718,636

Other Expenses $1,792,336

TOTAL EXPENSES $2,327,182

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,790,854	$1,401,815	+1.0%
Expenses	$2,327,182	$2,024,820	+0.1%
Net Income	$463,672	$-623,005	-1.7%

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

$270,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY JOBSON	CO-PRESIDENT	5.00	Officer Director	$0	$0	$0
TOM WHIDDEN	CO-PRESIDENT	5.00	Officer Director	$0	$0	$0
JAMES A HILTON	TREASURER	5.00	Officer Director	$0	$0	$0
CHRIS OTOROWSKI	SECRETARY	5.00	Officer Director	$0	$0	$0
SANDRA SNIDER ASKEW	DIRECTOR	1.00	Director	$0	$0	$0
SPIKE LOBDELL	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BENZAK	DIRECTOR	1.00	Director	$0	$0	$0
BYRON MARCHANT	DIRECTOR	1.00	Director	$0	$0	$0
GUS CARLSON	DIRECTOR	1.00	Director	$0	$0	$0
PAM RORKE LEVY	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET D COMFORT	DIRECTOR	1.00	Director	$0	$0	$0
RICH NUGENT	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES A DANA	DIRECTOR	1.00	Director	$0	$0	$0
JIM RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
DREW FREIDES	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW S ROSE	DIRECTOR	1.00	Director	$0	$0	$0
PETER GERARD	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR SANTRY	DIRECTOR	1.00	Director	$0	$0	$0
JAMES B GUBELMAN	DIRECTOR	1.00	Director	$0	$0	$0
FRANK SAVAGE	DIRECTOR	1.00	Director	$0	$0	$0
ROBBIE HAINES	DIRECTOR	1.00	Director	$0	$0	$0
TOM STARK	DIRECTOR	1.00	Director	$0	$0	$0
SALLY HELME	DIRECTOR	1.00	Director	$0	$0	$0
SANDS YELLOT	DIRECTOR	1.00	Director	$0	$0	$0
RICH JEPSEN	DIRECTOR, EX OFFICER	1.00	Director	$0	$0	$0
HEATHER RUHSAM UNTIL 6302023	EXECUTIVE DIRECTOR	40.00	Officer	$165,110	$7,817	$172,927
ASHLEY HOUSEHOLDER START 712023	EXECUTIVE DIRECTOR	40.00	Officer	$89,135	$8,438	$97,573

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	$2,790,854	$2,327,182	$10,566,862	$463,672
2022	$1,401,815	$2,024,820	$11,548,014	$-623,005
2021	$4,150,858	$845,862	$12,678,127	$3,304,996
2020	$3,487,450	$495,768	$6,092,281	$2,991,682
2019	$706,314	$501,236	$2,828,237	$205,078
2018	$758,047	$414,349	$2,534,284	$343,698

NATIONAL SAILING HALL OF FAME & MUSEUM INC