Point Pleasant River Museum Foundation Inc

EIN: 550544557 501(c)(3)

Point Pleasant, WV

Total Revenue
$379,323
Total Expenses
$118,085
Total Assets
$1,646,705
Net Assets
$1,646,622
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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
1972
Legal Domicile
WV
Principal Officer
James McCormick
Phone
3046753100
Tax Period
2022-07-01 to 2023-06-30

Point Pleasant River Museum Foundation Inc, founded in 1972, is a small nonprofit that reported $379K in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $261K, a strong 69% operating margin.

Mission

Setting-up and operating a museum. Museum burned down on July 1, 2018 It is in the process of being rebuilt.

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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 (2022)

Revenue Breakdown

Contributions & Grants $374,555
Program Service Revenue $0
Investment Income $7,659
Other Revenue $-2,891
TOTAL REVENUE $379,323

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,326
Fundraising Expenses $0
Program Expenses $118,085
Other Expenses $88,759
TOTAL EXPENSES $118,085

Year-over-Year Comparison

2022 2021 Change
Revenue $379,323 $486,936 -0.2%
Expenses $118,085 $95,555 +0.2%
Net Income $261,238 $391,381 -0.3%
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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Governance

Voting Members
19
Independent Members
18
Employees
2
Volunteers
25

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
$18,298
Total Directors
18
$0
Key Employees
1
$18,298
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James McCormick Executive Director 65.00
Officer Key Emp Highest
$18,298 $0 $18,298
Donald E Waldie Board Member 1.00
Director
$0 $0 $0
Dennis M Brumfield Treasurer 10.00
Officer Director
$0 $0 $0
John Sang Vice President 4.00
Officer Director
$0 $0 $0
Edward Shearer Board Member 1.00
Director
$0 $0 $0
Vernon Clifton Board Member 8.00
Director
$0 $0 $0
Jack Sturgeon Board Member 1.00
Director
$0 $0 $0
Brian Billings Board Member 2.00
Director
$0 $0 $0
Mark Groves Board Member 1.00
Director
$0 $0 $0
Brian Patterson Board Member 2.00
Director
$0 $0 $0
Butch Leport President 4.00
Officer Director
$0 $0 $0
Joe Supple Board Member 2.00
Director
$0 $0 $0
Steve Pearson Board Member 1.00
Director
$0 $0 $0
Tom Cook Board Member 2.00
Director
$0 $0 $0
Chris Rizer Secretary 4.00
Director
$0 $0 $0
Rick Clifton Board Member 4.00
Director
$0 $0 $0
Chuck Ewing Board Member 2.00
Director
$0 $0 $0
Steve Littlepage Board Member 1.00
Director
$0 $0 $0
Peggy Smith Board Member 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $379,323 $118,085 $1,646,705 $261,238
2022 $486,936 $95,555 $1,383,757 $391,381
2021 $331,688 $184,284 $992,915 $147,404
2020 $295,368 $119,199 $859,956 $176,169
2019 $458,364 $118,922 $673,673 $339,442
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