Museum of Craft and Design

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

2003

Legal Domicile

Principal Officer

Neil O'Donnell

Phone

4157730303

Tax Period

2023-01-01 to 2023-12-31

Museum of Craft and Design, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Net assets of $7.3M represent 32 months of operating reserves.

Mission

The Museum of Craft and Design (MCD) makes creativity accessible to everyone. Through inspired exhibitions and experiential programs, MCD explores the creative process and current perspectives in craft and design.

Program Service Accomplishments

Program 1

Expenses: $1,084,556 Revenue: $37,206

Exhibition: Celebrating 20 years of service to the community, the Museumof Craft and Design (MCD) is San Franciscos only museumdevoted to contemporary craft and design. Founded in 2004,MCD is known for its bold and innovative exhibitions and for itsinspiring MakeArt educational programs for children andfamilies. This is the bedrock of who we are and reflects ourcreative spirit, collaborative nature, and a deep commitment tocommunity engagement. (cont'd on schedule O)

Program 2

Expenses: $297,427 Revenue: $24,553

Education: MCDs programs make creativity accessible to everyone,serving some of the most economically and culturally diversecommunities of the Bay Area, including neighborhoods whereover 40% of...

Education: MCDs programs make creativity accessible to everyone,serving some of the most economically and culturally diversecommunities of the Bay Area, including neighborhoods whereover 40% of inhabitants live below the federal poverty level. Tohelp address increasing income-inequality in the Bay Area andprovide arts for all regardless of income level, MCDs freeMobile MakeArt program cultivates creative communitypartnerships across San Francisco. (cont'd on schedule O)

Program 3

Expenses: $145,903 Revenue: $-92,865

Museum Store: Voted the Best Museum Store in San Francisco by SanFrancisco Magazine, MCDs exquisite store features athoughtfully curated selection of contemporary craft anddesign objects, as well as one-of-a-kind items including artjewelry, craft and design publications, toys, ceramics, glassand branded products. The MCD store creates the opportunityfor visitors to extend their museum experience, offering someof the best examples of contemporary craft and design itemssourced from local, national and international makers anddesigners, with a focus on local creatives.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,570,930

Program Service Revenue $61,759

Investment Income $214,805

Other Revenue $-87,999

TOTAL REVENUE $2,759,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,463,981

Fundraising Expenses $266,293

Program Expenses $1,527,886

Other Expenses $1,247,004

TOTAL EXPENSES $2,710,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,759,495	$2,912,047	-0.1%
Expenses	$2,710,985	$3,028,245	-0.1%
Net Income	$48,510	$-116,198	-1.4%

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

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

$275,740

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JoAnn Edwards	Executive Dir.	40.00	Officer	$265,135	$10,605	$275,740
Sarah Kermensky	Development Dir	40.00		$125,250	$12,887	$138,137
Clarissa Kalman	Finance Director	40.00		$106,667	$4,267	$110,934
Neil O'Donnell	Board Chair	5.00	Officer Director	$0	$0	$0
Babette Pinsky	Vice President	5.00	Officer Director	$0	$0	$0
Andy Astor	Treasurer	5.00	Officer Director	$0	$0	$0
Peggy Dalal	Secretary	5.00	Officer Director	$0	$0	$0
Robin Azevedo	Director	3.00	Director	$0	$0	$0
Kelly Koski	Director	3.00	Director	$0	$0	$0
Emily Meyer	Director	3.00	Director	$0	$0	$0
Joy Ou	Director	3.00	Director	$0	$0	$0
Michon Pinnix	Director	3.00	Director	$0	$0	$0
Shujan Bertrand	Director	3.00	Director	$0	$0	$0
Jason Kelly Johnson	Director	3.00	Director	$0	$0	$0
Gretchen Wustrack	Director	3.00	Director	$0	$0	$0
Nora Atkinson	Executive Dir.	0.00	Officer	$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	$2,759,495	$2,710,985	$7,813,397	$48,510
2022	$2,912,047	$3,028,245	$7,590,748	$-116,198
2021	$2,375,562	$2,203,423	$8,469,025	$172,139
2020	$3,194,280	$1,896,947	$8,166,712	$1,297,333
2019	$3,200,431	$2,357,747	$5,587,300	$842,684