WEATHERSPOON ART MUSEUM COUNCIL (EIN 581852178) - 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

1989

Legal Domicile

Principal Officer

JULIETTE BIANCO

Phone

3363345200

Tax Period

2024-07-01 to 2025-06-30

WEATHERSPOON ART MUSEUM COUNCIL, founded in 1989, is a small nonprofit that reported $152K in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $148K, a strong 97% operating margin.

Mission

OVERSEE CARE AND MANAGEMENT OF COLLECTION BY THE MUSEUM'S PROFESSIONAL STAFF FOR TEACHING, RESEARCH AND PUBLIC SERVICE PURPOSES EXCLUSIVELY FOR THE USE AND BENEFIT OF THE UNIVERSITY OF NC AT GREENSBORO, AND TO ENGAGE IN FUND-RAISING ACTIVITIES IN SUPPORT OF THE WEATHERSPOON ART MUSEUM AND THE UNIVERSITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $152,425

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $152,425

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,845

Other Expenses $4,845

TOTAL EXPENSES $4,845

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,425	$611,792	-0.8%
Expenses	$4,845	N/A	N/A
Net Income	$147,580	$611,792	-0.8%

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

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

$728,742

Total Directors

$1,338,523

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUTH HEYD	CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT J SHEA JR	TREASURER	0.10	Officer Director	$0	$78,438	$387,195
JULIETTE BIANCO	PRESIDENT	1.00	Officer Director	$0	$39,435	$253,078
MAGGIE BASU	DIRECTOR	1.00	Director	$0	$0	$0
SALLY CONE	DIRECTOR	1.00	Director	$0	$0	$0
LOIS DELOATCH	DIRECTOR	1.00	Director	$0	$0	$0
LLOYD DOUGLAS	DIRECTOR	1.00	Director	$0	$0	$0
MEI MENDEZ	SECRETARY	0.10	Officer Director	$0	$18,384	$88,469
SYDNEY GINGROW	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT HEALY	DIRECTOR	1.00	Director	$0	$0	$0
NANCY HOFFMANN	DIRECTOR	1.00	Director	$0	$0	$0
BRANDY NASH	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE MAGID	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN MAGOD	DIRECTOR	1.00	Director	$0	$0	$0
KERRI MUBAARAK	DIRECTOR	1.00	Director	$0	$0	$0
DABNEY SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
ERICA WEISSBURG	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GIBBS	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN OUTLING	DIRECTOR	1.00	Director	$0	$0	$0
SHERRILL ROLAND	DIRECTOR	1.00	Director	$0	$0	$0
JILL WHITE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL WATSON	DIRECTOR	0.10	Director	$0	$23,733	$133,246
BETH FISCHER	DIRECTOR	0.10	Director	$0	$48,419	$353,296
AUGUSTO PENA	DIRECTOR	0.10	Director	$0	$22,607	$123,239
JASMINE BEARD	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
2025	$152,425	$4,845	$28,600,858	$147,580
2024	No data	No data	No data	No data
2023	$3,447,635	No data	$27,841,486	No data
2022	$150,191	No data	$24,393,851	No data
2021	$211,426	No data	$24,243,660	No data
2020	$190,951	No data	$23,878,929	No data
2019	$29,142	No data	$23,687,978	No data

WEATHERSPOON ART MUSEUM COUNCIL