COMMUNITY MUSEUM SOCIETY INC (EIN 582285731) - 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

1996

Legal Domicile

Principal Officer

TYRONE WALLACE

Phone

8433741500

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY MUSEUM SOCIETY INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $336K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

THE COMMUNITY MUSEUM SOCIETY, INC. SERVES TO PRESERVE AND ADVANCE THE ARTS, CULTURE AND HISTORY OF OUR COMMUNITY AND STATE. THE ENTITY PROVIDES EXHIBIT MATERIALS AND A PHYSICAL FACILITY IN WHICH TO ACCOMPLISH THE ABOVE.

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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 $250,025

Program Service Revenue $81,945

Investment Income $3,877

Other Revenue $0

TOTAL REVENUE $335,847

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,826

Fundraising Expenses $0

Program Expenses $276,068

Other Expenses $236,474

TOTAL EXPENSES $333,300

Year-over-Year Comparison

	2023	2022	Change
Revenue	$335,847	$364,625	-0.1%
Expenses	$333,300	$392,933	-0.2%
Net Income	$2,547	$-28,308	-1.1%

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

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
ANN RODGERS CHANDLER	BOARD MEMBER	N/A	Director	$0	$0	$0
KAREN FOWLER	BOARD MEMBER	N/A	Director	$0	$0	$0
SYLVIA K GOWDY	SECRETARY	N/A	Officer Director	$0	$0	$0
LEE HOLLADAY	BOARD MEMBER	N/A	Director	$0	$0	$0
HENRY SWINK	TREASURER	N/A	Officer Director	$0	$0	$0
TYRONE WALLACE	CHAIR	N/A	Officer 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	$335,847	$333,300	$2,637,085	$2,547
2022	$364,625	$392,933	$2,773,708	$-28,308
2021	$482,836	$432,690	$2,849,924	$50,146
2020	$347,598	$437,293	$2,858,543	$-89,695
2019	$379,865	$404,692	$2,997,438	$-24,827
2018	$405,490	$413,538	$3,004,968	$-8,048

COMMUNITY MUSEUM SOCIETY INC