CLYFFORD STILL MUSEUM FOUNDATION

EIN: 611581548 501(c)(3) Arts, Culture & Humanities

DENVER, CO

Total Revenue
$2,758,153
Total Expenses
$4,463,180
Total Assets
$142,346,617
Net Assets
$142,341,895
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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
2011
Legal Domicile
CO
Principal Officer
HAROLD R LOGAN
Phone
7203544880
Tax Period
2023-01-01 to 2023-12-31

CLYFFORD STILL MUSEUM FOUNDATION, founded in 2011, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2023. Expenses of $4.5M exceeded revenue, resulting in a 62% operating deficit.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF CLYFFORD STILL MUSEUM, A COLORADO NONPROFIT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SPECIFIC PURPOSES AND OBJECTIVES OF THE CORPORATION SHALL INCLUDE BUT NOT BE LIMITED TO THE FOLLOWING: (A) TO RECEIVE CONTRIBUTIONS FROM ANY SOURCE WHATSOEVER AND TO ESTABLISH, MAINTAIN AND ADMINISTER AN ENDOWMENT FUND FOR THE EXCLUSIVE BENEFIT OF CLYFFORD STILL MUSEUM. (B) SUBJECT TO THE TERMS OF ANY SPECIFIC GIFT, GRANT, BEQUEST OR DEVISE, TO MAKE DISTRIBUTIONS FROM SUCH ENDOWMENT FUND EXCLUSIVELY FOR THE SUPPORT OF CLYFFORD STILL MUSEUM FOR ITS CHARITABLE, EDUCATIONAL, SCIENTIFIC AND LITERARY PURPOSES AND FOR ITS CUSTODY OF AND CARE FOR THE CLYFFORD STILL MUSEUM COLLECTIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,476,817
Other Revenue $281,336
TOTAL REVENUE $2,758,153

Expense Breakdown

Grants Paid $3,900,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,900,000
Other Expenses $563,180
TOTAL EXPENSES $4,463,180

Year-over-Year Comparison

2023 2022 Change
Revenue $2,758,153 $-541,745 -6.1%
Expenses $4,463,180 $3,568,539 +0.3%
Net Income $-1,705,027 $-4,110,284 -0.6%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
7

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
5
$550,216
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAROLD R LOGAN PRESIDENT 0.25
Officer Director
$0 $0 $0
J LANDIS MARTIN PRESIDENT TH 0.25
Officer Director
$0 $0 $0
DANIEL BENEL TREASURER 0.25
Officer Director
$0 $0 $0
MARSHALL F WALLACH DIRECTOR 0.25
Director
$0 $0 $0
SUSANNAH DRAKE DIRECTOR 0.25
Director
$0 $0 $0
JOYCE TSAI ASSISTANT VP 0.25
Officer
$0 $67,885 $343,991
ANNA BOATWRIGHT ASSISTANT SE 0.25
Officer
$0 $13,222 $206,225
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 $2,758,153 $4,463,180 $142,346,617 $-1,705,027
2022 $-541,745 $3,568,539 $128,501,391 $-4,110,284
2021 $5,009,227 $3,990,880 $160,969,221 $1,018,347
2020 $-85,314 $3,031,283 $149,227,209 $-3,116,597
2019 $2,538,593 $3,615,312 $133,322,699 $-1,076,719
2018 $3,763,869 $3,810,344 $112,959,525 $-46,475
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