GRANVILLE MUSEUM INC

EIN: 621822304 501(c)(3) Arts, Culture & Humanities

GRANVILLE, TN

Total Revenue
$958,972
Total Expenses
$746,772
Total Assets
$1,235,571
Net Assets
$1,024,609
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
TN
Principal Officer
RANDALL CLEMONS
Phone
9316534151
Tax Period
2024-01-01 to 2024-12-31

GRANVILLE MUSEUM INC, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $959K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $212K, a strong 22% operating margin.

Mission

TO PRESERVE THE HISTORY OF A PAST RIVERBOAT TOWN OF GRANVILLE, TN WHILE OPERATING A MUSEUM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $505,698
Program Service Revenue $160,205
Investment Income $1,312
Other Revenue $291,757
TOTAL REVENUE $958,972

Expense Breakdown

Grants Paid $0
Salaries & Benefits $138,202
Fundraising Expenses $0
Program Expenses $746,772
Other Expenses $608,570
TOTAL EXPENSES $746,772

Year-over-Year Comparison

2024 2023 Change
Revenue $958,972 $729,065 +0.3%
Expenses $746,772 $706,190 +0.1%
Net Income $212,200 $22,875 +8.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
6
Volunteers
242

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
$0
Total Directors
15
$14,179
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA HUFF BOARD MEMBER 10.00
Director
$14,179 $0 $14,179
CAROLYN CARTER DUDNEY BOARD MEMBER 2.00
Director
$0 $0 $0
LARRY EDMONDSON BOARD MEMBER 3.00
Director
$0 $0 $0
SAM MOORE BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS NEELEY BOARD MEMBER 8.00
Director
$0 $0 $0
KATIE BENNETT BOARD MEMBER 2.00
Director
$0 $0 $0
STANLEY DUKE BOARD MEMBER 2.00
Director
$0 $0 $0
BRENDA FRANCIS BOARD MEMBER 2.00
Director
$0 $0 $0
RANDY HARRIS BOARD MEMBER 5.00
Director
$0 $0 $0
DEBBIE KINNARD BOARD MEMBER 0.00
Director
$0 $0 $0
SUSAN PEEK BOARD MEMBER 2.00
Director
$0 $0 $0
JANIE PEDIGO PHILLIPS BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN DEANE BOARD MEMBER 2.00
Director
$0 $0 $0
CARL CANTRELL BOARD MEMBER 2.00
Director
$0 $0 $0
BRENDA CURTIS BOARD MEMBER 2.00
Director
$0 $0 $0
RANDALL CLEMONS PRESIDENT 40.00
Officer
$0 $0 $0
LIZ HUFF BENNETT VICE PRESIDENT 20.00
Officer
$0 $0 $0
STAN WEBSTER VICE PRESIDENT 5.00
Officer
$0 $0 $0
KAYE FIELDS LOFTIS SECRETARY 2.00
Officer
$0 $0 $0
GREGORY HIGH TREASURER 10.00
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 $958,972 $746,772 $1,235,571 $212,200
2023 $729,065 $706,190 $616,355 $22,875
2022 $610,404 $637,322 $593,480 $-26,918
2021 $563,144 $557,547 $620,398 $5,597
2020 $497,213 $432,267 $614,801 $64,946
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