JACK NICKLAUS MUSEUM INC

EIN: 650220781 501(c)(3) Arts, Culture & Humanities

COLUMBUS, OH

Total Revenue
$30,000
Total Expenses
$201,471
Total Assets
$26,815,669
Net Assets
$26,815,669
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
FL
Principal Officer
JOHN JANKOVIC
Phone
6148896717
Tax Period
2024-01-01 to 2024-12-31

JACK NICKLAUS MUSEUM INC, founded in 1977, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $30K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $201K exceeded revenue, resulting in a 572% operating deficit.

Mission

THE PRIMARY PURPOSE OF THE MUSEUM IS TO SUPPORT THE EDUCATIONAL ACTIVITIES OF OHIO STATE UNIVERSITY (OSU), AND IN PARTICULAR TO PROVIDE FACILITIES FOR OSU TO DISPLAY GOLF-RELATED AND OTHER MEMORABILIA OF JACK W. NICKLAUS, AN OSU ALUMNUS, TO MEMBERS OF THE GENERAL PUBLIC, TOGETHER WITH SUCH RELATED INTERPRETIVE, HISTORICAL, AND EDUCATIONAL MATERIALS AS MAY FURTHER THE KNOWLEDGE AND UNDERSTANDING OF THE PUBLIC ABOUT THE LIFE AND CAREER OF JACK W. NICKLAUS AND THE HISTORY OF GOLF IN GENERAL.

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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 $30,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $30,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $201,471
Other Expenses $201,471
TOTAL EXPENSES $201,471

Year-over-Year Comparison

2024 2023 Change
Revenue $30,000 $60,000 -0.5%
Expenses $201,471 $196,493 +0.0%
Net Income $-171,471 $-136,493 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK W NICKLAUS II DIRECTOR 1.00
Director
$0 $0 $0
BARBARA B NICKLAUS DIRECTOR 1.00
Director
$0 $0 $0
JOHN W KESSLER DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS LAROCCA PRESIDENT 2.00
Officer
$0 $0 $0
DANIEL M MAHER SECRETARY 1.00
Officer
$0 $0 $0
DAVID P LAUER TREASURER 1.00
Officer
$0 $0 $0
JOHN JANKOVIC FINANCIAL OFFICIAL 2.00
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 $30,000 $201,471 $26,815,669 $-171,471
2023 $60,000 $196,493 $26,987,140 $-136,493
2022 No data $201,029 $27,144,206 No data
2021 No data $170,460 $27,349,175 No data
2020 No data $222,067 $27,521,001 No data
2019 $27,500 $198,964 $27,743,068 $-171,464
2018 $27,500 $194,171 $27,891,392 $-166,671
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