Michelson Museum of Art (EIN 752019491) - 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

1985

Legal Domicile

Principal Officer

Orlando Valle

Phone

9039359480

Tax Period

2024-09-01 to 2025-08-31

Michelson Museum of Art, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $322K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $62K, a strong 19% operating margin.

Mission

The art museum provides art and art history instruction classes in partnership with varous schools throughout East Texas, including early childhood children to college and university students. Programs and tours can be interactive or hand on, as requested.The Michelson Museum continues to provide summer art classes throughout the summer months to students of all ages (at no charge to the students).

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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 $126,942

Program Service Revenue $850

Investment Income $112,129

Other Revenue $82,224

TOTAL REVENUE $322,145

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,827

Fundraising Expenses $0

Program Expenses $260,574

Other Expenses $137,747

TOTAL EXPENSES $260,574

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,145	$388,017	-0.2%
Expenses	$260,574	$227,178	+0.1%
Net Income	$61,571	$160,839	-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

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

$54,500

Total Directors

$54,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dinora Harris	Executive Dir.	40.00	Officer Director	$54,500	$0	$54,500
Celia Carlile	2nd VP Fundrais	2.00	Officer Director	$0	$0	$0
Joan Wortley-Hunt	President-Elect	2.00	Officer Director	$0	$0	$0
Cecilia Wood	1st VP Member	2.00	Officer Director	$0	$0	$0
Gayle Westmoreland	Secretary	2.00	Officer Director	$0	$0	$0
Amanda Wynn	Past President	2.00	Officer Director	$0	$0	$0
Jeremy Spears	Treasurer	2.00	Officer Director	$0	$0	$0
Diane Shaw	2nd VP Fundrais	2.00	Officer Director	$0	$0	$0
Orlando Valle	President	2.00	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
2025	$322,145	$260,574	$4,054,718	$61,571
2024	$388,017	$227,178	$3,586,414	$160,839
2023	$329,598	$313,382	$3,056,827	$16,216
2022	$221,571	$222,441	$3,022,302	$-870
2021	$1,192,408	$182,184	$3,083,077	$1,010,224
2020	$204,237	$176,451	$1,729,712	$27,786
2019	$382,381	$180,560	$1,770,517	$201,821
2018	$259,052	$183,081	$1,735,183	$75,971

Michelson Museum of Art