WHEELS O' TIME MUSEUM (EIN 815145833) - 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

2017

Legal Domicile

Principal Officer

BILL TRENT

Phone

3092439020

Tax Period

2024-01-01 to 2024-12-31

WHEELS O' TIME MUSEUM, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $375K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $112K, a strong 30% operating margin.

Mission

We are here to entertain and educate. Our mission is to provide a facility where folks of all ages can see and hear and sometimes touch, items representing transportation, industry, farm and home life, as well as entertainment, from times past, mostly in the central Illinois area. We have a multitude of exhibits, many interactive, showing life principally in the twentieth century.

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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 $244,042

Program Service Revenue $69,712

Investment Income $30,872

Other Revenue $30,411

TOTAL REVENUE $375,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,527

Fundraising Expenses $27,876

Program Expenses $178,467

Other Expenses $172,684

TOTAL EXPENSES $263,211

Year-over-Year Comparison

	2024	2023	Change
Revenue	$375,037	$400,880	-0.1%
Expenses	$263,211	$288,645	-0.1%
Net Income	$111,826	$112,235	0.0%

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

107

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

$49,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMDALL JOHN	PRESIDENT	2.00	Officer Director	$0	$0	$0
BALDWIN MERCE	SECRETARY	4.00	Officer Director	$0	$0	$0
CARROTHERS MICHELLE	TREASURER	2.00	Officer Director	$0	$0	$0
TRENT WILLIAM B	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
ALEXANDER RONALD	DIRECTOR	2.00	Director	$0	$0	$0
BALDWIN JAMES	DIRECTOR	4.00	Director	$0	$0	$0
BUTTE JOHN	DIRECTOR	2.00	Director	$0	$0	$0
DOWD PATRICK	DIRECTOR	2.00	Director	$0	$0	$0
GIFFIN DAVID	DIRECTOR	4.00	Director	$0	$0	$0
JOHNSON MARCIA	DIRECTOR	4.00	Director	$0	$0	$0
JOHNSON MARK	DIRECTOR	2.00	Director	$0	$0	$0
KEYES LAURA	DIRECTOR	2.00	Director	$0	$0	$0
REISDORF PAUL	DIRECTOR	4.00	Director	$0	$0	$0
RICE ROBERTA	DIRECTOR	4.00	Director	$0	$0	$0
ROLAND FREDRIC	DIRECTOR	4.00	Director	$0	$0	$0
SISK SAM	DIRECTOR	2.00	Director	$0	$0	$0
TIBBITS CORY	DIRECTOR	2.00	Director	$0	$0	$0
KIDDER JAMES	DIRECTOR	2.00	Director	$0	$0	$0
NELSON DAVID	DIRECTOR	4.00	Director	$0	$0	$0
EVANCHO LAURA	EXECUTIVE DIRECTOR	40.00	Key Emp	$49,500	$0	$49,500

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	$375,037	$263,211	$1,980,000	$111,826
2023	$400,880	$288,645	$1,845,455	$112,235
2022	$520,118	$237,956	$1,723,888	$282,162
2021	$432,662	$184,418	$1,452,001	$248,244
2020	$834,966	$140,500	$1,207,676	$694,466
2019	$274,400	$207,800	$1,045,655	$66,600
2018	$178,916	$72,652	$979,055	$106,264

WHEELS O' TIME MUSEUM