WASHAKIE MUSEUM

EIN: 830274740 501(c)(3) Arts, Culture & Humanities

WORLAND, WY

Total Revenue
$600,877
Total Expenses
$914,965
Total Assets
$8,570,784
Net Assets
$8,470,798
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
WY
Principal Officer
MARIAN BENDER
Phone
3073474102
Tax Period
2024-01-01 to 2024-12-31

WASHAKIE MUSEUM, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $601K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $915K exceeded revenue, resulting in a 52% operating deficit.

Mission

THE WASHAKIE MUSEUM IS A COMMUNITY ARTS AND CULTURAL CENTER AND HISTORY MUSEUM FOR THE PRESERVATION, EDUCATION, CULTURAL ENRICHMENT, AND DEVELOPMENT OF THE BIG HORN BASIN IN WYOMING

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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 $481,036
Program Service Revenue $0
Investment Income $20,054
Other Revenue $99,787
TOTAL REVENUE $600,877

Expense Breakdown

Grants Paid $0
Salaries & Benefits $378,553
Fundraising Expenses $32,935
Program Expenses $791,591
Other Expenses $536,412
TOTAL EXPENSES $914,965

Year-over-Year Comparison

2024 2023 Change
Revenue $600,877 $639,619 -0.1%
Expenses $914,965 $874,967 +0.0%
Net Income $-314,088 $-235,348 +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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Governance

Voting Members
12
Independent Members
12
Employees
12
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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLIE BASSE VICE PRESIDE N/A
Director
$0 $0 $0
MARIAN BENDER DIRECTOR N/A
Director
$0 $0 $0
JANET BENSON TREASURER N/A
Director
$0 $0 $0
BARBARA BERRYMAN COLLECTIONS N/A
Director
$0 $0 $0
CHARLES CAUFFMAN BOARD MEMBER N/A
Director
$0 $0 $0
RICK DORN BOARD MEMBER N/A
Director
$0 $0 $0
LAURA MCDONALD BOARD MEMBER N/A
Director
$0 $0 $0
JIM NELSON BOARD MEMBER N/A
Director
$0 $0 $0
STEVE RADABAUGH SECRETARY N/A
Director
$0 $0 $0
KENT RICHINS BOARD MEMBER N/A
Director
$0 $0 $0
MARGARET SHAW PRESIDENT N/A
Director
$0 $0 $0
GEORGE SHEAFF BOARD MEMBER N/A
Director
$0 $0 $0
CHUCK SMITH BOARD MEMBER N/A
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
2024 $600,877 $914,965 $8,570,784 $-314,088
2024 $600,877 $914,965 $8,570,784 $-314,088
2023 $639,619 $874,967 $8,778,640 $-235,348
2022 $596,301 $931,659 $8,983,212 $-335,358
2021 $628,000 $846,841 $9,403,370 $-218,841
2020 $660,621 $860,029 $9,575,941 $-199,408
2019 $513,228 $931,317 $9,742,816 $-418,089
2018 $548,996 $890,841 $10,130,717 $-341,845
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