LAURENS, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAURENS COUNTY MUSEUM ASSOCIATION, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $229K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Net assets of $2.0M represent 105 months of operating reserves.
THE LAURENS COUNTY MUSEUM ASSOCIATION IS MAINTAINED AND OPERATED TO PRESERVE THE HISTORY OF LAURENS COUNTY, SOUTH CAROLINA AND OPERATE A MUSEUM DEVOTED TO ACQUIRING AND EXHIBITING FOR THE PUBLIC ITEMS THAT PERTAIN TO LAURENS COUNTY'S SETTLEMENT AND DEVELOPMENT.
-ESTABLISH FOR ALL OF LAURENS COUNTY A VIABLE AND SUSTAINABLE MUSEUM THAT WILL SERVE AS A REPOSITORY FOR ARTIFACTS, DOCUMENTS, AND OTHER COLLECTIBLES THAT ARE IMPORTANT TO THE HISTORY OF LAURENS...
-ESTABLISH FOR ALL OF LAURENS COUNTY A VIABLE AND SUSTAINABLE MUSEUM THAT WILL SERVE AS A REPOSITORY FOR ARTIFACTS, DOCUMENTS, AND OTHER COLLECTIBLES THAT ARE IMPORTANT TO THE HISTORY OF LAURENS COUNTY -CREATE A FACILITY AND AN ENVIRONMENT CONDUCIVE TO RESEARCH BY VISITING SCHOLARS INTERESTED IN THE MANY VALUABLE COLLECTIONS MAINTAINED BY THE LAURENS COUNTY MUSEUM, INCLUDING THE NATIONALLY RECOGNIZED NATIVE AMERICAN COLLECTIONS ALREADY HOUSED AT THE LCMA -COLLABORATE WITH LOCAL AND REGIONAL SCHOOLS, COLLEGES, AND UNIVERSITIES TO ESTABLISH AN EDUCATIONAL RESOURCE THAT WILL ENHANCE EDUCATIONAL OPPORTUNITIES FOR ALL WHO WANT TO LEARN-FROM ELEMENTARY SCHOOL STUDENTS TO UNIVERSITY SCHOLARS -CONTRIBUTE TO THE ECONOMIC GROWTH OF THE CITY, COUNTY, AND REGION -PROVIDE AN ACCESSIBLE AND ATTRACTIVE VENUE FOR SOCIAL EVENTS, CONFERENCES, SEMINARS, AND OTHER ACTIVITIES THROUGH THE WITHERSPOON BUILDING, THE NEW HEADQUARTERS FOR THE LAURENS COUNTY MUSEUM
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $228,620 | $252,074 | -0.1% |
| Expenses | $248,764 | $265,501 | -0.1% |
| Net Income | $-20,144 | $-13,427 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAURA CLIFFORD COOK | MUSEUM DIREC | 40.00 |
Officer
|
$10,000 | $0 | $10,000 |
| SARAH JANE ARMSTRONG | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| CASSANDRA CAMPBELL | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| BOOKER INGRAM | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ROBERT LINK | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| EDNA MCCARTER | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELMA MORRISON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| TERESA NOBLE | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHARLOTTE SLICE | VICE PRESIDE | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBBIE VAUGHN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| BETTY ANN WALSH | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $228,620 | $248,764 | $2,013,218 | $-20,144 |
| 2022 | $252,074 | $265,501 | $2,029,981 | $-13,427 |
| 2021 | $345,580 | $227,592 | $2,046,299 | $117,988 |
| 2020 | $103,167 | $174,190 | $1,922,555 | $-71,023 |
| 2019 | $1,210,217 | $88,638 | $1,985,815 | $1,121,579 |
Compare LAURENS COUNTY MUSEUM ASSOCIATION with other nonprofits in South Carolina and across the country.