THE MUSEUM OF THE HORSELESS CARRIAGE (EIN 844555680) - 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

2020

Legal Domicile

Principal Officer

PAUL JAMES SLOAN

Phone

2696715089

Tax Period

2024-01-01 to 2024-12-31

THE MUSEUM OF THE HORSELESS CARRIAGE, founded in 2020, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $56K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $89K exceeded revenue, resulting in a 58% operating deficit.

Mission

TO BUILD A MUSEUM DEDICATED TO THE BRASS ERA AUTOMOBILE (PRE 1916) AND CONDUCT EDUCATIONAL EVENTS TO PROMOTE THE SAME.

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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 $47,905

Program Service Revenue $0

Investment Income $3,385

Other Revenue $4,781

TOTAL REVENUE $56,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $63,378

Program Expenses $25,020

Other Expenses $31,833

TOTAL EXPENSES $88,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,071	$51,279	+0.1%
Expenses	$88,768	$26,004	+2.4%
Net Income	$-32,697	$25,275	-2.3%

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

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

N/A

Volunteers

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM HART	PRESIDENT	15.00	Officer Director	$0	$0	$0
CHRISTOPHER PAULSEN	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
KIM BRODHAGEN	SECRETARY	15.00	Officer Director	$0	$0	$0
PAUL JAMES SLOAN	TREASURER	15.00	Officer Director	$0	$0	$0
JAY FOLLIS	COLLECTIONS/EXHIBITS/ARTIFACTS	5.00	Officer Director	$0	$0	$0
KYLE BLAKE	TRUSTEE	5.00	Director	$0	$0	$0
JIM BLOOMSTRAND	TRUSTEE	5.00	Director	$0	$0	$0
WHITNEY HAIST	TRUSTEE	5.00	Director	$0	$0	$0
DONALD PLUMB	TRUSTEE	5.00	Director	$0	$0	$0
JAMES SKILLICORN	TRUSTEE	5.00	Director	$0	$0	$0
DAVID STEVENS	TRUSTEE	5.00	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	No data	No data	No data	No data
2024	$56,071	$88,768	$511,737	$-32,697
2023	$51,279	$26,004	$544,282	$25,275
2022	$93,179	$18,253	$519,007	$74,926
2021	$243,190	$63,021	$444,081	$180,169

THE MUSEUM OF THE HORSELESS CARRIAGE