THE MITFORD MUSEUM (EIN 853156907) - 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

SARAH THOMAS

Phone

8285724898

Tax Period

2024-01-01 to 2024-12-31

THE MITFORD MUSEUM, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 547% from the prior year, signaling strong growth momentum. The organization ran a surplus of $894K, a strong 72% operating margin.

Mission

THE MUSEUM'S MISSION IS TO ADVANCE THE COMMON GOOD THROUGH LITERACY, CREATIVITY AND COMMUNITY.

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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 $1,189,618

Program Service Revenue $0

Investment Income $8,970

Other Revenue $37,145

TOTAL REVENUE $1,235,733

Expense Breakdown

Grants Paid $9,177

Salaries & Benefits $118,286

Fundraising Expenses $141,777

Program Expenses $129,255

Other Expenses $98,553

TOTAL EXPENSES $341,901

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,235,733	$191,096	+5.5%
Expenses	$341,901	$210,857	+0.6%
Net Income	$893,832	$-19,761	-46.2%

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

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

$65,320

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN EVERHARDT SMITH	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DALE HAMBY	TREASURER	2.00	Officer Director	$0	$0	$0
ANN LUCAS	SECRETARY	2.00	Officer Director	$0	$0	$0
SANDRA WILLIAMS	BOARD MEMBER	2.00	Director	$0	$0	$0
JAN KARON	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER GRAY	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK TRANSOU	BOARD MEMBER	2.00	Director	$0	$0	$0
SARAH THOMAS	EXECUTIVE DIRECTOR	40.00	Officer	$65,320	$0	$65,320

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	$1,235,733	$341,901	$1,335,875	$893,832
2023	$191,096	$210,857	$440,633	$-19,761
2022	$483,818	$215,760	$462,394	$268,058

THE MITFORD MUSEUM