FRIENDS OF THE MAJESTIC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

CAROLYN WALLACE

Phone

9703498955

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF THE MAJESTIC, founded in 2020, is a small nonprofit that reported $708K in total revenue in fiscal year 2024. Expenses of $802K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE MAJESTIC THEATRE SERVES TO ENTERTAIN, EDUCATE, AND INSPIRE THE GUNNISON VALLEY THROUGH NEW MOVIES, LOCAL FILMS, COMMUNITY EVENTS AND COLLABORATIONS. WE HARNESS THE POWER OF MOVIES TO PROVIDE AN ESCAPE OR A LEARNING EXPERIENCE FOR ALL MEMBERS OF THE GUNNISON VALLEY. BY CREATING MORE OPPORTUNITY FOR LOCAL EVENTS, THE MAJESTIC OPERATES AS AN ESSENTIAL COMMUNITY RESOURCE

Program Service Accomplishments

Program 1

Expenses: $641,286 Revenue: $676,307

THE ORGANIZATION SERVES TO ENTERTAIN, EDUCATE, AND INSPIRE THE GUNNISON VALLEY THROUGH NEW MOVIES, LOCAL FILMS, COMMUNITY EVENTS AND COLLABORATIONS

Program 2

N/A

Program 3

N/A

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $31,841

Program Service Revenue $672,399

Investment Income $3,908

Other Revenue $0

TOTAL REVENUE $708,148

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,084

Fundraising Expenses $80,162

Program Expenses $641,286

Other Expenses $569,526

TOTAL EXPENSES $801,610

Year-over-Year Comparison

	2024	2023	Change
Revenue	$708,148	$684,563	+0.0%
Expenses	$801,610	$704,627	+0.1%
Net Income	$-93,462	$-20,064	+3.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MORGAN WIENBURG	PRESIDENT	1.00	Officer Director	$0	$0	$0
MALCOLM BOYCE	BOARD MEMBER	1.00	Director	$0	$0	$0
KAITLYN ARCHAMBAULT	BOARD MEMBER	1.00	Director	$0	$0	$0
TREVOR BONA	BOARD MEMBER	1.00	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	$708,148	$801,610	$113,424	$-93,462
2023	$684,563	$704,627	$206,023	$-20,064
2022	$465,596	$291,033	$241,711	$174,563