THE HEARD MUSEUM (EIN 860107517) - Form 990 Financial Analysis & Trantor Score

🔒

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

1929

Legal Domicile

Principal Officer

DAVID ROCHE

Phone

6022528840

Tax Period

2024-10-01 to 2025-09-30

THE HEARD MUSEUM, founded in 1929, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $23.2M in total revenue in fiscal year 2024. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.2M, a strong 40% operating margin.

Mission

THE HEARD MUSEUM CONNECTS INDIGENOUS CREATIVITY TO THE WORLD BY PRESENTING (CONT'D ON SCH O) THE VOICE AND VISION OF AMERICAN INDIAN ARTISTS.

🔒

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 $18,166,069

Program Service Revenue $2,721,375

Investment Income $779,085

Other Revenue $1,582,553

TOTAL REVENUE $23,249,082

Expense Breakdown

Grants Paid $6,750

Salaries & Benefits $7,021,995

Fundraising Expenses $1,568,325

Program Expenses $9,726,696

Other Expenses $7,033,578

TOTAL EXPENSES $14,062,323

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,249,082	$10,668,248	+1.2%
Expenses	$14,062,323	$13,280,151	+0.1%
Net Income	$9,186,759	$-2,611,903	-4.5%

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

130

Volunteers

400

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

$649,110

Total Directors

Key Employees

$523,269

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN COGGINS	CHAIR	4.00	Officer Director	$0	$0	$0
KAREN ABRAHAM	VICE CHAIR	4.00	Officer Director	$0	$0	$0
SCOTT MONTGOMERY	TREASURER	4.00	Officer Director	$0	$0	$0
GINGER SYKES TORRES	SECRETARY	4.00	Officer Director	$0	$0	$0
ADRIAN COHEN	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTY VEZOLLES	TRUSTEE	1.00	Director	$0	$0	$0
CRAIG COHEN MD	TRUSTEE	1.00	Director	$0	$0	$0
FRANK WALTER III	TRUSTEE	1.00	Director	$0	$0	$0
GREGORY BOYCE	TRUSTEE	1.00	Director	$0	$0	$0
JANIS LYON	TRUSTEE	1.00	Director	$0	$0	$0
JERI BEN-HORIN	TRUSTEE	1.00	Director	$0	$0	$0
JOE GYSEL	TRUSTEE	1.00	Director	$0	$0	$0
JOHN FURTH	TRUSTEE (THRU 10/24)	1.00	Director	$0	$0	$0
JOHN GRAHAM	TRUSTEE	1.00	Director	$0	$0	$0
JOHN LOMAX	TRUSTEE	1.00	Director	$0	$0	$0
JOHN LUCAS	TRUSTEE	1.00	Director	$0	$0	$0
JUDY DWORKIN	TRUSTEE	1.00	Director	$0	$0	$0
MARIGOLD LINTON	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW BOLAND	TRUSTEE	1.00	Director	$0	$0	$0
NADINE BASHA	TRUSTEE	1.00	Director	$0	$0	$0
PAIGE ROTHERMEL	TRUSTEE	1.00	Director	$0	$0	$0
SHELLEY MOWRY	TRUSTEE	1.00	Director	$0	$0	$0
SHARRON LEWIS	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN ESCO CHANDLER	TRUSTEE	1.00	Director	$0	$0	$0
TONY ASTORGA	TRUSTEE	1.00	Director	$0	$0	$0
TRUDY WIESENBERGER	TRUSTEE	1.00	Director	$0	$0	$0
VIRGINIA FURTH WEISMAN	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM HOWARD	TRUSTEE	1.00	Director	$0	$0	$0
DAVID ROCHE	DIRECTOR AND CEO	40.00	Officer	$415,011	$8,227	$423,238
ROBIN KLUNG	CFO	40.00	Officer	$195,316	$30,556	$225,872
JOHN BULLA	COO/DEPUTY DIRECTOR	40.00	Key Emp	$271,419	$11,948	$283,367
DANIEL HAGERTY - CHIEF	ENGAGEMENT/ADVANCEMENT OFFICER	40.00	Key Emp	$215,270	$24,632	$239,902
SEAN OMELAS	DIRECTOR OF MARKETING	40.00	Highest	$118,897	$15,762	$134,659
DIANA PARDUE	CHIEF CURATOR	40.00	Highest	$110,248	$10,474	$120,722
KELLY GOULD	DIRECTOR OF RETAIL OPERATIONS	40.00	Highest	$102,075	$6,216	$108,291

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	$23,249,082	$14,062,323	$42,613,367	$9,186,759
2024	$10,668,248	$13,280,151	$34,467,652	$-2,611,903
2023	$10,832,510	$12,686,213	$33,188,099	$-1,853,703
2022	$11,626,124	$10,802,443	$34,512,085	$823,681
2021	$14,120,125	$7,875,719	$36,442,009	$6,244,406
2020	$9,995,945	$8,981,374	$26,854,068	$1,014,571
2019	$9,035,881	$10,648,943	$26,686,923	$-1,613,062
2018	$7,984,130	$9,267,544	$27,598,376	$-1,283,414

THE HEARD MUSEUM