PETRIFIED FOREST MUSEUM ASSOCIATION INC

EIN: 860188821 501(c)(3) Recreation & Sports

PETRIFIED FOREST, AZ

Total Revenue
$962,639
Total Expenses
$668,269
Total Assets
$1,701,548
Net Assets
$1,669,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
AZ
Principal Officer
TARA YOUNG
Phone
9285246228
Tax Period
2024-01-01 to 2024-12-31

PETRIFIED FOREST MUSEUM ASSOCIATION INC, founded in 1966, is a small nonprofit in the Recreation & Sports sector that reported $963K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $294K, a strong 31% operating margin.

Mission

THE MISSION OF THE PETRIFIED FOREST MUSEUM ASSOCIATION IS TO SUPPORT THE VISITOR SERVICES, RESEARCH, EDUCATION, OUTREACH, AND PRESERVATION EFFORTS OF OUR PARTNER, PETRIFIED FOREST NATIONAL PARK, THROUGH SALES OF EDUCATIONAL PRODUCTS IN OUR VISITOR CENTER STORES, ONLINE WEBSITE AND THROUGH THE ACTIVITIES OF THE PETRIFIED FOREST FIELD INSTITUTE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,858
Program Service Revenue $0
Investment Income $1,266
Other Revenue $952,515
TOTAL REVENUE $962,639

Expense Breakdown

Grants Paid $70,463
Salaries & Benefits $477,821
Fundraising Expenses $0
Program Expenses $586,197
Other Expenses $119,985
TOTAL EXPENSES $668,269

Year-over-Year Comparison

2024 2023 Change
Revenue $962,639 $859,218 +0.1%
Expenses $668,269 $554,249 +0.2%
Net Income $294,370 $304,969 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
22
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
1
$66,805
Total Directors
9
$66,805
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TARA YOUNG EXECUTIVE DIRECTOR 40.00
Officer Director
$66,805 $0 $66,805
DEAN POWELL SECRETARY/TREASURER 1.00
Director
$0 $0 $0
BILL JEFFERS JR BOARD MEMBER 1.00
Director
$0 $0 $0
MICHALA REUCHEL BOARD MEMBER 1.00
Director
$0 $0 $0
RICKEY JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA LOPEZ CHAIR 1.00
Director
$0 $0 $0
COLLEEN MARSH VICE-CHAIR 1.00
Director
$0 $0 $0
PAT NICHOLS BOARD MEMBER 1.00
Director
$0 $0 $0
DAN CARROLL 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
2024 $962,639 $668,269 $1,701,548 $294,370
2023 $859,218 $554,249 $1,411,442 $304,969
2022 $780,035 $530,793 $1,109,756 $249,242
2021 $835,825 $479,582 $934,373 $356,243
2020 $377,865 $331,666 $540,552 $46,199
2019 $509,838 $450,748 $496,103 $59,090
2018 $496,653 $479,359 $440,176 $17,294
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