JACKSONVILLE AREA MUSEUM FOUNDATION

🔒

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

2021

Legal Domicile

Principal Officer

ROBERT THOMAS

Tax Period

2024-01-01 to 2024-12-31

JACKSONVILLE AREA MUSEUM FOUNDATION, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $298K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $293K, a strong 98% operating margin.

Mission

TO INSPIRE CHARITABLE GIVING TO THE MUSEUM AND ASSIST DONORS WITH PROVIDING FOR THE LONG-TERM FINANCIAL NEEDS OF THE JACKSONVILLE AREA MUSEUM BY COLLECTING, DISTRIBUTING, AND RETAINING WHEN NECESSARY FOR ENDOWMENT OF THESE ASSETS.

Program Service Accomplishments

Program 1

Expenses: $4,377 Revenue: $286,833

COLLECTION OF INITIAL DONATIONS FOR THE PURPOSE OF FORMING THE MUSEUM FOUNDATION

🔒

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 $286,833

Program Service Revenue $0

Investment Income $11,230

Other Revenue $0

TOTAL REVENUE $298,063

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,377

Other Expenses $4,947

TOTAL EXPENSES $4,947

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,063	$236,868	+0.3%
Expenses	$4,947	$4,033	+0.2%
Net Income	$293,116	$232,835	+0.3%

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	Role	Reportable Comp	Other Comp	Total
THOMAS RYDER	Vice President	Officer Director	$0	$0	$0
ROBERT THOMAS	President	Officer Director	$0	$0	$0
JANE BREEN	Secretary	Officer Director	$0	$0	$0
JOY FRENCH BECKER	Treasurer	Officer Director	$0	$0	$0
SUZANNE VERTICCHIO	Director	Director	$0	$0	$0
SHARON MATHER	Director	Director	$0	$0	$0
DAVE BLANCHETTE	Director	Director	$0	$0	$0
ALLAN WORRELL	Director	Director	$0	$0	$0
LAURA MARKS	Director	Director	$0	$0	$0
JANET CHIPMAN	Director	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	$298,063	$4,947	$740,767	$293,116
2023	$236,868	$4,033	$384,000	$232,835