VINTAGE PURSE MUSEUM NFP

EIN: 882909305 501(c)(3) Arts, Culture & Humanities

Kankakee, IL

Total Revenue
$202,192
Total Expenses
$171,723
Total Assets
$23,611
Net Assets
$23,611
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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
2022
Legal Domicile
IL
Principal Officer
Kimberly Crothers
Phone
7795295022
Tax Period
2025-01-01 to 2025-12-31

VINTAGE PURSE MUSEUM NFP, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $202K in total revenue in fiscal year 2025. The organization ran a surplus of $30K, a strong 15% operating margin.

Mission

To run a vintage purse museum doing work development for people with disabilities improving their quality of life with creativity and togetherness.

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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 (2025)

Revenue Breakdown

Contributions & Grants $202,192
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $202,192

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $171,723
Other Expenses $171,723
TOTAL EXPENSES $171,723

Year-over-Year Comparison

2025 2024 Change
Revenue $202,192 $202,999 0.0%
Expenses $171,723 $169,423 +0.0%
Net Income $30,469 $33,576 -0.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
25

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kimberly Crothers President 50
Officer
$0 $0 $0
Anthony Caputo Vice President 24
Officer
$0 $0 $0
Donna Remillard Secretary 2
Officer
$0 $0 $0
Pat Hoffman Treasurer 10
Officer
$0 $0 $0
Mike OBrien Board Member 1
Officer
$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 $202,192 $171,723 $23,611 $30,469
2024 $178,676 $123,644 $431,896 $55,032
2023 $343,940 $39,646 $304,294 $304,294
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