SPOKANE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHWEST MUSEUM OF ARTS & CULTURE FOUNDATION, founded in 1984, is a small nonprofit that reported $328K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $853K exceeded revenue, resulting in a 160% operating deficit.
THE MISSION OF THE NORTHWEST MUSEUM OF ARTS & CULTURE FOUNDATION IS TO FINANCIALLY SUPPORT THE EASTERN WASHINGTON STATE HISTORICAL SOCIETY DBA NORTHWEST MUSEUM OF ARTS & CULTURE AS IT ACTIVELY ENGAGES ALL PEOPLE IN APPRECIATION OF ARTS AND CULTURE THROUGH COLLECTIONS, STEWARDSHIP, EXHIBITS, AND PROGRAMS THAT EDUCATE AND ENTERTAIN.
TO PROVIDE OPERATING AND PROGRAM SUPPORT FOR THE EASTERN WASHINGTON STATE HISTORICAL SOCIETY DBA NORTHWEST MUSEUM OF ARTS & CULTURE, FORMERLY KNOWN AS THE CHENEY COWLES MUSEUM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $328,416 | $1,049,185 | -0.7% |
| Expenses | $853,136 | $428,584 | +1.0% |
| Net Income | $-524,720 | $620,601 | -1.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MIKE ORMSBY | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAUREEN GREEN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| PETER SANBURN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT LAPLANT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GREER BACON | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL FLANNERY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA WEAVER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PATTY DICKER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $328,416 | $853,136 | $13,288,841 | $-524,720 |
| 2024 | $1,049,185 | $428,584 | $12,722,316 | $620,601 |
| 2023 | $305,324 | $316,306 | $11,034,584 | $-10,982 |
| 2022 | $826,105 | $299,506 | $10,671,330 | $526,599 |
| 2021 | $533,848 | $433,949 | $12,352,900 | $99,899 |
| 2020 | $2,749,602 | $339,871 | $9,919,413 | $2,409,731 |
| 2019 | $1,076,944 | $377,144 | $6,802,740 | $699,800 |
| 2018 | $1,113,292 | $1,447,238 | $6,735,136 | $-333,946 |
Compare NORTHWEST MUSEUM OF ARTS & CULTURE FOUNDATION with other nonprofits in Washington and across the country.