Spark Museum of Electrical Invention (EIN 911898141) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

John Jenkins

Phone

3607383886

Tax Period

2024-01-01 to 2024-12-31

Spark Museum of Electrical Invention, founded in 1985, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 789% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 90% operating margin.

Mission

Interactive museum illustrating the development and use of electricity, radio and other inventions.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,768,798

Program Service Revenue $195,809

Investment Income $0

Other Revenue $3,879

TOTAL REVENUE $2,968,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $142,712

Fundraising Expenses $31,178

Program Expenses $169,119

Other Expenses $156,743

TOTAL EXPENSES $299,455

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,968,486	$333,956	+7.9%
Expenses	$299,455	$257,880	+0.2%
Net Income	$2,669,031	$76,076	+34.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$38,649

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Jenkins	Board Chair	8.00	Officer Director	$0	$0	$0
Deborah Hanuscin	Secretary	2.00	Officer Director	$0	$0	$0
Geoff Vogel	Board Member	1.00	Director	$0	$0	$0
Annette Bagely	Board Member	1.00	Director	$0	$0	$0
Catherine Clark	Board Member	1.00	Director	$0	$0	$0
Mark Chestnut	Board Member	1.00	Director	$0	$0	$0
Patricia McDonnell	Board Member	3.00	Director	$0	$0	$0
Peter Frazier	Board Member	1.00	Director	$0	$0	$0
Abby Whatley	Director of Programs	40.00	Officer	$38,649	$0	$38,649

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	$2,968,486	$299,455	$2,927,386	$2,669,031
2023	$333,956	$257,880	$253,293	$76,076
2022	$331,337	$247,062	$181,153	$84,275
2021	$138,789	$177,306	$129,463	$-38,517
2020	$120,849	$172,954	$153,710	$-52,105
2019	$230,367	$187,861	$190,291	$42,506
2018	$217,359	$225,957	$144,671	$-8,598

Spark Museum of Electrical Invention