NORTHWEST CARRIAGE MUSEUM

EIN: 912027251 501(c)(3) Arts, Culture & Humanities

RAYMOND, WA

Total Revenue
$256,392
Total Expenses
$178,592
Total Assets
$922,688
Net Assets
$920,480
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
WA
Phone
3609424150
Tax Period
2025-01-01 to 2025-12-31

NORTHWEST CARRIAGE MUSEUM, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $256K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 30% operating margin.

Mission

The Northwest Carriage Museum was formed to create a regional museum with displays of antique carriages and to maintain and expand the collection of restored antique carriages. The organization will also provide interpretive information on the carriages and their role in a past era, provide interactive educational programs for students and adults and host school field trips from throughout the region.

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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 $178,458
Program Service Revenue $55,595
Investment Income $8,006
Other Revenue $14,333
TOTAL REVENUE $256,392

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,058
Fundraising Expenses $0
Program Expenses $177,327
Other Expenses $85,534
TOTAL EXPENSES $178,592

Year-over-Year Comparison

2025 2024 Change
Revenue $256,392 $179,961 +0.4%
Expenses $178,592 $138,896 +0.3%
Net Income $77,800 $41,065 +0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
6
Volunteers
10

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Halpin Board Member 1.00
Director
$0 $0 $0
Anna Golbov Board Member 40.00
Director
$0 $0 $0
DeDe Hoer Board Member 1.00
Director
$0 $0 $0
Valerie Kinney Board Member 1.00
Director
$0 $0 $0
Jerry Bowman Pres./Curator 20.00
Officer
$0 $0 $0
Laurie Bowman Treas./Director 20.00
Officer
$0 $0 $0
Don Corcoran Vice President 4.00
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 $256,392 $178,592 $922,688 $77,800
2024 $179,961 $138,896 $845,186 $41,065
2023 $175,889 $132,062 $805,200 $43,827
2022 $179,497 $126,456 $761,153 $53,041
2021 $148,466 $98,314 $707,778 $50,152
2020 $109,185 $79,227 $657,443 $29,958
2019 $113,840 $86,727 $627,162 $27,113
2018 $508,451 $62,597 $599,449 $445,854
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