SQUAXIN ISLAND MUSEUM LIBRARY AND RESEARCH CENTER

EIN: 912054946 501(c)(3) Arts, Culture & Humanities

SHELTON, WA

Total Revenue
$776,309
Total Expenses
$769,693
Total Assets
$1,133,300
Net Assets
$1,052,917
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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
2000
Legal Domicile
WA
Principal Officer
CHARLENE KRISE
Phone
3604269781
Tax Period
2023-10-01 to 2024-09-30

SQUAXIN ISLAND MUSEUM LIBRARY AND RESEARCH CENTER, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $776K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

THE SQUAXIN ISLAND MUSEUM AND RESEARCH CENTER (MLRC) IS DEDICATED TO THE EDUCATION, PRESERVATION, STUDY AND EXHIBITION OF THE LIFE, LANGUAGES, LITERATURE, HISTORY AND TRADITIONAL SKILLS OF THE SQUAXIN ISLAND PEOPLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $737,051
Program Service Revenue $0
Investment Income $0
Other Revenue $39,258
TOTAL REVENUE $776,309

Expense Breakdown

Grants Paid $0
Salaries & Benefits $526,796
Fundraising Expenses $0
Program Expenses $668,046
Other Expenses $242,897
TOTAL EXPENSES $769,693

Year-over-Year Comparison

2023 2022 Change
Revenue $776,309 $646,418 +0.2%
Expenses $769,693 $753,929 +0.0%
Net Income $6,616 $-107,511 -1.1%
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
10
Independent Members
10
Employees
9
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
2
$164,756
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARVIN CAMPBELL PRESIDENT 1.50
Officer Director
$0 $0 $0
DALE CROES PHD BOARD MEMBER 1.00
Director
$0 $0 $0
RALPH MUNRO BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA WILBUR-SIGO BOARD MEMBER 1.00
Director
$0 $0 $0
SALLY BROWNFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE YOUNG BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE ARAZIA BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK BRAESE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID BURNETT BOARD MEMBER 1.00
Director
$0 $0 $0
RAMON NUNEZ BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLENE KRISE EXECUTIVE DIRECTOR 40.00
Officer
$146,895 $17,861 $164,756
JEREMIAH GERGE ASSISTANT DIRECTOR 40.00
Highest
$111,094 $15,899 $126,993
EMILY WHITENER ASSISTANT CURATOR 40.00
Highest
$104,163 $15,724 $119,887
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 $776,309 $769,693 $1,133,300 $6,616
2023 $646,418 $753,929 $1,143,613 $-107,511
2022 $804,923 $548,660 $1,230,480 $256,263
2021 $856,228 $477,563 $965,966 $378,665
2020 $594,878 $573,890 $680,077 $20,988
2019 $706,265 $639,144 $580,908 $67,121
2018 $773,092 $595,717 $491,415 $177,375
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