Fred Oldfield Western Heritage & Art Center (EIN 912154745) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Fred Oldfield Western Heritage & Art Center, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $202K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $231K exceeded revenue, resulting in a 14% operating deficit.

Mission

To conduct art classes and host cultural events for the community and maintain a Western Art Museum celebrating the Old West

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $40,909

Program Service Revenue $161,471

Investment Income $0

Other Revenue $0

TOTAL REVENUE $202,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,500

Fundraising Expenses $0

Program Expenses $212,673

Other Expenses $156,885

TOTAL EXPENSES $231,385

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,380	$239,148	-0.2%
Expenses	$231,385	$229,852	+0.0%
Net Income	$-29,005	$9,296	-4.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

128

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

$19,135

Total Directors

$74,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karrie Morrison	Executive Director	40.00	Director	$50,500	$0	$50,500
Joella Oldfield	Assistant Director	20.00	Director	$24,000	$0	$24,000
Sophie Nevin	School Administrator Grant W	20.00	Officer	$19,135	$0	$19,135
Jeannie Johnson	Treasurer	1.00	Officer	$0	$0	$0
Kate McKee	Chairperson	1.00	Officer	$0	$0	$0
Doreen Johnson	Secretary	1.00	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
2024	No data	No data	No data	No data
2023	$202,380	$231,385	$209,700	$-29,005
2022	$239,148	$229,852	$238,705	$9,296
2021	$192,527	$129,160	$229,409	$63,367
2020	$125,954	$112,581	$166,042	$13,373
2019	$214,957	$221,006	$152,669	$-6,049
2018	$251,834	$242,709	$158,718	$9,125

Fred Oldfield Western Heritage & Art Center