ALASKA MUSEUM OF SCIENCE AND NATURE

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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

1994

Legal Domicile

Principal Officer

KRISTINE CROSSEN

Phone

9072742400

Tax Period

2024-01-01 to 2024-12-31

ALASKA MUSEUM OF SCIENCE AND NATURE, founded in 1994, is a micro nonprofit in the Youth Development sector that reported $81K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $153K exceeded revenue, resulting in a 89% operating deficit.

Mission

THE ALASKA MUSEUM OF SCIENCE AND NATURE IS DEDICATED TO THE EDUCATION AND EXPLORATION OF OUR SCIENTIFIC AND NATURAL WORLD.

Program Service Accomplishments

Program 1

Expenses: $135,153 Revenue: $51,379

PERMANENT LOCATION FOR NATURAL HISTORY COLLECTIONS AND EDUCATION PROGRAMS. COLLECT, CONSERVE, RESEARCH, INTERPRET, AND EXHIBIT ITEMS RELATED TO THE GEOLOGY, BIOLOGY, ARCHEOLOGY, PALEONTOLOGY...

PERMANENT LOCATION FOR NATURAL HISTORY COLLECTIONS AND EDUCATION PROGRAMS. COLLECT, CONSERVE, RESEARCH, INTERPRET, AND EXHIBIT ITEMS RELATED TO THE GEOLOGY, BIOLOGY, ARCHEOLOGY, PALEONTOLOGY, ECOLOGY, AND CULTURAL HISTORY. POPULATION AREA APPROXIMATELY 300,000 PEOPLE PLUS VISITORS. PROGRAMS FOR TITLE I LOW-INCOME STUDENTS, PRESCHOOLERS, AFTER SCHOOL PROGRAMS, COOPERATIVE PROGRAMS WITH LOCAL SCHOOLS AND SCIENCE TEACHERS. HANDS-ON EXPERIMENTAL LEARNING OPPORTUNITIES.

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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 $14,248

Program Service Revenue $51,379

Investment Income $4,355

Other Revenue $11,018

TOTAL REVENUE $81,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,975

Fundraising Expenses $478

Program Expenses $135,153

Other Expenses $96,423

TOTAL EXPENSES $153,398

Year-over-Year Comparison

	2024	2023	Change
Revenue	$81,000	$119,355	-0.3%
Expenses	$153,398	$119,484	+0.3%
Net Income	$-72,398	$-129	+560.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTINE CROSSEN	PRESIDENT	10.00	Officer Director	$0	$0	$0
GORDON HARPER	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
TANYA BLACK	SECRETARY	10.00	Officer Director	$0	$0	$0
VIRGINIA W MOORE	TREASURER	10.00	Officer Director	$0	$0	$0
LARA MENGAK	MEMBER AT LA	10.00	Director	$0	$0	$0
HUNTER HAYDEN	MEMBER AT LA	10.00	Director	$0	$0	$0
KEENAN BRITT	MEMBER AT LA	10.00	Director	$0	$0	$0
DEBORAH FANCHER	MEMBER AT LA	10.00	Director	$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	$81,000	$153,398	$1,530,178	$-72,398
2023	$119,355	$119,484	$1,596,070	$-129
2022	$114,669	$119,358	$1,592,627	$-4,689
2021	$92,649	$112,518	$1,608,316	$-19,869
2020	$39,417	$89,470	$1,625,421	$-50,053
2019	$63,291	$85,567	$1,669,666	$-22,276
2018	$67,116	$79,058	$1,690,354	$-11,942