COLUMBIA GORGE INTERPRETIVE CENTER

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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

1988

Legal Domicile

Principal Officer

LOUISE PALERMO

Phone

5094278211

Tax Period

2024-01-01 to 2024-12-31

COLUMBIA GORGE INTERPRETIVE CENTER, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $536K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $721K exceeded revenue, resulting in a 35% operating deficit.

Mission

AS A MUSEUM, THE COLUMBIA GORGE MUSEUM CAREFULLY COLLECTS, PRESERVES, STORES, AND EXHIBITS THE OBJECTS REFLECTING THE GENERATIONS OF HISTORICAL DATA, INFORMATION, AND OBJECTS FOR THE EDIFICATION OF OUR VISITORS.

Program Service Accomplishments

Program 1

Expenses: $438,872 Revenue: $190,958

THE ORGANIZATION ACQUIRES, CONSERVES, PROTECTS, AND PRESERVES ITEMS OF HISTORICAL SIGNIFICANCE TO THE COLUMBIA RIVER GORGE AND THE PACIFIC NORTHWEST.

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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 $356,533

Program Service Revenue $79,119

Investment Income $5,545

Other Revenue $94,362

TOTAL REVENUE $535,559

Expense Breakdown

Grants Paid $0

Salaries & Benefits $256,136

Fundraising Expenses $40,068

Program Expenses $438,872

Other Expenses $465,310

TOTAL EXPENSES $721,446

Year-over-Year Comparison

	2024	2023	Change
Revenue	$535,559	$491,960	+0.1%
Expenses	$721,446	$763,740	-0.1%
Net Income	$-185,887	$-271,780	-0.3%

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

$60,583

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK MCCORMICK	PRESIDENT	2.00	Officer Director	$0	$0	$0
APRIL GILBERT	SECRETARY	1.00	Officer Director	$0	$0	$0
TED SALKA	BOARD MEMBER	1.00	Director	$0	$0	$0
BARBARA PERRY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY SALKA	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG SPRANGER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE SCHMIER	BOARD MEMBER	1.00	Director	$0	$0	$0
ADRIAN CANTRON ZIEGLER	BOARD MEMBER	1.00	Director	$0	$0	$0
LOUISE PALERMO	EXECUTIVE DIRECTOR	40.00	Officer	$60,583	$0	$60,583

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	No data	No data	No data	No data
2024	$535,559	$721,446	$1,705,330	$-185,887
2023	$491,960	$763,740	$1,878,062	$-271,780
2022	$441,060	$660,369	$2,142,449	$-219,309
2021	$339,061	$599,635	$2,351,160	$-260,574
2020	$261,844	$542,815	$2,609,980	$-280,971
2019	$377,646	$641,002	$2,875,713	$-263,356
2018	$376,652	$635,894	$3,138,423	$-259,242