MUSEUMS MOVING FORWARD INC

EIN: 933237098 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$407,680
Total Expenses
$304,128
Total Assets
$136,880
Net Assets
$133,552
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Principal Officer
VANESSA MIA LOCKS
Phone
8778295500
Tax Period
2024-01-01 to 2024-12-31

MUSEUMS MOVING FORWARD INC, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $408K in total revenue in fiscal year 2024. The organization ran a surplus of $104K, a strong 25% operating margin.

Mission

MMF IS AN INDEPENDENT, LIMITED-LIFE ORGANIZATION DEVOTED TO ENVISIONING AND CREATING A MORE JUST MUSEUM SECTOR BY 2030. TOGETHER WITH A DIVERSE NETWORK OF MUSEUMS, CULTURAL WORKERS, AND PHILANTHROPISTS ACROSS THE US, MMF DRIVES URGENT CONVERSATIONS ABOUT THE MOST EFFECTIVE WAYS TO MAKE AND MEASURE REAL CHANGE INSIDE MUSEUM WORKPLACES. THROUGH DATA, DISCOURSE, AND EMPOWERMENT, MMF IS COMMITTED TO THE EVOLUTION OF MUSEUMS TOWARD EQUITY BY IMPROVING THE WORKING CONDITIONS AND LIVES OF CULTURAL WORKERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $407,680
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $407,680

Expense Breakdown

Grants Paid $0
Salaries & Benefits $151,641
Fundraising Expenses $75,342
Program Expenses $150,724
Other Expenses $152,487
TOTAL EXPENSES $304,128

Year-over-Year Comparison

2024 2023 Change
Revenue $407,680 N/A N/A
Expenses $304,128 N/A N/A
Net Income $103,552 N/A N/A
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
2
Employees
2
Volunteers
N/A

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
$76,217
Total Directors
10
$81,217
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VANESSA MIA LOCKS DIRECTOR & P 40.00
Officer Director
$75,217 $0 $75,217
MAKEDA BEST TREASURER 1.00
Officer Director
$1,000 $0 $1,000
CONNIE BUTLER BOARD MEMBER 1.00
Director
$1,000 $0 $1,000
RUJEKO HOCKLEY BOARD MEMBER 1.00
Director
$1,000 $0 $1,000
NAIMA KEITH BOARD MEMBER 1.00
Director
$1,000 $0 $1,000
CHRISTINE Y KIM BOARD MEMBER 1.00
Director
$1,000 $0 $1,000
MATTHEW VILLAR MIRANDA SECRETARY 1.00
Director
$1,000 $0 $1,000
DANIELLE BIAS BOARD MEMBER 1.00
Director
$0 $0 $0
ALANA HERNANDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
NISA MACKIE BOARD MEMBER 1.00
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 $407,680 $304,128 $136,880 $103,552
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