CLARKE HISTORICAL MUSEUM

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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

1977

Legal Domicile

Principal Officer

BILLY HILFIKER

Phone

7074431947

Tax Period

2024-01-01 to 2024-12-31

CLARKE HISTORICAL MUSEUM, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $281K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $53K, a strong 19% operating margin.

Mission

THE ACQUISITION, PRESERVATION AND EDUCATIONAL DISPLAY OF OBJECTS RELATING TO THE HISTORY OF EUREKA AND HUMBOLDT COUNTY'S HERITAGE.

Program Service Accomplishments

Program 1

Expenses: $137,266 Revenue: $46,659

Clark Museum acquires and maintains on display for the general public an extensive collection of local historical and Native American artifacts.

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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 $46,659

Program Service Revenue $43,526

Investment Income $91,841

Other Revenue $99,380

TOTAL REVENUE $281,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,081

Fundraising Expenses $34,313

Program Expenses $137,266

Other Expenses $85,696

TOTAL EXPENSES $228,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$281,406	$298,317	-0.1%
Expenses	$228,777	$229,276	0.0%
Net Income	$52,629	$69,041	-0.2%

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
LISA SLACK	Secretary	2.00	Officer Director	$0	$0	$0
STACEY SCHAEFER	Director	2.00	Director	$0	$0	$0
GERRY HALE	Trustee	2.00	Director	$0	$0	$0
WENDY WAHLUND	Secretary	2.00	Officer Director	$0	$0	$0
CHRIS MCBETH	Director	2.00	Director	$0	$0	$0
ROY SHEPPARD	Trustee	2.00	Director	$0	$0	$0
ALAN WORKMAN	Director	2.00	Director	$0	$0	$0
LYNN STURGIS	Director	2.00	Director	$0	$0	$0
LANE STROPE	Trustee	2.00	Director	$0	$0	$0
BRUCE PETTIT	Director	2.00	Director	$0	$0	$0
NORMAN DAY	Director	2.00	Director	$0	$0	$0
LONNIE WELLMAN	Director	2.00	Director	$0	$0	$0
PAT BITTON	Vice President	2.00	Officer	$0	$0	$0
CHUCK PETTY	Treasurer	2.00	Officer	$0	$0	$0
BILLY HILFIKER	President	2.00	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	$281,406	$228,777	$1,035,911	$52,629
2023	$298,317	$229,276	$983,669	$69,041
2022	$257,307	$224,072	$921,365	$33,235
2021	$280,080	$235,945	$887,348	$44,135
2020	$134,566	$191,399	$843,455	$-56,833
2019	$277,114	$198,748	$898,944	$78,366
2018	$232,649	$237,371	$821,993	$-4,722