LOS ANGELES POLICE 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

1989

Legal Domicile

Phone

3233449445

Tax Period

2024-01-01 to 2024-12-31

LOS ANGELES POLICE MUSEUM, founded in 1989, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 8% surplus.

Mission

Collect, preserve, exhibit and interpret the history of the Los Angeles Police Department.

Program Service Accomplishments

Program 1

Our mission to collect, preserve, exhibit, and interpret the history of one of the most influential police departments in the nation.

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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 $1,428,528

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,428,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $329,736

Fundraising Expenses $0

Other Expenses $986,428

TOTAL EXPENSES $1,316,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,428,528	$770,189	+0.9%
Expenses	$1,316,164	$810,891	+0.6%
Net Income	$112,364	$-40,702	-3.8%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Erica A Arias	Executive Dir.	Director	$0	$0	$0
Robert Alaniz	Chairman	Director	$0	$0	$0
Ryan Cassidy	Director	Director	$0	$0	$0
Sandra Dyson	Director	Director	$0	$0	$0
Walt Hanna	Director	Director	$0	$0	$0
Scott Lachasse	Director	Director	$0	$0	$0
Steven Margolis	Director	Director	$0	$0	$0
Craig Lally	Chairman	Director	$0	$0	$0
Nicholas Sinclair	Chairman	Director	$0	$0	$0
Randi Tahara	Director	Director	$0	$0	$0
John Thomas	Director	Director	$0	$0	$0
Ann Young	Director	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	$1,428,528	$1,316,164	$112,364	$112,364
2023	$770,189	$810,891	$1,478,152	$-40,702
2022	$736,506	$830,576	$2,200,580	$-94,070
2021	$403,369	$494,832	$2,115,309	$-91,463
2020	$120,735	$457,946	$1,708,356	$-337,211
2019	$567,393	$542,539	$2,056,857	$24,854
2018	$473,806	$548,849	$2,024,930	$-75,043