PASADENA HISTORICAL MUSEUM INC

EIN: 956133954 501(c)(3) Arts, Culture & Humanities

PASADENA, CA

Total Revenue
$572,312
Total Expenses
$881,362
Total Assets
$5,285,118
Net Assets
$5,049,721
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1924
Legal Domicile
CA
Principal Officer
JEANNETTE O'MALLEY
Phone
6265771660
Tax Period
2023-01-01 to 2023-12-31

PASADENA HISTORICAL MUSEUM INC, founded in 1924, is a small nonprofit in the Arts, Culture & Humanities sector that reported $572K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $881K exceeded revenue, resulting in a 54% operating deficit.

Mission

PROMOTE AN APPRECIATION OF HISTORY, CULTURE AND ARTS AND SCIENCES RELEVANT TO PASADENA AND THE ADJOINING COMMUNITIES. THE MUSEUM WILL HOUSE PERMANENT ARCHIVES AND COLLECTIONS FOR RESEARCH AND EDCUATION, AND PROVIDE STIMULATING EXHIBITIONS AND PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $347,747
Program Service Revenue $26,581
Investment Income $84,932
Other Revenue $113,052
TOTAL REVENUE $572,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $426,307
Fundraising Expenses $78,586
Program Expenses $701,889
Other Expenses $455,055
TOTAL EXPENSES $881,362

Year-over-Year Comparison

2023 2022 Change
Revenue $572,312 $706,755 -0.2%
Expenses $881,362 $773,550 +0.1%
Net Income $-309,050 $-66,795 +3.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
16
Volunteers
75

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
7
$126,917
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAN J BRANIN PRESIDENT 2.00
Officer Director
$0 $0 $0
WILLIAM F KRUSE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KAREN CRAIG SECRETARY 2.00
Officer Director
$0 $0 $0
CHARLES G STANISLAWSKI TREASURER 2.00
Officer Director
$0 $0 $0
JANET KADIN VOLUNTEER COUNCIL REPRESEN 2.00
Officer Director
$0 $0 $0
JEFF J ABBOTT TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM E THOMSON PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
SALLY BIXBY TRUSTEE 1.00
Director
$0 $0 $0
LEONARDO BOLANOS TRUSTEE 1.00
Director
$0 $0 $0
JOSHUA R DRISKELL TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER LORENZEN TRUSTEE 1.00
Director
$0 $0 $0
JEANNETTE O'MALLEY EXECUTIVE DIRECTOR 40.00
Officer
$90,289 $36,628 $126,917
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 No data No data No data No data
2023 $572,312 $881,362 $5,285,118 $-309,050
2022 $706,755 $773,550 $5,192,651 $-66,795
2021 $1,084,103 $676,707 $5,950,782 $407,396
2020 $485,579 $668,493 $5,612,002 $-182,914
2019 $783,975 $992,347 $5,411,333 $-208,372
2018 $3,882,385 $845,425 $5,312,544 $3,036,960
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