Memorial Hall Cultural & Arts Center Inc

Nonprofit profile at a glance

EIN
881687358
IRS 990-EZ coverage
2022–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Gloversville, NY, USA
Phone
5183862910
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Museum, Museum Activities

Reported finances

Revenue
$86,404
Expenses
$26,885
Assets
$463,711

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JAMES MEINHOLD (PRESIDENT)

People named in this filing

  • JAMES MEINHOLD (PRESIDENT)
  • GEORGE DOURDOUNAS (VICE PRESIDE)
  • RONALD ZIMMERMAN (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Renovation of space in organization's facilities and for the creation of a museum dedicated to the leather and glove making industries in the city of gloversville, New York

What it reported doing in 2025

Creation of a museum to provide a cultural and educational experience for the citizens of gloversville, New York, and surrounding area

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.2%; rating input score 29
  • Program expense ratio: 93.7%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 68.9%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 17.25; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 44.8% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 77.6% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 29.2% of revenue deployed · 93.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $25K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.