Yakima Valley Museum & Historical Assoc

Nonprofit profile at a glance

EIN
910828572
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Yakima, WA, USA
Phone
5092480747
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
History Museums

Official website

Reported finances

Revenue
$1,179,905
Expenses
$1,379,835
Assets
$10,866,170
Liabilities
$119,342

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • CRAGG GILBERT (PRESIDENT)
  • BERTHA ORTEGA (VICE PRESIDENT)
  • NANCY KENMOTSU (PAST President)

Highest reported compensation

  • Elizabeth Hobson (Executive Dir.): $97,993 total reported compensation
  • PETER ARNOLD (Ex Officio): $22,660 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Yakima Valley Museum preserves the rich history and unique culture of the Yakima Valley and makes history accessible to all audiences through operations of the museum, collecting and stewarding artifacts, presenting exhibits and public programs, and providing educational opportunities that reflect all members of the community. The Museum attracts visitors locally and those traveling through the region and serves students from around the Yakima Valley in different grade levels with engaging educational opportunities. The Yakima Valley Museum also continues the legacy of Justice William O. Douglas through public programs and exhibitions.

What it reported doing in 2024

The Yakima Valley Museum is a regional history museum that tells the stories of the Central Washington region through robust permanent and special exhibitions that showcase artifacts to educate audiences about our past, presentation of public programs related to regional history and culture, and collection and preservation of the Yakima Valley's material culture.

Operating model

Revenue model
Donor-supported. 61% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.4%; rating input score 52
  • Program expense ratio: 32.2%; rating input score 32
  • Fundraising efficiency: $15.65 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.9%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 7.87; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 8.7%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 1.4% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • Where the money goes: 52.4% of revenue deployed · 32.2% of spending went to programs
  • Governance: 24 of 24 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $444K in reported program spending
  • Leadership: top reported pay $98K · 26 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 32/100.
  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Sustainability: Operating margin scored 11/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.