Seventh Regiment Armory Conservancy Inc
85% goes to programs $23 to raise $100 Strong reserves
Seventh Regiment Armory Conservancy Inc is a 501(c)(3) organization based in New York, New York, registered in 2000, with $28,748,363 in FY2024 revenue. CharityIndex grades it B+, and it directs about 85% of spending to programs.
643 Park Avenue 3rd Floor, New York, NY, 10065 EIN 13-4086800 Since 2000
Revenue (FY2024)
$28.7M
▲ 24.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$33.4M
Net assets
$264.0M
Employees
358
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating85% to programs · $23 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Seventh Regiment Armory Conservancy Inc: 85% to programs · $23 to raise $100 earns a B+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating95 mo reserves · -16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Seventh Regiment Armory Conservancy Inc: 95 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Seventh Regiment Armory Conservancy Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Seventh Regiment Armory Conservancy Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To restore, renovate and revitalize the historic park avenue armory a contemporary arts institution.
Contact & location
- Address
- 643 Park Avenue 3rd Floor, New York, NY, 10065
- City
- New York
- State
- New York
- Category
- Arts, Culture & Humanities
- Subcategory
- Historical Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $19.8M (FY2013) to $28.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.3MNet assets $264.0M
Operating margin
-16.3%
Spent more than it raised in the latest fiscal year.
Total assets
$268.3M
Total liabilities
$4.3M
Net assets
$264.0M
Salaries & benefits
$10.3M
31% of expenses
Board members
28
27 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $28,748,363▲24.9% | $33,427,478▼4.9% | $264,032,707▼1.1% | $268,295,225▼1.3% | 990 |
| 2023 | $23,012,613▼10.7% | $35,131,903▼11.9% | $267,053,112▼2.2% | $271,905,924▼1.9% | 990 |
| 2022 | $25,775,418▼0.3% | $39,873,994▲43.7% | $273,092,874▼9.0% | $277,122,381▼9.5% | 990 |
| 2021 | $25,857,761▲11.0% | $27,743,098▲20.7% | $299,939,601▲43.3% | $306,083,724▲44.9% | 990 |
| 2020 | $23,303,674▼18.0% | $22,992,650▼27.0% | $209,317,389▲2.8% | $211,213,544▲0.6% | 990 |
| 2019 | $28,417,807▼12.9% | $31,493,035▲10.9% | $203,527,268▲2.4% | $209,910,595▲1.6% | 990 |
| 2018 | $32,626,047▲48.8% | $28,393,426▲9.5% | $198,760,632▼2.7% | $206,531,700▼1.6% | 990 |
| 2017 | $21,924,885▲30.0% | $25,931,022▲17.5% | $204,227,214▲1.5% | $209,930,595▲1.7% | 990 |
| 2016 | $16,866,132▼78.6% | $22,060,186▲16.5% | $201,287,773▼1.1% | $206,359,708▼1.2% | 990 |
| 2015 | $78,646,857▲113% | $18,940,782▼5.4% | $203,590,134▲41.5% | $208,958,921▲40.8% | 990 |
| 2014 | $36,908,515▲86.1% | $20,013,276▲7.2% | $143,884,059▲13.3% | $148,429,026▲10.3% | 990 |
| 2013 | $19,834,604 | $18,669,589▲94.5% | $126,988,820▲1.1% | $134,582,049▲3.1% | 990 |
| 2012 | — | $9,596,671▲7.8% | $125,649,805▲1.1% | $130,510,433▲2.0% | 990 |
| 2011 | — | $8,904,660▲12.7% | $124,282,456▲32.1% | $127,997,972▲30.8% | 990 |
| 2010 | — | $7,901,645 | $94,081,343 | $97,822,084 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Rebecca Robertson — $605,503 (1.81% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rebecca Robertson | President/director | 50 | $605,503 |
| Michael Lonergan | Chief Artistic Producer | 50 | $317,045 |
| Patrick Galvin | Chief Development Officer | 50 | $266,568 |
| Paul King | Director of Production | 50 | $265,661 |
| Judith Rubin | Chief Financial Officer | 50 | $239,652 |
| Thomas Trayer | Director of Marketing | 50 | $201,541 |
| Oku Okoko | Director of Info. Technology | 50 | $184,297 |
| Karen Quigley | Vp, Capital Proj & Facilities | 50 | $180,704 |
| Marc Von Braunsberg | Dir. of Operations & Security | 50 | $179,144 |
| Cassidy Jones | Chief Education Officer | 40 | $172,359 |
| Claire Marberg | Production Manager | 40 | $153,620 |
| Abigail Baratta | Director | 1 | — |
| Adam R Flatto | Co-chair | 1 | — |
| Amanda Jt Riegel | Co-chair | 1 | — |
| Bg Edward Gklein Nyngret | Director | 1 | — |
| Branden Jacobs-jenkins | Director | 1 | — |
| Cora Cahan | Director | 1 | — |
| Dabie Tsai | Director (as of 2/16/24) | 1 | — |
| David Fox | Vice President | 1 | — |
| Dr Joyce F Brown | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Allied Universal Security Services | Security Service | $530,070 |
| Premier Stagehands Ny Inc | Stage & Seating | $382,168 |
| Adage Technologies Inc | Website Design | $342,549 |
| Mind the Gap Inc | Cptr. & Elec. Svcs | $325,588 |
| Platt Byard Dovell White Architect | Architectural Svcs | $312,001 |
Grants received · $12.9M total
66 grants to Seventh Regiment Armory Conservancy Inc totaling $12.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $359,000 |
| The New York Community Trust | For general support. | 2024 | $10,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $400,650 |
| The Bessemer Giving Fund | General operating support | 2023 | $325,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $318,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $164,894 |
| National Philanthropic Tr | Education | 2023 | $138,500 |
| The Miami Foundation Inc | Program support | 2023 | $80,000 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2023 | $20,000 |
| American Online Giving Foundation Inc | General support | 2023 | $6,237 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $276,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $188,133 |
| Silicon Valley Community Foundation | Arts & culture | 2022 | $150,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $100,500 |
| National Philanthropic Tr | Culture & arts | 2022 | $100,000 |
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Frequently asked questions
- Is Seventh Regiment Armory Conservancy Inc a legitimate nonprofit?
- Yes. Seventh Regiment Armory Conservancy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4086800, based in New York, New York. Donations are tax-deductible.
- What is Seventh Regiment Armory Conservancy Inc's EIN?
- Seventh Regiment Armory Conservancy Inc's Employer Identification Number (EIN) is 13-4086800.
- How much revenue does Seventh Regiment Armory Conservancy Inc report?
- Seventh Regiment Armory Conservancy Inc reported $28,748,363 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Seventh Regiment Armory Conservancy Inc's spending goes to programs?
- Seventh Regiment Armory Conservancy Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Seventh Regiment Armory Conservancy Inc have?
- CharityIndex grades Seventh Regiment Armory Conservancy Inc B+, based on program efficiency and fundraising cost.
- How much does Seventh Regiment Armory Conservancy Inc's highest-paid employee make?
- The highest reported compensation on Seventh Regiment Armory Conservancy Inc's latest Form 990 is $605,503, paid to Rebecca Robertson (President/director).
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Data for Seventh Regiment Armory Conservancy Inc (EIN 13-4086800) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.