THE ECONOMIC CLUB OF NEW YORK Charity Report

Public IRS 990 nonprofit record

THE ECONOMIC CLUB OF NEW YORK

EIN 13-1655225 · Science & Technology Research Institutes & Services (V22C)

What they do

THE ECONOMIC CLUB of NEW YORK is A NONPROFIT, NONPARTISAN, NONPOLITICAL ORGANIZATION DEDICATED to THE PROMOTION of THE STUDY and DISCUSSION of SOCIAL, ECONOMIC and POLITICAL QUESTIONS. for MORE THAN A CENTURY, THE CLUB HAS SERVED AS THE PREMIER PUBLIC FORUM for THOUGHT LEADERS of THE UNITED STATES and THE WORLD, to EXPRESS A DIVERSE SET of VIEWS and OPINIONS IN A FREE and OPEN ENVIRONMENT. BY EMBRACING and PROMOTING FREE EXPRESSION of DIVERSE VIEWS and OPINIONS, THE CLUB EFFECTIVELY ACTS AS A CATALYST for INNOVATION IN THOUGHT and IDEAS IMPACTING SOCIAL, ECONOMIC and POLITICAL ISSUES FACING SOCIETY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.81%of revenue went to mission work81.4% of expenses · Program services

$68.61spent for every $100 of revenueRevenue covered expenses this year.

15.51%of revenue went to management and office costs18.6% of expenses

$4.14in assets for every $1 spent this yearSome assets cannot be spent right away.

38.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $826,293 for BARBARA VAN ALLEN (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,736,879

Mission workProgram services$3,212,01367.81% of revenue81.4% of expenses

ManagementOffice and general costs$734,70615.51% of revenue18.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$790,16016.68% of revenueShown in gray on the chart

Total expenses$3,946,71983.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.4% mission · 18.6% management · 0.0% fundraisingTotal expenses: 83.32% of revenue

2023Expense mix: 78.4% mission · 21.6% management · 0.0% fundraisingTotal expenses: 76.94% of revenue

2022Expense mix: 72.6% mission · 27.4% management · 0.0% fundraisingTotal expenses: 92.37% of revenue

2021Expense mix: 78.8% mission · 21.2% management · 0.0% fundraisingTotal expenses: 76.23% of revenue

2020Expense mix: 72.7% mission · 27.3% management · 0.0% fundraisingTotal expenses: 78.37% of revenue

2019Expense mix: 87.9% mission · 12.1% management · 0.0% fundraisingTotal expenses: 86.87% of revenue

2018Expense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 79.98% of revenue

Money in and money out

Revenue$5,752,282

Expenses$3,946,719

Annual surplus $1,805,563 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,212,013 · 81.4% of expenses

Management and office costs$734,706 · 18.6% of expenses

See all reported dollar amounts

Revenue$5,752,282

Expenses$3,946,719

Assets$16,330,460

Income$5,897,282

Contributions$2,203,068

Mission work (program services)$3,212,013

Management and general$734,706

Stocks and bonds$12,080,891

Accounting fees$35,500

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BARBARA VAN ALLENPRESIDENT & CEO · 50 hrs/week $826,293Base $806,400 · Other $19,893

CELINE CLARKECHIEF OF STAFF · 25 hrs/week $237,132Base $219,809 · Other $17,323

ELIZABETH SIMONECONTROLLER · 40 hrs/week $208,313Base $152,000 · Other $56,313

GINA FEAZELLEDIR. OF MEMBERSHIP & MARKETING · 40 hrs/week $188,485Base $141,000 · Other $47,485

LAUREN BAERSENIOR DIRECTOR OF EVENTS · 40 hrs/week $138,435Base $124,193 · Other $14,242

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

BARBARA VAN ALLENPRESIDENT & CEO

CELINE CLARKECHIEF OF STAFF

ELIZABETH SIMONECONTROLLER

GINA FEAZELLEDIR. OF MEMBERSHIP & MARKETING

LAUREN BAERSENIOR DIRECTOR OF EVENTS

STEPHANIE COHENTRUSTEE

SANDER GERBERTRUSTEE

ROBERT STEELCHAIR

RESHMA SAUJANITRUSTEE

THASUNDA BROWN DUCKETTTRUSTEE

RACHEL MOORETREASURER

ARVIND KRISHNAVICE CHAIR

PETER GRAUERTRUSTEE

N GREGORY MANKIWTRUSTEE

MARIE JOSEE KRAVISCHAIR EMERITUS

LEE AINSLIE IIITRUSTEE

WILLIAM M LEWISTRUSTEE

JOHN W ROGERSTRUSTEE

JOHN C WILLIAMSCHAIR EMERITUS

JOHN HESSTRUSTEE

JEFF SCHOENFELDTRUSTEE

ERIKA JAMESTRUSTEE

EDWARD COXSECRETARY

DEVEN PAREKHTRUSTEE

DANIEL NEFFTRUSTEE

DAN SCHULMANVICE CHAIR

DAMBISA MOYOVICE CHAIR

CHARLES PHILLIPSTRUSTEE

About this charity

Recognized since: January 1938
Location: ONE EAST 53RD STREET SUITE 5 NORTH, NEW YORK, NY 10022-4239
County: New York
In care of: BARBARA M VAN ALLEN
Primary officer: BARBARA M VAN ALLEN, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(212) 947-7738

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CONDON OMEARA MCGINTY & DONNELLY LLP
NTEE classification: Science & Technology Research Institutes & Services (V22C)