THE NEW YORK ACADEMY OF MEDICINE Charity Report

Public IRS 990 nonprofit record

THE NEW YORK ACADEMY OF MEDICINE

EIN 13-1656674 · Health Care (E050)

What they do

SEE SCHEDULE O. THE NEW YORK ACADEMY of MEDICINE (NYAM) TACKLES THE BARRIERS THAT PREVENT EVERY INDIVIDUAL FROM LIVING A HEALTHY LIFE. NYAM GENERATES THE KNOWLEDGE NEEDED to CHANGE THE SYSTEMS THAT PREVENT PEOPLE FROM ACCESSING WHAT THEY NEED to BE HEALTHY SUCH AS SAFE and AFFORDABLE HOUSING, HEALTHY FOOD, HEALTHCARE and MORE. THROUGH ITS HIGH-PROFILE PROGRAMMING for THE GENERAL PUBLIC, FOCUSED SYMPOSIA for HEALTH PROFESSIONALS, and ITS BASE of DEDICATED FELLOWS and MEMBERS, NYAM ENGAGES THE MINDS and HEARTS of THOSE WHO ALSO VALUE ADVANCING HEALTH EQUITY to MAXIMIZE HEALTH for ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $70.00 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 leaders33 people are listed in the latest report.

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

Money made simple

80.29%of revenue went to mission work70.0% of expenses · Program services

10.29%of revenue went to fundraising9.0% of expenses

$114.63spent for every $100 of revenueSpending was higher than revenue this year.

24.06%of revenue went to management and office costs21.0% of expenses

$5.28in 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.

Worth asking: Expenses exceeded revenue by $1,556,524 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $722,196 for ANN KURTH (PRESIDENT). 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$10,636,391

Mission workProgram services$8,539,77680.29% of revenue70.0% of expenses

ManagementOffice and general costs$2,558,75624.06% of revenue21.0% of expenses

FundraisingAsking for donations$1,094,38310.29% of revenue9.0% of expenses

Total expenses$12,192,915114.63% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 70.0% mission · 21.0% management · 9.0% fundraisingTotal expenses: 114.63% of revenue

2023Expense mix: 66.8% mission · 26.7% management · 6.5% fundraisingTotal expenses: 69.05% of revenue

2022Expense mix: 65.0% mission · 25.9% management · 9.1% fundraisingTotal expenses: 107.39% of revenue

2021Expense mix: 66.2% mission · 24.6% management · 9.2% fundraisingTotal expenses: 110.93% of revenue

2020Expense mix: 65.4% mission · 24.8% management · 9.8% fundraisingTotal expenses: 132.56% of revenue

2019Expense mix: 70.2% mission · 21.2% management · 8.7% fundraisingTotal expenses: 138.31% of revenue

2018Expense mix: 69.4% mission · 23.4% management · 7.2% fundraisingTotal expenses: 111.82% of revenue

2017Expense mix: 71.3% mission · 22.0% management · 6.7% fundraisingTotal expenses: 97.42% of revenue

Money in and money out

Revenue$10,636,391

Expenses$12,192,915

Annual shortfall $1,556,524 Expenses were higher than revenue 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)$8,539,776 · 70.0% of expenses

Management and office costs$2,558,756 · 21.0% of expenses

Fundraising$1,094,383 · 9.0% of expenses

See all reported dollar amounts

Revenue$10,636,391

Expenses$12,192,915

Assets$64,435,637

Income$11,029,068

Contributions$4,078,923

Mission work (program services)$8,539,776

Fundraising$1,094,383

Grants given$2,002,254

Average grant$51,340

Management and general$2,558,756

Stocks and bonds$44,440,270

Accounting fees$85,825

Investing fees$3,525

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

ANN KURTHPRESIDENT · 40 hrs/week $722,196Base $700,386 · Other $21,810

ANDREA CHOISVP FINANCE & ADMINISTRATION · 40 hrs/week $383,952Base $343,686 · Other $40,266

JILL CLARK CHIEFDEVELOP. OFFICER THRU NOV 2024 · 40 hrs/week $270,296Base $249,346 · Other $20,950

STEPHEN W PAULDIRECTOR, FINANCE · 40 hrs/week $243,502Base $197,027 · Other $46,475

KATHRYN HALLSVP RESEARCH · 40 hrs/week $228,333Base $219,369 · Other $8,964

PAUL H THEERMANDIRECTOR, LIBRARY · 40 hrs/week $206,315Base $196,464 · Other $9,851

JACQUELINE BONILLADIRECTOR, HUMAN RESOURCES · 40 hrs/week $203,997Base $170,561 · Other $33,436

GINA RAVOSADIRECTOR, COMMUNICATIONS · 40 hrs/week $198,817Base $177,880 · Other $20,937

KUMBIRAI MADONDO DIR COMMPRGMS & POLICY SOL. THRU DEC 2024 · 40 hrs/week $174,565Base $145,699 · Other $28,866

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 (33)

ANN KURTHPRESIDENT

ANDREA CHOISVP FINANCE & ADMINISTRATION

JILL CLARK CHIEFDEVELOP. OFFICER THRU NOV 2024

STEPHEN W PAULDIRECTOR, FINANCE

KATHRYN HALLSVP RESEARCH

PAUL H THEERMANDIRECTOR, LIBRARY

JACQUELINE BONILLADIRECTOR, HUMAN RESOURCES

GINA RAVOSADIRECTOR, COMMUNICATIONS

KUMBIRAI MADONDO DIR COMMPRGMS & POLICY SOL. THRU DEC 2024

MARK N KAPLAN ESQTRUSTEE THRU JAN 2024

MARIE-LAURE ROMNEY MDTRUSTEE

MARK WEISSTRUSTEE

MARK L WAGARVICE CHAIR THRU APR 2024

JANIS SMITH-GOMEZ MBATRUSTEE

MARTINE FERLANDTRUSTEE

NATALIA CINEAS DNPTRUSTEE

NESA R AMAMOOTRUSTEE

PAUL P TANICO JDTRUSTEE

TONYA WALKER MD MPHTRUSTEE

WAYNE J RILEY MDCHAIR

JOHN DAMONTI MSWTRUSTEE

JANINE VERSI MBATRUSTEE

JAMES FLYNN MSCHAIR EMERITUS/TREASURER

JACQUELINE MOLINE MDTRUSTEE

GIL ADDO MBATRUSTEE

ELSA-GRACE V GIARDINA MDTRUSTEE

ELENA RIOS MDTRUSTEE

DENNIS A MITCHELL DDS MPHTRUSTEE

CHARLES N BERTOLAMI DDSTRUSTEE

BETH OLIVER DNPTRUSTEE

BARBARA A GREENEX-OFFICIO

ASHWIN VASAN MDEX-OFFICIO THRU OCT 2024

ANDREW D RACINE MD PHDTRUSTEE

About this charity

Recognized since: January 1937
Location: 1216 5TH AVE, NEW YORK, NY 10029-5202
County: New York
In care of: % KATHLEEN ODONNELL
Primary officer: ANDREA CHOI, SVP FINANCE & ADMIN

How to reach them

WebsiteVisit the charity’s website Phone(212) 822-7222

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Health Care (E050)
Grant-giving organization: Yes