SEVENTH REGIMENT ARMORY CONSERVANCY INC Charity Report

Public IRS 990 nonprofit record

SEVENTH REGIMENT ARMORY CONSERVANCY INC

EIN 13-4086800 · Historical Organizations (A80)

What they do

PARK AVENUE ARMORYS MISSION is to ENABLE A DIVERSE RANGE of ARTISTS to CREATE, STUDENTS to EXPLORE, and AUDIENCES to EXPERIENCE EPIC, ADVENTUROUS, RELEVANT WORK THAT CANNOT BE DONE ELSEWHERE IN NEW YORK. WITH ITS SOARING 55,000-SQUARE-FOOT WADE THOMPSON DRILL HALL and AN ARRAY of EXUBERANT PERIOD ROOMS, THE ARMORY FILLS A CRITICAL VOID IN THE CULTURAL ECOLOGY of NEW YORK, SUPPORTING UNCONVENTIONAL WORKS IN THE PERFORMING and VISUAL ARTS THAT CANNOT BE FULLY REALIZED IN A TRADITIONAL PROSCENIUM THEATER, CONCERT HALL, or WHITE WALL GALLERY. THE ARMORY HAS BEEN LAUDED AS "ONE of THE MOST AMBITIOUS ARTS PRESENTERS IN THE CITY, IF NOT THE COUNTRY" (WALL STREET JOURNAL), WITH THE NEW YORKER DECLARING THAT "THE ARMORYS PROGRAMMING HAS BECOME ESSENTIAL to THE NEW YORK LIFE." ALONGSIDE ADVENTUROUS ARTISTIC PROGRAMMING, THE ARMORY OFFERS CREATIVITY-BASED ARTS EDUCATION PROGRAMS AT NO COST to THOUSANDS of STUDENTS FROM UNDERSERVED NEW YORK CITY PUBLIC SCHOOLS. ARMORY ARTS EDUCATION PROGRAMS DEE

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.50 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 leaders38 people are listed in the latest report.

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

Money made simple

98.30%of revenue went to mission work84.5% of expenses · Program services

8.35%of revenue went to fundraising7.2% of expenses

$116.28spent for every $100 of revenueSpending was higher than revenue this year.

9.62%of revenue went to management and office costs8.3% of expenses

$8.03in assets for every $1 spent this yearSome assets cannot be spent right away.

35.7%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 $4,679,115 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $662,610 for REBECCA ROBERTSON (PRESIDENT/DIRECTOR). 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$28,748,363

Mission workProgram services$28,259,63898.30% of revenue84.5% of expenses

ManagementOffice and general costs$2,766,0619.62% of revenue8.3% of expenses

FundraisingAsking for donations$2,401,7798.35% of revenue7.2% of expenses

Total expenses$33,427,478116.28% 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?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202484.5% mission

202386.5% mission

202284.4% mission

202182.8% mission

202081.3% mission

201982.8% mission

201883.0% mission

201782.6% mission

Money in and money out

Revenue$28,748,363

Expenses$33,427,478

Annual shortfall $4,679,115 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)$28,259,638 · 84.5% of expenses

Management and office costs$2,766,061 · 8.3% of expenses

Fundraising$2,401,779 · 7.2% of expenses

See all reported dollar amounts

Revenue$28,748,363

Expenses$33,427,478

Assets$268,295,225

Income$59,558,699

Contributions$10,262,650

Mission work (program services)$28,259,638

Fundraising$2,401,779

Management and general$2,766,061

Executive compensation (total)$1,215,718

Stocks and bonds$65,214,772

Accounting fees$123,275

Investing fees$405,681

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

REBECCA ROBERTSONPRESIDENT/DIRECTOR · 50 hrs/week $662,610Base $605,503 · Other $57,107

MICHAEL LONERGANCHIEF ARTISTIC PRODUCER · 50 hrs/week $337,235Base $317,045 · Other $20,190

PAUL KINGDIRECTOR OF PRODUCTION · 50 hrs/week $312,844Base $265,661 · Other $47,183

PATRICK GALVINCHIEF DEVELOPMENT OFFICER · 50 hrs/week $274,384Base $266,568 · Other $7,816

JUDITH RUBINCHIEF FINANCIAL OFFICER · 50 hrs/week $263,133Base $239,652 · Other $23,481

THOMAS TRAYERDIRECTOR OF MARKETING · 50 hrs/week $226,265Base $201,541 · Other $24,724

OKU OKOKODIRECTOR OF INFO. TECHNOLOGY · 50 hrs/week $207,934Base $184,297 · Other $23,637

CASSIDY JONESCHIEF EDUCATION OFFICER · 40 hrs/week $196,429Base $172,359 · Other $24,070

MARC VON BRAUNSBERGDIR. OF OPERATIONS & SECURITY · 50 hrs/week $190,928Base $179,144 · Other $11,784

KAREN QUIGLEYVP, CAPITAL PROJ & FACILITIES · 50 hrs/week $188,608Base $180,704 · Other $7,904

CLAIRE MARBERGPRODUCTION MANAGER · 40 hrs/week $175,803Base $153,620 · Other $22,183

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 (38)

REBECCA ROBERTSONPRESIDENT/DIRECTOR

MICHAEL LONERGANCHIEF ARTISTIC PRODUCER

PAUL KINGDIRECTOR OF PRODUCTION

PATRICK GALVINCHIEF DEVELOPMENT OFFICER

JUDITH RUBINCHIEF FINANCIAL OFFICER

THOMAS TRAYERDIRECTOR OF MARKETING

OKU OKOKODIRECTOR OF INFO. TECHNOLOGY

CASSIDY JONESCHIEF EDUCATION OFFICER

MARC VON BRAUNSBERGDIR. OF OPERATIONS & SECURITY

KAREN QUIGLEYVP, CAPITAL PROJ & FACILITIES

CLAIRE MARBERGPRODUCTION MANAGER

RALPH LEMONDIRECTOR

MARINA ABRAMOVICDIRECTOR

PABLO LEGORRETAVICE PRESIDENT

PAUL CRONSONDIRECTOR

TINA R DAVISDIRECTOR

ROBERTA GARZADIRECTOR

SAMHITA JAYANTIDIRECTOR

SANFORD B EHRENKRANZDIRECTOR

STEPHANIE SHARPDIRECTOR

ABIGAIL BARATTADIRECTOR

ELIHU ROSE PHDCHAIRMAN EMERITUS

ADAM R FLATTOCO-CHAIR

AMANDA JT RIEGELCO-CHAIR

BG EDWARD GKLEIN NYNGRETDIRECTOR

BRANDEN JACOBS-JENKINSDIRECTOR

CORA CAHANDIRECTOR

DABIE TSAIDIRECTOR (AS OF 2/16/24)

DAVID FOXVICE PRESIDENT

DR JOYCE F BROWNDIRECTOR

KIMBERLY E GREENBERGDIRECTOR

EMANUEL STERNVICE PRESIDENT, TREASURER

HELENE COMFORTDIRECTOR

JANET C ROSSDIRECTOR

JASON MORANDIRECTOR

JESSIE DINGDIRECTOR

JOAN STEINBERGDIRECTOR

JONATHAN L DAVISDIRECTOR

About this charity

Recognized since: January 2000
Location: 643 PARK AVENUE, NEW YORK, NY 10065
County: New York
In care of: JUDITH RUBIN
Primary officer: JUDITH RUBIN, CFO

How to reach them

WebsiteVisit the charity’s website Phone(212) 616-3930

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BDO USA
NTEE classification: Historical Organizations (A80)
IRS tax category: Historical Organizations