HOROLOGICAL SOCIETY OF NEW YORK INC Charity Report

Public IRS 990 nonprofit record

HOROLOGICAL SOCIETY OF NEW YORK INC

EIN 13-6139887 · General Science (U20)

What they do

The Organizations Mission is to Advance The Art and Science of Horology. The Organization Seeks to Accomplish This By Offering Horology Classes to The Public. The Classes Are Taught By Professional Watchmakers and Are Intended to Make Horology Accessible and Enjoyable.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.20 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 leaders19 people are listed in the latest report.

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

Money made simple

78.98%of revenue went to mission work71.2% of expenses · Program services

3.28%of revenue went to fundraising3.0% of expenses

$110.98spent for every $100 of revenueSpending was higher than revenue this year.

28.72%of revenue went to management and office costs25.9% of expenses

$1.32in assets for every $1 spent this yearSome assets cannot be spent right away.

63.9%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 $162,682 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $196,875 for NICHOLAS MANOUSOS (EXECUTIVE DIREC). 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$1,481,171

Mission workProgram services$1,169,88378.98% of revenue71.2% of expenses

ManagementOffice and general costs$425,40528.72% of revenue25.9% of expenses

FundraisingAsking for donations$48,5653.28% of revenue3.0% of expenses

Total expenses$1,643,853110.98% 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: 71.2% mission · 25.9% management · 3.0% fundraisingTotal expenses: 110.98% of revenue

2023Expense mix: 73.3% mission · 26.7% management · 0.0% fundraisingTotal expenses: 118.00% of revenue

2022Expense mix: 72.9% mission · 25.7% management · 1.4% fundraisingTotal expenses: 90.45% of revenue

2021Expense mix: 70.9% mission · 29.1% management · 0.0% fundraisingTotal expenses: 79.26% of revenue

2020Expense mix: 71.3% mission · 28.7% management · 0.0% fundraisingTotal expenses: 68.53% of revenue

2019Expense mix: 76.2% mission · 23.8% management · 0.0% fundraisingTotal expenses: 108.96% of revenue

2018Expense mix: 81.9% mission · 18.1% management · 0.0% fundraisingTotal expenses: 93.46% of revenue

2017Expense mix: 75.7% mission · 24.3% management · 0.0% fundraisingTotal expenses: 71.09% of revenue

Money in and money out

Revenue$1,481,171

Expenses$1,643,853

Annual shortfall $162,682 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)$1,169,883 · 71.2% of expenses

Management and office costs$425,405 · 25.9% of expenses

Fundraising$48,565 · 3.0% of expenses

See all reported dollar amounts

Revenue$1,481,171

Expenses$1,643,853

Assets$2,172,351

Income$1,848,274

Contributions$945,941

Mission work (program services)$1,169,883

Fundraising$48,565

Grants given$155,000

Average grant$11,923

Management and general$425,405

Executive compensation (total)$66,250

Accounting fees$12,377

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

NICHOLAS MANOUSOSEXECUTIVE DIREC · 35 hrs/week $196,875Base $175,000 · Other $21,875

CAROLINA NAVARRODEPUTY DIRECTOR · 35 hrs/week $146,250Base $130,000 · Other $16,250

MIRANDA C MARRACCINIHEAD LIBRARIAN · 35 hrs/week $112,500Base $100,000 · Other $12,500

BRIANA LETRUSTEE $25,526

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 (19)

NICHOLAS MANOUSOSEXECUTIVE DIREC

CAROLINA NAVARRODEPUTY DIRECTOR

MIRANDA C MARRACCINIHEAD LIBRARIAN

BRIANA LETRUSTEE

ERIC KUTRUSTEE

WILLIAM BUCHALTERPRESIDENT

ROMAIN GAUTHIERTRUSTEE

ROGER SMITHTRUSTEE

PAUL BOUTROSTRUSTEE

MARK ARMENANTETRUSTEE

LENISE LOGANTRUSTEE

H JANE CHONSECRETARY

ENEURI ACOSTAVICE PRESIDENT

ELLEN SORENSENTRUSTEE

DAVID CHANGTRUSTEE

BRIAN ROBINSONTRUSTEE

BRETT WALSDORFTREASURER

AMIT PURITRUSTEE

ALDIS HODGETRUSTEE

About this charity

Recognized since: January 2015
Location: 20 W 44TH ST STE 506, NEW YORK, NY 10036-6603
County: New York
In care of: NICHOLAS MANOUSOS
Primary officer: NICHOLAS MANOUSOS, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(212) 704-4041

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: DESIRE & COMPANY CPAS PLLC
NTEE classification: General Science (U20)
IRS tax category: General Science
Grant-giving organization: Yes