ALBANY INSTITUTE OF HISTORY AND ART Charity Report

Public IRS 990 nonprofit record

ALBANY INSTITUTE OF HISTORY AND ART

EIN 14-1343061 · Arts, Culture & Humanities (A51Z)

What they do

A REGIONAL MUSEUM, FOUNDED IN 1791, DEDICATED to COLLECTING, PRESERVING, INTERPRETING and PROMOTING INTEREST IN THE HISTORY, ART and CULTURE of ALBANY and THE UPPER HUDSON VALLEY REGION of NEW YORK STATE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.90 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 leaders25 people are listed in the latest report.

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

Money made simple

80.13%of revenue went to mission work62.9% of expenses · Program services

25.51%of revenue went to fundraising20.0% of expenses

$127.33spent for every $100 of revenueSpending was higher than revenue this year.

21.69%of revenue went to management and office costs17.0% of expenses

$4.78in assets for every $1 spent this yearSome assets cannot be spent right away.

85.3%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 $512,556 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $87,474 for WILLIAM D MCCOMBS (EXECUTIVE 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$1,875,488

Mission workProgram services$1,502,82380.13% of revenue62.9% of expenses

ManagementOffice and general costs$406,74821.69% of revenue17.0% of expenses

FundraisingAsking for donations$478,47325.51% of revenue20.0% of expenses

Total expenses$2,388,044127.33% 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: 62.9% mission · 17.0% management · 20.0% fundraisingTotal expenses: 127.33% of revenue

2023Expense mix: 62.8% mission · 20.0% management · 17.2% fundraisingTotal expenses: 180.77% of revenue

2022Expense mix: 63.1% mission · 20.1% management · 16.8% fundraisingTotal expenses: 101.33% of revenue

2021Expense mix: 69.2% mission · 14.7% management · 16.2% fundraisingTotal expenses: 95.13% of revenue

2020Expense mix: 69.6% mission · 13.5% management · 16.9% fundraisingTotal expenses: 124.26% of revenue

2019Expense mix: 67.4% mission · 15.5% management · 17.1% fundraisingTotal expenses: 75.94% of revenue

2018Expense mix: 64.9% mission · 15.8% management · 19.3% fundraisingTotal expenses: 122.42% of revenue

2017Expense mix: 64.9% mission · 14.1% management · 21.0% fundraisingTotal expenses: 141.09% of revenue

Money in and money out

Revenue$1,875,488

Expenses$2,388,044

Annual shortfall $512,556 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)$1,502,823 · 62.9% of expenses

Management and office costs$406,748 · 17.0% of expenses

Fundraising$478,473 · 20.0% of expenses

See all reported dollar amounts

Revenue$1,875,488

Expenses$2,388,044

Assets$11,407,751

Income$3,229,048

Contributions$1,600,455

Mission work (program services)$1,502,823

Fundraising$478,473

Management and general$406,748

Executive compensation (total)$93,651

Stocks and bonds$3,722,244

Accounting fees$44,532

Investing fees$406

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

WILLIAM D MCCOMBSEXECUTIVE DIRECTOR · 40 hrs/week $87,474

KAYLA CARLSENEXECUTIVE DIRECTOR · 40 hrs/week $63,140

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 (25)

WILLIAM D MCCOMBSEXECUTIVE DIRECTOR

KAYLA CARLSENEXECUTIVE DIRECTOR

KEITH CUNNINGHAMTRUSTEE

CHRISTIAN BENDERTRUSTEE

WALLACE ALTESTRUSTEE

VICARY THOMASTRUSTEE

ROBERT KRACKELERTRUSTEE

PRENTISS CARNELLTRUSTEE

MIRIAM TREMENTOZZITRUSTEE

MICHAEL D ZAHLER ESQTRUSTEE

MEHAK JAMILTRUSTEE

MARCIA MOSSTRUSTEE

LINDA JACKSON-CHALMERSSECRETARY & CO-CHAIR, DEAI

LEIGH METZGERTREASURER

CHRISTINE MILESTRUSTEE

ALAN P GOLDBERGVICE CHAIR

JOHN G WALSH IIITRUSTEE

GERALDINE GOLUBTRUSTEE

GEORGE R HEARST IIICHAIR

F MICHAEL TUCKERIMMEDIATE PAST CHAIR

ELLEN JABBURTRUSTEE

DOUGLAS COHNTRUSTEE

DENISE GORMANTRUSTEE

DARIA MALLINTRUSTEE

DANIEL BUTTERWORTHTRUSTEE

About this charity

Recognized since: January 1942
Location: 125 WASHINGTON AVE, ALBANY, NY 12210-2202
County: Albany
In care of: % SUSAN HSU
Primary officer: KAYLA CARLSEN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailmontrosse@albanyinstitute.org Phone(518) 463-4478

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: UHY ADVISORS NORTHEAST INC
NTEE classification: Arts, Culture & Humanities (A51Z)
IRS tax category: Museums