New York Historical Society
Overview
Mission
The founding mission of the new-york historical society ("the New York historical "tnyh") is to collect, preserve, and interpret, for the broadest possible public, material relevant to the history of the united states in general and of New York state and city in particular.
What it reported doing in 2024
Educational programming - the New York historical's offerings span groundbreaking exhibitions, acclaimed educational programs for teachers and students nationwide, and thought-provoking conversations among leading scholars, journalists, and thinkers about the past, present, and future of the american experiment. Education at tnyh extends far beyond the classroom to encompass gallery experiences, onstage programming, and community-based initiatives that engage learners across the city and around the country. Drawing on expert research and rigorous pedagogy, tnyh delivers accurate and accessible interpretations of american history to a growing, multigenerational community. Through a wide array of educational offerings, tnyh deepens public understanding of the nation's past and fosters informed civic participation. All told, tnyh provides hundreds of educational programs that benefit learners of all ages, spanning the general public, k-12 students and teachers, and younger children not yet in school. For more information, see schedule o.
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 131624124
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- New York, NY, USA
- Phone
- 2128733400
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 80
- Accountability: 99
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.1%; rating input score 83
- Program expense ratio: 80%; rating input score 80
- Fundraising efficiency: $11.95 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.6%; rating input score 98; 31st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 6.49; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 0.9% per year; rating input score 100; 14th percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 83.1% of revenue deployed · 80% of spending went to programs
- Governance: 40 of 41 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $34.5M in reported program spending
- Leadership: top reported pay $1M · 58 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $32.8M reported
- Consistency: 44 of 44 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Leadership & pay
58 people listed
Highest reported compensation
- Louise Mirrer (President and CEO): $1,018,070 total reported compensation
- Freddy Taveras (Secretary, EVP & General Counsel): $384,660 total reported compensation
- Monique Quinn (Assistant Treasurer and CFO): $335,643 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.