Camera Club of New York Inc

Nonprofit profile at a glance

EIN
136208782
IRS 990 coverage
2011–2023
Forms available
Form 990 2023
Location
New York, NY, USA
Phone
2122609927
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,418,117
Expenses
$701,663
Assets
$2,103,985
Liabilities
$744,198

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • MICHI JIGARJIAN (PRESIDENT)
  • DANIEL HANDAL (VICE PRESIDENT)

Highest reported compensation

  • JIL WEINSTOCK (DIRECTOR): $102,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o

What it reported doing in 2023

Baxter st x youngarts residency: a partnership with national arts nonprofit youngarts and is offered each year to one past youngarts award recipient living in nyc and working in the field of lens-based art. The artist receives same benefits at baxter st residents, with the exception of private workspace access. The resident selected by baxter st & youngarts leadership.family residency at stoneleaf retreat: is a two-week residency for lens-based artists identifying as mothers to take a break from juggling the demands of motherhood and a creative careerwhich often comes without the minimum supports and regular schedule of a traditional office-based position. Hosted in partnership with stoneleaf retreat, a 22-acre retreat in New York's catskill mountains founded by helen toomer and eric romano as a creative space for womxn and families. Are no required deliverables (e.g., solo show, new work, etc.), but the artist has full access to onsite studio. The resident receives two-week accommodations and travel to stoneleaf from nyc area, and art critique with a member of baxter st art advisory board.the next step award supports us-based artists at critical junctures in their artistic development. Reconsidering equity across the country and in arts institutions, the award also supports the presentation of diverse opinions, as well as timely lens-based work that is relevant to today's visual culture and society across a wide array of genres or approaches.

Operating model

Revenue model
Donor-supported. 96% 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.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 92
  • Accountability: 96
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.4%; rating input score 41
  • Program expense ratio: 82.7%; rating input score 83
  • Fundraising efficiency: $23.35 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.3%; rating input score 93; 24th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 50.5%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 3; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 14.6%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 18.5% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 15.6% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 23% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 41.4% of revenue deployed · 82.7% of spending went to programs
  • Governance: 14 of 15 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $580K in reported program spending
  • Leadership: top reported pay $102K · 15 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 11 filing years from 2011 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.