Catharine Lorillard Wolfe Art Club
Legal name: Catharine Lorillard Wolfe Art Club Inc
Nonprofit profile at a glance
- EIN
- 136190180
- IRS 990-EZ coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 9734329078
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $62,006
- Expenses
- $67,760
- Assets
- $205,361
- Liabilities
- $1,170
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- KARENE INFRANCO (President)
- REBECCA ROSENHECK (Vice President)
People named in this filing
- TERRY HARTLEY (Treasurer)
- JOYCE ZELLER (Treasurer)
- ANDREA PLACER (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and encourage women artists through educational activities and exhibits of works of art. | | **WHO WE ARE** **Catharine Lorillard Wolfe** (1828-1887) was a prominent New York philanthropist and art collector, and **the only woman** among the 106 founders of The Metropolitan Museum of Art. In addition to bequeathing her painting collection to the museum, Ms. Wolfe left an endowment to Grace Church in Manhattan to promote “women’s work.” At the urging of Rector Dr. William Reed Huntington and several parishioners, the Catharine Lorillard Wolfe Art Club was established in 1896. The purpose at the time was to provide aid, counsel and exhibition opportunities to young women artists in New York City. JOIN US** To keep abreast of scheduled events, men and women are invited to become an.
What it reported doing in 2024
CLWAC celebrated its 127th year with an annual exhibition atSalmagundi Club from November 19-December 6th of 2024. We celebratedour members with a juried member and associate show during September 2024.We generated $13,657 in donations.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 93
- Sustainability: 47
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.5%; rating input score 97
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -9.3%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 3.03; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -4.5% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 58th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 100% of revenue deployed · 97.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.