Gallery North Inc

Nonprofit profile at a glance

EIN
112368016
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
East Setauket, NY, USA
Phone
6317512676
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Art Museums

Reported finances

Revenue
$1,346,395
Expenses
$872,734
Assets
$5,428,960
Liabilities
$792,579

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • EDWARD PUCHNER (EXECUTIVE DIRECTOR)
  • NANCY GOROFF (PRESIDENT)
  • NEIL MACDONALD (VICE PRESIDENT)

Highest reported compensation

  • EDWARD PUCHNER (EXECUTIVE DIRECTOR): $110,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Gallery north is a not-for-profit fine art gallery with a mission to present exhibitions of contemporary artists and crafts persons, to assist and encourage artists by bringing their work to the attention of the public, and to stimulate interest in the arts by presenting innovative, educational programs. Furthermore, gallery north is organized to support artists of the long island region, to offer exhibitions and programming for the enjoyment of citizens of the state of New York, to embrace the role of diversity in strengthening the arts, and to engage in lawful acts or activities for which not-for-profit corporations may be organized under New York not-for-profit corporation law.

What it reported doing in 2024

The organization provided classes and workshops in the studio at gallery north. These classes were in a variety of mediums, such as ceramics, watercolor, life drawing, encaustic, paper making, as well as silkscreen and other printmaking processes, done in house on a printing press. Hundreds of students of all ages benefitted from over forty monthly, weekly, or individual art classes, including our summer art education program for kids summer artventures which ran for eight weeks from july to august. The studio also offered its art abilities program from fall 2024 to spring 2025, a free art program for those in our community who live with a disability of any kind. In addition, the studio also continued to offer the carmela kolman fellowship.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.3%; rating input score 55
  • Program expense ratio: 73.1%; rating input score 73
  • Fundraising efficiency: $6.14 raised per $1 spent on fundraising; rating input score 23; 23rd 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: 100%; rating input score 100; 63rd 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: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 35.2%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 6.22; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 12.6%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 5.9% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 13.3% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 55.3% of revenue deployed · 73.1% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $638K in reported program spending
  • Leadership: top reported pay $110K · 14 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.