Longhouse Reserve
Nonprofit profile at a glance
- EIN
- 331058583
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- East Hampton, NY, USA
- Phone
- 6313293568
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $1,964,699
- Expenses
- $2,249,339
- Assets
- $9,923,916
- Liabilities
- $375,982
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- NINA GILLMAN (PRESIDENT)
- DEBORAH NEVINS (VICE PRESIDENT)
Highest reported compensation
- CARRIE BARRATT (DIRECTOR): $220,000 total reported compensation
- BONIFACIO TOJAS (GROUNDS & BUILDING MANAGER): $118,030 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Longhouse reserve inspires living with art in all forms. Founded by jack lenor larsen, its collections, gardens, art and programs reflect world cultures.
What it reported doing in 2024
In 2024, longhouse reserve was open to the public from all year, weekends january-march and five-days a week april through december. Annual attendance was approximately 35,000, including school groups, garden tours, and special programs. The season featured new loans to the art in the garden program. Longhouse held regular art and garden tours. Other public programs in 2024 included our annual summer benefit, jack's birthday concert, our annual landscape lecture weekend, and longhouse illuminated, our winter holiday light show. In addition to these special events, our calendar was full of artist talks, author talks, workshops, and family activities. Education programs included docent-led school tours, curricular guides, family activity guides, and summer internships for college students. In addition, 2024 continued the transition to a board and staff led institution (following the death of jack lenor larsen in 2020), with new board members and staff members joining. Longhouse entered two major processes: a change of use (residential to multi-use) with the town of east hampton with the goal of opening the house for public tours; and an application to be listed on the national register of historic places, an invitation we received from New York state. We conducted two studies funded by the imls: a museum assessment program evaluation on operational excellence, and a collections assessment program evaluation for care and management of our collections.
Operating model
- Revenue model
- Donor-supported. 66% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 79
- Accountability: 90
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.8%; rating input score 88
- Program expense ratio: 72.9%; rating input score 73
- Fundraising efficiency: $6.38 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -14.5%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 4.41; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 15%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 87.8% of revenue deployed · 72.9% of spending went to programs
- Governance: 14 of 14 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $220K · 20 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $238K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 24/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 13/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.