New York City AIDS Memorial Inc

Nonprofit profile at a glance

EIN
611632107
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
6462487845
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Official website

Reported finances

Revenue
$740,316
Expenses
$580,787
Assets
$9,172,022
Liabilities
$70,544

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

Leadership & pay

19 people listed

Executive titles in this filing

  • KEITH FOX (President)
  • CHRISTOPHER TEPPER (Vice President)

Highest reported compensation

  • DAVE HARPER (Executive Dir.): $173,949 total reported compensation

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

Overview

Mission

The New York City AIDS Memorial honors the more than 100,000 New Yorkers who have died of AIDS and acknowledges the contributions of caregivers and activists who mobilized to provide care for the ill, fight discrimination, lobby for medical research, and alter the drug approval process. The Memorial aims to inspire visitors to remember and reflect as well as empower current and future activists, health professionals, and people living with HIV in the continuing mission to eradicate the disease through the maintenance of our permanent, architecturally significant Memorial as well as through educational and cultural programming.

What it reported doing in 2024

Programs - Fiscal Year Ended October 31, 2025World AIDS Day 2024December 1 & 2, 2024For World AIDS Day 2024, the Memorial presented two days of free, public observance in collaboration with Housing Works and AREA, including our annual reading of names and a candlelight vigil. Community partners also joined us for a press conference and public rally addressing the ongoing HIV epidemic and the urgent need to protect access to care.Programming also featured the 33rd Annual Out of the Darkness Candlelight Vigil, food service by Queer Soup Night, and a performance by the Red Ribbon Revue. Together, these programs combined remembrance with civic action, affirming the Memorials role as both a site of reflection and a platform for advocacy, community visibility, and resistance.Broadway RevisitedMarch 3, 2025The New York City AIDS Memorial presented Broadway Revisited, an unforgettable benefit cabaret at Joes Pub, celebrating the past, present, and future of Broadways legendary music and performances. This special event, directed by Tony, Olivier, Emmy, Drama Desk, and Outer Critics Circle Award Winner Rob Ashford, featured a dazzling musical review of Broadways hidden gems, current moments, and future classics. Performed by a roster of incredibly talented artists, including Christine Ebersole, J. Harrison Ghee, Debra Monk, and Duncan Sheik, Broadway Revisited was hosted by actor, director, producer, political activist, and socially-minded storyteller Tony GoldwynCommunity AIDS Memorial Quiltmaking WorkshopMarch 28 & 29, 2025Continuing the legacy of the AIDS Memorial Quilt, the Memorial hosted a series of quiltmaking workshops in March 2025 at the School of Visual Arts led by contemporary artists. This program complemented the exhibitions Witness and To Live, To Die, at SVA, organized, in part, by the New York City AIDS Memorial. Participants created panels honoring many artists, including Tseng Kwong Chi, Ching Ho Cheng, and Martin Wong, alongside many other lost loved ones and reflecting on present-day experiences of survival and solidarity. The two-day workshops invited intergenerational dialogue and hands-on collective remembrance, extending the tradition of craft as a vehicle for healing and activism, and brought Gert McMullin, the mother of the Quilt from the National AIDS Memorial in San Francisco, to help lead and share.Molissa Fenley: BardoMay 4, 2025In May 2025, we presented a reinterpretation of Bardo, a dance work by Molissa Fenley, at the LGBT Center. This work was first conceived as an homage to artist Keith Haring (19581990), was presented on what would have been Harings 67th birthday, and 35 years to the day after its original premiere at Harings memorial service at the Cathedral of St. John the Divine. Being seen for the first time in 30 years, the troupe performed Bardo twice back-to-back, representing the passage of time between the works origins and the current remount, as well as the time between now and Harings passing. This presentation included the original musical accompaniment by Somei Satoh.Matthew Leifheit: The Gay Chorus: No Time At AllJune 1 - July 15, 2025Commissioned for Pride Month in June 2025, Matthew Leifheits sound installation filled the Memorials structure with digitized archival recordings of gay mens choruses from 19851995. At the time of the installation, Leifheit had preserved 46 hours and 22 minutes of performance footage, drawn from 53 VHS tapes digitized during 2023 and 2024 in archives spanning New York, San Francisco, Los Angeles, Chicago, Atlanta, Dallas, Denver, and Washington, DC. Given the inherently limited archival lifespan of VHS recordings, much of the audio exhibits distortions and degradations resulting from the passage of time and the deterioration of magnetic tape. The hour-long recital looped daily, creating a reflective auditory experience that surrounded visitors with voices from the past. By reanimating this music in the Memorials space, Leifheit honored a generation of si

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.
  • 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 65
  • Accountability: 92
  • Sustainability: 74
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.2%; rating input score 77
  • Program expense ratio: 75.4%; rating input score 75
  • Fundraising efficiency: $6.45 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: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.7%; rating input score 95; 25th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 21.5%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 15.79; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 30%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -2.6% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 23.1% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 77.2% of revenue deployed · 75.4% of spending went to programs
  • Governance: 18 of 19 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $438K in reported program spending
  • Leadership: top reported pay $174K · 19 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2012 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 7/100.