Sato Lectures LTD The Frick Estate Lectures

Nonprofit profile at a glance

EIN
834147708
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Roslyn Heights, NY, USA
Phone
5166214499
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Official website

Reported finances

Revenue
$145,388
Expenses
$66,763
Assets
$73,085
Liabilities
$39,718

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Roger S Cline (President)

People named in this filing

  • Roger S Cline (President)
  • Dr Kay Sato (Executive Dir.)
  • Susan Shenker (Secretary)

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

The Frick Estate Lectures is a high-quality, year-round program of lectures presented in collaboration with and for the benefit of the Nassau County Museum of Art, located in Roslyn on Long Island, New York. The non-credit courses cover art, history, literature, philosophy, music and current affairs - broadly defined as the cultural and liberal arts - rather than vocational or how-to subjects. The program is designed to offer participants fulfillment through a rich and diverse learning experience.

What it reported doing in 2024

The Nassau County Museum of Art at One Museum Drive, Roslyn Harbor, NY, is situated on 145 acres and occupies an elegant Georgian mansion. The venue abounds with unique experiences that only a museum of true grandeur could offer, including formal gardens, outdoor sculpture park, arboretum, rolling lawns, meadows, and ponds. Every change of season reinvents the atmosphere, culminating in a spectacular celebration of nature itself. In addition, The Frick Estate Lectures are now being offered here, providing life-long learners with a highly sought-after educational opportunity which is unique to this program.

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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.6%; rating input score 37
  • Program expense ratio: 79.6%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 54.1%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 15.8% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 11.6% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: -11.1% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 36.6% of revenue deployed · 79.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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 37/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.