The Long Island Museum of American Art History & Carriages
Nonprofit profile at a glance
- EIN
- 111667767
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Stony Brook, NY, USA
- Phone
- 6317510066
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $2,554,337
- Expenses
- $3,102,194
- Assets
- $22,119,106
- Liabilities
- $378,488
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- SARAH ABRUZZI (CO-EXECUTIVE DIRECTOR)
- JOSHUA RUFF (CO-EXECUTIVE DIRECTOR)
Highest reported compensation
- SARAH ABRUZZI (CO-EXECUTIVE DIRECTOR): $142,977 total reported compensation
- JOSHUA RUFF (CO-EXECUTIVE DIRECTOR): $125,723 total reported compensation
- LAURIE CURIALE (DIRECTOR OF FINANCE): $91,490 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 long island museum is dedicated to inspiring people of all ages with an understanding and enjoyment of american art, history and carriages as expressed through the heritage of long island and its diverse communities.
What it reported doing in 2024
Education programs are developed and taught by a staff of museum educators, working in close collaboration with teachers and school administrators to ensure that the programs support New York state and national learning standards in social studies, art and language arts. During 2024/2025, students from 51 schools representing 42 public school districts and 9 private schools throughout suffolk and nassau counties were served. The museum's approach is to teach learning through objects; training students in the processes of inquiry and thinking rather than in the accumulation of particular skills. Students examine documents, artwork, vehicles, costumes and related objects to learn about the time in which they were created and the people who made and used them. Continued in schedule o
Operating model
- Revenue model
- Investment-supported. 70% of the money available for current operations came from recurring investment income.
- 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
STRONG - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.7%; rating input score 97
- Program expense ratio: 70.4%; rating input score 70
- Fundraising efficiency: $0.98 raised per $1 spent on fundraising; rating input score 2; 2nd 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: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -21.4%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 7.13; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 11.6%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 96.7% of revenue deployed · 70.4% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.2M in reported program spending
- Leadership: top reported pay $143K · 18 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 2/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Officer compensation ratio scored 25/100.