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Arts, Culture, Humanities : Performing Arts

Park Avenue Armory

Blurring the boundaries between high art and pop culture

four stars

90.34

643 Park Avenue New York, NY 10065
tel: (212) 616-3930   Web Site
EIN: 13-4086800

Board Leadership
Amanda J.T. Riegel & Adam R. Flatto
Co-Chairs

CEO
Rebecca Robertson
President, Executive Producer

  Score
(out of 100)
Rating
Overall Score & Rating 90.34 four stars
  Financial 91.92 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Having served as the former home of the Seventh Regiment, Park Avenue Armory has transformed into a groundbreaking cultural institution that blurs the boundaries between high art and pop culture. Since 2007, the Armory has organized a series of immersive performances and installations that have drawn critical acclaim and popular attention working independently or collaborating with other cultural institutions. Concurrent with the development of its artistic program, the Armory has undertaken an ongoing revitalization of its historic building, reinvigorating the Armory's original design while stabilizing, preserving, and renewing the building for future generations.

Having served as the former home of the Seventh Regiment, Park Avenue Armory has transformed into a groundbreaking cultural institution that blurs the boundaries between high art and pop culture. Since 2007, the Armory has organized a series of immersive performances and installations that have drawn critical acclaim and popular attention working independently or collaborating with other cultural institutions. Concurrent with the development of its artistic program, the Armory has undertaken an ongoing revitalization of its historic building, reinvigorating the Armory's original design while stabilizing, preserving, and renewing the building for future generations.

Impact Information

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This impact information is current as of January 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

91.92

Accountability & Transparency

three stars

89.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
83.0%
  Administrative Expenses 6.6%
  Fundraising Expenses 10.3%
  Fundraising Efficiency $0.23
  Working Capital Ratio (years) 5.26
  Program Expenses Growth 14.4%
  Liabilities to Assets 3.7%
All data for Financial Performance Metrics calculations was provided by Park Avenue Armory on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Park Avenue Armory on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Park Avenue Armory (NY) 90.34 four stars
Bay Chamber Concerts (ME) 86.63 three stars
Society of the Four Arts (FL) 87.85 three stars
Performing Arts Fort Worth/Bass Performance Hall (TX) 95.05 four stars
Western Folklife Center (NV) 90.60 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,265,286
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $2,804,950
   Related Organizations $0
   Government Grants $6,426,490
Total Contributions $15,496,726
   Program Service Revenue $11,480,874
Total Primary Revenue $26,977,600
   Other Revenue $5,648,447
TOTAL REVENUE $32,626,047
   
EXPENSES  
   Program Expenses $23,555,787
   Administrative Expenses $2,035,483
   Fundraising Expenses $2,802,156
TOTAL FUNCTIONAL EXPENSES $28,393,426
   
Payments to Affiliates $0
Excess (or Deficit) for the year $4,232,621
   
Net Assets $198,760,632

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Park Avenue Armory has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 03/01/2020 90.34 four stars
2017-12 02/01/2019 91.92 four stars
2016-12 03/01/2018 91.31 four stars
2015-12 03/01/2017 91.95 four stars
2014-12 06/01/2016 91.21 four stars
 
CN 2.0
2014-12 03/01/2016 91.68 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-4086800
Name in IRS Master File SEVENTH REGIMENT ARMORY CONSERVANCY INC
NTEE Code A80
NTEE Classification Historical Societies, Related Historical Activities
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$465,475 1.63% Rebecca Robertson President

Highly Rated

Charity Name & State Overall Score Overall Rating
Park Avenue Armory (NY) 90.34 four stars
CAPA New Haven (CT) 89.15 three stars
GoggleWorks Center for the Arts (PA) 97.27 four stars
Western Folklife Center (NV) 90.60 four stars
Celebrity Series of Boston (MA) 91.98 four stars

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Charity Contact Info

Park Avenue Armory
643 Park Avenue
New York, NY 10065
tel: (212) 616-3930
fax: (212) 249-5518
EIN: 13-4086800

Visit Web Site

Board Leadership

Amanda J.T. Riegel & Adam R. Flatto
Co-Chairs

CEO

Rebecca Robertson
President, Executive Producer

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