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Arts, Culture, Humanities : Performing Arts

Park Avenue Armory

Blurring the boundaries between high art and pop culture

four stars

90.31

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 90.31 four stars
  Financial 91.84 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 06/01/2021 and includes data from FY2019, 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.

Financial

four stars

91.84

Accountability & Transparency

three stars

89.00

This rating was published 06/01/2021 and includes data from FY2019, 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)
82.7%
  Administrative Expenses 7.2%
  Fundraising Expenses 10.0%
  Fundraising Efficiency $0.24
  Working Capital Ratio (years) 4.83
  Program Expenses Growth 12.2%
  Liabilities to Assets 3.0%
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) 90.31 four stars
Arts Cleveland (OH) 89.25 three stars
Denver Center for the Performing Arts (CO) 86.19 three stars
New Jersey Performing Arts Center (NJ) 96.57 four stars
The Grand 1894 Opera House (TX) 85.13 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,355,118
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $3,676,775
   Related Organizations $0
   Government Grants $729,360
Total Contributions $10,761,253
   Program Service Revenue $13,729,720
Total Primary Revenue $24,490,973
   Other Revenue $3,926,834
TOTAL REVENUE $28,417,807
   
EXPENSES  
   Program Expenses $26,086,257
   Administrative Expenses $2,292,925
   Fundraising Expenses $3,113,853
TOTAL FUNCTIONAL EXPENSES $31,493,035
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,075,228
   
Net Assets $203,527,268

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 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 06/01/2021 90.31 four stars
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, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$472,366 1.49% Rebecca Robertson President

Highly Rated

Charity Name & State Overall Score Overall Rating
Park Avenue Armory (NY) 90.31 four stars
Richmond Performing Arts Alliance (VA) 88.57 three stars
Ravinia Festival (IL) 92.67 four stars
Landmark on Main Street (NY) 86.22 three stars
The John F. Kennedy Center for the Performing Arts (DC) 88.74 three 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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