THE TANK LTD

EIN: 010798319 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$1,638,687
Total Expenses
$1,745,400
Total Assets
$1,454,277
Net Assets
$311,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
Justin Krebs
Phone
2125636269
Tax Period
2024-07-01 to 2025-06-30

THE TANK LTD, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

The Tank is a small, Manhattan-based non-profit arts presenter and producer serving emerging artists. Our goal is to remove economic barriers from the creation of new work for artists launching their careers or experimenting within their art form, while being inclusive and accessible.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $742,676
Program Service Revenue $694,124
Investment Income $37
Other Revenue $201,850
TOTAL REVENUE $1,638,687

Expense Breakdown

Grants Paid $0
Salaries & Benefits $529,477
Fundraising Expenses $41,575
Program Expenses $1,494,403
Other Expenses $1,215,923
TOTAL EXPENSES $1,745,400

Year-over-Year Comparison

2024 2023 Change
Revenue $1,638,687 $1,425,868 +0.1%
Expenses $1,745,400 $1,661,828 +0.1%
Net Income $-106,713 $-235,960 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
47
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Meghan Finn Artistic Director 40.00
$60,004 $0 $60,004
Justin Krebs President 3.00
Officer Director
$0 $0 $0
Jenn de la Vega Member 3.00
Director
$0 $0 $0
Emily Perkins-Margolin Member 3.00
Director
$0 $0 $0
Eric Krebs Member 3.00
Director
$0 $0 $0
JJ Lind Member 3.00
Director
$0 $0 $0
Josh Luxenberg Member 3.00
Director
$0 $0 $0
Tiffany Rea-Fisher Member 3.00
Director
$0 $0 $0
Jill Rousseau Member 3.00
Director
$0 $0 $0
Anthony Sunga Secretary 3.00
Officer Director
$0 $0 $0
Patrick Rousseau Treasurer 3.00
Officer Director
$0 $0 $0
Rachel Schweitzer Member 3.00
Director
$0 $0 $0
Danielle King Member 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,638,687 $1,745,400 $1,454,277 $-106,713
2024 $1,425,868 $1,661,828 $1,872,843 $-235,960
2023 $1,683,961 $1,368,281 $2,273,753 $315,680
2022 $1,186,485 $1,069,498 $636,537 $116,987
2021 $763,649 $830,510 $485,523 $-66,861
2020 $992,372 $815,219 $405,601 $177,153
2019 $857,733 $856,364 $160,844 $1,369
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