OPENHOUSENEWYORK INC

EIN: 020540261 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$1,086,046
Total Expenses
$854,768
Total Assets
$521,030
Net Assets
$443,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
KRISTIN LABUZ
Phone
2157048388
Tax Period
2024-01-01 to 2024-12-31

OPENHOUSENEWYORK INC, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $231K, a strong 21% operating margin.

Mission

OPEN HOUSE NEW YORK PROMOTES BROAD, UNPARALLELED ACCESS TO THE CITY - TO THE PLACES, PEOPLE, PROJECTS, SYSTEMS, AND IDEAS THAT DEFINE NEW YORK AND ITS FUTURE.

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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 $904,670
Program Service Revenue $162,621
Investment Income $0
Other Revenue $18,755
TOTAL REVENUE $1,086,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $481,346
Fundraising Expenses $132,401
Program Expenses $577,974
Other Expenses $368,422
TOTAL EXPENSES $854,768

Year-over-Year Comparison

2024 2023 Change
Revenue $1,086,046 $949,631 +0.1%
Expenses $854,768 $1,074,672 -0.2%
Net Income $231,278 $-125,041 -2.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
20
Employees
7
Volunteers
924

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
5
$161,717
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA LOPERGOLO PRESIDENT 2.00
Officer Director
$0 $0 $0
SAUNDRA THOMAS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
AMY GILFENBAUM TREASURER 2.00
Officer Director
$0 $0 $0
ADAM ROLSTON SECRETARY 2.00
Officer Director
$0 $0 $0
SHERLEN ARCHIBALD BOARD MEMBER 2.00
Director
$0 $0 $0
FORTH BAGLEY BOARD MEMBER 2.00
Director
$0 $0 $0
CRISTOBAL CORREA BOARD MEMBER 2.00
Director
$0 $0 $0
MARK DIFFLEY BOARD MEMBER 2.00
Director
$0 $0 $0
DOROTHY DUNN BOARD MEMBER 2.00
Director
$0 $0 $0
LOUISE HARPMAN BOARD MEMBER 2.00
Director
$0 $0 $0
RACHEL JAFFE BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH KUBANY BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH LEBER BOARD MEMBER 2.00
Director
$0 $0 $0
RUCHIKA MODI BOARD MEMBER 2.00
Director
$0 $0 $0
LIZ NEUMARK BOARD MEMBER 2.00
Director
$0 $0 $0
CAROLINE OTTO BOARD MEMBER 2.00
Director
$0 $0 $0
KARIM REHMAT BOARD MEMBER 2.00
Director
$0 $0 $0
ANNE RIESELBACH BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT ROGERS BOARD MEMBER 2.00
Director
$0 $0 $0
CASSIM SHEPARD BOARD MEMBER 2.00
Director
$0 $0 $0
TY TRIPPET BOARD MEMBER 2.00
Director
$0 $0 $0
KRISTIN H LABUZ EXECUTIVE DIRECTOR 40.00
Officer
$140,097 $21,620 $161,717
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
2024 $1,086,046 $854,768 $521,030 $231,278
2023 $949,631 $1,074,672 $343,592 $-125,041
2022 $808,218 $850,841 $420,747 $-42,623
2022 $808,218 $850,841 $420,747 $-42,623
2021 $791,131 $701,380 $463,163 $89,751
2021 $791,131 $701,380 $463,163 $89,751
2020 $636,151 $511,424 $332,743 $124,727
2019 $871,624 $840,586 $253,785 $31,038
2018 $753,703 $626,805 $198,914 $126,898
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