EAST SETAUKET, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GALLERY NORTH INC, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.2M, a strong 59% operating margin.
GALLERY NORTH IS A NOT-FOR-PROFIT FINE ART GALLERY WITH A MISSION TO PRESENT EXHIBITIONS OF CONTEMPORARY ARTISTS AND CRAFTS PERSONS, TO ASSIST AND ENCOURAGE ARTISTS BY BRINGING THEIR WORK TO THE ATTENTION OF THE PUBLIC, AND TO STIMULATE INTEREST IN THE ARTS BY PRESENTING INNOVATIVE, EDUCATIONAL PROGRAMS. FURTHERMORE, GALLERY NORTH IS ORGANIZED TO SUPPORT ARTISTS OF THE LONG ISLAND REGION, TO OFFER EXHIBITIONS AND PROGRAMMING FOR THE ENJOYMENT OF CITIZENS OF THE STATE OF NEW YORK, TO EMBRACE THE ROLE OF DIVERSITY IN STRENGTHENING THE ARTS, AND TO ENGAGE IN LAWFUL ACTS OR ACTIVITIES FOR WHICH NOT-FOR-PROFIT CORPORATIONS MAY BE ORGANIZED UNDER NEW YORK NOT-FOR-PROFIT CORPORATION LAW.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,980,808 | $2,535,185 | -0.2% |
| Expenses | $814,389 | $668,050 | +0.2% |
| Net Income | $1,166,419 | $1,867,135 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| EDWARD PUCHNER | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$110,000 | $0 | $110,000 |
| NANCY GOROFF | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEX BADALAMENTI | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL ARDOLINO | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| NEIL MACDONALD | VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANICE GABRIEL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE GRESS | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TALI HINKIS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| NADIA BUSSEUIL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH FISH | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ROBERTA GORDON | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| KAREN LEVITOV | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,980,808 | $814,389 | $4,746,975 | $1,166,419 |
| 2023 | $2,535,185 | $668,050 | $3,904,198 | $1,867,135 |
| 2022 | $820,462 | $620,061 | $2,086,364 | $200,401 |
| 2021 | $416,383 | $466,382 | $1,967,190 | $-49,999 |
| 2020 | $404,218 | $466,692 | $1,983,146 | $-62,474 |
| 2019 | $489,716 | $516,341 | $2,082,491 | $-26,625 |
| 2019 | $489,716 | $516,343 | $2,082,491 | $-26,627 |
| 2018 | $327,389 | $391,945 | $1,634,856 | $-64,556 |
Compare GALLERY NORTH INC with other nonprofits in New York and across the country.