HECKSCHER MUSEUM

EIN: 116038031 501(c)(3) Arts, Culture & Humanities

HUNTINGTON, NY

Total Revenue
$2,320,858
Total Expenses
$2,638,373
Total Assets
$9,596,020
Net Assets
$8,521,280
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
NY
Principal Officer
HEATHER ARNET
Phone
6313803230
Tax Period
2024-01-01 to 2024-12-31

HECKSCHER MUSEUM, founded in 1957, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $2.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

MUSEUM HAS A MISSION TO CREATE OPPORTUNTIES FOR EVERYONE TO EXPERIENCE ART THAT BROADENS UNDERSTANDING OF THE PAST, FOSTERS COMMUNITY CONNECTIONS TO THE PRESENT, AND CREATES DIVERSE POSSBILITIES FOR THE FUTURE.

Program Service Accomplishments

Program 1
Expenses: $1,072,843

THE MUSEUM PRESENTS ORIGINAL EXHIBITION CONTENT AND SCHOLARSHIP THAT SPEAK TO A BROAD AND DIVERSE AUDIENCE. FOUR EXHIBITIONS PER YEAR EXPLORE COMPELLING FACETS OF THE HUMAN EXPERIENCE, FEATURING...

Read more

THE MUSEUM PRESENTS ORIGINAL EXHIBITION CONTENT AND SCHOLARSHIP THAT SPEAK TO A BROAD AND DIVERSE AUDIENCE. FOUR EXHIBITIONS PER YEAR EXPLORE COMPELLING FACETS OF THE HUMAN EXPERIENCE, FEATURING ARTWORK FROM THE PERMANENT COLLECTION AND LOANS FROM OTHER INSTITUTIONS, COLLECTORS, AND ARTISTS REACHING OVER 100,000 VISITORS IN PERSON, AND ONLINE, EACH YEAR. DEMONSTRATING THE MUSEUM'S COMMITMENT TO BRINGING ATTENTION TO UNDERREPRESENTED VOICES, THESE EXHIBITIONS HIGHLIGHT ARTWORK BY RACIALLY AND ETHNICALLY DIVERSE ARTISTS AND OTHER MARGINALIZED GROUPS. THE PERMANENT COLLECTION IS COMPRISED OF MORE THAN 2,300 ARTWORKS SPANNING THE NINETEENTH CENTURY TO THE PRESENT. EXPENSES INCLUDE CONSERVATION, CARE AND MAINTENANCE OF THE MUSEUM'S COLLECTION, CULTORIAL RESEARCH AND SCHOLARSHIP, EXHIBITION DESIGN AND DEVELOPMENT.

Program 2
Expenses: $620,367 Revenue: $64,712

PUBLIC PROGRAMS SERVE BOTH THE LOCAL AND WIDER COMMUNITY THROUGH PROGRAMMING FOR ADULTS, FAMILIES AND CHILDREN INCLUDING LECTURES, CONCERTS, BOOK GROUPS AND HANDS-ON WORKSHOPS. OVER A HUNDRED...

Read more

PUBLIC PROGRAMS SERVE BOTH THE LOCAL AND WIDER COMMUNITY THROUGH PROGRAMMING FOR ADULTS, FAMILIES AND CHILDREN INCLUDING LECTURES, CONCERTS, BOOK GROUPS AND HANDS-ON WORKSHOPS. OVER A HUNDRED IN-PERSON AND VIRTUAL PUBLIC PROGRAMS CONDUCTED ANNUALLY, ATTENDED BY 15,000 CHILDREN, FAMILIES, AND ADULTS. THESE INCLUDE: DUAL LANGUAGE FAMILY HOURS; YOUTH AMBASSADORS; "LUNAR NEW YEAR", "PRIDE AND JUNETEENTH CELEBRATIONS; FIRST FRIDAY CONCERT SERIES; MUSEUM SUMMER PALETTE CAFE; AND THE ANNUAL "DRAW OUT" COMMUNITY ARTS FESTIVAL. PUBLIC PROGRAMS ARE DEVELOPED IN COLLABORATION WITH COMMUNITY STAKEHOLDERS, LEADERS, AND VOLUNTEERS. THE MUSEUM SERVES AS A COMMUNITY CENTER FOR PUBLIC PROGRAMS AND GATHERINGS FOR THE COMMUNITY AS A WHOLE.

Program 3
Expenses: $434,190

HUNTINGTON EDUCATION PROGRAMS OFFER MULTIFACETED PROGRAMMING TO A DIVERSE POPULATION REACHING MORE THAN 6,000 STUDENTS AND 100 SCHOOLS ANNUALLY. LONG ISLAND'S BEST: YOUNG ARTISTS AT THE HECKSCHER...

Read more

HUNTINGTON EDUCATION PROGRAMS OFFER MULTIFACETED PROGRAMMING TO A DIVERSE POPULATION REACHING MORE THAN 6,000 STUDENTS AND 100 SCHOOLS ANNUALLY. LONG ISLAND'S BEST: YOUNG ARTISTS AT THE HECKSCHER MUSEUM CONTINUES TO PROVIDE HIGH SCHOOL STUDENTS WITH IN-DEPTH ARTS LEARNING EXPERIENCES AND IS THE ONLY PROFESSIONALLY PRESENTED JURIED EXHIBITION ORGANIZED BY A LONG ISLAND MUSEUM. SEVENTY-SEVEN SCHOOLS PARTICIPATED IN LONG ISLAND'S BEST EDUCATION PROGRAMS LEADING TO THE CREATION OF ORIGINAL WORKS OF ART BY THE STUDENTS. THE NUMBER OF STUDENT WORKS SUBMITTED TO THE JURIED COMPETITION WAS 456. EIGHTY-SEVEN WORKS WERE SELECTED FOR EXHIBITION. THE FIVE-WEEK EXHIBIT ATTRACTED 1,530 VISITORS AND WAS VIEWED ONLINE BY 3,550 UNIQUE VIEWERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,967,631
Program Service Revenue $63,485
Investment Income $304,582
Other Revenue $-14,840
TOTAL REVENUE $2,320,858

Expense Breakdown

Grants Paid $11,010
Salaries & Benefits $1,660,095
Fundraising Expenses $156,460
Program Expenses $2,127,400
Other Expenses $967,268
TOTAL EXPENSES $2,638,373

Year-over-Year Comparison

2024 2023 Change
Revenue $2,320,858 $1,721,422 +0.3%
Expenses $2,638,373 $2,584,340 +0.0%
Net Income $-317,515 $-862,918 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
24
Volunteers
80

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
6
$197,941
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE A LEV BOARD CHAIR 2.00
Officer Director
$0 $0 $0
TRUDY H CALABRESE VICE CHAIR 2.00
Officer Director
$0 $0 $0
ROBERT J AQUILINA VICE CHAIR 2.00
Officer Director
$0 $0 $0
PRISCILLA HUGHES TREASURER 2.00
Officer Director
$0 $0 $0
RICHARD T CUNNIFF JR SECRETARY 2.00
Officer Director
$0 $0 $0
PIEN BOSCH TRUSTEE 2.00
Director
$0 $0 $0
JESSICA BRASSLER TRUSTEE 2.00
Director
$0 $0 $0
COLETTE BUZETTA TRUSTEE 2.00
Director
$0 $0 $0
JOHN T CALLAGHAN TRUSTEE 2.00
Director
$0 $0 $0
JOHN E CORAOR TRUSTEE 2.00
Director
$0 $0 $0
MARGY HARGRAVES TRUSTEE 2.00
Director
$0 $0 $0
BETTE SCHNEIDERMAN TRUSTEE 2.00
Director
$0 $0 $0
BRUCE SEGEL TRUSTEE 2.00
Director
$0 $0 $0
HEATHER ARNET CHIEF EXECUTIVE OFFICER 50.00
Officer
$190,518 $7,423 $197,941
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 $2,320,858 $2,638,373 $9,596,020 $-317,515
2023 $1,721,422 $2,584,340 $9,356,017 $-862,918
2022 $1,840,593 $2,150,740 $9,561,660 $-310,147
2021 $2,010,060 $1,931,643 $11,450,757 $78,417
2020 $1,652,869 $1,888,263 $10,695,865 $-235,394
2019 $1,527,220 $1,923,089 $10,327,005 $-395,869
2018 $1,462,304 $1,783,182 $9,744,524 $-320,878
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HECKSCHER MUSEUM with other nonprofits in New York and across the country.