The Hastings Center Inc

EIN: 132662222 501(c)(3)

GARRISON, NY

Total Revenue
$3,408,952
Total Expenses
$4,652,665
Total Assets
$13,146,087
Net Assets
$12,656,262
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NY
Phone
8454244040
Tax Period
2023-01-01 to 2023-12-31

The Hastings Center Inc, founded in 1969, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $4.7M exceeded revenue, resulting in a 36% operating deficit.

Mission

THE CENTER PRODUCES SCHOLARSHIP AND PUBLICATIONS ON ETHICAL QUESTIONS IN MEDICINE, SCIENCE, AND TECHNOLOGY THAT HELP INFORM POLICY, PRACTICE, AND PUBLIC UNDERSTANDING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,892,166
Program Service Revenue $211,317
Investment Income $275,927
Other Revenue $29,542
TOTAL REVENUE $3,408,952

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,295,762
Fundraising Expenses $320,437
Program Expenses $3,473,126
Other Expenses $1,356,903
TOTAL EXPENSES $4,652,665

Year-over-Year Comparison

2023 2022 Change
Revenue $3,408,952 $3,632,311 -0.1%
Expenses $4,652,665 $4,470,275 +0.0%
Net Income $-1,243,713 $-837,964 +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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
21
Employees
30
Volunteers
21

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
$604,264
Total Directors
23
$340,817
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A CHAIRMAN 6.0
Officer Director
$0 $0 $0
N/A President/CEO (through 6/30), President Emerita 35.0
Officer Director
$185,796 $17,633 $203,429
N/A SECRETARY 3.0
Officer Director
$0 $0 $0
N/A PRESIDENT & CEO 35.0
Officer Director
$134,318 $3,070 $137,388
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 6.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A TRUSTEE 3.0
Director
$0 $0 $0
N/A COO/CFO 26.0
Officer
$218,784 $44,663 $263,447
N/A SENIOR RESEARCH SCHOLAR 35.0
Highest
$153,694 $33,372 $187,066
N/A DIRECTOR, EDITORIAL DEPT., SEN 35.0
Highest
$154,813 $13,360 $168,173
N/A CHIEF ENGAGEMENT OFFICER 35.0
Highest
$164,007 $14,141 $178,148
N/A SENIOR RESEARCH SCHOLAR 35.0
Highest
$130,427 $21,558 $151,985
N/A CHIEF ADVANCEMENT OFFICER 35.0
Highest
$180,992 $32,443 $213,435
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 No data No data No data No data
2023 $3,408,952 $4,652,665 $13,146,087 $-1,243,713
2022 $3,632,311 $4,470,275 $13,047,023 $-837,964
2021 $3,675,360 $4,370,535 $16,202,430 $-695,175
2020 $4,590,001 $4,292,872 $16,088,411 $297,129
2019 $8,843,586 $3,952,694 $14,250,523 $4,890,892
2018 $3,026,023 $3,711,217 $8,656,849 $-685,194
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