HUDSON RIVER MUSEUM OF WESTCHESTER

🔒

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

Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

MARY A TURCHINSKY

Phone

9149634550

Tax Period

2024-07-01 to 2025-06-30

HUDSON RIVER MUSEUM OF WESTCHESTER, founded in 1948, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.7M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $11.4M represent 37 months of operating reserves.

Mission

SITUATED ON THE BANKS OF THE HUDSON RIVER IN YONKERS, NEW YORK, THE HUDSON RIVER MUSEUM'S MISSION IS TO ENGAGE, INSPIRE, AND CONNECT DIVERSE COMMUNITIES THROUGH THE POWER OF THE ARTS, SCIENCES, AND HISTORY.

Program Service Accomplishments

Program 1

Expenses: $761,214 Revenue: $531,514

PUBLIC PROGRAMS: INCLUDES LECTURES, WORKSHOPS, CONCERTS, SEMINARS, PERFORMANCES AND PRESENTATIONS TO VISITORS AND COMMUNITY GROUPS ON A REGULAR BASIS. ALSO INCLUDES ALL OF THE FUNCTIONS NECESSARY TO OPERATE THE MUSEUM'S PROGRAMS ON A 7-DAY-A-WEEK BASIS INCLUDING MAINTENANCE OF EXHIBITIONS, SECURITY OF EXHIBITIONS AND COLLECTIONS, AND VISITOR SERVICES, TOGETHER WITH ACTIVITIES RELATED TO THE UPGRADE AND EXPANSION OF GALLERIES AND PROGRAM FACILITIES.

Program 2

Expenses: $990,218 Revenue: $206,214

EXHIBITIONS & CURATORIAL: EXHIBIT, INTERPRET AND RESEARCH COLLECTIONS INCLUDING ART AND HISTORICAL OBJECTS. MAINTAIN, INTERPRET, RESEARCH GLENVIEW, 1876 HOUSE LISTED ON NATIONAL HISTORIC REGISTER...

EXHIBITIONS & CURATORIAL: EXHIBIT, INTERPRET AND RESEARCH COLLECTIONS INCLUDING ART AND HISTORICAL OBJECTS. MAINTAIN, INTERPRET, RESEARCH GLENVIEW, 1876 HOUSE LISTED ON NATIONAL HISTORIC REGISTER. DEVELOPED AND PRESENTED SPECIAL EXHIBITIONS INCLUDING RED GROOMS: DRAWING THE BOOKSTORE; NO BODIES: CLOTHING AS DISRUPTER; A FEAST FOR THE EYES: SUMPTUOUS STILL LIFES; SMOKE IN OUR HAIR: NATIVE MEMORY AND UNSETTLED TIME; ALVIN C. HOLLINGSWORTH: AND ALL THAT JAZZ; NEIGHBORING VISIONS: WESTCHESTER ARTISTS THEN AND NOW; CLAY CONVERSATIONS: CERAMICS FROM THE GILDED TO THE DIGITAL AGE; THIS GALLERY IS A POEM: UNEARTHING STORIES FROM THE COLLECTION; FACES AND FIGURES: RECENT ACQUISITIONS.

Program 3

Expenses: $537,609 Revenue: $232,600

EDUCATION: DEVELOPS PROGRAMS THAT PROVIDE EDUCATIONAL EXPERIENCES FOR ALL AGES INCLUDING K-12 SCHOOL CHILDREN AND COLLEGE STUDENTS. DEVELOPS AND PRESENTS PROGRAMS THAT PROVIDE IN-SERVICE TRAINING FOR TEACHERS. WORKS CLOSELY WITH PARTNER SCHOOLS TO DEVELOP CURRICULUM WITH THE SCHOOLS. MAINTAINS A JUNIOR DOCENT PROGRAM, A DEDICATED LEADERSHIP TRAINING PROGRAM FOR PUBLIC HIGH SCHOOL STUDENTS THAT FOCUSES ON SKILL DEVELOPMENT, COLLEGE READINESS, AND INCLUDES MENTORSHIPS AT THE MUSEUM.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,922,315

Program Service Revenue $614,978

Investment Income $153,038

Other Revenue $16,000

TOTAL REVENUE $3,706,331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,538,661

Fundraising Expenses $360,961

Program Expenses $2,948,400

Other Expenses $1,336,058

TOTAL EXPENSES $3,874,719

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,706,331	$4,082,183	-0.1%
Expenses	$3,874,719	$3,912,300	0.0%
Net Income	$-168,388	$169,883	-2.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$350,595

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER I HUFFMAN	TRUSTEE	1.00	Director	$0	$0	$0
JULIA SANTOS SOLOMON	TRUSTEE	1.00	Director	$0	$0	$0
KATHRYN B WELCH	TRUSTEE	1.00	Director	$0	$0	$0
JAMES MCELHINNEY	TRUSTEE	1.00	Director	$0	$0	$0
TAMMY M TORRES	TRUSTEE	1.00	Director	$0	$0	$0
LORRAINE SHANLEY	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN FRAYSSE RUSS	TRUSTEE	1.00	Director	$0	$0	$0
ANGELIQUE PIWINSKI	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTINA O'NEILL	TRUSTEE	1.00	Director	$0	$0	$0
NANCY MONTAG	TRUSTEE	1.00	Director	$0	$0	$0
ROBIN K LIEBOWITZ	TRUSTEE	1.00	Director	$0	$0	$0
ELISE J KESSLER	TRUSTEE	1.00	Director	$0	$0	$0
YOLANDA F JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH JACOBS MD	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN E HALLIWELL	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTINA HA	TRUSTEE	1.00	Director	$0	$0	$0
HOPE DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN E CRAY	TRUSTEE	1.00	Director	$0	$0	$0
DEBRA A BLAIR	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE BERNACCHIA	TRUSTEE	1.00	Director	$0	$0	$0
KATE BUGGELN	TRUSTEE	1.00	Director	$0	$0	$0
CONRAD MEYER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ELIZABETH BRACKEN-THOMPSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEFFREY ROUDE	TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS A D'AURIA	CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM MASCETTA	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID BRENT	TRUSTEE	1.00	Director	$0	$0	$0
MARION FREEDMAN	ASSISTANT DIRECTOR, FINANC	40.00	Officer	$89,012	$11,486	$100,498
MARY TURCHINSKY	DIRECTOR AND CEO	60.00	Officer	$238,611	$11,486	$250,097
SAMANTHA HOOVER	DEPUTY DIRECTOR, ENGAGEMEN	40.00	Highest	$143,303	$0	$143,303

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	$3,706,331	$3,874,719	$12,184,152	$-168,388
2024	No data	No data	No data	No data
2023	$3,415,725	$3,070,374	$9,479,062	$345,351
2022	$3,283,737	$2,915,463	$3,785,078	$368,274
2021	$3,336,055	$2,649,471	$4,230,315	$686,584
2020	$2,246,729	$2,688,137	$3,180,532	$-441,408
2019	$2,787,038	$3,005,610	$3,442,986	$-218,572
2018	$2,902,356	$2,559,264	$3,855,792	$343,092