NEW YORK, NY
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)PUBLIC ART FUND INC, founded in 1977, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 19% operating margin.
AS THE LEADER IN ITS FIELD, PUBLIC ART FUND BRINGS DYNAMIC CONTEMPORARY ART TO A BROAD AUDIENCE IN NEW YORK CITY AND BEYOND BY MOUNTING AMBITIOUS FREE EXHIBITIONS OF INTERNATIONAL SCOPE AND IMPACT THAT OFFER THE PUBLIC POWERFUL EXPERIENCES WITH ART AND THE URBAN ENVIRONMENT.
EXHIBITION PROGRAMPUBLIC ART FUND (PAF) ENGAGES ARTISTS OF DIFFERENT BACKGROUNDS WHOSE WORKS REFLECT DIFFERENT POINTS OF VIEW AND THE DIVERSITY OF NEW YORK CITY. PAF'S MAJOR INITIATIVES INCLUDE...
EXHIBITION PROGRAMPUBLIC ART FUND (PAF) ENGAGES ARTISTS OF DIFFERENT BACKGROUNDS WHOSE WORKS REFLECT DIFFERENT POINTS OF VIEW AND THE DIVERSITY OF NEW YORK CITY. PAF'S MAJOR INITIATIVES INCLUDE DYNAMIC EXHIBITIONS, INSTALLATIONS, AND NEW COMMISSIONS OF ARTWORK BY AN INTERNATIONAL ROSTER OF ARTISTS AT ALL POINTS IN THEIR CAREERS FROM EMERGING TO GLOBALLY RECOGNIZED. THESE PROJECTS BRING IMPORTANT WORKS OF ART OUTSIDE THE TRADITIONAL CONFINES OF MUSEUMS AND GALLERIES, DIRECTLY TO PLACES WHERE NEW YORKERS LIVE AND WORK-INCLUDING PARKS, PLAZAS, OUTDOOR ADVERTISING VENUES, AND OTHER UNEXPECTED SITES-WHERE THEY CAN BE EXPERIENCED FREE OF CHARGE. (SEE SCHEDULE O)EACH YEAR, PAF WORKS WITH ARTISTS TO CREATE SITE-RESPONSIVE WORKS FOR VARIED LOCATIONS THROUGHOUT NEW YORK CITY, AND TO DEBUT EXISTING SCULPTURES AND INSTALLATIONS. COMMISSIONING NEW WORKS INVOLVES DEVELOPING LONG-TERM RELATIONSHIPS BETWEEN PAF AND INDIVIDUAL ARTISTS; IT CAN TAKE FROM A FEW MONTHS TO SEVERAL YEARS TO DEVELOP A PROJECT AND ADDRESS THE COMPLEX TECHNICAL AND LOGISTICAL CONSIDERATIONS INVOLVED IN PRESENTING NEW WORKS IN THE PUBLIC REALM.PAF MAINTAINS A COLLABORATIVE APPROACH TO DEVELOPING PROJECTS, WHEREIN INDIVIDUAL ARTISTS RESPOND TO A SITE IN NEW YORK CITY. AS A RESULT, PAF'S INSTALLATIONS ARE CLOSELY INTEGRATED INTO THEIR LOCATIONS AND OFFER OPPORTUNITIES TO SEE THESE SITES IN NEW WAYS. TO MEET THE ORGANIZATION'S GOAL OF REACHING THE BROADEST POSSIBLE AUDIENCE, PROJECTS ARE LOCATED BOTH IN HIGHLY TRAFFICKED LOCATIONS AND SPREAD ACROSS NEW YORK CITY'S FIVE BOROUGHS. EDUCATION AND OUTREACH PROGRAMSPAF'S OUTREACH PROGRAMS EXPAND UPON ITS EXHIBITION ACTIVITIES BY MAKING THEM ACCESSIBLE TO A WIDER AUDIENCE. PAF PRODUCES DIDACTIC MATERIALS IN PRINT AND DIGITAL FORMATS TO SUPPORT EACH OF ITS PROJECTS, AND TO AID AUDIENCES IN ENJOYING AND UNDERSTANDING PUBLIC ART PROJECTS BY CONTEMPORARY ARTISTS. PAF'S AUDIENCE IS AS BROAD AND DIVERSE AS THE MAKE-UP OF NEW YORK CITY'S RESIDENTS AND VISITORS, AND IT IS ESTIMATED THAT SOME 11 MILLION PEOPLE EXPERIENCED A PAF EXHIBITION OR PROGRAM IN THE LAST YEAR.GIVEN THE UNIQUE CHALLENGES OF MOUNTING AN EXHIBITION OUTDOORS, PAF ALSO DEVOTES SIGNIFICANT RESOURCES TO ENGAGING WITH ITS ONLINE AUDIENCE THROUGH BOTH ITS WEBSITE AND SOCIAL MEDIA PLATFORMS. PUBLICARTFUND.ORG FEATURES EXTENDED INFORMATION ON EACH EXHIBITION AND ARTIST, AS WELL AS MAPS AND GENERAL INFORMATION ABOUT THE SHOWS. VIDEOS FOR EACH EXHIBITION ILLUMINATE THE ARTISTS' THOUGHT PROCESSES AND OFFER OPPORTUNITIES FOR ONLINE VIEWERS TO EXPERIENCE THE SHOWS FROM THE PERSPECTIVE OF AN IN-PERSON VISITOR. PUBLIC ART FUND CONTINUES TO PRESENT ITS SIGNATURE LECTURE SERIES, PUBLIC ART FUND TALKS, VIRTUALLY AND IN PERSON. ORGANIZED IN COLLABORATION WITH THE COOPER UNION, THEY CONNECT COMPELLING CONTEMPORARY ARTISTS TO A BROAD PUBLIC BY ESTABLISHING A DIALOGUE ABOUT ARTISTIC PRACTICES AND PUBLIC ART.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $6,895,069 | $4,219,910 | +0.6% |
| Expenses | $5,557,136 | $5,360,791 | +0.0% |
| Net Income | $1,337,933 | $-1,140,881 | -2.2% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ELIZABETH FEARON PEPPERMAN | CHAIR | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN K FREEDMAN | PRESIDENT | 40.00 |
Officer
Director
|
$337,294 | $18,929 | $356,223 |
| ANDREW R BROWNSTEIN ESQ | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HOLLY LIPTON | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER NEW | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHARLES B SHORT | TREASURER | 2.50 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN CELLI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELO CHAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY FISHER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA FITZMAURICE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM FLOYD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER HARRIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA E HARRIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREA KRANTZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA LENNON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RAFAEL LOZANO-HEMMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RONAY MENSCHEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUTHARD C MURPHY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUGLAS POLLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FARAH AL QASIMI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RASIKA REDDY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLISON RUSSO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN SEYMOUR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA SILVERSTEIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL STERNBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AI WEIWEI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WINE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS BAUME | ARTISTIC & EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$398,933 | $14,480 | $413,413 |
| LARRY GIANNECHINI | DEPUTY DIRECTOR - PROGRAMS/OPERATION | 40.00 |
Highest
|
$160,000 | $0 | $160,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $6,895,069 | $5,557,136 | $10,243,666 | $1,337,933 |
| 2022 | $4,219,910 | $5,360,791 | $8,654,486 | $-1,140,881 |
| 2021 | $4,378,132 | $2,365,111 | $9,627,066 | $2,013,021 |
| 2021 | $5,904,315 | $3,773,927 | $8,950,195 | $2,130,388 |
| 2020 | $3,775,928 | $4,758,014 | $6,383,326 | $-982,086 |
| 2019 | $6,287,437 | $5,468,999 | $6,768,512 | $818,438 |
| 2018 | $5,872,231 | $6,350,554 | $6,177,479 | $-478,323 |
Compare PUBLIC ART FUND INC with other nonprofits in New York and across the country.