NEW YORK, NY
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Sign In — Free (10 views/day)SEVENTH REGIMENT ARMORY CONSERVANCY INC, founded in 1999, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $23.0M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $35.1M exceeded revenue, resulting in a 53% operating deficit.
PARK AVENUE ARMORY'S MISSION IS TO ENABLE A DIVERSE RANGE OF ARTISTS TO CREATE, STUDENTS TO EXPLORE, AND AUDIENCES TO EXPERIENCE EPIC, ADVENTUROUS, RELEVANT WORK THAT CANNOT BE DONE ELSEWHERE IN NEW YORK. WITH ITS SOARING 55,000-SQUARE-FOOT WADE THOMPSON DRILL HALL AND AN ARRAY OF EXUBERANT PERIOD ROOMS, THE ARMORY FILLS A CRITICAL VOID IN THE CULTURAL ECOLOGY OF NEW YORK, SUPPORTING UNCONVENTIONAL WORKS IN THE PERFORMING AND VISUAL ARTS THAT CANNOT BE FULLY REALIZED IN A TRADITIONAL PROSCENIUM THEATER, CONCERT HALL, OR WHITE WALL GALLERY. THE ARMORY HAS BEEN LAUDED AS "ONE OF THE MOST AMBITIOUS ARTS PRESENTERS IN THE CITY, IF NOT THE COUNTRY" (WALL STREET JOURNAL), WITH THE NEW YORKER DECLARING THAT "THE ARMORY'S PROGRAMMING HAS BECOME ESSENTIAL TO THE NEW YORK LIFE." ALONGSIDE ADVENTUROUS ARTISTIC PROGRAMMING, THE ARMORY OFFERS CREATIVITY-BASED ARTS EDUCATION PROGRAMS AT NO COST TO THOUSANDS OF STUDENTS FROM UNDERSERVED NEW YORK CITY PUBLIC SCHOOLS. ARMORY ARTS EDUCATION PROGRAMS DEE
IN 2023, PARK AVENUE ARMORY PRESENTED A WIDE RANGE OF EXCEPTIONAL, UNCONVENTIONAL WORKS, INCLUDING NEW COMMISSIONS AND ACCLAIMED EXISTING PRODUCTIONS RETROFITTED TO THE WADE THOMPSON DRILL HALL, AS...
IN 2023, PARK AVENUE ARMORY PRESENTED A WIDE RANGE OF EXCEPTIONAL, UNCONVENTIONAL WORKS, INCLUDING NEW COMMISSIONS AND ACCLAIMED EXISTING PRODUCTIONS RETROFITTED TO THE WADE THOMPSON DRILL HALL, AS WELL AS NEW YORK DEBUTS FROM SINGULAR ARTISTIC VOICES. IN CONJUNCTION WITH EACH PRODUCTION, FREE ARTS EDUCATION PROGRAMS IMMERSED THOUSANDS OF ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS FROM HISTORICALLY UNDER-RESOURCED NEW YORK CITY PUBLIC SCHOOLS WITH VISIONARY ARTISTS AND THEIR CREATIVE PROCESSES. DRILL HALL PRODUCTIONS: LOVE (FEBRUARY 28 - MARCH 25, 2023): WRITTEN AND DIRECTED BY ALEXANDER ZELDIN, LOVE DEPICTED THREE FAMILIES PLACED IN TEMPORARY ACCOMMODATION IN THE PERIOD LEADING UP TO CHRISTMAS: A MIDDLE-AGED MAN AND HIS ELDERLY MOTHER, A YOUNG FAMILY EXPECTING A NEW BABY, AND A WOMAN WHO IS A REFUGEE FROM SUDAN. REIMAGINED FOR THE VAST WADE THOMPSON DRILL HALL FOR ITS NORTH AMERICAN PREMIERE AFTER A CRITICALLY ACCLAIMED TOUR IN EUROPE AND THE UK, THE ARMORY'S PRESENTATION OF LOVE WAS NAMED A CRITIC'S PICK BY THE NEW YORK TIMES AND IMMERSED AUDIENCES IN A STORY ABOUT FAMILY AND THE RESILIENCE OF THE HUMAN SPIRIT FOR OUR TIMES. THE DOCTOR (JUNE 3 - AUGUST 19, 2023): CELEBRATED DIRECTOR ROBERT ICKE RETURNED TO THE ARMORY, AFTER RECEIVING TWO NEW YORK TIMES CRITIC'S PICKS FOR HAMLET AND ORESTEIA IN 2022, WITH THE NORTH AMERICAN PREMIERE OF THE DOCTOR STARRING HIS LONGTIME COLLABORATOR, JULIET STEVENSON. THE DOCTOR WAS A FREE ADAPTATION OF ARTHUR SCHNITZLER'S PROFESSOR BERNHARDI, AND EXPLORED THE CLASH BETWEEN SCIENCE AND RELIGION, AS WELL AS THE RIGHTS OF INDIVIDUALS AND HOW IDENTITIES COLLIDE. DOPPELGANGER (SEPTEMBER 22 - 28, 2023): IN A RARE SOLO PERFORMANCE, JONAS KAUFMANN, KNOWN AS "THE WORLD'S GREATEST TENOR" (TELEGRAPH UK), APPEARED IN THE WADE THOMPSON DRILL HALL IN A NEW ARMORY COMMISSION THAT WAS ALSO NAMED A CRITIC'S PICK BY THE NEW YORK TIMES. A THEATRICAL STAGING OF FRANZ SCHUBERT'S DEEPLY EMOTIONAL SONG CYCLE SCHWANENGESANG ("SWAN SONG"), DOPPELGANGER WAS LED BY ONE OF OPERA'S MOST ADVENTUROUS DIRECTORS, CLAUS GUTH, WITH SETS BY AWARD-WINNING DESIGNER MICHAEL LEVINE, AND LIGHTING DESIGN BY URS SCHNEBAUM. MUTANT; DESTRUDO (OCTOBER 11 - 15, 2023): VENEZUELAN MUSICIAN AND MULTIMEDIA ARTIST ARCA MADE HER DEBUT IN THE WADE THOMPSON DRILL HALL WITH A NEW ARMORY COMMISSION, MUTANT; DESTRUDO. A GRAMMY AND LATIN GRAMMY AWARD NOMINEE AS WELL AS RECENT UK MUSIC VIDEO AWARD WINNER, SHE HAS WORKED WITH FKA TWIGS, BJRK, AND LADY GAGA, AND COMPOSED A CONSTANTLY TRANSFORMING SOUNDTRACK FOR THE MUSEUM OF MODERN ART'S LOBBY USING ARTIFICIAL INTELLIGENCE. THE RITE OF SPRING / COMMON GROUND[S] (NOVEMBER 29 - DECEMBER 14, 2023): CLOSING THE 2023 SEASON WERE TWO WORKS OF CONTEMPORARY DANCE: THE RITE OF SPRING AND COMMON GROUND[S]. IN ICONIC GERMAN CHOREOGRAPHER PINA BAUSCH'S MONUMENTAL THE RITE OF SPRING - SET TO IGOR STRAVINSKY'S SCORE - A "CHOSEN ONE" IS SACRIFICED, CHANGING THE SEASON FROM WINTER TO SPRING. FOR THIS THRILLING STAGING OF BAUSCH'S TRAILBLAZING WORK - NAMED A CRITIC'S PICK BY THE NEW YORK TIMES - SENEGALESE CHOREOGRAPHER AND DANCER GERMAINE ACOGNY, FOUNDER OF DANCE COMPANY COLE DES SABLES AND WIDELY CONSIDERED TO BE, "THE MOTHER OF AFRICAN CONTEMPORARY DANCE," SPECIALLY ASSEMBLED A COLLECTIVE OF 34 DANCERS FROM 14 AFRICAN COUNTRIES. COMMON GROUND[S] WAS A NEW WORK CHOREOGRAPHED AND PERFORMED BY ACOGNY AND CHOREOGRAPHER AND DANCER MALOU AIRAUDO, WHO PERFORMED LEADING ROLES IN MANY OF BAUSCH'S EARLY WORKS AS A MEMBER OF TANZTHEATER WUPPERTAL PINA BAUSCH. A POETIC AND TENDER ANTIDOTE TO RITE, THE DUET EXPLORED AGE, ANCESTRY, AND OUR COMMON HUMAN THREAD.
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 | $23,012,613 | $25,775,418 | -0.1% |
| Expenses | $35,131,903 | $39,873,994 | -0.1% |
| Net Income | $-12,119,290 | $-14,098,576 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| REBECCA ROBERTSON | PRESIDENT/DIRECTOR | 50.0 |
Officer
Director
|
$593,163 | $55,179 | $648,342 |
| MELANIE FORMAN | CHIEF DEVELOPMENT OFFICER | 32.0 |
Key Emp
|
$308,441 | $19,695 | $328,136 |
| MICHAEL LONERGAN | CHIEF ARTISTIC PRODUCER | 50.0 |
Highest
|
$276,716 | $17,833 | $294,549 |
| PAUL KING | DIRECTOR OF PRODUCTION | 50.0 |
Key Emp
|
$249,911 | $44,390 | $294,301 |
| JENNIFER KIM | CHIEF OPERATING OFFICER | 50.0 |
Key Emp
|
$233,773 | $15,454 | $249,227 |
| THOMAS TRAYER | DIRECTOR OF MARKETING | 50.0 |
Highest
|
$197,434 | $22,353 | $219,787 |
| JAMES McGLYNN | CFO (THRU 09/23) | 50.0 |
Officer
|
$187,849 | $23,523 | $211,372 |
| Ashlee Willaman | Director of Human Resources | 50.0 |
Highest
|
$183,494 | $25,767 | $209,261 |
| MARC VON BRAUNSBERG | DIR. OF OPERATIONS & SECURity | 50.0 |
Highest
|
$166,612 | $10,849 | $177,461 |
| Claire Marberg | Production Manager | 50.0 |
Highest
|
$150,717 | $21,302 | $172,019 |
| KIRSTEN REOCH THRU 092023 | DIR.OF CAPITAL PLANNING | 50.0 |
Officer
|
$131,561 | $22,843 | $154,404 |
| Judith Rubin | CFO (EFF. 10/2023) | 50.0 |
Officer
|
$36,912 | $889 | $37,801 |
| ELIHU ROSE PHD | Chairman Emeritus | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| ADAM R FLATTO | Co-Chair | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| AMANDA JT RIEGEL | Co-Chair | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID FOX | Vice President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| PABLO LEGORRETA | Vice President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| EMANUEL STERN | Vice President, Treasurer | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| MARINA ABRAMOVIC | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| SIR DAVID ADJAYE OBE | DIRECTOR (THRU 7/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| ABIGAIL BARATTA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| DR JOYCE F BROWN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| CORA CAHAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| HELENE COMFORT | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| PAUL CRONSON | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Jonathan L Davis | DIRECTOR (EFF. 2/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| TINA R DAVIS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JESSIE DING | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| SANFORD B EHRENKRANZ | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| ROBERTA GARZA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Kimberly E Greenberg | DIRECTOR (EFF. 9/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| MARJORIE L HART | DIRECTOR (THRU 1/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| BRANDEN JACOBS-JENKINS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| SAMHITA JAYANTI | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Adrienne Katz | DIRECTOR (EFF. 4/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| BG EDWARD GKLEIN NYNGRET | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| RALPH LEMON | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JASON MORAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JANET C ROSS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Stephanie Sharp | DIRECTOR (EFF. 12/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| JOAN STEINBERG | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| PETER ZHOU | DIRECTOR (THRU 12/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| ANDREW GUNDLACH | DIRECTOR (THRU 12/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $23,012,613 | $35,131,903 | $271,905,924 | $-12,119,290 |
| 2022 | $25,775,418 | $39,873,994 | $277,122,381 | $-14,098,576 |
| 2021 | $25,857,761 | $27,743,098 | $306,083,724 | $-1,885,337 |
| 2020 | $23,303,674 | $22,992,650 | $211,213,544 | $311,024 |
| 2019 | $28,417,807 | $31,493,035 | $209,910,595 | $-3,075,228 |
| 2018 | $32,626,047 | $28,393,426 | $206,531,700 | $4,232,621 |
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