GARRISON ART CENTER INC

EIN: 136201469 501(c)(3) Arts, Culture & Humanities

GARRISON, NY

Total Revenue
$770,744
Total Expenses
$699,017
Total Assets
$1,045,315
Net Assets
$883,876
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
NY
Principal Officer
SEAN CONWAY
Phone
8454243960
Tax Period
2024-01-01 to 2024-12-31

GARRISON ART CENTER INC, founded in 1966, is a small nonprofit in the Arts, Culture & Humanities sector that reported $771K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $699K left a modest 9% surplus.

Mission

THE ORGANIZATION SEEKS TO CONNECT AND ENRICH LIVES BY CULTIVATING AN OPEN ENVIRONMENT FOR THE CREATION AND APPRECIATION OF ART. THROUGH EDUCATION, EXHIBITIONS AND COMMUNITY OUTREACH PROGRAMS, THE ORGANIZATION'S VISION IS TO FOSTER A VIBRANT, DIVERSE COMMUNITY WHERE ART IS EVERYWHERE AND ACCESSIBLE FOR ALL TO EXPERIENCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $141,319
Program Service Revenue $504,022
Investment Income $91,650
Other Revenue $33,753
TOTAL REVENUE $770,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $320,439
Fundraising Expenses $0
Program Expenses $507,800
Other Expenses $378,578
TOTAL EXPENSES $699,017

Year-over-Year Comparison

2024 2023 Change
Revenue $770,744 $643,187 +0.2%
Expenses $699,017 $572,580 +0.2%
Net Income $71,727 $70,607 +0.0%
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

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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
9
Volunteers
14

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
4
$0
Total Directors
8
$73,519
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN CONWAY PRESIDENT 4.00
Officer
$0 $0 $0
MELISSA CARLTON VICE PRESIDE 4.00
Officer
$0 $0 $0
GEORG IVANOFF TREASURER 1.00
Officer
$0 $0 $0
JENNIFER LAI SECRETARY 1.00
Officer
$0 $0 $0
JAN CUCCHIARELLA BOARD MEMBER 2.00
Director
$0 $0 $0
BELLE NEWTON BOARD MEMBER 2.00
Director
$0 $0 $0
TRACY STRONG BOARD MEMBER 2.00
Director
$0 $0 $0
HILDRETH POTTS BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHANIE CHECKLE-HOWARD BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS HUBER BOARD MEMBER 2.00
Director
$0 $0 $0
MELISSA SMALL COOPER BOARD MEMBER 2.00
Director
$0 $0 $0
CATHERINE GRAHAM EXECUTIVE DI 45.00
Director
$73,519 $0 $73,519
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 $770,744 $699,017 $1,045,315 $71,727
2023 $643,187 $572,580 $987,117 $70,607
2022 $585,418 $573,040 $857,697 $12,378
2021 $457,936 $456,478 $837,527 $1,458
2020 $396,489 $354,759 $738,695 $41,730
2019 $471,018 $458,751 $691,638 $12,267
2018 $391,618 $442,209 $575,323 $-50,591
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