THE CENTER FOR ARCHITECTURE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

JESSE LAZAR

Phone

2123586131

Tax Period

2024-01-01 to 2024-12-31

THE CENTER FOR ARCHITECTURE INC, founded in 1967, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

THE CENTER FOR ARCHITECTURE IS THE LEADING CULTURAL VENUE FOR ARCHITECTURE AND THE BUILT ENVIRONMENT IN NEW YORK CITY, INFORMED BY THE COMPLEXITY OF THE CITY'S URBAN FABRIC AND IN DIALOGUE WITH THE GLOBAL COMMUNITY. WE WERE FOUNDED BY AND SHARE A HOME WITH THE AMERICAN INSTITUTE OF ARCHITECTS NEW YORK (AIANY) AND HAVE THE UNIQUE ADVANTAGE OF DRAWING UPON THE IDEAS AND EXPERIENCES OF PRACTICING ARCHITECTS TO PRODUCE EXHIBITIONS, PUBLIC PROGRAMS AND DESIGN EDUCATION EXPERIENCES FOR K-12 YOUTH AND FAMILIES. OUR MISSION IS TO EDUCATE A BROAD AUDIENCE ABOUT THE BUILT ENVIRONMENT AND THE VALUE OF CONTEMPORARY ARCHITECTURAL PRACTICE IN URBAN LIFE.

Program Service Accomplishments

Program 1

Expenses: $1,992,653 Revenue: $653,609

-EDUCATION:LEARNING BY DESIGN: NY PROVIDES IN-SCHOOL ARCHITECTURE AND DESIGN RESIDENCY PROGRAMS AND PROFESSIONAL DEVELOPMENT WORKSHOPS FOR NYC STUDENTS AND TEACHERS, USING ARCHITECTURE AND DESIGN TO ENRICH THE K-12 CURRICULUM AND DEVELOP PROBLEM-SOLVING SKILLS. PROGRAMS AT THE CENTER INCLUDES DESIGN WORKSHOPS FOR SCHOOL GROUPS, YOUTH, AND ADULTS AT THE CENTER FOR ARCHITECTURE. PROGRAMS ARE OFFERED DURING THE SCHOOL DAY, DURING SCHOOL VACATION PERIODS AND ON EVENINGS AND WEEKENDS THROUGHOUT THE YEAR.-EXHIBITIONS & PUBLIC PROGRAMS:CENTER FOR ARCHITECTURE EXHIBITIONS ARE DESIGNED TO ENGAGE THE GENERAL PUBLIC AND DESIGN PROFESSIONALS IN CURRENT TOPICS IN ARCHITECTURE AND URBANISM. FREE ACCESS TO GALLERIES AND LECTURES OFFER THE OPPORTUNITYTO ADVANCE UNDERSTANDING OF THE BUILT ENVIRONMENT.-SCHOLARSHIPS:THE CENTER ALSO OFFERS SCHOLARSHIPS ANNUALLY, IN ACCORDANCE WITH ITS SELECTION PROCESSES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,581,723

Program Service Revenue $653,609

Investment Income $132,228

Other Revenue $0

TOTAL REVENUE $2,367,560

Expense Breakdown

Grants Paid $79,000

Salaries & Benefits $1,426,658

Fundraising Expenses $304,527

Program Expenses $1,992,653

Other Expenses $1,059,040

TOTAL EXPENSES $2,564,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,367,560	$2,867,015	-0.2%
Expenses	$2,564,698	$2,563,147	+0.0%
Net Income	$-197,138	$303,868	-1.6%

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

Financial Distress Indicator

Liquidity & Cash Position

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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

$247,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDER LAMIS	TREASURER	4.00	Officer Director	$0	$0	$0
KIM YAO	SECRETARY	4.00	Officer Director	$0	$0	$0
JENNIFER SAGE	BOARD CHAIR	4.00	Officer Director	$0	$0	$0
PETER ROBINSON	VICE CHAIR	4.00	Officer Director	$0	$0	$0
GREGORY SWITZER	PRESIDENT	4.00	Officer Director	$0	$0	$0
BENJAMIN GILMARTIN	PRESIDENT-ELECT	4.00	Officer Director	$0	$0	$0
KATHERINE CHIA	TRUSTEE	4.00	Director	$0	$0	$0
MARC NORMAN	TRUSTEE	4.00	Director	$0	$0	$0
DAVID PISCUSKAS	TRUSTEE	4.00	Director	$0	$0	$0
MARQUISE STILLWELL	TRUSTEE	4.00	Director	$0	$0	$0
ANNIE TIRSCHWELL	TRUSTEE	4.00	Director	$0	$0	$0
ALLISON TOMLINSON	TRUSTEE	4.00	Director	$0	$0	$0
JOSEPH TORTORELLA	TRUSTEE	4.00	Director	$0	$0	$0
THOMAS KRIZMANIC	TRUSTEE	4.00	Director	$0	$0	$0
JESSE LAZAAR	EXECUTIVE DIRECTOR	14.00	Officer	$0	$16,240	$247,520
MEGHAN EDWARDS	DIR. OF DIGITAL CONTENT	20.00	Highest	$109,380	$12,538	$121,918
LISA MAZZOLA	DIRECTOR OF EDUCATION	20.00	Highest	$115,047	$10,990	$126,037
SUSAN MECS	MANAGING DIRECTOR, AIA NEW YORK CHAPTER	14.00	Highest	$0	$13,464	$155,186
MARY DE ROSA	DIRECTOR OF FINANCE AND OPERATIONS	20.00	Highest	$0	$12,827	$130,332

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
2024	$2,367,560	$2,564,698	$2,317,398	$-197,138
2023	$2,867,015	$2,563,147	$2,480,501	$303,868
2022	$2,190,268	$2,470,689	$2,638,021	$-280,421
2021	$2,017,828	$2,017,672	$3,313,021	$156
2020	$1,661,539	$2,004,501	$2,944,086	$-342,962
2019	$2,406,442	$2,598,840	$3,071,253	$-192,398
2018	$2,505,486	$2,507,749	$2,976,533	$-2,263