NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOWER MANHATTAN CULTURAL COUNCIL INC, founded in 1973, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.2M in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $4.8M exceeded revenue, resulting in a 15% operating deficit.
TO CREATE A FERTILE & NURTURING ENVIRONMENT FOR ARTISTS & ART GROUPS (CONTINUED ON SCHEDULE O).
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,206,254 | $6,081,156 | -0.3% |
| Expenses | $4,842,523 | $5,483,675 | -0.1% |
| Net Income | $-636,269 | $597,481 | -2.1% |
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 |
|---|---|---|---|---|---|---|
| CRAIG SCHWITTER | BOARD CHAIR, EXECUTIVE COMMITTEE CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC MUNSON | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHARON ULLMAN | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEOFFREY BOULTER | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| BENNET DUNKLEY | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| BRUCE EHRMANN | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| EKENE EZULIKE | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| FRANCIS GREENBURGER | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| TERRY HUDAK | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| ANITA LAREMONT | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| JOHN MCGINLEY | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| ADAM MEISTER | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| EDDIE OPARA | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| NAZLI PARVIZI | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| DAVID QUENEMOEN | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| ANNA RAGINSKAYA | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| R SARAH RICHARDSON | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| HAL STEIN | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| SUJOHN SARKAR | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW VAN BUREN | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| JOLENE YEATS | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| CRAIG PETERSON | PRESIDENT & CEO (TO 12/2024) | 35.00 |
Officer
|
$191,795 | $19,507 | $211,302 |
| MOHAMMAD YOUSUF | PRESIDENT & CEO | 35.00 |
Officer
|
$121,667 | $8,597 | $130,264 |
| EMMA S MONTAYA HILLS | CHIEF OPERATING OFFICER | 35.00 |
Officer
|
$32,083 | $722 | $32,805 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,206,254 | $4,842,523 | $9,356,332 | $-636,269 |
| 2024 | $6,081,156 | $5,483,675 | $10,552,637 | $597,481 |
| 2023 | $5,022,154 | $5,415,486 | $9,170,086 | $-393,332 |
| 2022 | $4,461,109 | $4,961,913 | $9,889,448 | $-500,804 |
| 2021 | $4,161,213 | $4,398,322 | $12,296,474 | $-237,109 |
| 2020 | $4,728,251 | $4,472,392 | $12,555,901 | $255,859 |
| 2019 | $6,864,899 | $3,940,013 | $12,270,541 | $2,924,886 |
| 2018 | $4,055,823 | $3,534,726 | $8,349,235 | $521,097 |
Compare LOWER MANHATTAN CULTURAL COUNCIL INC with other nonprofits in New York and across the country.