THE STECHER AND HOROWITZ FOUNDATION

EIN: 237443019 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$136,620
Total Expenses
$106,803
Total Assets
$1,373,145
Net Assets
$1,370,724
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NY
Principal Officer
MELVIN STECHER
Phone
2125818380
Tax Period
2024-07-01 to 2025-06-30

THE STECHER AND HOROWITZ FOUNDATION, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $137K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $30K, a strong 22% operating margin.

Mission

THE STECHER AND HOROWITZ FOUNDATION IS COMMITTED TO FURTHERING THE EDUCATION, RECOGNITION AND FOSTERING OF THIS NEW GENERATION OF TALENTED YOUNG MUSICIANS.

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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 $130,649
Program Service Revenue $0
Investment Income $5,971
Other Revenue $0
TOTAL REVENUE $136,620

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,670
Program Expenses $56,499
Other Expenses $106,803
TOTAL EXPENSES $106,803

Year-over-Year Comparison

2024 2023 Change
Revenue $136,620 $195,370 -0.3%
Expenses $106,803 $159,750 -0.3%
Net Income $29,817 $35,620 -0.2%
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
15
Independent Members
15
Employees
N/A
Volunteers
15

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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET O CARPENTER CHAIRMAN 2.00
Officer Director
$0 $0 $0
NORMAN HOROWITZ PRESIDENT/EXECUTIVE DIRECT 50.00
Officer Director
$0 $0 $0
CHARLES V SCHAEFER III VICE CHAIR 1.00
Officer Director
$0 $0 $0
MELVIN STECHER TREASURER/EXECUTIVE DIRECT 50.00
Officer Director
$0 $0 $0
MARK S RUDD ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
JUN BRUMBERG BOARD MEMBER 1.00
Director
$0 $0 $0
HARRIET NEWMAN COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOYCE B COWIN BOARD MEMBER 1.00
Director
$0 $0 $0
JANET TWEED GUSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JARED A HERTZ BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT J RAVITZ BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID A ROSENBLOOM BOARD MEMBER 1.00
Director
$0 $0 $0
GUS ROSENDALE BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES A SHERER BOARD MEMBER 1.00
Director
$0 $0 $0
EVAN STEEN BOARD MEMBER 1.00
Director
$0 $0 $0
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
2025 $136,620 $106,803 $1,373,145 $29,817
2024 $195,370 $159,750 $1,223,529 $35,620
2023 $244,979 $181,461 $1,079,730 $63,518
2022 $339,688 $327,170 $1,113,072 $12,518
2021 $183,025 $99,495 $1,183,025 $83,530
2020 $197,365 $184,582 $902,702 $12,783
2019 $374,645 $274,564 $930,262 $100,081
2018 $268,491 $339,713 $939,114 $-71,222
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