RITZ THEATER NEWBURGH INC

EIN: 261934381 501(c)(3) Arts, Culture & Humanities

NEWBURGH, NY

Total Revenue
$5,011
Total Expenses
$56,814
Total Assets
$734,534
Net Assets
$582,357
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
LISA SILVERSTONE
Phone
8455626940
Tax Period
2023-01-01 to 2023-12-31

RITZ THEATER NEWBURGH INC, founded in 2008, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $5K in total revenue in fiscal year 2023. Revenue surged 81% from the prior year, signaling strong growth momentum. Expenses of $57K exceeded revenue, resulting in a 1034% operating deficit.

Mission

The mission of Safe Harbors of the Hudson Ritz Theater is to create a vibrant professional performing arts venue in the city of Newburgh that revitalizes the local economy, enriches the education of youth and enhances community pride.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,011
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,011

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,814
Other Expenses $56,814
TOTAL EXPENSES $56,814

Year-over-Year Comparison

2023 2022 Change
Revenue $5,011 $2,765 +0.8%
Expenses $56,814 $51,975 +0.1%
Net Income $-51,803 $-49,210 +0.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
17

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
6
$226,191
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Silverstone Executive Dir. 10.00
Officer
$0 $0 $127,649
Cathie Jones CFO 10.00
Officer
$0 $0 $98,542
Bridget Hayes President 0.25
Officer Director
$0 $0 $0
Maritza Calderon-Caballero Vice President 0.25
Officer Director
$0 $0 $0
Elizabeth Rowley Treasurer 0.25
Officer Director
$0 $0 $0
Virginia McCurdy Secretary 0.25
Officer Director
$0 $0 $0
Ashley Collazo Board member 0.25
Director
$0 $0 $0
Jonathan Deull Board member 0.25
Director
$0 $0 $0
Jacqui Jarmann Board Member 0.25
Director
$0 $0 $0
Nancy Layne Board member 0.25
Director
$0 $0 $0
Anusha Mehar Board member 0.25
Director
$0 $0 $0
Likkia Moody Board Member 0.25
Director
$0 $0 $0
Angela Paul Gaito Board member 0.25
Director
$0 $0 $0
Jules Ridgeway Board member 0.25
Director
$0 $0 $0
Alicia Roe board member 0.25
Director
$0 $0 $0
Sergio Valentin board member 0.25
Director
$0 $0 $0
Shawn Strong board member 0.25
Director
$0 $0 $0
Willie Williams board member 0.25
Director
$0 $0 $0
Candyce Young board member 0.25
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
2024 No data No data No data No data
2023 $5,011 $56,814 $734,534 $-51,803
2022 $2,765 $51,975 $761,716 $-49,210
2021 $4,576 $53,933 $790,351 $-49,357
2020 $12,251 $113,867 $818,463 $-101,616
2019 $8,449 $44,735 $910,309 $-36,286
2018 $65,289 $56,041 $936,875 $9,248
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