THE REHEARSAL CLUB

EIN: 301209468 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$188,818
Total Expenses
$169,339
Total Assets
$306,528
Net Assets
$302,416
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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
2019
Legal Domicile
DE
Principal Officer
Gale Patron
Phone
7876716002
Tax Period
2024-07-01 to 2025-06-30

THE REHEARSAL CLUB, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $189K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $169K left a modest 10% surplus.

Mission

Dedicated to telling the story of The Rehearsal Club, to preserving its legacy and to inspire and support future generations of aspiring young artists.

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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 $174,109
Program Service Revenue $7,554
Investment Income $7,155
Other Revenue $0
TOTAL REVENUE $188,818

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $17,194
Program Expenses $129,216
Other Expenses $154,339
TOTAL EXPENSES $169,339

Year-over-Year Comparison

2024 2023 Change
Revenue $188,818 $164,266 +0.1%
Expenses $169,339 $195,284 -0.1%
Net Income $19,479 $-31,018 -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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
50

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
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gale Patron President & Director 40
Officer Director
$0 $0 $0
Margaret Strom Vice President & Director 20
Officer Director
$0 $0 $0
Allen Bomes Treasurer & Director 20
Officer Director
$0 $0 $0
Dolores Gordon Director 10
Director
$0 $0 $0
Andrea Frierson Director 10
Director
$0 $0 $0
Susan Steiger Director 10
Director
$0 $0 $0
Ellen Zalk Secretary & Director 20
Officer Director
$0 $0 $0
Donna Inglima Director 10
Director
$0 $0 $0
Janet Stilson Director 10
Director
$0 $0 $0
Sheryl Foster Director 10
Director
$0 $0 $0
Meredith Lynsey Schade Director 10
Director
$0 $0 $0
May Lou Barber Director 10
Director
$0 $0 $0
Patrice Soriero Director 10
Director
$0 $0 $0
Cameron Taylor Director 10
Director
$0 $0 $0
Cheryl Daly Director 10
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 $188,818 $169,339 $306,528 $19,479
2024 $164,266 $195,284 $283,138 $-31,018
2023 $160,039 $125,095 $339,498 $34,944
2022 $142,396 $71,618 $280,367 $70,778
2021 $218,199 $32,149 $218,779 $186,050
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