THE RYE ARTS CENTER INC

EIN: 510243575 501(c)(3) Arts, Culture & Humanities

RYE, NY

Total Revenue
$1,718,056
Total Expenses
$1,733,015
Total Assets
$2,802,848
Net Assets
$2,564,232
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
NY
Principal Officer
THOMAS STOKES
Phone
9149670700
Tax Period
2024-07-01 to 2025-06-30

THE RYE ARTS CENTER INC, founded in 1960, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024.

Mission

TO INSPIRE INTEREST AND MAXIMUM PARTICIPATION IN THE ARTS IN WESTCHESTER, NY AND THE SURROUNDING REGION. WE ARE COMMITTED TO OFFERING PROGRAMS THAT ARE CHARACTERIZED BY ARTISTIC TRADITION, EDUCATIONAL VALUE, AND A SPIRIT OF INNOVATION.

Program Service Accomplishments

Program 1
Expenses: $1,053,748 Revenue: $836,224

EDUCATION: THE RAC PROVIDES ARTS EDUCATION ACROSS SEVERAL DISCIPLINES INCLUDING VISUAL ARTS, MUSIC, CERAMICS, DANCE, DIGITAL ARTS, AND STEM+ARTS. OVER 500 CLASSES AND WORKSHOPS ARE OFFERED ACROSS...

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EDUCATION: THE RAC PROVIDES ARTS EDUCATION ACROSS SEVERAL DISCIPLINES INCLUDING VISUAL ARTS, MUSIC, CERAMICS, DANCE, DIGITAL ARTS, AND STEM+ARTS. OVER 500 CLASSES AND WORKSHOPS ARE OFFERED ACROSS FOUR SESSIONS ANNUALLY: FALL, WINTER, SPRING, AND SUMMER. STUDENTS AND MEMBERS RANGE IN AGE FROM PRESCHOOL TO ADULT SENIORS, WITH INSTRUCTION RANGING FROM BEGINNER TO ADVANCED LEVELS. MUSIC INSTRUCTION IS OFFERED IN GROUP AND INDIVIDUAL LESSONS ACROSS ALL INSTRUMENTS. THE RAC'S EDUCATION OFFERINGS TAKE PLACE AT ITS 51 MILTON ROAD FACILITY AS WELL AS OFF-SITE LOCATIONS INCLUDING AREA SCHOOLS, COMMUNITY CENTERS, SOCIAL SERVICE AGENCIES, AND SENIOR NURSING FACILITIES. IN TOTAL, THE RAC PROVIDES ARTS EDUCATION TO MORE THAT 8,000 STUDENTS AND MEMBERS ANNUALLY.

Program 2
Expenses: $267,154 Revenue: $20,524

EXHIBITIONS, PERFORMANCES AND OUTREACH: IN ACCORDANCE WITH THE RAC'S MISSION TO MAXIMIZE PARTICIPATION IN THE ARTS AND TO PROVIDE HIGH QUALITY ARTISTIC EXPERIENCES, THE CENTER PROVIDES PROGRAMMING...

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EXHIBITIONS, PERFORMANCES AND OUTREACH: IN ACCORDANCE WITH THE RAC'S MISSION TO MAXIMIZE PARTICIPATION IN THE ARTS AND TO PROVIDE HIGH QUALITY ARTISTIC EXPERIENCES, THE CENTER PROVIDES PROGRAMMING IMPACTING OVER 45,000 PEOPLE. ACTIVITIES INCLUDE EXHIBITIONS (FREE AND OPEN TO THE PUBLIC, FEATURING WORKS OF BOTH PROFESSIONAL AND STUDENT ARTISTS); PUBLIC ART INSTALLATIONS; PERFORMING ARTS EVENTS (MUSIC, THEATRE, SPOKEN WORD, COMEDY, ETC.); LECTURES, TOUR AND DISCUSSIONS; COMMUNITY EVENTS, AND AN EXTENSIVE OUTREACH PROGRAM (WEEKLY ARTS EDUCATION FOR 300 UNDERSERVED PRE-SCHOOL CHILDREN, DANCE CLASSES FOR PEOPLE WITH PARKINSON'S DISEASE, AFTERSCHOOL PROGRAMS AT MULTIPLE LOCAL COMMUNITY CENTERS, STUDENT PERFORMANCES AT NURSING HOMES, IN SCHOOL ARTS PROGRAMS, AND NEED-BASED SCHOLARSHIPS.

Program 3
Expenses: $18,768

MEMBERSHIP: THE RAC PROVIDES MEMBERSHIP OPPORTUNITIES TO ITS STUDENTS, ART PATRONS, AND VISITORS AS A WAY TO DEMONSTRATE THEIR COMMITMENT AND SUPPORT FOR THE ORGANIZATION. THERE ARE OVER 350 RAC...

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MEMBERSHIP: THE RAC PROVIDES MEMBERSHIP OPPORTUNITIES TO ITS STUDENTS, ART PATRONS, AND VISITORS AS A WAY TO DEMONSTRATE THEIR COMMITMENT AND SUPPORT FOR THE ORGANIZATION. THERE ARE OVER 350 RAC MEMBERS WHO RECEIVE VARIOUS BENEFITS INCLUDING DISCOUNTS ON CLASSES AND PROMOTIONAL OFFERINGS WITH LOCAL BUSINESSES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $764,374
Program Service Revenue $856,748
Investment Income $35,723
Other Revenue $61,211
TOTAL REVENUE $1,718,056

Expense Breakdown

Grants Paid $500
Salaries & Benefits $815,825
Fundraising Expenses $227,379
Program Expenses $1,339,670
Other Expenses $916,690
TOTAL EXPENSES $1,733,015

Year-over-Year Comparison

2024 2023 Change
Revenue $1,718,056 $1,768,491 0.0%
Expenses $1,733,015 $1,652,922 +0.0%
Net Income $-14,959 $115,569 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
29
Volunteers
300

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
12
$130,000
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS STOKES PRESDIENT 10.00
Officer Director
$0 $0 $0
ARIEL ECKSTEIN VP AND STRATEGIC PLANNING CO-CHAIR 6.00
Officer Director
$0 $0 $0
TINA EXARHOS VP AND PERSONNELL CHAIR 6.00
Officer Director
$0 $0 $0
SONIA HOUNSEL CO-SECRETARY 6.00
Officer Director
$0 $0 $0
AMY VIJAYANAGAR CO-SECRETARY 6.00
Officer Director
$0 $0 $0
JOE DEVITA TREASURER 6.00
Officer Director
$0 $0 $0
HAYLEY NIVELLE GOVERNANCE CO-CHAIR 6.00
Officer Director
$0 $0 $0
RITA TINA-LONGO GOVERNANCE CO-CHAIR 6.00
Officer Director
$0 $0 $0
MICHAEL COLLINS STRATEGIC PLANNING CO -CHAIR 6.00
Officer Director
$0 $0 $0
JUDITH PASSANNANTE DEVELOPMENT CO-CHAIR 6.00
Officer Director
$0 $0 $0
WHITNEY WHIPPLE MARKETING CHAIR 6.00
Officer Director
$0 $0 $0
KEITH CUNNINGHAM BOARD 2.00
Director
$0 $0 $0
ANIA DUNLOP BOARD 2.00
Director
$0 $0 $0
MICHELLE FROAH BOARD 2.00
Director
$0 $0 $0
SHAMI KIMI BOARD 2.00
Director
$0 $0 $0
EILEEN NEIMAN BOARD 2.00
Director
$0 $0 $0
JENNIFER SANDLING BOARD 2.00
Director
$0 $0 $0
KICKI STORM BOARD 2.00
Director
$0 $0 $0
HEATH ABRAMSOHN BOARD 2.00
Director
$0 $0 $0
SIMONE BONNET BOARD 2.00
Director
$0 $0 $0
ADAM LEVI EXECUTIVE DIRECTOR 40.00
Officer
$130,000 $0 $130,000
ALLISON WEST DIRECTOR OF DEVELOPMENT 40.00
Highest
$137,500 $10,000 $147,500
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 $1,718,056 $1,733,015 $2,802,848 $-14,959
2024 No data No data No data No data
2023 $3,224,162 $1,727,622 $2,679,586 $1,496,540
2022 $1,492,948 $1,364,420 $1,216,689 $128,528
2021 $1,148,248 $1,059,994 $1,190,647 $88,254
2020 $1,096,901 $1,157,885 $983,037 $-60,984
2019 $1,312,847 $1,302,049 $980,987 $10,798
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