10 SOUTH STREET CLUB OPERATOR INC

EIN: 841924373 Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$27,266,571
Total Expenses
$25,810,937
Total Assets
$13,230,181
Net Assets
$6,433,553
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Principal Officer
MAGGIO CIPRIANI
Phone
2127260773
Tax Period
2025-01-01 to 2025-12-31

10 SOUTH STREET CLUB OPERATOR INC, founded in 2019, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $27.3M in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $25.8M left a modest 5% surplus.

Mission

THE COMPANY IS ORGANIZED UNDER SECTION 402 OF THE NEW YORK NOT-FOR-PROFIT-CORPORATION LAW AS A NON-CHARITABLE CORPORATION.IT OPERATES A PRIVATE MEMBERSHIP CLUB UNDER THE NAME CASA CIPRIANI LOCATED AT 10 SOUTH STREET, NEW YORK, NEW YORK (THE CLUB). THE CLUB IS AN EXCLUSE MEMBERS-ONLY CLUB FOR MEMBERS AND THEIR GUESTS TO EAT, DRINK, SOCIALIZE, NETWORK, ATTEND PRIVATE MUSICAL AND ARTS EVENTS, AND RELAX IN AN ELEGANT DOWNTOWN SETTING WITH NEW YORK HARBOR VIEWS. MEMBERS PAY ANNUAL DUES AND THE CHARGES FOR FOOD, DRINKS AND OTHER ITEMS SOLD TO MEMBERS AND THEIR GUESTS, AND MAY CHARGE FEES FOR USING CLUB SERVICES TO MEMBERS AND THEIR GUESTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $27,266,571
Investment Income $0
Other Revenue $0
TOTAL REVENUE $27,266,571

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,693,277
Fundraising Expenses $0
Program Expenses $25,810,937
Other Expenses $17,117,660
TOTAL EXPENSES $25,810,937

Year-over-Year Comparison

2025 2024 Change
Revenue $27,266,571 $24,883,771 +0.1%
Expenses $25,810,937 $24,068,306 +0.1%
Net Income $1,455,634 $815,465 +0.8%
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
N/A
Independent Members
N/A
Employees
405
Volunteers
N/A

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK CAYRE DIRECTOR 0.00
Director
$0 $0 $0
MAGGIO CIPRIANI DIRECTOR 0.00
Director
$0 $0 $0
HARLAN BERGER DIRECTOR 0.00
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 $27,266,571 $25,810,937 $13,230,181 $1,455,634
2024 $24,883,771 $24,068,306 $9,646,633 $815,465
2023 $22,495,874 $22,522,460 $8,469,646 $-26,586
2022 $20,543,411 $15,893,952 $9,039,447 $4,649,459
2021 $5,706,662 $6,167,081 $2,279,034 $-460,419
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