Is New York Genealogical And Biographical Society Legit?

The New York Genealogical And Biographical Society demonstrates consistent financial operations, with revenues and expenses generally in the range of $1.5 million to $2 million annually over the past several years. While the latest reported revenue of $8,017,854 appears to be an outlier, likely due to a specific event or large donation, the organization typically operates on a more modest scale. The society maintains substantial assets, consistently above $15 million, which provides a strong financial cushion and indicates long-term stability. Liabilities are consistently low, typically under $150,000, suggesting good financial management and minimal debt burden. The organization's commitment to transparency is evident in its consistent filing of IRS Form 990s, and the reported 0% officer compensation across all available filings is a notable indicator of volunteer leadership or that compensation is not reported in this specific field, which warrants further investigation.