Municipal Art Society Of New York
Municipal Art Society of New York faces persistent operational deficits and declining assets.
EIN: 135562288 · New York, NY · NTEE: A400 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $4.0M |
| Program Spending | 70% |
| Net Assets | $7.2M |
| Transparency Score | 65/100 |
Is Municipal Art Society Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Municipal Art Society Of New York directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Municipal Art Society Of New York
Municipal Art Society Of New York (EIN: 135562288) is a nonprofit organization based in New York, NY, classified under NTEE code A400. The organization reported total revenue of $4.4M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Municipal Art Society Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Municipal Art Society Of New York is a mid-size nonprofit that has been operating for 93 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $4.0M |
| Surplus / Deficit | $-945,509 |
| Total Assets | $8.8M |
| Total Liabilities | $1.6M |
| Net Assets | $7.2M |
| Operating Margin | -30.6% |
| Debt-to-Asset Ratio | 17.7% |
| Months of Reserves | 26.1 months |
Financial Health Grade: B
In 2023, Municipal Art Society Of New York reported a deficit of $946K with expenses exceeding revenue, holds 26.1 months of operating reserves (strong position), has a debt-to-asset ratio of 17.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Municipal Art Society Of New York's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | +2.0% | -3.0% |
| 2022 | -22.9% | -0.7% | -25.1% |
| 2021 | +44.3% | -4.7% | +2.5% |
| 2020 | -72.2% | -5.7% | -2.9% |
| 2019 | +247.1% | +10.8% | +21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1933 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Municipal Art Society Of New York with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Municipal Art Society Of New York allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $946K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and suggests potential reporting nuances or that these roles are entirely volunteer-based.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Municipal Art Society Of New York's IRS 990 filings:
- Persistent operational deficits (expenses consistently exceed revenue)
- Significant decline in total assets over the past decade (from $17.4M in 2014 to $8.7M in 2023)
- Unusually consistent 0% officer compensation reported for an organization of this size and activity level.
Strengths
The following positive indicators were identified for Municipal Art Society Of New York:
- High transparency regarding executive compensation (reporting 0% officer compensation)
- Long operating history with 13 filings, indicating established presence.
Frequently Asked Questions about Municipal Art Society Of New York
Is Municipal Art Society Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Municipal Art Society Of New York (EIN: 135562288) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Municipal Art Society Of New York spend its money?
Municipal Art Society Of New York directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Municipal Art Society Of New York tax-deductible?
Municipal Art Society Of New York is registered as a tax-exempt nonprofit (EIN: 135562288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Municipal Art Society Of New York's spending goes to programs?
Municipal Art Society Of New York directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Municipal Art Society Of New York compare to similar nonprofits?
With a transparency score of 65/100 (Good), Municipal Art Society Of New York is above average for NTEE category A400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Municipal Art Society Of New York located?
Municipal Art Society Of New York is headquartered in New York, New York and files with the IRS under EIN 135562288. It is classified under NTEE code A400.
How many years of IRS 990 filings does Municipal Art Society Of New York have?
Municipal Art Society Of New York has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.4M in total revenue.
Is Municipal Art Society Of New York financially sustainable?
The organization has consistently reported expenses exceeding revenue for several years (e.g., 2023, 2022, 2021), and its assets have declined from $17,469,995 in 2014 to $8,787,441 in 2023. This trend raises concerns about long-term financial sustainability without a change in revenue generation or expenditure patterns.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual expenses often exceeding $4 million. This could indicate that officers are unpaid volunteers, or that compensation is reported under different categories, warranting further investigation into their compensation practices.
What caused the significant revenue spike in 2019?
In 2019, the organization reported revenue of $8,394,885, which is significantly higher than its typical annual revenue (e.g., $2,418,666 in 2018 and $2,335,081 in 2020). This spike could be due to a major one-time grant, a large capital campaign contribution, or a significant asset sale, which would require reviewing the full 990 filing for details.
Filing History
IRS 990 filing history for Municipal Art Society Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Municipal Art Society Of New York's revenue has declined by 33.5%, moving from $4.6M to $3.1M. Total assets decreased by 36.5% over the same period, from $13.8M to $8.8M. Total functional expenses fell by 35.3%, from $6.2M to $4.0M. In its most recent filing year (2023), Municipal Art Society Of New York reported a deficit of $946K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $8.8M in assets (debt-to-asset ratio: 17.7%), resulting in net assets of $7.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $4.0M | $8.8M | $1.6M | — | — |
| 2022 | $2.6M | $4.0M | $9.1M | $1.6M | — | — |
| 2021 | $3.4M | $4.0M | $12.1M | $1.3M | — | View 990 |
| 2020 | $2.3M | $4.2M | $11.8M | $1.3M | — | — |
| 2019 | $8.4M | $4.4M | $12.2M | $750K | — | View 990 |
| 2018 | $2.4M | $4.0M | $10.0M | $996K | — | View 990 |
| 2017 | $2.2M | $4.1M | $10.5M | $651K | — | View 990 |
| 2016 | $4.4M | $5.5M | $11.7M | $670K | — | View 990 |
| 2015 | $4.5M | $5.7M | $14.7M | $1.1M | — | View 990 |
| 2014 | $4.2M | $5.7M | $17.5M | $1.2M | — | View 990 |
| 2013 | $6.0M | $5.6M | $16.8M | $1.4M | — | View 990 |
| 2012 | $4.7M | $4.8M | $13.9M | $2.1M | — | View 990 |
| 2011 | $4.6M | $6.2M | $13.8M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $4.0M, and assets of $8.8M (revenue +18.9% year-over-year).
- 2022: Revenue of $2.6M, expenses of $4.0M, and assets of $9.1M (revenue -22.9% year-over-year).
- 2021: Revenue of $3.4M, expenses of $4.0M, and assets of $12.1M (revenue +44.3% year-over-year).
- 2020: Revenue of $2.3M, expenses of $4.2M, and assets of $11.8M (revenue -72.2% year-over-year).
- 2019: Revenue of $8.4M, expenses of $4.4M, and assets of $12.2M (revenue +247.1% year-over-year).
- 2018: Revenue of $2.4M, expenses of $4.0M, and assets of $10.0M (revenue +9.4% year-over-year).
- 2017: Revenue of $2.2M, expenses of $4.1M, and assets of $10.5M (revenue -50.3% year-over-year).
- 2016: Revenue of $4.4M, expenses of $5.5M, and assets of $11.7M (revenue -1.3% year-over-year).
- 2015: Revenue of $4.5M, expenses of $5.7M, and assets of $14.7M (revenue +6.2% year-over-year).
- 2014: Revenue of $4.2M, expenses of $5.7M, and assets of $17.5M (revenue -28.8% year-over-year).
- 2013: Revenue of $6.0M, expenses of $5.6M, and assets of $16.8M (revenue +25.6% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.8M, and assets of $13.9M (revenue +2.1% year-over-year).
- 2011: Revenue of $4.6M, expenses of $6.2M, and assets of $13.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Municipal Art Society Of New York:
Data Sources and Methodology
This transparency report for Municipal Art Society Of New York is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.