New York Historical Society
New York Historical Society shows consistent revenue growth and strong asset accumulation over the past decade.
EIN: 131624124 · New York, NY · NTEE: A800 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $95.5M |
| Total Expenses | $43.6M |
| Program Spending | 75% |
| Net Assets | $191.2M |
| Transparency Score | 85/100 |
Is New York Historical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Historical Society directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Historical Society
New York Historical Society (EIN: 131624124) is a nonprofit organization based in New York, NY, classified under NTEE code A800. The organization reported total revenue of $95.5M and total assets of $243.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Historical Society is a major nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $54.0M |
| Total Expenses | $43.6M |
| Surplus / Deficit | +$10.3M |
| Total Assets | $222.2M |
| Total Liabilities | $31.0M |
| Net Assets | $191.2M |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 61.1 months |
Financial Health Grade: A
In 2023, New York Historical Society reported a surplus of $10.3M with revenue exceeding expenses, holds 61.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +4.1% | +12.0% |
| 2022 | -4.5% | +20.4% | -4.6% |
| 2021 | +37.2% | -16.6% | +14.3% |
| 2020 | -3.7% | -3.5% | +0.5% |
| 2019 | +7.0% | +7.8% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1938 |
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 New York Historical Society with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New York Historical Society allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.0%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filing periods, which suggests that executive compensation is either not categorized under 'Officer Comp' in this dataset or is exceptionally low, indicating strong financial stewardship in this area.
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.
Strengths
The following positive indicators were identified for New York Historical Society:
- Consistent revenue growth, with revenue increasing from $45,121,812 in 201406 to $53,968,889 in 202306.
- Strong asset accumulation, growing from $159,988,860 in 201406 to $222,197,434 in 202306.
- Positive net income in most recent years, such as $10,320,000 surplus in 202306 ($53,968,889 revenue - $43,648,954 expenses).
- Low liabilities relative to assets, with an asset-to-liability ratio of over 7:1 in 202306.
- Reported 0% officer compensation across all filings, indicating potential efficiency or unique compensation structure.
Frequently Asked Questions about New York Historical Society
Is New York Historical Society a legitimate charity?
New York Historical Society (EIN: 131624124) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $95.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does New York Historical Society spend its money?
New York Historical Society directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to New York Historical Society tax-deductible?
New York Historical Society is registered as a tax-exempt nonprofit (EIN: 131624124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Historical Society's spending goes to programs?
New York Historical Society directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Historical Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New York Historical Society is above average for NTEE category A800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Historical Society located?
New York Historical Society is headquartered in New York, New York and files with the IRS under EIN 131624124. It is classified under NTEE code A800.
How many years of IRS 990 filings does New York Historical Society have?
New York Historical Society 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 $95.5M in total revenue.
Is the New York Historical Society financially stable?
Yes, the New York Historical Society appears financially stable. Its assets have grown from $159,988,860 in 201406 to $222,197,434 in 202306, and it consistently generates more revenue than expenses in most recent periods, such as $53,968,889 revenue vs. $43,648,954 expenses in 202306.
How has the organization's revenue trended over the last decade?
The organization's revenue has shown a strong upward trend, increasing from $45,121,812 in 201406 to $53,968,889 in 202306, with a peak of $56,360,280 in 202106, indicating robust fundraising and operational income.
What is the organization's asset-to-liability ratio?
In the latest period (202306), the New York Historical Society had assets of $222,197,434 and liabilities of $31,034,501, resulting in an asset-to-liability ratio of approximately 7.16:1, which is a very healthy indicator of financial solvency.
Filing History
IRS 990 filing history for New York Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Historical Society's revenue has grown by 86.5%, moving from $28.9M to $54.0M. Total assets increased by 48.9% over the same period, from $149.2M to $222.2M. Total functional expenses rose by 119%, from $19.9M to $43.6M. In its most recent filing year (2023), New York Historical Society reported a surplus of $10.3M, with revenue exceeding expenses. The organization holds $31.0M in liabilities against $222.2M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $191.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $54.0M | $43.6M | $222.2M | $31.0M | — | — |
| 2022 | $53.8M | $41.9M | $198.4M | $22.0M | — | View 990 |
| 2021 | $56.4M | $34.9M | $208.0M | $25.2M | — | View 990 |
| 2020 | $41.1M | $41.8M | $182.0M | $25.9M | — | View 990 |
| 2019 | $42.7M | $43.3M | $181.1M | $22.0M | — | View 990 |
| 2018 | $39.9M | $40.2M | $169.9M | $11.9M | — | View 990 |
| 2017 | $47.0M | $33.7M | $167.6M | $12.8M | — | View 990 |
| 2016 | $35.6M | $34.5M | $144.8M | $8.8M | — | View 990 |
| 2015 | $37.2M | $49.9M | $144.3M | $7.4M | — | View 990 |
| 2014 | $45.1M | $30.8M | $160.0M | $7.3M | — | View 990 |
| 2013 | $27.0M | $28.8M | $139.6M | $6.2M | — | View 990 |
| 2012 | $21.8M | $27.3M | $143.1M | $9.4M | — | View 990 |
| 2011 | $28.9M | $19.9M | $149.2M | $9.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $54.0M, expenses of $43.6M, and assets of $222.2M (revenue +0.3% year-over-year).
- 2022: Revenue of $53.8M, expenses of $41.9M, and assets of $198.4M (revenue -4.5% year-over-year).
- 2021: Revenue of $56.4M, expenses of $34.9M, and assets of $208.0M (revenue +37.2% year-over-year).
- 2020: Revenue of $41.1M, expenses of $41.8M, and assets of $182.0M (revenue -3.7% year-over-year).
- 2019: Revenue of $42.7M, expenses of $43.3M, and assets of $181.1M (revenue +7.0% year-over-year).
- 2018: Revenue of $39.9M, expenses of $40.2M, and assets of $169.9M (revenue -15.1% year-over-year).
- 2017: Revenue of $47.0M, expenses of $33.7M, and assets of $167.6M (revenue +31.8% year-over-year).
- 2016: Revenue of $35.6M, expenses of $34.5M, and assets of $144.8M (revenue -4.3% year-over-year).
- 2015: Revenue of $37.2M, expenses of $49.9M, and assets of $144.3M (revenue -17.6% year-over-year).
- 2014: Revenue of $45.1M, expenses of $30.8M, and assets of $160.0M (revenue +67.1% year-over-year).
- 2013: Revenue of $27.0M, expenses of $28.8M, and assets of $139.6M (revenue +23.8% year-over-year).
- 2012: Revenue of $21.8M, expenses of $27.3M, and assets of $143.1M (revenue -24.6% year-over-year).
- 2011: Revenue of $28.9M, expenses of $19.9M, and assets of $149.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Historical Society:
Data Sources and Methodology
This transparency report for New York Historical Society 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.