Arts, Culture & Humanities
(A65)
990 on File
FRIGID NEW YORK INC
Financial strength (30%)
71/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$911K
Total Revenue
$922K
Total Expenses
$-163,037
Net Assets
19
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.1%
Fundraising Efficiency
N/A
Operating Reserve
-2.12x
Liability-to-Asset
124.8%
Revenue Diversification
66.4%
Executive Compensation
$43K
Compared with Peers
FY 2025
Compared with 8,038 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.1% | 81.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.7% | 13.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.2% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-2.1 mo | 9.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
124.8% | 1.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
66.4% | 77.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
9.3% | 6.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.0% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.3% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $911K | $922K | $-163,037 | 86.1% | 19 |
| 2024 | $833K | $879K | $-151,479 | 84.0% | 19 |
| 2023 | $862K | $857K | $-105,941 | 84.5% | 35 |
| 2022 | $621K | $673K | $-110,461 | 81.4% | 21 |
| 2021 | $301K | $343K | N/A | — | 23 |
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