Arts, Culture & Humanities
(A54)
IRS Verified
DX Registered
990 on File
NEW YORK CITY FIRE MUSEUM
Financial strength (30%)
77/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the New York City Fire Museum is to collect, preserve and present the history and cultural heritage of the fire service of New York and to provide fire prevention and safety education to the public, especially children.
Financial Overview — FY 2024
$488K
Total Revenue
$587K
Total Expenses
$426K
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
65.7%
Fundraising Efficiency
23.0%
Operating Reserve
8.71x
Liability-to-Asset
11.7%
Revenue Diversification
44.0%
Executive Compensation
$138K
Compared with Peers
FY 2024
Compared with 12,748 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
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
|
65.7% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
31.0% | 14.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.3% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
23.0% | 28.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.7 mo | 9.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
11.7% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
44.0% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-3.5% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.2% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-20.1% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $488K | $587K | $426K | 65.7% | 7 |
| 2023 | $506K | $558K | $524K | 69.2% | 11 |
| 2022 | $617K | $499K | $576K | 65.5% | 10 |
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