Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1992.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
30 people listed on the 990; $1.3M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Rita M Finkel | $407,859 | $363,771 | — | — | — | — |
| Jonathan B Schindel | $390,255 | $351,440 | — | — | — | — |
| Rita Finkel | — | — | $329,547 | $315,614 | $258,687 | $271,475 |
| Jonathan Schindel | — | — | $309,607 | $289,361 | $243,066 | $259,641 |
| Glennis a Aquino-Gil | $237,473 | $212,878 | — | — | — | — |
| Glennis Aquino-Gil | — | — | $149,417 | $151,167 | $111,456 | $115,707 |
| John Carpenter | $142,208 | $141,669 | $128,304 | $123,516 | $112,518 | $116,290 |
| Kenneth Dwyer | $138,697 | $134,855 | $127,629 | $121,678 | $114,599 | $114,891 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes youth fitness and education through athletic, educational, and community programs.
Questions for The Armory Foundation
Your first name shows with your question. The Armory Foundation answers here, for everyone.
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Track and Field Meets
Typically, over 100 track and field meets are held each year at the armory ranging in size from 100 athletes to over 5,000. The armory track is considered to be the fastest track in the world and attracts athletes and spectators from all over the united states.
Armory College Prep High School
This is a focused program targeting high school students who practice at the armory, many of whom will be first-generation college students. Armory college prep supplies rigorous academic instruction, sat prep classes, one-on-one college counseling, including financial aid and ncaa regulation information and multiple trips to visit…
High School Training
In a typical year, up to 2,000 new york city students train at the armory, tuesdays and thursdays from november to april on the fabled armory track. Training includes a supplemental coaching staff paid by the armory to help students develop their skills. Many coaches are fluent in one of the events of track and field.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.1M | $491K |
| InvestmentsLn 11–13 | $780K | $1.8M |
| Land, buildings, equipmentLn 10c | $6.2M | $6.4M |
| Total assetsLn 16 | $12.1M | $10.8M |
| LiabilitiesLn 26 | $2.5M | $924K |
| Net assetsLn 32 | $9.6M | $9.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $824K | $660K | $82K | $82K |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $2.4M | $2.3M | $31K | |
| Pension plan contributionsLn 8 | $16K | $16K | $334 | $80 |
| Other employee benefitsLn 9 | $276K | $267K | $6K | $2K |
| Payroll taxesLn 10 | $267K | $252K | $9K | $6K |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $27K | $27K | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $932K | $925K | $7K | |
| Advertising and promotionLn 12 | $60K | $60K | ||
| Office expensesLn 13 | $1.4M | $1.3M | $8K | $34K |
| Information technologyLn 14 | $66K | $49K | $16K | $439 |
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $0 | |||
| TravelLn 17 | $282K | $281K | $829 | $17 |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $967K | $914K | $32K | $21K |
| InsuranceLn 23 | $53K | $38K | $14K | $883 |
| Other expenses (24a–d)Ln 24 | $368K | $339K | $29K | $830 |
| Total functional expensesLn 25 | $7.9M | $7.5M | $257K | $155K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $8.3M | $10.2M | −$2.0M | −$7.2M | 990 PDF |
| FY2024 | $12.0M | $8.8M | $3.1M | $12.5M | 990 PDF |
| FY2023 | $8.7M | $8.8M | −$55K | $10.1M | 990 PDF |
| FY2022 Viewing | $8.2M | $7.9M | $325K | $9.9M | 990 PDF |
| FY2021 | $6.5M | $4.6M | $1.9M | $9.6M | 990 PDF |
| FY2020 | $7.4M | $7.2M | $219K | $7.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $8,230,990 revenue, 12 lines filed
Part VI · Governance 22 of 22 board members independent, no flags
Part VIII · Statement of revenue $8,230,990 across 13 lines filed
Part IX · Statement of functional expenses $7,905,763 across 30 lines filed
Part X · Balance sheet $10,796,175 assets, 24 lines filed
Part XI · Reconciliation of net assets $9,871,945 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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