The Armory Art Center INC
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Inspires art creation and experience through community education. For fiscal year 2024 it reported $2.2M in revenue, $2.2M in expenses, and $4.0M in net assets.Pt I
Summary of the Filing
Where the work happens
Art School
Over the course of the year, more than 800 courses are offered through six academic terms and educate more than 3,000 students. On average, 70 unique courses and workshops each term, provide an art education structured visual arts programs in ceramics, jewelry, metal smithing, sculpture (stone and metal), painting, drawing, printmaking…
Master Artist Workshops
The workshops runfor 5 days and are presented by national and international renownedartists. The average number of students attending each workshop is 8.THE programs include free public lectures and studio workshops,providing an opportunity for local artists and student artists to meetand learn from internationally recognized artists.
Youth Classes and the Youth Summer Camp
Youth classes are held throughout the year along with our regular adult programming. The summer campis 10 weeks long, during the summer and serves kindergarten throughhigh school. We offer scholarships to the summer camp students, basedon economic need. They are awarded without regard to race, ethnicity ordemographic profile.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Jill Brown’s $110K as CEO is at the 40th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Tom Pearson | — | — | $52,630 | $97,505 | $112,332 | $110,000 |
| Thomas Pearson | — | — | — | — | — | $110,000 |
| Jill Brown | $109,560 | $49,284 | — | — | — | — |
| John T Suau | — | $36,860 | $81,038 | — | — | — |
| Natalie P Beck | — | — | — | — | — | $75,000 |
| Kathryn V Rhubee | — | — | — | $66,727 | $68,278 | $60,000 |
| Kathryn V Rhubee | — | — | — | — | — | $65,000 |
| Steve Tannenbaum | — | — | $52,630 | — | — | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 70% | — | — |
| Overhead ratio | 28% | — | — |
| Fundraising cost ratio | 6% | — | — |
| Revenue growth | -7% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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