New York Historical Society: $54.0M Revenue, $43.6M Expenses

New York Historical Society pulls a D on the efficiency rubric. The composite of 48/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

New York Historical Society reported $54.0M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Reserves are the limiting factor: New York Historical Society carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue trajectory is strongly positive: New York Historical Society has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.9M in total current-officer compensation against $54.0M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. New York Historical Society sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.