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Nonprofit · EIN 13-5365520

SALMAGUNDI CLUB

Tax-exempt · NEW YORK, NY 10003

Financials

$2.3M$2.5M2023$2.1M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of SALMAGUNDI CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,109,482$2,142,684-$33,202$5,149,029$507,124$4,641,905
December 31, 2023990$2,349,485$2,535,960-$186,475$5,142,541$435,928$4,706,613
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$811,880
Membership dues
$616,253
Program service revenue
$401,143
Investment income
$264,406
Net rental income
$150,688
Net gain from sales of assets
$218,800
Net income from sales of inventory
$429,794
Other revenue
$632,053

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$102,000
Other salaries and wages
$815,682
Salaries, compensation and benefits (total)
$1,125,256
Professional fundraising fees
$0
Legal fees
$208,494
Accounting fees
$94,241
Depreciation
$89,999
Program services (functional)
$1,227,023
Management and general (functional)
$915,661

Balance sheet and other

Total assets, start of year
$5,142,541
Total assets, end of year
$5,149,029
Total liabilities, end of year
$507,124
Net assets, end of year
$4,641,905
Land, buildings and equipment
$2,406,716
Publicly traded securities
$2,041,812
Net assets without donor restrictions
$1,914,498
Net assets with donor restrictions
$2,727,407
Gross receipts
$3,725,232
Employees
0
Volunteers
100
Year formed
1871
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PAUL MORRISEXECUTIVE DIRECTOR
Officer
40$90,000$12,000
GEORGE GRUBBPRES TO 10/2024; CHAIR FROM 10/2024
Trustee or director, Officer
1$0$0
RAY CISNEROSCHAIR 5/2024 TO 7/2024
Trustee or director, Officer
1$0$0
WILLIAM JOBSON1ST VP TO 10/2024; PRES FROM 10/2024
Trustee or director, Officer
1$0$0
BARBARA GENCO2ND VICE PRESIDENT
Trustee or director, Officer
1$0$0
TRACY DOCKRAYSECRETARY
Trustee or director, Officer
1$0$0
CHRISTOPHER REHKOWTREASURER
Trustee or director, Officer
1$0$0
LOU LALLIDIRECTOR
Trustee or director
1$0$0
KAREN LOEWDIRECTOR
Trustee or director
1$0$0
JOANMARIE PALMERDIRECTOR
Trustee or director
1$0$0
MICHAEL ROSENFELDDIRECTOR
Trustee or director
1$0$0
DOROTHY WIGGINSDIRECTOR
Trustee or director
1$0$0
ROD BRAYMANDIRECTOR TO 5/2024
Trustee or director
1$0$0
PAULINA BROWNDIRECTOR TO 5/2024
Trustee or director
1$0$0
JACOB COLLINSDIRECTOR TO 5/2024
Trustee or director
1$0$0
13 more people on this return
NameTitleHours / weekCompensation
KATE FAUSTDIRECTOR TO 5/2024
Trustee or director
1$0
MILENE FERNANDEZDIRECTOR TO 5/2024
Trustee or director
1$0
SETH HARRISDIRECTOR TO 5/2024
Trustee or director
1$0
KARENE INFRANCODIRECTOR TO 5/2024
Trustee or director
1$0
ANNIE PATTDIRECTOR TO 5/2024
Trustee or director
1$0
PATRICIA WATWOODDIRECTOR TO 5/2024
Trustee or director
1$0
ANTHONY BELLOVDIRECTOR 5/2024 TO 7/2024
Trustee or director
1$0
LANDON CLAYDIRECTOR 5/2024 TO 7/2024
Trustee or director
1$0
MICHAEL FEATHERSTONDIRECTOR 5/2024 TO 7/2024
Trustee or director
1$0
PATRICIA HYNESDIRECTOR 5/2024 TO 7/2024
Trustee or director
1$0
ALEXANDER KATLANDIRECTOR 5/2024 TO 7/2024
Trustee or director
1$0
KEN KHARBANDADIRECTOR 5/2024 TO 7/2024
Trustee or director
1$0
JUDY KUDLOWDIRECTOR 5/2024 TO 7/2024
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
GEORGE GRUBBPRESIDENT
Trustee or director, Officer
3$0
WILLIAM JOBSON1ST VICE PRESIDENT
Trustee or director, Officer
3$0
BARBARA GENCO2ND VICE PRESIDENT
Trustee or director, Officer
3$0
CHRISTOPHER REHKOWTREASURER
Trustee or director, Officer
3$0
TRACY DOCKRAYRECORDING SECRETARY
Trustee or director
3$0
MICHAEL ROSENFELDDIRECTOR
Trustee or director
3$0
LOU LALLIDIRECTOR
Trustee or director
3$0
DOROTHY WIGGINSDIRECTOR
Trustee or director
3$0
KAREN LOEWDIRECTOR
Trustee or director
3$0
JOAN MARIE PALMERDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
47 5TH AVE, NEW YORK, NY 10003-4679
In care of
% CHRIS NUNNALLY GM
Principal officer (990 for 2024)
WILLIAM JOBSON, 47 FIFTH AVENUE, NEW YORK, NY 10003
Signed the 990
GEORGE GRUBB, CHAIR
Phone
(212) 255-7740
Return prepared by
CONDON O'MEARA MCGINTY & DONNELLY LLP

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • SALMAGUNDI OFFERS A WIDE RANGE OF SERVICES AND PROGRAMS SUCH AS LECTURES, CONCERTS, DEMONSTRATIONS, ART EXHIBITIONS, ARTS AND HISTORIC LITERATURE PRESERVATION, ARTISTS' AID AND SUPPORT, LANDMARK PRESERVATION, SUPPORT FOR THE U.S. COAST GUARD ART PROGRAM AND MILITARY VETERANS ART EXHIBITION, AND PANEL DISCUSSIONS THAT ALLOW FOR THE PUBLIC AS WELL AS FOR OUR MEMBERS TO PARTICIPATE IN EDUCATIONAL EVENTS AND ART CRITICISM.
    Expenses $1,211,226 · revenue $804,737
  • SALMAGUNDI OFFERS QUALITY ART EDUCATION TO STUDENTS OF ALL AGES IN A RELAXED ATMOSPHERE WITHOUT THE PRESSURES OF ACADEMIA, ALLOWING EXPERIENCED ARTIST TEACHERS TO WORK WITH STUDENTS OF ALL AGES IN A ONE-ON-ONE LEARNING ENVIRONMENT IN DIFFERENT MEDIA AND AT THEIR OWN PACE.
    Expenses $15,797 · revenue $26,200

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-5365520
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1961
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,149,029
Income (IRS master file)
$3,725,232

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,109,482$2,142,684$5,149,029XML
990December 2023$2,349,485$2,535,960$5,142,541XML
990December 2022$2,508,653$2,363,859$5,339,631IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-5365520).

Questions about SALMAGUNDI CLUB

What is the EIN of SALMAGUNDI CLUB?
The employer identification number (EIN) of SALMAGUNDI CLUB is 13-5365520.
Is SALMAGUNDI CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
Are donations to SALMAGUNDI CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SALMAGUNDI CLUB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SALMAGUNDI CLUB due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SALMAGUNDI CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SALMAGUNDI CLUB?
The 990 for the year ended December 31, 2024 names WILLIAM JOBSON.
Who are the officers and directors of SALMAGUNDI CLUB?
The 990 for the year ended December 31, 2024 lists 28 people; 1 received compensation from the organization, the highest $90,000 (PAUL MORRIS, EXECUTIVE DIRECTOR).
How much revenue does SALMAGUNDI CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,109,482, expenses of $2,142,684 and total assets of $5,149,029 at year end.

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