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Nonprofit · EIN 23-7186077

OLD MERCHANTS HOUSE OF NEW YORK INC

Tax-exempt (reinstated) · NEW YORK, NY 10003

Financials

$992K$922K2024
Revenue Expenses · by fiscal year end
Financials of OLD MERCHANTS HOUSE OF NEW YORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$991,932$922,317$69,615$4,483,487$44,368$4,439,119
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$305,878
of which government grants
$180,000
Membership dues
$25,259
Program service revenue
$221,088
Investment income
$446,113
Net gain from sales of assets
$150,713
Other revenue
$18,853

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$182,500
Other salaries and wages
$108,866
Salaries, compensation and benefits (total)
$336,056
Professional fundraising fees
$16,200
Accounting fees
$24,885
Occupancy
$156,000
Depreciation
$4,944
Program services (functional)
$659,387
Management and general (functional)
$155,172
Fundraising (functional)
$107,758

Balance sheet and other

Total assets, start of year
$4,328,890
Total assets, end of year
$4,483,487
Total liabilities, end of year
$44,368
Net assets, end of year
$4,439,119
Land, buildings and equipment
$82,844
Publicly traded securities
$4,283,833
Net assets without donor restrictions
$314,403
Net assets with donor restrictions
$4,124,716
Gross receipts
$1,357,561
Employees
2
Volunteers
0
Year formed
1936
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 / weekCompensation
MARGARET GARDINEREXECUTUVE DIRECTOR
Trustee or director
40$182,500
HELEN BONBRAKEBOARD MEMBER
Trustee or director
0$0
EARL CRITTENDENBOARD MEMBER
Trustee or director
0$0
FRANCES EBERHARTBOARD MEMBER
Trustee or director
0$0
MERRIKAY HALLBOARD MEMBER
Trustee or director
0$0
JOSEPH LOMBARDIBOARD MEMBER
Trustee or director
0$0
ELIZABETH LUGARBOARD MEMBER
Trustee or director
0$0
DEBORAH MCWILLIAMSSECRETARY
Trustee or director, Officer
0$0
NICHOLAS NICHOLSONCHAIRMAN
Trustee or director, Officer
0$0
JOHN ODENTREASURER
Trustee or director, Officer
0$0
KATE OTTAVINOBOARD MEMBER
Trustee or director, Officer
0$0
RICHARD SAMMONSBOARD MEMBER
Trustee or director
0$0
WILLIAM SOFIELDBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
29 E 4TH ST, NEW YORK, NY 10003-7003
Principal officer (990 for 2024)
MARGARET GARDINER, 178 SULLIVAN STREET, NEW YORK, NY 10012
Signed the 990
MARGARET GARDINER, EXECUTIVE DIRECTOR
Phone
(212) 777-1089
Return prepared by
BERNSTEIN ROSEN & COMPANY CPAS PC

Mission

THE ORGANIZATION'S MISSION, OR MOST SIGNIFICANT ACTIVITY, INVOLVES THE HISTORIC HOUSE MUSEUM. OPEN TO THE GENERAL PUBLIC TWELVE MONTHS PER YEAR, THE HOUSE WAS FIRST OPEN TO THE PUBLIC IN 1936. IT IS VISITED BY THOUSANDS OF INDIVIDUALS EACH YEAR. IT GIVES VISITORS AN INSIGHT INTO THE MERCHANTS HOUSE MUSEUM CAN ILLUSTRATE TO VISITING SCHOOL CHILDREN HOW THEIR LIVES ARE MUCH DIFFERENT FROM THE LIVES OF THEIR PEERS IN A MID 19TH CENTURY WEALTHY HOME DURING THE AMERICAN CIVIL WAR.THE HOUSE IS ESSENTIALLY A WORTHWHILE EXPERIENCE FOR SCHOOL AGE CHILDREN WHO VISIT THE HOUSE WITH THEIR TEACHERS. THEY ARE ALWAYS AMAZED AT THE DIFFERENCE IN THEIR LIVES AS COMPARED TO LIFE IN THE 19TH CENTURY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE MERCHANTS HOUSE MUSEUM CAN ILLUSTRATE TO VISITING SCHOOL CHILDREN HOW THEIR LIVES ARE MUCH DIFFERENT FROM THE LIVES OF THEIR PEERS IN A MID 19TH CENTURY WEALTHY HOME DURING THE AMERICAN CIVIL WAR.
    Expenses $659,387

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, 2024Check at the IRS

IRS record

EIN
23-7186077
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,483,487
Income (IRS master file)
$1,357,561

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$991,932$922,317$4,483,487IRS
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 23-7186077).

Questions about OLD MERCHANTS HOUSE OF NEW YORK INC

What is the EIN of OLD MERCHANTS HOUSE OF NEW YORK INC?
The employer identification number (EIN) of OLD MERCHANTS HOUSE OF NEW YORK INC is 23-7186077.
Is OLD MERCHANTS HOUSE OF NEW YORK INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to OLD MERCHANTS HOUSE OF NEW YORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLD MERCHANTS HOUSE OF NEW YORK INC 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 OLD MERCHANTS HOUSE OF NEW YORK INC 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 OLD MERCHANTS HOUSE OF NEW YORK INC 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 OLD MERCHANTS HOUSE OF NEW YORK INC?
The 990 for the year ended December 31, 2024 names MARGARET GARDINER.
Who are the officers and directors of OLD MERCHANTS HOUSE OF NEW YORK INC?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $182,500 (MARGARET GARDINER, EXECUTUVE DIRECTOR).
How much revenue does OLD MERCHANTS HOUSE OF NEW YORK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $991,932, expenses of $922,317 and total assets of $4,483,487 at year end.

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