Preservation League Of New York State
- Assets
- $7.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Albany, NY
- Founding
- 07/1974
- Data as of
- 06/2023
- EIN
- 23-7379938
Organization Overview
Preservation League Of New York State is located in Albany, NY. The organization was established in 1974. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Preservation League Of New York State employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation League Of New York State is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Preservation League Of New York State generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.5m during the year ending 06/2023. While expenses have increased by 2.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Preservation League Of New York State has awarded 314 individual grants totaling $2,302,079. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING HISTORIC PRESERVATION AS A TOOL TO REVITALIZE OUR NEIGHBORHOODS AND COMMUNITIES, HONOR OUR HERITAGE AND ENRICH OUR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS INCLUDE TECHNICAL PRESERVATION SERVICES TO THOSE WORKING TO PROTECT HISTORIC RESOURCES, GRANTS AND LOANS FOR PRESERVATION PROJECTS AND STATEWIDE ADVOCACY AND AWARD PROGRAMS DISIGNED TO PROTECT AND PROMOTE NEW YORK'S MOST THREATENED HISTORIC RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angel Ayon Vice Chair | Trustee | 1 | $0 |
Patrick Ciccone Vice Chair | Trustee | 1 | $0 |
Bret Garwood Vice Chair | Trustee | 1 | $0 |
Frank Emile Sanchis III Chair | Officer | 1 | $0 |
Ruth Pierpont Secretary | Officer | 1 | $0 |
Mark Warren Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $436,547 |
| All other contributions, gifts, grants, and similar amounts not included above | $761,648 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,198,195 |
| Total Program Service Revenue | $0 |
| Investment income | $90,797 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $681,179 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,970,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $368,281 |
| Grants and other assistance to domestic individuals. | $7,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $527,322 |
| Pension plan accruals and contributions | $7,807 |
| Other employee benefits | $38,065 |
| Payroll taxes | $42,124 |
| Fees for services: Management | $9,052 |
| Fees for services: Legal | $4,496 |
| Fees for services: Accounting | $133,349 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,397 |
| Fees for services: Other | $34,885 |
| Advertising and promotion | $72 |
| Office expenses | $39,685 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,616 |
| Travel | $24,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128,679 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,594 |
| Insurance | $7,520 |
| All other expenses | $4,430 |
| Total functional expenses | $1,471,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,395,416 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $350,000 |
| Accounts receivable, net | $1,749 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $25,040 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,077 |
| Net Land, buildings, and equipment | $106,675 |
| Investments—publicly traded securities | $3,987,409 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $447,642 |
| Total assets | $7,332,008 |
| Accounts payable and accrued expenses | $105,849 |
| Grants payable | $0 |
| Deferred revenue | $19,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $125,349 |
| Net assets without donor restrictions | $2,864,428 |
| Net assets with donor restrictions | $4,342,231 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,332,008 |
Grants Awarded
Over the last fiscal year, Preservation League Of New York State has awarded $292,349 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ASCENDANT NEIGHBORHOOD DEVELOPMENT CORPORATION PURPOSE: SOUTHERN EAST HARLEM - CULTURAL RESOURCE SURVEY | $12,000 |
BUFFALO LIGHTHOUSE ASSOCIATION INC PURPOSE: BUFFALO LIGHTHOUSE - HISTORICAL STRUCTURE REPORT | $14,000 |
COUNTY OF CLINTON PURPOSE: COUNTY OF CLINTON OLD STATE RD BRIDGE OVER AUSABLE RIVER - HISTORIC STRUCTURE REPORT | $12,000 |
CUNNEEN HACKETT ARTS CENTER PURPOSE: CUNNEEN HACKETT ARTS CENTER - BUILDING CONDITION REPORT | $13,320 |
COBBLESTONE SOCIETY PURPOSE: SUPPORT FOR COSTS ASSOCIATED WITH CULTURAL RESOURCE SURVEY TO REGISTER THE CHILDS HAMLET AS HISTORIC | $8,000 |
EARLVILLE OPERA HOUSE INC PURPOSE: EARLVILLE OPERA HOUSE - BUILDING CONDITION REPORT | $20,000 |