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Filing year 2023

THE ARMORY FOUNDATION

New York, New York·EIN 13-3680286·NTEE Z99Z · Unknown·3
Total revenue
$12M
Total assets
$13M
Total expenses
$8.8M
Reported officers
26
Mission

THE ARMORY FOUNDATION, A NYC NOT-FOR-PROFIT AND HOME TO THE PREMIER INDOOR TRACK AND FIELD CENTER IN AMERICA, IS COMMITTED TO SERVING YOUTH BY PROMOTING EXCELLENCE AND FITNESS THROUGH A BROAD RANGE OF ATHLETIC, EDUCATIONAL AND COMMUNITY PROGRAMS. THE ARMORY FOUNDATION'S PRIMARY EMPHASIS IS REACHING AND MOTIVATING THE YOUTH OF ALL FIVE BOROUGHS OF NEW YORK CITY BY OFFERING THEM COMPETITIVE TRACK AND FIELD ACTIVITIES AND BROADENING THEIR HORIZONS WITH EDUCATIONAL CLASSES, COLLEGE PREPARATION PROGRAMS AND A VARIETY OF CULTURAL AND SCHOOL-COORDINATED EDUCATIONAL ACTIVITIES. THE ARMORY FOUNDATION HOSTS OVER 105 TRACK EVENTS EACH YEAR, MAINTAINS THE NATIONAL TRACK AND FIELD HALL OF FAME, OPERATES THE LARGEST AFTERSCHOOL ACTIVITY CENTER IN NEW YORK AND OFFERS A VARIETY OF COMMUNITY SUPPORT PROGRAMS IN ITS WORLD CLASS FACILITY.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2023

$381k
$428k
Base
$306k
Bonus
$45k
Other
Benefits
$29k
$379k
$426k
Base
$319k
Bonus
$45k
Other
Benefits
$14k
Chief Operating Officer
$214k
$240k
Base
$188k
Bonus
$25k
Other
Benefits
Director of Facilities
highest compensated employee
$157k
$176k
Base
$142k
Bonus
Other
Benefits
$14k
Building Manager
highest compensated employee
$150k
$169k
Base
$135k
Bonus
Other
Benefits
$14k
Dir. of Writing Institute
highest compensated employee
$136k
$153k
Director of College Admissions
highest compensated employee
$120k
$135k
Director of Operations
$115k
$129k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in organizationPage.redesign.benchmarkBuilder.ntee.Z

Up 9%
from 2022

From $349k in 2022 to $381k in 2023.

$349k
2022
$381k
2023
In today's dollarsEst.
Up 5% in real terms$407k to $428k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE ARMORY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.8M
$8.2M
2022
$12M
$8.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What organizationPage.redesign.benchmarkBuilder.ntee.Z executives earn

Comparable organizationpage.redesign.benchmarkbuilder.ntee.z organizations nationwide pay their highest-earning executive a median of $68,938.

25th percentile
$25k
Median
$68,938
75th percentile
$137k
90th percentile
$262k

These are organizationpage.redesign.benchmarkbuilder.ntee.z sector-wide figures, not this organization's reported pay. Based on 499 organizations across 499 filings (2021 – 2023).

See full organizationPage.redesign.benchmarkBuilder.ntee.Z compensation data
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