New York Academy of Medicine
Public records show a registered, tax-exempt organization in good standing.
What it says it does
DRIVE PROGRESS TOWARDS IMPROVED HEALTH THROUGH ATTAINING HEALTH EQUITY.
- Income
- $10.6 million
- Spending
- $12.2 million
- Spent on programs
- 70%
- Reserves
- 26.7 months of spending
- Largest source of income
- donations and private grants, 34%
- Employees
- 73
- Volunteers
- 26
- Highest pay
- $722,196, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 61% of charities in its peer group (health care, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 26.7 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
4 of 15Spending exceeded income by 15% of income.
Income trend
0 of 15Income fell 45% on the year before.
Spending floor
15 of 1570% of spending went to programs and raising each dollar of donations cost 27 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 52% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 2521 of 22 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.6 million spent. CENTER FOR EVALUATION AND APPLIED RESEARCH - SEE SCHEDULE O.THE CENTER FOR EVALUATION AND APPLIED RESEARCH (CEAR) PARTNERS WITH COMMUNITY ORGANIZATIONS, HEALTH DEPARTMENTS, PHILANTHROPIC ORGANIZATIONS, HEALTHCARE PROVIDERS AND OTHER RESEARCHERS TO 1) PLAN, ASSESS AND STRENGTHEN PROGRAMS FOCUSED ON HEALTH AND WELL-BEING; 2) INCORPORATE COMMUNITY PERSPECTIVES INTO PROGRAM DEVELOPMENT, PROGRAM ASSESSMENT AND DECISION-MAKING; AND 3) BUILD AND DISSEMINATE EVIDENCE ON STRATEGIES TO IMPROVE HEALTHCARE AND RELATED SERVICES TO ADDRESS THE STRUCTURAL, SOCIAL, ECONOMIC AND ENVIRONMENTAL FACTORS THAT IMPACT HEALTH, INCLUDING RACISM AND OTHER INEQUITIES. CEAR ALSO PROVIDES RESEARCH AND EVALUATION TRAINING AND TECHNICAL ASSISTANCE TO ORGANIZATIONS AND INSTITUTIONS WITH THE AIM OF BUILDING INTERNAL CAPACITY TO SELF-ASSESS THEIR WORK, BETTER DOCUMENT ACCOMPLISHMENTS, IMPROVE PROGRAMS, AND RESPOND TO COMMUNITY NEEDS. CEAR RESEARCHERS HAVE EXPERTISE IN BOTH QUALITATIVE AND QUANTITATIVE METHODS, AS WELL AS PARTICIPATORY RESEARCH METHODS, INCLUDING PUBLIC DELIBERATION. CEAR ACCOMPLISHMENTS IN 2024 INCLUDE IMPLEMENTATION OF APPROXIMATELY 24 RESEARCH, EVALUATION AND TECHNICAL ASSISTANCE PROJECTS; COMPLETION OF EIGHTEEN RESEARCH AND EVALUATION REPORTS FOR PROJECT PARTNERS; SUBMISSION OF SIX PEER REVIEWED MANUSCRIPTS, FIVE OF WHICH HAVE BEEN PUBLISHED TO DATE; AND SEVEN PRESENTATIONS AT SIX PROFESSIONAL CONFERENCES. CEAR ALSO DEVELOPED SEVERAL OTHER PRODUCTS, INCLUDING AN ISSUE BRIEF ON CASH ASSISTANCE FOR IMMIGRANTS AND TWO BRIEF PUBLICLY AVAILABLE REPORTS ON NEED FOR AND ACCESS TO SAFE HOUSING FOR OLDER ADULTS EXPERIENCING HARM. BELOW ARE EXAMPLES OF 2024 CEAR PROJECTS:EVALUATION SERVICES FOR WORKWELL NYC, A WORKSITE WELLNESS INITIATIVE OF THE MAYOR'S OFFICE OF LABOR RELATIONS, AVAILABLE TO ALL EMPLOYEES OF NYC MUNICIPAL AGENCIES. WORKING IN COLLABORATION WITH WORKWELL NYC STAFF, CEAR SUPPORTS EVALUATION AND REFINEMENT OF THE PROGRAM THROUGH SURVEYS, FOCUS GROUPS, AND TECHNICAL ASSISTANCE TO INCREASE STAFF CAPACITY REGARDING PROGRAM EVALUATION AND THE APPLICATION OF EVALUATION FINDINGS. EVALUATION OF EXHALE, A RESPITE INITIATIVE CREATED TO SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF INNOVATIVE RESPITE OPPORTUNITIES FOR CAREGIVERS OF OLDER ADULTS. FUNDED BY THE RALPH C. WILSON, JR. FOUNDATION, THE HEALTH FOUNDATION FOR WESTERN & CENTRAL NEW YORK AND THE ANN ARBOR AREA COMMUNITY FOUNDATION - AND WORKING IN COLLABORATION WITH THE PHILANTHROPIC INITIATIVE - THE PROGRAM IS FOCUSED ON WESTERN NEW YORK STATE AND WASHTENAW COUNTY, MICHIGAN. CEAR IS EVALUATING THE OVERALL INITIATIVE AND PROVIDES ONGOING EVALUATION SUPPORT TO EXHALE GRANTEES, WORKING COLLABORATIVELY WITH STAKEHOLDERS TO MEET THE EVOLVING NEEDS AND PRIORITIES OF THE PROGRAM.
- $1.3 million spent. COMMUNITY PARTNERSHIPS AND POLICY SOLUTIONS - SEE SCHEDULE O.THE CENTER FOR COMMUNITY PARTNERSHIPS AND POLICY SOLUTIONS (CPPS) PARTNERS WITH RESIDENTS, COMMUNITY LEADERS, AND DECISION-MAKERS TO IDENTIFY INNOVATIVE POLICY SOLUTIONS. WE ACTIVELY WORK WITH OUR PARTNERS TO ALIGN AND SHAPE THE ACTIONS OF GOVERNMENT AND INDUSTRY TO SERVE THE COMMUNITY BETTER, RECOGNIZE AND AMPLIFY ITS ASSETS, AND TRANSFORM THE PLACES WHERE WE LIVE, WORK, PLAY, AND LEARN INTO ENVIRONMENTS THAT PROMOTE HEALTH FOR ALL. AS A TRUSTED CONVENER AND FACILITATOR, WE WORK TO HONOR AND AMPLIFY THE VOICES OF PEOPLE WITH LIVED EXPERIENCES OF HEALTH INEQUITIES AND BRIDGE CONNECTIONS BETWEEN COMMUNITIES, GOVERNMENT, THE HEALTHCARE SYSTEM, AND OTHER STAKEHOLDERS. WE ALSO DEVELOP AND IMPLEMENT AWARD-WINNING, PLACE-BASED PROGRAMS AND CONDUCT RESEARCH TO INFORM SPECIFIC POLICY CHANGES. THESE INITIATIVES ADDRESS SOME OF THE MOST CRITICAL HEALTH EQUITY ISSUES OF OUR TIME.IN 2024, CPPS INITIATED A COLLABORATION WITH THE NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE IN THE COALITION TO END RACISM IN CLINICAL ALGORITHMS (CERCA). THROUGH THIS MULTI-YEAR INITIATIVE, CPPS IS PARTNERING WITH SAFETY-NET HOSPITALS IN BROOKLYN TO EXAMINE THE IMPACT OF REMOVING PATIENT RACE FROM CLINICAL ALGORITHMS ON PATIENT OUTCOMES. CPPS ALSO CONTINUED AND EXTENDED ONGOING RESEARCH AND PROGRAMMING PARTNERSHIPS INCLUDING: 1) THE EAST HARLEM ACTION COLLABORATIVE, A COMMUNITY GROUP THAT ENGAGES IN ADVOCACY AND AWARENESS CAMPAIGNS TO IMPROVE CHILD AND FAMILY HEALTH IN EAST HARLEM; 2) THE YOUTHWORKS MENTORING PROGRAM, THROUGH WHICH, NYAM PROVIDES FUNDING TO MENTORS ACROSS NYC TO SUPPORT THEIR PROVISION OF MENTORING SERVICES TO YOUTH IN VULNERABLE CONTEXTS, AND NYAM MEASURES THE IMPACT OF THESE SERVICES; 3) THE AGE-FRIENDLY GO LOCAL PROGRAM, THROUGH WHICH CPPS PARTNERS WITH THE HEALTH FOUNDATION FOR WESTERN AND CENTRAL NEW YORK TO ADMINISTER A GRANT PROGRAM AND PROVIDE TECHNICAL ASSISTANCE TO GRASSROOTS ORGANIZATIONS DEVELOPING AGE-FRIENDLY COMMUNITIES; 4) THE AGE-FRIENDLY PUBLIC HEALTH SYSTEMS INITIATIVE EVALUATION, IN WHICH CPPS CONTINUES ITS EVALUATION OF NATIONAL, STATE, AND LOCAL-LEVEL EFFORTS IN ITS THIRD PHASE TO SUPPORT CAPACITY BUILDING FOR PUBLIC HEALTH AND THE IMPROVEMENT OF THE HEALTH AND WELL-BEING OF OLDER ADULTS; AND 5) FOUNDATION FUNDED RESEARCH ON THE EARLY CHILDHOOD WORKFORCE.
- $1.3 million spent. THE ACADEMY LIBRARY - SEE SCHEDULE O.THE ACADEMY LIBRARY (HTTPS://WWW.NYAM.ORG/LIBRARY/) BEGAN OPERATIONS IN JANUARY 1847, AS PART OF THE NEWLY ESTABLISHED NEW YORK ACADEMY OF MEDICINE. IN 1878 THE LIBRARY OPENED TO THE PUBLIC, AS IT REMAINS TODAY. IN THE LATE 19TH CENTURY, THE LIBRARY BEGAN COLLECTING RARE AND HISTORICAL WORKS IN MEDICINE. TODAY THE COLLECTIONS COMPRISE OVER A MILLION ITEMS: OVER 550,000 VOLUMES OF BOOKS AND JOURNALS, INCLUDING A RARE BOOK COLLECTION OF APPROXIMATELY 32,000 VOLUMES; 275,000 PORTRAITS AND ILLUSTRATIONS; APPROXIMATELY 400,000 PAMPHLETS; AND OVER 1,800 LINEAR FEET OF MANUSCRIPTS AND ARCHIVES. IN 2012, THE LIBRARY RESTRUCTURED AS AN HISTORICAL MEDICAL LIBRARY. THE LIBRARY RETAINS THE MEDICAL LITERATURE IT ACQUIRED OVER 175 YEARS OF SERVICE, AND NOW FOCUSES ITS COLLECTING ON RARE AND HISTORICAL WORKS IN MEDICINE AND PUBLIC HEALTH, AS WELL AS HISTORICAL LITERATURE IN THOSE AREAS. IT SERVES RESEARCHERS WITH MATERIALS FROM OUR COLLECTIONS; SUPPORTS TWO RESEARCH FELLOWSHIPS, THE AUDREY AND WILLIAM H. HELFAND FELLOWSHIP IN THE HISTORY OF MEDICINE AND PUBLIC HEALTH, AND THE PAUL KLEMPERER FELLOWSHIP IN THE HISTORY OF MEDICINE; PROVIDES VISITORS AND CLASSES WITH TOURS OF THE COLLECTIONS AND THE HISTORIC BUILDING; MOUNTS HISTORICAL PROGRAMS; AND SHARES ITS INSIGHTS THROUGH SOCIAL MEDIA AND THE LIBRARY BLOG. ON SEPTEMBER 25, 2024, THE ACADEMY LIBRARY MOUNTED A CONFERENCE, "THE FUTURE OF HISTORICAL MEDICAL LIBRARIES IN THE DIGITAL AGE." CONCEIVED AS A FOLLOW-UP TO THE DECEMBER 2013 GATHERING AT THE COLLEGE OF PHYSICIANS OF PHILADELPHIA, "EMERGING ROLES FOR HISTORICAL MEDICAL LIBRARY: VALUE IN THE DIGITAL AGE," THE CONFERENCE ADDRESSED ISSUES OF IDENTITY, TECHNOLOGY, AND ORGANIZATION, AND WAS DESIGNED TO BE OF INTEREST TO SPECIAL COLLECTIONS LIBRARIES MORE GENERALLY. THE CONFERENCE FEATURED 16 SPEAKERS, AMONG THEM KEYNOTER TREVOR OWENS, AMERICAN INSTITUTE OF PHYSICS, "CATCHING UP TO THE DIGITAL PRESENT: A FUTURE FOR HISTORY OF SCIENCE, TECHNOLOGY, AND MEDICINE COLLECTIONS, AND JEREMY A. GREENE, JOHNS HOPKINS UNIVERSITY, "THE FUTURE OF THE PAST IN ACADEMIC MEDICINE: RETHINKING THE HISTORICAL ROLE OF THE MEDICAL LIBRARY." WE SAW OVER 250 ATTENDEES, ABOUT 100 IN PERSON AND 175 VIRTUALLY, WITH OUR NEWLY AVAIBLE STREAMING SET-UP. PLANS ARE UNDERWAY TO HAVE THE CONFERENCE PAPERS PUBLISHED. FURTHER INFORMATION ABOUT THE CONFERENCE IS FOUND AT HTTPS://WWW.NYAM.ORG/EVENTS/EVENT/FUTURE-HISTORICAL-MEDICAL-LIBRARIES-DIGITAL-AGE/. THE LIBRARY'S 2024 PROGRAMMING (HTTPS://WWW.NYAM.ORG/LIBRARY/LIBRARY-EVENTS-PROGRAMS/) CONTINUED "COLOR OUR COLLECTIONS," (HTTP://LIBRARY.NYAM.ORG/COLOROURCOLLECTIONS/)FEBRUARY 59, MOUNTING COLORING BOOKS FROM 93 LIBRARIES, ARCHIVES, MUSEUMS, AND CULTURAL INSTITUTIONS FROM AROUND THE WORLD. THE LIBRARY'S OWN COLORING BOOK FOCUSED ON "LIVING WELL IN THE 19TH AND 20TH CENTURIES," REFLECTING THE IDEA THAT GOOD HEALTH IS NOT SIMPLY THE ABSENCE OF DISEASE. ON JUNE 18 WE PARTICIPATED IN THE ANNUAL MUSEUM MILE FESTIVAL ON FIFTH AVENUE, AND ON OCTOBER 20, IN OPEN HOUSE NEW YORK WEEKEND, OFFERING TOURS OF THE ACADEMY BUILDING IN CONNECTION WITH THIS CITY-WIDE ARCHITECTURAL EVENT. WE OFFERED TEN DROP-IN, THEME-BASED PRESENTATIONS OF THE COLLECTIONS ON THE FIRST MONDAY OF EACH MONTH AT NOON. THE LIBRARY'S BLOG, "BOOKS, HEALTH, AND HISTORY," (HTTPS://NYAMCENTERFORHISTORY.ORG/) POSTED ELEVEN ARTICLES IN 2024, INCLUDING POSTS ON WHEATLESS CAKE RECIPES, DEVELOPED IN RESPONSE TO GRAIN SHORTAGES DURING WORLD WAR I, BLOOD DONATION, AND, AS PART OF THE CELEBRATION OF PRIDE MONTH, THE LIBRARY'S COLLECTION OF THE LADDER, PUBLISHED BY THE DAUGHTERS OF BILITIS, A GAY-FORWARD ORGANIZATION OF THE 1950S AND '60S. ON APRIL 18, 2024, IN HONOR OF EARTH DAY WE SCREENED "HOW TO BLOW UP A PIPELINE," AN IMAGINATIVE FILM THAT FOLLOWS EIGHT INDIVIDUALS WHO TRY TO FIGHT AGAINST A SHARED ENVIRONMENTAL ENEMY. AFTER THIS FILM WE HOSTED A DISCUSSION WITH BRIANA CARBAJAL, STATE LEGISLATIVE MANAGER AT WE ACT FOR ENVIRONMENTAL JUSTICE. ON NOVEMBER 12, 2024, WE PRESENTED THE EAST COAST PREMIERE OF "MENSCH: A FILM ABOUT LUDWIK HIRSZFELD," POLISH BIOMEDICAL RESEARCHER AND SURVIVOR OF THE WARSAW GHETTO. FOLLOWING THE FILM, WE HOSTED A DISCUSSION MODERATED BY DR. RITA CHARON, COLUMBIA UNIVERSITY NARRATIVE MEDICINE, FEATURING THE FILM'S DIRECTOR, PAWE WYSOCZASKI, HISTORIAN OF MEDICINE DR. WILLIAM H. SCHNEIDER, INDIANA UNIVERSITY, AND INTERNIST DR. STEVEN L. SPITALNIK, COLUMBIA UNIVERSITY.THE LIBRARY HOSTED TWO RESEARCH FELLOWS IN 2024: HELFAND FELLOW SHERYL ANNE WOMBELL, CAMBRIDGE UNIVERSITY, WHO DELVED INTO OUR COLLECTION OF EARLY MODERN RECIPE BOOKS, AND KLEMPERER FELLOW MICHAEL ROBINSON, UNIVERSITY OF BIRMINGHAM, WHO COMPARED UK AND US INTERWAR RESPONSES TO TRAUMA.
- $3.4 million spent. OTHER PROGRAM SERVICES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1937.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
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