Albert & Mary Lasker Foundation Inc
Albert & Mary Lasker Foundation maintains strong assets and zero reported officer compensation amidst fluctuating revenues.
EIN: 131680062 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.6M |
| Total Expenses | $5.5M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $94 |
| Net Assets | $92.0M |
| Transparency Score | 92/100 |
Is Albert & Mary Lasker Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albert & Mary Lasker Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albert & Mary Lasker Foundation Inc
Albert & Mary Lasker Foundation Inc (EIN: 131680062) is a nonprofit organization based in New York, NY. The organization reported total revenue of $11.6M and total assets of $94.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albert & Mary Lasker Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albert & Mary Lasker Foundation Inc is a large nonprofit that has been operating for 82 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $5.5M |
| Surplus / Deficit | $-735,433 |
| Total Assets | $93.0M |
| Total Liabilities | $1.0M |
| Net Assets | $92.0M |
| Operating Margin | -15.4% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 202.7 months |
Financial Health Grade: B
In 2023, Albert & Mary Lasker Foundation Inc reported a deficit of $735K with expenses exceeding revenue, holds 202.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Albert & Mary Lasker Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +72.2% | +14.0% | +5.2% |
| 2022 | -69.3% | -0.4% | -14.5% |
| 2021 | +98.8% | +40.9% | +16.5% |
| 2020 | -24.7% | -27.9% | +6.4% |
| 2019 | +20.8% | +13.9% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albert & Mary Lasker Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Albert & Mary Lasker Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $735K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a foundation of its size with assets exceeding $94 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Albert & Mary Lasker Foundation Inc's IRS 990 filings:
- Fluctuating annual revenues, which could impact short-term operational budgeting if not managed by endowment draw.
Strengths
The following positive indicators were identified for Albert & Mary Lasker Foundation Inc:
- Strong and growing asset base, reaching $94,057,044.
- Consistent reporting of 0% officer compensation, indicating high transparency and efficiency.
- Effective management of expenses relative to assets and mission.
- High estimated program spending ratio (75%), demonstrating strong mission focus.
- Long history of IRS 990 filings, indicating consistent compliance and transparency.
Frequently Asked Questions about Albert & Mary Lasker Foundation Inc
Is Albert & Mary Lasker Foundation Inc a legitimate charity?
Albert & Mary Lasker Foundation Inc (EIN: 131680062) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $11.6M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Albert & Mary Lasker Foundation Inc spend its money?
Albert & Mary Lasker Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Albert & Mary Lasker Foundation Inc tax-deductible?
Albert & Mary Lasker Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131680062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Albert & Mary Lasker Foundation Inc CEO make?
Albert & Mary Lasker Foundation Inc's highest-compensated officer earns $94 annually. The organization reported $11.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Albert & Mary Lasker Foundation Inc's spending goes to programs?
Albert & Mary Lasker Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Albert & Mary Lasker Foundation Inc located?
Albert & Mary Lasker Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 131680062.
How many years of IRS 990 filings does Albert & Mary Lasker Foundation Inc have?
Albert & Mary Lasker Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.6M in total revenue.
Is the Albert & Mary Lasker Foundation Inc. financially stable?
Yes, the foundation is financially stable, evidenced by its substantial and growing asset base, which reached $94,057,044 in the latest period, and its ability to manage expenses effectively despite revenue fluctuations.
How much of the foundation's spending goes to its programs?
Based on typical foundation spending patterns and the overall financial health, an estimated 75% of the foundation's spending is directed towards its programs, indicating a strong focus on its mission.
Does the foundation pay its executives?
No, the foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to its officers.
Has the foundation's revenue been consistent?
No, the foundation's revenue has fluctuated significantly over the years, ranging from $1,349,161 in 2012 to $10,931,374 in 2011, which is common for foundations relying on investment income and varied donations.
What is the trend in the foundation's assets?
The foundation's assets have shown a consistent upward trend over the long term, growing from $64,522,579 in 2011 to $94,057,044 in the latest period, indicating strong financial management and growth.
Filing History
IRS 990 filing history for Albert & Mary Lasker Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Albert & Mary Lasker Foundation Inc's revenue has declined by 56.4%, moving from $10.9M to $4.8M. Total assets increased by 44.1% over the same period, from $64.5M to $93.0M. Total functional expenses rose by 77.5%, from $3.1M to $5.5M. In its most recent filing year (2023), Albert & Mary Lasker Foundation Inc reported a deficit of $735K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $93.0M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $92.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $5.5M | $93.0M | $1.0M | — | — |
| 2022 | $2.8M | $4.8M | $88.4M | $1.2M | — | View 990 |
| 2021 | $9.0M | $4.8M | $103.4M | $718K | — | View 990 |
| 2020 | $4.5M | $3.4M | $88.7M | $582K | — | View 990 |
| 2019 | $6.0M | $4.8M | $83.4M | $530K | — | — |
| 2015 | $5.0M | $4.2M | $73.0M | $448K | — | View 990 |
| 2014 | $3.5M | $3.4M | $75.7M | $485K | — | View 990 |
| 2013 | $2.9M | $3.3M | $75.5M | $397K | — | View 990 |
| 2012 | $1.3M | $3.4M | $66.7M | $281K | — | View 990 |
| 2011 | $10.9M | $3.1M | $64.5M | $203K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $5.5M, and assets of $93.0M (revenue +72.2% year-over-year).
- 2022: Revenue of $2.8M, expenses of $4.8M, and assets of $88.4M (revenue -69.3% year-over-year).
- 2021: Revenue of $9.0M, expenses of $4.8M, and assets of $103.4M (revenue +98.8% year-over-year).
- 2020: Revenue of $4.5M, expenses of $3.4M, and assets of $88.7M (revenue -24.7% year-over-year).
- 2019: Revenue of $6.0M, expenses of $4.8M, and assets of $83.4M (revenue +20.8% year-over-year).
- 2015: Revenue of $5.0M, expenses of $4.2M, and assets of $73.0M (revenue +42.0% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.4M, and assets of $75.7M (revenue +21.3% year-over-year).
- 2013: Revenue of $2.9M, expenses of $3.3M, and assets of $75.5M (revenue +114.3% year-over-year).
- 2012: Revenue of $1.3M, expenses of $3.4M, and assets of $66.7M (revenue -87.7% year-over-year).
- 2011: Revenue of $10.9M, expenses of $3.1M, and assets of $64.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albert & Mary Lasker Foundation Inc:
Data Sources and Methodology
This transparency report for Albert & Mary Lasker Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.