Catherine & Henry J Gaisman Fdn
Catherine & Henry J Gaisman Fdn consistently disburses more than its annual revenue, drawing down its endowment for philanthropic grants.
EIN: 136129464 · Wainscott, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $11.4M |
| Program Spending | 95% |
| Net Assets | $57.9M |
| Transparency Score | 85/100 |
Is Catherine & Henry J Gaisman Fdn Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catherine & Henry J Gaisman Fdn directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catherine & Henry J Gaisman Fdn
Catherine & Henry J Gaisman Fdn (EIN: 136129464) is a nonprofit organization based in Wainscott, NY. The organization reported total revenue of $4.1M and total assets of $54.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catherine & Henry J Gaisman Fdn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catherine & Henry J Gaisman Fdn is a mid-size nonprofit that has been operating for 90 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $11.4M |
| Surplus / Deficit | $-3,201,774 |
| Total Assets | $57.9M |
| Total Liabilities | $1 |
| Net Assets | $57.9M |
| Operating Margin | -39.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 61.1 months |
Financial Health Grade: B
In 2023, Catherine & Henry J Gaisman Fdn reported a deficit of $3.2M with expenses exceeding revenue, holds 61.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Catherine & Henry J Gaisman Fdn's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.2% | -1.2% | -5.3% |
| 2022 | +614.6% | +8.7% | -9.8% |
| 2021 | +361.3% | -4.0% | -6.6% |
| 2020 | -97.9% | +12.6% | -55.7% |
| 2019 | +203.8% | +0.1% | +44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1936 |
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 Catherine & Henry J Gaisman Fdn with a Mission Score of 85 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Catherine & Henry J Gaisman Fdn allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $3.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly efficient for a foundation of its size.
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 Catherine & Henry J Gaisman Fdn's IRS 990 filings:
- Consistent significant expenses exceeding revenue, leading to substantial asset drawdowns over several years.
Strengths
The following positive indicators were identified for Catherine & Henry J Gaisman Fdn:
- Zero officer compensation reported, indicating highly efficient governance.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Substantial asset base of $57,900,831 in 2023, allowing for continued philanthropic activity.
- Low liabilities, consistently reported as $1 in recent years.
Frequently Asked Questions about Catherine & Henry J Gaisman Fdn
Is Catherine & Henry J Gaisman Fdn a legitimate charity?
Catherine & Henry J Gaisman Fdn (EIN: 136129464) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Catherine & Henry J Gaisman Fdn spend its money?
Catherine & Henry J Gaisman Fdn directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Catherine & Henry J Gaisman Fdn tax-deductible?
Catherine & Henry J Gaisman Fdn is registered as a tax-exempt nonprofit (EIN: 136129464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catherine & Henry J Gaisman Fdn located?
Catherine & Henry J Gaisman Fdn is headquartered in Wainscott, New York and files with the IRS under EIN 136129464.
How many years of IRS 990 filings does Catherine & Henry J Gaisman Fdn have?
Catherine & Henry J Gaisman Fdn 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 $4.1M in total revenue.
What is the primary focus of the grants made by the Catherine & Henry J Gaisman Fdn?
The IRS 990 data indicates the foundation is a grant-making entity, but specific details on the types of organizations or causes it supports are not available in the provided financial summary.
How does the foundation manage its endowment given the consistent decline in assets?
The consistent decline in assets from $163,781,338 in 2019 to $57,900,831 in 2023, alongside expenses significantly exceeding revenue, suggests the foundation is actively distributing its endowment through grants. Further details on investment strategies are not available in this summary.
Are there any plans to replenish the endowment or adjust grant-making levels?
The provided financial data does not offer insights into future plans for endowment management or adjustments to grant-making levels. The foundation's long-term sustainability would depend on its investment returns and potential future contributions.
Filing History
IRS 990 filing history for Catherine & Henry J Gaisman Fdn showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Catherine & Henry J Gaisman Fdn's revenue has grown by 423.9%, moving from $1.6M to $8.2M. Total assets increased by 2976.6% over the same period, from $1.9M to $57.9M. Total functional expenses rose by 336%, from $2.6M to $11.4M. In its most recent filing year (2023), Catherine & Henry J Gaisman Fdn reported a deficit of $3.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $57.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $57.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $11.4M | $57.9M | $1 | — | — |
| 2022 | $4.5M | $11.5M | $61.1M | $1 | — | View 990 |
| 2021 | $624K | $10.6M | $67.8M | $1 | — | — |
| 2020 | $135K | $11.0M | $72.6M | $1 | — | — |
| 2019 | $6.6M | $9.8M | $163.8M | $1 | — | View 990 |
| 2015 | $2.2M | $9.8M | $113.5M | $0 | — | View 990 |
| 2014 | $12.5M | $8.8M | $123.9M | $387K | — | View 990 |
| 2013 | $6.4M | $4.8M | $5.7M | $1 | — | View 990 |
| 2012 | $43.8M | $2.7M | $44.4M | $1 | — | View 990 |
| 2011 | $1.6M | $2.6M | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $11.4M, and assets of $57.9M (revenue +83.2% year-over-year).
- 2022: Revenue of $4.5M, expenses of $11.5M, and assets of $61.1M (revenue +614.6% year-over-year).
- 2021: Revenue of $624K, expenses of $10.6M, and assets of $67.8M (revenue +361.3% year-over-year).
- 2020: Revenue of $135K, expenses of $11.0M, and assets of $72.6M (revenue -97.9% year-over-year).
- 2019: Revenue of $6.6M, expenses of $9.8M, and assets of $163.8M (revenue +203.8% year-over-year).
- 2015: Revenue of $2.2M, expenses of $9.8M, and assets of $113.5M (revenue -82.7% year-over-year).
- 2014: Revenue of $12.5M, expenses of $8.8M, and assets of $123.9M (revenue +94.3% year-over-year).
- 2013: Revenue of $6.4M, expenses of $4.8M, and assets of $5.7M (revenue -85.3% year-over-year).
- 2012: Revenue of $43.8M, expenses of $2.7M, and assets of $44.4M (revenue +2708.0% year-over-year).
- 2011: Revenue of $1.6M, expenses of $2.6M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catherine & Henry J Gaisman Fdn:
Data Sources and Methodology
This transparency report for Catherine & Henry J Gaisman Fdn 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.