Culinary Institute Of America
EIN: 60653264 · Hyde Park, NY · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $215.3M |
| Total Expenses | $209.6M |
| Net Assets | $347.3M |
Is Culinary Institute Of America Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Culinary Institute Of America
Culinary Institute Of America (EIN: 60653264) is a nonprofit organization based in Hyde Park, NY, classified under NTEE code B30. The organization reported total revenue of $215.3M and total assets of $554.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Culinary Institute Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Culinary Institute Of America is a major nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $225.8M |
| Total Expenses | $209.6M |
| Surplus / Deficit | +$16.2M |
| Total Assets | $519.6M |
| Total Liabilities | $172.3M |
| Net Assets | $347.3M |
| Operating Margin | 7.2% |
| Debt-to-Asset Ratio | 33.2% |
| Months of Reserves | 29.7 months |
Financial Health Grade: A
In 2023, Culinary Institute Of America reported a surplus of $16.2M with revenue exceeding expenses, holds 29.7 months of operating reserves (strong position), has a debt-to-asset ratio of 33.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Culinary Institute Of America's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.2% | +22.0% | +5.0% |
| 2022 | +21.6% | +17.8% | -1.0% |
| 2021 | -7.4% | -14.8% | +4.6% |
| 2020 | -17.7% | -3.7% | -3.9% |
| 2019 | +10.5% | +2.3% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Culinary Institute Of America has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Culinary Institute Of America with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.2%.
Frequently Asked Questions about Culinary Institute Of America
Is Culinary Institute Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Culinary Institute Of America (EIN: 60653264) insufficient data. 0 red flags identified, 0 strengths noted.
How does Culinary Institute Of America spend its money?
Detailed spending breakdown data is not yet available for Culinary Institute Of America. Check back for updated IRS 990 analysis.
Are donations to Culinary Institute Of America tax-deductible?
Culinary Institute Of America is registered as a tax-exempt nonprofit (EIN: 60653264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Culinary Institute Of America located?
Culinary Institute Of America is headquartered in Hyde Park, New York and files with the IRS under EIN 60653264. It is classified under NTEE code B30.
How many years of IRS 990 filings does Culinary Institute Of America have?
Culinary Institute Of America has 13 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 $215.3M in total revenue.
Filing History
IRS 990 filing history for Culinary Institute Of America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Culinary Institute Of America's revenue has grown by 41.9%, moving from $159.1M to $225.8M. Total assets increased by 59.1% over the same period, from $326.5M to $519.6M. Total functional expenses rose by 46.1%, from $143.5M to $209.6M. In its most recent filing year (2023), Culinary Institute Of America reported a surplus of $16.2M, with revenue exceeding expenses. The organization holds $172.3M in liabilities against $519.6M in assets (debt-to-asset ratio: 33.2%), resulting in net assets of $347.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $225.8M | $209.6M | $519.6M | $172.3M | — | View 990 |
| 2022 | $176.1M | $171.9M | $494.8M | $163.3M | — | View 990 |
| 2021 | $144.8M | $145.9M | $499.6M | $168.7M | — | View 990 |
| 2020 | $156.4M | $171.1M | $477.5M | $192.3M | — | View 990 |
| 2019 | $190.1M | $177.8M | $496.9M | $197.6M | — | View 990 |
| 2018 | $172.1M | $173.7M | $471.4M | $185.3M | — | View 990 |
| 2017 | $173.4M | $171.2M | $463.7M | $188.5M | — | View 990 |
| 2016 | $186.1M | $175.4M | $426.3M | $166.9M | — | View 990 |
| 2015 | $165.5M | $162.0M | $435.6M | $178.1M | — | View 990 |
| 2014 | $160.0M | $155.8M | $428.2M | $178.6M | — | View 990 |
| 2013 | $163.3M | $153.9M | $381.8M | $153.6M | — | View 990 |
| 2012 | $168.3M | $146.6M | $343.9M | $144.3M | — | View 990 |
| 2011 | $159.1M | $143.5M | $326.5M | $137.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $225.8M, expenses of $209.6M, and assets of $519.6M (revenue +28.2% year-over-year).
- 2022: Revenue of $176.1M, expenses of $171.9M, and assets of $494.8M (revenue +21.6% year-over-year).
- 2021: Revenue of $144.8M, expenses of $145.9M, and assets of $499.6M (revenue -7.4% year-over-year).
- 2020: Revenue of $156.4M, expenses of $171.1M, and assets of $477.5M (revenue -17.7% year-over-year).
- 2019: Revenue of $190.1M, expenses of $177.8M, and assets of $496.9M (revenue +10.5% year-over-year).
- 2018: Revenue of $172.1M, expenses of $173.7M, and assets of $471.4M (revenue -0.8% year-over-year).
- 2017: Revenue of $173.4M, expenses of $171.2M, and assets of $463.7M (revenue -6.8% year-over-year).
- 2016: Revenue of $186.1M, expenses of $175.4M, and assets of $426.3M (revenue +12.4% year-over-year).
- 2015: Revenue of $165.5M, expenses of $162.0M, and assets of $435.6M (revenue +3.5% year-over-year).
- 2014: Revenue of $160.0M, expenses of $155.8M, and assets of $428.2M (revenue -2.0% year-over-year).
- 2013: Revenue of $163.3M, expenses of $153.9M, and assets of $381.8M (revenue -3.0% year-over-year).
- 2012: Revenue of $168.3M, expenses of $146.6M, and assets of $343.9M (revenue +5.8% year-over-year).
- 2011: Revenue of $159.1M, expenses of $143.5M, and assets of $326.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Culinary Institute Of America:
Data Sources and Methodology
This transparency report for Culinary Institute Of America 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.