Foundation For Cultural Review Inc

Foundation For Cultural Review Inc shows consistent asset growth and no reported officer compensation over a decade.

EIN: 133108424 · New York, NY · NTEE: A33Z · Updated: 2026-03-28

$5.8MRevenue

$17.2MAssets

90/100Mission Score (Excellent)

A33Z

About Foundation For Cultural Review Inc

Foundation For Cultural Review Inc (EIN: 133108424) is a nonprofit organization based in New York, NY, classified under NTEE code A33Z. The organization reported total revenue of $5.8M and total assets of $17.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Cultural Review Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Foundation For Cultural Review Inc demonstrates consistent financial growth and strong fiscal management based on its IRS 990 filings. Over the past decade, the organization has seen its assets grow significantly from $3,998,064 in 2013 to $14,305,006 in 2023, indicating effective asset accumulation and investment. Revenue has also shown a steady upward trend, with the latest reported revenue at $3,547,710, consistently exceeding expenses in most periods, which suggests a healthy operating surplus.

The organization appears to be highly efficient in its spending, as evidenced by its program service accomplishments. For instance, in 2023, expenses were $3,280,104 against revenue of $3,547,710, leaving a substantial surplus. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice, combined with a clear history of annual filings, suggests a high degree of transparency.

Overall, the Foundation For Cultural Review Inc exhibits robust financial health, efficient resource allocation, and a strong commitment to transparency. Its consistent growth in assets and revenue, coupled with a lean approach to administrative costs (implied by 0% officer compensation), positions it as a financially sound and well-managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Foundation For Cultural Review Inc with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Foundation For Cultural Review Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with assets exceeding $14 million and annual revenues in the millions, suggesting either a volunteer-led executive team or compensation being covered by an affiliated entity, which warrants further investigation for complete transparency.

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 Foundation For Cultural Review Inc's IRS 990 filings:

Consistent 0% officer compensation for an organization of this size, which may obscure how executive leadership is compensated or sustained.

Strengths

The following positive indicators were identified for Foundation For Cultural Review Inc:

Consistent and significant growth in assets, from $3.9M in 2013 to $14.3M in 2023.
Revenue consistently exceeds expenses, indicating strong financial sustainability and operating surpluses.
No reported officer compensation, suggesting a high dedication of funds to program services.
Long and consistent history of IRS 990 filings, indicating good transparency and compliance.

Frequently Asked Questions about Foundation For Cultural Review Inc

Is Foundation For Cultural Review Inc a good charity?

Based on its financial data, the Foundation For Cultural Review Inc appears to be a very good charity. It demonstrates strong financial health with consistent asset and revenue growth, and a notable commitment to directing funds towards its mission by reporting 0% officer compensation.

How does Foundation For Cultural Review Inc manage its expenses relative to its revenue?

The organization consistently manages its expenses below its revenue, leading to healthy operating surpluses. For example, in 2023, revenue was $3,547,710 while expenses were $3,280,104, indicating effective financial management and sustainability.

What is the trend in the organization's assets?

The Foundation For Cultural Review Inc has shown a strong upward trend in assets, growing from $3,998,064 in 2013 to $14,305,006 in 2023, which is a significant increase and suggests effective financial stewardship and investment.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. While it suggests a strong dedication to program spending, it could also indicate that executive services are provided on a volunteer basis or compensated through an affiliated entity, which would require deeper inquiry for full understanding.

Filing History

IRS 990 filing history for Foundation For Cultural Review Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Foundation For Cultural Review Inc's revenue has grown by 100.8%, moving from $1.8M to $3.5M. Total assets increased by 277.5% over the same period, from $3.8M to $14.3M. Total functional expenses rose by 128.6%, from $1.4M to $3.3M. In its most recent filing year (2023), Foundation For Cultural Review Inc reported a surplus of $268K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $14.3M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $13.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.5M	$3.3M	$14.3M	$1.3M	—	View 990
2022	$4.2M	$3.0M	$12.1M	$96K	—	View 990
2021	$4.0M	$2.3M	$13.0M	$6K	—	View 990
2020	$3.5M	$2.4M	$9.4M	$8K	—	View 990
2018	$3.3M	$2.2M	$8.1M	$6K	—	View 990
2017	$2.7M	$2.2M	$6.7M	$6K	—	View 990
2016	$2.4M	$1.9M	$5.8M	$8K	—	View 990
2015	$2.1M	$1.6M	$5.3M	$13K	—	View 990
2014	$2.0M	$1.5M	$5.0M	$14K	—	View 990
2013	$1.4M	$1.7M	$4.0M	$15K	—	View 990
2012	$1.5M	$1.4M	$3.9M	$12K	—	View 990
2011	$1.8M	$1.4M	$3.8M	$12K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.5M, expenses of $3.3M, and assets of $14.3M (revenue -16.5% year-over-year).
2022: Revenue of $4.2M, expenses of $3.0M, and assets of $12.1M (revenue +7.3% year-over-year).
2021: Revenue of $4.0M, expenses of $2.3M, and assets of $13.0M (revenue +11.9% year-over-year).
2020: Revenue of $3.5M, expenses of $2.4M, and assets of $9.4M (revenue +8.4% year-over-year).
2018: Revenue of $3.3M, expenses of $2.2M, and assets of $8.1M (revenue +21.5% year-over-year).
2017: Revenue of $2.7M, expenses of $2.2M, and assets of $6.7M (revenue +10.5% year-over-year).
2016: Revenue of $2.4M, expenses of $1.9M, and assets of $5.8M (revenue +16.7% year-over-year).
2015: Revenue of $2.1M, expenses of $1.6M, and assets of $5.3M (revenue +4.0% year-over-year).
2014: Revenue of $2.0M, expenses of $1.5M, and assets of $5.0M (revenue +39.7% year-over-year).
2013: Revenue of $1.4M, expenses of $1.7M, and assets of $4.0M (revenue -6.7% year-over-year).
2012: Revenue of $1.5M, expenses of $1.4M, and assets of $3.9M (revenue -13.0% year-over-year).
2011: Revenue of $1.8M, expenses of $1.4M, and assets of $3.8M.

Data Sources and Methodology

This transparency report for Foundation For Cultural Review 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.