Hugo Dixon Foundation
Hugo Dixon Foundation consistently spends more than it earns annually, relying on substantial assets.
EIN: 136037692 · Memphis, TN · NTEE: T900 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| Net Assets | $17.8M |
| Transparency Score | 75/100 |
Is Hugo Dixon Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hugo Dixon Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hugo Dixon Foundation
Hugo Dixon Foundation (EIN: 136037692) is a nonprofit organization based in Memphis, TN, classified under NTEE code T900. The organization reported total revenue of $5.9M and total assets of $17.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hugo Dixon Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hugo Dixon Foundation is a mid-size nonprofit that has been operating for 67 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $824K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-621,290 |
| Total Assets | $17.8M |
| Net Assets | $17.8M |
| Operating Margin | -75.4% |
| Months of Reserves | 147.7 months |
Financial Health Grade: B
In 2023, Hugo Dixon Foundation reported a deficit of $621K with expenses exceeding revenue, holds 147.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Hugo Dixon Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +997.2% | +0.4% | -5.0% |
| 2022 | -94.6% | -2.0% | -8.2% |
| 2021 | -77.3% | -7.3% | -0.7% |
| 2020 | +159.0% | +11.9% | +27.1% |
| 2019 | +139.6% | +0.9% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Hugo Dixon Foundation with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Hugo Dixon Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $621K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for minimizing administrative overhead.
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 Hugo Dixon Foundation's IRS 990 filings:
- Consistent annual expenses exceeding revenue (e.g., 2023: $1.44M expenses vs. $0.82M revenue; 2022: $1.43M expenses vs. $0.07M revenue), indicating reliance on asset drawdowns or investment income rather than current fundraising.
- Significant fluctuations in annual revenue (e.g., $6.17M in 2020 vs. $75K in 2022), which could indicate inconsistent funding sources or reliance on large, infrequent contributions.
Strengths
The following positive indicators were identified for Hugo Dixon Foundation:
- Substantial asset base ($17,795,818 in 2023) provides long-term financial stability.
- Zero reported liabilities across all filings, indicating a debt-free operation.
- Zero reported officer compensation, suggesting low administrative overhead related to executive pay.
- Consistent annual expenses around $1.4M-$1.5M, indicating predictable operational costs.
Frequently Asked Questions about Hugo Dixon Foundation
Is Hugo Dixon Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hugo Dixon Foundation (EIN: 136037692) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Hugo Dixon Foundation spend its money?
Hugo Dixon Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hugo Dixon Foundation tax-deductible?
Hugo Dixon Foundation is registered as a tax-exempt nonprofit (EIN: 136037692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hugo Dixon Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Hugo Dixon Foundation is above average for NTEE category T900 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hugo Dixon Foundation located?
Hugo Dixon Foundation is headquartered in Memphis, Tennessee and files with the IRS under EIN 136037692. It is classified under NTEE code T900.
How many years of IRS 990 filings does Hugo Dixon Foundation have?
Hugo Dixon Foundation has 14 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 $5.9M in total revenue.
How does the Hugo Dixon Foundation cover its consistent annual operating deficits?
The foundation appears to cover its consistent annual operating deficits by drawing from its substantial asset base, which was $17,795,818 in 2023, or through investment returns from these assets, as its expenses frequently exceed its annual revenue.
What is the primary purpose of the Hugo Dixon Foundation given its NTEE code and financial patterns?
Given its NTEE code T900 (Private Grantmaking Foundations) and the pattern of significant assets with expenses often exceeding revenue, the primary purpose is likely to be making grants to other organizations, rather than directly operating programs.
Does the Hugo Dixon Foundation have any debt?
No, the Hugo Dixon Foundation consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Hugo Dixon Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hugo Dixon Foundation's revenue has grown by 264.8%, moving from $226K to $824K. Total assets decreased by 8.6% over the same period, from $19.5M to $17.8M. Total functional expenses rose by 4.9%, from $1.4M to $1.4M. In its most recent filing year (2023), Hugo Dixon Foundation reported a deficit of $621K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $824K | $1.4M | $17.8M | $0 | — | — |
| 2022 | $75K | $1.4M | $18.7M | $0 | — | View 990 |
| 2021 | $1.4M | $1.5M | $20.4M | $0 | — | View 990 |
| 2020 | $6.2M | $1.6M | $20.6M | $0 | — | — |
| 2019 | $2.4M | $1.4M | $16.2M | $0 | — | View 990 |
| 2018 | $995K | $1.4M | $16.4M | $0 | — | View 990 |
| 2017 | $1.2M | $1.4M | $16.5M | $0 | — | View 990 |
| 2016 | $1.2M | $1.3M | $16.9M | $0 | — | View 990 |
| 2015 | $1.5M | $1.4M | $17.1M | $0 | — | View 990 |
| 2014 | $1.6M | $1.5M | $18.7M | $0 | — | View 990 |
| 2013 | $1.8M | $1.4M | $18.7M | $0 | — | View 990 |
| 2012 | $1.2M | $1.4M | $17.6M | $0 | — | View 990 |
| 2011 | $603K | $1.4M | $18.5M | $0 | — | View 990 |
| 2010 | $226K | $1.4M | $19.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $824K, expenses of $1.4M, and assets of $17.8M (revenue +997.2% year-over-year).
- 2022: Revenue of $75K, expenses of $1.4M, and assets of $18.7M (revenue -94.6% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.5M, and assets of $20.4M (revenue -77.3% year-over-year).
- 2020: Revenue of $6.2M, expenses of $1.6M, and assets of $20.6M (revenue +159.0% year-over-year).
- 2019: Revenue of $2.4M, expenses of $1.4M, and assets of $16.2M (revenue +139.6% year-over-year).
- 2018: Revenue of $995K, expenses of $1.4M, and assets of $16.4M (revenue -14.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.4M, and assets of $16.5M (revenue -1.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $16.9M (revenue -18.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $17.1M (revenue -7.1% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $18.7M (revenue -13.5% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.4M, and assets of $18.7M (revenue +51.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.4M, and assets of $17.6M (revenue +98.3% year-over-year).
- 2011: Revenue of $603K, expenses of $1.4M, and assets of $18.5M (revenue +166.8% year-over-year).
- 2010: Revenue of $226K, expenses of $1.4M, and assets of $19.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hugo Dixon Foundation:
Data Sources and Methodology
This transparency report for Hugo Dixon Foundation 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.