James And Merryl Tisch Foundation Inc
James And Merryl Tisch Foundation consistently directs over 99% of expenses to programs with zero officer compensation.
EIN: 133693587 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $18.2M |
| Program Spending | 99% |
| Net Assets | $507K |
| Transparency Score | 95/100 |
Is James And Merryl Tisch Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James And Merryl Tisch Foundation Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James And Merryl Tisch Foundation Inc
James And Merryl Tisch Foundation Inc (EIN: 133693587) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.0M and total assets of $189K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James And Merryl Tisch Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James And Merryl Tisch Foundation Inc is a mid-size nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.5M |
| Total Expenses | $18.2M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $507K |
| Total Liabilities | $1 |
| Net Assets | $507K |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, James And Merryl Tisch Foundation Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), James And Merryl Tisch Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +708.6% | +26.8% | +103.1% |
| 2022 | -77.0% | +47.9% | -80.7% |
| 2021 | -7.9% | +13.2% | +218.8% |
| 2020 | -60.3% | +3.4% | -83.2% |
| 2019 | +317.0% | +43.5% | +133.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 James And Merryl Tisch Foundation Inc with a Mission Score of 95 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, James And Merryl Tisch Foundation Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is a highly positive indicator, suggesting that the foundation's leadership is either volunteer-based or compensated through other means not reported as officer compensation, allowing all funds to be directed towards its charitable mission.
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.
Strengths
The following positive indicators were identified for James And Merryl Tisch Foundation Inc:
- Extremely high program spending ratio (approx. 99% in 202312)
- Consistent reporting of 0% officer compensation
- Very low administrative overhead (approx. 1% in 202312)
- Minimal liabilities, indicating strong financial stability
- Significant and consistent grant-making activity relative to expenses
Frequently Asked Questions about James And Merryl Tisch Foundation Inc
Is James And Merryl Tisch Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, James And Merryl Tisch Foundation Inc (EIN: 133693587) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does James And Merryl Tisch Foundation Inc spend its money?
James And Merryl Tisch Foundation Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to James And Merryl Tisch Foundation Inc tax-deductible?
James And Merryl Tisch Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133693587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is James And Merryl Tisch Foundation Inc located?
James And Merryl Tisch Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133693587.
How many years of IRS 990 filings does James And Merryl Tisch Foundation Inc have?
James And Merryl Tisch 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 $8.0M in total revenue.
Is James And Merryl Tisch Foundation Inc. a good charity?
Based on the available IRS 990 data, the James And Merryl Tisch Foundation Inc. appears to be a very good charity. It consistently allocates an extremely high percentage (around 99% in 202312) of its expenses directly to program services and reports 0% officer compensation, indicating strong financial efficiency and a clear focus on its mission.
How does the foundation manage its administrative costs?
The foundation manages its administrative costs exceptionally well. In the 202312 filing, administrative expenses were only $170,000 out of total expenses of $18,169,603, representing approximately 1% of total spending. This is an extremely low administrative overhead, demonstrating high operational efficiency.
What is the trend in the foundation's assets and liabilities?
The foundation's assets have fluctuated significantly over the years, from a high of $2,953,619 in 201412 to $249,804 in 202212, and then increasing to $507,342 in 202312. Liabilities have consistently remained very low, often reported as $0 or $1, indicating a strong balance sheet and minimal debt burden.
Filing History
IRS 990 filing history for James And Merryl Tisch Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James And Merryl Tisch Foundation Inc's revenue has grown by 245.2%, moving from $5.9M to $20.5M. Total assets decreased by 30.2% over the same period, from $727K to $507K. Total functional expenses rose by 1151.8%, from $1.5M to $18.2M. In its most recent filing year (2023), James And Merryl Tisch Foundation Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $507K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $507K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.5M | $18.2M | $507K | $1 | — | — |
| 2022 | $2.5M | $14.3M | $250K | $4 | — | View 990 |
| 2021 | $11.0M | $9.7M | $1.3M | $1 | — | View 990 |
| 2020 | $12.0M | $8.6M | $405K | $1 | — | View 990 |
| 2019 | $30.1M | $8.3M | $2.4M | $0 | — | View 990 |
| 2015 | $7.2M | $5.8M | $1.0M | $0 | — | View 990 |
| 2014 | $11.7M | $8.2M | $3.0M | $0 | — | View 990 |
| 2013 | $5.2M | $5.9M | $925K | $0 | — | View 990 |
| 2012 | $12.3M | $8.1M | $1.1M | $0 | — | View 990 |
| 2011 | $5.9M | $1.5M | $727K | $300K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.5M, expenses of $18.2M, and assets of $507K (revenue +708.6% year-over-year).
- 2022: Revenue of $2.5M, expenses of $14.3M, and assets of $250K (revenue -77.0% year-over-year).
- 2021: Revenue of $11.0M, expenses of $9.7M, and assets of $1.3M (revenue -7.9% year-over-year).
- 2020: Revenue of $12.0M, expenses of $8.6M, and assets of $405K (revenue -60.3% year-over-year).
- 2019: Revenue of $30.1M, expenses of $8.3M, and assets of $2.4M (revenue +317.0% year-over-year).
- 2015: Revenue of $7.2M, expenses of $5.8M, and assets of $1.0M (revenue -38.4% year-over-year).
- 2014: Revenue of $11.7M, expenses of $8.2M, and assets of $3.0M (revenue +127.0% year-over-year).
- 2013: Revenue of $5.2M, expenses of $5.9M, and assets of $925K (revenue -58.0% year-over-year).
- 2012: Revenue of $12.3M, expenses of $8.1M, and assets of $1.1M (revenue +107.6% year-over-year).
- 2011: Revenue of $5.9M, expenses of $1.5M, and assets of $727K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James And Merryl Tisch Foundation Inc:
Data Sources and Methodology
This transparency report for James And Merryl Tisch 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.