Jerome Robbins Foundation
Jerome Robbins Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 136021425 · New York, NY · NTEE: A126 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.4M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $22 |
| Net Assets | $22.5M |
| Transparency Score | 95/100 |
Is Jerome Robbins Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jerome Robbins Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jerome Robbins Foundation
Jerome Robbins Foundation (EIN: 136021425) is a nonprofit organization based in New York, NY, classified under NTEE code A126. The organization reported total revenue of $9.4M and total assets of $25.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jerome Robbins Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jerome Robbins Foundation is a mid-size nonprofit that has been operating for 67 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-12,013 |
| Total Assets | $22.5M |
| Total Liabilities | $1 |
| Net Assets | $22.5M |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 117.6 months |
Financial Health Grade: B
In 2023, Jerome Robbins Foundation reported a deficit of $12K with expenses exceeding revenue, holds 117.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Jerome Robbins Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.8% | -7.4% | -0.3% |
| 2022 | -19.3% | +6.5% | -5.1% |
| 2021 | -42.3% | -10.0% | -3.2% |
| 2020 | -79.3% | -17.7% | +1.5% |
| 2019 | +449.7% | +29.5% | +60.4% |
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 Jerome Robbins Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Jerome Robbins 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with assets exceeding $22 million and suggests a very lean administrative structure or reliance on volunteer leadership.
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 Jerome Robbins Foundation's IRS 990 filings:
- Lack of detailed breakdown for program vs. administrative expenses in provided data, making precise efficiency calculations difficult beyond officer compensation.
Strengths
The following positive indicators were identified for Jerome Robbins Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Strong and growing asset base, providing long-term financial stability (e.g., $22,509,021 in 202312).
- Very low liabilities across all filing periods, demonstrating sound financial management and minimal debt.
- Expenses generally align closely with revenue, indicating responsible spending within available resources (e.g., 202312 expenses of $2,297,692 vs. revenue of $2,285,679).
Frequently Asked Questions about Jerome Robbins Foundation
Is Jerome Robbins Foundation a legitimate charity?
Jerome Robbins Foundation (EIN: 136021425) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $9.4M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Jerome Robbins Foundation spend its money?
Jerome Robbins Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jerome Robbins Foundation tax-deductible?
Jerome Robbins Foundation is registered as a tax-exempt nonprofit (EIN: 136021425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jerome Robbins Foundation CEO make?
Jerome Robbins Foundation's highest-compensated officer earns $22 annually. The organization reported $9.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Jerome Robbins Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Jerome Robbins Foundation is above average for NTEE category A126 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jerome Robbins Foundation located?
Jerome Robbins Foundation is headquartered in New York, New York and files with the IRS under EIN 136021425. It is classified under NTEE code A126.
How many years of IRS 990 filings does Jerome Robbins Foundation have?
Jerome Robbins Foundation has 11 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 $9.4M in total revenue.
How does the Jerome Robbins Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation either relies entirely on volunteer leadership, has its administrative functions covered by other entities, or compensates key personnel through non-officer roles, though the latter is less likely given the explicit 'Officer Comp' field. This is a significant indicator of efficiency.
What is the primary source of the foundation's revenue?
While the filings show 'Revenue', the specific breakdown of revenue sources (e.g., investment income, grants, donations) is not detailed in the provided summary. Given its nature as a foundation and substantial assets, investment income is likely a significant component, alongside potential grants or contributions.
How has the foundation's asset base grown over time?
The foundation's assets have shown significant growth, increasing from $17,093,175 in 201112 to $22,509,021 in 202312, with a peak of $24,579,216 in 202012. This indicates effective asset management and accumulation over the long term.
Filing History
IRS 990 filing history for Jerome Robbins Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Jerome Robbins Foundation's revenue has declined by 24.7%, moving from $3.0M to $2.3M. Total assets increased by 22.2% over the same period, from $18.4M to $22.5M. Total functional expenses fell by 14.9%, from $2.7M to $2.3M. In its most recent filing year (2023), Jerome Robbins Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $22.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.3M | $22.5M | $1 | — | — |
| 2022 | $1.3M | $2.5M | $22.6M | $45K | — | View 990 |
| 2021 | $1.6M | $2.3M | $23.8M | $82K | — | View 990 |
| 2020 | $2.8M | $2.6M | $24.6M | $155K | — | — |
| 2019 | $13.5M | $3.1M | $24.2M | $0 | — | View 990 |
| 2015 | $2.5M | $2.4M | $15.1M | $0 | — | View 990 |
| 2014 | $2.0M | $2.5M | $15.1M | $0 | — | View 990 |
| 2013 | $1.9M | $2.5M | $15.6M | $0 | — | View 990 |
| 2012 | $1.9M | $2.8M | $16.2M | $0 | — | View 990 |
| 2011 | $1.8M | $3.2M | $17.1M | $7K | — | View 990 |
| 2010 | $3.0M | $2.7M | $18.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.3M, and assets of $22.5M (revenue +75.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $2.5M, and assets of $22.6M (revenue -19.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $2.3M, and assets of $23.8M (revenue -42.3% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.6M, and assets of $24.6M (revenue -79.3% year-over-year).
- 2019: Revenue of $13.5M, expenses of $3.1M, and assets of $24.2M (revenue +449.7% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.4M, and assets of $15.1M (revenue +22.4% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.5M, and assets of $15.1M (revenue +6.5% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.5M, and assets of $15.6M (revenue -2.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.8M, and assets of $16.2M (revenue +5.1% year-over-year).
- 2011: Revenue of $1.8M, expenses of $3.2M, and assets of $17.1M (revenue -39.3% year-over-year).
- 2010: Revenue of $3.0M, expenses of $2.7M, and assets of $18.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jerome Robbins Foundation:
Data Sources and Methodology
This transparency report for Jerome Robbins 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.