Leon Lowenstein Foundation Inc
Leon Lowenstein Foundation consistently maintains substantial assets and zero officer compensation.
EIN: 136015951 · Madison, CT · Updated: 2026-03-28
Is Leon Lowenstein Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leon Lowenstein Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leon Lowenstein Foundation Inc
Leon Lowenstein Foundation Inc (EIN: 136015951) is a nonprofit organization based in Madison, CT. The organization reported total revenue of $13.2M and total assets of $199.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leon Lowenstein Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leon Lowenstein Foundation Inc is a large nonprofit that has been operating for 84 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.1M |
| Total Expenses | $8.0M |
| Surplus / Deficit | +$6.1M |
| Total Assets | $173.2M |
| Total Liabilities | $1.2M |
| Net Assets | $172.0M |
| Operating Margin | 43.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 261.1 months |
Financial Health Grade: A
In 2023, Leon Lowenstein Foundation Inc reported a surplus of $6.1M with revenue exceeding expenses, holds 261.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Leon Lowenstein Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +72.0% | +1.6% | +15.4% |
| 2022 | -15.4% | +0.8% | -22.2% |
| 2021 | +377.8% | +9.7% | +20.7% |
| 2020 | -49.8% | +5.8% | +12.1% |
| 2019 | -52.5% | +6.0% | +27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Leon Lowenstein 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Leon Lowenstein Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $6.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The Leon Lowenstein Foundation Inc. reports 0% officer compensation across all available filings, indicating that its leadership, likely board members, are not compensated, which is a strong positive for resource allocation directly to its 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 Leon Lowenstein Foundation Inc:
- Consistent and substantial asset base, reaching $173,213,876 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Consistent annual expenses (e.g., $7,959,869 in 2023) demonstrating ongoing programmatic activity.
- Healthy revenue generation, with $14,054,446 in 2023, supporting its operations and asset growth.
- Strong financial stability with assets significantly exceeding liabilities (e.g., $173M assets vs. $1.2M liabilities in 2023).
Frequently Asked Questions about Leon Lowenstein Foundation Inc
Is Leon Lowenstein Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Leon Lowenstein Foundation Inc (EIN: 136015951) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Leon Lowenstein Foundation Inc spend its money?
Leon Lowenstein Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Leon Lowenstein Foundation Inc tax-deductible?
Leon Lowenstein Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136015951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Leon Lowenstein Foundation Inc. a good charity?
Based on the provided IRS 990 data, the Leon Lowenstein Foundation Inc. appears to be a highly effective and transparent private foundation. It consistently maintains a strong asset base, disburses significant funds annually for its mission, and reports no officer compensation, suggesting a strong commitment to its programmatic goals.
How has the foundation's asset base changed over time?
The foundation's assets have shown significant growth, increasing from $111,306,786 in 2011 to $173,213,876 in 2023, demonstrating strong financial management and endowment growth.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated year-to-year, ranging from a low of $2,022,616 in 2020 to a high of $14,054,446 in 2023. Expenses have been more consistent, generally staying between $6 million and $8 million annually, indicating stable grantmaking or operational spending.
Filing History
IRS 990 filing history for Leon Lowenstein Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Leon Lowenstein Foundation Inc's revenue has grown by 127.4%, moving from $6.2M to $14.1M. Total assets increased by 55.6% over the same period, from $111.3M to $173.2M. Total functional expenses rose by 36.5%, from $5.8M to $8.0M. In its most recent filing year (2023), Leon Lowenstein Foundation Inc reported a surplus of $6.1M, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $173.2M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $172.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.1M | $8.0M | $173.2M | $1.2M | — | — |
| 2022 | $8.2M | $7.8M | $150.1M | $1.1M | — | View 990 |
| 2021 | $9.7M | $7.8M | $192.9M | $2.2M | — | View 990 |
| 2020 | $2.0M | $7.1M | $159.8M | $1.3M | — | — |
| 2019 | $4.0M | $6.7M | $142.6M | $930K | — | View 990 |
| 2015 | $8.5M | $6.3M | $112.1M | $332K | — | View 990 |
| 2014 | $6.8M | $6.6M | $122.0M | $674K | — | View 990 |
| 2013 | $4.4M | $5.4M | $122.6M | $583K | — | View 990 |
| 2012 | $7.0M | $8.0M | $115.7M | $2.3M | — | View 990 |
| 2011 | $6.2M | $5.8M | $111.3M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.1M, expenses of $8.0M, and assets of $173.2M (revenue +72.0% year-over-year).
- 2022: Revenue of $8.2M, expenses of $7.8M, and assets of $150.1M (revenue -15.4% year-over-year).
- 2021: Revenue of $9.7M, expenses of $7.8M, and assets of $192.9M (revenue +377.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $7.1M, and assets of $159.8M (revenue -49.8% year-over-year).
- 2019: Revenue of $4.0M, expenses of $6.7M, and assets of $142.6M (revenue -52.5% year-over-year).
- 2015: Revenue of $8.5M, expenses of $6.3M, and assets of $112.1M (revenue +24.6% year-over-year).
- 2014: Revenue of $6.8M, expenses of $6.6M, and assets of $122.0M (revenue +53.9% year-over-year).
- 2013: Revenue of $4.4M, expenses of $5.4M, and assets of $122.6M (revenue -36.8% year-over-year).
- 2012: Revenue of $7.0M, expenses of $8.0M, and assets of $115.7M (revenue +13.0% year-over-year).
- 2011: Revenue of $6.2M, expenses of $5.8M, and assets of $111.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leon Lowenstein Foundation Inc:
Data Sources and Methodology
This transparency report for Leon Lowenstein 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.