Liz Claiborne & Art Ortenberg Foundation
Liz Claiborne & Art Ortenberg Foundation maintains substantial assets and zero executive compensation amidst fluctuating revenues.
EIN: 133200329 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $247.9M |
| Total Expenses | $13.1M |
| Program Spending | 95% |
| Net Assets | $209.9M |
| Transparency Score | 90/100 |
Is Liz Claiborne & Art Ortenberg Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Liz Claiborne & Art Ortenberg Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Liz Claiborne & Art Ortenberg Foundation
Liz Claiborne & Art Ortenberg Foundation (EIN: 133200329) is a nonprofit organization based in New York, NY. The organization reported total revenue of $247.9M and total assets of $229.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liz Claiborne & Art Ortenberg Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Liz Claiborne & Art Ortenberg Foundation is a major nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $13.1M |
| Surplus / Deficit | $-7,703,546 |
| Total Assets | $209.9M |
| Total Liabilities | $1 |
| Net Assets | $209.9M |
| Operating Margin | -141.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 191.5 months |
Financial Health Grade: B
In 2023, Liz Claiborne & Art Ortenberg Foundation reported a deficit of $7.7M with expenses exceeding revenue, holds 191.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Liz Claiborne & Art Ortenberg Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.6% | -7.0% | -3.5% |
| 2022 | -84.8% | +71.9% | -4.4% |
| 2021 | +142.9% | +1.4% | +9.2% |
| 2020 | +4.0% | -5.8% | +1.6% |
| 2019 | -87.6% | +30.3% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Liz Claiborne & Art Ortenberg Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Liz Claiborne & Art Ortenberg Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $7.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for donor confidence and resource allocation to programs.
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 Liz Claiborne & Art Ortenberg Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, potentially indicating reliance on large, infrequent donations or investment gains rather than consistent fundraising.
Strengths
The following positive indicators were identified for Liz Claiborne & Art Ortenberg Foundation:
- Consistent 0% officer compensation, indicating highly efficient use of funds and dedication to mission.
- Substantial and growing asset base ($229,502,423), providing long-term financial stability.
- Minimal liabilities reported across all filings, demonstrating strong financial health.
- Active deployment of funds, with expenses sometimes exceeding annual revenue, indicating commitment to grantmaking.
Frequently Asked Questions about Liz Claiborne & Art Ortenberg Foundation
Is Liz Claiborne & Art Ortenberg Foundation a legitimate charity?
Liz Claiborne & Art Ortenberg Foundation (EIN: 133200329) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $247.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Liz Claiborne & Art Ortenberg Foundation spend its money?
Liz Claiborne & Art Ortenberg Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Liz Claiborne & Art Ortenberg Foundation tax-deductible?
Liz Claiborne & Art Ortenberg Foundation is registered as a tax-exempt nonprofit (EIN: 133200329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Liz Claiborne & Art Ortenberg Foundation located?
Liz Claiborne & Art Ortenberg Foundation is headquartered in New York, New York and files with the IRS under EIN 133200329.
How many years of IRS 990 filings does Liz Claiborne & Art Ortenberg Foundation have?
Liz Claiborne & Art Ortenberg Foundation 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 $247.9M in total revenue.
Is the Liz Claiborne & Art Ortenberg Foundation a good charity?
Based on the available data, the foundation appears to be a very good charity. It consistently directs 100% of its officer compensation to $0, indicating a strong commitment to program spending and efficient use of funds. Its asset base is substantial and growing, providing long-term stability for its mission.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses have sometimes exceeded its revenue in recent years, such as in 2023 ($13,149,911 expenses vs. $5,446,365 revenue) and 2022 ($14,137,321 expenses vs. $4,169,306 revenue). This suggests that the foundation is actively deploying its substantial asset base to fund its programs, rather than solely relying on annual contributions.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend over the past decade, growing from $41,665,189 in 2011 to $229,502,423 currently. This indicates robust financial management and growth in its endowment or investment portfolio.
Does the foundation have high administrative costs?
Given the consistent reporting of 0% officer compensation and the nature of a grant-making foundation, it is highly probable that administrative costs are very low, allowing the vast majority of funds to be directed to programs. Without detailed expense breakdowns, a precise percentage is difficult, but the lack of executive pay is a strong indicator of efficiency.
Filing History
IRS 990 filing history for Liz Claiborne & Art Ortenberg Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Liz Claiborne & Art Ortenberg Foundation's revenue has declined by 38.7%, moving from $8.9M to $5.4M. Total assets increased by 403.8% over the same period, from $41.7M to $209.9M. Total functional expenses rose by 62.5%, from $8.1M to $13.1M. In its most recent filing year (2023), Liz Claiborne & Art Ortenberg Foundation reported a deficit of $7.7M, with expenses exceeding revenue. The organization holds $1 in liabilities against $209.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $209.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $13.1M | $209.9M | $1 | — | View 990 |
| 2022 | $4.2M | $14.1M | $217.6M | $1 | — | View 990 |
| 2021 | $27.4M | $8.2M | $227.6M | $1 | — | View 990 |
| 2020 | $11.3M | $8.1M | $208.4M | $1 | — | — |
| 2019 | $10.9M | $8.6M | $205.2M | $0 | — | View 990 |
| 2015 | $87.4M | $6.6M | $183.2M | $1 | — | View 990 |
| 2014 | $66.8M | $6.0M | $101.6M | $1 | — | View 990 |
| 2013 | $6.5M | $6.8M | $40.8M | $1 | — | View 990 |
| 2012 | $6.7M | $7.3M | $41.1M | $0 | — | View 990 |
| 2011 | $8.9M | $8.1M | $41.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $13.1M, and assets of $209.9M (revenue +30.6% year-over-year).
- 2022: Revenue of $4.2M, expenses of $14.1M, and assets of $217.6M (revenue -84.8% year-over-year).
- 2021: Revenue of $27.4M, expenses of $8.2M, and assets of $227.6M (revenue +142.9% year-over-year).
- 2020: Revenue of $11.3M, expenses of $8.1M, and assets of $208.4M (revenue +4.0% year-over-year).
- 2019: Revenue of $10.9M, expenses of $8.6M, and assets of $205.2M (revenue -87.6% year-over-year).
- 2015: Revenue of $87.4M, expenses of $6.6M, and assets of $183.2M (revenue +31.0% year-over-year).
- 2014: Revenue of $66.8M, expenses of $6.0M, and assets of $101.6M (revenue +926.1% year-over-year).
- 2013: Revenue of $6.5M, expenses of $6.8M, and assets of $40.8M (revenue -3.4% year-over-year).
- 2012: Revenue of $6.7M, expenses of $7.3M, and assets of $41.1M (revenue -24.2% year-over-year).
- 2011: Revenue of $8.9M, expenses of $8.1M, and assets of $41.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Liz Claiborne & Art Ortenberg Foundation:
Data Sources and Methodology
This transparency report for Liz Claiborne & Art Ortenberg 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.