Lucius N Littauer Foundation Inc
Lucius N Littauer Foundation maintains strong asset base with fluctuating revenue and no reported officer compensation.
EIN: 131688027 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24.1M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $47.0M |
| Transparency Score | 80/100 |
Is Lucius N Littauer Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lucius N Littauer Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lucius N Littauer Foundation Inc
Lucius N Littauer Foundation Inc (EIN: 131688027) is a nonprofit organization based in New York, NY. The organization reported total revenue of $24.1M and total assets of $47.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lucius N Littauer Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lucius N Littauer Foundation Inc is a large nonprofit that has been operating for 89 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-1,942,229 |
| Total Assets | $47.0M |
| Total Liabilities | $1 |
| Net Assets | $47.0M |
| Operating Margin | -100.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.0 months |
Financial Health Grade: B
In 2023, Lucius N Littauer Foundation Inc reported a deficit of $1.9M with expenses exceeding revenue, holds 146.0 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), Lucius N Littauer Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.1% | +4.4% | -4.0% |
| 2022 | -40.8% | +3.2% | -1.7% |
| 2021 | +22.9% | -21.9% | +2.5% |
| 2020 | -10.6% | +26.2% | -1.4% |
| 2019 | -51.1% | +1.3% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1937 |
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 Lucius N Littauer Foundation Inc with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Lucius N Littauer Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten available filings, which is highly unusual for an organization with assets nearing $50 million and annual expenses in the multi-millions. This suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within the expense structure, requiring further scrutiny for complete transparency.
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 Lucius N Littauer Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Lucius N Littauer Foundation Inc:
- Strong and consistent asset base, averaging around $47 million in recent years, indicating financial stability.
- Consistent filing of IRS Form 990s over a decade, demonstrating regulatory compliance and transparency.
- Relatively stable expense levels, suggesting predictable operational costs despite revenue fluctuations.
Frequently Asked Questions about Lucius N Littauer Foundation Inc
Is Lucius N Littauer Foundation Inc a legitimate charity?
Lucius N Littauer Foundation Inc (EIN: 131688027) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $24.1M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Lucius N Littauer Foundation Inc spend its money?
Lucius N Littauer Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lucius N Littauer Foundation Inc tax-deductible?
Lucius N Littauer Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131688027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lucius N Littauer Foundation Inc CEO make?
Lucius N Littauer Foundation Inc's highest-compensated officer earns $50 annually. The organization reported $24.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lucius N Littauer Foundation Inc's spending goes to programs?
Lucius N Littauer Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lucius N Littauer Foundation Inc located?
Lucius N Littauer Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 131688027.
How many years of IRS 990 filings does Lucius N Littauer Foundation Inc have?
Lucius N Littauer 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 $24.1M in total revenue.
How does the Lucius N Littauer Foundation Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all available IRS 990 filings is highly unusual for an organization of this size. It suggests either a fully volunteer executive leadership or that executive compensation is not reported under 'officer compensation' on the 990, which would require reviewing the full 990 forms for details on other salaries and compensation.
What is the primary source of the foundation's revenue given its fluctuations?
The provided data shows significant fluctuations in revenue, from $1.9 million to over $11 million annually. Without access to the full 990 forms, it's difficult to pinpoint the primary source, but for foundations, this often includes investment income, grants, or contributions, which can vary year-to-year based on market performance or specific fundraising cycles.
What are the specific program areas supported by the Lucius N Littauer Foundation Inc?
The provided data does not specify the program areas. To understand the foundation's specific mission and impact, one would need to consult their official website or the full IRS 990 forms, which typically detail program service accomplishments.
Filing History
IRS 990 filing history for Lucius N Littauer Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lucius N Littauer Foundation Inc's revenue has declined by 30.3%, moving from $2.8M to $1.9M. Total assets increased by 60.6% over the same period, from $29.3M to $47.0M. Total functional expenses rose by 42.1%, from $2.7M to $3.9M. In its most recent filing year (2023), Lucius N Littauer Foundation Inc reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $1 in liabilities against $47.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $47.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $3.9M | $47.0M | $1 | — | — |
| 2022 | $2.8M | $3.7M | $49.0M | $1 | — | View 990 |
| 2021 | $4.8M | $3.6M | $49.9M | $699 | — | View 990 |
| 2020 | $3.9M | $4.6M | $48.7M | $675 | — | View 990 |
| 2019 | $4.4M | $3.6M | $49.4M | $1 | — | — |
| 2015 | $8.9M | $3.6M | $46.9M | $3K | — | View 990 |
| 2014 | $8.4M | $3.2M | $41.6M | $2K | — | View 990 |
| 2013 | $1.8M | $3.0M | $36.4M | $0 | — | View 990 |
| 2012 | $11.2M | $2.9M | $37.5M | $0 | — | View 990 |
| 2011 | $2.8M | $2.7M | $29.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $3.9M, and assets of $47.0M (revenue -32.1% year-over-year).
- 2022: Revenue of $2.8M, expenses of $3.7M, and assets of $49.0M (revenue -40.8% year-over-year).
- 2021: Revenue of $4.8M, expenses of $3.6M, and assets of $49.9M (revenue +22.9% year-over-year).
- 2020: Revenue of $3.9M, expenses of $4.6M, and assets of $48.7M (revenue -10.6% year-over-year).
- 2019: Revenue of $4.4M, expenses of $3.6M, and assets of $49.4M (revenue -51.1% year-over-year).
- 2015: Revenue of $8.9M, expenses of $3.6M, and assets of $46.9M (revenue +5.7% year-over-year).
- 2014: Revenue of $8.4M, expenses of $3.2M, and assets of $41.6M (revenue +364.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $3.0M, and assets of $36.4M (revenue -83.8% year-over-year).
- 2012: Revenue of $11.2M, expenses of $2.9M, and assets of $37.5M (revenue +303.8% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.7M, and assets of $29.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lucius N Littauer Foundation Inc:
Data Sources and Methodology
This transparency report for Lucius N Littauer 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.