Malcolm Hewitt Wiener Foundation
Malcolm Hewitt Wiener Foundation consistently spends down assets to fund programs, with no reported officer compensation.
EIN: 133250321 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $2.4M |
| Program Spending | 90% |
| Net Assets | $10.7M |
| Transparency Score | 85/100 |
Is Malcolm Hewitt Wiener Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Malcolm Hewitt Wiener Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Malcolm Hewitt Wiener Foundation
Malcolm Hewitt Wiener Foundation (EIN: 133250321) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.5M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Malcolm Hewitt Wiener Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Malcolm Hewitt Wiener Foundation is a mid-size nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$47K |
| Total Assets | $10.7M |
| Total Liabilities | $1 |
| Net Assets | $10.7M |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 52.5 months |
Financial Health Grade: A
In 2023, Malcolm Hewitt Wiener Foundation reported a surplus of $47K with revenue exceeding expenses, holds 52.5 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), Malcolm Hewitt Wiener Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.6% | -81.3% | -8.2% |
| 2022 | +21.6% | +45.7% | -58.6% |
| 2021 | +78.3% | +40.3% | -12.2% |
| 2020 | -20.7% | +32.3% | -12.2% |
| 2019 | -14.8% | -14.0% | -19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Malcolm Hewitt Wiener Foundation with a Mission Score of 85 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, Malcolm Hewitt Wiener 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 surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership structure or that executive compensation is not reported in this specific category on the 990, which is unusual for an organization with millions in assets and expenses.
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 Malcolm Hewitt Wiener Foundation's IRS 990 filings:
- Significant and consistent decline in assets over multiple years (from $45M in 2015 to $10M in 2023).
- Expenses frequently and substantially exceed revenue, indicating reliance on asset drawdown.
- Unusually low liabilities ($0-$1) given the scale of operations, which could indicate a lack of transparency if significant obligations exist but are not reported.
Strengths
The following positive indicators were identified for Malcolm Hewitt Wiener Foundation:
- Consistent high program spending ratio, indicating strong mission focus.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Malcolm Hewitt Wiener Foundation
Is Malcolm Hewitt Wiener Foundation a legitimate charity?
Malcolm Hewitt Wiener Foundation (EIN: 133250321) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.5M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Malcolm Hewitt Wiener Foundation spend its money?
Malcolm Hewitt Wiener Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Malcolm Hewitt Wiener Foundation tax-deductible?
Malcolm Hewitt Wiener Foundation is registered as a tax-exempt nonprofit (EIN: 133250321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Malcolm Hewitt Wiener Foundation located?
Malcolm Hewitt Wiener Foundation is headquartered in New York, New York and files with the IRS under EIN 133250321.
How many years of IRS 990 filings does Malcolm Hewitt Wiener Foundation have?
Malcolm Hewitt Wiener 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 $4.5M in total revenue.
Is the Malcolm Hewitt Wiener Foundation financially sustainable given its asset decline?
The foundation's assets have decreased significantly from $45,235,826 in 201512 to $10,673,729 in 202312, while expenses have frequently exceeded revenue. This trend suggests the foundation is spending down its endowment, which raises questions about its long-term financial sustainability if this pattern continues without significant new revenue sources.
How does the foundation fund its operations if expenses often exceed revenue?
The consistent pattern of expenses exceeding revenue (e.g., $13,040,510 expenses vs. $5,471,565 revenue in 202212) indicates that the foundation is primarily funding its operations and grants by drawing down its existing asset base, rather than solely relying on annual revenue generation.
What is the reason for 0% officer compensation reported?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could mean that the foundation operates with entirely volunteer leadership, or that compensation for key personnel is categorized differently within the 990, or paid by a related entity, which would require further investigation to fully understand.
Filing History
IRS 990 filing history for Malcolm Hewitt Wiener Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Malcolm Hewitt Wiener Foundation's revenue has grown by 18.5%, moving from $2.1M to $2.5M. Total assets decreased by 75.7% over the same period, from $44.0M to $10.7M. Total functional expenses fell by 52.3%, from $5.1M to $2.4M. In its most recent filing year (2023), Malcolm Hewitt Wiener Foundation reported a surplus of $47K, with revenue exceeding expenses. The organization holds $1 in liabilities against $10.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.4M | $10.7M | $1 | — | View 990 |
| 2022 | $5.5M | $13.0M | $11.6M | $1 | — | View 990 |
| 2021 | $4.5M | $8.9M | $28.1M | $1 | — | View 990 |
| 2020 | $2.5M | $6.4M | $32.0M | $1 | — | View 990 |
| 2019 | $3.2M | $4.8M | $36.4M | $0 | — | View 990 |
| 2015 | $3.7M | $5.6M | $45.2M | $0 | — | View 990 |
| 2014 | $5.7M | $4.9M | $50.1M | $0 | — | View 990 |
| 2013 | $3.4M | $4.5M | $52.4M | $0 | — | View 990 |
| 2012 | $3.1M | $3.5M | $46.6M | $0 | — | View 990 |
| 2011 | $2.1M | $5.1M | $44.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.4M, and assets of $10.7M (revenue -54.6% year-over-year).
- 2022: Revenue of $5.5M, expenses of $13.0M, and assets of $11.6M (revenue +21.6% year-over-year).
- 2021: Revenue of $4.5M, expenses of $8.9M, and assets of $28.1M (revenue +78.3% year-over-year).
- 2020: Revenue of $2.5M, expenses of $6.4M, and assets of $32.0M (revenue -20.7% year-over-year).
- 2019: Revenue of $3.2M, expenses of $4.8M, and assets of $36.4M (revenue -14.8% year-over-year).
- 2015: Revenue of $3.7M, expenses of $5.6M, and assets of $45.2M (revenue -34.0% year-over-year).
- 2014: Revenue of $5.7M, expenses of $4.9M, and assets of $50.1M (revenue +64.8% year-over-year).
- 2013: Revenue of $3.4M, expenses of $4.5M, and assets of $52.4M (revenue +10.5% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.5M, and assets of $46.6M (revenue +48.3% year-over-year).
- 2011: Revenue of $2.1M, expenses of $5.1M, and assets of $44.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Malcolm Hewitt Wiener Foundation:
Data Sources and Methodology
This transparency report for Malcolm Hewitt Wiener 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.