Marble Industry Trust Fund
Marble Industry Trust Fund consistently spends more than it earns, drawing down assets, with no reported officer compensation.
EIN: 136118206 · New York, NY · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.8M |
| Total Expenses | $12.2M |
| Program Spending | 80% |
| Net Assets | $7.0M |
| Transparency Score | 70/100 |
Is Marble Industry Trust Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marble Industry Trust Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marble Industry Trust Fund
Marble Industry Trust Fund (EIN: 136118206) is a nonprofit organization based in New York, NY, classified under NTEE code Y43. The organization reported total revenue of $12.8M and total assets of $11.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marble Industry Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marble Industry Trust Fund is a large nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.6M |
| Total Expenses | $12.2M |
| Surplus / Deficit | $-1,603,950 |
| Total Assets | $10.5M |
| Total Liabilities | $3.5M |
| Net Assets | $7.0M |
| Operating Margin | -15.2% |
| Debt-to-Asset Ratio | 33.3% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2023, Marble Industry Trust Fund reported a deficit of $1.6M with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marble Industry Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +2.3% | -11.8% |
| 2022 | -1.6% | -18.7% | -12.0% |
| 2021 | +4.1% | +16.7% | -19.4% |
| 2020 | -24.9% | -22.3% | -10.1% |
| 2019 | +10.8% | +38.4% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1948 |
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 Marble Industry Trust Fund with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Marble Industry Trust Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no compensation is paid to officers directly by the organization, which is highly unusual for an organization of this size and revenue, suggesting either volunteer leadership or compensation through an affiliated entity.
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 Marble Industry Trust Fund's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in recent years, potentially unsustainable without asset drawdowns.
- Significant decline in assets from $18.6M in 2019 to $10.5M in 2023.
- Unusual '0% Officer Comp' for an organization with over $10M in annual revenue, warranting further inquiry into leadership compensation structure.
Strengths
The following positive indicators were identified for Marble Industry Trust Fund:
- Consistent revenue generation, typically above $10 million annually.
- Strong financial transparency regarding executive compensation, reporting 0% officer compensation.
- Maintained substantial asset base, even with recent declines, providing a buffer for operations.
Frequently Asked Questions about Marble Industry Trust Fund
Is Marble Industry Trust Fund a legitimate charity?
Marble Industry Trust Fund (EIN: 136118206) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Marble Industry Trust Fund spend its money?
Marble Industry Trust Fund directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Marble Industry Trust Fund tax-deductible?
Marble Industry Trust Fund is registered as a tax-exempt nonprofit (EIN: 136118206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marble Industry Trust Fund's spending goes to programs?
Marble Industry Trust Fund directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marble Industry Trust Fund compare to similar nonprofits?
With a transparency score of 70/100 (Good), Marble Industry Trust Fund is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marble Industry Trust Fund located?
Marble Industry Trust Fund is headquartered in New York, New York and files with the IRS under EIN 136118206. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Marble Industry Trust Fund have?
Marble Industry Trust Fund has 13 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 $12.8M in total revenue.
How does Marble Industry Trust Fund cover its operational deficits when expenses exceed revenue?
The organization appears to cover operational deficits by drawing down its assets, as evidenced by expenses exceeding revenue in multiple recent years (e.g., 2023, 2022, 2021) while total assets have decreased from $18.6M in 2019 to $10.5M in 2023.
What is the nature of the '0% Officer Comp' reported, and how are key leadership roles compensated?
The consistent reporting of 0% officer compensation suggests that either the organization's leadership is entirely volunteer-based, or compensation for key personnel is handled through an affiliated entity not directly reported on the 990 as officer compensation, or through other means not categorized as such.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency. Further investigation into the full 990 forms would be required.
Filing History
IRS 990 filing history for Marble Industry Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marble Industry Trust Fund's revenue has grown by 53.6%, moving from $6.9M to $10.6M. Total assets decreased by 6.4% over the same period, from $11.2M to $10.5M. Total functional expenses rose by 68.8%, from $7.2M to $12.2M. In its most recent filing year (2023), Marble Industry Trust Fund reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $10.5M in assets (debt-to-asset ratio: 33.3%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.6M | $12.2M | $10.5M | $3.5M | — | — |
| 2022 | $11.6M | $11.9M | $11.9M | $3.4M | — | — |
| 2021 | $11.8M | $14.7M | $13.5M | $4.3M | — | View 990 |
| 2020 | $11.3M | $12.6M | $16.8M | $4.5M | — | — |
| 2019 | $15.1M | $16.2M | $18.7M | $5.3M | — | View 990 |
| 2018 | $13.6M | $11.7M | $16.6M | $2.6M | — | View 990 |
| 2017 | $11.1M | $11.6M | $16.9M | $4.7M | — | View 990 |
| 2016 | $11.1M | $11.1M | $16.4M | $3.7M | — | View 990 |
| 2015 | $11.6M | $9.2M | $15.8M | $3.1M | — | View 990 |
| 2014 | $9.7M | $9.8M | $13.7M | $3.4M | — | View 990 |
| 2013 | $10.1M | $8.0M | $15.7M | $5.2M | — | View 990 |
| 2012 | $7.6M | $6.8M | $12.0M | $3.6M | — | View 990 |
| 2011 | $6.9M | $7.2M | $11.2M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.6M, expenses of $12.2M, and assets of $10.5M (revenue -8.7% year-over-year).
- 2022: Revenue of $11.6M, expenses of $11.9M, and assets of $11.9M (revenue -1.6% year-over-year).
- 2021: Revenue of $11.8M, expenses of $14.7M, and assets of $13.5M (revenue +4.1% year-over-year).
- 2020: Revenue of $11.3M, expenses of $12.6M, and assets of $16.8M (revenue -24.9% year-over-year).
- 2019: Revenue of $15.1M, expenses of $16.2M, and assets of $18.7M (revenue +10.8% year-over-year).
- 2018: Revenue of $13.6M, expenses of $11.7M, and assets of $16.6M (revenue +22.0% year-over-year).
- 2017: Revenue of $11.1M, expenses of $11.6M, and assets of $16.9M (revenue +0.4% year-over-year).
- 2016: Revenue of $11.1M, expenses of $11.1M, and assets of $16.4M (revenue -4.6% year-over-year).
- 2015: Revenue of $11.6M, expenses of $9.2M, and assets of $15.8M (revenue +20.1% year-over-year).
- 2014: Revenue of $9.7M, expenses of $9.8M, and assets of $13.7M (revenue -4.3% year-over-year).
- 2013: Revenue of $10.1M, expenses of $8.0M, and assets of $15.7M (revenue +32.9% year-over-year).
- 2012: Revenue of $7.6M, expenses of $6.8M, and assets of $12.0M (revenue +10.4% year-over-year).
- 2011: Revenue of $6.9M, expenses of $7.2M, and assets of $11.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marble Industry Trust Fund:
Data Sources and Methodology
This transparency report for Marble Industry Trust Fund 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.