Marymount Manhattan College
Marymount Manhattan College generally maintains a positive financial standing, though experienced a deficit in its latest fiscal period.
EIN: 131628206 · New York, NY · NTEE: B420 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $123.0M |
| Total Expenses | $88.8M |
| Program Spending | 80% |
| Net Assets | $84.9M |
| Transparency Score | 75/100 |
Is Marymount Manhattan College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marymount Manhattan College directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marymount Manhattan College
Marymount Manhattan College (EIN: 131628206) is a nonprofit organization based in New York, NY, classified under NTEE code B420. The organization reported total revenue of $123.0M and total assets of $132.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marymount Manhattan College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marymount Manhattan College is a major nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83.6M |
| Total Expenses | $88.8M |
| Surplus / Deficit | $-5,177,009 |
| Total Assets | $144.0M |
| Total Liabilities | $59.1M |
| Net Assets | $84.9M |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 41.0% |
| Months of Reserves | 19.5 months |
Financial Health Grade: B
In 2023, Marymount Manhattan College reported a deficit of $5.2M with expenses exceeding revenue, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 41.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marymount Manhattan College's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.2% | +1.1% | -11.3% |
| 2022 | +14.8% | +7.8% | +1.0% |
| 2021 | -14.3% | -3.4% | +20.2% |
| 2020 | +18.9% | -0.4% | +19.6% |
| 2019 | +0.6% | +2.2% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1962 |
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 Marymount Manhattan College with a Mission Score of 75 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, Marymount Manhattan College 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 $5.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization of this size and suggests that executive salaries are either not categorized as 'officer compensation' or are not disclosed in this specific field, potentially obscuring a full view of leadership costs.
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 Marymount Manhattan College's IRS 990 filings:
- Latest fiscal period (202306) shows expenses exceeding revenue by over $5 million, indicating a deficit.
- Consistent reporting of 0% for officer compensation across all filings, which may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for Marymount Manhattan College:
- Historically strong revenue generation, often exceeding expenses.
- Substantial and growing asset base, indicating financial stability.
- Consistent operation as an educational institution (NTEE B420) for over a decade.
Frequently Asked Questions about Marymount Manhattan College
Is Marymount Manhattan College a legitimate charity?
Marymount Manhattan College (EIN: 131628206) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $123.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Marymount Manhattan College spend its money?
Marymount Manhattan College directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Marymount Manhattan College tax-deductible?
Marymount Manhattan College is registered as a tax-exempt nonprofit (EIN: 131628206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marymount Manhattan College's spending goes to programs?
Marymount Manhattan College directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marymount Manhattan College compare to similar nonprofits?
With a transparency score of 75/100 (Good), Marymount Manhattan College is above average for NTEE category B420 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marymount Manhattan College located?
Marymount Manhattan College is headquartered in New York, New York and files with the IRS under EIN 131628206. It is classified under NTEE code B420.
How many years of IRS 990 filings does Marymount Manhattan College have?
Marymount Manhattan College 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 $123.0M in total revenue.
Is Marymount Manhattan College a good charity?
As an educational institution, Marymount Manhattan College appears to be financially stable with consistent revenue generation. Its mission is clear, and while the latest filing shows a deficit, it has historically operated with surpluses. The lack of reported officer compensation in the provided data makes a full assessment of executive pay efficiency difficult.
What caused the deficit in the 2023 fiscal period?
The provided data indicates that in the 202306 period, expenses ($88,769,350) exceeded revenue ($83,592,341) by over $5 million. Without further detailed financial statements, the specific causes (e.g., increased operational costs, decreased enrollment, investment losses) cannot be determined from the summary data.
How does Marymount Manhattan College's asset growth compare to its liabilities?
From 2014 to 2023, assets have grown from $112,258,253 to $143,981,068, while liabilities have increased from $51,860,364 to $59,070,354. The college has maintained a healthy asset-to-liability ratio, indicating good financial solvency.
Filing History
IRS 990 filing history for Marymount Manhattan College showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marymount Manhattan College's revenue has grown by 43.9%, moving from $58.1M to $83.6M. Total assets increased by 26% over the same period, from $114.3M to $144.0M. Total functional expenses rose by 55.8%, from $57.0M to $88.8M. In its most recent filing year (2023), Marymount Manhattan College reported a deficit of $5.2M, with expenses exceeding revenue. The organization holds $59.1M in liabilities against $144.0M in assets (debt-to-asset ratio: 41.0%), resulting in net assets of $84.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83.6M | $88.8M | $144.0M | $59.1M | — | View 990 |
| 2022 | $101.0M | $87.8M | $162.4M | $65.6M | — | View 990 |
| 2021 | $88.0M | $81.5M | $160.7M | $58.1M | — | View 990 |
| 2020 | $102.6M | $84.4M | $133.7M | $45.9M | — | View 990 |
| 2019 | $86.3M | $84.7M | $111.9M | $40.5M | — | View 990 |
| 2018 | $85.8M | $82.9M | $114.0M | $44.2M | — | View 990 |
| 2017 | $81.4M | $77.2M | $111.3M | $45.3M | — | View 990 |
| 2016 | $70.9M | $71.2M | $106.2M | $45.9M | — | View 990 |
| 2015 | $66.5M | $64.5M | $110.5M | $49.4M | — | View 990 |
| 2014 | $59.3M | $59.2M | $112.3M | $51.9M | — | View 990 |
| 2013 | $60.7M | $59.4M | $112.1M | $53.3M | — | View 990 |
| 2012 | $57.2M | $58.3M | $111.6M | $54.3M | — | View 990 |
| 2011 | $58.1M | $57.0M | $114.3M | $55.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $83.6M, expenses of $88.8M, and assets of $144.0M (revenue -17.2% year-over-year).
- 2022: Revenue of $101.0M, expenses of $87.8M, and assets of $162.4M (revenue +14.8% year-over-year).
- 2021: Revenue of $88.0M, expenses of $81.5M, and assets of $160.7M (revenue -14.3% year-over-year).
- 2020: Revenue of $102.6M, expenses of $84.4M, and assets of $133.7M (revenue +18.9% year-over-year).
- 2019: Revenue of $86.3M, expenses of $84.7M, and assets of $111.9M (revenue +0.6% year-over-year).
- 2018: Revenue of $85.8M, expenses of $82.9M, and assets of $114.0M (revenue +5.4% year-over-year).
- 2017: Revenue of $81.4M, expenses of $77.2M, and assets of $111.3M (revenue +14.8% year-over-year).
- 2016: Revenue of $70.9M, expenses of $71.2M, and assets of $106.2M (revenue +6.6% year-over-year).
- 2015: Revenue of $66.5M, expenses of $64.5M, and assets of $110.5M (revenue +12.1% year-over-year).
- 2014: Revenue of $59.3M, expenses of $59.2M, and assets of $112.3M (revenue -2.3% year-over-year).
- 2013: Revenue of $60.7M, expenses of $59.4M, and assets of $112.1M (revenue +6.1% year-over-year).
- 2012: Revenue of $57.2M, expenses of $58.3M, and assets of $111.6M (revenue -1.5% year-over-year).
- 2011: Revenue of $58.1M, expenses of $57.0M, and assets of $114.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marymount Manhattan College:
Data Sources and Methodology
This transparency report for Marymount Manhattan College 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.