Maurice Sendak Foundation Inc
Maurice Sendak Foundation maintains substantial assets despite fluctuating revenues and reports no officer compensation.
EIN: 133807627 · Ridgefield, CT · NTEE: T20 · Updated: 2026-03-28
Is Maurice Sendak Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maurice Sendak Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maurice Sendak Foundation Inc
Maurice Sendak Foundation Inc (EIN: 133807627) is a nonprofit organization based in Ridgefield, CT, classified under NTEE code T20. The organization reported total revenue of $6.4M and total assets of $42.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maurice Sendak Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maurice Sendak Foundation Inc is a mid-size nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 64.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-700,127 |
| Total Assets | $41.8M |
| Total Liabilities | $11K |
| Net Assets | $41.8M |
| Operating Margin | -68.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 291.2 months |
Financial Health Grade: B
In 2023, Maurice Sendak Foundation Inc reported a deficit of $700K with expenses exceeding revenue, holds 291.2 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), Maurice Sendak Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 64.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.3% | -40.3% | -25.2% |
| 2022 | -40.0% | +37.6% | -1.2% |
| 2021 | +32.6% | -5.2% | +2.8% |
| 2020 | +124.2% | +15.4% | +1.0% |
| 2019 | +27.9% | +63.6% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Maurice Sendak Foundation Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Maurice Sendak Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $700K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for a foundation of its size with assets exceeding $40 million.
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 Maurice Sendak Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency analysis.
Strengths
The following positive indicators were identified for Maurice Sendak Foundation Inc:
- Consistently strong asset base, providing long-term financial stability (e.g., $42,084,100 latest assets).
- Zero officer compensation reported across all filings, indicating efficient use of funds in executive salaries.
- Healthy asset-to-liability ratio, with liabilities consistently very low compared to assets (e.g., $11,317 liabilities vs. $41,847,230 assets in 2023).
Frequently Asked Questions about Maurice Sendak Foundation Inc
Is Maurice Sendak Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maurice Sendak Foundation Inc (EIN: 133807627) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Maurice Sendak Foundation Inc spend its money?
Maurice Sendak Foundation Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maurice Sendak Foundation Inc tax-deductible?
Maurice Sendak Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133807627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the detailed breakdown of program, administrative, and fundraising expenses for recent years?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess the exact spending efficiency in these areas.
How does the foundation manage its significant asset base to support its mission?
With assets consistently over $40 million, the foundation has a strong financial cushion. The specific strategies for asset management and how they directly fund mission-related activities are not detailed in the provided summary data.
What caused the significant revenue spike in 2014 ($42,042,954) compared to other years?
The data shows a substantial revenue increase in 2014. Without further details from the full 990 filing, the specific source (e.g., a major donation, asset sale, or licensing agreement) for this spike is unclear.
Filing History
IRS 990 filing history for Maurice Sendak Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Maurice Sendak Foundation Inc's revenue has grown by 39717.5%, moving from $3K to $1.0M. Total assets increased by 1579.8% over the same period, from $2.5M to $41.8M. Total functional expenses rose by 1254.4%, from $127K to $1.7M. In its most recent filing year (2023), Maurice Sendak Foundation Inc reported a deficit of $700K, with expenses exceeding revenue. The organization holds $11K in liabilities against $41.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $41.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.7M | $41.8M | $11K | — | View 990 |
| 2022 | $2.2M | $2.9M | $55.9M | $20K | — | View 990 |
| 2021 | $3.7M | $2.1M | $56.6M | $6K | — | View 990 |
| 2020 | $2.8M | $2.2M | $55.0M | $3K | — | View 990 |
| 2019 | $1.2M | $1.9M | $54.5M | $2K | — | View 990 |
| 2015 | $963K | $1.2M | $53.1M | $1K | — | View 990 |
| 2014 | $42.0M | $2.2M | $53.3M | $6K | — | View 990 |
| 2013 | $9.8M | $1.0M | $13.5M | $6K | — | View 990 |
| 2012 | $2.2M | $9K | $4.7M | $1 | — | View 990 |
| 2011 | $3K | $127K | $2.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.7M, and assets of $41.8M (revenue -53.3% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.9M, and assets of $55.9M (revenue -40.0% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.1M, and assets of $56.6M (revenue +32.6% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.2M, and assets of $55.0M (revenue +124.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.9M, and assets of $54.5M (revenue +27.9% year-over-year).
- 2015: Revenue of $963K, expenses of $1.2M, and assets of $53.1M (revenue -97.7% year-over-year).
- 2014: Revenue of $42.0M, expenses of $2.2M, and assets of $53.3M (revenue +331.0% year-over-year).
- 2013: Revenue of $9.8M, expenses of $1.0M, and assets of $13.5M (revenue +334.0% year-over-year).
- 2012: Revenue of $2.2M, expenses of $9K, and assets of $4.7M (revenue +87289.2% year-over-year).
- 2011: Revenue of $3K, expenses of $127K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maurice Sendak Foundation Inc:
Data Sources and Methodology
This transparency report for Maurice Sendak 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.