Metropolitan Club Inc
Metropolitan Club Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 131518177 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29.0M |
| Total Expenses | $21.5M |
| Program Spending | 70% |
| Net Assets | $20.6M |
| Transparency Score | 75/100 |
Is Metropolitan Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Metropolitan Club Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Metropolitan Club Inc
Metropolitan Club Inc (EIN: 131518177) is a nonprofit organization based in New York, NY. The organization reported total revenue of $29.0M and total assets of $31.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metropolitan Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metropolitan Club Inc is a large nonprofit that has been operating for 88 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.5M |
| Total Expenses | $21.5M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $28.1M |
| Total Liabilities | $7.5M |
| Net Assets | $20.6M |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 26.6% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, Metropolitan Club Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 26.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Metropolitan Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.4% | +20.6% | +6.9% |
| 2022 | +62.1% | +57.6% | +1.7% |
| 2021 | +84.1% | +9.5% | +2.0% |
| 2020 | -68.3% | -48.4% | -11.0% |
| 2019 | -5.2% | +0.1% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1938 |
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 Metropolitan Club Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Metropolitan Club Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with revenues in the tens of millions. This could indicate a volunteer executive structure or that compensation is not reported in this section of the 990, requiring further clarification for a complete understanding of executive remuneration.
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 Metropolitan Club Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration practices or indicate an unusual operational model.
Strengths
The following positive indicators were identified for Metropolitan Club Inc:
- Consistent revenue generation, with recent years showing surpluses (e.g., $22,544,182 revenue vs. $21,469,234 expenses in 2023).
- Steady growth in assets, from $25,350,456 in 2020 to $28,130,057 in 2023, indicating financial stability.
- Positive net assets, with assets significantly exceeding liabilities (e.g., $28,130,057 assets vs. $7,490,383 liabilities in 2023).
Frequently Asked Questions about Metropolitan Club Inc
Is Metropolitan Club Inc a legitimate charity?
Metropolitan Club Inc (EIN: 131518177) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $29.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Metropolitan Club Inc spend its money?
Metropolitan Club Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Metropolitan Club Inc tax-deductible?
Metropolitan Club Inc is registered as a tax-exempt nonprofit (EIN: 131518177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Metropolitan Club Inc's spending goes to programs?
Metropolitan Club Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Metropolitan Club Inc located?
Metropolitan Club Inc is headquartered in New York, New York and files with the IRS under EIN 131518177.
How many years of IRS 990 filings does Metropolitan Club Inc have?
Metropolitan Club Inc has 14 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 $29.0M in total revenue.
What is the primary mission of Metropolitan Club Inc. given its financial scale?
The NTEE code is unknown, making it difficult to ascertain the specific mission from the provided financial data alone. The consistent revenue and asset base suggest a well-established operation, but its charitable purpose is not clear.
How does Metropolitan Club Inc. manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is notable. This could imply a fully volunteer executive leadership, or that executive compensation is categorized under other expense lines, or paid by a related entity, which would require deeper scrutiny of the full 990 forms.
What is the breakdown of expenses into program, administrative, and fundraising categories?
The provided data only includes total expenses. Without a detailed breakdown, it is impossible to accurately assess the organization's spending efficiency in terms of program delivery versus overhead costs.
Filing History
IRS 990 filing history for Metropolitan Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Metropolitan Club Inc's revenue has grown by 38.6%, moving from $16.3M to $22.5M. Total assets decreased by 14.3% over the same period, from $32.8M to $28.1M. Total functional expenses rose by 30.2%, from $16.5M to $21.5M. In its most recent filing year (2023), Metropolitan Club Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $7.5M in liabilities against $28.1M in assets (debt-to-asset ratio: 26.6%), resulting in net assets of $20.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.5M | $21.5M | $28.1M | $7.5M | — | — |
| 2022 | $18.9M | $17.8M | $26.3M | $6.7M | — | — |
| 2021 | $11.6M | $11.3M | $25.9M | $7.4M | — | View 990 |
| 2020 | $6.3M | $10.3M | $25.4M | $7.1M | — | View 990 |
| 2019 | $19.9M | $20.0M | $28.5M | $6.2M | — | — |
| 2018 | $21.0M | $20.0M | $28.9M | $6.5M | — | View 990 |
| 2017 | $19.0M | $19.0M | $29.0M | $7.7M | — | View 990 |
| 2016 | $19.8M | $18.8M | $30.2M | $8.9M | — | View 990 |
| 2015 | $18.4M | $18.6M | $29.0M | $8.8M | — | View 990 |
| 2014 | $19.1M | $18.9M | $29.0M | $8.6M | — | View 990 |
| 2013 | $17.5M | $17.6M | $31.4M | $11.4M | — | View 990 |
| 2012 | $17.6M | $17.5M | $31.4M | $11.6M | — | View 990 |
| 2011 | $16.7M | $17.2M | $30.9M | $11.2M | — | View 990 |
| 2010 | $16.3M | $16.5M | $32.8M | $12.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.5M, expenses of $21.5M, and assets of $28.1M (revenue +19.4% year-over-year).
- 2022: Revenue of $18.9M, expenses of $17.8M, and assets of $26.3M (revenue +62.1% year-over-year).
- 2021: Revenue of $11.6M, expenses of $11.3M, and assets of $25.9M (revenue +84.1% year-over-year).
- 2020: Revenue of $6.3M, expenses of $10.3M, and assets of $25.4M (revenue -68.3% year-over-year).
- 2019: Revenue of $19.9M, expenses of $20.0M, and assets of $28.5M (revenue -5.2% year-over-year).
- 2018: Revenue of $21.0M, expenses of $20.0M, and assets of $28.9M (revenue +10.6% year-over-year).
- 2017: Revenue of $19.0M, expenses of $19.0M, and assets of $29.0M (revenue -4.2% year-over-year).
- 2016: Revenue of $19.8M, expenses of $18.8M, and assets of $30.2M (revenue +7.7% year-over-year).
- 2015: Revenue of $18.4M, expenses of $18.6M, and assets of $29.0M (revenue -3.4% year-over-year).
- 2014: Revenue of $19.1M, expenses of $18.9M, and assets of $29.0M (revenue +9.1% year-over-year).
- 2013: Revenue of $17.5M, expenses of $17.6M, and assets of $31.4M (revenue -0.7% year-over-year).
- 2012: Revenue of $17.6M, expenses of $17.5M, and assets of $31.4M (revenue +5.2% year-over-year).
- 2011: Revenue of $16.7M, expenses of $17.2M, and assets of $30.9M (revenue +2.9% year-over-year).
- 2010: Revenue of $16.3M, expenses of $16.5M, and assets of $32.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metropolitan Club Inc:
Data Sources and Methodology
This transparency report for Metropolitan Club 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.