Milton And Miriam Handler Foundation
Milton And Miriam Handler Foundation consistently disburses funds from its endowment with no reported officer compensation.
EIN: 136136957 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $596K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7,193,608 |
| Net Assets | $4.9M |
| Transparency Score | 85/100 |
Is Milton And Miriam Handler Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milton And Miriam Handler Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milton And Miriam Handler Foundation
Milton And Miriam Handler Foundation (EIN: 136136957) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.7M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milton And Miriam Handler Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milton And Miriam Handler Foundation is a mid-size nonprofit that has been operating for 62 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $539K |
| Total Expenses | $596K |
| Surplus / Deficit | $-56,971 |
| Total Assets | $4.9M |
| Total Liabilities | $1 |
| Net Assets | $4.9M |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 97.8 months |
Financial Health Grade: B
In 2023, Milton And Miriam Handler Foundation reported a deficit of $57K with expenses exceeding revenue, holds 97.8 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), Milton And Miriam Handler Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.2% | +13.0% | +1.1% |
| 2022 | +115.1% | -1.8% | +11.0% |
| 2021 | +91.6% | +8.4% | +1.5% |
| 2020 | +19.0% | -3.4% | -4.1% |
| 2019 | -1.1% | -13.7% | -20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Milton And Miriam Handler 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, Milton And Miriam Handler 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 deficit of $57K, 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 salaries are paid to officers, which is highly unusual for an organization of its asset size ($7,193,608 latest assets).
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 Milton And Miriam Handler Foundation's IRS 990 filings:
- NTEE Code is unknown, making it difficult to assess mission alignment without further information.
- Expenses frequently exceed revenue, which, while common for private foundations, could be a concern if asset depletion is not managed strategically.
Strengths
The following positive indicators were identified for Milton And Miriam Handler Foundation:
- Consistently reports 0% officer compensation, indicating very low administrative overhead related to executive salaries.
- Maintains a substantial asset base (latest $7,193,608), providing financial stability.
- Consistent filing history (10 filings) demonstrates good compliance and transparency in reporting.
Frequently Asked Questions about Milton And Miriam Handler Foundation
Is Milton And Miriam Handler Foundation a legitimate charity?
Milton And Miriam Handler Foundation (EIN: 136136957) 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: $4.7M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Milton And Miriam Handler Foundation spend its money?
Milton And Miriam Handler Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Milton And Miriam Handler Foundation tax-deductible?
Milton And Miriam Handler Foundation is registered as a tax-exempt nonprofit (EIN: 136136957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Milton And Miriam Handler Foundation CEO make?
Milton And Miriam Handler Foundation's highest-compensated officer earns $7,193,608 annually. The organization reported $4.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Milton And Miriam Handler Foundation located?
Milton And Miriam Handler Foundation is headquartered in New York, New York and files with the IRS under EIN 136136957.
How many years of IRS 990 filings does Milton And Miriam Handler Foundation have?
Milton And Miriam Handler 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 $4.7M in total revenue.
What is the primary purpose of the Milton And Miriam Handler Foundation?
Based on the financial data, it operates as a private foundation, likely distributing grants or supporting specific causes, but the NTEE code is unknown, so the specific mission is not detailed in the provided data.
How does the foundation manage its expenses relative to its revenue?
The foundation frequently reports expenses exceeding revenue, for example, $595,528 in expenses against $538,557 in revenue in 2023, suggesting it draws from its substantial asset base to fund its activities.
Is the foundation financially stable?
Yes, with latest assets of $7,193,608 and a history of maintaining assets above $4 million, the foundation appears financially stable, capable of sustaining its operations despite annual fluctuations in revenue.
Filing History
IRS 990 filing history for Milton And Miriam Handler Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Milton And Miriam Handler Foundation's revenue has grown by 83.1%, moving from $294K to $539K. Total assets decreased by 29.5% over the same period, from $6.9M to $4.9M. Total functional expenses fell by 15.5%, from $705K to $596K. In its most recent filing year (2023), Milton And Miriam Handler Foundation reported a deficit of $57K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $539K | $596K | $4.9M | $1 | — | View 990 |
| 2022 | $1.3M | $527K | $4.8M | $1 | — | View 990 |
| 2021 | $600K | $537K | $4.3M | $289K | — | View 990 |
| 2020 | $313K | $495K | $4.3M | $289K | — | View 990 |
| 2019 | $263K | $512K | $4.4M | $289K | — | View 990 |
| 2015 | $266K | $594K | $5.6M | $289K | — | View 990 |
| 2014 | $488K | $856K | $5.6M | $0 | — | View 990 |
| 2013 | $344K | $517K | $6.0M | $0 | — | View 990 |
| 2012 | $275K | $688K | $6.5M | $0 | — | View 990 |
| 2011 | $294K | $705K | $6.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $539K, expenses of $596K, and assets of $4.9M (revenue -58.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $527K, and assets of $4.8M (revenue +115.1% year-over-year).
- 2021: Revenue of $600K, expenses of $537K, and assets of $4.3M (revenue +91.6% year-over-year).
- 2020: Revenue of $313K, expenses of $495K, and assets of $4.3M (revenue +19.0% year-over-year).
- 2019: Revenue of $263K, expenses of $512K, and assets of $4.4M (revenue -1.1% year-over-year).
- 2015: Revenue of $266K, expenses of $594K, and assets of $5.6M (revenue -45.5% year-over-year).
- 2014: Revenue of $488K, expenses of $856K, and assets of $5.6M (revenue +41.7% year-over-year).
- 2013: Revenue of $344K, expenses of $517K, and assets of $6.0M (revenue +25.2% year-over-year).
- 2012: Revenue of $275K, expenses of $688K, and assets of $6.5M (revenue -6.5% year-over-year).
- 2011: Revenue of $294K, expenses of $705K, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milton And Miriam Handler Foundation:
Data Sources and Methodology
This transparency report for Milton And Miriam Handler 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.