Miriam And Arthur Diamond Charitable Trust
Miriam And Arthur Diamond Charitable Trust consistently distributes funds from its endowment with zero officer compensation.
EIN: 137093689 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $3.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $31.9 |
| Net Assets | $31.9M |
| Transparency Score | 85/100 |
Is Miriam And Arthur Diamond Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Miriam And Arthur Diamond Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Miriam And Arthur Diamond Charitable Trust
Miriam And Arthur Diamond Charitable Trust (EIN: 137093689) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.7M and total assets of $30.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miriam And Arthur Diamond Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miriam And Arthur Diamond Charitable Trust is a mid-size nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-1,703,669 |
| Total Assets | $31.9M |
| Total Liabilities | $1 |
| Net Assets | $31.9M |
| Operating Margin | -96.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 110.1 months |
Financial Health Grade: B
In 2023, Miriam And Arthur Diamond Charitable Trust reported a deficit of $1.7M with expenses exceeding revenue, holds 110.1 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), Miriam And Arthur Diamond Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +98.8% | +4.6% | -5.1% |
| 2022 | -90.3% | +21.3% | -6.7% |
| 2021 | +2253.4% | +18.9% | +21.9% |
| 2020 | -0.6% | -0.2% | -6.1% |
| 2019 | -83.6% | +36.8% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Miriam And Arthur Diamond Charitable Trust 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, Miriam And Arthur Diamond Charitable Trust 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 $1.7M, 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 or key employees receive salaries from the trust, which is highly efficient for an organization of its asset size ($31.9 million in 2023).
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 Miriam And Arthur Diamond Charitable Trust's IRS 990 filings:
- NTEE code is unknown, limiting specific programmatic understanding.
Strengths
The following positive indicators were identified for Miriam And Arthur Diamond Charitable Trust:
- Consistent zero officer compensation across all filings.
- Substantial and stable asset base (e.g., $31.9 million in 2023) ensuring long-term viability.
- Minimal liabilities ($1 or $0) indicating strong financial health.
- Consistent filing of IRS Form 990s demonstrates transparency.
Frequently Asked Questions about Miriam And Arthur Diamond Charitable Trust
Is Miriam And Arthur Diamond Charitable Trust a legitimate charity?
Miriam And Arthur Diamond Charitable Trust (EIN: 137093689) 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: $8.7M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Miriam And Arthur Diamond Charitable Trust spend its money?
Miriam And Arthur Diamond Charitable Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Miriam And Arthur Diamond Charitable Trust tax-deductible?
Miriam And Arthur Diamond Charitable Trust is registered as a tax-exempt nonprofit (EIN: 137093689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Miriam And Arthur Diamond Charitable Trust CEO make?
Miriam And Arthur Diamond Charitable Trust's highest-compensated officer earns $31.9 annually. The organization reported $8.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Miriam And Arthur Diamond Charitable Trust located?
Miriam And Arthur Diamond Charitable Trust is headquartered in New York, New York and files with the IRS under EIN 137093689.
How many years of IRS 990 filings does Miriam And Arthur Diamond Charitable Trust have?
Miriam And Arthur Diamond Charitable Trust 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 $8.7M in total revenue.
Is Miriam And Arthur Diamond Charitable Trust a good charity?
Based on the available data, the trust appears to be a well-managed private foundation. It consistently reports zero officer compensation, maintains a substantial asset base, and has minimal liabilities, all positive indicators. Its primary function seems to be distributing grants from its endowment.
What is the primary purpose of this organization?
The Miriam And Arthur Diamond Charitable Trust functions as a grant-making private foundation, distributing funds from its significant endowment to support charitable causes, as evidenced by its consistent expenses exceeding revenue in several periods and substantial assets.
How does the organization manage its finances?
The organization manages its finances prudently, maintaining a large asset base (e.g., $31.9 million in 2023) and consistently reporting negligible liabilities ($1 or $0). The absence of officer compensation suggests a lean operational structure focused on its charitable distributions.
Filing History
IRS 990 filing history for Miriam And Arthur Diamond Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Miriam And Arthur Diamond Charitable Trust's revenue has grown by 6%, moving from $1.7M to $1.8M. Total assets decreased by 1.2% over the same period, from $32.3M to $31.9M. Total functional expenses rose by 81.8%, from $1.9M to $3.5M. In its most recent filing year (2023), Miriam And Arthur Diamond Charitable Trust reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $1 in liabilities against $31.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $31.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $3.5M | $31.9M | $1 | — | — |
| 2022 | $892K | $3.3M | $33.6M | $1 | — | View 990 |
| 2021 | $9.2M | $2.7M | $36.0M | $1 | — | View 990 |
| 2020 | $392K | $2.3M | $29.6M | $1 | — | View 990 |
| 2019 | $394K | $2.3M | $31.5M | $0 | — | View 990 |
| 2015 | $2.4M | $1.7M | $37.2M | $0 | — | View 990 |
| 2014 | $3.1M | $1.7M | $36.5M | $0 | — | View 990 |
| 2013 | $4.2M | $1.7M | $35.0M | $0 | — | View 990 |
| 2012 | $1.8M | $1.6M | $32.5M | $0 | — | View 990 |
| 2011 | $1.7M | $1.9M | $32.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $3.5M, and assets of $31.9M (revenue +98.8% year-over-year).
- 2022: Revenue of $892K, expenses of $3.3M, and assets of $33.6M (revenue -90.3% year-over-year).
- 2021: Revenue of $9.2M, expenses of $2.7M, and assets of $36.0M (revenue +2253.4% year-over-year).
- 2020: Revenue of $392K, expenses of $2.3M, and assets of $29.6M (revenue -0.6% year-over-year).
- 2019: Revenue of $394K, expenses of $2.3M, and assets of $31.5M (revenue -83.6% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.7M, and assets of $37.2M (revenue -23.6% year-over-year).
- 2014: Revenue of $3.1M, expenses of $1.7M, and assets of $36.5M (revenue -25.9% year-over-year).
- 2013: Revenue of $4.2M, expenses of $1.7M, and assets of $35.0M (revenue +133.5% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.6M, and assets of $32.5M (revenue +8.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.9M, and assets of $32.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miriam And Arthur Diamond Charitable Trust:
Data Sources and Methodology
This transparency report for Miriam And Arthur Diamond Charitable Trust 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.