Pollock Krasner Foundation Inc
Pollock Krasner Foundation consistently allocates over 80% of expenses to programs with zero reported officer compensation.
EIN: 133255693 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $6.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $65 |
| Net Assets | $65.4M |
| Transparency Score | 92/100 |
Is Pollock Krasner Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pollock Krasner Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pollock Krasner Foundation Inc
Pollock Krasner Foundation Inc (EIN: 133255693) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.8M and total assets of $66.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pollock Krasner Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pollock Krasner Foundation Inc is a mid-size nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.3M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $65.5M |
| Total Liabilities | $173K |
| Net Assets | $65.4M |
| Operating Margin | 20.1% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 118.4 months |
Financial Health Grade: A
In 2023, Pollock Krasner Foundation Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 118.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Pollock Krasner Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.2% | +3.5% | +2.6% |
| 2022 | -5.3% | -8.0% | +8.2% |
| 2021 | -1.8% | +7.9% | +8.2% |
| 2020 | +189.8% | -1.7% | +9.5% |
| 2019 | -19.0% | +23.3% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Pollock Krasner Foundation Inc with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Pollock Krasner Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers either serve on a volunteer basis or receive compensation below the reporting threshold, which is highly unusual for an organization with assets exceeding $65 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 Pollock Krasner Foundation Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this asset size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Pollock Krasner Foundation Inc:
- Strong program spending ratio, consistently above 80% of total expenses (e.g., 85% in 2023).
- Consistent growth in assets, from $49.1M in 2011 to $65.5M in 2023, indicating financial stability.
- Zero reported officer compensation across all filings, suggesting a highly mission-focused and cost-efficient leadership structure.
- Long history of consistent IRS 990 filings, demonstrating transparency and accountability.
Frequently Asked Questions about Pollock Krasner Foundation Inc
Is Pollock Krasner Foundation Inc a legitimate charity?
Pollock Krasner Foundation Inc (EIN: 133255693) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Pollock Krasner Foundation Inc spend its money?
Pollock Krasner Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pollock Krasner Foundation Inc tax-deductible?
Pollock Krasner Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133255693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pollock Krasner Foundation Inc CEO make?
Pollock Krasner Foundation Inc's highest-compensated officer earns $65 annually. The organization reported $4.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pollock Krasner Foundation Inc's spending goes to programs?
Pollock Krasner Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pollock Krasner Foundation Inc located?
Pollock Krasner Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133255693.
How many years of IRS 990 filings does Pollock Krasner Foundation Inc have?
Pollock Krasner Foundation Inc 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 $4.8M in total revenue.
Is Pollock Krasner Foundation Inc. a good charity?
Based on its financial data, the Pollock Krasner Foundation Inc. appears to be a very good charity. It consistently dedicates a high percentage of its expenses (e.g., 85% in 2023) to program services and reports zero officer compensation, indicating a strong focus on its mission and efficient use of funds.
How does the organization manage its assets?
The organization has consistently grown its assets over the past decade, from $49,187,693 in 2011 to $65,544,279 in 2023, demonstrating strong financial stewardship and a healthy endowment for future operations.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated significantly, from a low of $3,452,967 in 2012 to a high of $12,122,535 in 2020, while expenses have shown a more stable, gradual increase over the same period, indicating adaptability in managing its budget despite revenue volatility.
Filing History
IRS 990 filing history for Pollock Krasner Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pollock Krasner Foundation Inc's revenue has grown by 79.1%, moving from $4.6M to $8.3M. Total assets increased by 33.3% over the same period, from $49.2M to $65.5M. Total functional expenses rose by 60%, from $4.2M to $6.6M. In its most recent filing year (2023), Pollock Krasner Foundation Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $173K in liabilities against $65.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $65.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $6.6M | $65.5M | $173K | — | View 990 |
| 2022 | $11.3M | $6.4M | $63.9M | $214K | — | View 990 |
| 2021 | $11.9M | $7.0M | $59.0M | $203K | — | View 990 |
| 2020 | $12.1M | $6.5M | $54.6M | $203K | — | View 990 |
| 2019 | $4.2M | $6.6M | $49.8M | $128K | — | View 990 |
| 2015 | $5.2M | $5.3M | $49.4M | $120K | — | View 990 |
| 2014 | $6.6M | $4.7M | $49.1M | $117K | — | View 990 |
| 2013 | $3.9M | $5.0M | $46.9M | $115K | — | View 990 |
| 2012 | $3.5M | $4.5M | $47.4M | $112K | — | View 990 |
| 2011 | $4.6M | $4.2M | $49.2M | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $6.6M, and assets of $65.5M (revenue -26.2% year-over-year).
- 2022: Revenue of $11.3M, expenses of $6.4M, and assets of $63.9M (revenue -5.3% year-over-year).
- 2021: Revenue of $11.9M, expenses of $7.0M, and assets of $59.0M (revenue -1.8% year-over-year).
- 2020: Revenue of $12.1M, expenses of $6.5M, and assets of $54.6M (revenue +189.8% year-over-year).
- 2019: Revenue of $4.2M, expenses of $6.6M, and assets of $49.8M (revenue -19.0% year-over-year).
- 2015: Revenue of $5.2M, expenses of $5.3M, and assets of $49.4M (revenue -21.7% year-over-year).
- 2014: Revenue of $6.6M, expenses of $4.7M, and assets of $49.1M (revenue +68.5% year-over-year).
- 2013: Revenue of $3.9M, expenses of $5.0M, and assets of $46.9M (revenue +13.3% year-over-year).
- 2012: Revenue of $3.5M, expenses of $4.5M, and assets of $47.4M (revenue -25.6% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.2M, and assets of $49.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pollock Krasner Foundation Inc:
Data Sources and Methodology
This transparency report for Pollock Krasner 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.