Shubert Foundation Inc
Shubert Foundation maintains robust asset growth and consistent grantmaking with zero reported officer compensation.
EIN: 136106961 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $220.2M |
| Total Expenses | $43.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $677,813,037 |
| Net Assets | $666.0M |
| Transparency Score | 95/100 |
Is Shubert Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shubert Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shubert Foundation Inc
Shubert Foundation Inc (EIN: 136106961) is a nonprofit organization based in New York, NY. The organization reported total revenue of $220.2M and total assets of $677.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shubert Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shubert Foundation Inc is a major nonprofit that has been operating for 80 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43.0M |
| Total Expenses | $43.9M |
| Surplus / Deficit | $-960,345 |
| Total Assets | $670.2M |
| Total Liabilities | $4.2M |
| Net Assets | $666.0M |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 183.1 months |
Financial Health Grade: B
In 2023, Shubert Foundation Inc reported a deficit of $960K with expenses exceeding revenue, holds 183.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Shubert Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.5% | +0.1% | -0.1% |
| 2022 | -8.5% | +16.6% | +2.1% |
| 2021 | +238.6% | +2.9% | +4.1% |
| 2020 | -62.1% | -1.8% | -2.8% |
| 2019 | -26.4% | +17.0% | +94.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Shubert Foundation Inc with a Mission Score of 95 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, Shubert Foundation Inc 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 $960K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The Shubert Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size and asset base ($677,813,037 in latest assets). This suggests a strong commitment to directing funds towards its mission rather than executive salaries.
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 Shubert Foundation Inc's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Shubert Foundation Inc:
- Exceptional asset growth, increasing from $259 million in 2011 to over $670 million in 2023.
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to mission-focused spending.
- Substantial and consistent grantmaking capacity, with expenses generally in the range of $25-44 million annually.
- Strong financial stability with assets significantly outweighing liabilities (e.g., $670M assets vs. $4.2M liabilities in 2023).
Frequently Asked Questions about Shubert Foundation Inc
Is Shubert Foundation Inc a legitimate charity?
Shubert Foundation Inc (EIN: 136106961) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $220.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Shubert Foundation Inc spend its money?
Shubert Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Shubert Foundation Inc tax-deductible?
Shubert Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136106961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shubert Foundation Inc CEO make?
Shubert Foundation Inc's highest-compensated officer earns $677,813,037 annually. The organization reported $220.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Shubert Foundation Inc located?
Shubert Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136106961.
How many years of IRS 990 filings does Shubert Foundation Inc have?
Shubert 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 $220.2M in total revenue.
Is Shubert Foundation Inc. a good charity?
Based on the provided data, Shubert Foundation Inc. appears to be a very good charity. It demonstrates exceptional financial health with significant asset growth from $259 million in 2011 to over $670 million in 2023, consistent program spending, and a remarkable record of 0% officer compensation, suggesting a strong focus on its mission.
How has the Shubert Foundation's financial health changed over time?
The Shubert Foundation has shown remarkable financial growth. Its assets have more than doubled from $259,253,147 in 2011 to $670,184,655 in 2023, indicating strong investment performance and financial stewardship. Revenue and expenses have fluctuated but generally show a consistent capacity for grantmaking.
What is the Shubert Foundation's approach to executive compensation?
The Shubert Foundation consistently reports 0% officer compensation in all available IRS 990 filings. This is a highly unusual and positive indicator, suggesting that executive leadership is either entirely volunteer-based or compensated through non-officer categories, prioritizing mission over high executive salaries.
Filing History
IRS 990 filing history for Shubert Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Shubert Foundation Inc's revenue has grown by 54.8%, moving from $27.8M to $43.0M. Total assets increased by 158.5% over the same period, from $259.3M to $670.2M. Total functional expenses rose by 77.6%, from $24.7M to $43.9M. In its most recent filing year (2023), Shubert Foundation Inc reported a deficit of $960K, with expenses exceeding revenue. The organization holds $4.2M in liabilities against $670.2M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $666.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43.0M | $43.9M | $670.2M | $4.2M | — | View 990 |
| 2022 | $57.7M | $43.9M | $671.1M | $4.1M | — | View 990 |
| 2021 | $63.0M | $37.6M | $657.1M | $3.8M | — | View 990 |
| 2020 | $18.6M | $36.6M | $631.1M | $2.8M | — | View 990 |
| 2019 | $49.2M | $37.2M | $649.1M | $2.4M | — | View 990 |
| 2015 | $66.8M | $31.8M | $333.6M | $2.6M | — | View 990 |
| 2014 | $49.4M | $29.6M | $298.6M | $2.3M | — | View 990 |
| 2013 | $42.8M | $27.7M | $279.1M | $2.4M | — | View 990 |
| 2012 | $31.5M | $26.5M | $264.2M | $2.2M | — | View 990 |
| 2011 | $27.8M | $24.7M | $259.3M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43.0M, expenses of $43.9M, and assets of $670.2M (revenue -25.5% year-over-year).
- 2022: Revenue of $57.7M, expenses of $43.9M, and assets of $671.1M (revenue -8.5% year-over-year).
- 2021: Revenue of $63.0M, expenses of $37.6M, and assets of $657.1M (revenue +238.6% year-over-year).
- 2020: Revenue of $18.6M, expenses of $36.6M, and assets of $631.1M (revenue -62.1% year-over-year).
- 2019: Revenue of $49.2M, expenses of $37.2M, and assets of $649.1M (revenue -26.4% year-over-year).
- 2015: Revenue of $66.8M, expenses of $31.8M, and assets of $333.6M (revenue +35.0% year-over-year).
- 2014: Revenue of $49.4M, expenses of $29.6M, and assets of $298.6M (revenue +15.5% year-over-year).
- 2013: Revenue of $42.8M, expenses of $27.7M, and assets of $279.1M (revenue +36.1% year-over-year).
- 2012: Revenue of $31.5M, expenses of $26.5M, and assets of $264.2M (revenue +13.3% year-over-year).
- 2011: Revenue of $27.8M, expenses of $24.7M, and assets of $259.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shubert Foundation Inc:
Data Sources and Methodology
This transparency report for Shubert 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.