Solow Art And Architecture Foundation
Solow Art And Architecture Foundation reports negative revenue in latest filing amidst highly volatile financial performance.
EIN: 133614971 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $10.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $227.9M |
| Transparency Score | 65/100 |
Is Solow Art And Architecture Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Solow Art And Architecture Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Solow Art And Architecture Foundation
Solow Art And Architecture Foundation (EIN: 133614971) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.4M and total assets of $217.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solow Art And Architecture Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solow Art And Architecture Foundation is a mid-size nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2010–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -188.9% | +171.6% | -4.9% |
| 2022 | -94.6% | -17.3% | -0.9% |
| 2021 | +29002.8% | +1351.5% | +11.4% |
| 2020 | -13.0% | -7.5% | -0.1% |
| 2019 | -27.7% | +122.1% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
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 Solow Art And Architecture Foundation with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Solow Art And Architecture Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a volunteer leadership structure or that compensation is not disclosed in this specific field, which is unusual for an organization with over $200 million in 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 Solow Art And Architecture Foundation's IRS 990 filings:
- Negative revenue of -$1,416,461 in the latest filing (202311), indicating a significant financial loss or unusual accounting event.
- Highly volatile revenue and expense patterns over the years, making financial forecasting and stability assessment challenging.
- Lack of detailed expense breakdown in the provided data, hindering a clear understanding of program vs. administrative spending.
- Consistent 0% officer compensation reported despite substantial assets, which could indicate a lack of transparency if compensation is provided through other means.
- Significant increase in expenses to $10,259,260 in 202311, without clear justification in the provided data.
Strengths
The following positive indicators were identified for Solow Art And Architecture Foundation:
- Very strong asset base, consistently over $200 million, providing significant financial stability and potential for long-term impact.
- Minimal liabilities reported in most periods, indicating a healthy balance sheet.
- No reported officer compensation, which could suggest efficient use of funds if leadership is genuinely volunteer-based.
Frequently Asked Questions about Solow Art And Architecture Foundation
Is Solow Art And Architecture Foundation a legitimate charity?
Solow Art And Architecture Foundation (EIN: 133614971) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $5.4M. 5 red flags identified. 3 strengths noted. Financial health grade: B.
How does Solow Art And Architecture Foundation spend its money?
Solow Art And Architecture Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Solow Art And Architecture Foundation tax-deductible?
Solow Art And Architecture Foundation is registered as a tax-exempt nonprofit (EIN: 133614971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Solow Art And Architecture Foundation CEO make?
Solow Art And Architecture Foundation's highest-compensated officer earns $200 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Solow Art And Architecture Foundation's spending goes to programs?
Solow Art And Architecture Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Solow Art And Architecture Foundation located?
Solow Art And Architecture Foundation is headquartered in New York, New York and files with the IRS under EIN 133614971.
How many years of IRS 990 filings does Solow Art And Architecture Foundation have?
Solow Art And Architecture Foundation has 11 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 $5.4M in total revenue.
Why did the Solow Art And Architecture Foundation report negative revenue of -$1,416,461 in the 202311 period?
The provided data does not specify the reason for the negative revenue. This could be due to investment losses, significant returns of contributions, or accounting adjustments, and would require reviewing the full IRS Form 990 for detailed explanations.
How does the organization utilize its substantial assets of over $200 million?
The provided data indicates a large asset base, but does not detail how these assets are invested, managed, or directly applied to the foundation's mission. Further investigation into the organization's investment policies and program expenditures would be necessary.
What are the specific program activities and their associated costs?
The provided data only gives total expenses. Without a functional expense breakdown, it's impossible to determine the specific program activities and their individual costs. This information is crucial for assessing program efficiency.
Is the 0% officer compensation accurate, and if so, how is the organization managed?
The filings consistently show 0% officer compensation. If accurate, this implies a volunteer-led executive team or that compensation is handled through a related entity, which would require further scrutiny to understand the operational structure.
What caused the significant increase in expenses to $10,259,260 in 202311, especially with negative revenue?
The data does not provide a breakdown of expenses. The substantial increase in expenses, particularly when coupled with negative revenue, suggests a significant operational event or investment, which would need to be clarified by reviewing the detailed financial statements.
Filing History
IRS 990 filing history for Solow Art And Architecture Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Solow Art And Architecture Foundation's revenue has declined by 2583.3%, moving from $57K to $-1,416,461. Total assets increased by 52.6% over the same period, from $149.3M to $227.9M. Total functional expenses rose by 18005.1%, from $57K to $10.3M. The organization holds $1 in liabilities against $227.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $227.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-1,416,461 | $10.3M | $227.9M | $1 | — | — |
| 2022 | $1.6M | $3.8M | $239.6M | $1 | — | View 990 |
| 2021 | $29.3M | $4.6M | $241.8M | $1K | — | View 990 |
| 2020 | $101K | $315K | $217.1M | $1 | — | View 990 |
| 2019 | $116K | $340K | $217.3M | $4K | — | — |
| 2015 | $160K | $153K | $211.6M | $1 | — | View 990 |
| 2014 | $409K | $622K | $211.6M | $1 | — | View 990 |
| 2013 | $56.8M | $133K | $211.8M | $1 | — | View 990 |
| 2012 | $3.7M | $22K | $207.2M | $52.0M | — | View 990 |
| 2011 | $2.2M | $79K | $151.5M | $1 | — | View 990 |
| 2010 | $57K | $57K | $149.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-1,416,461, expenses of $10.3M, and assets of $227.9M (revenue -188.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $3.8M, and assets of $239.6M (revenue -94.6% year-over-year).
- 2021: Revenue of $29.3M, expenses of $4.6M, and assets of $241.8M (revenue +29002.8% year-over-year).
- 2020: Revenue of $101K, expenses of $315K, and assets of $217.1M (revenue -13.0% year-over-year).
- 2019: Revenue of $116K, expenses of $340K, and assets of $217.3M (revenue -27.7% year-over-year).
- 2015: Revenue of $160K, expenses of $153K, and assets of $211.6M (revenue -60.9% year-over-year).
- 2014: Revenue of $409K, expenses of $622K, and assets of $211.6M (revenue -99.3% year-over-year).
- 2013: Revenue of $56.8M, expenses of $133K, and assets of $211.8M (revenue +1419.2% year-over-year).
- 2012: Revenue of $3.7M, expenses of $22K, and assets of $207.2M (revenue +69.3% year-over-year).
- 2011: Revenue of $2.2M, expenses of $79K, and assets of $151.5M (revenue +3772.6% year-over-year).
- 2010: Revenue of $57K, expenses of $57K, and assets of $149.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solow Art And Architecture Foundation:
Data Sources and Methodology
This transparency report for Solow Art And Architecture 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.