Steve Tisch Family Foundation
Steve Tisch Family Foundation shows exceptional asset growth and zero executive compensation over a decade.
EIN: 134037377 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.4M |
| Total Expenses | $20.8M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $227.7 |
| Net Assets | $225.5M |
| Transparency Score | 98/100 |
Is Steve Tisch Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Steve Tisch Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Steve Tisch Family Foundation
Steve Tisch Family Foundation (EIN: 134037377) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $15.4M and total assets of $227.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steve Tisch Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steve Tisch Family Foundation is a large nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 30.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72.1M |
| Total Expenses | $20.8M |
| Surplus / Deficit | +$51.3M |
| Total Assets | $225.5M |
| Total Liabilities | $1 |
| Net Assets | $225.5M |
| Operating Margin | 71.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 129.9 months |
Financial Health Grade: A
In 2023, Steve Tisch Family Foundation reported a surplus of $51.3M with revenue exceeding expenses, holds 129.9 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), Steve Tisch Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 30.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.9% | +53.1% | +31.0% |
| 2022 | +205.0% | -21.1% | +33.6% |
| 2021 | -68.9% | +27.5% | +8.4% |
| 2020 | +149.3% | -10.7% | +63.8% |
| 2019 | +290.8% | +145.2% | +2597.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Steve Tisch Family Foundation with a Mission Score of 98 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Steve Tisch Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $51.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of this size and asset base ($227.7 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 Steve Tisch Family Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary, though 0% officer comp suggests efficiency.
Strengths
The following positive indicators were identified for Steve Tisch Family Foundation:
- Exceptional asset growth from $1.16M in 2011 to $225.48M in 2023.
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication to mission.
- Revenue consistently exceeds expenses, allowing for significant reinvestment and asset accumulation.
- Minimal liabilities reported across all filing periods, demonstrating strong financial stability.
Frequently Asked Questions about Steve Tisch Family Foundation
Is Steve Tisch Family Foundation a legitimate charity?
Steve Tisch Family Foundation (EIN: 134037377) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 98/100. It has 10 years of IRS 990 filings on record. Total revenue: $15.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Steve Tisch Family Foundation spend its money?
Steve Tisch Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Steve Tisch Family Foundation tax-deductible?
Steve Tisch Family Foundation is registered as a tax-exempt nonprofit (EIN: 134037377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Steve Tisch Family Foundation CEO make?
Steve Tisch Family Foundation's highest-compensated officer earns $227.7 annually. The organization reported $15.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Steve Tisch Family Foundation compare to similar nonprofits?
With a transparency score of 98/100 (Excellent), Steve Tisch Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Steve Tisch Family Foundation located?
Steve Tisch Family Foundation is headquartered in New York, New York and files with the IRS under EIN 134037377. It is classified under NTEE code T20.
How many years of IRS 990 filings does Steve Tisch Family Foundation have?
Steve Tisch Family 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 $15.4M in total revenue.
Is the Steve Tisch Family Foundation a good charity?
Based on the provided data, the Steve Tisch Family Foundation appears to be an excellent charity. It exhibits strong financial health with significant asset growth, consistently low expenses relative to revenue, and a remarkable commitment to its mission by reporting 0% officer compensation.
How has the foundation's financial health changed over time?
The foundation's financial health has dramatically improved, with assets growing from $1.16 million in 2011 to $225.48 million in 2023. Revenue and expenses have also increased, but revenue has consistently outpaced expenses, leading to substantial asset accumulation.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, indicating that its leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which is highly efficient for a foundation of its size.
Filing History
IRS 990 filing history for Steve Tisch Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Steve Tisch Family Foundation's revenue has grown by 2269.9%, moving from $3.0M to $72.1M. Total assets increased by 19283.1% over the same period, from $1.2M to $225.5M. Total functional expenses rose by 1048.8%, from $1.8M to $20.8M. In its most recent filing year (2023), Steve Tisch Family Foundation reported a surplus of $51.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $225.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $225.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72.1M | $20.8M | $225.5M | $1 | — | — |
| 2022 | $56.8M | $13.6M | $172.1M | $1 | — | View 990 |
| 2021 | $18.6M | $17.3M | $128.9M | $266 | — | View 990 |
| 2020 | $59.8M | $13.5M | $118.8M | $1 | — | — |
| 2019 | $24.0M | $15.2M | $72.5M | $0 | — | View 990 |
| 2015 | $6.1M | $6.2M | $2.7M | $0 | — | View 990 |
| 2014 | $19.5M | $11.4M | $3.4M | $0 | — | View 990 |
| 2013 | $6.8M | $3.1M | $3.2M | $0 | — | View 990 |
| 2012 | $6.9M | $3.1M | $2.6M | $0 | — | View 990 |
| 2011 | $3.0M | $1.8M | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72.1M, expenses of $20.8M, and assets of $225.5M (revenue +26.9% year-over-year).
- 2022: Revenue of $56.8M, expenses of $13.6M, and assets of $172.1M (revenue +205.0% year-over-year).
- 2021: Revenue of $18.6M, expenses of $17.3M, and assets of $128.9M (revenue -68.9% year-over-year).
- 2020: Revenue of $59.8M, expenses of $13.5M, and assets of $118.8M (revenue +149.3% year-over-year).
- 2019: Revenue of $24.0M, expenses of $15.2M, and assets of $72.5M (revenue +290.8% year-over-year).
- 2015: Revenue of $6.1M, expenses of $6.2M, and assets of $2.7M (revenue -68.5% year-over-year).
- 2014: Revenue of $19.5M, expenses of $11.4M, and assets of $3.4M (revenue +188.5% year-over-year).
- 2013: Revenue of $6.8M, expenses of $3.1M, and assets of $3.2M (revenue -2.1% year-over-year).
- 2012: Revenue of $6.9M, expenses of $3.1M, and assets of $2.6M (revenue +126.8% year-over-year).
- 2011: Revenue of $3.0M, expenses of $1.8M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steve Tisch Family Foundation:
Data Sources and Methodology
This transparency report for Steve Tisch Family 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.