The Gallery Lyons Charitable Foundation
Gallery Lyons Charitable Foundation maintains stable assets despite fluctuating revenues and consistent operating deficits.
EIN: 203883508 · Boston, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $162K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.2M |
| Transparency Score | 65/100 |
Is The Gallery Lyons Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Gallery Lyons Charitable Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Gallery Lyons Charitable Foundation
The Gallery Lyons Charitable Foundation (EIN: 203883508) is a nonprofit organization based in Boston, MA, classified under NTEE code T22. The organization reported total revenue of $2.6M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Gallery Lyons Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Gallery Lyons Charitable Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $162K |
| Surplus / Deficit | $-50,975 |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | -45.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.7 months |
Financial Health Grade: B
In 2023, The Gallery Lyons Charitable Foundation reported a deficit of $51K with expenses exceeding revenue, holds 162.7 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), The Gallery Lyons Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.7% | -6.1% | -2.3% |
| 2022 | -18.7% | +14.4% | -0.7% |
| 2021 | +580.4% | -7.2% | +1.8% |
| 2020 | -20.8% | +8.0% | -5.7% |
| 2019 | -76.8% | +3.9% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 The Gallery Lyons Charitable 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Gallery Lyons Charitable Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $51K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, suggesting either a fully volunteer executive team or that compensation is categorized under other expenses, which would reduce transparency regarding leadership costs for an organization with over $2 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 The Gallery Lyons Charitable Foundation's IRS 990 filings:
- Consistent operating deficits (e.g., 2023: $111,274 revenue vs. $162,249 expenses)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Fluctuating and generally declining revenue trend over the past decade
Strengths
The following positive indicators were identified for The Gallery Lyons Charitable Foundation:
- Strong and stable asset base (consistently over $2 million)
- Minimal liabilities reported across all filings ($0-$1)
- Consistent reporting of 0% officer compensation, indicating low or no direct executive salary burden
Frequently Asked Questions about The Gallery Lyons Charitable Foundation
Is The Gallery Lyons Charitable Foundation a legitimate charity?
The Gallery Lyons Charitable Foundation (EIN: 203883508) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Gallery Lyons Charitable Foundation spend its money?
The Gallery Lyons Charitable Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Gallery Lyons Charitable Foundation tax-deductible?
The Gallery Lyons Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203883508). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Gallery Lyons Charitable Foundation CEO make?
The Gallery Lyons Charitable Foundation's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Gallery Lyons Charitable Foundation's spending goes to programs?
The Gallery Lyons Charitable Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The Gallery Lyons Charitable Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), The Gallery Lyons Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Gallery Lyons Charitable Foundation located?
The Gallery Lyons Charitable Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 203883508. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Gallery Lyons Charitable Foundation have?
The Gallery Lyons Charitable 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 $2.6M in total revenue.
What are the specific program activities funded by The Gallery Lyons Charitable Foundation?
The provided IRS 990 data does not detail specific program activities or grants made. Further investigation into their public disclosures or website would be necessary to understand their programmatic focus.
Why have expenses frequently exceeded revenues in recent years?
In periods like 2023 ($111,274 revenue vs. $162,249 expenses) and 2022 ($156,153 revenue vs. $172,713 expenses), expenses have exceeded revenues. This suggests the organization is either drawing from its substantial asset base or prior year surpluses to cover operational costs and grantmaking.
How does the foundation ensure its assets are being effectively utilized for its charitable purpose?
While the foundation maintains a healthy asset base of over $2 million, the lack of detailed expense breakdowns (program vs. admin) makes it difficult to assess the efficiency of asset utilization. More granular financial reporting would be needed to answer this.
Filing History
IRS 990 filing history for The Gallery Lyons Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Gallery Lyons Charitable Foundation's revenue has declined by 60.3%, moving from $280K to $111K. Total assets increased by 16.7% over the same period, from $1.9M to $2.2M. Total functional expenses rose by 103.9%, from $80K to $162K. In its most recent filing year (2023), The Gallery Lyons Charitable Foundation reported a deficit of $51K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $162K | $2.2M | $1 | — | View 990 |
| 2022 | $156K | $173K | $2.3M | $1 | — | View 990 |
| 2021 | $192K | $151K | $2.3M | $1 | — | View 990 |
| 2020 | $28K | $163K | $2.2M | $1 | — | View 990 |
| 2019 | $36K | $151K | $2.4M | $1 | — | View 990 |
| 2015 | $153K | $145K | $2.2M | $0 | — | View 990 |
| 2014 | $120K | $138K | $2.2M | $0 | — | View 990 |
| 2013 | $236K | $133K | $2.2M | $0 | — | View 990 |
| 2012 | $286K | $92K | $2.1M | $0 | — | View 990 |
| 2011 | $280K | $80K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $162K, and assets of $2.2M (revenue -28.7% year-over-year).
- 2022: Revenue of $156K, expenses of $173K, and assets of $2.3M (revenue -18.7% year-over-year).
- 2021: Revenue of $192K, expenses of $151K, and assets of $2.3M (revenue +580.4% year-over-year).
- 2020: Revenue of $28K, expenses of $163K, and assets of $2.2M (revenue -20.8% year-over-year).
- 2019: Revenue of $36K, expenses of $151K, and assets of $2.4M (revenue -76.8% year-over-year).
- 2015: Revenue of $153K, expenses of $145K, and assets of $2.2M (revenue +28.1% year-over-year).
- 2014: Revenue of $120K, expenses of $138K, and assets of $2.2M (revenue -49.3% year-over-year).
- 2013: Revenue of $236K, expenses of $133K, and assets of $2.2M (revenue -17.4% year-over-year).
- 2012: Revenue of $286K, expenses of $92K, and assets of $2.1M (revenue +2.1% year-over-year).
- 2011: Revenue of $280K, expenses of $80K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Gallery Lyons Charitable Foundation:
Data Sources and Methodology
This transparency report for The Gallery Lyons Charitable 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.