The James Beard Foundation Inc
The James Beard Foundation consistently generates revenue exceeding expenses, demonstrating stable financial growth.
EIN: 132752108 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.2M |
| Total Expenses | $17.9M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $4.7M |
| Transparency Score | 85/100 |
Is The James Beard Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The James Beard Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The James Beard Foundation Inc
The James Beard Foundation Inc (EIN: 132752108) is a nonprofit organization based in New York, NY. The organization reported total revenue of $23.2M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The James Beard Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The James Beard Foundation Inc is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.0M |
| Total Expenses | $17.9M |
| Surplus / Deficit | +$122K |
| Total Assets | $9.2M |
| Total Liabilities | $4.5M |
| Net Assets | $4.7M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 6.1 months |
Financial Health Grade: A
In 2023, The James Beard Foundation Inc reported a surplus of $122K with revenue exceeding expenses, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The James Beard Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.2% | +21.3% | +13.4% |
| 2022 | +5.3% | +10.7% | -5.0% |
| 2021 | -20.9% | -24.2% | +12.4% |
| 2020 | +21.0% | +27.9% | +5.4% |
| 2019 | +13.5% | +1.9% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 James Beard Foundation Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The James Beard Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $122K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.8%.
Executive Compensation Analysis
The provided data indicates 'Officer Comp=0%' across all listed fiscal periods, suggesting that no compensation was reported for officers, directors, trustees, or key employees on Part VII, Section A of the Form 990. This is unusual for an organization of its size with revenues exceeding $18 million, and would warrant further investigation into the full 990 to understand how executive compensation is reported or structured.
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 James Beard Foundation Inc's IRS 990 filings:
- Unusual 'Officer Comp=0%' reported for an organization of this size, warranting further investigation into full 990 filings for complete compensation details.
Strengths
The following positive indicators were identified for The James Beard Foundation Inc:
- Consistent revenue growth, nearly doubling from $8.8M in 2014 to $18M in 2023.
- Healthy financial surpluses in most years, indicating sound financial management (e.g., $121,904 surplus in 2023).
- Steady increase in assets, from $2.6M in 2014 to $9.1M in 2023, strengthening the organization's financial foundation.
- Positive net assets (Assets exceeding Liabilities) in all reported periods, demonstrating long-term solvency.
Frequently Asked Questions about The James Beard Foundation Inc
Is The James Beard Foundation Inc a legitimate charity?
The James Beard Foundation Inc (EIN: 132752108) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $23.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does The James Beard Foundation Inc spend its money?
The James Beard Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The James Beard Foundation Inc tax-deductible?
The James Beard Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132752108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The James Beard Foundation Inc CEO make?
The James Beard Foundation Inc's highest-compensated officer earns $18 annually. The organization reported $23.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The James Beard Foundation Inc's spending goes to programs?
The James Beard Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The James Beard Foundation Inc located?
The James Beard Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 132752108.
How many years of IRS 990 filings does The James Beard Foundation Inc have?
The James Beard Foundation Inc has 13 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 $23.2M in total revenue.
Is The James Beard Foundation Inc. financially stable?
Yes, the organization appears financially stable, consistently generating more revenue than expenses. For example, in 2023, revenue was $18,041,842 against expenses of $17,919,938, resulting in a surplus. Assets have also grown steadily from $2,693,128 in 2014 to $9,165,781 in 2023.
How has the organization's revenue grown over time?
The James Beard Foundation Inc. has shown significant revenue growth, increasing from $8,833,971 in 2014 to $18,041,842 in 2023, nearly doubling its income over a decade.
What is the trend in the organization's assets?
The organization's assets have consistently increased, from $2,693,128 in 2014 to $9,165,781 in 2023, indicating a growing financial base and capacity.
Is the 'Officer Comp=0%' figure accurate for all executive compensation?
The 'Officer Comp=0%' figure in the provided summary indicates no compensation was reported for certain officers, directors, trustees, and key employees on Part VII, Section A of the 990. This is atypical for an organization of this scale and would require reviewing the full IRS 990 to understand the complete compensation structure for all highly compensated individuals.
Filing History
IRS 990 filing history for The James Beard Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The James Beard Foundation Inc's revenue has grown by 183.9%, moving from $6.4M to $18.0M. Total assets increased by 258.2% over the same period, from $2.6M to $9.2M. Total functional expenses rose by 200.4%, from $6.0M to $17.9M. In its most recent filing year (2023), The James Beard Foundation Inc reported a surplus of $122K, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $9.2M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.0M | $17.9M | $9.2M | $4.5M | — | View 990 |
| 2022 | $15.1M | $14.8M | $8.1M | $3.5M | — | View 990 |
| 2021 | $14.4M | $13.3M | $8.5M | $4.3M | — | View 990 |
| 2020 | $18.2M | $17.6M | $7.6M | $4.4M | — | View 990 |
| 2019 | $15.0M | $13.8M | $7.2M | $4.6M | — | View 990 |
| 2018 | $13.2M | $13.5M | $5.7M | $4.4M | — | View 990 |
| 2017 | $12.1M | $11.8M | $5.5M | $4.0M | — | View 990 |
| 2016 | $12.3M | $11.2M | $5.5M | $4.3M | — | View 990 |
| 2015 | $10.4M | $9.8M | $4.6M | $4.6M | — | View 990 |
| 2014 | $8.8M | $8.8M | $2.7M | $3.2M | — | View 990 |
| 2013 | $7.3M | $7.1M | $2.7M | $3.3M | — | View 990 |
| 2012 | $7.1M | $6.7M | $2.8M | $3.6M | — | View 990 |
| 2011 | $6.4M | $6.0M | $2.6M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.0M, expenses of $17.9M, and assets of $9.2M (revenue +19.2% year-over-year).
- 2022: Revenue of $15.1M, expenses of $14.8M, and assets of $8.1M (revenue +5.3% year-over-year).
- 2021: Revenue of $14.4M, expenses of $13.3M, and assets of $8.5M (revenue -20.9% year-over-year).
- 2020: Revenue of $18.2M, expenses of $17.6M, and assets of $7.6M (revenue +21.0% year-over-year).
- 2019: Revenue of $15.0M, expenses of $13.8M, and assets of $7.2M (revenue +13.5% year-over-year).
- 2018: Revenue of $13.2M, expenses of $13.5M, and assets of $5.7M (revenue +9.0% year-over-year).
- 2017: Revenue of $12.1M, expenses of $11.8M, and assets of $5.5M (revenue -1.4% year-over-year).
- 2016: Revenue of $12.3M, expenses of $11.2M, and assets of $5.5M (revenue +18.5% year-over-year).
- 2015: Revenue of $10.4M, expenses of $9.8M, and assets of $4.6M (revenue +17.8% year-over-year).
- 2014: Revenue of $8.8M, expenses of $8.8M, and assets of $2.7M (revenue +21.7% year-over-year).
- 2013: Revenue of $7.3M, expenses of $7.1M, and assets of $2.7M (revenue +2.9% year-over-year).
- 2012: Revenue of $7.1M, expenses of $6.7M, and assets of $2.8M (revenue +11.0% year-over-year).
- 2011: Revenue of $6.4M, expenses of $6.0M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The James Beard Foundation Inc:
Data Sources and Methodology
This transparency report for The James Beard 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.