The Lux Foundation Inc
The Lux Foundation Inc consistently maintains low expenses and zero officer compensation amidst fluctuating revenues and growing assets.
EIN: 203979808 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.4M |
| Total Expenses | $288K |
| Program Spending | 90% |
| Net Assets | $8.1M |
| Transparency Score | 92/100 |
Is The Lux Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Lux Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Lux Foundation Inc
The Lux Foundation Inc (EIN: 203979808) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $9.4M and total assets of $12.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lux Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Lux Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $288K |
| Surplus / Deficit | +$1.3M |
| Total Assets | $8.1M |
| Total Liabilities | $1 |
| Net Assets | $8.1M |
| Operating Margin | 81.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 340.0 months |
Financial Health Grade: A
In 2023, The Lux Foundation Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 340.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), The Lux Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.5% | -21.0% | +6.8% |
| 2022 | +209.4% | -81.8% | +29.7% |
| 2021 | +42.7% | +295.3% | +4.9% |
| 2020 | +98.7% | +11.2% | +3.6% |
| 2019 | -71.7% | +65.5% | -1.5% |
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 Lux Foundation Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, The Lux Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 surplus of $1.3M, 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 officers or key employees receive salaries from the organization, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for The Lux Foundation Inc:
- Consistent zero officer compensation, indicating high efficiency in executive pay.
- Low expenses relative to revenue in most years, suggesting strong financial management.
- Steady growth in assets over the past decade, demonstrating financial health and sustainability.
- Minimal liabilities, indicating a low financial risk profile.
- Strong program focus implied by low administrative and fundraising costs relative to overall financial activity.
Frequently Asked Questions about The Lux Foundation Inc
Is The Lux Foundation Inc a legitimate charity?
The Lux Foundation Inc (EIN: 203979808) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $9.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Lux Foundation Inc spend its money?
The Lux Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to The Lux Foundation Inc tax-deductible?
The Lux Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203979808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Lux Foundation Inc's spending goes to programs?
The Lux Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Lux Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Lux Foundation Inc 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 Lux Foundation Inc located?
The Lux Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 203979808. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Lux Foundation Inc have?
The Lux Foundation Inc 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 $9.4M in total revenue.
Is The Lux Foundation Inc a good charity?
Based on its financial data, The Lux Foundation Inc appears to be a very good charity. It consistently reports zero officer compensation, maintains low expenses relative to revenue, and has steadily growing assets, indicating strong financial health and efficient use of funds.
How has The Lux Foundation Inc's revenue trended over time?
The Lux Foundation Inc's revenue has fluctuated significantly, from $128,466 in 2012 to a peak of $3,264,544 in 2022, then $1,551,295 in 2023, demonstrating variability in its funding sources but overall growth.
What is the organization's financial stability?
The organization exhibits strong financial stability, with assets growing from $1,422,682 in 2012 to $8,147,740 in 2023, and liabilities consistently reported as minimal ($0 or $1).
Does The Lux Foundation Inc spend efficiently?
Yes, The Lux Foundation Inc appears to spend very efficiently. In 2023, expenses were $287,549 against $1,551,295 in revenue, indicating a high proportion of funds are retained or directed towards its mission rather than consumed by operational costs.
Filing History
IRS 990 filing history for The Lux Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), The Lux Foundation Inc's revenue has grown by 71.8%, moving from $903K to $1.6M. Total assets increased by 448.5% over the same period, from $1.5M to $8.1M. Total functional expenses fell by 24.9%, from $383K to $288K. In its most recent filing year (2023), The Lux Foundation Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $288K | $8.1M | $1 | — | — |
| 2022 | $3.3M | $364K | $7.6M | $1 | — | View 990 |
| 2021 | $1.1M | $2.0M | $5.9M | $1 | — | View 990 |
| 2020 | $740K | $506K | $5.6M | $1 | — | View 990 |
| 2019 | $372K | $455K | $5.4M | $1 | — | View 990 |
| 2018 | $1.3M | $275K | $5.5M | $0 | — | View 990 |
| 2015 | $2.0M | $336K | $2.4M | $0 | — | View 990 |
| 2014 | $188K | $48K | $1.5M | $0 | — | View 990 |
| 2013 | $154K | $201K | $1.4M | $0 | — | View 990 |
| 2012 | $128K | $191K | $1.4M | $0 | — | View 990 |
| 2011 | $903K | $383K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $288K, and assets of $8.1M (revenue -52.5% year-over-year).
- 2022: Revenue of $3.3M, expenses of $364K, and assets of $7.6M (revenue +209.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $2.0M, and assets of $5.9M (revenue +42.7% year-over-year).
- 2020: Revenue of $740K, expenses of $506K, and assets of $5.6M (revenue +98.7% year-over-year).
- 2019: Revenue of $372K, expenses of $455K, and assets of $5.4M (revenue -71.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $275K, and assets of $5.5M (revenue -35.7% year-over-year).
- 2015: Revenue of $2.0M, expenses of $336K, and assets of $2.4M (revenue +988.4% year-over-year).
- 2014: Revenue of $188K, expenses of $48K, and assets of $1.5M (revenue +22.1% year-over-year).
- 2013: Revenue of $154K, expenses of $201K, and assets of $1.4M (revenue +19.9% year-over-year).
- 2012: Revenue of $128K, expenses of $191K, and assets of $1.4M (revenue -85.8% year-over-year).
- 2011: Revenue of $903K, expenses of $383K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Lux Foundation Inc:
Data Sources and Methodology
This transparency report for The Lux 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.