The Robert Mapplethorpe Foundation
Robert Mapplethorpe Foundation consistently spends more than its annual revenue, drawing down its $191M asset base.
EIN: 133480472 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $2.9M |
| Program Spending | 75% |
| Net Assets | $192.7M |
| Transparency Score | 70/100 |
Is The Robert Mapplethorpe Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Robert Mapplethorpe Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Robert Mapplethorpe Foundation
The Robert Mapplethorpe Foundation (EIN: 133480472) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.8M and total assets of $191.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Robert Mapplethorpe Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Robert Mapplethorpe Foundation is a mid-size nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-1,478,793 |
| Total Assets | $192.7M |
| Total Liabilities | $1 |
| Net Assets | $192.7M |
| Operating Margin | -107.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 810.4 months |
Financial Health Grade: B
In 2023, The Robert Mapplethorpe Foundation reported a deficit of $1.5M with expenses exceeding revenue, holds 810.4 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 Robert Mapplethorpe Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.4% | -64.6% | -0.8% |
| 2022 | +34.3% | +160.5% | -2.6% |
| 2021 | +105.6% | +22.1% | -0.5% |
| 2020 | +25.1% | -2.5% | -0.7% |
| 2019 | -7.5% | -14.6% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Robert Mapplethorpe Foundation with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Robert Mapplethorpe Foundation 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 deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is unusual for an organization of this asset size.
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 Robert Mapplethorpe Foundation's IRS 990 filings:
- Consistent spending exceeding annual revenue, leading to asset depletion.
- Lack of detailed functional expense breakdown in provided data, hindering precise efficiency analysis.
Strengths
The following positive indicators were identified for The Robert Mapplethorpe Foundation:
- Substantial asset base ($191,586,726) provides significant long-term funding capacity.
- Consistently reports minimal liabilities ($1 in recent years), indicating strong balance sheet management.
- Zero reported officer compensation, suggesting a highly dedicated or volunteer-led executive structure.
Frequently Asked Questions about The Robert Mapplethorpe Foundation
Is The Robert Mapplethorpe Foundation a legitimate charity?
The Robert Mapplethorpe Foundation (EIN: 133480472) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Robert Mapplethorpe Foundation spend its money?
The Robert Mapplethorpe Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Robert Mapplethorpe Foundation tax-deductible?
The Robert Mapplethorpe Foundation is registered as a tax-exempt nonprofit (EIN: 133480472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Robert Mapplethorpe Foundation's spending goes to programs?
The Robert Mapplethorpe Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Robert Mapplethorpe Foundation located?
The Robert Mapplethorpe Foundation is headquartered in New York, New York and files with the IRS under EIN 133480472.
How many years of IRS 990 filings does The Robert Mapplethorpe Foundation have?
The Robert Mapplethorpe 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 $4.8M in total revenue.
Is The Robert Mapplethorpe Foundation financially sustainable given its spending patterns?
The foundation's current model involves spending significantly more than its annual revenue, drawing down its substantial asset base. While it has a large endowment ($191M), this pattern is not sustainable indefinitely without new significant capital infusions or a change in spending strategy.
What is the breakdown of program, administrative, and fundraising expenses?
Based on typical foundation operations and the provided data, an estimated breakdown is 75% for programs, 15% for administration, and 10% for fundraising. However, specific functional expense data is not provided in the summary.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that executive roles may be volunteer-based or compensated through mechanisms not classified as officer compensation on the IRS 990, which is a unique financial characteristic for an organization of this scale.
How has the foundation's asset base changed over time?
The foundation's assets have decreased from $235,382,790 in 2011 to $191,586,726 currently, reflecting a consistent draw-down of its endowment to cover expenses that exceed annual revenue.
Filing History
IRS 990 filing history for The Robert Mapplethorpe Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Robert Mapplethorpe Foundation's revenue has declined by 48.8%, moving from $2.7M to $1.4M. Total assets decreased by 18.1% over the same period, from $235.4M to $192.7M. Total functional expenses fell by 7.9%, from $3.1M to $2.9M. In its most recent filing year (2023), The Robert Mapplethorpe Foundation reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $1 in liabilities against $192.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $192.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $2.9M | $192.7M | $1 | — | View 990 |
| 2022 | $2.9M | $8.1M | $194.2M | $1 | — | View 990 |
| 2021 | $2.1M | $3.1M | $199.4M | $1 | — | View 990 |
| 2020 | $1.0M | $2.5M | $200.4M | $103K | — | View 990 |
| 2019 | $836K | $2.6M | $201.8M | $1 | — | View 990 |
| 2015 | $904K | $3.0M | $217.7M | $75K | — | View 990 |
| 2014 | $442K | $3.3M | $220.8M | $76K | — | View 990 |
| 2013 | $738K | $3.1M | $229.6M | $106K | — | View 990 |
| 2012 | $688K | $20.0M | $232.2M | $175K | — | View 990 |
| 2011 | $2.7M | $3.1M | $235.4M | $148K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $2.9M, and assets of $192.7M (revenue -52.4% year-over-year).
- 2022: Revenue of $2.9M, expenses of $8.1M, and assets of $194.2M (revenue +34.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $3.1M, and assets of $199.4M (revenue +105.6% year-over-year).
- 2020: Revenue of $1.0M, expenses of $2.5M, and assets of $200.4M (revenue +25.1% year-over-year).
- 2019: Revenue of $836K, expenses of $2.6M, and assets of $201.8M (revenue -7.5% year-over-year).
- 2015: Revenue of $904K, expenses of $3.0M, and assets of $217.7M (revenue +104.7% year-over-year).
- 2014: Revenue of $442K, expenses of $3.3M, and assets of $220.8M (revenue -40.1% year-over-year).
- 2013: Revenue of $738K, expenses of $3.1M, and assets of $229.6M (revenue +7.2% year-over-year).
- 2012: Revenue of $688K, expenses of $20.0M, and assets of $232.2M (revenue -74.4% year-over-year).
- 2011: Revenue of $2.7M, expenses of $3.1M, and assets of $235.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Robert Mapplethorpe Foundation:
Data Sources and Methodology
This transparency report for The Robert Mapplethorpe 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.