The William Matheus Sullivan Musical Foundation
The William Matheus Sullivan Musical Foundation consistently operates without executive compensation, maintaining strong assets despite recent operational deficits.
EIN: 136069096 · Saint Louis, MO · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $237K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4,403,257 |
| Net Assets | $4.4M |
| Transparency Score | 95/100 |
Is The William Matheus Sullivan Musical Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The William Matheus Sullivan Musical Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The William Matheus Sullivan Musical Foundation
The William Matheus Sullivan Musical Foundation (EIN: 136069096) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code T20. The organization reported total revenue of $3.8M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The William Matheus Sullivan Musical Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The William Matheus Sullivan Musical Foundation is a mid-size nonprofit that has been operating for 68 years, with 11 years of IRS 990 filings on record (2009–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $237K |
| Surplus / Deficit | $-88,198 |
| Total Assets | $4.4M |
| Total Liabilities | $2K |
| Net Assets | $4.4M |
| Operating Margin | -59.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 222.5 months |
Financial Health Grade: B
In 2023, The William Matheus Sullivan Musical Foundation reported a deficit of $88K with expenses exceeding revenue, holds 222.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.0% | -0.6% | +10.0% |
| 2022 | -58.8% | -5.2% | -17.3% |
| 2021 | -46.9% | +3.0% | +10.5% |
| 2020 | +19.5% | -2.0% | +28.1% |
| 2019 | -43.5% | -34.6% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
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 William Matheus Sullivan Musical Foundation with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The William Matheus Sullivan Musical Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly commendable for an organization of its asset size ($4,403,257 in 2023).
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 William Matheus Sullivan Musical Foundation's IRS 990 filings:
- Recent years show expenses exceeding revenue (e.g., $237,467 expenses vs. $149,269 revenue in 2023), indicating reliance on reserves or investment income to cover operational costs.
Strengths
The following positive indicators were identified for The William Matheus Sullivan Musical Foundation:
- Consistent 0% officer compensation across all filings, demonstrating high efficiency and dedication of funds to mission.
- Substantial and growing asset base, reaching $4,403,257 in 2023, providing financial stability.
- Regular and consistent IRS 990 filing history (11 filings), indicating strong transparency and governance.
- Low liabilities relative to assets, suggesting sound financial management (e.g., $1,764 liabilities vs. $4,403,257 assets in 2023).
Frequently Asked Questions about The William Matheus Sullivan Musical Foundation
Is The William Matheus Sullivan Musical Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The William Matheus Sullivan Musical Foundation (EIN: 136069096) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does The William Matheus Sullivan Musical Foundation spend its money?
The William Matheus Sullivan Musical Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The William Matheus Sullivan Musical Foundation tax-deductible?
The William Matheus Sullivan Musical Foundation is registered as a tax-exempt nonprofit (EIN: 136069096). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The William Matheus Sullivan Musical Foundation CEO make?
The William Matheus Sullivan Musical Foundation's highest-compensated officer earns $4,403,257 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does The William Matheus Sullivan Musical Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), The William Matheus Sullivan Musical 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 The William Matheus Sullivan Musical Foundation located?
The William Matheus Sullivan Musical Foundation is headquartered in Saint Louis, Missouri and files with the IRS under EIN 136069096. It is classified under NTEE code T20.
How many years of IRS 990 filings does The William Matheus Sullivan Musical Foundation have?
The William Matheus Sullivan Musical Foundation 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 $3.8M in total revenue.
Is The William Matheus Sullivan Musical Foundation a good charity?
Yes, based on its consistent lack of officer compensation, substantial asset base, and regular IRS filings, it appears to be a well-managed and transparent organization.
How does the foundation manage its expenses when revenue is lower?
The foundation appears to draw from its significant asset base, which stood at $4,403,257 in 2023, to cover expenses when annual revenue falls short, as seen in 2023 where expenses ($237,467) exceeded revenue ($149,269).
What is the trend in the foundation's assets?
The foundation's assets have generally grown over the past decade, from $3,510,831 in 2011 to $4,403,257 in 2023, indicating long-term financial stability.
Filing History
IRS 990 filing history for The William Matheus Sullivan Musical Foundation showing financial trends over 11 years of public records:
Total assets increased by 18.3% over the same period, from $3.7M to $4.4M. Total functional expenses fell by 18.9%, from $293K to $237K. In its most recent filing year (2023), The William Matheus Sullivan Musical Foundation reported a deficit of $88K, with expenses exceeding revenue. The organization holds $2K in liabilities against $4.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $237K | $4.4M | $2K | — | — |
| 2022 | $99K | $239K | $4.0M | $2K | — | View 990 |
| 2021 | $240K | $252K | $4.8M | $2K | — | View 990 |
| 2020 | $451K | $245K | $4.4M | $292 | — | View 990 |
| 2019 | $378K | $250K | $3.4M | $13K | — | View 990 |
| 2015 | $669K | $382K | $4.0M | $8K | — | View 990 |
| 2014 | $544K | $329K | $3.6M | $79 | — | View 990 |
| 2013 | $367K | $321K | $3.4M | $29 | — | View 990 |
| 2012 | $199K | $321K | $3.4M | $25 | — | View 990 |
| 2011 | $151K | $321K | $3.5M | $25 | — | View 990 |
| 2009 | $-145,999 | $293K | $3.7M | $29 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $237K, and assets of $4.4M (revenue +51.0% year-over-year).
- 2022: Revenue of $99K, expenses of $239K, and assets of $4.0M (revenue -58.8% year-over-year).
- 2021: Revenue of $240K, expenses of $252K, and assets of $4.8M (revenue -46.9% year-over-year).
- 2020: Revenue of $451K, expenses of $245K, and assets of $4.4M (revenue +19.5% year-over-year).
- 2019: Revenue of $378K, expenses of $250K, and assets of $3.4M (revenue -43.5% year-over-year).
- 2015: Revenue of $669K, expenses of $382K, and assets of $4.0M (revenue +23.0% year-over-year).
- 2014: Revenue of $544K, expenses of $329K, and assets of $3.6M (revenue +48.2% year-over-year).
- 2013: Revenue of $367K, expenses of $321K, and assets of $3.4M (revenue +84.0% year-over-year).
- 2012: Revenue of $199K, expenses of $321K, and assets of $3.4M (revenue +32.3% year-over-year).
- 2011: Revenue of $151K, expenses of $321K, and assets of $3.5M.
- 2009: Revenue of $-145,999, expenses of $293K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The William Matheus Sullivan Musical Foundation:
Data Sources and Methodology
This transparency report for The William Matheus Sullivan Musical 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.