Mario Batali Foundation FY2020 filing

New York, NYUnknown exempt organizationEIN 26-3748340

To feed, protect, educate and empower children, encouraging them to dream big while providing them with the necessary tools to become an active force for change in today's world

17¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $194K a year · 38077% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
17%
of spending
Concern: 17% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 15.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$321
-54% vs prior year
Spent
$151K
To programs
17%
Net assets
$205K
By yearFY2019–FY2023
Revenue
$321
FY2020▼ -54%
Revenue by fiscal year
FY2019$700
FY2020$321
FY2023$4
Expenses
$151K
FY2020▼ -37%
Expenses by fiscal year
FY2019$238K
FY2020$151K
FY2023Not on file
Net assets
$205K
FY2020▼ -42%
Net assets by fiscal year
FY2019$356K
FY2020$205K
FY2023Not on file

From the FY2020 Form 990 (year ending May 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

17 cents of each dollar spent went to programs.

Program services 17% · $25K Management & general 83% · $126K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Mario Batali Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Feeds, protects, educates, and empowers children to dream big and become agents of change.

Provided by the organization

This section is blank until Mario Batali Foundation claims this page.

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1 program service account for $25K of program spending, described in the organization's own filed words · FY2019.
01

To feed, protect, educate and empower children, encouraging them to dream big while providing them with the necessary tools to become an active force for change in today's world. In an effort to do so, the MBF foundation strives to ensure all children are well read, well fed and well cared for.

$25Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $140K · 2018–2019
Women in Need INCNY · FY2019$25,000
Eb Research Partnership INCNY · FY2018$25,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$321
Ln 12
Investment incomeLn 3$321
Money outPt IX
$151K
Ln 25
Programscol B$25K
Managementcol C$126K
Owns and owesPt X
$205K
net assets · Ln 32
Cash and savingsLn 1–2$198K
Total assetsLn 16$205K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$321
Gains on assetsLn 7$0
Total revenueLn 12$321
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$198K
Cash and savings togetherLn 1–2$198K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$205K
LiabilitiesLn 26$0
Net assetsLn 32$205K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$345K$198K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$356K$205K
LiabilitiesLn 26$0$0
Net assetsLn 32$356K$205K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$25K$25K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$78K$78K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$1K$1K
Payroll taxesLn 10$9K$9K
Management feesLn 11a$0
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$12K$12K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$19K$19K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$151K$25K$126K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $4 990 PDF
FY2022 Not on file
FY2021 Not on file
FY2020 Viewing $321$151K−$151K$205K 990 PDF
FY2019 $700$238K−$238K$356K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $321 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $321$321
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $321$321
Part IX · Statement of functional expenses $151,375 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $25,000$25,000
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $77,885$77,885
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $1,173$1,173
IX-10 Payroll taxesManagement $8,934$8,934
IX-11a Management fees$0
IX-11b Legal feesManagement $2,559$2,559
IX-11c Accounting feesManagement $12,381$12,381
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $19,243$19,243
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $4,200$4,200
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $25,000 · Management $126,375 · Fundraising $0$151,375
Part X · Balance sheet $204,524 assets, 17 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $344,728$197,874
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $10,850$6,650
X-15 Other assets$0
X-16 Total assetsStart of year $355,578$204,524
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $355,578$204,524
X-32 Total net assets or fund balancesStart of year $355,578$204,524
X-33 Total liabilities and net assetsStart of year $355,578$204,524
Part XI · Reconciliation of net assets $204,524 net assets at year end
XI-1 Total revenue$321
XI-2 Total expenses$151,375
XI-3 Revenue less expenses−$151,054
XI-4 Net assets at start of year$355,578
XI-10 Net assets at end of year$204,524

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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