Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2001.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
4 people listed on the 990; $119K paid to officers and key staff.
Nadine Epstein’s $125K as President and CEO is at the 49th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Nadine Epstein | $125,000 | $118,667 | $106,000 | $106,000 | $94,992 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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 15aNo
- Loans to or from officersSch L · Pt II1 listed
Programs and updates
Funds innovative education, research, arts, and programming for positive cultural change.
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To encourage and fund innovative education, research, arts and programming that will lead to positive cultural change.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $491K | $270K |
| Total assetsLn 16 | $1.1M | $883K |
| LiabilitiesLn 26 | $574K | $474K |
| Net assetsLn 32 | $498K | $409K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $119K | $101K | $12K | $6K |
| Other salaries and wagesLn 7 | $733K | $612K | $73K | $48K |
| Other employee benefitsLn 9 | $11K | $10K | $1K | $574 |
| Payroll taxesLn 10 | $38K | $33K | $4K | $2K |
| Accounting feesLn 11c | $800 | $0 | $800 | $0 |
| Other fees for servicesLn 11g | $304K | $304K | $0 | $0 |
| Advertising and promotionLn 12 | $32K | $27K | $3K | $2K |
| Office expensesLn 13 | $176K | $149K | $18K | $9K |
| Information technologyLn 14 | $5K | $4K | $457 | $229 |
| OccupancyLn 16 | $51K | $43K | $4K | $4K |
| TravelLn 17 | $43K | $36K | $4K | $2K |
| InterestLn 20 | $12K | $0 | $12K | $0 |
| InsuranceLn 23 | $5K | $4K | $515 | $257 |
| Other expenses (24a–d)Ln 24 | $149K | $138K | $11K | $0 |
| Total functional expensesLn 25 | $1.7M | $1.5M | $143K | $73K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $1.7M | $1.5M | $201K | $610K | 990 PDF |
| FY2023 Viewing | $1.6M | $1.7M | −$89K | $409K | 990 PDF |
| FY2022 | $1.2M | $1.2M | −$39K | $498K | 990 PDF |
| FY2021 | $1.3M | $1.1M | $172K | $537K | 990 PDF |
| FY2020 | $1.0M | $1.0M | −$31K | $364K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,587,884 across 7 lines filed
Part IX · Statement of functional expenses $1,676,713 across 14 lines filed
Part X · Balance sheet $882,770 assets, 12 lines filed
Part XI · Reconciliation of net assets $409,061 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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