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The Murthynayak Foundation INC EIN 80-0016494

The Murthynayak Foundation INC

EIN  80-0016494 Private foundation / grantmaker Baltimore, MD
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Size
$1–10M
What they do
A private foundation based in Baltimore, MD. It reported about $1.1M in revenue for 2025.
Leadership
Sheela Murthy · President
Money in and out
$1.1M revenue, $219K expenses
Bottom line
—

A private foundation based in Baltimore, MD. It reported about $1.1M in revenue for 2025. For fiscal year 2025 it reported $1.1M in revenue, $219K in expenses, and $7.8M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$219K
Pt IX · Ln 25
Net assets
$7.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $888K
Total assets
7.8M
deployed as grants and operations
Grants paid
216K
in FY2025
Grants made
9grants
total in period
Payout rate
3%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 9 grants · $216K · 2025–2025
Maryland Institute College of ArtFY2025$51,000
Aperture FoundationFY2025$50,000
American Immigration CouncilFY2025$50,000
International Center of PhotographyFY2025$32,500
United Way of Central MarylandFY2025$10,000
Radius BooksFY2025$10,000
Community College of Baltimore CountyFY2025$6,000
Kennedy Krieger InstituteFY2025$5,000
American Civil Liberties UnionFY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$24K
Median grantPart XV$10K
Largest grantPart XV$51K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$1.1M
FY2025▲ +389%
Expenses
$219K
FY2025▼ -18%
Total assets
$7.8M
FY2025▲ +12%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$219K
Pt IX · Ln 25
Net assets
$7.8M
Pt X · Ln 32
Total assetsPt II$7.8M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Murthynayak Foundation INC
EINHdr · item D80-0016494
Principal addressHdr · item CBaltimore, MD
WebsiteHdr · item Jmurthynayak.org
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFMay 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Sheela Murthy
President
$0Pt VII · Sec A
Vasant Nayak
Vice President
$0Pt VII · Sec A
Shay Taylor
Secretary
$0Pt VII · Sec A
Vijay Nayak
Treasurer
$0Pt VII · Sec A
See The Murthynayak Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$850K · 77%
Investment income$256K · 23%
Contributions & grants77%$850K
Investment income23%$256K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.99 Operating & administrative $0.01
Grants & contributions paid99%$216K
Operating & administrative1%$3K
Total functional expensesLn 25$219K

Balance Sheet

Part X · end of year
CashLn 1$2.0M
Total assetsLn 16$7.8M
Total liabilitiesLn 26$0
Total net assetsLn 32$7.8M
Months of cash on handcomputed110.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $7.8M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $1.1M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $226K
+389%
Revenue CAGR
FY2020 $164K · FY2025 $1.1M
+47%
Net-asset trend (YoY)
End of year $7.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $219K
+80%
Liabilities-to-Assets
Total liabilities — · Total assets $7.8M
—
Net-asset ratio
Net assets $7.8M · Total assets $7.8M
100%
People & payroll
Highest Reported Total Compensation
Individual Sheela Murthy · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $219K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 389%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$226K revenue · ⤓ 990 PDF
FY2023$232K revenue · ⤓ 990 PDF
FY2022$701K revenue · ⤓ 990 PDF
FY2021$768K revenue · ⤓ 990 PDF
FY2020$164K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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