The Pierre & Tana Matisse Foundation Inc
Overview
Mission
The Pierre & Tana Matisse Foundation Inc is a nonprofit based in New York, NY. EIN 133838457. FY2024 Form 990-PF reports $10.8M revenue and $10.7M expenses.
What it reported funding in 2024
The foundation reported 113 grants totaling $6,607,552. The stated grant purposes included general support, arts education, and social services, plus 3 other reported purposes.
Operating model
- Revenue model
- Investment-supported. 94% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 76% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
Nonprofit profile at a glance
- EIN
- 133838457
- IRS 990-PF coverage
- 2010–2024
- Forms available
- Form 990-PF 2024, Form 990-T 2024
- Headquarters
- New York, NY, USA
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Standard
The verdict
STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. The filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 61
- Transparency: 100
- Compliance: 98
- Endowment Health: 78
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 69th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 61.5%; rating input score 61; 20th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
- Filing consistency checks: 10; rating input score 100
Endowment Health
- Endowment-health comparison: 29.97; rating input score 78; 78th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 78th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Filing history: 12 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 123 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.