Myriad USA

Legal name: Myriad USA Inc

Nonprofit profile at a glance

EIN
582277856
IRS 990 coverage
2012–2024
Official website data refreshed
Nov 2026
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
+1 (212) 713-7660
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$200,540,834
Expenses
$175,047,642
Assets
$122,957,865
Liabilities
$42,281,279

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • JEAN PAUL WARMOES (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • JEAN PAUL WARMOES (CHIEF EXECUTIVE OFFICER): $520,533 total reported compensation
  • ELLENA FOTINATOS (CHIEF OPERATING OFFICER): $269,777 total reported compensation
  • SHEENA AGARWAL (CHIEF PARTNERSHIPS OFFICER): $230,815 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Myriad USA facilitates thoughtful, effective giving across borders.

What it reported doing in 2024

Each year, myriad USA organizes an intensive study visit on the art & science of fundraising, to introduce universities and cultural institutions from around the world to successful development strategies. During four days of discussions with some of New York city's most talented fundraising professionals, participants explore creative solutions to broaden their funding.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 80
  • Accountability: 95
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.9%; rating input score 86
  • Program expense ratio: 97.3%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 98.9%; rating input score 99; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.7%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 24.1% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 23.1% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 15.8% per year; rating input score 100; 87th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 85.9% of revenue deployed · 97.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $170.3M in reported program spending
  • Leadership: top reported pay $521K · 19 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $2M reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 21 filed money-flow records
  • Related organizations: 14 filed related-organization links
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.