Lucille Lortel Foundation Inc

New York, NY
Tax-exempt since April 2005
EIN: 13-3036521

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$1.59M (2023)

Expenses

$10.1M (2023)

Total Assets

$13.8M (2023)

Total Liabilities

$0 (2023)

Years with missing data

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Revenue

$1,585,040

Expenses

$10,119,355

Net Income

-$8,534,315

Net Assets

$13,775,129

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$132,480	8.4%
Dividends	$310,473	19.6%
Sales of Assets	$1,142,087	72.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$9,805,852	96.9%
Compensation of Officers*	$151,594	1.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,775,129
Total Liabilities	$0
Net Assets	$13,775,129

Compensation

Key Employees and Officers	Compensation	Other
George Forbes (Vp/Exec Dir)	$151,594	$32,613
Michael Hecht (President)	$0	$0
Matthew Clarke (Treasurer/Direc)	$0	$0
Ira Gilbert (Vp/Secret/Direc)	$0	$0

+ View more people

990-PF

Filed on May 16, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2022

Revenue

$6,627,899

Expenses

$2,798,788

Net Income

$3,829,111

Net Assets

$22,309,444

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100	0.0%
Interest Revenue	$0
Dividends	$401,089	6.1%
Sales of Assets	$6,226,708	93.9%
Other Income	$2	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,526,435	90.3%
Compensation of Officers*	$137,597	4.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,312,648
Total Liabilities	$3,204
Net Assets	$22,309,444

Compensation

Key Employees and Officers	Compensation	Other
George Forbes (Vp / Executive Director)	$137,597	$28,639
Michael Hecht (President / Board Chairman)	$0	$0
Matthew Clarke (Treasurer / Director)	$0	$0
Ira Gilbert (Secretary / Director)	$0	$0

+ View more people

990-PF

Filed on May 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$2,358,805

Expenses

$2,327,384

Net Income

$31,421

Net Assets

$18,480,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$494,988	21.0%
Sales of Assets	$1,816,716	77.0%
Other Income	$47,101	2.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,034,207	87.4%
Compensation of Officers*	$129,882	5.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$18,490,464
Total Liabilities	$10,131
Net Assets	$18,480,333

Compensation

Key Employees and Officers	Compensation	Other
George Forbes (Vp / Executive Director)	$122,382	$25,845
Matthew Clarke (Treasurer / Director)	$7,500	$0
Michael Hecht (President / Board Chairman)	$0	$0
Ira Gilbert (Secretary / Director)	$0	$0

+ View more people

990-PF

Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2020

Revenue

$504,654

Expenses

$1,872,270

Net Income

-$1,367,616

Net Assets

$18,449,926

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$597,918	> 100%
Sales of Assets	$0
Other Income	$9,320	1.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,554,310	83.0%
Compensation of Officers*	$129,702	6.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$18,450,309
Total Liabilities	$383
Net Assets	$18,449,926

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Revenue

$942,282

Expenses

$2,127,336

Net Income

-$1,185,054

Net Assets

$19,817,542

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$568,304	60.3%
Sales of Assets	$373,861	39.7%
Other Income	$117	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,739,842	81.8%
Compensation of Officers*	$126,282	5.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,826,753
Total Liabilities	$9,211
Net Assets	$19,817,542

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Revenue

$1,282,329

Expenses

$1,831,547

Net Income

-$549,218

Net Assets

$11,967,315

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$637,421	49.7%
Sales of Assets	$593,337	46.3%
Other Income	$51,571	4.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,517,852	82.9%
Compensation of Officers*	$119,544	6.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$21,938,758
Total Liabilities	$9,971,443
Net Assets	$11,967,315

Compensation

Key Employees and Officers	Compensation	Other
George Forbes (Vp / Executive Director)	$109,544	$16,310
Matthew Clarke (Vp / Director)	$10,000	$0
Michael Hecht (President / Board Chairman)	$0	$0
Richard M Ticktin (Secretary / Director)	$0	$0

+ View more people

990-PF

Filed on May 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2016

Revenue

$1,145,244

Expenses

$2,144,041

Net Income

-$998,797

Net Assets

$22,480,386

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$617,218	53.9%
Sales of Assets	$574,905	50.2%
Other Income	-$46,879

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,823,916	85.1%
Compensation of Officers*	$115,930	5.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,487,631
Total Liabilities	$7,245
Net Assets	$22,480,386

Compensation

Key Employees and Officers	Compensation	Other
George Forbes (Vice Pres / Executive Director)	$108,430	$15,796
Matthew Clarke (Director)	$7,500	$0
Michael Hecht (President/Board Chairman)	$0	$0
Richard M Ticktin (Secretary/Director)	$0	$0

+ View more people

990-PF

Filed on Dec. 19, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending June
2015

Revenue

$1,095,434

Expenses

$1,431,068

Net Income

-$335,634

Net Assets

$23,479,183

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$615,809	56.2%
Sales of Assets	$419,606	38.3%
Other Income	$60,019	5.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,123,520	78.5%
Compensation of Officers*	$103,256	7.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,486,169
Total Liabilities	$6,986
Net Assets	$23,479,183

Compensation

Key Employees and Officers	Compensation	Other
George Forbes (Vice Pres / Executive Director)	$103,256	$15,374
Michael Hecht (Treasurer/Director)	$0	$0
James J Ross (President/Director)	$0	$0
Richard M Ticktin (Secretary/Director)	$0	$0
Matthew Clarke (Director)	$0	$0

+ View more people

990-PF

Filed on May 11, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2014

Revenue

$1,177,757

Expenses

$1,285,465

Net Income

-$107,708

Net Assets

$23,972,573

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$778,065	66.1%
Sales of Assets	$398,484	33.8%
Other Income	$1,208	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,008,634	78.5%
Compensation of Officers*	$100,207	7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,978,566
Total Liabilities	$5,993
Net Assets	$23,972,573

Compensation

Key Employees and Officers	Compensation	Other
George Forbes (Vice Pres / Executive Director)	$100,207	$15,478
Michael Hecht (Treasurer/Director)	$0	$0
James J Ross (President/Director)	$0	$0
Richard M Ticktin (Secretary/Director)	$0	$0
Matthew Clarke (Director)	$0	$0

+ View more people

990-PF

Filed on May 11, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2013

Revenue

$944,880

Expenses

$1,346,256

Net Income

-$401,376

Net Assets

$24,080,281

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$781,272	82.7%
Sales of Assets	$157,222	16.6%
Other Income	$6,386	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,051,588	78.1%
Compensation of Officers*	$68,822	5.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,085,722
Total Liabilities	$5,441
Net Assets	$24,080,281

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$1,382,001

Expenses

$1,223,351

Net Income

$158,650

Net Assets

$24,481,657

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.0%
Dividends	$783,432	56.7%
Sales of Assets	$598,338	43.3%
Other Income	$224	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$906,779	74.1%
Compensation of Officers*	$84,247	6.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,487,170
Total Liabilities	$5,513
Net Assets	$24,481,657

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$676,269

Expenses

$1,176,712

Net Income

-$500,443

Net Assets

$24,323,013

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.0%
Dividends	$787,875	> 100%
Sales of Assets	$0
Other Income	$77	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$900,265	76.5%
Compensation of Officers*	$94,225	8.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,328,163
Total Liabilities	$5,150
Net Assets	$24,323,013

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated June 30, 2025

Lucille Lortel Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.59M (2023)

Expenses $10.1M (2023)

Total Assets $13.8M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$1.59M (2023)

Expenses

$10.1M (2023)

Total Assets

$13.8M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001