Skip to content
ProPublica Donate
ProPublica Donate

Michael And Karyn Lutz Family Foundation

  • Northbrook, IL
  • Tax-exempt since May 2012
  • EIN: 27-0935543

Organization summary

Type of Nonprofit

Designated as a 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 Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.17M (2024)

Expenses
$1.1M (2024)

Total Assets
$19.7M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2010 to 2024

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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,170,334
Expenses
$1,098,015
Net Income
$3,072,319
Net Assets
$19,668,955
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15,502
0.4%
Dividends $591,798
14.2%
Sales of Assets $3,560,319
85.4%
Other Income $2,715
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $914,992
83.3%
Compensation of Officers* $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 $19,668,955
Total Liabilities $0
Net Assets $19,668,955
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Co Trustee) $0 $0
Lindsay Dolnick (Co Trustee) $0 $0

Document Links

990-PF
Filed on June 26, 2025

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

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$382,792
Expenses
$1,007,834
Net Income
-$625,042
Net Assets
$16,500,010
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13,128
3.4%
Dividends $499,823
> 100%
Sales of Assets -$135,965
Other Income $5,806
1.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $904,242
89.7%
Compensation of Officers* $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 $16,500,010
Total Liabilities $0
Net Assets $16,500,010
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on May 13, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$702,916
Expenses
$1,084,139
Net Income
-$381,223
Net Assets
$17,124,264
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,595
0.5%
Dividends $498,432
70.9%
Sales of Assets $200,331
28.5%
Other Income $558
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $972,595
89.7%
Compensation of Officers* $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 $17,124,264
Total Liabilities $0
Net Assets $17,124,264
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on May 15, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,987,588
Expenses
$1,301,312
Net Income
$686,276
Net Assets
$17,513,592
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $560
0.0%
Dividends $392,791
19.8%
Sales of Assets $1,594,233
80.2%
Other Income $4
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,138,973
87.5%
Compensation of Officers* $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 $17,536,714
Total Liabilities $23,122
Net Assets $17,513,592
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on May 13, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$601,791
Expenses
$826,445
Net Income
-$224,654
Net Assets
$16,853,014
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,275
0.2%
Dividends $404,957
67.3%
Sales of Assets $195,558
32.5%
Other Income $1
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $691,427
83.7%
Compensation of Officers* $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 $16,875,996
Total Liabilities $22,982
Net Assets $16,853,014
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on Aug. 12, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$753,862
Expenses
$787,183
Net Income
-$33,321
Net Assets
$17,711,457
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,231
0.8%
Dividends $462,888
61.4%
Sales of Assets $284,456
37.7%
Other Income $287
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $639,910
81.3%
Compensation of Officers* $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 $17,711,458
Total Liabilities $1
Net Assets $17,711,457
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on Aug. 24, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,205,315
Expenses
$660,706
Net Income
$544,609
Net Assets
$17,737,293
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,706
0.4%
Dividends $488,700
40.5%
Sales of Assets $712,740
59.1%
Other Income -$831
Notable Expenses Percent of Total Expenses
Charitable Disbursements $500,474
75.7%
Compensation of Officers* $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 $17,737,293
Total Liabilities $0
Net Assets $17,737,293
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 5, 2019

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$867,726
Expenses
$542,802
Net Income
$324,924
Net Assets
$17,002,494
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,862
0.2%
Dividends $428,908
49.4%
Sales of Assets $436,894
50.3%
Other Income $62
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $407,327
75.0%
Compensation of Officers* $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 $17,011,494
Total Liabilities $9,000
Net Assets $17,002,494
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 1, 2018

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

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$534,369
Expenses
$1,176,237
Net Income
-$641,868
Net Assets
$16,215,467
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $957
0.2%
Dividends $386,600
72.3%
Sales of Assets $85,525
16.0%
Other Income $61,287
11.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,040,791
88.5%
Compensation of Officers* $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 $16,215,467
Total Liabilities $0
Net Assets $16,215,467
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 14, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,438,636
Expenses
$2,102,342
Net Income
-$663,706
Net Assets
$16,881,825
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $575
0.0%
Dividends $442,583
30.8%
Sales of Assets $378,722
26.3%
Other Income $616,756
42.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,944,138
92.5%
Compensation of Officers* $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 $16,881,825
Total Liabilities $0
Net Assets $16,881,825
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 9, 2016

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,460,901
Expenses
$1,241,088
Net Income
$219,813
Net Assets
$17,531,318
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $352
0.0%
Dividends $506,948
34.7%
Sales of Assets $953,080
65.2%
Other Income $521
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,064,986
85.8%
Compensation of Officers* $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 $17,531,318
Total Liabilities $0
Net Assets $17,531,318
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Trustee) $0 $0

Document Links

990-PF
Filed on Nov. 16, 2015

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,529,676
Expenses
$1,190,232
Net Income
$339,444
Net Assets
$19,830,164
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $252,411
16.5%
Dividends $265,565
17.4%
Sales of Assets $1,011,700
66.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,048,173
88.1%
Compensation of Officers* $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 $19,830,164
Total Liabilities $0
Net Assets $19,830,164
Compensation
Key Employees and Officers Compensation Other
Karyn Lutz (Director) $0 $0

Document Links

990-PF
Filed on Aug. 18, 2014

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,646,480
Expenses
$1,025,349
Net Income
$621,131
Net Assets
$18,788,828
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $380,962
23.1%
Dividends $369,936
22.5%
Sales of Assets $895,582
54.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $895,100
87.3%
Compensation of Officers* $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 $18,788,828
Total Liabilities $0
Net Assets $18,788,828

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$419,495
Expenses
$954,840
Net Income
-$535,345
Net Assets
$17,804,000
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $343,295
81.8%
Dividends $171,313
40.8%
Sales of Assets $0
Other Income $4,500
1.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $842,043
88.2%
Compensation of Officers* $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 $17,804,000
Total Liabilities $0
Net Assets $17,804,000

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$155,008
Expenses
$386,147
Net Income
-$231,139
Net Assets
$18,654,774
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $69,165
44.6%
Dividends $85,629
55.2%
Sales of Assets $214
0.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $371,850
96.3%
Compensation of Officers* $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 $18,654,774
Total Liabilities $0
Net Assets $18,654,774

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

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

Document Links

990-PF

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

PDF

About This Data

What Is This Data?

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?

Contact Us

About Nonprofit Explorer

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