Charity Search / JOAN SCHECHTMAN FOUNDATION FOR THE ARTS AND SCIENCES INC
Philanthropy & Grantmaking (T20) 990 on File

JOAN SCHECHTMAN FOUNDATION FOR THE ARTS AND SCIENCES INC

EIN: 85-2857189 · PALM BEACH, FL 33480-0000 · United States · FY 2024 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 45/100
Effectiveness (25%) 31/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$194K
Total Revenue
$178K
Total Expenses
$2.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 63.6%
Fundraising Efficiency N/A
Operating Reserve 137.74x
Liability-to-Asset 0.9%
Revenue Diversification 67.4%
Executive Compensation $72K
Compared with Peers
FY 2024
Compared with 16,669 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
63.6% 90.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
137.7 mo 95.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.9% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
67.4% 90.5%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-280.1% 18.5%
P10P90
Expense growth
Year over year expense growth
-30.7% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
8.4% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $194K $178K $2.0M 63.6% —
2023 $-107,784 $257K $2.0M 14.4% —
2022 $-200,424 $181K $2.4M 66.4% —
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Organization Details
EIN
85-2857189
State
FL
City
PALM BEACH
ZIP
33480-0000
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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