Michelson 20mm Foundation Inc is a 501(c)(3) organization based in Los Angeles, California, registered in 2012, with $4,477,890 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.5M
▲ 29.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4.9M
Net assets
$3.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michelson 20mm Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michelson 20mm Foundation Inc: 8 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michelson 20mm Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michelson 20mm Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $30K (FY2013) to $4.5M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-9.1%
Spent more than it raised in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$982K
Net assets
$3.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,477,890▲29.2% | $4,884,094▲26.7% | $3,442,407▼18.7% | $4,424,534▼9.3% | 990PF |
| 2023 | $3,467,142▲7.4% | $3,855,726▲54.4% | $4,234,870▲5.4% | $4,879,691▲11.5% | 990PF |
| 2022 | $3,228,591▲70.9% | $2,496,495▲21.8% | $4,017,923▲28.4% | $4,374,656▲33.2% | 990PF |
| 2021 | $1,888,959▲0.8% | $2,050,429▲9.6% | $3,129,861▼4.9% | $3,283,812▼1.9% | 990PF |
| 2020 | $1,873,459▲0.2% | $1,870,508▲2.4% | $3,291,331▲0.1% | $3,348,092▲0.9% | 990PF |
| 2019 | $1,869,480▲14.2% | $1,826,099▲74.8% | $3,288,380▲1.3% | $3,316,610▲1.2% | 990PF |
| 2018 | $1,636,588▼49.9% | $1,044,424▲20.9% | $3,244,999▲23.8% | $3,275,746▲23.2% | 990PF |
| 2017 | $3,264,583▲336% | $863,966▲20.3% | $2,620,423▲1092% | $2,658,886▲806% | 990PF |
| 2016 | $748,263▼87.0% | $718,159▼43.6% | $219,806▲3.3% | $293,635▲12.2% | 990PF |
| 2014 | $5,745,948▲19004% | $1,272,480▲12.8% | $212,788▲105% | $261,653▼36.2% | 990PF |
| 2013 | $30,077 | $1,127,941▲10.9% | -$4,260,756▼34.7% | $410,172▼15.8% | 990PF |
| 2012 | — | $1,016,895 | -$3,162,892 | $487,358 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to Michelson 20mm Foundation Inc totaling $420K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ecmc Foundation | General support | 2024 | $105,000 |
| Greater Horizons | Public, societal benefit | 2024 | $20,000 |
| Silicon Valley Community Foundation | General nonprofit support | 2023 | $25,000 |
| Silicon Valley Community Foundation | General nonprofit support | 2022 | $50,000 |
| California Community Foundation | Education | 2022 | $50,000 |
| Ecmc Foundation | General support | 2022 | $20,000 |
| California Community Foundation | Economic opportunity | 2021 | $100,000 |
| San Francisco Foundation | Program - to support the digital equity workgroup pooled fund. | 2021 | $50,000 |
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Data for Michelson 20mm Foundation Inc (EIN 27-2898736) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.