LUESTHER T MERTZ LEGACY TRUST FOR … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

CAROL TINOSR TRUST OFFIC

Phone

3027982160

Tax Period

2025-01-01 to 2025-12-31

LUESTHER T MERTZ LEGACY TRUST FOR THE PUBLIC THEATER, founded in 2021, is a micro nonprofit that reported $2K in total revenue in fiscal year 2025. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $482K exceeded revenue, resulting in a 22748% operating deficit.

Mission

THE ORGANIZATION IS A DELAWARE CHARITABLE TRUST OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATION, THE PUBLIC THEATER, A NEW YORK NOT-FOR-PROFIT CORPORATION RECOGNIZED AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE CODE.

Program Service Accomplishments

Program 1

CONTRIBUTIONS WILL BE PAID TO THE SUPPORTED ORGANIZATION NAMED IN THE TRUST'S GOVERNING INSTRUMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2,110

Other Revenue $0

TOTAL REVENUE $2,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $482,085

TOTAL EXPENSES $482,085

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,110	$7,610	-0.7%
Expenses	$482,085	$10,099,294	-1.0%
Net Income	$-479,975	$-10,091,684	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	1.00		$6,333	$0	$6,333
TERESA TSAI	TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,110	$482,085	$5,134,793	$-479,975
2024	$7,610	$10,099,294	$5,617,729	$-10,091,684
2023	$305,499	$8,001,974	$15,724,714	$-7,696,475
2022	$7,695	$8,528,354	$23,449,910	$-8,520,659
2021	$33,604,678	$1,610,000	$31,994,678	$31,994,678

LUESTHER T MERTZ LEGACY TRUST FOR THE PUBLIC THEATER