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Nonprofit · EIN 35-7159067

LM FOUNDATION

Also known as MICHAEL L RYAN ET AL TTEE

Tax-exempt · NEW YORK, NY 10024

Financials

$915K$1.3M2023$1.3M$788K2024$1.5M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of LM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,489,597$1,188,011$301,586$17,340,712$0$17,340,712
December 31, 2024990-PF$1,287,895$787,669$500,226$17,039,126$0$17,039,126
December 31, 2023990-PF$914,881$1,314,573-$399,692$16,538,900$0$16,538,900
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$479,582
Net gain from sales of assets
$1,007,806
Other income
$2,209

Expenses

Grants and similar amounts paid
$1,056,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,059,900
Excise tax on investment income
$19,567

Balance sheet and other

Total assets, start of year
$17,039,126
Total assets, end of year
$17,340,712
Total liabilities, end of year
$0
Net assets, end of year
$17,340,712
Fair market value of assets
$22,629,237
Qualifying distributions
$1,059,900
Net investment income
$1,486,899

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL L RYAN
33 WEST 81ST STREET, NEW YORK, NY 10024
TRUSTEE2$0
ELIZABETH JAIME ALTER
265 W 11TH ST, NEW YORK, NY 10014
TRUSTEE2$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
MICHAEL L RYAN
33 WEST 81ST STREET, NEW YORK, NY 10024
TRUSTEE2$0
ELIZABETH JAIME ALTER
265 W 11TH ST, NEW YORK, NY 10014
TRUSTEE2$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MICHAEL L RYAN
33 WEST 81ST STREET, NEW YORK, NY 10024
TRUSTEE2$0
ELIZABETH JAIME ALTER
265 W 11TH ST, NEW YORK, NY 10014
TRUSTEE2$0

Address and contacts

Address (IRS master file)
33 WEST 81ST STREET, NEW YORK, NY 10024-6009
In care of
% MICHAEL L RYAN
Signed the 990-PF
MICHAEL RYAN, TRUSTEE
Phone
(212) 225-2520
Return prepared by
BAKER TILLY ADVISORY GROUP LP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-7159067
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$17,340,712
Income (IRS master file)
$2,287,657

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,489,597$1,188,011$17,340,712IRS
990-PFDecember 2024$1,287,895$787,669$17,039,126IRS
990-PFDecember 2023$914,881$1,314,573$16,538,900XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-7159067).

Questions about LM FOUNDATION

What is the EIN of LM FOUNDATION?
The employer identification number (EIN) of LM FOUNDATION is 35-7159067.
Is LM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to LM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LM FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of LM FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does LM FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,489,597, expenses of $1,188,011 and total assets of $17,340,712 at year end.

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