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New York · Nonprofit

Stephen Michael Sules Foundation

Stephen Michael Sules Foundation (New York) receives grants from 3 organizations whose IRS filings report $80,899 to it, the largest being THE ELIZABETH M WEBSTER & MARICICH -PAEN FAMILY FOUNDATION ($52,000). 2 of them have funded it in more than one year.

Revenue FY2025
$26k
Funders on record
3
Grants received
$81k
Net assets
$63k
2/3 repeat funderspeak grant-dependency 95%
01What it does

What Stephen Michael Sules Foundation does

Mission

Growth of Aspiring Culinary Artists

As stated on its FY2025 Form 990-EZ.

Program

  1. Growth of aspiring culinary artists

The program described on its FY2025 Form 990-EZ.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($49k) Expenses 100 ($10k) Net assets 100 ($38k)2020 Revenue 138 ($67k) Expenses 468 ($47k) Net assets 152 ($58k)2021 Revenue 27 ($13k) Expenses 80 ($8k) Net assets 165 ($64k)2022 Revenue 22 ($10k) Expenses 89 ($9k) Net assets 169 ($65k)2023 Revenue 32 ($16k) Expenses 83 ($8k) Net assets 189 ($72k)2024 Revenue 24 ($12k) Expenses 164 ($17k) Net assets 176 ($68k)2025 Revenue 53 ($26k) Expenses 307 ($31k) Net assets 163 ($63k)
2019202020212022202320242025
Revenue (53)Expenses (307)Net assets (163)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $38k to $58k (+52%).

$38k
$58k
$64k
$65k
$72k
$68k
$63k
2019202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of Stephen Michael Sules Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$38k
’19
$20k
’20
$5k
’21
$2k
’22
$7k
’23
−$5k
’24
−$5k
’25
03Who funds it

Who funds it, year by year

2019 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $5k → $10k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Stephen Michael Sules Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Stephen Michael Sules Foundation leans on a few funders — its largest provides 64% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Stephen Michael Sules Foundation.

64%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 80% · 2020 76% · 2021 80% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Stephen Michael Sules Foundation draws 94% of its grant income from funders outside New York, across 2 states in all.

ID
NY

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Stephen Michael Sules Foundation's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−19% · bottom quartile
Revenue growth (annualized)−10% · below the median

this organization peer median middle 50% of peers· 10,242 arts & culture nonprofits under $100k, FY2025

Organizations like Stephen Michael Sules Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Stephen Michael Sules Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Stephen Michael Sules Foundation?
Stephen Michael Sules Foundation (New York) receives grants from 3 organizations whose IRS filings report $80,899 to it, the largest being THE ELIZABETH M WEBSTER & MARICICH -PAEN FAMILY FOUNDATION ($52,000). 2 of them have funded it in more than one year.
How many funders does Stephen Michael Sules Foundation have?
IRS filings report 3 organizations giving $80,899 in grants to Stephen Michael Sules Foundation, 2 of which have funded it in more than one year.
Who is the largest funder of Stephen Michael Sules Foundation?
THE ELIZABETH M WEBSTER & MARICICH -PAEN FAMILY FOUNDATION is the largest funder on record, with $52,000 in grants. The full list of funders is on this page.
How can an organization like Stephen Michael Sules Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Stephen Michael Sules →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing