Luesther T Mertz Legacy Trust for the Public Theater

Public charity · Grantmaker Wilmington, DE EIN: 87-6288450

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.

Key facts about Luesther T Mertz Legacy Trust for the Public Theater

EIN
87-6288450
Latest 990 filing
Form 990, 2025
Total assets
$5,134,793

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$5.1M

-8.6% YoY

Revenue

$2K

-72.3% YoY

Net Investment Income

$2K

-72.3% YoY

Expenses

$482K

-95.2% YoY

How Luesther T Mertz Legacy Trust for the Public Theater gives

  • Giving fell 73% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Luesther T Mertz Legacy Trust for the Public Theater

Based on IRS filings

Luesther T Mertz Legacy Trust for the Public Theater is a public charity, based in Wilmington, DE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5.1M in total assets. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

New York

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2021 1 grant2022 0 grants2023 1 grant2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $400K (2024) to $1.5M (2021). In 2024 it made 1 grant totaling $400K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M2$1–5M$5M+

The most common grant size was in the $1–5M range: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M$40M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$5,134,793$5,617,729$15,724,714
Revenue$2,110$7,610$305,499
Expenses$482,085$10,099,294$8,001,974
Net Investment Income$2,110$7,610$21,599

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS December 12, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS October 10, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  5. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Luesther T Mertz Legacy Trust for the Public Theater's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • JTC Trust Company LTD

    Trustee

    New on the 2025 filing

    1 hr/week

    $6K (2025)

  • Teresa Tsai

    Trustee

    Trustees → Trustee, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: First Republic Trust CO Of Delaware L (2021–2024) — Trustees
  • Former: Harold William Low (2021–2024) — Trustees

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

JTC Trust Company (Delaware) Ltd — Trustee: $6KJTC Trust Company…Trustee$6K

The highest reported compensation on the 2025 filing was $6K, to JTC Trust Company (Delaware) Ltd (Trustee).

Frequently asked questions about Luesther T Mertz Legacy Trust for the Public Theater

How large is Luesther T Mertz Legacy Trust for the Public Theater?

Luesther T Mertz Legacy Trust for the Public Theater reported $5.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $2K.

Where does Luesther T Mertz Legacy Trust for the Public Theater operate?

Luesther T Mertz Legacy Trust for the Public Theater has awarded grants in New York.

What is Luesther T Mertz Legacy Trust for the Public Theater's EIN?

Luesther T Mertz Legacy Trust for the Public Theater's EIN (Employer Identification Number) is 87-6288450. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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