An improved two-stage model of colorimetric characterization for liquid crystal display (LCD) was proposed. The model included an S-shape nonlinear function with four coefficients for each channel to fit the tone reproduction curve (TRC), and a linear transfer matrix with black-level correction. To compare with the simple model (SM), gain-offset-gain (GOG), S-curve and three-one-dimensional look-up tables (3-1D LUTs) models, an identical LCD was characterized and the color differences were calculated and summarized using the set of 7*7*7 digital-to-analog converter (DAC) triplets as test data. The experimental results showed that the model was outperformed in comparison with the GOG and SM ones, and near to that of the S-curve model and 3-1D LUTs method.