EASTMAN MEMORIAL FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- EASTMAN MEMORIAL FOUNDATION (EIN 64-0308406)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2023-12-13
- IRS object ID
- 202313479349100216
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Land Etc Schedule2
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-12-13T09:40:44-08:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 640698198 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOLLOY - SEIDENBURG & CO PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1197 | AddressLine1Txt |
| City | LAUREL | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39441 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640308406 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EASTMAN MEMORIAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EAST | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1108 | AddressLine1Txt |
| City | LAUREL | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39441 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE BASSI | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Signature | 2023-12-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GEORGE | PersonFirstNm |
| Person Last | BASSI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Doug Seidenburg | PreparerPersonNm |
| PTIN | P01243963 | PTIN |
| Phone | 6016492007 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $52,860,696 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,011,096 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $266,279 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $266,279 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $266,279 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $30,417 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $30,417 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $30,417 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $30,417 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $662,558 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,793,525 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $662,558 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $910,199 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $240,267 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $373,673 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,880,549 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,199,521 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $670,369 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $109,064 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $10,900 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $10,900 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $87,264 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $307,680 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $30,770 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $30,770 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $246,140 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $53,681 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,400 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $5,400 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $42,881 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,227 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,450 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $5,450 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $16,327 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $31,193 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,100 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $3,100 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $24,993 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $206,431 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $155,325 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $31,000 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $31,000 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $93,325 | OccupancyDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $12,247 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $12,247 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $932,993 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $170,368 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $697,024 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,835,841 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $86,620 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $256,988 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,220,201 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,835,841 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $86,620 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $256,988 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,220,201 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,044,708 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,112,901 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $413,381 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $35,526 | CashBOYAmt |
| Cash EOY | $134,666 | CashEOYAmt |
| Sav And Temp Cash Invst BOY | $534,266 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $174,713 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $309,379 | SavAndTempCashInvstEOYFMVAmt |
| Inventories BOY | $40,667 | InventoriesBOYAmt |
| Inventories EOY | $47,661 | InventoriesEOYAmt |
| Inventories EOYFMV | $47,661 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $63,647 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $111,813 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $111,813 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $11,044,892 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,803,005 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,682,303 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $16,279 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,279 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,081,367 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,298,042 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,421,385 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,908,399 | LandBOYAmt |
| Land EOY | $3,876,657 | LandEOYAmt |
| Land EOYFMV | $3,876,657 | LandEOYFMVAmt |
| Other Assets BOY | $28,565,841 | OtherAssetsBOYAmt |
| Other Assets EOY | $28,751,516 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $28,751,516 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $44,209,517 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,916,310 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $52,860,696 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $37,360 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $34,534 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $17,405 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $24,905 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $75,091 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $37,541 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $129,856 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $96,980 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $38,781,783 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $39,298,878 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $5,297,878 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $5,520,452 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $44,079,661 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $44,819,330 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $44,209,517 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $44,916,310 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $44,079,661 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,044,708 | ExcessRevenueOverExpensesAmt |
| Subtotal | $45,124,369 | SubtotalAmt |
| Other Decreases | $305,039 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $44,819,330 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | PropertyPropertyDesc |
|---|---|---|---|---|---|---|---|
| P | 2000-01-01 | 2023-05-31 | $2,756,759 | $2,130,967 | $625,792 | $625,792 | |
| $36,766 | Capital Gain Dividends |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $662,558 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 2001-01-01 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOLLOY SEIDENBURG & CO PA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6016492007 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 519 CENTRA AVE | AddressLine1Txt |
| City | LAUREL | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39440 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE BASSI | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1108 | AddressLine1Txt |
| City | LAUREL | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39440 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Director | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $109,064 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OPERATION OF MUSEUM | Description1Txt |
| Expenses1 | $1,220,201 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,380,693 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $85,096 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,465,789 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $19,465,789 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $291,987 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,173,802 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $958,690 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,220,201 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,220,201 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $413,381 | CurrentYearAmt |
| Year1 | $362,615 | Year1Amt |
| Year2 | $297,131 | Year2Amt |
| Year3 | $118,630 | Year3Amt |
| Total | $1,191,757 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $351,374 | CurrentYearAmt |
| Year1 | $308,223 | Year1Amt |
| Year2 | $252,561 | Year2Amt |
| Year3 | $100,836 | Year3Amt |
| Total | $1,012,994 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,220,201 | CurrentYearAmt |
| Year1 | $984,803 | Year1Amt |
| Year2 | $769,108 | Year2Amt |
| Year3 | $773,535 | Year3Amt |
| Total | $3,747,647 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,220,201 | CurrentYearAmt |
| Year1 | $984,803 | Year1Amt |
| Year2 | $769,108 | Year2Amt |
| Year3 | $773,535 | Year3Amt |
| Total | $3,747,647 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $639,127 | CurrentYearAmt |
| Year1 | $608,209 | Year1Amt |
| Year2 | $557,286 | Year2Amt |
| Year3 | $481,523 | Year3Amt |
| Total | $2,286,145 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| Education Programs | $34,375 |
| Membership Dues | $261,305 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $266,279 | ExclusionAmt |
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $30,417 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $662,558 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd |
|---|---|---|---|---|
| Fundraising | $208,679 | |||
| Museum Shop | $75,691 | |||
| Oil Royalties | 15 | $240,846 | ||
| Oil Working Interest | $89,303 | 211110 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $373,673 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,200,100 | ExclusionAmt |
| Related Or Exempt Function Incm | $295,680 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,869,453 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1a | PROVIDE EDUCATIONAL AND VARIOUS OTHER MATERIALS FOR THE GENERAL PUBLIC. |
| 2 | MEMBERSHIP DUES PROVIDE RESOURCES TO PRODUCE A QUARTERLY MUSEUM NEWSLETTER. |
| 3 | FUNDRAISING EVENTS HELD BY THE MUSEUM HELPS NOT ONLY TO PRODUCE FUNDS FOR THE MUSEUM OPERATION, BUT TO ALSO INCREASE THE PUBLIC'S AWARENESS OF THE MUSEUM AND TO PROMOTE IT TO THE COMMUNITY. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (35 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MS BECKY RHINEHART | ||||||
| 1 | PO BOX 822 | WAYNESBORO | MS | 39367 | $5,000 | Yes (X) |
| MR & MRS JOE F SANDERSON | ||||||
| 2 | PO BOX 988 | LAUREL | MS | 39440 | $10,000 | Yes (X) |
| MR MRS GARDINER GREEN | ||||||
| 3 | PO BOX 486 | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| JONES COUNTY | ||||||
| 4 | PO BOX 1468 | LAUREL | MS | 39440 | $9,000 | Yes (X) |
| MR WILLIAM THAMES | ||||||
| 5 | 316 W 7TH STREET | LAUREL | MS | 39440 | $23,600 | Yes (X) |
| MRS FISK HALSTED WALKER | ||||||
| 6 | 926 W 15TH STREET | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| MR ROBERT G HYNSON | ||||||
| 7 | PO BOX 3020 | LAUREL | MS | 39440 | $87,646 | Yes (X) |
| MR MRS WILLIAM CARTER | ||||||
| 8 | PO BOX 6185 | RALEIGH | NC | 27601 | $20,000 | Yes (X) |
| RUTH CAMPBELL FDN | ||||||
| 9 | PO BOX 813 | FRANKLIN | TN | 37027 | $5,000 | Yes (X) |
| CITY OF LAUREL | ||||||
| 10 | 401 N 5TH AVE | LAUREL | MS | 39440 | $9,000 | Yes (X) |
| THE CHISHOLM FDN | ||||||
| 11 | 544 CENTRAL AVE | LAUREL | MS | 39440 | $100,000 | Yes (X) |
| MISSISSIPPI ARTS COMMISSION | ||||||
| 12 | 501 N WEST ST | JACKSON | MS | 39201 | $76,950 | Yes (X) |
| MS DOROTHEA FAIL | ||||||
| 13 | PO BOX 507 | BAY SPRINGS | MS | 39422 | $5,000 | Yes (X) |
| BLUE CROSS BLUE SHIELD OF MISSISSIP | ||||||
| 14 | 3545 LAKELAND DR | FLOWOOD | MS | 39232 | $10,000 | Yes (X) |
| MR MRS LAMPKIN BUTTS | ||||||
| 15 | 8 LAURAWOOD CT | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| COMMUNITY BANK | ||||||
| 16 | 909 N 16TH AVE | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| THE ESSMUELLER COMPANY | ||||||
| 17 | 334 AVE A | LAUREL | MS | 39440 | $15,000 | Yes (X) |
| MR MIKE FOIL | ||||||
| 18 | N STATE ST | JACKSON | MS | 39202 | $36,884 | Yes (X) |
| MR MRS WILLIAM S GRANBERRY JR | ||||||
| 19 | PEBBLE CRK | HATTIESBURG | MS | 39401 | $5,000 | Yes (X) |
| MRS DAYNE HALTOM | ||||||
| 20 | RIDGEWOOD DR | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| HOWARD INDUSTRIES | ||||||
| 21 | 36 HOWARD DRIVE | ELLISVILLE | MS | 39437 | $5,000 | Yes (X) |
| JW BARNETT JR FAMILY FDN | ||||||
| 22 | 18 DOGWOOD TRL | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| EVELYN JEFCOAT | ||||||
| 23 | AUDUBON DRIVE | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| MR MRS BRAD KENT | ||||||
| 24 | 2435 RIDGEWOOD DR | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| MR MRS ALEXANDER C LINDSEY | ||||||
| 25 | CENTRAL AVE | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| MR DAVID E MCNEEL | ||||||
| 26 | 5TH AVE | JACKSON | MS | 39202 | $5,178 | Yes (X) |
| MR MRS RICHARD H MCNEEL | ||||||
| 27 | 5TH AVE | JACKSON | MS | 39202 | $5,000 | Yes (X) |
| NATIONAL ENDOWMENT FOR THE ARTS | ||||||
| 28 | 400 7TH ST SW | WASHINGTON | DC | 20506 | $9,926 | Yes (X) |
| RR RENTALS AND HOTSHOT INC | ||||||
| 29 | 915 MAIN ST | SANDERSVILLE | MS | 39477 | $5,000 | Yes (X) |
| MR MRS CHARLES REEDER | ||||||
| 30 | PO BOX 2097 | LAUREL | MS | 39440 | $10,000 | Yes (X) |
| RUTLEDGE CHARITABLE FOUNDATION | ||||||
| 31 | 800 S OSPREY AVE | SARASOTA | FL | 34236 | $5,000 | Yes (X) |
| DR MRS DAVID L SHEPPARD SR | ||||||
| 32 | 6TH AVE | LAUREL | MS | 39440 | $6,000 | Yes (X) |
| DR MRS HUGH W STANCILL III | ||||||
| 33 | 705 N 5TH AVE | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| MR MRS TIM TILLERY | ||||||
| 34 | 6TH AVE | LAUREL | MS | 39440 | $5,000 | Yes (X) |
| MRS JOHN ZARTMAN | ||||||
| 35 | FOREST HILLS DR | LAUREL | MS | 39440 | $319,641 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $27,227 | Amt |
| Net Investment Income | $5,450 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,450 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $16,327 | DisbursementsCharitablePrpsAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Machinery and Equipment | $707,460 | $637,021 | $70,439 | $3,876,657 |
| Buildings | $4,593,549 | $1,462,157 | $3,131,392 | |
| Improvements | $2,740,517 | $2,094,306 | $646,211 | |
| Land | $22,000 | $22,000 | ||
| Miscellaneous | $234,516 | $227,901 | $6,615 |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $37,541 | MortgageAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ARTS COLLECTION | Desc |
| BOY Book Value | $28,565,841 | BOYBookValueAmt |
| EOY Book Value | $28,751,516 | EOYBookValueAmt |
| EOYFMV | $28,751,516 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DECREASE IN VALUE OF SECURITIES | $255,730 |
| DEPLETION | $49,309 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Conservation | $19,795 | $1,000 | $18,795 |
| Contract Labor | $53,758 | $10,700 | $43,058 |
| Donor/Development Program | $4,795 | $500 | $4,295 |
| Exhibits/Programs | $323,301 | $64,600 | $258,701 |
| Grants/Scholarships | $4,300 | $4,300 | |
| Insurance | $76,833 | $15,500 | $61,333 |
| Maintenance & Repair | $110,006 | $22,000 | $88,006 |
| Marketing Program | $17,668 | $17,668 | |
| Miscellaneous | $5,009 | $1,000 | $4,009 |
| Museum Shop | $38,485 | $7,700 | $30,785 |
| Office Expense | $32,102 | $6,500 | $25,602 |
| oil op exp | $65,601 | ||
| Postage & Shipping | $4,547 | $900 | $3,647 |
| Professional Fees & Memberships | $19,718 | $3,900 | $15,818 |
| Promotional & Fundraising | $107,507 | $10,700 | $96,807 |
| Rogers Green House | $42,403 | $6,300 | $36,103 |
| Supplies | $7,165 | $1,400 | $5,765 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Education Programs | $34,375 | ||
| Fundraising | $208,679 | $208,679 | |
| Membership Dues | $261,305 | ||
| Museum Shop | $75,691 | $75,691 | |
| Oil Royalties | $240,846 | $240,267 | |
| Oil Working Interest | $89,303 | $89,303 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Payroll Tax | CategoryTxt |
| Amt | $31,193 | Amt |
| Net Investment Income | $3,100 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,100 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $24,993 | DisbursementsCharitablePrpsAmt |