Nonprofit · EIN 06-1789292
L M BUTTS FAMILY FOUNDATION
Tax-exempt · NATCHEZ, MS 39120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,242 | $3,900 | $1,342 | $123,535 | $0 | $123,535 |
| December 31, 2023 | 990-PF | $5,523 | $3,350 | $2,173 | $122,193 | $0 | $122,193 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $5,242
Expenses
- Grants and similar amounts paid
- $2,800
Balance sheet and other
- Total assets, start of year
- $122,193
- Total assets, end of year
- $123,535
- Total liabilities, end of year
- $0
- Net assets, end of year
- $123,535
- Fair market value of assets
- $134,286
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lucius M Butts Jr 504 South Commerce, Natchez, MS 39120 | President | 1 | $0 |
| Lucius M Butts III 4026 Blecker, Baton Rouge, LA 70809 | Vice President | 1 | $0 |
| Russell B Butts 517 Duncan Avenue, Natchez, MS 39120 | Secretary | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lucius M Butts Jr 504 South Commerce, Natchez, MS 39120 | President | 1 | $0 |
| Lucius M Butts III 4026 Blecker, Baton Rouge, LA 70809 | Vice President | 1 | $0 |
| Russell B Butts 517 Duncan Avenue, Natchez, MS 39120 | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 504 S COMMERCE ST, NATCHEZ, MS 39120-3508
- In care of
- % LUCIUS M BUTTS JR
- Signed the 990-PF
- LUCIUS M BUTTS JR, President
- Phone
- (604) 445-4449
- Return prepared by
- Griffin and Furman LLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 06-1789292
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $123,535
- Income (IRS master file)
- $5,242
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,242 | $3,900 | $123,535 | IRS |
| 990-PF | December 2023 | $5,523 | $3,350 | $122,193 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 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 06-1789292).
Questions about L M BUTTS FAMILY FOUNDATION
- What is the EIN of L M BUTTS FAMILY FOUNDATION?
- The employer identification number (EIN) of L M BUTTS FAMILY FOUNDATION is 06-1789292.
- Is L M BUTTS FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to L M BUTTS FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does L M BUTTS FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of L M BUTTS FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did L M BUTTS FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of L M BUTTS FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does L M BUTTS FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,242, expenses of $3,900 and total assets of $123,535 at year end.
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