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Nonprofit · EIN 20-2068416

MASTERS CRAFT FOUNDATION INC

Tax-exempt · WEST PLAINS, MO 65775

Financials

$116K$110K2023$105K$163K2024
Revenue Expenses · by fiscal year end
Financials of MASTERS CRAFT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$104,699$162,868-$58,169$1,061,893$0$1,061,893
December 31, 2023990-PF$115,896$110,360$5,536$1,120,062$0$1,120,062
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$47,549
Dividends
$24,789
Interest
$166
Net gain from sales of assets
$32,195

Expenses

Grants and similar amounts paid
$146,694
Disbursements for charitable purposes
$146,754
Excise tax on investment income
$588

Balance sheet and other

Total assets, start of year
$1,120,062
Total assets, end of year
$1,061,893
Total liabilities, end of year
$0
Net assets, end of year
$1,061,893
Fair market value of assets
$1,315,614
Qualifying distributions
$146,754
Net investment income
$57,150

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.

NameTitleHours / weekCompensation
CLYDE ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTORPRESIDENT0$0
PATRICIA ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTORSECRETARY0$0
RACHEL COBB
7366 COUNTY ROAD 8700, WEST PLAINS, MO 65775
DIRECTOR0$0
NATHANAEL ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTOR0$0
MARTHA DENNISON
6701 COUNTY ROAD 8200, WEST PLAINS, MO 65775
DIRECTOR0$0
DANIEL ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
CLYDE ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTORPRESIDENT0$0
PATRICIA ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTORSECRETARY0$0
RACHEL COBB
7366 COUNTY ROAD 8700, WEST PLAINS, MO 65775
DIRECTOR0$0
NATHANAEL ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTOR0$0
MARTHA DENNISON
6701 COUNTY ROAD 8200, WEST PLAINS, MO 65775
DIRECTOR0$0
DANIEL ELBRECHT
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775
DIRECTOR0$0

Address and contacts

Address (IRS master file)
7067 COUNTY ROAD 8780, WEST PLAINS, MO 65775-4541
In care of
% CLYDE ELBRECHT
Signed the 990-PF
CLYDE ELBRECHT, PRESIDENT
Return prepared by
Hawkins Yarber and Chambers CPAs

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-2068416
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
Assets (IRS master file)
$1,061,893
Income (IRS master file)
$383,596

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$104,699$162,868$1,061,893IRS
990-PFDecember 2023$115,896$110,360$1,120,062XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 20-2068416).

Questions about MASTERS CRAFT FOUNDATION INC

What is the EIN of MASTERS CRAFT FOUNDATION INC?
The employer identification number (EIN) of MASTERS CRAFT FOUNDATION INC is 20-2068416.
Is MASTERS CRAFT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to MASTERS CRAFT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MASTERS CRAFT FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MASTERS CRAFT FOUNDATION INC 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 MASTERS CRAFT FOUNDATION INC 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 MASTERS CRAFT FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does MASTERS CRAFT FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $104,699, expenses of $162,868 and total assets of $1,061,893 at year end.

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