What is the EIN of READING MUSICAL FOUNDATION?

The employer identification number (EIN) of READING MUSICAL FOUNDATION is 23-1472487.

Is READING MUSICAL FOUNDATION tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.

Are donations to READING MUSICAL FOUNDATION tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

When is the next return of READING MUSICAL FOUNDATION due?

The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did READING MUSICAL FOUNDATION last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended June 2025.

Who is the principal officer of READING MUSICAL FOUNDATION?

The 990 for the year ended June 30, 2025 names KERI SHULTZ.

Who are the officers and directors of READING MUSICAL FOUNDATION?

The 990 for the year ended June 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $89,543 (KERI M SHULTZ, PRESIDENT).

How much revenue does READING MUSICAL FOUNDATION have?

On its 990 for the year ended June 30, 2025 it reported revenue of $1,519,550, expenses of $1,133,643 and total assets of $23,631,866 at year end.

Nonprofit · EIN 23-1472487

READING MUSICAL FOUNDATION

Tax-exempt · READING, PA 19601

Financials

Revenue Expenses · by fiscal year end

Financials of READING MUSICAL FOUNDATION by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
June 30, 2025	990	$1,519,550	$1,133,643	$385,907	$23,631,866	$416,849	$23,215,017
June 30, 2024	990	$1,523,675	$1,231,547	$292,128	$21,639,152	$421,423	$21,217,729
June 30, 2023	990	$1,734,772	$1,083,790	$650,982	$19,546,330	$403,590	$19,142,740

Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants: $799,161
of which government grants: $13,000
Program service revenue: $800
Investment income: $713,652
Net gain from sales of assets: $26,400
Net income from fundraising events: $5,937
Other revenue: $5,937

Expenses

Grants and similar amounts paid: $725,784
Compensation of officers, directors and key employees: $91,068
Other salaries and wages: $124,486
Salaries, compensation and benefits (total): $233,972
Professional fundraising fees: $0
Accounting fees: $20,045
Occupancy: $19,233
Depreciation: $711
Program services (functional): $944,747
Management and general (functional): $118,350
Fundraising (functional): $70,546

Balance sheet and other

Total assets, start of year: $21,639,152
Total assets, end of year: $23,631,866
Total liabilities, end of year: $416,849
Net assets, end of year: $23,215,017
Land, buildings and equipment: $4,253
Publicly traded securities: $18,689,490
Net assets without donor restrictions: $12,334,519
Net assets with donor restrictions: $10,880,498
Gross receipts: $1,766,570
Employees: 4
Volunteers: 25
Year formed: 1927
State of legal domicile: PA

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 for the year ended June 30, 2025, highest compensation first.

Name	Title	Hours / week	Compensation	Other / benefits
KERI M SHULTZ	PRESIDENT Officer	40	$89,543	$28,275
PAUL G OXHOLM	CHAIR Trustee or director, Officer	2	$0	$0
FRAN POST	VICE CHAIR OF DEVELOPMENT Trustee or director, Officer	2	$0	$0
MARTHA AYNARDI	VICE CHAIR OF FINANCE Trustee or director, Officer	2	$0	$0
SRIVIDYA RAMANATHAN	VICE CHAIR OF PROGRAMS Trustee or director, Officer	2	$0	$0
STEPHANIE KOCHER	TREASURER Trustee or director, Officer	1	$0	$0
TIM HAYNES	ASSISTANT TREASURER Trustee or director, Officer	1	$0	$0
SANDY KERN	SECRETARY Trustee or director, Officer	2	$0	$0
TIM SIMMONS	TRUSTEE Trustee or director	1	$0	$0
MICHAEL ANDERSON	TRUSTEE Trustee or director	1	$0	$0
KENT GUTZLER	TRUSTEE Trustee or director	1	$0	$0
KIM WEBSTER	TRUSTEE Trustee or director	1	$0	$0
VIRGINIA DODGE	TRUSTEE Trustee or director	1	$0	$0
LEWIS FREEMAN	TRUSTEE Trustee or director	1	$0	$0
RICK TOMLINSON	TRUSTEE Trustee or director	1	$0	$0

4 more people on this return

Name	Title	Hours / week	Compensation
WANDA CRESPO	TRUSTEE Trustee or director	1	$0
MIKE D'ERRICO	TRUSTEE Trustee or director	1	$0
JOHN ERNESTO	TRUSTEE Trustee or director	1	$0
DEBRA MICKA	TRUSTEE Trustee or director	1	$0

990 for the year ended June 30, 2024: 17 people

Name	Title	Hours / week	Compensation	Other / benefits
KERI M SHULTZ	PRESIDENT Officer	40	$84,293	$26,744
PAUL G OXHOLM	CHAIR Trustee or director, Officer	2	$0	$0
FRAN POST	VICE CHAIR OF DEVELOPMENT Trustee or director, Officer	2	$0	$0
MARTHA AYNARDI	VICE CHAIR OF FINANCE Trustee or director, Officer	2	$0	$0
SRIVIDYA RAMANATHAN	VICE CHAIR OF PROGRAMS Trustee or director, Officer	2	$0	$0
TIMOTHY SIMMONS	TREASURER Trustee or director, Officer	2	$0	$0
TIM HAYNES	ASSISTANT TREASURER Trustee or director, Officer	1	$0	$0
SANDY KERN	SECRETARY Trustee or director, Officer	2	$0	$0
DAVID L KLINE	ASSISTANT SECRETARY Trustee or director	1	$0	$0
VIRGINIA DODGE	TRUSTEE Trustee or director	1	$0	$0
LEWIS FREEMAN	TRUSTEE Trustee or director	1	$0	$0
RICK TOMLINSON BEG 1123	TRUSTEE Trustee or director	1	$0	$0
MICHAEL ANDERSON	TRUSTEE Trustee or director	1	$0	$0
KENT GUTZLER	TRUSTEE Trustee or director	1	$0	$0
KIM WEBSTER	TRUSTEE Trustee or director	1	$0	$0
JAMIE THOMPSON	TRUSTEE Trustee or director	1	$0	$0
STEPHANIE KOCHER	TRUSTEE Trustee or director	1	$0	$0

990 for the year ended June 30, 2023: 18 people

Name	Title	Hours / week	Compensation	Other / benefits
KERI M SHULTZ	PRESIDENT Officer	40	$83,407	$22,287
PAUL G OXHOLM	CHAIR Trustee or director, Officer	2	$0	$0
VIRGINIA DODGE	VICE CHAIR OF DEVELOPMENT Trustee or director, Officer	1	$0	$0
DAVID L KLINE	VICE CHAIR OF DEVELOPMENT Trustee or director, Officer	1	$0	$0
LEWIS FREEMAN	VICE CHAIR OF FINANCE Trustee or director, Officer	2	$0	$0
MARTHA AYNARDI	VICE CHAIR OF PROGRAMS Trustee or director, Officer	1	$0	$0
SRIVIDYA RAMANATHAN	VICE CHAIR OF PROGRAMS Trustee or director, Officer	1	$0	$0
TIMOTHY SIMMONS	TREASURER Trustee or director, Officer	2	$0	$0
TIM HAYNES	ASSISTANT TREASURER Trustee or director	1	$0	$0
SANDY KERN	SECRETARY Trustee or director, Officer	2	$0	$0
JAYNE R SCHAEFFER CPA	IMMEDIATE PAST CHAIR Trustee or director, Officer	1	$0	$0
FRAN POST	TRUSTEE Trustee or director	1	$0	$0
MICHAEL ANDERSON	TRUSTEE Trustee or director	1	$0	$0
KENT GUTZLER	TRUSTEE Trustee or director	1	$0	$0
TAHJ MORALES	TRUSTEE Trustee or director	1	$0	$0
KIM WEBSTER	TRUSTEE Trustee or director	1	$0	$0
JAMIE THOMPSON	TRUSTEE Trustee or director	1	$0	$0
STEPHANIE KOCHER	TRUSTEE Trustee or director	1	$0	$0

Address and contacts

Address (IRS master file): 201 WASHINGTON STREET, READING, PA 19601-4009
Mailing address (990-N for 2008): 204 Olive St, West Reading PA 196111106
Principal officer (990 for 2024): KERI SHULTZ, P O BOX 14835, READING, PA 19612
Principal officer (990-N for 2008): Claire Flemming, 803 Hollnad sq, Wyomissing PA 196103008
Signed the 990: STEPHANIE KOCHER, TREASURER
Phone: (610) 376-3395
Website: http://www.readingphilharmonic.com/
Return prepared by: RKL LLP

Mission

TO ADVANCE AND ADVOCATE FOR MUSIC EDUCATION AND APPRECIATION IN BERKS COUNTY.
990 for the year ended June 30, 2025

Program accomplishments

STUDENT SCHOLARSHIPS - THE SCHOLARSHIP PROGRAM PROVIDES FINANCIAL ASSISTANCE TO COMMITTED BERKS COUNTY MUSIC STUDENTS WHO AUDITION ON MERIT OR DEMONSTRATE FINANCIAL NEED. SCHOLARSHIPS ARE AVAILABLE FOR PIANO, ORGAN, WOODWIND, BRASS, PERCUSSION, STRING, HARP, GUITAR AND VOCAL STUDENTS, AS WELL AS AWARDS FOR COLLEGE TUITION. FINANCIAL NEED-BASED SCHOLARSHIPS SUPPORT SUMMER CAMP PARTICIPATION, PRIVATE MUSIC STUDY, AND INSTRUMENT UPGRADE REQUESTS.
Expenses $262,849 · grants $262,849
RMF PROVIDES GRANTS TO MUSIC-PRESENTING ORGANIZATIONS AND SPECIAL PROJECTS THAT STRENGTHEN BERKS COUNTY'S CULTURAL LIFE. FUNDING IS AWARDED BASED ON EACH ORGANIZATION'S ABILITY TO ADVANCE RMF'S MISSION OF INSPIRING, NURTURING, AND SUSTAINING A VIBRANT MUSICAL COMMUNITY. IN 2024, RMF SUPPORTED 24 LOCAL ENSEMBLES AND EDUCATIONAL INITIATIVES THROUGH PROGRAM GRANTS, UNDERWRITING PERFORMANCES, RESIDENCIES, AND MUSIC EDUCATION EXPERIENCES THROUGHOUT THE REGION.
Expenses $582,692 · grants $371,524
RMF SHARES THE MUSICAL EXPERIENCE WITH MEMBERS OF THE COMMUNITY WHO MAY NOT OTHERWISE HAVE ACCESS TO MUSIC EDUCATION OR PERFORMANCE OPPORTUNITIES. PROGRAMS INCLUDE OPERATION REPLAY (INSTRUMENT RECYCLING AND LOAN PROGRAM), MUSIC IN THE SCHOOLS ASSEMBLIES, AFTER-SCHOOL MUSIC INSTRUCTION IN READING AND OLIVET BOYS & GIRLS CLUBS, THE LATIN MUSIC AFTER-SCHOOL PROGRAM, AND THE DIGITAL MUSIC LAB INITIATIVE. COLLECTIVELY, RMF PROVIDES MORE THAN 15 HOURS PER WEEK OF FREE AFTER-SCHOOL MUSIC EDUCATION AND WORKSHOPS FOR K-12 STUDENTS FROM SEPTEMBER THROUGH MAY.
Expenses $99,206 · grants $91,411 · revenue $800

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax year	Year ended	Due	IRS public records
2025	June 30, 2026	November 16, 2026	Not due yet
2024	June 30, 2025	November 17, 2025	990 on file
2023	June 30, 2024	November 15, 2024	990 on file

IRS record

EIN: 23-1472487
Tax-exempt status: 501(c)(3): Charitable, religious, educational or scientific organization
Foundation status: Publicly supported organization (509(a)(2))
Donations deductible (Pub 78): Public charity, 50% deduction limit
Exempt since: 1943
Accounting year ends: June
Files: Form 990 or 990-EZ
Category (NTEE): Arts, culture and humanities (A68I)
Assets (IRS master file): $23,631,866
Income (IRS master file): $1,766,570

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	June 2025	$1,519,550	$1,133,643	$23,631,866	XML
990	June 2024	$1,523,675	$1,231,547	$21,639,152	XML
990	June 2023	$1,734,772	$1,083,790	$19,546,330	XML
990	June 2022	$3,531,006	$939,991	$17,638,151	IRS
990	June 2021	–	–	–	IRS
990	June 2020	–	–	–	IRS
990	June 2019	–	–	–	IRS
990	June 2018	–	–	–	IRS
990-N for 2008 Officer: Claire Flemming	June 30, 2009	≤ $50,000 receipts	–	–	e-Postcard

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 23-1472487).

Questions about READING MUSICAL FOUNDATION

What is the EIN of READING MUSICAL FOUNDATION?: The employer identification number (EIN) of READING MUSICAL FOUNDATION is 23-1472487.
Is READING MUSICAL FOUNDATION tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.
Are donations to READING MUSICAL FOUNDATION tax-deductible?: Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does READING MUSICAL FOUNDATION file?: Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of READING MUSICAL FOUNDATION due?: The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did READING MUSICAL FOUNDATION last file with the IRS?: The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of READING MUSICAL FOUNDATION?: The 990 for the year ended June 30, 2025 names KERI SHULTZ.
Who are the officers and directors of READING MUSICAL FOUNDATION?: The 990 for the year ended June 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $89,543 (KERI M SHULTZ, PRESIDENT).
How much revenue does READING MUSICAL FOUNDATION have?: On its 990 for the year ended June 30, 2025 it reported revenue of $1,519,550, expenses of $1,133,643 and total assets of $23,631,866 at year end.