Nonprofit · EIN 26-0876000
IBIS GROUP
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,077,213 | $13,884,670 | -$11,807,457 | $78,214,832 | $5,994,355 | $72,220,477 |
| December 31, 2023 | 990 | $2,117,460 | $10,408,928 | -$8,291,468 | $111,108,727 | $3,787,964 | $107,320,763 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $69
- Program service revenue
- $0
- Investment income
- $2,074,144
- Other revenue
- $3,000
Expenses
- Grants and similar amounts paid
- $11,666,476
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $181,205
- Accounting fees
- $205,931
- Travel
- $81,302
- Program services (functional)
- $13,249,240
- Management and general (functional)
- $635,430
Balance sheet and other
- Total assets, start of year
- $111,108,727
- Total assets, end of year
- $78,214,832
- Total liabilities, end of year
- $5,994,355
- Net assets, end of year
- $72,220,477
- Net assets without donor restrictions
- $72,220,477
- Gross receipts
- $2,077,213
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2007
- State of legal domicile
- DC
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNNE MUNSON | FORMER TRUSTEE/EXECUTIVE DIRECTOR Former | 0 | $0 | $2,316,153 | $56,277 |
| JASON GRIFFITHS | TRUSTEE, EXECUTIVE DIRECTOR Trustee or director, Officer | 20 | $186,600 | $468,229 | $0 |
| MARIA NEIRA | TRUSTEE, SECRETARY Trustee or director, Officer | 10 | $0 | $122,801 | $0 |
| CHI KIM | TRUSTEE, CHAIR Trustee or director, Officer | 20 | $0 | $0 | $0 |
| JAMES TANTON | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| SALLY SHAYWITZ | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ROBERT PIANTA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| TERI LAWLER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAWN BROOKS DE COSTA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN LONGLEY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNNE MUNSON | FORMER TRUSTEE/EXECUTIVE DIRECTOR Former | 0 | $0 | $2,827,957 | $47,713 |
| JASON GRIFFITHS | TRUSTEE, EXECUTIVE DIRECTOR Trustee or director, Officer | 25 | $88,000 | $616,667 | $0 |
| MARIA NEIRA | TRUSTEE, SECRETARY Trustee or director, Officer | 10 | $0 | $73,750 | $0 |
| CHI KIM | TRUSTEE, CHAIR Trustee or director, Officer | 20 | $0 | $0 | $0 |
| JAMES TANTON | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| SALLY SHAYWITZ | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ROBERT PIANTA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| TERI LAWLER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAWN BROOKS DE COSTA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN LONGLEY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 55 M ST SE STE 301, WASHINGTON, DC 20003-3565
- Principal officer (990 for 2024)
- CHI KIM, 55 M ST SE 340, WASHINGTON, DC 20003
- Signed the 990
- CHI KIM, CHAIRMAN, BOARD OF TRUSTEES
- Phone
- (202) 223-1854
- Website
- WWW.THEIBISGROUP.ORG
- 990-N for 2007 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Lynne Munson, 1016 16th Street NW, 7th Floor, Washington DC 20036. Mailing address: 1016 16th Street NW, 7th Floor, Washington DC 20036. Website: http://www.commoncore.org
- Return prepared by
- RSM US LLP
Mission
EMPOWER STUDENTS WITH THE KNOWLEDGE AND SKILLS TO BECOME LITERATE, ENGAGED, AND CONTRIBUTING MEMBERS OF THEIR COMMUNITIES.
Program accomplishments
- SUPPORT EDUCATION ASSESSMENT BY GRANT MAKINGExpenses $13,249,240 · grants $11,666,476
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0876000
- 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
- 2008
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $78,214,832
- Income (IRS master file)
- $2,077,213
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,077,213 | $13,884,670 | $78,214,832 | XML |
| 990 | December 2023 | $2,117,460 | $10,408,928 | $111,108,727 | XML |
| 990 | December 2022 | $42,838,571 | $4,022,972 | $145,205,588 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2007 Officer: Lynne Munson Filed under this EIN, most likely by a chapter or affiliate | December 31, 2007 | ≤ $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 26-0876000).
Questions about IBIS GROUP
- What is the EIN of IBIS GROUP?
- The employer identification number (EIN) of IBIS GROUP is 26-0876000.
- Is IBIS GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to IBIS GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does IBIS GROUP file?
- Form 990-PF. Private foundations file every year.
- When is the next return of IBIS GROUP 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 IBIS GROUP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IBIS GROUP?
- The 990 for the year ended December 31, 2024 names CHI KIM.
- Who are the officers and directors of IBIS GROUP?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization.
- How much revenue does IBIS GROUP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,077,213, expenses of $13,884,670 and total assets of $78,214,832 at year end.
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