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Nonprofit · EIN 27-5125973

TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME

Tax-exempt · TUSCUMBIA, AL 35674

Financials

$75K$25K2023$103K$143K2024
Revenue Expenses · by fiscal year end
Financials of TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$102,888$143,281-$40,393$1,617,106$0$1,617,106
December 31, 2023990$74,871$25,000$49,871$1,557,218$0$1,557,218
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$102,888
Net gain from sales of assets
$41,293
Other revenue
$0

Expenses

Grants and similar amounts paid
$143,167
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$143,281

Balance sheet and other

Total assets, start of year
$1,557,218
Total assets, end of year
$1,617,106
Total liabilities, end of year
$0
Net assets, end of year
$1,617,106
Publicly traded securities
$1,611,365
Net assets without donor restrictions
$1,617,106
Gross receipts
$278,600
Employees
0

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.

NameTitleHours / weekCompensation
SKI AKEHURSTDIRECTOR
Trustee or director
–$0
NANCY ANDERSSECRETARY
Trustee or director, Officer
–$0
KENNETH BROOKSDIRECTOR
Trustee or director
–$0
CALVIN DURHAMDIRECTOR
Trustee or director
–$0
FRANCES FOXTREASURER
Trustee or director, Officer
–$0
CAMERON KAYDIRECTOR
Trustee or director
–$0
BECKY MAULDINDIRECTOR
Trustee or director
–$0
CYNTHIA MCCLANAHANCHAIRMAN
Trustee or director, Officer
–$0
KEATON OSBORNDIRECTOR
Trustee or director
–$0
NANCY SANFORDDIRECTOR
Trustee or director
–$0
CAROLINE WOLDENBERGDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
SKI AKEHURSTDIRECTOR
Trustee or director
–$0
NANCY ANDERSSECRETARY
Trustee or director, Officer
–$0
KENNETH BROOKSDIRECTOR
Trustee or director
–$0
CALVIN DURHAMDIRECTOR
Trustee or director
–$0
FRANCES FOXTREASURER
Trustee or director, Officer
–$0
CAMERON KAYDIRECTOR
Trustee or director
–$0
BECKY MAULDINDIRECTOR
Trustee or director
–$0
CYNTHIA MCCLANAHANCHAIRMAN
Trustee or director, Officer
2$0
KEATON OSBORNDIRECTOR
Trustee or director
–$0
NANCY SANFORDDIRECTOR
Trustee or director
–$0
CAROLINE WOLDENBERGDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 474, TUSCUMBIA, AL 35674-0474
Principal officer (990 for 2024)
CYNTHIA MCCLANAHAN
Signed the 990
FRANCES FOX, TREASURER
Phone
(256) 383-0533
Return prepared by
THE SPARKS CPA FIRM PC

Mission

THE PURPOSE OF THE FOUNDATION IS TO SOLICIT CHARITABLE CONTRIBUTIONS AND INVEST THE FUNDS FOR THE BENEFIT OF THE TENNESSEE VALLEY ART ASSOCIATION.

990 for the year ended December 31, 2024

Program accomplishments

  • TO RECEIVE AND INVEST MONEY FOR THE PURPOSE OF BENEFITTING TENNESSEE VALLEY ART ASSOCIATION
    Expenses $143,281 · grants $143,167

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 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-5125973
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,617,106
Income (IRS master file)
$278,600

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$102,888$143,281$1,617,106XML
990December 2023$74,871$25,000$1,557,218XML
990December 2022$58,840$3,542$1,475,588IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 27-5125973).

Questions about TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME

What is the EIN of TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME?
The employer identification number (EIN) of TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME is 27-5125973.
Is TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME 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 TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME 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 TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME 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 TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME?
The 990 for the year ended December 31, 2024 names CYNTHIA MCCLANAHAN.
Who are the officers and directors of TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does TENNESSEE VALLEY ART ASSOCIATION FOUNDATION FOR ENDOWME have?
On its 990 for the year ended December 31, 2024 it reported revenue of $102,888, expenses of $143,281 and total assets of $1,617,106 at year end.

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