Nonprofit · EIN 42-1462661
MACNIDER ART MUSEUM FOUNDATION
Tax-exempt · MASON CITY, IA 50401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $77,875 | $63,818 | $14,057 | $1,455,991 | $0 | $1,455,991 |
| June 30, 2024 | 990 | $87,711 | $57,582 | $30,129 | $1,340,333 | $0 | $1,340,333 |
| June 30, 2023 | 990 | $121,259 | $59,178 | $62,081 | $1,147,841 | $0 | $1,147,841 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $40,226
- Program service revenue
- $0
- Investment income
- $37,649
- Net gain from sales of assets
- $18,177
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $62,918
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $900
- Program services (functional)
- $62,918
- Management and general (functional)
- $900
Balance sheet and other
- Total assets, start of year
- $1,340,333
- Total assets, end of year
- $1,455,991
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,455,991
- Publicly traded securities
- $1,322,232
- Net assets without donor restrictions
- $1,455,991
- Gross receipts
- $492,059
- Employees
- 0
- Year formed
- 1996
- State of legal domicile
- IA
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 |
|---|---|---|---|
| PEGGY BANG | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| SCOTT BORCHERDING | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT BROWN | SECRETARY Trustee or director, Officer | 1 | $0 |
| DEE DIENST | DIRECTOR Trustee or director | 1 | $0 |
| JULIE KIM | DIRECTOR Trustee or director | 1 | $0 |
| CHARLOTTE LOCHER | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL MACGREGOR | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MOLLY WATSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEGGY BANG | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| SCOTT BROWN | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOYCE HANES | DIRECTOR Trustee or director | 1 | $0 |
| JULIE KIM | DIRECTOR Trustee or director | 1 | $0 |
| CHARLOTTE LOCHER | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL MACGREGOR | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MOLLY WATSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT BORCHERDING | DIRECTOR Trustee or director | 1 | $0 |
| JULIE KIM | DIRECTOR Trustee or director | 1 | $0 |
| JOYCE HANES | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY WATSON | DIRECTOR Trustee or director | 1 | $0 |
| PAUL MACGREGOR | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PEGGY BANG | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHARLOTTE LOCHER | TREASURER Trustee or director, Officer | 1 | $0 |
| SCOTT BROWN | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHARLES MACNIDER | PAST PRESIDENT Trustee or director, Former | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 303 2ND ST SE, MASON CITY, IA 50401-3925
- Principal officer (990 for 2024)
- PAUL MACGREGOR, 303 2ND STREET SE, MASON CITY, IA 50401
- Signed the 990
- CHARLOTTE LOCHER, TREASURER
- Phone
- (641) 421-3666
- Return prepared by
- HARRISON & ASSOCIATES CPAS PLLC
Mission
ENDOWMENT FUND TO SUPPORT MUSEUM
Program accomplishments
- OPERATING EXPENSES FOR THE CHARLES H MACNIDER ART MUSEUMExpenses $62,918 · grants $62,918
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
- 42-1462661
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A115)
- Assets (IRS master file)
- $1,455,991
- Income (IRS master file)
- $492,059
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $77,875 | $63,818 | $1,455,991 | XML |
| 990 | June 2024 | $87,711 | $57,582 | $1,340,333 | IRS |
| 990 | June 2023 | $121,259 | $59,178 | $1,147,841 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 42-1462661).
Questions about MACNIDER ART MUSEUM FOUNDATION
- What is the EIN of MACNIDER ART MUSEUM FOUNDATION?
- The employer identification number (EIN) of MACNIDER ART MUSEUM FOUNDATION is 42-1462661.
- Is MACNIDER ART MUSEUM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MACNIDER ART MUSEUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MACNIDER ART MUSEUM 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 MACNIDER ART MUSEUM 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 MACNIDER ART MUSEUM 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 MACNIDER ART MUSEUM FOUNDATION?
- The 990 for the year ended June 30, 2025 names PAUL MACGREGOR.
- Who are the officers and directors of MACNIDER ART MUSEUM FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does MACNIDER ART MUSEUM FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $77,875, expenses of $63,818 and total assets of $1,455,991 at year end.
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