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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 64-0876425

BRILLARE BEAUTY INSTITUTE

Tax-exempt · CLEVELAND, TN 37312

Financials

$3M$3M2023$3.4M$3.6M2024
Revenue Expenses · by fiscal year end
Financials of BRILLARE BEAUTY INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,437,677$3,605,419-$167,742$1,969,401$1,110,300$859,101
December 31, 2023990$2,996,427$2,977,232$19,195$2,211,661$1,384,205$827,456
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,038,340
Investment income
$0
Net income from sales of inventory
$205,232
Other revenue
$399,337

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$148,752
Other salaries and wages
$1,614,055
Salaries, compensation and benefits (total)
$2,102,477
Professional fundraising fees
$0
Accounting fees
$86,435
Occupancy
$301,227
Travel
$167,194
Depreciation
$63,663
Program services (functional)
$1,835,552
Management and general (functional)
$1,769,867

Balance sheet and other

Total assets, start of year
$2,211,661
Total assets, end of year
$1,969,401
Total liabilities, end of year
$1,110,300
Net assets, end of year
$859,101
Land, buildings and equipment
$154,285
Net assets without donor restrictions
$859,101
Gross receipts
$3,943,434
Employees
33
Year formed
1996
State of legal domicile
TN

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
KARL J PETERSENPresident
Officer
40$148,752
DIANE M PETERSENBoard Member
Trustee or director
1$0
MARK BERNSTEINBoard of Directors Mem
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL SMITHDirector
Trustee or director
40$131,635$1,070
KARL J PETERSENPresident
Officer
40$123,299$577
DIANE M PETERSENBoard Member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1605 PROFNL PARK DR NW, CLEVELAND, TN 37312-0000
In care of
% KARL PETERSEN
Principal officer (990 for 2024)
Karl Petersen, 9 Wild Rose Drive, Ladue, MO 63124
Signed the 990
KARL PETERSEN, President
Phone
(423) 476-3742

Mission

Brillare Beauty Institute's purpose is to graduate well-rounded professional men and women, as well as, technically competent cosmetologists, aestheticians and instructors.

990 for the year ended December 31, 2024

Program accomplishments

  • Brillare Beauty Institute is devoted to preparing students, not only to pass state licensing examinations, but also to enter and be successful in all phases of cosmetology, aesthetics and instruction.
    Expenses $3,965,976

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
64-0876425
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B30Z)
Assets (IRS master file)
$1,969,401
Income (IRS master file)
$3,943,434

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,437,677$3,605,419$1,969,401IRS
990December 2023$2,996,427$2,977,232$2,211,661XML
990December 2022$2,655,731$2,642,677$2,107,358IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 64-0876425).

Questions about BRILLARE BEAUTY INSTITUTE

What is the EIN of BRILLARE BEAUTY INSTITUTE?
The employer identification number (EIN) of BRILLARE BEAUTY INSTITUTE is 64-0876425.
Is BRILLARE BEAUTY INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to BRILLARE BEAUTY INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRILLARE BEAUTY INSTITUTE 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 BRILLARE BEAUTY INSTITUTE 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 BRILLARE BEAUTY INSTITUTE 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 BRILLARE BEAUTY INSTITUTE?
The 990 for the year ended December 31, 2024 names Karl Petersen.
Who are the officers and directors of BRILLARE BEAUTY INSTITUTE?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $148,752 (KARL J PETERSEN, President).
How much revenue does BRILLARE BEAUTY INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,437,677, expenses of $3,605,419 and total assets of $1,969,401 at year end.

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