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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-1908420

MAJESTIC RANCH ARTS FOUNDATION

Tax-exempt · BOERNE, TX 78006

Financials

$3K$124K2022$5K$61K2023$6K$93K2024
Revenue Expenses · by fiscal year end
Financials of MAJESTIC RANCH ARTS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990-PF$6,413$93,034-$86,621$325,096$0$325,096
March 31, 2024990-PF$4,913$61,040-$56,127$411,717$0$411,717
March 31, 2023990-PF$2,662$123,934-$121,272$467,844$0$467,844
Financial details: 990-PF for the year ended March 31, 2025

Revenue

Interest
$6,413

Expenses

Grants and similar amounts paid
$30,000
Compensation of officers, directors and key employees
$46,744
Disbursements for charitable purposes
$45,343
Excise tax on investment income
$9

Balance sheet and other

Total assets, start of year
$411,717
Total assets, end of year
$325,096
Total liabilities, end of year
$0
Net assets, end of year
$325,096
Fair market value of assets
$325,096
Qualifying distributions
$45,343
Net investment income
$6,413

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-PF for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MERLE S OLSON PHD
PO BOX 1708, BOERNE, TX 78006
CHAIRMAN & PRESIDENT8$0
MARIDEAN JONES
PO BOX 1708, BOERNE, TX 78006
VICE PRESIDENT2$0
JOHN SHERMAN
PO BOX 1708, BOERNE, TX 78006
TREASURER1$0
DEBRA L PIERCE
PO BOX 1708, BOERNE, TX 78006
SECRETARY8$0
990-PF for the year ended March 31, 2024: 4 people
NameTitleHours / weekCompensation
MERLE S OLSON PHD
PO BOX 1708, BOERNE, TX 78006
CHAIRMAN & PRESIDENT8$0
MARIDEAN JONES
PO BOX 1708, BOERNE, TX 78006
VICE PRESIDENT2$0
JOHN SHERMAN
PO BOX 1708, BOERNE, TX 78006
TREASURER1$0
DEBRA L PIERCE
PO BOX 1708, BOERNE, TX 78006
SECRETARY8$0
990-PF for the year ended March 31, 2023: 5 people
NameTitleHours / weekCompensation
JOHN JONES
PO BOX 1708, BOERNE, TX 78006
DIRECTOR2$0
MERLE S OLSON PHD
PO BOX 1708, BOERNE, TX 78006
CHAIRMAN & PRESIDENT8$0
MARIDEAN JONES
PO BOX 1708, BOERNE, TX 78006
VICE PRESIDENT2$0
JOHN SHERMAN
PO BOX 1708, BOERNE, TX 78006
TREASURER1$0
DEBRA L PIERCE
PO BOX 1708, BOERNE, TX 78006
SECRETARY8$0

Address and contacts

Address (IRS master file)
PO BOX 1708, BOERNE, TX 78006-6708
In care of
% MERLE S OLSON
Signed the 990-PF
DEBRA L PIERCE, SECRETARY
Phone
(210) 415-4185
Return prepared by
CALVETTI FERGUSON

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990-PF on file
2023March 31, 2024August 15, 2024990-PF on file

IRS record

EIN
74-1908420
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation (exempt from paying excise taxes)
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1977
Accounting year ends
March
Files
Form 990-PF
Assets (IRS master file)
$325,096
Income (IRS master file)
$6,413

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMarch 2025$6,413$93,034$325,096IRS
990-PFMarch 2024$4,913$61,040$411,717XML
990-PFMarch 2023$2,662$123,934$467,844XML
990-PFMarch 2022–––IRS
990-PFMarch 2021–––IRS
990-PFMarch 2020–––IRS
990-PFMarch 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 74-1908420).

Questions about MAJESTIC RANCH ARTS FOUNDATION

What is the EIN of MAJESTIC RANCH ARTS FOUNDATION?
The employer identification number (EIN) of MAJESTIC RANCH ARTS FOUNDATION is 74-1908420.
Is MAJESTIC RANCH ARTS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to MAJESTIC RANCH ARTS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does MAJESTIC RANCH ARTS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MAJESTIC RANCH ARTS FOUNDATION due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAJESTIC RANCH ARTS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended March 2025.
Who are the officers and directors of MAJESTIC RANCH ARTS FOUNDATION?
The 990-PF for the year ended March 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MAJESTIC RANCH ARTS FOUNDATION have?
On its 990-PF for the year ended March 31, 2025 it reported revenue of $6,413, expenses of $93,034 and total assets of $325,096 at year end.

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