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Nonprofit · EIN 74-2554281

KARL M JOHNSON FOUNDATION

Also known as JOHNSON KARL M TTEE

Tax-exempt · JACKSON, WY 83001

Financials

$2.1M$1.8M2023$2.2M$2M2024$6.1M$2.2M2025
Revenue Expenses · by fiscal year end
Financials of KARL M JOHNSON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$6,121,157$2,235,297$3,885,860$9,259,743$48,290$9,211,453
December 31, 2024990-PF$2,217,133$2,029,400$187,733$5,425,622$100,029$5,325,593
December 31, 2023990-PF$2,084,612$1,848,487$236,125$5,183,236$45,376$5,137,860
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$42,149
Interest
$105
Net rental income
$998,737
Net gain from sales of assets
$3,700,497

Expenses

Grants and similar amounts paid
$474,906
Compensation of officers, directors and key employees
$60,000
Salaries, compensation and benefits (total)
$209,827
Disbursements for charitable purposes
$525,686
Excise tax on investment income
$10,023

Balance sheet and other

Total assets, start of year
$5,425,622
Total assets, end of year
$9,259,743
Total liabilities, end of year
$48,290
Net assets, end of year
$9,211,453
Fair market value of assets
$14,343,428
Qualifying distributions
$525,686
Net investment income
$2,420,660

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
NATALIE TANAKA
PO BOX 7, JACKSON, WY 83001
EXECUTIVE DI
Highest-paid employee
40$120,152
BRET KING
PO BOX 40, JACKSON, WY 830010040
DIRECTOR2$20,000
RICHARD PALMER
PO BOX 4158, JACKSON, WY 83001
DIRECTOR2$20,000
SPENCER KING
PO BOX 40, JACKSON, WY 830010040
DIRECTOR2$20,000
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
NATALIE TANAKA
PO BOX 7, JACKSON, WY 83001
EXECUTIVE DI
Highest-paid employee
40$113,163
BRET KING
PO BOX 40, JACKSON, WY 830010040
DIRECTOR2$20,000
RICHARD PALMER
PO BOX 4158, JACKSON, WY 83001
DIRECTOR2$20,000
SPENCER KING
PO BOX 40, JACKSON, WY 830010040
DIRECTOR2$20,000
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
NATALIE TANAKA
PO BOX 7, JACKSON, WY 83001
EXECUTIVE DI
Highest-paid employee
40$106,080
BRET KING
PO BOX 40, JACKSON, WY 830010040
DIRECTOR2$15,000
RICHARD PALMER
PO BOX 4158, JACKSON, WY 83001
DIRECTOR2$15,000
SPENCER KING
PO BOX 40, JACKSON, WY 830010040
DIRECTOR2$15,000

Address and contacts

Address (IRS master file)
PO BOX 7, JACKSON, WY 83001-0007
Signed the 990-PF
RICHARD PALMER, DIRECTOR
Phone
(307) 733-2772
Return prepared by
MHP ADVISORY SERVICES LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
74-2554281
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
1990
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,259,743
Income (IRS master file)
$6,420,660

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$6,121,157$2,235,297$9,259,743IRS
990-PFDecember 2024$2,217,133$2,029,400$5,425,622IRS
990-PFDecember 2023$2,084,612$1,848,487$5,183,236XML
990-PFDecember 2022–––IRS
990-PFDecember 2020–––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 74-2554281).

Questions about KARL M JOHNSON FOUNDATION

What is the EIN of KARL M JOHNSON FOUNDATION?
The employer identification number (EIN) of KARL M JOHNSON FOUNDATION is 74-2554281.
Is KARL M JOHNSON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to KARL M JOHNSON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KARL M JOHNSON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KARL M JOHNSON FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KARL M JOHNSON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of KARL M JOHNSON FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $120,152 (NATALIE TANAKA, EXECUTIVE DI).
How much revenue does KARL M JOHNSON FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $6,121,157, expenses of $2,235,297 and total assets of $9,259,743 at year end.

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