Nonprofit · EIN 85-0456388
BOLACK MUSEUM FOUNDATION
Tax-exempt · FARMINGTON, NM 87401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990-PF | $160,007 | $205,941 | -$45,934 | $5,804,046 | $40,407 | $5,763,639 |
| February 29, 2024 | 990-PF | $76,585 | $72,904 | $3,681 | $5,809,573 | $0 | $5,809,573 |
Financial details: 990-PF for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $50,839
- Dividends
- $109,168
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,989
- Salaries, compensation and benefits (total)
- $99,177
- Disbursements for charitable purposes
- $205,939
- Excise tax on investment income
- $639
Balance sheet and other
- Total assets, start of year
- $5,809,573
- Total assets, end of year
- $5,804,046
- Total liabilities, end of year
- $40,407
- Net assets, end of year
- $5,763,639
- Fair market value of assets
- $5,804,046
- Qualifying distributions
- $205,939
- Net investment income
- $45,952
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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK JOHNSON 11 ROAD 6070, FARMINGTON, NM 87401 | DIRECTOR/PRESIDENT | 5 | $3,989 |
| RICHARD TC TULLY 3751 N BUTLER 106, FARMINGTON, NM 87401 | DIRECTOR/VICE PRSIDENT | 0 | $0 |
| SAM C BOREN 8300 CARMEL AVE NE UNIT 202, ALBUQUERQUE, NM 87122 | DIRECTOR/TREASURER | 0 | $0 |
| DAVID LAWSON 621 E BLANCO ST, AZTEC, NM 87410 | DIRECTOR/SECRETARY | 0 | $0 |
990-PF for the year ended February 29, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DUANE T TOMMY BOLACK 3901 BLOOMFIELD HIGHWAY, FARMINGTON, NM 87401 | DIRECTOR/PRES/TREASURER | 5 | $0 |
| RICHARD TC TULLY 3751 N BUTLER 106, FARMINGTON, NM 87401 | DIRECTOR | 0 | $0 |
| SAM C BOREN 8300 CARMEL AVE NE UNIT 202, ALBUQUERQUE, NM 87122 | DIRECTOR/SECRETARY | 0 | $0 |
| MARK JOHNSON 11 ROAD 6070, FARMINGTON, NM 87401 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3901 BLOOMFIELD HWY, FARMINGTON, NM 87401-2831
- In care of
- % TOMMY BOLACK
- Signed the 990-PF
- MARK JOHNSON, PRESIDENT
- Phone
- (505) 325-4275
- Website
- WWW.BOLACKMUSEUM.COM
- Return prepared by
- ABADIE & BOREN LTD CO
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990-PF on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-0456388
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2000
- Accounting year ends
- February
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A50)
- Assets (IRS master file)
- $5,804,046
- Income (IRS master file)
- $160,007
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | February 2025 | $160,007 | $205,941 | $5,804,046 | XML |
| 990-PF | February 2024 | $76,585 | $72,904 | $5,809,573 | XML |
| 990-PF | February 2023 | – | – | – | IRS |
| 990-PF | February 2022 | – | – | – | IRS |
| 990-PF | February 2021 | – | – | – | 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 85-0456388).
Questions about BOLACK MUSEUM FOUNDATION
- What is the EIN of BOLACK MUSEUM FOUNDATION?
- The employer identification number (EIN) of BOLACK MUSEUM FOUNDATION is 85-0456388.
- Is BOLACK MUSEUM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to BOLACK MUSEUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does BOLACK MUSEUM FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BOLACK MUSEUM FOUNDATION due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BOLACK MUSEUM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended February 2025.
- Who are the officers and directors of BOLACK MUSEUM FOUNDATION?
- The 990-PF for the year ended February 28, 2025 lists 4 people; 1 received compensation from the organization, the highest $3,989 (MARK JOHNSON, DIRECTOR/PRESIDENT).
- How much revenue does BOLACK MUSEUM FOUNDATION have?
- On its 990-PF for the year ended February 28, 2025 it reported revenue of $160,007, expenses of $205,941 and total assets of $5,804,046 at year end.
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All nonprofits in FARMINGTON · New Mexico · Arts, culture and humanities