Nonprofit · EIN 85-2154142
MUSEUM OF CONTEMPORARY VISUAL ART
Tax-exempt · PLANO, TX 75074
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $482,527 | $66,800 | $415,727 | $747,220 | $57,792 | $689,428 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $482,136
- Membership dues
- $1,176
- Program service revenue
- $391
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $25,650
- Salaries, compensation and benefits (total)
- $25,650
- Professional fundraising fees
- $0
- Occupancy
- $40,150
- Travel
- $1,000
- Management and general (functional)
- $66,800
Balance sheet and other
- Total assets, start of year
- $277,746
- Total assets, end of year
- $747,220
- Total liabilities, end of year
- $57,792
- Net assets, end of year
- $689,428
- Gross receipts
- $482,527
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2020
- State of legal domicile
- TX
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Soheyla Rashidyan | Executive Director Officer, Highest-paid employee | 65 | $25,650 |
| Mike Korman | Director of Operations Officer, Key employee | 50 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 E 15TH ST STE 304, PLANO, TX 75074-6246
- In care of
- % MIKE KORMAN
- Mailing address (990-N for 2024)
- 1201 E 15TH ST STE 305, PLANO TX 75074
- Principal officer (990 for 2025)
- Mike Korman, 1028 Sunswept Terrace, Plano, TX 75075
- Principal officer (990-N for 2024)
- Mike Korman, 1028 SUNSWEPT TER, PLANO TX 75075
- Signed the 990
- Mike Korman, Director of Operations
- Phone
- (469) 628-9040
Mission
1. Honor the work of todays master visual artists - those whose vision and technique inspire us to re-experience the world through their eyes transforming the way we see and feel. 2. Celebrate the creativity of outstanding childrens book illustrators by exploring the ideas behind their techniques and delving into the world of Child Art and how children perceive their environment.
Program accomplishments
- Curate and exhibit the artwork of contemporary master artists in solo and group shows both at the MOCVA museum facility and in collaborative galleries.revenue $391
- Annual art-focused STEAM event stimulating art growth for hundreds of children and their parents.0
- Review offered collections to obtain master artworks for preservation and display.0
- Offer weekly programs to enhance artistic skills of artists at all levels through guidance by museum staff and MOCVA Artist Affiliates0
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 85-2154142
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A51)
- Assets (IRS master file)
- $747,220
- Income (IRS master file)
- $482,527
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $482,527 | $66,800 | $747,220 | XML |
| 990-N for 2024 Officer: Mike Korman | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2023 Officer: Mike Korman | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Mike Korman | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Mike Korman | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-2154142).
Questions about MUSEUM OF CONTEMPORARY VISUAL ART
- What is the EIN of MUSEUM OF CONTEMPORARY VISUAL ART?
- The employer identification number (EIN) of MUSEUM OF CONTEMPORARY VISUAL ART is 85-2154142.
- Is MUSEUM OF CONTEMPORARY VISUAL ART tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to MUSEUM OF CONTEMPORARY VISUAL ART tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MUSEUM OF CONTEMPORARY VISUAL ART 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 MUSEUM OF CONTEMPORARY VISUAL ART 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 MUSEUM OF CONTEMPORARY VISUAL ART last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MUSEUM OF CONTEMPORARY VISUAL ART?
- The 990 for the year ended December 31, 2025 names Mike Korman.
- Who are the officers and directors of MUSEUM OF CONTEMPORARY VISUAL ART?
- The 990 for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $25,650 (Soheyla Rashidyan, Executive Director).
- How much revenue does MUSEUM OF CONTEMPORARY VISUAL ART have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $482,527, expenses of $66,800 and total assets of $747,220 at year end.
Other nonprofits in PLANO
- NORTH TEXAS PERFORMING ARTS EIN 75-2387300 · last filed 990 for 2025
- IQA FOUNDATION EIN 26-1300145 · last filed 990 for 2025
- PLANO SYMPHONY ORCHESTRA NON-PROFIT CORP EIN 75-1929103 · last filed 990 for 2025
- THE MCH FOUNDATION INC EIN 75-2359010 · last filed 990-PF for 2025
- HERITAGE FARMSTEAD ASSOCIATION EIN 23-7296470 · last filed 990 for 2025
- ART & DRAMA CENTRE THEATRE EIN 27-3293759 · last filed 990 for 2025
- DALLAS-FORT WORTH MAHARASHTRA MANDAL EIN 75-2518189 · last filed 990 for 2025
- SHINE ARTS FOUNDATION EIN 86-3303561 · last filed 990 for 2025
All nonprofits in PLANO · Texas · Arts, culture and humanities