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Nonprofit · EIN 86-3480344

FABARTS INC

Tax-exempt (reinstated) · COLUMBUS, GA 31901

Financials

$465K$347K2024
Revenue Expenses · by fiscal year end
Financials of FABARTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$464,606$347,403$117,203$333,539$0$333,539
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$464,606
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$64,336
Salaries, compensation and benefits (total)
$69,957
Professional fundraising fees
$0
Legal fees
$2,277
Occupancy
$6,941
Travel
$9,013
Program services (functional)
$170,118
Management and general (functional)
$112,074
Fundraising (functional)
$65,211

Balance sheet and other

Total assets, start of year
$216,864
Total assets, end of year
$333,539
Total liabilities, end of year
$0
Net assets, end of year
$333,539
Gross receipts
$464,606
Employees
0
Year formed
2021
State of legal domicile
GA

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
T Fredrick McKnightPresident
Trustee or director, Officer
40$64,336
Marquette M McknightSecretary
Trustee or director, Officer
0$0
Mallory McRaeDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
214 10TH ST STE A, COLUMBUS, GA 31901-2745
Signed the 990
T Fredrick McKnight, President
Phone
(706) 575-8900
Return prepared by
Cedar Hill CPAs and Advisors

Mission

A) To encourage corporation and free intercourse among artists, art teachers, art students, and others engaged in artistic activities; and to promote the study and improvement of the arts.B) To promote means and opportunities for the education of the public with respect to the study and culture of drama, music and arts, and the enjoyment and wholesome use of drama, music and art; to solicit, collect, and otherwise raise money for those purposes, and to expend, contribute, discurse, otherwise handle and dispose of that money for the above purposes; to promote drama, music and art activities to assist schools, colleges and universities in promoting and developing outstanding drama, music and art programs, and to assist drama, music and art organizations in supporting drama, music and art.C) To cultivate, promote, foster, sponsor, and develop among its members and the general public the appreciation, understanding, taste, and love of the arts; to promote the advancement of such purposes,

990 for the year ended December 31, 2024

Program accomplishments

  • A) To encourage corporation and free intercourse among artists, art teachers, art students, and others engaged in artistic activities; and to promote the study and improvement of the arts.B) To promote means and opportunities for the education of the public with respect to the study and culture of drama, music and arts, and the enjoyment and wholesome use of drama, music and art; to solicit, collect, and otherwise raise money for those purposes, and to expend, contribute, discurse, otherwise handle and dispose of that money for the above purposes; to promote drama, music and art activities to assist schools, colleges and universities in promoting and developing outstanding drama, music and art programs, and to assist drama, music and art organizations in supporting drama, music and art.C) To cultivate, promote, foster, sponsor, and develop among its members and the general public the appreciation, understanding, taste, and love of the arts; to promote the advancement of such purposes, and to secure the interest of patrons of the arts.
    Expenses $170,118

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, 2024Check at the IRS

IRS record

EIN
86-3480344
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$333,539
Income (IRS master file)
$464,606

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$464,606$347,403$333,539XML

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 86-3480344).

Questions about FABARTS INC

What is the EIN of FABARTS INC?
The employer identification number (EIN) of FABARTS INC is 86-3480344.
Is FABARTS INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to FABARTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FABARTS INC 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 FABARTS INC 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 FABARTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FABARTS INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $64,336 (T Fredrick McKnight, President).
How much revenue does FABARTS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $464,606, expenses of $347,403 and total assets of $333,539 at year end.

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