Nonprofit · EIN 13-4356799
FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC
Tax-exempt · TALLAHASSEE, FL 32306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $68,795 | $58,917 | $9,878 | $356,694 | $39,392 | $317,302 |
| June 30, 2024 | 990-EZ | $115,796 | $70,561 | $45,235 | $347,086 | $39,662 | $307,424 |
| June 30, 2023 | 990-EZ | $10,648 | $24,373 | -$13,725 | $309,474 | $47,285 | $262,189 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Program service revenue
- $55,594
- Investment income
- $13,201
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $27,661
- Professional fees and payments to contractors
- $16,000
- Other expenses
- $15,256
- Program services (functional)
- $42,240
Balance sheet and other
- Total assets, start of year
- $347,086
- Total assets, end of year
- $356,694
- Total liabilities, end of year
- $39,392
- Net assets, end of year
- $317,302
- Cash, savings and investments
- $85,516
- Gross receipts
- $68,795
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACEY PATTERSON | PRESIDENT | 1 | $0 |
| WALTER LEE | TREASURER | 10 | $0 |
| KELLY STARK | SECRETARY | 1 | $0 |
| RICHARD MCCULLOUGH | DIRECTOR | 1 | $0 |
| KATHLEEN AMM | DIRECTOR | 3 | $0 |
| MARK BIRD | DIRECTOR | 10 | $0 |
| DAVID LARBALESTIER | DIRECTOR | 1 | $0 |
| IAIN DIXON | DIRECTOR | 10 | $0 |
| VALERIE MCDEVITT | DIRECTOR | 3 | $0 |
990-EZ for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACEY PATTERSON | PRESIDENT | 1 | $0 |
| WALTER LEE | TREASURER | 10 | $0 |
| KELLY STARK | SECRETARY | 1 | $0 |
| RICHARD MCCULLOUGH | DIRECTOR | 1 | $0 |
| GREGORY BOEBINGER | DIRECTOR | 3 | $0 |
| MARK BIRD | DIRECTOR | 10 | $0 |
| DAVID LARBALESTIER | DIRECTOR | 1 | $0 |
| IAIN DIXON | DIRECTOR | 10 | $0 |
990-EZ for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IAIN DIXON | DIRECTOR | 10 | $0 |
| GREGORY BOEBINGER | DIRECTOR | 3 | $0 |
| MARK BIRD | DIRECTOR | 10 | $0 |
| DAVID LARBALESTIER | DIRECTOR | 1 | $0 |
| RICHARD MCCULLOUGH | DIRECTOR | 1 | $0 |
| KELLY STARK | SECRETARY | 1 | $0 |
| WALTER LEE | TREASURER | 10 | $0 |
| STACEY PATTERSON | PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 109 WESTCOTT BUILDING, TALLAHASSEE, FL 32306-1330
- In care of
- % CLYDE REA
- Signed the 990-EZ
- JENN GARYE, TREASURER
- Phone
- (850) 644-3651
- Return prepared by
- JAMES MOORE & CO PL
Mission
FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT, INC. IS A DIRECT SUPPORT ORGANIZATION AS PROVIDED FOR IN SECTION 1004.28, FLORIDA STATUTES. THE ORGANIZATION IS CONSIDERED A COMPONENT UNIT OF FLORIDA STATE UNIVERSITY (THE UNIVERSITY). THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE AND ASSIST THE MAGNET RESEARCH ACTIVITIES OF THE UNIVERSITY THROUGH INCOME FROM CONTRACTS, GRANTS, AND OTHER SOURCES, INCLUDING INCOME DERIVED FROM THE DEVELOPMENT AND COMMERCIALIZATION OF THE UNIVERSITY'S WORK PRODUCTS.
Program accomplishments
- FSUMRD OPERATES FOR THE PURPOSE OF SUPPORTING, ENCOURAGING, AND PROMOTING SCIENTIFIC RESEARCH, EDUCATION, AND TRAINING ACTIVITIES OF FACULTY, STAFF, AND STUDENTS OF FLORIDA STATE UNIVERSITY. THE ORGANIZATION EXISTS TO DESIGN, DEVELOP, INVENT, ASSEMBLE, CONSTRUCT, TEST, REPAIR, MAINTAIN, AND FABRICATE MAGNETS OR MAGNET SYSTEMS OF ANY TYPE OF DESIGN, AND ANY ANCILLARY COMPONENTS NECESSARY OR DESIRABLE FOR THE DEVELOPMENT, OPERATION, OR MAINENANCE THEREOF.Expenses $42,240
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 13-4356799
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U990)
- Assets (IRS master file)
- $356,694
- Income (IRS master file)
- $68,795
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $68,795 | $58,917 | $356,694 | IRS |
| 990-EZ | June 2024 | $115,796 | $70,561 | $347,086 | XML |
| 990-EZ | June 2023 | $10,648 | $24,373 | $309,474 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 13-4356799).
Questions about FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC
- What is the EIN of FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC?
- The employer identification number (EIN) of FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC is 13-4356799.
- Is FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT 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 FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC?
- The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $68,795, expenses of $58,917 and total assets of $356,694 at year end.
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