Nonprofit · EIN 20-1878599
SMS FOUNDATION INC
Tax-exempt · MADISON, WI 53705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,146,058 | $561,959 | $584,099 | $12,788,716 | $0 | $12,788,716 |
| December 31, 2024 | 990-PF | $893,030 | $543,773 | $349,257 | $10,930,223 | $0 | $10,930,223 |
| December 31, 2023 | 990-PF | $896,758 | $531,730 | $365,028 | $10,051,515 | $0 | $10,051,515 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $250,000
- Dividends
- $255,738
- Interest
- $9,498
- Net gain from sales of assets
- $630,822
Expenses
- Grants and similar amounts paid
- $481,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $484,063
- Excise tax on investment income
- $14,352
Balance sheet and other
- Total assets, start of year
- $10,930,223
- Total assets, end of year
- $12,788,716
- Total liabilities, end of year
- $0
- Net assets, end of year
- $12,788,716
- Fair market value of assets
- $12,788,716
- Qualifying distributions
- $484,063
- Net investment income
- $1,094,364
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH E SPENCER PO BOX 5157, MADISON, WI 53705 | PRESIDENT, DIRECTOR | 1 | $0 |
| MATTHEW D SILVERSTEIN PO BOX 5324, MADISON, WI 53705 | VICE PRESIDENT, DIRECTOR | 1 | $0 |
| THOMAS G TIERNEY 1010 HARRISON ST, MADISON, WI 53711 | TREASURER | 1 | $0 |
| JOHANNA ALLEX PO BOX 1784, MADISON, WI 537011784 | SECRETARY | 1 | $0 |
| MARK SPENCER PO BOX 5157, MADISON, WI 53705 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH E SPENCER PO BOX 5157, MADISON, WI 53705 | PRESIDENT, DIRECTOR | 1 | $0 |
| MATTHEW D SILVERSTEIN PO BOX 5324, MADISON, WI 53705 | VICE PRESIDENT, DIRECTOR | 1 | $0 |
| THOMAS G TIERNEY 1010 HARRISON ST, MADISON, WI 53711 | TREASURER | 1 | $0 |
| DAVID B BILLING PO BOX 1784, MADISON, WI 53701 | SECRETARY | 1 | $0 |
| MARK SPENCER PO BOX 5157, MADISON, WI 53705 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH E SPENCER PO BOX 5157, MADISON, WI 53705 | PRESIDENT, DIRECTOR | 1 | $0 |
| MATTHEW D SILVERSTEIN PO BOX 5324, MADISON, WI 53705 | VICE PRESIDENT, DIRECTOR | 1 | $0 |
| THOMAS G TIERNEY 1010 HARRISON ST, MADISON, WI 53711 | TREASURER | 1 | $0 |
| DAVID B BILLING PO BOX 1784, MADISON, WI 53701 | SECRETARY | 1 | $0 |
| MARK SPENCER PO BOX 5157, MADISON, WI 53705 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5324, MADISON, WI 53705-0324
- In care of
- % SB&G
- Signed the 990-PF
- SARAH E SPENCER, PRESIDENT
- Phone
- (608) 577-8260
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-1878599
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $12,788,716
- Income (IRS master file)
- $2,867,765
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,146,058 | $561,959 | $12,788,716 | XML |
| 990-PF | December 2024 | $893,030 | $543,773 | $10,930,223 | IRS |
| 990-PF | December 2023 | $896,758 | $531,730 | $10,051,515 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | 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 20-1878599).
Questions about SMS FOUNDATION INC
- What is the EIN of SMS FOUNDATION INC?
- The employer identification number (EIN) of SMS FOUNDATION INC is 20-1878599.
- Is SMS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to SMS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SMS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SMS FOUNDATION INC 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 SMS FOUNDATION INC 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 SMS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SMS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,146,058, expenses of $561,959 and total assets of $12,788,716 at year end.
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