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Nonprofit · EIN 20-2412662

MESERVE-KUNHARDT FOUNDATION INC

Tax-exempt · PLEASANTVILLE, NY 10570

Financials

$4.6M$3.1M2023$5.1M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of MESERVE-KUNHARDT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,117,803$2,947,222$2,170,581$25,873,204$40,805$25,832,399
December 31, 2023990$4,610,772$3,098,489$1,512,283$23,688,707$26,889$23,661,818
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,920,497
Program service revenue
$1,718,779
Investment income
$729,333
Royalties
$55,552
Net rental income
$53,469
Net gain from sales of assets
-$424
Net income from fundraising events
-$372,384
Other revenue
-$250,806

Expenses

Grants and similar amounts paid
$142,500
Compensation of officers, directors and key employees
$620,365
Other salaries and wages
$313,500
Salaries, compensation and benefits (total)
$1,091,911
Professional fundraising fees
$0
Legal fees
$975
Accounting fees
$48,875
Occupancy
$79,298
Travel
$101,959
Depreciation
$58,450
Program services (functional)
$2,404,346
Management and general (functional)
$263,438
Fundraising (functional)
$279,438

Balance sheet and other

Total assets, start of year
$23,688,707
Total assets, end of year
$25,873,204
Total liabilities, end of year
$40,805
Net assets, end of year
$25,832,399
Land, buildings and equipment
$2,486,599
Publicly traded securities
$21,386,100
Net assets without donor restrictions
$13,084,119
Net assets with donor restrictions
$12,748,280
Gross receipts
$5,729,764
Employees
5
Volunteers
0
Year formed
2002
State of legal domicile
NY

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
PETER W KUNHARDT JREXECUTIVE DIRECTOR
Trustee or director, Officer
40$439,530
THOMAS A CONWAYCHIEF FINANCIAL OFFICER
Officer
16$180,835
LEWIS J HART IIIDIRECTOR
Trustee or director
0$0
PETER W KUNHARDTDIRECTOR
Trustee or director
0$0
DIANA REVSONDIRECTOR
Trustee or director
0$0
ALEXANDER SOROSDIRECTOR
Trustee or director
0$0
MARIO SPROUSEDIRECTOR
Trustee or director
0$0
DEBORAH WILLIS PHDDIRECTOR
Trustee or director
0$0
JACKIE GLOVERDIRECTOR
Trustee or director
0$0
WILLIAM JELANI COBBDIRECTOR
Trustee or director
0$0
LAURA BROWNDIRECTOR
Trustee or director
0$0
NINA FREEDMANPRESIDENT
Trustee or director
0$0
PHILIP B KUNHARDT IIIDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
PETER W KUNHARDT JREXECUTIVE DIRECTOR
Trustee or director, Officer
40$418,600
THOMAS A CONWAYCHIEF FINANCIAL OFFICER
Officer
16$173,160
LEWIS J HART IIIDIRECTOR
Trustee or director
0$0
PETER W KUNHARDTDIRECTOR
Trustee or director
0$0
DIANA REVSONDIRECTOR
Trustee or director
0$0
ALEXANDER SOROSDIRECTOR
Trustee or director
0$0
MARIO SPROUSEDIRECTOR
Trustee or director
0$0
DEBORAH WILLIS PHDDIRECTOR
Trustee or director
0$0
JACKIE GLOVERDIRECTOR
Trustee or director
0$0
WILLIAM JELANI COBBDIRECTOR
Trustee or director
0$0
LAURA BROWNDIRECTOR
Trustee or director
0$0
NINA FREEDMANPRESIDENT
Trustee or director
0$0
PHILIP B KUNHARDT IIIDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
48 WHEELER AVE 3RD FL, PLEASANTVILLE, NY 10570-3046
In care of
% GELFAND RENNERT & FELDMAN LLP
Principal officer (990 for 2024)
PETER W KUNHARDT JR, 48 WHEELER AVENUE, PLEASANTVILLE, NY 10570
Signed the 990
THOMAS A CONWAY, CFO
Phone
(914) 238-2619
Return prepared by
PRAGER METIS CPAS LLC

Mission

THE FOUNDATION PERMANENTLY PRESERVES THE WORK OF GORDON PARKS, MAKES IT AVAILABLE TO THE PUBLIC THROUGH EXHIBITIONS, BOOKS AND ELECTRONIC MEDIA, AND SUPPORTS ARTISTIC AND EDUCATIONAL ACTIVITIES THAT ADVANCE WHAT PARKS DESCRIBED AS "THE COMMON SEARCH FOR A BETTER LIFE AND A BETTER WORLD ." THE FOUNDATION'S EXHIBITION SPACE PRESENTS EXHIBITIONS ON GORDON PARKS AND OTHER ARTISTS WORKING WITHIN THE THEMES OF SOCIAL JUSTICE, AS PART OF THE FOUNDATION'S COMMITMENT TO EDUCATING THE PUBLIC.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION COLLABORATES WITH MUSEUMS THROUGHOUT THE WORLD TO PRODUCE FOCUSED EXHIBITIONS ON PARKS' WORKS AND PUBLISHES BOOKS. IN ADDITION, THE FOUNDATION CONTINUES TO CATALOGUE AND PRESERVE THE WORK OF GORDON PARKS.
    Expenses $2,261,846 · revenue $1,840,357
  • THE FOUNDATION PROVIDES SCHOLARSHIP GRANTS TO STUDENTS FROM PARTNER INSTITUTIONS AND FELLOWSHIP GRANTS TO PROMISING PHOTOGRAPHERS, FILMMAKERS, VISUAL ARTISTS, WRITERS AND MUSICIANS WORKING WITHIN THE THEMES OF SOCIAL JUSTICE.
    Expenses $142,500 · grants $142,500

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, 2024990 on file

IRS record

EIN
20-2412662
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,873,204
Income (IRS master file)
$5,729,764

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,117,803$2,947,222$25,873,204IRS
990December 2023$4,610,772$3,098,489$23,688,707XML
990December 2022$6,303,534$2,981,982$22,170,693IRS
990December 2021–––IRS
990December 2020–––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 20-2412662).

Questions about MESERVE-KUNHARDT FOUNDATION INC

What is the EIN of MESERVE-KUNHARDT FOUNDATION INC?
The employer identification number (EIN) of MESERVE-KUNHARDT FOUNDATION INC is 20-2412662.
Is MESERVE-KUNHARDT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to MESERVE-KUNHARDT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MESERVE-KUNHARDT FOUNDATION 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 MESERVE-KUNHARDT FOUNDATION 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 MESERVE-KUNHARDT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MESERVE-KUNHARDT FOUNDATION INC?
The 990 for the year ended December 31, 2024 names PETER W KUNHARDT JR.
Who are the officers and directors of MESERVE-KUNHARDT FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $439,530 (PETER W KUNHARDT JR, EXECUTIVE DIRECTOR).
How much revenue does MESERVE-KUNHARDT FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,117,803, expenses of $2,947,222 and total assets of $25,873,204 at year end.

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