Nonprofit · EIN 22-2249977
THE FOLK PROJECT
Tax-exempt · MORRISTOWN, NJ 07960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $155,976 | $157,270 | -$1,294 | $228,419 | $10,266 | $218,153 |
| December 31, 2023 | 990-EZ | $121,268 | $156,343 | -$35,075 | $220,314 | $7,777 | $212,537 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,690
- Membership dues
- $10,419
- Program service revenue
- $110,349
- Investment income
- $4,576
- Net gain from sales of assets
- $16,454
- Other revenue
- $488
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $76,483
- Occupancy
- $54,795
- Printing, publications and postage
- $2,005
- Other expenses
- $23,987
- Program services (functional)
- $136,459
Balance sheet and other
- Total assets, start of year
- $220,314
- Total assets, end of year
- $228,419
- Total liabilities, end of year
- $10,266
- Net assets, end of year
- $218,153
- Cash, savings and investments
- $224,719
- Gross receipts
- $155,976
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH LACHOWICZ | PRESIDENT | 3 | $0 |
| PAUL FISHER | VICE PRESIDENT | 1 | $0 |
| MARGARET KARR | TREASURER | 5 | $0 |
| JEFF CANTOR | SECRETARY | 2 | $0 |
| MICHAEL AGRANOFF | CHAIR | 5 | $0 |
| MARK SCHAFFER | CHAIR | 5 | $0 |
| SAM EDILSTON | CHAIR | 3 | $0 |
| TODD DENNISON | CHAIR | 3 | $0 |
| JOE GUZZO | TRUSTEE | 2 | $0 |
| BOB MCNALLY | TRUSTEE | 2 | $0 |
| TINA ROSS | TRUSTEE | 2 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH LACHOWICZ | PRESIDENT | 2 | $0 |
| PAUL FISHER | VICE PRESIDENT | 2 | $0 |
| MARGARET KARR | TREASURER | 2 | $0 |
| JEFF CANTOR | SECRETARY | 2 | $0 |
| MICHAEL AGRANOFF | CHAIR | 2 | $0 |
| MARK SCHAFFER | CHAIR | 2 | $0 |
| SAM EDILSTON | CHAIR | 2 | $0 |
| TODD DENNISON | CHAIR | 2 | $0 |
| JOE GUZZO | TRUSTEE | 2 | $0 |
| BOB MCNALLY | TRUSTEE | 2 | $0 |
| TINA ROSS | TRUSTEE | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 21 NORMANDY HEIGHTS RD, MORRISTOWN, NJ 07960-4671
- Mailing address (990-N for 2020)
- PO Box 41, Mendham NJ 07945
- Principal officer (990-N for 2020)
- Peggy Karr, PO Box 41, Mendham NJ 07945
- Signed the 990-EZ
- Margaret Karr, Treasurer
- Phone
- (973) 219-5976
Mission
PROMOTE LIVE FOLK MUSIC, DANCE, WORKSHOPS, AND FESTIVALS
Program accomplishments
- 1 WEEKEND LONG FESTIVALS FEATURING CONCERTS DANCE AND WORKSHOPS 75 ATTENDEESExpenses $40,631
- COFFEHOUSE ARE WEEKLY CONCERTS FEATURING ACOUSTIC MUSIC 3946 ATTENDEESExpenses $36,693
- CONTRA DANCE IS A BIMONTHLY DANCE PROGRAM 872 ATTENDEESExpenses $16,783
- ALL OTHER PROGRAMSExpenses $42,352
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 22-2249977
- 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
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A600)
- Assets (IRS master file)
- $228,419
- Income (IRS master file)
- $155,976
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $155,976 | $157,270 | $228,419 | XML |
| 990-EZ | December 2023 | $121,268 | $156,343 | $220,314 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Peggy Karr | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | 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 22-2249977).
Questions about THE FOLK PROJECT
- What is the EIN of THE FOLK PROJECT?
- The employer identification number (EIN) of THE FOLK PROJECT is 22-2249977.
- Is THE FOLK PROJECT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to THE FOLK PROJECT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FOLK PROJECT 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 THE FOLK PROJECT 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 THE FOLK PROJECT last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of THE FOLK PROJECT?
- The 990-N for 2020 names Peggy Karr.
- Who are the officers and directors of THE FOLK PROJECT?
- The 990-EZ for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does THE FOLK PROJECT have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $155,976, expenses of $157,270 and total assets of $228,419 at year end.
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