Nonprofit · EIN 26-0139992
GRATIS 7 MEDIA GROUP INC
Also known as Gratis 7 Media Group
Tax-exempt · BOULDER, CO 80302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $508,607 | $270,366 | $238,241 | $279,941 | $1,520 | $278,421 |
| December 31, 2024 | 990-PF | $19,903 | $30,898 | -$10,995 | $40,619 | $439 | $40,180 |
| December 31, 2023 | 990-PF | $80,448 | $109,658 | -$29,210 | $51,573 | $398 | $51,175 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $463,479
- Interest
- $6
- Other income
- $45,122
Expenses
- Grants and similar amounts paid
- $150
- Compensation of officers, directors and key employees
- $25,500
- Salaries, compensation and benefits (total)
- $24,000
- Disbursements for charitable purposes
- $266,957
Balance sheet and other
- Total assets, start of year
- $40,619
- Total assets, end of year
- $279,941
- Total liabilities, end of year
- $1,520
- Net assets, end of year
- $278,421
- Fair market value of assets
- $279,941
- Qualifying distributions
- $266,957
- Net investment income
- $6
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 |
|---|---|---|---|
| THOMAS C JOHNSTONE 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | PRESIDENT | 40 | $25,500 |
| REUBEN ZYLSTRA 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | SECRETARY | 1 | $0 |
| KEITH LAGE 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS C JOHNSTONE 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | PRESIDENT | 40 | $12,000 |
| REUBEN ZYLSTRA 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | SECRETARY | 1 | $0 |
| KEITH LAGE 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS C JOHNSTONE 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | PRESIDENT | 40 | $22,000 |
| REUBEN ZYLSTRA 432 WAGONWHEEL GAP RD, BOULDER, CO 80302 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 432 WAGONWHEEL GAP RD, BOULDER, CO 80302-9402
- In care of
- % THOMAS C JOHNSTONE JR
- Mailing address (990-N for 2009)
- 1805 Westmoor Dr, Austin TX 78723
- Principal officer (990-N for 2009)
- Thomas Johnstone, 1805 Westmoor Dr, Austin TX 78723
- Signed the 990-PF
- THOMAS JOHNSTONE, PRESIDENT
- Phone
- (805) 252-8966
- Website
- www.gratis7.org
- Return prepared by
- ATCHLEY & ASSOCIATES LLP
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
- 26-0139992
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A30)
- Assets (IRS master file)
- $279,941
- Income (IRS master file)
- $508,607
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $508,607 | $270,366 | $279,941 | IRS |
| 990-PF | December 2024 | $19,903 | $30,898 | $40,619 | IRS |
| 990-PF | December 2023 | $80,448 | $109,658 | $51,573 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: Thomas Johnstone | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-0139992).
Questions about GRATIS 7 MEDIA GROUP INC
- What is the EIN of GRATIS 7 MEDIA GROUP INC?
- The employer identification number (EIN) of GRATIS 7 MEDIA GROUP INC is 26-0139992.
- Is GRATIS 7 MEDIA GROUP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to GRATIS 7 MEDIA GROUP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does GRATIS 7 MEDIA GROUP INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRATIS 7 MEDIA GROUP 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 GRATIS 7 MEDIA GROUP 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 is the principal officer of GRATIS 7 MEDIA GROUP INC?
- The 990-N for 2009 names Thomas Johnstone.
- Who are the officers and directors of GRATIS 7 MEDIA GROUP INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $25,500 (THOMAS C JOHNSTONE, PRESIDENT).
- How much revenue does GRATIS 7 MEDIA GROUP INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $508,607, expenses of $270,366 and total assets of $279,941 at year end.
Other nonprofits in BOULDER
- SUNDANCE INSTITUTE EIN 87-0361394 · last filed 990 for 2025
- NATIONAL COUNCIL FOR STATE AUTHORIZATION RECIPROCITY AGREEMEN EIN 47-4382124 · last filed 990 for 2025
- GROUNDWORKS ART LAB INC EIN 27-0947724 · last filed 990 for 2025
- SHELBY AMERICAN COLLECTION EIN 84-1366547 · last filed 990 for 2025
- COLORADO MUSIC FESTIVAL EIN 84-0735716 · last filed 990 for 2025
- DAIRY CENTER FOR THE ARTS EIN 84-1149609 · last filed 990 for 2025
- PUBLIC MEDIA COMPANY EIN 84-1558401 · last filed 990 for 2024
- PARLANDO INCORPORATED EIN 81-0578549 · last filed 990 for 2025
All nonprofits in BOULDER · Colorado · Arts, culture and humanities