Nonprofit · EIN 26-1607103
MICHAEL A PETERSON FOUNDATION
Tax-exempt · NEW YORK, NY 10065
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2024 | 990-PF | $262,727 | $477,840 | -$215,113 | $6,335,079 | $0 | $6,335,079 |
Financial details: 990-PF for the year ended November 30, 2024
Revenue
- Dividends
- $206,589
- Interest
- $170
- Net gain from sales of assets
- $55,906
- Other income
- $62
Expenses
- Grants and similar amounts paid
- $461,200
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $469,840
- Excise tax on investment income
- $3,651
Balance sheet and other
- Total assets, start of year
- $6,550,192
- Total assets, end of year
- $6,335,079
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,335,079
- Fair market value of assets
- $8,440,497
- Qualifying distributions
- $469,840
- Net investment income
- $262,665
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 November 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL A PETERSON 1159 SECOND AVENUE BOX 436, NEW YORK, NY 10065 | DIRECTOR, CHAIRMAN, PRES, SECY | 1 | $0 |
| MICHAEL SHANKMAN 1159 SECOND AVENUE BOX 436, NEW YORK, NY 10065 | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1159 SECOND AVENUE BOX 436, NEW YORK, NY 10065-8505
- In care of
- % MICHAEL A PETERSON FOUNDATI
- Signed the 990-PF
- MICHAEL SHANKMAN, TREASURER
- Phone
- (212) 542-9247
- Return prepared by
- KPMG 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 November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | Not on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-1607103
- 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
- 2008
- Accounting year ends
- November
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $6,335,079
- Income (IRS master file)
- $771,513
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2024 | – | – | – | IRS |
| 990-PF | November 2023 | $542,738 | $397,222 | $6,550,192 | IRS |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MICHAEL A PETERSON FOUNDATION
- What is the EIN of MICHAEL A PETERSON FOUNDATION?
- The employer identification number (EIN) of MICHAEL A PETERSON FOUNDATION is 26-1607103.
- Is MICHAEL A PETERSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to MICHAEL A PETERSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MICHAEL A PETERSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MICHAEL A PETERSON FOUNDATION due?
- The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICHAEL A PETERSON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2024.
- Who are the officers and directors of MICHAEL A PETERSON FOUNDATION?
- The 990-PF for the year ended November 30, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does MICHAEL A PETERSON FOUNDATION have?
- On its 990-PF for the year ended November 30, 2024 it reported revenue of $262,727, expenses of $477,840 and total assets of $6,335,079 at year end.
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