Nonprofit · EIN 27-0440123
MASONIC THEATRE PRESERVATION FOUNDATION
Tax-exempt · CLIFTON FORGE, VA 24422
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $701,448 | $808,494 | -$107,046 | $7,641,736 | $6,950 | $7,634,786 |
| June 30, 2024 | 990 | $599,733 | $782,017 | -$182,284 | $7,775,629 | $33,797 | $7,741,832 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $423,606
- of which government grants
- $356,930
- Program service revenue
- $222,252
- Investment income
- $4,120
- Net income from sales of inventory
- $30,304
- Other revenue
- $51,470
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $54,890
- Other salaries and wages
- $88,423
- Salaries, compensation and benefits (total)
- $154,276
- Professional fundraising fees
- $0
- Legal fees
- $545
- Accounting fees
- $5,160
- Occupancy
- $109,396
- Travel
- $2,119
- Depreciation
- $268,552
- Program services (functional)
- $758,993
- Management and general (functional)
- $49,501
Balance sheet and other
- Total assets, start of year
- $7,775,629
- Total assets, end of year
- $7,641,736
- Total liabilities, end of year
- $6,950
- Net assets, end of year
- $7,634,786
- Land, buildings and equipment
- $7,252,963
- Net assets without donor restrictions
- $7,634,786
- Gross receipts
- $716,188
- Employees
- 9
- Year formed
- 2009
- State of legal domicile
- VA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERESA HAMMOND | EXECUTIVE DI Trustee or director, Officer | 40 | $33,250 |
| JUSTIN REITER | EXECUTIVE DI Trustee or director, Officer | 40 | $21,640 |
| BRUCE LOVING | PRESIDENT Trustee or director, Officer | 5 | $0 |
| GAYLE HILLERT | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| MICHAEL FOSTER | TREASURER Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN REITER | EXECUTIVE DI Trustee or director, Officer | 40 | $78,600 |
| TERESA HAMMOND | EXECUTIVE DI Trustee or director, Officer | 20 | $0 |
| BRUCE LOVING | PRESIDENT Trustee or director, Officer | 5 | $0 |
| GAYLE HILLERT | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| MICHAEL FOSTER | TREASURER Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 119, CLIFTON FORGE, VA 24422-0119
- In care of
- % WILLIAM J RAY
- Principal officer (990 for 2024)
- TERESA HAMMOND, 510 MAIN ST, CLIFTON FORGE, VA 24422
- Signed the 990
- TERESA HAMMOND, EXECUTIVE DIRECTOR
- Phone
- (540) 862-4293
- Return prepared by
- PERSINGER COMPANY CPAS INC
Mission
THE MISSION OF THE MASONIC THEATRE PRESERVATION FOUNDATION IS TO SERVE THE GREATER ALLEGHANY HIGHLANDS COMMUNITY WITH A VARIETY OF EDUCATIONAL, ENTERTAINMENT, BUSINESS, AND SOCIAL PROGRAMS TO SUPPORT THE REVITALIZED HISTORIC MASONIC THEATRE.
Program accomplishments
- THE MASONIC THEATRE PRESERVATION FOUNDATION SERVES THE GREATER ALLEGHANY HIGHLANDS COMMUNITY WITH A VARIETY OF EDUCATIONAL, ENTERTAINMENT, BUSINESS, AND SOCIAL PROGRAMS; AND PARTNERS WITH ORGANIZATIONS IN NEED OF A FACILITY TO HOST PROGRAMS. BY DOING SO, THE MASONIC THEATRE AND AMPHITHEATRE IS UTILIZED IN PROVIDING FIRST-CLASS VENUES FOR THE PERFORMING ARTS AS WELL AS MULTI-USE SPACE FOR COMMUNITY ACTIVITIES.Expenses $758,993
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0440123
- 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
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A82)
- Assets (IRS master file)
- $7,641,736
- Income (IRS master file)
- $716,188
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $701,448 | $808,494 | $7,641,736 | XML |
| 990 | June 2024 | $599,733 | $782,017 | $7,775,629 | XML |
| 990 | June 2023 | $477,311 | $802,945 | $8,000,446 | IRS |
| 990 | June 2022 | $457,058 | $94,698 | $6,044,823 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 27-0440123).
Questions about MASONIC THEATRE PRESERVATION FOUNDATION
- What is the EIN of MASONIC THEATRE PRESERVATION FOUNDATION?
- The employer identification number (EIN) of MASONIC THEATRE PRESERVATION FOUNDATION is 27-0440123.
- Is MASONIC THEATRE PRESERVATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to MASONIC THEATRE PRESERVATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASONIC THEATRE PRESERVATION FOUNDATION 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 MASONIC THEATRE PRESERVATION FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASONIC THEATRE PRESERVATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MASONIC THEATRE PRESERVATION FOUNDATION?
- The 990 for the year ended June 30, 2025 names TERESA HAMMOND.
- Who are the officers and directors of MASONIC THEATRE PRESERVATION FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $33,250 (TERESA HAMMOND, EXECUTIVE DI).
- How much revenue does MASONIC THEATRE PRESERVATION FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $701,448, expenses of $808,494 and total assets of $7,641,736 at year end.
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