Nonprofit · EIN 27-4013351
FABULOUS ARTS FOUNDATION INC
Tax-exempt · SARASOTA, FL 34234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-EZ | $83,533 | $81,707 | $1,826 | $35,337 | – | $34,216 |
Financial details: 990-EZ for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $83,533
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $21,254
- Occupancy
- $24,200
- Printing, publications and postage
- $3,816
- Other expenses
- $32,437
Balance sheet and other
- Total assets, start of year
- $32,390
- Total assets, end of year
- $35,337
- Total liabilities, end of year
- –
- Net assets, end of year
- $34,216
- Cash, savings and investments
- $35,337
- Gross receipts
- $83,533
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Salvador | Vice President | 4 | $0 |
| Kristin B Burnett | Officer | 4 | $0 |
| Eska Palmer | Officer | 4 | $0 |
| Nicole Pejovich | Secretary | 4 | $0 |
| MJ Jianelli | Treasurer | 8 | $0 |
| Shannon Fortner | Founder/President | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1342 17TH ST, SARASOTA, FL 34234-8423
- In care of
- % SHANNON FORTNER
- Mailing address (990-N for 2023)
- 1201 N Lime Ave, Sarasota FL 34237
- Principal officer (990-N for 2023)
- Shannon Fortner, 1342 17th Street, Sarasota FL 34234
- Signed the 990-EZ
- Mackenzie Jianelli, Board Treasurer
- Phone
- (941) 228-4872
- Website
- www.fabaf.org
Mission
To support, promote, and advance the arts as a vehicle for inclusion, visibility, and community well-being?particularly for LGBTQ+ individuals and allies.
Program accomplishments
- 0-99 The Art of a Rainbow Life: Still Here, Still Becoming is an intergenerational exhibition celebrating queer life, resilience, transformation, memory, and becoming across generations. This exhibition aslo included several community workshops for artists of all ages (0-99) showcasing a variety of different types of art through their lens.
- Community drop in center for education, resources, pantry needs, and workshops. Approximately 1,511 benefitted.
- Provided Mental Health Services to 450 clients.
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990-EZ on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-N on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990-N on file |
IRS record
- EIN
- 27-4013351
- 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
- 2012
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R26)
- Assets (IRS master file)
- $35,337
- Income (IRS master file)
- $83,533
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | October 2025 | $83,533 | $81,707 | $35,337 | IRS |
| 990-N for 2023 Officer: Shannon Fortner | October 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Shannon Fortner | October 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Shannon Fortner | October 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Shannon Fortner | October 31, 2019 | ≤ $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 27-4013351).
Questions about FABULOUS ARTS FOUNDATION INC
- What is the EIN of FABULOUS ARTS FOUNDATION INC?
- The employer identification number (EIN) of FABULOUS ARTS FOUNDATION INC is 27-4013351.
- Is FABULOUS ARTS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to FABULOUS ARTS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FABULOUS ARTS 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 FABULOUS ARTS FOUNDATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FABULOUS ARTS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended October 2025.
- Who is the principal officer of FABULOUS ARTS FOUNDATION INC?
- The 990-N for 2023 names Shannon Fortner.
- Who are the officers and directors of FABULOUS ARTS FOUNDATION INC?
- The 990-EZ for the year ended October 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does FABULOUS ARTS FOUNDATION INC have?
- On its 990-EZ for the year ended October 31, 2025 it reported revenue of $83,533, expenses of $81,707 and total assets of $35,337 at year end.
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All nonprofits in SARASOTA · Florida · Civil rights, social action and advocacy