Nonprofit · EIN 31-1644348
FRANK K SPAIN FOUNDATION INC
Tax-exempt · TUPELO, MS 38803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $166,551 | $574,045 | -$407,494 | $7,260,733 | $0 | $7,260,733 |
| June 30, 2024 | 990-PF | -$123,181 | $577,800 | -$700,981 | $7,668,327 | $0 | $7,668,327 |
| June 30, 2023 | 990-PF | $187,877 | $492,126 | -$304,249 | $8,339,745 | $0 | $8,339,745 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $13,291
- Dividends
- $105,749
- Interest
- $35,001
- Net gain from sales of assets
- $12,510
Expenses
- Grants and similar amounts paid
- $358,926
- Compensation of officers, directors and key employees
- $15,000
- Disbursements for charitable purposes
- $358,926
- Excise tax on investment income
- $1,780
Balance sheet and other
- Total assets, start of year
- $7,668,327
- Total assets, end of year
- $7,260,733
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,260,733
- Fair market value of assets
- $6,655,165
- Qualifying distributions
- $358,926
- Net investment income
- $153,260
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTIN BUSE 88 SHADY ACRES, TUPELO, MS 38804 | TREASURER | 0 | $15,000 |
| PHIL SULLIVAN 1239 WINWOOD COVE, TUPELO, MS 38801 | VICE PRESIDE | 0 | $0 |
| MATTHEW M DEE P O BOX 1149, HOBE SOUND, FL 334751149 | DIRECTOR | 0 | $0 |
| JANE DEE SPAIN P O BOX 3477, TUPELO, MS 38803 | PRESIDENT | 0 | $0 |
| JENNIFER DENNINGTON 554 ROAD 870, PLANTERSVILLE, MS 38862 | DIRECTOR | 0 | $0 |
| JILL LINGARD 101 SEDGEBROOK DRIVE, RIVERVIEW, FL 33569 | DIRECTOR | 0 | $0 |
990-PF for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTIN BUSE 88 SHADY ACRES, TUPELO, MS 38804 | TREASURER | 0 | $15,000 |
| PHIL SULLIVAN 1239 WINWOOD COVE, TUPELO, MS 38801 | VICE PRESIDE | 0 | $0 |
| MATTHEW M DEE P O BOX 1149, HOBE SOUND, FL 334751149 | DIRECTOR | 0 | $0 |
| JANE DEE SPAIN P O BOX 3477, TUPELO, MS 38803 | PRESIDENT | 0 | $0 |
| JENNIFER DENNINGTON 554 ROAD 870, PLANTERSVILLE, MS 38862 | DIRECTOR | 0 | $0 |
| JILL LINGARD 101 SEDGEBROOK DRIVE, RIVERVIEW, FL 33569 | DIRECTOR | 0 | $0 |
990-PF for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTIN BUSE 88 SHADY ACRES, TUPELO, MS 38804 | TREASURER | 1 | $15,000 |
| PHIL SULLIVAN 1239 WINWOOD COVE, TUPELO, MS 38801 | VICE PRESIDE | 0.25 | $0 |
| MATTHEW M DEE P O BOX 1149, HOBE SOUND, FL 334751149 | DIRECTOR | 0.25 | $0 |
| JANE DEE SPAIN P O BOX 3477, TUPELO, MS 38803 | PRESIDENT | 3 | $0 |
| JENNIFER DENNINGTON 554 ROAD 870, PLANTERSVILLE, MS 38862 | DIRECTOR | 0.25 | $0 |
| JILL LINGARD 101 SEDGEBROOK DRIVE, RIVERVIEW, FL 33569 | DIRECTOR | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3477, TUPELO, MS 38803-3477
- Signed the 990-PF
- JANE DEE SPAIN, PRESIDENT
- Phone
- (662) 401-5326
- Return prepared by
- ORSBORN SUTPHEN & O'NEAL PA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 31-1644348
- 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
- 1999
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A50)
- Assets (IRS master file)
- $7,260,733
- Income (IRS master file)
- $166,551
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $166,551 | $574,045 | $7,260,733 | IRS |
| 990-PF | June 2024 | -$123,181 | $577,800 | $7,668,327 | XML |
| 990-PF | June 2023 | $187,877 | $492,126 | $8,339,745 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 31-1644348).
Questions about FRANK K SPAIN FOUNDATION INC
- What is the EIN of FRANK K SPAIN FOUNDATION INC?
- The employer identification number (EIN) of FRANK K SPAIN FOUNDATION INC is 31-1644348.
- Is FRANK K SPAIN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to FRANK K SPAIN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does FRANK K SPAIN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FRANK K SPAIN FOUNDATION INC 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 FRANK K SPAIN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of FRANK K SPAIN FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $15,000 (KRISTIN BUSE, TREASURER).
- How much revenue does FRANK K SPAIN FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $166,551, expenses of $574,045 and total assets of $7,260,733 at year end.
Other nonprofits in TUPELO
- CHICKASAW INKANA FOUNDATION EIN 47-1377524 · last filed 990 for 2025
- WILEMON FOUNDATION INC EIN 64-0923957 · last filed 990-PF for 2025
- NORTH MS SYMPHONY ORCHESTRA EIN 23-7228350 · last filed 990 for 2026
- TUPELO COMMUNITY THEATRE INC EIN 64-0501302 · last filed 990 for 2025
- GUM TREE MUSEUM OF ART INC EIN 64-0665099 · last filed 990 for 2024
- CIVIC BALLET EIN 81-5394140 · last filed 990-EZ for 2025
- DONIPHAN DANCE PROJECT EIN 82-4991204 · last filed 990-EZ for 2025
- EYE HEAR U FOUNDATION EIN 92-4017920 · last filed 990-PF for 2024
All nonprofits in TUPELO · Mississippi · Arts, culture and humanities