Nonprofit · EIN 54-1415937
FOLK ART SOCIETY OF AMERICA
Tax-exempt · RICHMOND, VA 23226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $26,992 | $66,530 | -$39,538 | $108,869 | $0 | $108,869 |
| December 31, 2024 | 990-EZ | $37,401 | $62,791 | -$25,390 | $148,407 | $0 | $148,407 |
| December 31, 2023 | 990-EZ | $50,128 | $60,101 | -$9,973 | $173,797 | $0 | $173,797 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $25,451
- Investment income
- $1,541
Expenses
- Grants and similar amounts paid
- $250
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,030
- Occupancy
- $8,650
- Printing, publications and postage
- $52,545
- Other expenses
- $3,055
- Program services (functional)
- $66,530
Balance sheet and other
- Total assets, start of year
- $148,407
- Total assets, end of year
- $108,869
- Total liabilities, end of year
- $0
- Net assets, end of year
- $108,869
- Cash, savings and investments
- $108,869
- Gross receipts
- $26,992
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ann Oppenhimer | Executive Director | 40 | $0 |
| James Sellman | President | 1 | $0 |
| William Oppenhimer | Chief Financial Officer | 5 | $0 |
| Mary K McDonald | Vice President | 1 | $0 |
| Vernon Carter | Member at Large | 1 | $0 |
| Barbara Sellman | Member at Large | 1 | $0 |
| Brian Sieveking | Member at Large | 1 | $0 |
| Allison Jones Vogler | Member at Large | 1 | $0 |
| John Willet | Member at Large | 1 | $0 |
990-EZ for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ann Oppenhimer | Executive Director | 40 | $0 |
| James Sellman | President | 1 | $0 |
| William Oppenhimer | Chief Financial Officer | 5 | $0 |
| Mary K McDonald | Vice President | 1 | $0 |
| Vernon Carter | Member at Large | 1 | $0 |
| Barbara Sellman | Member at Large | 1 | $0 |
| Brian Sieveking | Member at Large | 1 | $0 |
| Allison Jones Vogler | Member at Large | 1 | $0 |
| John Willet | Member at Large | 1 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ann Oppenhimer | Executive Director | 40 | $0 |
| James Sellman | President | 1 | $0 |
| William Oppenhimer | Chief Financial Officer | 10 | $0 |
| Mary K McDonald | Vice President | 1 | $0 |
| Vernon Carter | Member at Large | 1 | $0 |
| Barbara Sellman | Member at Large | 1 | $0 |
| Brian Sieveking | Member at Large | 1 | $0 |
| Allison Jones Vogler | Member at Large | 1 | $0 |
| John Willet | Member at Large | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 17041, RICHMOND, VA 23226-7041
- Signed the 990-EZ
- Ann Oppenhimer, Executive Director
- Phone
- (804) 355-6709
- Website
- WWW.FOLKART.ORG
- Return prepared by
- Pilc & Moseley LLC
Mission
Educational
Program accomplishments
- Publication of Folk Art Messenger Magazine, 600 clients, 3x a year, educational articles, reviews, news, photos, calander, historyExpenses $51,546
- Maintenance of office and library open to the public.Expenses $8,650
- Revision and maintenance of website and Facebook page, articles,news, photos, calandar, and history.Expenses $2,030
- MiscExpenses $4,304 · grants $250
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 54-1415937
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A200)
- Assets (IRS master file)
- $108,869
- Income (IRS master file)
- $26,992
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $26,992 | $66,530 | $108,869 | XML |
| 990-EZ | December 2024 | $37,401 | $62,791 | $148,407 | IRS |
| 990-EZ | December 2023 | $50,128 | $60,101 | $173,797 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 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 54-1415937).
Questions about FOLK ART SOCIETY OF AMERICA
- What is the EIN of FOLK ART SOCIETY OF AMERICA?
- The employer identification number (EIN) of FOLK ART SOCIETY OF AMERICA is 54-1415937.
- Is FOLK ART SOCIETY OF AMERICA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to FOLK ART SOCIETY OF AMERICA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOLK ART SOCIETY OF AMERICA file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FOLK ART SOCIETY OF AMERICA 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 FOLK ART SOCIETY OF AMERICA last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FOLK ART SOCIETY OF AMERICA?
- The 990-EZ for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FOLK ART SOCIETY OF AMERICA have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $26,992, expenses of $66,530 and total assets of $108,869 at year end.
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