Nonprofit · EIN 55-0820407
RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE
Tax-exempt · LOUISVILLE, KY 40212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $111,932 | $175,037 | -$63,105 | $262,730 | $0 | $262,730 |
| December 31, 2023 | 990 | $222,737 | $204,694 | $18,043 | $325,835 | $0 | $325,835 |
| December 31, 2022 | 990 | $253,929 | $179,589 | $74,340 | $307,792 | $0 | $307,792 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $98,000
- Program service revenue
- $13,932
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $16,558
- Program services (functional)
- $175,037
Balance sheet and other
- Total assets, start of year
- $325,835
- Total assets, end of year
- $262,730
- Total liabilities, end of year
- $0
- Net assets, end of year
- $262,730
- Net assets without donor restrictions
- $262,730
- Gross receipts
- $111,932
- Employees
- 0
- Year formed
- 2002
- State of legal domicile
- KY
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEROME BAKER | EXECUTIVE DIRECTOR Key employee | 40 | $44,500 |
| LYNN RIPPY | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES W DOBBINS JR | DIRECTOR Trustee or director | 2 | $0 |
| MARJORIE DUNN | DIRECTOR Trustee or director | 2 | $0 |
| DAMIAN THOMPSON | BOARD CHAIR Officer | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEROME BAKER | EXECUTIVE DIRECTOR Key employee | 40 | $51,753 |
| ALBERT SHUMAKE | EXECUTIVE DIRECTOR Key employee | 40 | $23,360 |
| LYNN RIPPY | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES W DOBBINS JR | DIRECTOR Trustee or director | 2 | $0 |
| MARJORIE DUNN | DIRECTOR Trustee or director | 2 | $0 |
| DAMIAN THOMPSON | BOARD CHAIR Officer | 5 | $0 |
990 for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERT SHUMAKE | EXECUTIVE DIRECTOR Key employee | 40 | $70,158 |
| DAMIAN THOMPSON | BOARD CHAIR Trustee or director, Officer | 5 | $0 |
| LYNN RIPPEY | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES DOBBINS III | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2423 W MUHAMMAD ALI BLVD, LOUISVILLE, KY 40212-1757
- In care of
- % EDWARD WHITE
- Principal officer (990 for 2024)
- Damian Thompson, 3308 CHAUNCEY AVENUE, Louisville, KY 40211
- Signed the 990
- Damian Thompson, Chairman
- Phone
- (502) 772-7660
- Return prepared by
- Charles Alexander III CPA
Mission
BUILD YOUTHS SELF-ESTEEM WHILE EXPOSING THEM TO VARIOUS CULTURALLY ENRICHING EXPERIENCES.
Program accomplishments
- HELPED TO BUILD YOUTHS SELF-ESTEEM WHILE EXPOSING THEM TO VARIOUS CULTURALLY ENRICHING EXPERIENCES IN WHICH THE YOUTH PARTICIPATED.Expenses $175,037 · revenue $111,932
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 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 55-0820407
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A6C)
- Assets (IRS master file)
- $262,730
- Income (IRS master file)
- $111,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $111,932 | $175,037 | $262,730 | XML |
| 990 | December 2023 | $222,737 | $204,694 | $325,835 | XML |
| 990 | December 2022 | $253,929 | $179,589 | $307,792 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 55-0820407).
Questions about RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE
- What is the EIN of RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE?
- The employer identification number (EIN) of RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE is 55-0820407.
- Is RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE 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 RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE?
- The 990 for the year ended December 31, 2024 names Damian Thompson.
- Who are the officers and directors of RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $44,500 (JEROME BAKER, EXECUTIVE DIRECTOR).
- How much revenue does RIVER CITY DRUM CORP CULTURAL ARTS INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $111,932, expenses of $175,037 and total assets of $262,730 at year end.
Other nonprofits in LOUISVILLE
- AMERICAN PRINTING HOUSE FOR THE BLIND INC EIN 61-0444640 · last filed 990 for 2025
- J B SPEED ART MUSEUM EIN 61-0444823 · last filed 990 for 2025
- THE LOUISVILLE ORCHESTRA INC EIN 61-6000384 · last filed 990 for 2025
- LOUISVILLE THEATRICAL ASSOCIATION EIN 61-6000383 · last filed 990 for 2025
- KENTUCKY DANCE COUNCIL INC EIN 61-6033779 · last filed 990 for 2026
- ADVENTUROUS MINDS PRODUCE EXTRAORDINARY DREAMS INC EIN 47-1113120 · last filed 990 for 2025
- NATIONAL SOCIETY OF THE SONS OF THE AMERICAN REVOLUTION EIN 53-0116355 · last filed 990 for 2024
- KENTUCKY PUBLIC RADIO INC EIN 61-1259787 · last filed 990 for 2025
All nonprofits in LOUISVILLE · Kentucky · Arts, culture and humanities