Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 56-1185159

SEMANS ART FUND

Tax-exempt · WINSTON SALEM, NC 27127

Financials

$136K$186K2023$173K$185K2024
Revenue Expenses · by fiscal year end
Financials of SEMANS ART FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$172,642$184,847-$12,205$6,005,291$24,909$5,980,382
June 30, 2024990$136,039$185,791-$49,752$5,463,352$23,903$5,439,449
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$172,642
Other revenue
$0

Expenses

Grants and similar amounts paid
$137,907
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,575
Program services (functional)
$137,907
Management and general (functional)
$46,940

Balance sheet and other

Total assets, start of year
$5,463,352
Total assets, end of year
$6,005,291
Total liabilities, end of year
$24,909
Net assets, end of year
$5,980,382
Publicly traded securities
$5,293,919
Net assets without donor restrictions
$3,113,777
Net assets with donor restrictions
$2,866,605
Gross receipts
$172,642
Employees
0
Volunteers
4
Year formed
1977
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
Beth C LucasVice President
Trustee or director, Officer
1$0
David R SniderSecretary
Trustee or director, Officer
1$0
David WinslowTreasurer
Trustee or director, Officer
1$0
Matthew C HarrisPresident
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
Beth C LucasVice President
Trustee or director, Officer
1$0
David R SniderSecretary
Trustee or director, Officer
1$0
David WinslowTreasurer
Trustee or director, Officer
1$0
Matthew C HarrisPresident
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1533 S MAIN ST, WINSTON SALEM, NC 27127-2738
In care of
% NORTH CAROLINA SCHOOL OF THE ARTS
Principal officer (990 for 2024)
Matthew C Harris, 1533 South Main Street, WinstonSalem, NC 27127
Signed the 990
Cynthia Liberty, Executive Director
Phone
(336) 770-3333
Return prepared by
Forvis Mazars LLP

Mission

TO AID AND SUPPORT STUDENTS AND PROGRAMS OF THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS

990 for the year ended June 30, 2025

Program accomplishments

  • THE SEMANS ART FUND'S PRIMARY OBJECTIVE IS TO PROVIDE FINANCIAL ASSISTANCE TO AID AND PROMOTE THE CURRICULAR AND SPECIAL PROGRAMS OF THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS IN THE CONCENTRATIONS OF MUSIC, DRAMA, DANCE, FILMMAKING, AND STAGE DESIGN AND PRODUCTION
    Expenses $137,907 · grants $137,907

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1185159
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1977
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,005,291
Income (IRS master file)
$172,642

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$172,642$184,847$6,005,291IRS
990June 2024$136,039$185,791$5,463,352XML
990June 2023$66,819$161,130$5,129,613IRS
990June 2022$421,433$138,478$5,025,233IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 56-1185159).

Questions about SEMANS ART FUND

What is the EIN of SEMANS ART FUND?
The employer identification number (EIN) of SEMANS ART FUND is 56-1185159.
Is SEMANS ART FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to SEMANS ART FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does SEMANS ART FUND 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 SEMANS ART FUND 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 SEMANS ART FUND 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 SEMANS ART FUND?
The 990 for the year ended June 30, 2025 names Matthew C Harris.
Who are the officers and directors of SEMANS ART FUND?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does SEMANS ART FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $172,642, expenses of $184,847 and total assets of $6,005,291 at year end.

Other nonprofits in WINSTON SALEM

All nonprofits in WINSTON SALEM · North Carolina