Nonprofit · EIN 58-1647495
GOSPEL MUSIC TRUST FUND INC
Tax-exempt · BRENTWOOD, TN 37024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF (amended) | $186,874 | $183,934 | $2,940 | $3,298,388 | $0 | $3,298,388 |
| December 31, 2023 | 990-PF | $108,338 | $121,312 | -$12,974 | $3,141,038 | $119,953 | $3,021,085 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $39,122
- Dividends
- $97,799
- Interest
- $149
- Net gain from sales of assets
- $49,804
Expenses
- Grants and similar amounts paid
- $143,722
- Disbursements for charitable purposes
- $143,722
- Excise tax on investment income
- $1,361
Balance sheet and other
- Total assets, start of year
- $3,141,038
- Total assets, end of year
- $3,298,388
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,298,388
- Fair market value of assets
- $3,400,349
- Qualifying distributions
- $143,722
- Net investment income
- $97,948
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROLAND LUNDY 10 CADILLAC DR STE 190, BRENTWOOD, TN 37027 | PRESIDENT | 0 | $0 |
| BILL GAITHER PO BOX 737, ALEXANDRIA, IN 46001 | VICE PRESIDE | 0 | $0 |
| ED HARPER PO BOX 144, GOODLETTSVILLE, TN 37070 | TREASURER | 0 | $0 |
| KEN HARDING 741 COOL SPRINGS BLVD, FRANKLIN, TN 37067 | SECRETARY | 0 | $0 |
| ROGER HOLMES 1035 BATES COURT, HENDERSONVILLE, TN 37075 | TRUSTEE | 0 | $0 |
| DARRELL HARRIS 417 HOPE AVE, FRANKLIN, TN 37067 | TRUSTEE | 0 | $0 |
| JACKIE PATILLO PO BOX 22697, NASHVILLE, TN 37202 | TRUSTEE | 0 | $0 |
| AMY GRANT 515 PARK CENTER DRIVE, NASHVILLE, TN 37205 | TRUSTEE | 0 | $0 |
| GERALD WOLFE 2969 AMESBURY DRIVE, MORRISTOWN, TN 37814 | TRUSTEE | 0 | $0 |
| TERRY HEMMINGS 741 COOL SPRINGS BLVD, FRANKLIN, TN 37067 | TRUSTEE | 0 | $0 |
| PAUL SIZELOVE 101 WINNERS CIRCLE NORTH SUITE 123, BRENTWOOD, TN 37027 | TRUSTEE | 0 | $0 |
| VELVET KELM PO BOX 273, FRANKLIN, TN 37065 | TRUSTEE | 0 | $0 |
| EJ GAINES 2550 MERIDIAN BLVD SUITE 350, FRANKLIKN, TN 37067 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROLAND LUNDY 10 CADILLAC DR STE 190, BRENTWOOD, TN 37027 | PRESIDENT | 0 | $0 |
| BILL GAITHER PO BOX 737, ALEXANDRIA, IN 46001 | VICE PRESIDE | 0 | $0 |
| ED HARPER PO BOX 144, GOODLETTSVILLE, TN 37070 | TREASURER | 0 | $0 |
| KEN HARDING 741 COOL SPRINGS BLVD, FRANKLIN, TN 37067 | SECRETARY | 0 | $0 |
| ROGER HOLMES 1035 BATES COURT, HENDERSONVILLE, TN 37075 | TRUSTEE | 0 | $0 |
| DARRELL HARRIS 417 HOPE AVE, FRANKLIN, TN 37067 | TRUSTEE | 0 | $0 |
| JACKIE PATILLO PO BOX 22697, NASHVILLE, TN 37202 | TRUSTEE | 0 | $0 |
| AMY GRANT 515 PARK CENTER DRIVE, NASHVILLE, TN 37205 | TRUSTEE | 0 | $0 |
| GERALD WOLFE 2969 AMESBURY DRIVE, MORRISTOWN, TN 37814 | TRUSTEE | 0 | $0 |
| TERRY HEMMINGS 741 COOL SPRINGS BLVD, FRANKLIN, TN 37067 | TRUSTEE | 0 | $0 |
| PAUL SIZELOVE 101 WINNERS CIRCLE NORTH SUITE 123, BRENTWOOD, TN 37027 | TRUSTEE | 0 | $0 |
| VELVET KELM PO BOX 273, FRANKLIN, TN 37065 | TRUSTEE | 0 | $0 |
| EJ GAINES 2550 MERIDIAN BLVD SUITE 350, FRANKLIKN, TN 37067 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 932, BRENTWOOD, TN 37024-0932
- Signed the 990-PF
- ROLAND LUNDY, PRESIDENT
- Phone
- (615) 371-6802
- Website
- WWW.GOSPELMUSICTRUSTFUND.ORG
- Return prepared by
- BLANKENSHIP CPA GROUP PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 58-1647495
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,335,838
- Income (IRS master file)
- $789,398
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $186,874 | $183,934 | $3,298,388 | IRS |
| 990-PF | December 2023 | $108,338 | $121,312 | $3,141,038 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 58-1647495).
Questions about GOSPEL MUSIC TRUST FUND INC
- What is the EIN of GOSPEL MUSIC TRUST FUND INC?
- The employer identification number (EIN) of GOSPEL MUSIC TRUST FUND INC is 58-1647495.
- Is GOSPEL MUSIC TRUST FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to GOSPEL MUSIC TRUST FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GOSPEL MUSIC TRUST FUND INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GOSPEL MUSIC TRUST FUND INC 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 GOSPEL MUSIC TRUST FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of GOSPEL MUSIC TRUST FUND INC?
- The 990-PF for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does GOSPEL MUSIC TRUST FUND INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $186,874, expenses of $183,934 and total assets of $3,298,388 at year end.
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