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Nonprofit · EIN 62-1737208

KNOXVILLE MUSEUM OF ART FOUNDATION

Tax-exempt · KNOXVILLE, TN 37916

Financials

$257K$282K2022$3.3M$308K2023$814K$331K2024
Revenue Expenses · by fiscal year end
Financials of KNOXVILLE MUSEUM OF ART FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$813,635$330,669$482,966$11,605,761$0$11,605,761
June 30, 2024990$3,309,494$307,988$3,001,506$10,568,089$0$10,568,089
June 30, 2023990$257,217$282,295-$25,078$6,621,849$0$6,621,849
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$813,635
Net gain from sales of assets
$557,221
Other revenue
$0

Expenses

Grants and similar amounts paid
$286,221
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$286,221
Management and general (functional)
$44,448

Balance sheet and other

Total assets, start of year
$10,568,089
Total assets, end of year
$11,605,761
Total liabilities, end of year
$0
Net assets, end of year
$11,605,761
Publicly traded securities
$11,605,761
Net assets without donor restrictions
$7,557,964
Net assets with donor restrictions
$4,047,797
Gross receipts
$3,589,710
Employees
0
Volunteers
0
Year formed
1998
State of legal domicile
TN

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
STEPHEN BAILEYCHAIRMAN
Trustee or director, Officer
0$0
ALLISON LEDERERTRUSTEE
Trustee or director
0$0
RICHARD JANSENTRUSTEE
Trustee or director
0$0
L CAESAR STAIR IVTRUSTEE
Trustee or director
0$0
ROBERT S MARQUISSECRETARY/TREASURER
Trustee or director, Officer
0$0
KENNETH CREEDTRUSTEE
Trustee or director
0$0
JULIA BENTLEYTRUSTEE
Trustee or director
0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
STEPHEN BAILEYCHAIRMAN
Trustee or director, Officer
0$0
ALLISON LEDERERTRUSTEE
Trustee or director
0$0
RICHARD JANSENTRUSTEE
Trustee or director
0$0
L CAESAR STAIR IVTRUSTEE
Trustee or director
0$0
ROBERT S MARQUISSECRETARY/TREASURER
Trustee or director, Officer
0$0
KENNETH CREEDTRUSTEE
Trustee or director
0$0
JULIA BENTLEYTRUSTEE
Trustee or director
0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
STEPHEN BAILEYCHAIRMAN
Trustee or director, Officer
0$0
ALLISON LEDERERTRUSTEE
Trustee or director
0$0
RICHARD JANSENTRUSTEE
Trustee or director
0$0
L CAESAR STAIR IVTRUSTEE
Trustee or director
0$0
ROBERT S MARQUISSECRETARY/TREASURER
Trustee or director, Officer
0$0
KENNETH CREEDTRUSTEE
Trustee or director
0$0
RUSS JOHNSTONTRUSTEE
Trustee or director
0$0
JAY MCBRIDETRUSTEE
Trustee or director
0$0

Address and contacts

Address (IRS master file)
1050 WORLDS FAIR PARK DR, KNOXVILLE, TN 37916-1653
Principal officer (990 for 2024)
STEVE BAILEY, 1050 WORLDS FAIR PARK DRIVE, KNOXVILLE, TN 379161653
Signed the 990
STEVE BAILEY, CHAIRMAN OF THE BOARD
Phone
(865) 525-6101
Return prepared by
BIBLE HARRIS SMITH PC

Mission

TO PROVIDE FINANCIAL SUPPORT FOR THE KNOXVILLE MUSEUM OF ART.

990 for the year ended June 30, 2025

Program accomplishments

  • DISTRIBUTION TO KNOXVILLE MUSEUM OF ART
    Expenses $286,221 · grants $286,221

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
62-1737208
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
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,605,761
Income (IRS master file)
$3,589,710

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$813,635$330,669$11,605,761XML
990June 2024$3,309,494$307,988$10,568,089XML
990June 2023$257,217$282,295$6,621,849XML
990June 2022$253,827$283,646$6,020,461IRS
990June 2021–––IRS
990June 2020–––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 62-1737208).

Questions about KNOXVILLE MUSEUM OF ART FOUNDATION

What is the EIN of KNOXVILLE MUSEUM OF ART FOUNDATION?
The employer identification number (EIN) of KNOXVILLE MUSEUM OF ART FOUNDATION is 62-1737208.
Is KNOXVILLE MUSEUM OF ART FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to KNOXVILLE MUSEUM OF ART FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does KNOXVILLE MUSEUM OF ART FOUNDATION 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 KNOXVILLE MUSEUM OF ART FOUNDATION 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 KNOXVILLE MUSEUM OF ART FOUNDATION 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 KNOXVILLE MUSEUM OF ART FOUNDATION?
The 990 for the year ended June 30, 2025 names STEVE BAILEY.
Who are the officers and directors of KNOXVILLE MUSEUM OF ART FOUNDATION?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does KNOXVILLE MUSEUM OF ART FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $813,635, expenses of $330,669 and total assets of $11,605,761 at year end.

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