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Nonprofit · EIN 63-0899081

GADSDEN CULTURAL ARTS FOUNDATION INC

Tax-exempt · GADSDEN, AL 35902

Financials

$1.6M$1.7M2023$1.7M$1.7M2024$3.3M$1.7M2025
Revenue Expenses · by fiscal year end
Financials of GADSDEN CULTURAL ARTS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,255,285$1,686,695$1,568,590$5,221,475$9,901$5,211,574
December 31, 2024990$1,670,005$1,739,160-$69,155$3,652,699$9,715$3,642,984
December 31, 2023990$1,622,766$1,683,065-$60,299$3,722,135$9,997$3,712,138
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,909,788
of which government grants
$499,100
Membership dues
$22,350
Program service revenue
$864,386
Investment income
$462,101
Net gain from sales of assets
$402,618
Net income from fundraising events
$15,239
Other revenue
$19,010

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$1,013,578
Professional fundraising fees
$0
Accounting fees
$18,305
Occupancy
$125,256
Travel
$5,648
Depreciation
$163,205
Program services (functional)
$838,541
Management and general (functional)
$848,154

Balance sheet and other

Total assets, start of year
$3,652,699
Total assets, end of year
$5,221,475
Total liabilities, end of year
$9,901
Net assets, end of year
$5,211,574
Land, buildings and equipment
$2,150,194
Publicly traded securities
$2,717,433
Net assets without donor restrictions
$5,211,574
Gross receipts
$4,592,480
Employees
28
Volunteers
0
Year formed
1989
State of legal domicile
AL

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BEVERLY PHILLIPSDIRECTOR
Trustee or director
0$0
CODY ROBINSONDIRECTOR
Trustee or director
0$0
BO ARTHURDIRECTOR
Trustee or director
0$0
JESSICA BROWNVICE CHAIRMAN
Trustee or director, Officer
0$0
CATHERINE BAILEYDIRECTOR
Trustee or director
0$0
ALIE CAUSEYDIRECTOR
Trustee or director
0$0
HELENE HALLERDIRECTOR
Trustee or director
0$0
KAY MOORETREASURER
Trustee or director, Officer
0$0
MAMTA MISHRADIRECTOR
Trustee or director
0$0
CATHERINE MARTINCHAIRMAN
Trustee or director, Officer
0$0
TERESA RHEADIRECTOR
Trustee or director
0$0
SPENCER WILLIAMSDIRECTOR
Trustee or director
0$0
RUTH MOFFATTDIRECTOR
Trustee or director
0$0
JOHN TRONCALEDIRECTOR
Trustee or director
0$0
STEPHANIE SIMMONSDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensation
BEVERLY PHILLIPSDIRECTOR
Trustee or director
0$0
CODY ROBINSONDIRECTOR
Trustee or director
0$0
BO ARTHURDIRECTOR
Trustee or director
0$0
JESSICA BROWNVICE CHAIRMAN
Trustee or director, Officer
0$0
CATHERINE BAILEYDIRECTOR
Trustee or director
0$0
ALIE CAUSEYDIRECTOR
Trustee or director
0$0
HELENE HALLERDIRECTOR
Trustee or director
0$0
KAY MOORETREASURER
Trustee or director, Officer
0$0
MAMTA MISHRADIRECTOR
Trustee or director
0$0
CATHERINE MARTINCHAIRMAN
Trustee or director, Officer
0$0
TERESA RHEADIRECTOR
Trustee or director
0$0
BELINDA REDDICKDIRECTOR
Trustee or director
0$0
DAVID SIMMONSDIRECTOR
Trustee or director
0$0
SPENCER WILLIAMSDIRECTOR
Trustee or director
0$0
RUTH MOFFATTDIRECTOR
Trustee or director
0$0
ELISABETH HARDINSECRETARY
Officer
0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
HEIDI PRIMEDIRECTOR
Trustee or director
0$0
CODY ROBINSONDIRECTOR
Trustee or director
0$0
BO ARTHURDIRECTOR
Trustee or director
0$0
JESSICA BROWNVICE CHAIRMAN
Trustee or director, Officer
0$0
CATHERINE BAILEYDIRECTOR
Trustee or director
0$0
ALIE CAUSEYDIRECTOR
Trustee or director
0$0
HELENE HALLERDIRECTOR
Trustee or director
0$0
KAY MOORETREASURER
Trustee or director, Officer
0$0
MAMTA MISHRADIRECTOR
Trustee or director
0$0
CATHERINE MARTINCHAIRMAN
Trustee or director, Officer
0$0
TERESA RHEADIRECTOR
Trustee or director
0$0
BELINDA REDDICKDIRECTOR
Trustee or director
0$0
DAVID SIMMONSDIRECTOR
Trustee or director
0$0
SPENCER WILLIAMSDIRECTOR
Trustee or director
0$0
RUTH MOFFATTDIRECTOR
Trustee or director
0$0
ELISABETH HARDINSECRETARY
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 1507, GADSDEN, AL 35902-1507
Principal officer (990 for 2025)
TOM BANKS, PO BOX 1507, GADSDEN, AL 359021507
Signed the 990
TOM BANKS, EXECUTIVE DIRECTOR
Phone
(256) 543-2787
Return prepared by
MDA PROFESSIONAL GROUP PC

Mission

PROMOTION OF ARTISTIC ACTIVITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • YOUTH SYMPHONY ORCHESTRA - LOCAL SCHOOL STUDENTS PARTICIPATE IN THIS GROUP WHICH HAS 408 MEMBERS AND PERFORMS REGULARLY, BOTH IN GADSDEN AND OUT OF STATE.
    Expenses $267,986 · revenue $165,128
  • IMAGINATION PLACE - A CHILDREN'S MUSEUM, DESIGNED PRIMARILY FOR CHILDREN AGES 2 THROUGH 10, WHERE CHILDREN CAN COME PLAY, EXPLORE, CREATE, AND LEARN.
    Expenses $164,029 · revenue $271,599
  • CLASSES - CLASSES DESIGNED TO OFFER INSTRUCTION SUCH AS ART, DANCE, AND MUSIC TO APPROXIMATELY 1,208 PEOPLE IN THE COMMUNITY.
    Expenses $367,854 · revenue $407,299
  • VARIOUS OTHER PROGRAMS - EXHIBITS, GADSDEN SYMPHONY ORCHESTRA, PROJECT INCOME
    Expenses $38,672 · revenue $20,360

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
63-0899081
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
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,221,475
Income (IRS master file)
$4,592,480

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,255,285$1,686,695$5,221,475XML
990December 2024$1,670,005$1,739,160$3,652,699XML
990December 2023$1,622,766$1,683,065$3,722,135XML
990December 2022$1,493,599$1,513,404$3,782,043IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 63-0899081).

Questions about GADSDEN CULTURAL ARTS FOUNDATION INC

What is the EIN of GADSDEN CULTURAL ARTS FOUNDATION INC?
The employer identification number (EIN) of GADSDEN CULTURAL ARTS FOUNDATION INC is 63-0899081.
Is GADSDEN CULTURAL ARTS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to GADSDEN CULTURAL ARTS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GADSDEN CULTURAL ARTS FOUNDATION INC 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 GADSDEN CULTURAL ARTS FOUNDATION INC 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 GADSDEN CULTURAL ARTS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GADSDEN CULTURAL ARTS FOUNDATION INC?
The 990 for the year ended December 31, 2025 names TOM BANKS.
Who are the officers and directors of GADSDEN CULTURAL ARTS FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does GADSDEN CULTURAL ARTS FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,255,285, expenses of $1,686,695 and total assets of $5,221,475 at year end.

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