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Nonprofit · EIN 75-1891984

BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION

Tax-exempt · BRECKENRIDGE, TX 76424

Financials

$495K$373K2023$495K$360K2024$521K$324K2025
Revenue Expenses · by fiscal year end
Financials of BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$520,837$323,820$197,017$5,688,896$6$5,688,890
December 31, 2024990-PF$494,861$360,039$134,822$5,498,835$6,962$5,491,873
December 31, 2023990-PF$495,128$373,102$122,026$5,355,522-$619$5,356,141
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$71,758
Dividends
$122,713
Interest
$40,460
Net gain from sales of assets
$27,954
Other income
$257,952

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$87,536
Disbursements for charitable purposes
$207,669
Excise tax on investment income
$2,257

Balance sheet and other

Total assets, start of year
$5,498,835
Total assets, end of year
$5,688,896
Total liabilities, end of year
$6
Net assets, end of year
$5,688,890
Fair market value of assets
$7,194,247
Qualifying distributions
$207,669
Net investment income
$197,996

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAVID CLARK
BOX 752, BRECKENRIDGE, TX 76424
PRESIDENT0$0
BARRETT CLARK
BOX 752, BRECKENRIDGE, TX 76424
VICE PRES.0$0
RENA GOLDSMITH
BOX 752, BRECKENRIDGE, TX 76424
SEC/TREASURER0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
DAVID CLARK
BOX 752, BRECKENRIDGE, TX 76424
PRESIDENT0$0
BARRETT CLARK
BOX 752, BRECKENRIDGE, TX 76424
VICE PRES.0$0
RENA GOLDSMITH
BOX 752, BRECKENRIDGE, TX 76424
SEC/TREASURER0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DAVID CLARK
BOX 752, BRECKENRIDGE, TX 76424
PRESIDENT0$0
BARRETT CLARK
BOX 752, BRECKENRIDGE, TX 76424
VICE PRES.0$0
RENA GOLDSMITH
BOX 752, BRECKENRIDGE, TX 76424
SEC/TREASURER0$0

Address and contacts

Address (IRS master file)
PO BOX 752, BRECKENRIDGE, TX 76424-0752
Signed the 990-PF
DAVID CLARK, PRESIDENT
Phone
(254) 559-2246
Return prepared by
MONTGOMERY CUSENBARY & ASSOCIATES LLP

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

IRS record

EIN
75-1891984
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1983
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,688,896
Income (IRS master file)
$715,013

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$520,837$323,820$5,688,896IRS
990-TDecember 2025–––IRS
990-PFDecember 2024$494,861$360,039$5,498,835XML
990-TDecember 2024–––IRS
990-PFDecember 2023$495,128$373,102$5,355,522XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 75-1891984).

Questions about BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION

What is the EIN of BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION?
The employer identification number (EIN) of BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION is 75-1891984.
Is BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION 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 BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $520,837, expenses of $323,820 and total assets of $5,688,896 at year end.

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