Skip to main content

Nonprofit · EIN 75-2671465

LAKE GRANBURY ART ASSOCIATION

Tax-exempt · GRANBURY, TX 76048

Financials

$52K$33K2023$62K$48K2024
Revenue Expenses · by fiscal year end
Financials of LAKE GRANBURY ART ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$61,601$47,577$14,024$31,244$0$31,244
December 31, 2023990-EZ (amended)$51,830$32,604$19,226$17,220$0$17,220
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,050
Program service revenue
$8,486
Investment income
$23
Net income from fundraising events
$43,042

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$19,891
Other expenses
$27,686
Program services (functional)
$24,710

Balance sheet and other

Total assets, start of year
$17,220
Total assets, end of year
$31,244
Total liabilities, end of year
$0
Net assets, end of year
$31,244
Cash, savings and investments
$31,244
Gross receipts
$61,601

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Barbara DoberenzTreasurer4$0
Cheryl PattersonSecretary2$0
Carrol SemanekPresident6$0
Betsy FergusonMembership2$0
Eden DuncanCommunications0$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Doris BernierTreasurer4$0
Cheryl PattersonSecretary2$0
Sue Bagwell2nd Vice President2$0
Carrol Semanek1st Vice President2$0
Wayne FalconePresident6$0
Betsy FergusonCommunications2$0

Address and contacts

Address (IRS master file)
224 N TRAVIS ST STE A, GRANBURY, TX 76048-2194
In care of
% BARBARA DOBERENZ
Mailing address (990-N for 2023)
PO BOX 1855, GRANBURY TX 76048
Principal officer (990-N for 2023)
CARROL SIMANEK, 128 HELTON DR, GRANBURY TX 76049
Signed the 990-EZ
BARBARA DOBERENZ, Treasurer
Phone
(708) 305-5481
Return prepared by
Cindy Dixon Tippett CPA PLLC

Mission

To promote art in the Hood County area.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • To promote the appreciation, enjoyment and distribution of art in the Hood County, Texas area. The Fall Show with revenue of $18,114.
    Expenses $9,010
  • To promote the appreciation, enjoyment and distribution of art in the Hood County, Texas area. The Spring and Red Shows with revenue of $1,952.
    Expenses $971
  • To promote the appreciation, enjoyment and distribution of art in the Hood County, Texas area. Art workshops with revenue of $18,964.
    Expenses $12,456
  • Other program services
    Expenses $2,273

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, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
75-2671465
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$31,244
Income (IRS master file)
$61,601

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$61,601$47,577$31,244XML
990-N for 2023
Officer: CARROL SIMANEK
December 31, 2023≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$51,830$32,604$17,220XML
990-N for 2022
Officer: DORIS BERNIER
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Donna Kelleher
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Jennifer Siler
December 31, 2019≤ $50,000 receipts––e-Postcard

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 75-2671465).

Questions about LAKE GRANBURY ART ASSOCIATION

What is the EIN of LAKE GRANBURY ART ASSOCIATION?
The employer identification number (EIN) of LAKE GRANBURY ART ASSOCIATION is 75-2671465.
Is LAKE GRANBURY ART ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to LAKE GRANBURY ART ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE GRANBURY ART ASSOCIATION 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 LAKE GRANBURY ART ASSOCIATION 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 LAKE GRANBURY ART ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of LAKE GRANBURY ART ASSOCIATION?
The 990-N for 2023 names CARROL SIMANEK.
Who are the officers and directors of LAKE GRANBURY ART ASSOCIATION?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LAKE GRANBURY ART ASSOCIATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $61,601, expenses of $47,577 and total assets of $31,244 at year end.

Other nonprofits in GRANBURY

All nonprofits in GRANBURY · Texas · Arts, culture and humanities