Nonprofit · EIN 82-1126788
MIDWEST FINE ARTS SOCIETY INC
Tax-exempt · SCHAUMBURG, IL 60173
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $49,706 | $58,487 | -$8,781 | $23,420 | – | $23,420 |
| December 31, 2024 | 990-EZ | $51,159 | $43,694 | $7,465 | $32,201 | – | $32,201 |
| December 31, 2023 | 990-EZ | $98,022 | $95,902 | $2,120 | $24,736 | – | $24,736 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $49,706
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $9,138
- Professional fees and payments to contractors
- $35,279
- Occupancy
- $4,566
- Printing, publications and postage
- $725
- Other expenses
- $17,917
Balance sheet and other
- Total assets, start of year
- $32,201
- Total assets, end of year
- $23,420
- Total liabilities, end of year
- –
- Net assets, end of year
- $23,420
- Cash, savings and investments
- $23,420
- Gross receipts
- $49,706
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN HOFFMAN | PRES | 10 | $4,958 |
| TAKAHARU MATSUNAGA | MEMBER | 10 | $4,180 |
| WILLIAM DECHERD | MEMBER | 10 | $0 |
| THOMAS T MIYANO | MEMBER | 10 | $0 |
| KAZUYOSHI MIYANO | MEMBER | 10 | $0 |
| SCOTT NOWLAN | MEMBER | 10 | $0 |
| CRAIG GHISLIN | MEMBER | 10 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN HOFFMAN | PRES | 10 | $2,900 |
| TAKAHARU MATSUNAGA | MEMBER | 10 | $1,210 |
| WILLIAM DECHERD | MEMBER | 10 | $0 |
| THOMAS T MIYANO | MEMBER | 10 | $0 |
| KAZUYOSHI MIYANO | MEMBER | 10 | $0 |
| SCOTT NOWLAN | MEMBER | 10 | $0 |
| CRAIG GHISLIN | MEMBER | 10 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN HOFFMAN | PRES | 10 | $2,375 |
| TAKAHARU MATSUNAGA | MEMBER | 10 | $1,500 |
| WILLIAM DECHERD | MEMBER | 10 | $0 |
| THOMAS T MIYANO | MEMBER | 10 | $0 |
| KAZUYOSHI MIYANO | MEMBER | 10 | $0 |
| SCOTT NOWLAN | MEMBER | 10 | $0 |
| CRAIG GHISLIN | MEMBER | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1990 E ALGONQUIN RD STE 290, SCHAUMBURG, IL 60173-4157
- Mailing address (990-N for 2017)
- 525 West Higgins Road Ste 205, Hoffman Estates IL 60169
- Principal officer (990-N for 2017)
- Takaharu Matsunaga, 475 Glendale Lane, Hoffman Estates IL 60169
- Signed the 990-EZ
- BRIAN HOFFMAN, PRES
- Phone
- (847) 809-4813
- Return prepared by
- KACZOR & ASSOCIATES LTD
Mission
THE GENERAL PURPOSE OF THE MIDWEST FINE ARTS SOCIETY IS TO FUND THE ORCHESTRA AND MUSICAL PROGRAMS. THE PROGRAM HELPS NURTURE YOUNG MUSICIANS.
Program accomplishments
- NONE
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-1126788
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A69)
- Assets (IRS master file)
- $23,420
- Income (IRS master file)
- $49,706
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $49,706 | $58,487 | $23,420 | XML |
| 990-EZ | December 2024 | $51,159 | $43,694 | $32,201 | IRS |
| 990-EZ | December 2023 | $98,022 | $95,902 | $24,736 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Takaharu Matsunaga | December 31, 2017 | ≤ $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 82-1126788).
Questions about MIDWEST FINE ARTS SOCIETY INC
- What is the EIN of MIDWEST FINE ARTS SOCIETY INC?
- The employer identification number (EIN) of MIDWEST FINE ARTS SOCIETY INC is 82-1126788.
- Is MIDWEST FINE ARTS SOCIETY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to MIDWEST FINE ARTS SOCIETY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIDWEST FINE ARTS SOCIETY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MIDWEST FINE ARTS SOCIETY 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 MIDWEST FINE ARTS SOCIETY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of MIDWEST FINE ARTS SOCIETY INC?
- The 990-N for 2017 names Takaharu Matsunaga.
- Who are the officers and directors of MIDWEST FINE ARTS SOCIETY INC?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $4,958 (BRIAN HOFFMAN, PRES).
- How much revenue does MIDWEST FINE ARTS SOCIETY INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $49,706, expenses of $58,487 and total assets of $23,420 at year end.
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