Nonprofit · EIN 83-1550679
CRAFT INSTITUTE
Tax-exempt (reinstated) · LEXINGTON, MA 02420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $52,830 | $249,326 | -$196,496 | $9,610 | $0 | $9,610 |
| December 31, 2024 | 990 | $76,174 | $96,906 | -$20,732 | $206,106 | $0 | $206,106 |
| December 31, 2023 | 990 | $161,646 | $84,788 | $76,858 | $226,838 | $0 | $226,838 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $52,830
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $11,591
- Accounting fees
- $2,562
- Program services (functional)
- $138,057
- Management and general (functional)
- $111,269
Balance sheet and other
- Total assets, start of year
- $206,106
- Total assets, end of year
- $9,610
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,610
- Net assets without donor restrictions
- $9,610
- Gross receipts
- $52,830
- Employees
- 0
- State of legal domicile
- MA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONICA | NDOUNOU Officer | 20 | $0 |
| DR M NDOUNOU | OFFICER Officer | 20 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONICA | NDOUNOU Officer | 20 | $0 |
| DR M NDOUNOU | OFFICER Officer | 20 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONICA | NDOUNOU Officer | 20 | $0 |
| DR M NDOUNOU | OFFICER Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 262, LEXINGTON, MA 02420-0003
- Principal officer (990 for 2025)
- Dr M White Ndounou, P O BOX 262, LEXINGTON, MA 02420
- Signed the 990
- Dr Monica White Ndounou, Executive Director
- Phone
- (781) 728-5979
- Return prepared by
- S & T ASSOCIATES INC
Mission
A Non-profit organization dedicated to curating culturally inclusive ecosystems through arts and entertainment by transforming training and industry practices while promoting equitable access.
Program accomplishments
- THE INTERNATIONAL BLACK THEATRE SUMMITExpenses $121,597 · revenue $121,597
- ECHOES OF USExpenses $16,186 · revenue $16,186
- INTERNSHIP PROGRAMExpenses $274 · revenue $274
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-1550679
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A23)
- Assets (IRS master file)
- $9,610
- Income (IRS master file)
- $52,830
Revocation and reinstatement
- Exemption revoked
- May 15, 2021
- Posted by the IRS
- August 9, 2021
- Reinstated
- Effective May 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $52,830 | $249,326 | $9,610 | IRS |
| 990 | December 2024 | $76,174 | $96,906 | $206,106 | IRS |
| 990 | December 2023 | $161,646 | $84,788 | $226,838 | XML |
| 990 | December 2022 | $164,397 | $0 | $149,980 | IRS |
| 990 | December 2021 | – | – | – | 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 83-1550679).
Questions about CRAFT INSTITUTE
- What is the EIN of CRAFT INSTITUTE?
- The employer identification number (EIN) of CRAFT INSTITUTE is 83-1550679.
- Is CRAFT INSTITUTE tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
- Are donations to CRAFT INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CRAFT INSTITUTE 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 CRAFT INSTITUTE 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 CRAFT INSTITUTE 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 CRAFT INSTITUTE?
- The 990 for the year ended December 31, 2025 names Dr M White Ndounou.
- Who are the officers and directors of CRAFT INSTITUTE?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does CRAFT INSTITUTE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $52,830, expenses of $249,326 and total assets of $9,610 at year end.
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All nonprofits in LEXINGTON · Massachusetts · Arts, culture and humanities