Nonprofit · EIN 83-2313143
RICHARD SCHMID FINE ART FOUNDATION
Tax-exempt · WALPOLE, NH 03608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $292,118 | $414,210 | -$122,092 | $5,783,274 | $38,085 | $5,745,189 |
| December 31, 2023 | 990-PF | $1,460,073 | $381,250 | $1,078,823 | $5,818,868 | $33,649 | $5,785,219 |
| December 31, 2022 | 990-PF (amended) | $4,728,022 | $160,655 | $4,567,367 | $4,590,284 | $22,917 | $4,567,367 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,558
- Dividends
- $52,119
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $119,440
- Disbursements for charitable purposes
- $54,586
- Excise tax on investment income
- $538
Balance sheet and other
- Total assets, start of year
- $5,818,868
- Total assets, end of year
- $5,783,274
- Total liabilities, end of year
- $38,085
- Net assets, end of year
- $5,745,189
- Fair market value of assets
- $5,783,274
- Qualifying distributions
- $54,586
- Net investment income
- $52,119
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MOLLY SCHMID 3479 CRUMP RD, TALLAHASSEE, FL 32309 | VICE-PRESIDE | 40 | $73,840 | $3,769 |
| NANCY GUZIK 165 OLD KEENE RD, WALPOLE, NH 03608 | PRESIDENT (S | 24 | $24,000 | $0 |
| PAUL TRIP ANDERSON 38 DRAPER MILL ROAD PO BOX 330, GRANTHAM, NH 03753 | EXECUTIVE DI | 40 | $21,600 | $0 |
| NANCY GUZIK 165 OLD KEENE RD, WALPOLE, NH 03608 | PRESIDENT (R | 20 | $0 | $0 |
| PENELOPE SIMPSON ADAMS 114 WESTMINSTER RD, PUTNEY, VT 05346 | VICE-PRESIDE | 1 | $0 | $0 |
| LORI LARUE 117 DEEP ROOT DR, WESTMINSTER, VT 05158 | SECRETARY | 1 | $0 | $0 |
| MARYANNE INNES 19 HARVEST HILL ROAD, W SIMSBURY, CT 06092 | TREASURER | 1 | $0 | $0 |
| CAROL ARNOLD 435 SUTTON ST, NORTHBRIDGE, MA 01534 | DIRECTOR | 0.5 | $0 | $0 |
| MICHELLE DUNAWAY PO BOX 91436, ALBUQUERQUE, NM 87114 | DIRECTOR | 0.5 | $0 | $0 |
| KRISTEN THIES PO BOX 1205 16 OLD N MAIN ST 2, WALPOLE, NH 03608 | DIRECTOR | 2 | $0 | $0 |
| MADELINE ULLRICH 21 CAPRON RD, WESTMORELAND, NH 03467 | DIRECTOR | 0.5 | $0 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MOLLY SCHMID 3479 CRUMP RD, TALLAHASSEE, FL 32309 | VICE-PRESIDE | 40 | $68,000 | $6,166 |
| NANCY GUZIK 165 OLD KEENE RD, WALPOLE, NH 03608 | PRESIDENT | 5 | $24,000 | $0 |
| PENELOPE ADAMS 114 WESTMINSTER RD, PUTNEY, VT 05346 | VICE-PRESIDE | 1 | $0 | $0 |
| BETTINA SCHMID 6677 N 2200 W APT C, PARK CITY, UT 84098 | SECRETARY | 1 | $0 | $0 |
| BETH GEILER 111 BRISTOL HILL RD, BRISTOL, NH 03222 | TREASURER | 1 | $0 | $0 |
| CAROL ARNOLD 435 SUTTON ST, NORTHBRIDGE, MA 01534 | DIRECTOR | 0.5 | $0 | $0 |
| MICHELLE DUNAWAY 4209 NEW VISTA CT NW, ALBUQUERQUE, NM 87114 | DIRECTOR | 0.5 | $0 | $0 |
| LORI LARUE 117 DEEPROOT, WESTMINSTER, VT 05158 | DIRECTOR | 0.5 | $0 | $0 |
| KRISTEN THIES PO BOX 1205 16 OLD N MAIN ST 2, WESTMINSTER, VT 05158 | DIRECTOR | 0.5 | $0 | $0 |
| MADELINE ULLRICH 21 CAPRON RD, WESTMORELAND, NH 03467 | DIRECTOR | 0.5 | $0 | $0 |
990-PF for the year ended December 31, 2022: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY GUZIK 165 OLD KEENE RD, WALPOLE, NH 03608 | PRESIDENT | 5 | $24,000 |
| PENELOPE ADAMS 114 WESTMINSTER RD, PUTNEY, VT 05346 | VICE-PRESIDE | 1 | $0 |
| BETTINA SCHMID 6677 N 2200 W APT C, PARK CITY, UT 84098 | SECRETARY | 1 | $0 |
| BETH GEILER 111 BRISTOL HILL RD, BRISTOL, NH 03222 | TREASURER | 1 | $0 |
| CAROL ARNOLD 435 SUTTON ST, NORTHBRIDGE, MA 01534 | DIRECTOR | 0.5 | $0 |
| MICHELLE DUNAWAY 4209 NEW VISTA CT NW, ALBUQUERQUE, NM 87114 | DIRECTOR | 0.5 | $0 |
| LORI LARUE 117 DEEPROOT, WESTMINSTER, VT 05158 | DIRECTOR | 0.5 | $0 |
| KRISTEN THIES PO BOX 1205 16 OLD N MAIN ST 2, WESTMINSTER, VT 05158 | DIRECTOR | 0.5 | $0 |
| MADELINE ULLRICH 21 CAPRON RD, WESTMORELAND, NH 03467 | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 999, WALPOLE, NH 03608-0999
- Signed the 990-PF
- NANCY GUZIK, PRESIDENT (RSFAF)
- Phone
- (603) 499-3555
- Return prepared by
- MASON & RICH PA
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 83-2313143
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A51)
- Assets (IRS master file)
- $5,783,274
- Income (IRS master file)
- $412,586
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $292,118 | $414,210 | $5,783,274 | XML |
| 990-PF | December 2023 | $1,460,073 | $381,250 | $5,818,868 | XML |
| 990-PF | December 2022 | $4,728,022 | $160,655 | $4,590,284 | XML |
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 83-2313143).
Questions about RICHARD SCHMID FINE ART FOUNDATION
- What is the EIN of RICHARD SCHMID FINE ART FOUNDATION?
- The employer identification number (EIN) of RICHARD SCHMID FINE ART FOUNDATION is 83-2313143.
- Is RICHARD SCHMID FINE ART FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to RICHARD SCHMID FINE ART FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does RICHARD SCHMID FINE ART FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RICHARD SCHMID FINE ART FOUNDATION 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 RICHARD SCHMID FINE ART FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of RICHARD SCHMID FINE ART FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $73,840 (MOLLY SCHMID, VICE-PRESIDE).
- How much revenue does RICHARD SCHMID FINE ART FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $292,118, expenses of $414,210 and total assets of $5,783,274 at year end.
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