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Nonprofit · EIN 86-3363354

MUSICLAND GIFT FOUNDATION INC

Tax-exempt · CHARLOTTE, NC 28211

Financials

$202K$4K2025
Revenue Expenses · by fiscal year end
Financials of MUSICLAND GIFT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$201,669$3,598$198,071$198,571$0$198,571
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$52
Net income from fundraising events
$201,617
Other revenue
$201,617

Expenses

Grants and similar amounts paid
$2,622
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$500
Total assets, end of year
$198,571
Total liabilities, end of year
$0
Net assets, end of year
$198,571
Net assets without donor restrictions
$198,571
Gross receipts
$292,373
Employees
0
Volunteers
9
Year formed
2021
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
Kenneth KahnPresident
Officer
25$0

Address and contacts

Address (IRS master file)
4425 SHARON RD UNIT SPH13, CHARLOTTE, NC 28211-4475
In care of
% KENNETH F KAHN
Principal officer (990 for 2025)
Kenneth Kahn, 4425 SHARON RD UNIT SPH13, CHARLOTTE, NC 28211
Signed the 990
Kenneth Kahn, President
Phone
(704) 577-6190
990-N for 2024 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Ken Wright, 7105 Stonehaven Drive, Waxhaw NC 28173. Mailing address: 4425 SHARON RD UNIT SPH13, CHARLOTTE NC 282114475.

Mission

Support the development of a National Model for Cancer Survivorship

990 for the year ended December 31, 2025

Program accomplishments

  • Dinner with Doctors and Fundraising Auction
    revenue $292,322

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, 2026990 on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
86-3363354
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$198,571
Income (IRS master file)
$292,373

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$201,669$3,598$198,571XML
990-N for 2024
Officer: Ken Wright
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: Kenneth Kahn
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Kenneth Kahn
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 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 86-3363354).

Questions about MUSICLAND GIFT FOUNDATION INC

What is the EIN of MUSICLAND GIFT FOUNDATION INC?
The employer identification number (EIN) of MUSICLAND GIFT FOUNDATION INC is 86-3363354.
Is MUSICLAND GIFT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to MUSICLAND GIFT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUSICLAND GIFT FOUNDATION INC 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 MUSICLAND GIFT FOUNDATION 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 MUSICLAND GIFT FOUNDATION INC 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 MUSICLAND GIFT FOUNDATION INC?
The 990 for the year ended December 31, 2025 names Kenneth Kahn.
Who are the officers and directors of MUSICLAND GIFT FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does MUSICLAND GIFT FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $201,669, expenses of $3,598 and total assets of $198,571 at year end.

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