Nonprofit · EIN 88-3790225
COSMIC RAYS FOUNDATION
Tax-exempt · CARY, NC 27513
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $12,487 | $11,849 | $638 | $3,024 | – | $3,024 |
| June 30, 2024 | 990-EZ | $9,870 | $9,853 | $17 | $2,304 | – | $2,304 |
| June 30, 2023 | 990-EZ | $22,963 | $23,010 | -$47 | $2,287 | – | $2,287 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,412
- Program service revenue
- $6,955
- Investment income
- $0
- Net income from sales of inventory
- $120
Expenses
- Grants and similar amounts paid
- $3,510
- Compensation of officers, directors and key employees
- $1,800
- Professional fees and payments to contractors
- $695
- Occupancy
- $1,613
- Other expenses
- $6,031
- Program services (functional)
- $9,465
Balance sheet and other
- Total assets, start of year
- $2,304
- Total assets, end of year
- $3,024
- Total liabilities, end of year
- –
- Net assets, end of year
- $3,024
- Cash, savings and investments
- $3,024
- Gross receipts
- $12,487
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sabine Gruffat | CEO | 12.5 | $1,800 |
| William Brown | President | 12.5 | $0 |
| Kathie Roberts | Director | 1 | $0 |
| Kristin Pearson | Executive Director | 12.5 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sabine Gruffat | CEO | 12.5 | $2,250 |
| William Brown | President | 12.5 | $1,000 |
| Kathie Roberts | Director | 12.5 | $0 |
990-EZ for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sabine Gruffat | Chair | 12.5 | $2,250 |
| William Brown | Pres, Treas, Sec. | 12.5 | $1,000 |
Address and contacts
- Address (IRS master file)
- 964 HIGH HOUSE RD, CARY, NC 27513-3574
- In care of
- % WILLIAM BROWN
- Mailing address (990-N for 2022)
- 16 Davie Cir, Chapel Hill NC 27514
- Principal officer (990-N for 2022)
- William Brown, 16 Davie Cir, Chapel Hill NC 27514
- Signed the 990-EZ
- William Brown, President
- Phone
- (984) 291-0316
- Website
- www.cosmicraysfilmfest.com
- Return prepared by
- David B McRee
Mission
See Schedule O.
Program accomplishments
- See Schedule O.Expenses $9,465 · grants $3,510
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3790225
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A31)
- Assets (IRS master file)
- $3,024
- Income (IRS master file)
- $12,487
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $12,487 | $11,849 | $3,024 | XML |
| 990-EZ | June 2024 | $9,870 | $9,853 | $2,304 | XML |
| 990-EZ | June 2023 | $22,963 | $23,010 | $2,287 | XML |
| 990-N for 2022 Officer: William Brown | December 31, 2022 | ≤ $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 88-3790225).
Questions about COSMIC RAYS FOUNDATION
- What is the EIN of COSMIC RAYS FOUNDATION?
- The employer identification number (EIN) of COSMIC RAYS FOUNDATION is 88-3790225.
- Is COSMIC RAYS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to COSMIC RAYS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COSMIC RAYS FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of COSMIC RAYS FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COSMIC RAYS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of COSMIC RAYS FOUNDATION?
- The 990-N for 2022 names William Brown.
- Who are the officers and directors of COSMIC RAYS FOUNDATION?
- The 990-EZ for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $1,800 (Sabine Gruffat, CEO).
- How much revenue does COSMIC RAYS FOUNDATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $12,487, expenses of $11,849 and total assets of $3,024 at year end.
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