Nonprofit · EIN 93-0718331
SALEM ART ASSOCIATION ENDOWMENT FOUNDATION
Tax-exempt · SALEM, OR 97302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $46,179 | $65,211 | -$19,032 | $872,037 | $0 | $872,037 |
| December 31, 2023 | 990 | $49,289 | $75,235 | -$25,946 | $833,642 | $0 | $833,642 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,800
- Program service revenue
- $0
- Investment income
- $43,379
- Net gain from sales of assets
- $23,567
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $45,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $45,000
- Management and general (functional)
- $20,211
Balance sheet and other
- Total assets, start of year
- $833,642
- Total assets, end of year
- $872,037
- Total liabilities, end of year
- $0
- Net assets, end of year
- $872,037
- Publicly traded securities
- $808,314
- Net assets without donor restrictions
- $872,037
- Gross receipts
- $210,797
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1977
- State of legal domicile
- OR
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MATTHEW BOULAY | EXECUTIVE DIRECTOR Officer | 2.5 | $0 | $51,412 |
| GARY HARDEY | PRESIDENT & BOARD CHAIR Trustee or director, Officer | 0.25 | $0 | $0 |
| JANET NEUBURG | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RON RUBEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ERICA PUOPOLO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ERNESTO TOSKVIC | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| KATHRYN PAWLICK | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 |
| EMILY ALIMONOS | DIRECTOR JAN-JULY/TREASURER AUG-DEC Trustee or director, Officer | 0.25 | $0 | $0 |
| DANAE JOHNSON FROM 1224 | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MATTHEW BOULAY | EXECUTIVE DIRECTOR Officer | 2.5 | $0 | $54,283 |
| JON LAUER | PRESIDENT Trustee or director, Officer | 0.25 | $0 | $0 |
| GARY HARDEY | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| JANET NEUBURG | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 |
| RON RUBEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ERICA PUOPOLO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ERNESTO TOSKVIC FROM 1223 | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| KATHRYN PAWLICK FROM 1223 | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EMILY ALIMONOS FROM 1223 | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 MISSION ST SE, SALEM, OR 97302-6203
- Principal officer (990 for 2024)
- GARY W HARDEY, 600 MISSION ST SE, SALEM, OR 97302
- Signed the 990
- GARY W HARDEY, PRESIDENT & BOARD CHAIR
- Phone
- (503) 581-2228
- Website
- WWW.SALEMART.ORG
- Return prepared by
- REDW LLC
Mission
THE MISSION OF THE SALEM ART ASSOCIATION ENDOWMENT FOUNDATION (SAAEF) IS TO PRESERVE, PROTECT AND ENHANCE THE FOUNDATION'S ASSETS IN ORDER TO PROMOTE AND FURTHER THE ARTS IN OUR COMMUNITY, THROUGH THE SUPPORT OF THE SALEM ART ASSOCIATION (SAA).
Program accomplishments
- CONTRIBUTIONS TO SALEM ART ASSOCIATION 93-0421613, A 501(C)(3) ORGANIZATION; TO SUPPORT THE ARTS IN ACCORDANCE WITH THE BY-LAWS.Expenses $45,000 · grants $45,000
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 | Not 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
- 93-0718331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A11)
- Assets (IRS master file)
- $872,037
- Income (IRS master file)
- $210,797
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $46,179 | $65,211 | $872,037 | XML |
| 990 | December 2023 | $49,289 | $75,235 | $833,642 | XML |
| 990 | December 2022 | $40,728 | $46,155 | $842,356 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 93-0718331).
Questions about SALEM ART ASSOCIATION ENDOWMENT FOUNDATION
- What is the EIN of SALEM ART ASSOCIATION ENDOWMENT FOUNDATION?
- The employer identification number (EIN) of SALEM ART ASSOCIATION ENDOWMENT FOUNDATION is 93-0718331.
- Is SALEM ART ASSOCIATION ENDOWMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to SALEM ART ASSOCIATION ENDOWMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SALEM ART ASSOCIATION ENDOWMENT FOUNDATION 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 SALEM ART ASSOCIATION ENDOWMENT 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 SALEM ART ASSOCIATION ENDOWMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SALEM ART ASSOCIATION ENDOWMENT FOUNDATION?
- The 990 for the year ended December 31, 2024 names GARY W HARDEY.
- Who are the officers and directors of SALEM ART ASSOCIATION ENDOWMENT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does SALEM ART ASSOCIATION ENDOWMENT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $46,179, expenses of $65,211 and total assets of $872,037 at year end.
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- THE WILLAMETTE HERITAGE CENTER EIN 93-6031792 · last filed 990 for 2024
- CAPITAL COMMUNITY TELEVISION INC EIN 93-1009470 · last filed 990 for 2025
- COMPTON FAMILY FOUNDATION EIN 30-6025966 · last filed 990-PF for 2026
- SALEM ART ASSOCIATION EIN 93-0421613 · last filed 990 for 2024
- PENTACLE THEATRE INC EIN 93-0513552 · last filed 990 for 2024
All nonprofits in SALEM · Oregon · Arts, culture and humanities