Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 93-2004243

KEYSMITH FOUNDATION

Tax-exempt · ROUND ROCK, TX 78683

Financials

$224K$90K2024
Revenue Expenses · by fiscal year end
Financials of KEYSMITH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$224,216$89,561$134,655$221,591$85,000$136,591
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$224,216
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$85,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$725
Depreciation
$20
Program services (functional)
$85,953
Management and general (functional)
$2,718
Fundraising (functional)
$890

Balance sheet and other

Total assets, start of year
$1,936
Total assets, end of year
$221,591
Total liabilities, end of year
$85,000
Net assets, end of year
$136,591
Land, buildings and equipment
$4,480
Gross receipts
$224,216
Employees
0
Volunteers
7
Year formed
2023
State of legal domicile
TX

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.

NameTitleHours / weekCompensation
YAPHET SMITHPRESIDENT
Trustee or director, Officer
1$0
MARKEITH ALLENSECRETARY
Trustee or director, Officer
1$0
JANET BAWCOMTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 5505, ROUND ROCK, TX 78683-5505
In care of
% YAPHET L SMITH
Mailing address (990-N for 2023)
PO BOX 5505, ROUND ROCK TX 78683
Principal officer (990 for 2024)
YAPHET SMITH, PO BOX 5505, ROUND ROCK, TX 78683
Principal officer (990-N for 2023)
YAPHET SMITH, PO BOX 5505, ROUND ROCK TX 78683
Signed the 990
YAPHET SMITH, PRESIDENT
Phone
(512) 981-5220
Return prepared by
AVENSON HAMANN CPAS LLP

Mission

TO ENRICH LIFE THROUGH STORY. IN PARTICULAR, WE SEEK WAYS TO SHARE STORIES AND APPROACHES TO STORYTELLING THAT REFLECT "BLACK PEOPLE'S FULL HUMANITY."

990 for the year ended December 31, 2024

Program accomplishments

  • OUR INITIAL FOCUS IS SPACES, PROGRAMMING, AND MATERIALS TO HELP PRESERVE AND ACTIVATE THE LEGACY OF THE SELF-PROCLAIMED "UNUSUAL ARTIST" MS. L.V. HULL FROM KOSCIUSKO, MISSISSIPPI. THESE EFFORTS INCLUDE WORKING WITH OTHER CHARITABLE PARTNERS TO DEVELOP THE FIRST PUBLIC ARTS COMPLEX IN KOSCIUSKO, MS: THE L.V. HULL LEGACY CENTER; PRESERVING HER HOME AS BOTH A HISTORIC SITE AND A SPACE FOR FUTURE PROGRAMMING; CREATING AND OFFERING EXHIBITIONS ABOUT MS. HULL; HOSTING TALKS, COMMUNITY EVENTS, AND OTHER PROGRAMMING RELATED TO HER ART, LIFE, AND LEGACY; AND PROVIDING COMMUNITY SCREENINGS OF DOCUMENTARIES ABOUT BOTH MS. HULL AND OTHER SELF-TAUGHT ARTISTS AND ENVIRONMENT CREATORS.
    Expenses $85,953 · grants $85,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
93-2004243
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$221,591
Income (IRS master file)
$224,216

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$224,216$89,561$221,591IRS
990-N for 2023
Officer: YAPHET SMITH
December 31, 2023≤ $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 93-2004243).

Questions about KEYSMITH FOUNDATION

What is the EIN of KEYSMITH FOUNDATION?
The employer identification number (EIN) of KEYSMITH FOUNDATION is 93-2004243.
Is KEYSMITH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to KEYSMITH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KEYSMITH 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 KEYSMITH 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 KEYSMITH 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 KEYSMITH FOUNDATION?
The 990 for the year ended December 31, 2024 names YAPHET SMITH.
Who are the officers and directors of KEYSMITH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KEYSMITH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $224,216, expenses of $89,561 and total assets of $221,591 at year end.

Other nonprofits in ROUND ROCK

All nonprofits in ROUND ROCK · Texas · Arts, culture and humanities