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Nonprofit · EIN 99-1486153

1324 MASSACHUSETTS AVENUE FOUNDATION INC

Tax-exempt · CAMBRIDGE, MA 02138

Financials

$75K$6K2024$33K$3K2025
Revenue Expenses · by fiscal year end
Financials of 1324 MASSACHUSETTS AVENUE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$33,498$3,323$30,175$99,907$0$99,907
December 31, 2024990-EZ$75,469$5,737$69,732$69,732$0$69,732
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$30,950
Other revenue
$2,548

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$1,173
Other expenses
$2,150

Balance sheet and other

Total assets, start of year
$69,732
Total assets, end of year
$99,907
Total liabilities, end of year
$0
Net assets, end of year
$99,907
Cash, savings and investments
$84,065
Gross receipts
$33,498

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JUN IL KWUNDIRECTOR, PRESIDENT2$0
DANIEL RASMUSSENDIRECTOR, TREASURER2$0
JONATHAN WINTHROPDIRECTOR, CLERK2$0
WILLIAM BATTSDIRECTOR2$0
LARS PETERSONDIRECTOR2$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JUN IL KWUNDIRECTOR, PRESIDENT2$0
DANIEL RASMUSSENDIRECTOR, TREASURER2$0
JONATHAN WINTHROPDIRECTOR, CLERK2$0
WILLIAM BATTSDIRECTOR2$0
LARS PETERSONDIRECTOR2$0

Address and contacts

Address (IRS master file)
1324 MASSACHUSETTS AVE, CAMBRIDGE, MA 02138-3809
In care of
% DANIEL RASMUSSEN
Signed the 990-EZ
JUN IL KWUN, PRESIDENT
Phone
(214) 915-8088
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

TO SUPPORT RESTORATION, MAINTENANCE AND PRESERVATION OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDINGS AND RELATED STRUCTURES LOCATED AT 1320-1324 MASSACHUSETTS AVENUE, CAMBRIDGE, MA 02138 IN THE HARVARD SQUARE CONSERVATION DISTRICT AND COMPLETED IN 1891, AND THE BUILDING LOCATED AT 8 HOLYOKE STREET CAMBRIDGE, MA 02138 IN THE HARVARD SQUARE CONSERVATION DISTRICT AND COMPLETED IN 1925 (THE AFORESAID BUILDINGS, COLLECTIVELY, THE PORCELLIAN CLUB), AND THE PORCELLIAN GATE LOCATED IN THE HARVARD SQUARE CONSERVATION DISTRICT AND COMPLETED IN 1901 (THE THE PORCELLIAN GATE), AND THEIR SUPPORTING INFRASTRUCTURE. SECONDARY PURPOSES INCLUDE PROMOTING AN APPRECIATION OF THE LIFE OF JOSEPH MCKEAN, FOUNDER OF THE PORCELLIAN CLUB IN 1791 AND GRADUATE OF HARVARD COLLEGE IN THE CLASS OF 1794 , AND THE HISTORICAL SIGNIFICANCE OF THE PORCELLIAN CLUB'S MEMBERS, THROUGH RESEARCH AND EDUCATION.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • CONTINUED RAISING FUNDS TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION DESCRIBED ON SCHEDULE O.

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 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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-1486153
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-N (e-Postcard)
Assets (IRS master file)
$99,907
Income (IRS master file)
$33,498

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$33,498$3,323$99,907XML
990-EZDecember 2024$75,469$5,737$69,732XML

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 99-1486153).

Questions about 1324 MASSACHUSETTS AVENUE FOUNDATION INC

What is the EIN of 1324 MASSACHUSETTS AVENUE FOUNDATION INC?
The employer identification number (EIN) of 1324 MASSACHUSETTS AVENUE FOUNDATION INC is 99-1486153.
Is 1324 MASSACHUSETTS AVENUE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to 1324 MASSACHUSETTS AVENUE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 1324 MASSACHUSETTS AVENUE FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of 1324 MASSACHUSETTS AVENUE 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 1324 MASSACHUSETTS AVENUE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of 1324 MASSACHUSETTS AVENUE FOUNDATION INC?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does 1324 MASSACHUSETTS AVENUE FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $33,498, expenses of $3,323 and total assets of $99,907 at year end.

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