MISSION
The Schumann Foundation maintains a fund for contributing to cultural enrichment and educational initiatives in and around North Olmsted, OH and the greater Cleveland area, including scholarships for NOHS students and donations to local charities.
DEMOGRAPHIC
ADDRESS
443 W LORAIN ST
44074
COUNTY
lorain county, OH
IN CARE OF NAME
PAUL SCHUMANN
ORGANIZATIONAL OVERVIEW & RANKINGS
SCHUMANN FOUNDATION is a based in OBERLIN, OH, focused on Arts, Culture and Humanities causes , specifically Fund Raising and/or Fund Distribution. Established in July 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,200,675 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 77,506 out of 105,194 organizations in OH (Top 74%).
In lorain county, OH, the organization ranks 708 out of 1,975 nonprofits by assets (Top 36%), while locally in oberlin, it stands at 78 among 153 organizations (Top 39%).
The organization reported no revenue in the most recent filing period, placing it at 1,082,224 nationally and 58,958 in OH.
Within its specific NTEE classification (A12 - A: Arts, Culture and Humanities), which includes 3,898 similar organizations, SCHUMANN FOUNDATION ranks 1,385 in assets (Top 36%) and 1,037 in revenue (Top 27%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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