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Jack Munushian Charitable Trust

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.09M (2024)

Expenses
$909k (2024)

Total Assets
$7.57M (2024)

Total Liabilities
$1.68M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,093,441
Expenses
$908,542
Net Income
$184,899
Net Assets
$5,897,377
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $355,712
32.5%
Sales of Assets $249,604
22.8%
Other Income $488,123
44.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $819,844
90.2%
Compensation of Officers* $93,213
10.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,572,554
Total Liabilities $1,675,177
Net Assets $5,897,377
Compensation
Key Employees and Officers Compensation Other
Gary R Phillips (Co Trustee) $60,533 $0
Zouhrab Bassmajian (Co Trustee) $32,680 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$851,393
Expenses
$901,379
Net Income
-$49,986
Net Assets
$5,712,478
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $23
0.0%
Dividends $282,739
33.2%
Sales of Assets $104,382
12.3%
Other Income $464,249
54.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $833,593
92.5%
Compensation of Officers* $94,782
10.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,465,772
Total Liabilities $1,753,294
Net Assets $5,712,478
Compensation
Key Employees and Officers Compensation Other
Gary R Phillips (Co Trustee) $60,982 $0
Zouhrab Bassmajian (Co Trustee) $33,800 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,242,967
Expenses
$901,477
Net Income
$341,490
Net Assets
$5,762,464
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $44
0.0%
Dividends $190,598
15.3%
Sales of Assets $694,109
55.8%
Other Income $358,216
28.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $840,948
93.3%
Compensation of Officers* $112,414
12.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,622,963
Total Liabilities $1,860,499
Net Assets $5,762,464
Compensation
Key Employees and Officers Compensation Other
Gary R Phillips (Co Trustee) $77,930 $0
Zouhrab Bassmajian (Co Trustee) $34,484 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$847,582
Expenses
$877,918
Net Income
-$30,336
Net Assets
$5,420,974
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $55
0.0%
Dividends $136,442
16.1%
Sales of Assets $359,882
42.5%
Other Income $351,203
41.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $832,595
94.8%
Compensation of Officers* $108,630
12.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,221,504
Total Liabilities $1,800,530
Net Assets $5,420,974
Compensation
Key Employees and Officers Compensation Other
Gary R Phillips (Co Trustee) $76,041 $0
Zouhrab Bassmajian (Co Trustee) $32,589 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$427,882
Expenses
$895,947
Net Income
-$468,065
Net Assets
$5,451,310
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $46
0.0%
Dividends $181,077
42.3%
Sales of Assets $1,884
0.4%
Other Income $244,875
57.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $833,619
93.0%
Compensation of Officers* $108,017
12.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,232,954
Total Liabilities $1,781,644
Net Assets $5,451,310
Compensation
Key Employees and Officers Compensation Other
Gary R Phillips (Co Trustee) $75,612 $0
Zouhrab Bassmajian (Co Trustee) $32,405 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$487,737
Expenses
$726,008
Net Income
-$238,271
Net Assets
$5,919,375
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $79
0.0%
Dividends $215,891
44.3%
Sales of Assets $0
Other Income $283,031
58.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $671,127
92.4%
Compensation of Officers* $89,470
12.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,641,399
Total Liabilities $1,722,024
Net Assets $5,919,375
Compensation
Key Employees and Officers Compensation Other
George R Phillips Sr (Co Trustee) $62,629 $0
Zouhrab Bassmajian (Co Trustee) $26,841 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$395,222
Expenses
$636,641
Net Income
-$241,419
Net Assets
$6,157,646
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $63
0.0%
Dividends $171,249
43.3%
Sales of Assets $2,902
0.7%
Other Income $221,008
55.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $573,024
90.0%
Compensation of Officers* $89,470
14.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,859,445
Total Liabilities $1,701,799
Net Assets $6,157,646
Compensation
Key Employees and Officers Compensation Other
George R Phillips Sr (Co Trustee) $62,629 $0
Zouhrab Bassmajian (Co Trustee) $26,841 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$332,875
Expenses
$357,703
Net Income
-$24,828
Net Assets
$6,399,065
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $50
0.0%
Dividends $165,659
49.8%
Sales of Assets -$78,059
Other Income $245,225
73.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $297,506
83.2%
Compensation of Officers* $68,144
19.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,399,065
Total Liabilities $0
Net Assets $6,399,065
Compensation
Key Employees and Officers Compensation Other
George R Phillips Sr (Co Trustee) $47,701 $0
Zouhrab Bassmajian (Co Trustee) $20,443 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$338,079
Expenses
$223,812
Net Income
$114,267
Net Assets
$6,423,893
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $56,253
16.6%
Dividends $104,165
30.8%
Sales of Assets $178
0.1%
Other Income $177,483
52.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $158,300
70.7%
Compensation of Officers* $76,897
34.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,423,893
Total Liabilities $0
Net Assets $6,423,893
Compensation
Key Employees and Officers Compensation Other
George R Phillips Sr (Co Trustee) $53,728 $0
Zouhrab Bassmajian (Co Trustee) $23,169 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$421,988
Expenses
$562,947
Net Income
-$140,959
Net Assets
$6,309,626
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $57,210
13.6%
Dividends $91,826
21.8%
Sales of Assets $170,379
40.4%
Other Income $3,344
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $450,785
80.1%
Compensation of Officers* $47,000
8.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,309,626
Total Liabilities $0
Net Assets $6,309,626
Compensation
Key Employees and Officers Compensation Other
George R Phillips Sr (Co Trustee) $33,000 $0
Zouhrab Bassmajian (Co Trustee) $14,000 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$454,475
Expenses
$378,019
Net Income
$76,456
Net Assets
$6,450,585
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $35,224
7.8%
Dividends $89,878
19.8%
Sales of Assets $276,712
60.9%
Other Income $52,661
11.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $283,850
75.1%
Compensation of Officers* $56,944
15.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,450,585
Total Liabilities $0
Net Assets $6,450,585
Compensation
Key Employees and Officers Compensation Other
George R Phillips Sr (Co Trustee) $39,861 $0
Zouhrab Bassmajian (Co Trustee) $17,083 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$141,305
Expenses
$397,978
Net Income
-$256,673
Net Assets
$6,374,129
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $33,766
23.9%
Dividends $61,536
43.5%
Sales of Assets $21,559
15.3%
Other Income $24,444
17.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $293,619
73.8%
Compensation of Officers* $54,083
13.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,374,129
Total Liabilities $0
Net Assets $6,374,129
Compensation
Key Employees and Officers Compensation Other
George R Phillips Sr (Co Trustee) $37,858 $0
Zouhrab Bassmajian (Co Trustee) $16,225 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$176,244
Expenses
$335,441
Net Income
-$159,197
Net Assets
$6,630,801
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $41,860
23.8%
Dividends $77,973
44.2%
Sales of Assets $33,102
18.8%
Other Income $23,309
13.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $213,839
63.7%
Compensation of Officers* $53,232
15.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,630,802
Total Liabilities $1
Net Assets $6,630,801

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$156,884
Expenses
$334,305
Net Income
-$177,421
Net Assets
$6,789,998
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $64
0.0%
Dividends $94,740
60.4%
Sales of Assets $52,128
33.2%
Other Income $9,952
6.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $261,712
78.3%
Compensation of Officers* $52,256
15.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,789,999
Total Liabilities $1
Net Assets $6,789,998

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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