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Norman A & Margaret I Shane Charitable Tr

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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$145k (2024)

Expenses
$107k (2024)

Total Assets
$1.24M (2024)

Total Liabilities
$0 (2024)

Years with missing data
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
$144,542
Expenses
$106,869
Net Income
$37,673
Net Assets
$1,240,960
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $34,375
23.8%
Sales of Assets $110,167
76.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $98,916
92.6%
Compensation of Officers* $21,903
20.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,240,960
Total Liabilities $0
Net Assets $1,240,960
Compensation
Key Employees and Officers Compensation Other
Old National Wealth Management (Co Trustee) $21,903 $0
Donald A Shane (Co Trustee) $0 $0
David N Shane (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$115,600
Expenses
$83,999
Net Income
$31,601
Net Assets
$1,203,293
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $31,301
27.1%
Sales of Assets $83,319
72.1%
Other Income $980
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,454
95.8%
Compensation of Officers* $17,735
21.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,203,293
Total Liabilities $0
Net Assets $1,203,293
Compensation
Key Employees and Officers Compensation Other
Old National Wealth Management (Co Trustee) $17,735 $0
Donald A Shane (Co Trustee) $0 $0
David N Shane (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$37,882
Expenses
$86,763
Net Income
-$48,881
Net Assets
$1,171,770
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $25,770
68.0%
Sales of Assets $12,112
32.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,659
93.0%
Compensation of Officers* $17,734
20.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,171,770
Total Liabilities $0
Net Assets $1,171,770
Compensation
Key Employees and Officers Compensation Other
Old National Wealth Management (Co Trustee) $17,734 $0
Donald A Shane (Co Trustee) $0 $0
David N Shane (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$142,908
Expenses
$83,494
Net Income
$59,414
Net Assets
$1,220,811
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $29,038
20.3%
Sales of Assets $113,870
79.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $79,953
95.8%
Compensation of Officers* $18,226
21.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,220,811
Total Liabilities $0
Net Assets $1,220,811
Compensation
Key Employees and Officers Compensation Other
Old National Wealth Management (Co Trustee) $18,226 $0
Donald A Shane (Co Trustee) $0 $0
David N Shane (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$77,939
Expenses
$81,526
Net Income
-$3,587
Net Assets
$1,161,446
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $22,795
29.2%
Sales of Assets $55,144
70.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $77,047
94.5%
Compensation of Officers* $14,694
18.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,161,447
Total Liabilities $1
Net Assets $1,161,446
Compensation
Key Employees and Officers Compensation Other
Old National Wealth Management (Co Trustee) $14,694 $0
Donald A Shane (Co Trustee) $0 $0
David N Shane (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$91,061
Expenses
$79,327
Net Income
$11,734
Net Assets
$1,165,036
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $25,038
27.5%
Sales of Assets $66,023
72.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $73,712
92.9%
Compensation of Officers* $14,617
18.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,165,037
Total Liabilities $1
Net Assets $1,165,036
Compensation
Key Employees and Officers Compensation Other
Old National Wealth Management (Co Trustee) $14,617 $0
Donald A Shane (Co Trustee) $0 $0
David N Shane (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$96,652
Expenses
$77,320
Net Income
$19,332
Net Assets
$1,153,307
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,118
27.0%
Sales of Assets $70,534
73.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $73,069
94.5%
Compensation of Officers* $14,835
19.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,153,307
Total Liabilities $0
Net Assets $1,153,307
Compensation
Key Employees and Officers Compensation Other
Old National Wealth Management (Co Trustee) $14,835 $0
Donald A Shane (Co Trustee) $0 $0
David N Shane (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

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.
2016

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.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$124,913
Expenses
$82,742
Net Income
$42,171
Net Assets
$1,079,862
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,854
21.5%
Sales of Assets $98,059
78.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,405
80.3%
Compensation of Officers* $14,670
17.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,079,862
Total Liabilities $0
Net Assets $1,079,862

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$143,046
Expenses
$89,509
Net Income
$53,537
Net Assets
$1,037,697
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $29,833
20.9%
Sales of Assets $113,213
79.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $72,313
80.8%
Compensation of Officers* $14,626
16.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,037,697
Total Liabilities $0
Net Assets $1,037,697

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$122,956
Expenses
$78,348
Net Income
$44,608
Net Assets
$984,355
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,012
22.0%
Sales of Assets $95,944
78.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,115
84.4%
Compensation of Officers* $12,902
16.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $984,355
Total Liabilities $0
Net Assets $984,355

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$65,996
Expenses
$92,699
Net Income
-$26,703
Net Assets
$940,149
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,965
36.3%
Sales of Assets $42,031
63.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,585
86.9%
Compensation of Officers* $12,604
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 $940,149
Total Liabilities $0
Net Assets $940,149

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$67,514
Expenses
$96,200
Net Income
-$28,686
Net Assets
$966,846
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,349
39.0%
Sales of Assets $41,165
61.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $84,076
87.4%
Compensation of Officers* $12,512
13.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $966,846
Total Liabilities $0
Net Assets $966,846

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

Fiscal Year Ending Dec.
2005

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.
2004

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.
2003

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.
2002

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.
2001

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.

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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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