Louis E May Tr Fbo Midland 58009610

Midland Lutheran College

Organization summary

Type of Nonprofit

Designated as a Non-exempt charitable trusts.

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 May
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$84,395
Expenses
$72,669
Net Income
$11,726
Net Assets
$1,022,833
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $39,671
47.0%
Sales of Assets $44,710
53.0%
Other Income $14
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $54,957
75.6%
Compensation of Officers* $18,993
26.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,022,833
Total Liabilities $0
Net Assets $1,022,833
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $18,993 $0

Document Links

Fiscal Year Ending May
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$43,768
Expenses
$70,444
Net Income
-$26,676
Net Assets
$1,011,100
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $36,995
84.5%
Sales of Assets $6,756
15.4%
Other Income $17
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,956
75.2%
Compensation of Officers* $17,690
25.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,011,100
Total Liabilities $0
Net Assets $1,011,100
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Trustee) $17,690 $0

Document Links

Fiscal Year Ending May
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$64,340
Expenses
$79,936
Net Income
-$15,596
Net Assets
$1,037,780
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,629
44.5%
Sales of Assets $34,027
52.9%
Other Income $1,684
2.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $63,913
80.0%
Compensation of Officers* $17,309
21.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,037,780
Total Liabilities $0
Net Assets $1,037,780
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $17,309 $0

Document Links

Fiscal Year Ending May
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$55,751
Expenses
$82,515
Net Income
-$26,764
Net Assets
$1,053,769
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,804
51.7%
Sales of Assets $26,939
48.3%
Other Income $8
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $59,106
71.6%
Compensation of Officers* $20,265
24.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,053,769
Total Liabilities $0
Net Assets $1,053,769
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $20,265 $0

Document Links

Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$211,428
Expenses
$63,162
Net Income
$148,266
Net Assets
$1,080,148
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $21,945
10.4%
Sales of Assets $189,461
89.6%
Other Income $22
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $45,048
71.3%
Compensation of Officers* $18,875
29.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,080,149
Total Liabilities $1
Net Assets $1,080,148
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $18,875 $0

Document Links

Fiscal Year Ending May
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$42,936
Expenses
$19,494
Net Income
$23,442
Net Assets
$931,884
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $24,927
58.1%
Sales of Assets $18,007
41.9%
Other Income $2
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,694
18.9%
Compensation of Officers* $16,943
86.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $931,885
Total Liabilities $1
Net Assets $931,884
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $16,943 $0

Document Links

Fiscal Year Ending May
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$55,086
Expenses
$71,878
Net Income
-$16,792
Net Assets
$908,459
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $25,088
45.5%
Sales of Assets $29,998
54.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,821
77.7%
Compensation of Officers* $16,538
23.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $908,459
Total Liabilities $0
Net Assets $908,459
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $16,538 $0

Document Links

Fiscal Year Ending May
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$78,499
Expenses
$72,794
Net Income
$5,705
Net Assets
$925,240
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,590
33.9%
Sales of Assets $51,909
66.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $56,681
77.9%
Compensation of Officers* $16,873
23.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $925,240
Total Liabilities $0
Net Assets $925,240
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $16,873 $0

Document Links

Fiscal Year Ending May
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$48,379
Expenses
$66,907
Net Income
-$18,528
Net Assets
$919,534
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,112
47.8%
Sales of Assets $24,651
51.0%
Other Income $616
1.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,235
78.1%
Compensation of Officers* $15,923
23.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $919,534
Total Liabilities $0
Net Assets $919,534
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $15,923 $0

Document Links

Fiscal Year Ending May
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$21,630
Expenses
$64,906
Net Income
-$43,276
Net Assets
$938,065
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $24,014
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $49,434
76.2%
Compensation of Officers* $15,795
24.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $938,065
Total Liabilities $0
Net Assets $938,065

Document Links

Fiscal Year Ending May
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$95,835
Expenses
$71,979
Net Income
$23,856
Net Assets
$981,720
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $28,416
29.7%
Sales of Assets $67,418
70.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,277
76.8%
Compensation of Officers* $16,985
23.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $981,755
Total Liabilities $35
Net Assets $981,720
Compensation
Key Employees and Officers Compensation Other
Us Bank N A (Corporate Trustee) $16,985 $0

Document Links

Fiscal Year Ending May
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$50,302
Expenses
$68,761
Net Income
-$18,459
Net Assets
$957,864
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $33,233
66.1%
Sales of Assets $17,068
33.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $53,322
77.5%
Compensation of Officers* $17,783
25.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $957,864
Total Liabilities $0
Net Assets $957,864
Compensation
Key Employees and Officers Compensation Other
Us Bank Na (Corporate Trustee) $17,783 $0

Document Links

Fiscal Year Ending May
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$43,026
Expenses
$65,628
Net Income
-$22,602
Net Assets
$976,322
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $25,242
58.7%
Sales of Assets $17,714
41.2%
Other Income $70
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $51,786
78.9%
Compensation of Officers* $17,169
26.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $976,323
Total Liabilities $1
Net Assets $976,322

Document Links

Fiscal Year Ending May
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$17,001
Expenses
$64,449
Net Income
-$47,448
Net Assets
$998,923
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $20,873
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $51,968
80.6%
Compensation of Officers* $15,400
23.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $998,924
Total Liabilities $1
Net Assets $998,923

Document Links

Fiscal Year Ending May
2011

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 May
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 May
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 May
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 May
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 May
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 May
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 May
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 May
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 May
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

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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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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