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Marybeth M Lamb Foundation Inc

  • Reno, NV
  • Tax-exempt since Feb. 2003
  • EIN: 36-4518327

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
$116k (2025)

Expenses
$187k (2025)

Total Assets
$950k (2025)

Total Liabilities
$0 (2025)

Years with missing data
Source: Form 990 tax filings from 2012 to 2025

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
$116,353
Expenses
$186,630
Net Income
-$70,277
Net Assets
$949,861
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,189
1.9%
Dividends $30,833
26.5%
Sales of Assets $32,731
28.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $104,440
56.0%
Compensation of Officers* $57,277
30.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $949,861
Total Liabilities $0
Net Assets $949,861
Compensation
Key Employees and Officers Compensation Other
Steven Petersen (President) $40,571 $0
Gayle Petersen (Secretary) $16,706 $0

Document Links

990-PF
Filed on July 2, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending May
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$120,748
Expenses
$188,214
Net Income
-$67,466
Net Assets
$1,020,138
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,990
2.5%
Dividends $30,397
25.2%
Sales of Assets $36,951
30.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $112,807
59.9%
Compensation of Officers* $54,473
28.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,020,138
Total Liabilities $0
Net Assets $1,020,138
Compensation
Key Employees and Officers Compensation Other
Steven Petersen (President) $38,372 $0
Gayle Petersen (Secretary) $16,101 $0

Document Links

990-PF
Filed on July 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending May
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$65,924
Expenses
$209,082
Net Income
-$143,158
Net Assets
$1,087,604
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $981
1.5%
Dividends $27,339
41.5%
Sales of Assets -$11,136
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $128,951
61.7%
Compensation of Officers* $54,180
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 $1,087,604
Total Liabilities $0
Net Assets $1,087,604
Compensation
Key Employees and Officers Compensation Other
Steven Petersen (President) $38,095 $0
Gayle Petersen (Secretary) $16,085 $0

Document Links

990-PF
Filed on Aug. 7, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending May
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$163,516
Expenses
$197,101
Net Income
-$33,585
Net Assets
$1,230,762
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $12
0.0%
Dividends $25,827
15.8%
Sales of Assets $90,027
55.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $119,395
60.6%
Compensation of Officers* $51,820
26.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,230,762
Total Liabilities $0
Net Assets $1,230,762
Compensation
Key Employees and Officers Compensation Other
Steven Petersen (President) $35,808 $0
Gayle Petersen (Secretary) $16,012 $0

Document Links

990-PF
Filed on July 29, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$88,121
Expenses
$187,714
Net Income
-$99,593
Net Assets
$1,264,346
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8
0.0%
Dividends $25,903
29.4%
Sales of Assets $18,766
21.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $111,670
59.5%
Compensation of Officers* $49,668
26.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,264,347
Total Liabilities $1
Net Assets $1,264,346
Compensation
Key Employees and Officers Compensation Other
Steven Petersen (President) $37,817 $0
Gayle Petersen (Secretary) $11,851 $0

Document Links

990-PF
Filed on July 21, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending May
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$83,576
Expenses
$179,384
Net Income
-$95,808
Net Assets
$1,363,940
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $467
0.6%
Dividends $33,442
40.0%
Sales of Assets $10,370
12.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $101,840
56.8%
Compensation of Officers* $51,837
28.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,363,940
Total Liabilities $0
Net Assets $1,363,940

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2019

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2018

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$54,644
Expenses
$110,930
Net Income
-$165,574
Net Assets
$1,765,717
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $91
Dividends $25,638
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $58,146
52.4%
Compensation of Officers* $26,522
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 $1,765,717
Total Liabilities $0
Net Assets $1,765,717

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$121,926
Expenses
$127,127
Net Income
-$5,201
Net Assets
$1,931,291
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $244
0.2%
Dividends $26,788
22.0%
Sales of Assets $63,094
51.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $87,081
68.5%
Compensation of Officers* $26,000
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 $2,005,514
Total Liabilities $74,223
Net Assets $1,931,291

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$172,762
Expenses
$142,101
Net Income
$30,661
Net Assets
$1,936,492
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $253
0.1%
Dividends $31,000
17.9%
Sales of Assets $111,033
64.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $108,009
76.0%
Compensation of Officers* $21,000
14.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,013,928
Total Liabilities $77,436
Net Assets $1,936,492

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$35,509
Expenses
$84,204
Net Income
-$48,695
Net Assets
$1,905,831
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $127
0.4%
Dividends $29,057
81.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $48,745
57.9%
Compensation of Officers* $21,000
24.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,974,778
Total Liabilities $68,947
Net Assets $1,905,831

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$44,439
Expenses
$164,215
Net Income
-$208,654
Net Assets
$1,954,526
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $106
Dividends $31,261
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $125,330
76.3%
Compensation of Officers* $21,000
12.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,036,953
Total Liabilities $82,427
Net Assets $1,954,526

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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