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Mary Lane Morrison Foundation Inc

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
$133k (2024)

Expenses
$147k (2024)

Total Assets
$2.09M (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
$133,231
Expenses
$147,168
Net Income
-$13,937
Net Assets
$2,087,249
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4
0.0%
Dividends $50,207
37.7%
Sales of Assets $82,440
61.9%
Other Income $580
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $115,000
78.1%
Compensation of Officers* $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 $2,087,249
Total Liabilities $0
Net Assets $2,087,249
Compensation
Key Employees and Officers Compensation Other
Mary Reynolds Morrison (President) $0 $0
Mary Morrison Moore (Secretary) $0 $0
Timothy Temple Moore (Assistant Secretary) $0 $0
Camille Warnell Morrison (Assistant Treasurer) $0 $0
Howard J Morrison Iii (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$51,627
Expenses
$214,570
Net Income
-$162,943
Net Assets
$2,076,186
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3
0.0%
Dividends $47,656
92.3%
Sales of Assets $3,557
6.9%
Other Income $411
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $182,300
85.0%
Compensation of Officers* $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 $2,076,186
Total Liabilities $0
Net Assets $2,076,186
Compensation
Key Employees and Officers Compensation Other
Mary Reynolds Morrison (President) $0 $0
Mary Morrison Moore (Secretary) $0 $0
Timothy Temple Moore (Assistant Secretary) $0 $0
Camille Warnell Morrison (Assistant Treasurer) $0 $0
Howard J Morrison Iii (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$169,143
Expenses
$174,374
Net Income
-$5,231
Net Assets
$2,233,847
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $25
0.0%
Dividends $44,892
26.5%
Sales of Assets $119,490
70.6%
Other Income $4,736
2.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $137,126
78.6%
Compensation of Officers* $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 $2,233,847
Total Liabilities $0
Net Assets $2,233,847
Compensation
Key Employees and Officers Compensation Other
Mary Reynolds Morrison (President) $0 $0
Mary Morrison Moore (Secretary) $0 $0
Timothy Temple Moore (Assistant Secretary) $0 $0
Camille Warnell Morrison (Assistant Treasurer) $0 $0
Howard J Morrison Iii (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$402,674
Expenses
$177,526
Net Income
$225,148
Net Assets
$2,238,003
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5
0.0%
Dividends $63,604
15.8%
Sales of Assets $338,788
84.1%
Other Income $277
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $141,725
79.8%
Compensation of Officers* $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 $2,238,003
Total Liabilities $0
Net Assets $2,238,003
Compensation
Key Employees and Officers Compensation Other
Mary Reynolds Morrison (President) $0 $0
Mary Morrison Moore (Secretary) $0 $0
Timothy Temple Moore (Assistant Se) $0 $0
Camille Warnell Morrison (Assistant Tr) $0 $0
Howard J Morrison Iii (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$145,338
Expenses
$161,816
Net Income
-$16,478
Net Assets
$2,012,572
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $30
0.0%
Interest Revenue $89
0.1%
Dividends $43,120
29.7%
Sales of Assets $101,117
69.6%
Other Income $982
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $129,050
79.8%
Compensation of Officers* $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 $2,012,573
Total Liabilities $1
Net Assets $2,012,572
Compensation
Key Employees and Officers Compensation Other
Mary Reynolds Morrison (President) $0 $0
Mary Morrison Moore (Secretary) $0 $0
Timothy Temple Moore (Assistant Se) $0 $0
Camille Warnell Morrison (Assistant Tr) $0 $0
Howard J Morrison Iii (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$134,975
Expenses
$171,688
Net Income
-$36,713
Net Assets
$2,035,734
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $488
0.4%
Dividends $52,218
38.7%
Sales of Assets $81,729
60.6%
Other Income $540
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $135,050
78.7%
Compensation of Officers* $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 $2,035,735
Total Liabilities $1
Net Assets $2,035,734
Compensation
Key Employees and Officers Compensation Other
Mary Reynolds Morrison (President) $0 $0
Mary Morrison Moore (Secretary) $0 $0
Timothy Temple Moore (Assistant Se) $0 $0
Camille Warnell Morrison (Assistant Tr) $0 $0
Howard J Morrison Iii (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$279,775
Expenses
$165,170
Net Income
$114,605
Net Assets
$2,062,963
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $191
0.1%
Dividends $47,529
17.0%
Sales of Assets $229,887
82.2%
Other Income $2,168
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $128,000
77.5%
Compensation of Officers* $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 $2,062,963
Total Liabilities $0
Net Assets $2,062,963

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
$169,218
Expenses
$183,952
Net Income
-$14,734
Net Assets
$1,904,991
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $43,947
26.0%
Sales of Assets $124,889
73.8%
Other Income $381
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $149,420
81.2%
Compensation of Officers* $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 $1,904,991
Total Liabilities $0
Net Assets $1,904,991

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$244,895
Expenses
$160,911
Net Income
$83,984
Net Assets
$1,914,496
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3
0.0%
Dividends $40,904
16.7%
Sales of Assets $203,423
83.1%
Other Income $565
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $128,500
79.9%
Compensation of Officers* $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 $1,914,496
Total Liabilities $0
Net Assets $1,914,496

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$206,430
Expenses
$97,617
Net Income
$108,813
Net Assets
$1,811,365
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $33,712
16.3%
Sales of Assets $172,460
83.5%
Other Income $256
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $91,750
94.0%
Compensation of Officers* $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 $1,811,365
Total Liabilities $0
Net Assets $1,811,365

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$123,001
Expenses
$152,277
Net Income
-$29,276
Net Assets
$1,769,763
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $40
0.0%
Dividends $35,125
28.6%
Sales of Assets $87,833
71.4%
Other Income $3
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $136,500
89.6%
Compensation of Officers* $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 $1,769,764
Total Liabilities $1
Net Assets $1,769,763

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$169,683
Expenses
$177,406
Net Income
-$7,723
Net Assets
$1,803,646
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $17
0.0%
Dividends $63,552
37.5%
Sales of Assets $66,268
39.1%
Other Income $39,846
23.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $162,925
91.8%
Compensation of Officers* $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 $1,803,647
Total Liabilities $1
Net Assets $1,803,646

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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