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Save the Lorraine Foundation

Tax-deductible

Hoopeston, IL501(c)(3)Since 2012Arts & Culture EIN 46-3754471Revenue $235K in FY2025Latest return filed May 29, 2026

On file with the IRSHoopeston, ILTax-exempt since May 2014Publicly supported charity — 170(b)(1)(A)(vi)

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To restore the theatre in the community to enhance the community

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-3754471) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 8 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $44K a year · 23% of revenue · last 3 filings
A surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
95%
of spending
95% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
5.7 mo
of spending, in cash
5.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$14K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$235K
+86% vs prior year
Spent
$167K
To programs
95%
Net assets
$592K
By yearFY2020–FY2025
Revenue
$235K
FY2025▲ +86%
Tap a bar for its year
Revenue by fiscal year
FY2020$100K
FY2021$187K
FY2022$197K
FY2023$211K
FY2024$126K
FY2025$235K
Expenses
$167K
FY2025▲ +38%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$153K
FY2024$121K
FY2025$167K
Net assets
$592K
FY2025▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$348K
FY2021$425K
FY2022$461K
FY2023$519K
FY2024$525K
FY2025$592K

From the FY2025 Form 990 · see the original

Give Follow Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $158K Management & general 5% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Debbie Benjamin
Board Member
$0Pt VII · Sec A
Karla Coon
Board Member
$0Pt VII · Sec A
Tami Goin
Board Member
$0Pt VII · Sec A
Alex Houmes
President
$0Pt VII · Sec A
Eric Houmes
Board Member
$0Pt VII · Sec A
Kim Houmes
Board Member
$0Pt VII · Sec A
Marta Pierce
Secretary
$0Pt VII · Sec A
See Save the Lorraine Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Restores a historic theatre to host community events.

Questions for Save the Lorraine Foundation

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1 program · $158K · in their own filed words · FY2025
01

Restoring THEATRE/BENEFITS the entire COMMUNITY/CURRENTLY showing movies at a smaller theatre to raise funds and be known in community while continuing to work on the lorraine.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-3754471) · Dispute this line
$158Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Iroquois Federal Foundation INCFY2024$2K
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$235K
Ln 12
Fees for servicesLn 2g$194K
Gifts and grantsLn 1h$36K
Other incomeLn 4–11$3K
Money outPt IX
$167K
Ln 25
Programscol B$158K
Managementcol C$9K
Owns and owesPt X
$592K
net assets · Ln 32
Cash and savingsLn 1–2$79K
Total assetsLn 16$606K
LiabilitiesLn 26$14K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$36K
Government grantsLn 1e$36K
Fees for servicesLn 2g$194K
Investment incomeLn 3$892
Other incomeLn 4–11$3K
Total revenueLn 12$235K
Assets in detailPt X, end of year
CashLn 1$79K
Cash and savings togetherLn 1–2$79K
Land, buildings, equipmentLn 10c$527K
Total assetsLn 16$606K
LiabilitiesLn 26$14K
Net assetsLn 32$592K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$15K$79K
Land, buildings, equipmentLn 10c$520K$527K
Total assetsLn 16$536K$606K
LiabilitiesLn 26$11K$14K
Net assetsLn 32$525K$592K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$1K$1K
OccupancyLn 16$22K$22K
InterestLn 20$349$349
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$132K$132K
All other expensesLn 24e$180$180
Total functional expensesLn 25$167K$158K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 29, 2026 $235K$167K$68K$592K 990 PDF
FY2024Filed with the IRS Jun 6, 2025 $126K$121K$5K$525K 990 PDF
FY2023Filed with the IRS May 31, 2024 $211K$153K$59K$519K 990 PDF
FY2022Filed with the IRS Jun 21, 2023 $197K$461K 990 PDF
FY2021Filed with the IRS Jun 10, 2022 $187K$425K 990 PDF
FY2020Filed with the IRS Jun 4, 2021 $100K$348K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments O · Explanations
See the full FY2025 990
Part I · Summary $234,728 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $110,442$36,250
I-9 Program service revenuePrior year $650$194,389
I-10 Investment incomePrior year $8$892
I-11 Other revenuePrior year $15,357$3,197
I-12 Total revenuePrior year $126,457$234,728
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $121,245$166,915
I-18 Total expensesPrior year $121,245$166,915
I-19 Revenue less expensesPrior year $5,212$67,813
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $234,728 across 6 lines filed
VIII-1e Government grants$36,250
VIII-1h Total contributions, gifts and grants$36,250
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $194,389$194,389
VIII-3 Investment incomeRelated to mission $892$892
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,197$3,197
VIII-12 Total revenueRelated to mission $198,478$234,728
Part IX · Statement of functional expenses $166,915 across 8 lines filed
IX-11c Accounting feesManagement $3,220$3,220
IX-12 Advertising and promotionPrograms $3,438$3,438
IX-13 Office expensesManagement $1,322$1,322
IX-16 OccupancyPrograms $21,978$21,978
IX-20 InterestPrograms $349$349
IX-23 InsuranceManagement $4,451$4,451
IX-24 Other expenses (24a–d)Programs $131,977$131,977
IX-24e All other expensesManagement $180$180
IX-25 Total functional expensesPrograms $157,742 · Management $9,173 · Fundraising $0$166,915
Part X · Balance sheet $606,173 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $15,307$79,179
X-10c Land, buildings and equipment, netStart of year $520,383$526,994
X-16 Total assetsStart of year $535,690$606,173
X-17 Accounts payable and accrued expenses$10,308
X-25 Other liabilitiesStart of year $11,079$3,441
X-26 Total liabilitiesStart of year $11,079$13,749
X-27 Net assets without donor restrictionsStart of year $524,611$592,424
X-32 Total net assets or fund balancesStart of year $524,611$592,424
X-33 Total liabilities and net assetsStart of year $535,690$606,173
Part XI · Reconciliation of net assets $592,424 net assets at year end
XI-1 Total revenue$234,728
XI-2 Total expenses$166,915
XI-3 Revenue less expenses$67,813
XI-4 Net assets at start of year$524,611
XI-10 Net assets at end of year$592,424

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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