Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1985.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
68 cents of each dollar spent went to programs.
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
6 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Supports a community foundation's charitable mission.
Questions for Pictsweet Foundation
Your first name shows with your question. Pictsweet Foundation answers here, for everyone.
The foundation's only program is to accept property for use exclusively for religious, charitable, scientific, literary, or educational purposes primarily in and for the benefit of memphis and shelby county.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 62-1248225) · Dispute this lineBy the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| InvestmentsLn 11–13 | $2.2M | $2.4M |
| Total assetsLn 16 | $2.2M | $2.4M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $2.2M | $2.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Management feesLn 11a | $27K | $27K | ||
| Accounting feesLn 11c | $3K | $3K | ||
| Investment management feesLn 11f | $9K | $9K | ||
| Total functional expensesLn 25 | $39K | $27K | $13K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 13, 2025 | $92K | $39K | $53K | $2.4M | 990 PDF |
| FY2024Filed with the IRS Jan 31, 2025 | $93K | $34K | $59K | $2.2M | 990 PDF |
| FY2023Filed with the IRS Aug 10, 2023 | $18K | $33K | −$15K | $2.0M | 990 PDF |
| FY2022Filed with the IRS Mar 9, 2023 | $201K | $38K | $162K | $2.0M | 990 PDF |
| FY2021Filed with the IRS Feb 11, 2022 | $122K | $31K | $92K | $2.2M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $91,764 revenue, 12 lines filed
Part VI · Governance 3 of 5 board members independent, 1 to look at
Part VIII · Statement of revenue $91,764 across 3 lines filed
Part IX · Statement of functional expenses $39,143 across 3 lines filed
Part X · Balance sheet $2,387,975 assets, 6 lines filed
Part XI · Reconciliation of net assets $2,387,975 net assets at year end
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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