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CMA-SEVERANCE MILLIKIN TA

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Public nonprofit record

CMA-SEVERANCE MILLIKIN TA

EIN 34-6844729 · Arts, Culture & Humanities (A110)

What they do

GRANTS ARE MADE ACCORDING to THE TRUST AGRREMENT DATED 2/23/1976.KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS to THE CLEVELAND MUSEUMOF ART to MAKE ART PURCHASES. UNDER THE OHIO INSTITUTIONAL TRUSTFUNDS ACT of 1999, THE BENEFICIARY HAS CHOSEN to RECEIVE THE MAXIMUMOF INCOME BASE ON THE GREATER of 5 PERCENT of AFV or TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS to THE NEEDS and ACTIVITIES OFTHE BENEFICIARY ORGANIZATION IN THE ATTAINMENT of ITS MISSION. PLEASENOTE THE CHARITY HAS A RIGHT to REMOVE THE TRUSTEE, and THE TRUSTEEHAS THE AUTHORITY to AMEND THE DOCUMENT to INSURE THE CONTINUATIONTO QUALIFY AS A 509A3. KEYBANK MAINTAINS A RESPONSIVENESS to THE NEEDS and ACTIVITIES of EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT of ITS MISSION

Money

Financial picture

Tax year 2025
Revenue$265,037
Expenses$466,485
Assets$5,989,427
Income$472,403
Grants given$2,226,294
Average grant$371,049
Management$54,988
Executive compensation$42,433
Accounting fees$1,050

About this charity

Recognized since
January 1986
Location
4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH 44144
County
Cuyahoga
In care of
KEYBANK BY JOSEPH VELKOS
Primary officer
KEYBANK BY JOSEPH VELKOS, VICE PRESIDENT

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
PWC US TAX LLP
NTEE classification
Arts, Culture & Humanities (A110)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
17
Activity
060000000
Organization
2
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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