2024-11-05T07:00:18-06:00 2023-12-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2023-01-01 042725296 FEATHERSTONE CENTER FOR THE ARTS INC FEAT 5086931850 PO BOX 1145 OAK BLUFFS MA 02557 ANN SMITH EXECUTIVE DIRECTOR 5086931850 2024-11-05 1 0 EDWARD TAYLOR P00299025 7818626833 2024-11-04 X 2023 2024-10-15 13:58:12Z ANN SMITH PO BOX 1145 OAK BLUFFS MA 02557 2613775 0 X WWW.FEATHERSTONEART.ORG X 1980 MA A COMMUNITY ARTS CENTER ON MARTHA'S VINEYARD, WHICH PROVIDES EXCELLENT YEAR-ROUND ARTS PROGRAMS FOR RESIDENTS OF MARTHA'S VINEYARD AND VISITORS OF ALL AGES. 16 16 22 25 0 0 222996 209543 461593 472696 65125 77158 201842 1276662 951556 2036059 0 0 0 0 538810 598133 0 0 157861 524025 586142 1062835 1184275 -111279 851784 5850894 5869015 1073248 70326 4777646 5798689 THE FEATHERSTONE CENTER FOR THE ARTS IS A COMMUNITY ARTS CENTER ON MARTHA'S VINEYARD, WHICH PROVIDES EXCELLENT YEAR-ROUND ARTS PROGRAMS FOR RESIDENTS OF MARTHA'S VINEYARD AND VISITORS OF ALL AGES. 0 0 697220 373227 THE ORGANIZATION PROVIDES YEAR-ROUND ARTS PROGRAMS, CLASSES AND CAMPS FOR RESIDENTS OF MARTHA'S VINEYARD AND VISITORS OF ALL AGES AS WELL AS PROVIDES MANY DIVERSE WORKSHOPS, WHICH ARE LED BY PROFESSIONALS IN A VARIETY OF ARTISTIC FIELDS. 161783 140574 THE ORGANIZATION PROVIDES YEAR-ROUND GALLERY SHOWS AND EVENINGS OF MUSIC AND POETRY READINGS. 859003 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 74 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X ANN SMITH 5086931850 PO BOX 1145 OAK BLUFFS MA 02557 ANGELA EGERTON DIRECTOR 2.00 X 0 0 0 BOB AVAKIAN DIRECTOR 2.00 X 0 0 0 LARISSA BERNAT DIRECTOR 2.00 X 0 0 0 NANCY CORVESE DIRECTOR 2.00 X 0 0 0 NINA HOWELL DIRECTOR 2.00 X 0 0 0 PAUL MAHONEY DIRECTOR 2.00 X 0 0 0 RICHARD MALONEY DIRECTOR 2.00 X 0 0 0 SHELLEY CHRISTIANSEN DIRECTOR 2.00 X 0 0 0 CHARLIE WITTENBERG TREASURER 2.00 X X 0 0 0 ELLEN PESCH SECRETARY 2.00 X X 0 0 0 LISA BROWN LANGLEY VICE PRESIDENT 2.00 X X 0 0 0 PERRY PATTERSON PRESIDENT 2.00 X X 0 0 0 DEBORAH ALVES DIRECTOR 2.00 X 0 0 0 DOUGLAS ALLEN DIRECTOR 2.00 X 0 0 0 JEAN KANARIAN DIRECTOR 2.00 X 0 0 0 JEREMY CRIGLER DIRECTOR 2.00 X 0 0 0 ANN ELIZABETH SMITH EXECUTIVE DIRECTOR 40.00 X 142018 0 11458 142018 0 11458 1 0 1 0 0 209543 12866 209543 WORKSHOPS AND CLASSES 611610 373227 373227 ART GALLERY 611610 99469 99469 472696 83819 83819 46700 0 46700 46700 46700 479128 485789 -6661 -6661 -6661 240784 91927 148857 148857 FORGIVENESS OF DEBT INCOME 900099 1040000 1040000 ENTERTAINMENT EVENTS 900099 41105 41105 1081105 2036059 513801 0 1312715 X 153476 122780 15348 15348 377895 219193 53868 104834 23274 13067 3401 6806 43488 27837 5694 9957 15000 15000 14460 14460 124456 101399 18926 4131 7240 6267 648 325 31931 27057 1964 2910 41401 37261 2070 2070 111247 88998 16687 5562 47032 39978 4702 2352 SUPPLIES 71996 63648 8348 REPAIRS AND MAINTENANCE 60144 51122 6015 3007 SPECIAL EVENT EXPENSES 30041 30041 CREDIT CARD FEES 25598 25598 5596 4757 280 559 1184275 859003 167411 157861 439524 210427 93296 143695 71350 34000 1468 9600 4110512 993095 3202438 3117417 2042818 2353876 5850894 5869015 33248 70326 1040000 1073248 70326 X 4663926 5738009 113720 60680 4777646 5798689 5850894 5869015 851784 169259 0 X 0 1 X 1 0 X 456093 350593 638954 222995 209543 1878178 241509 173528 361928 701577 754585 2233127 697602 524121 1000882 924572 964128 4111305 29121 19600 12700 30568 91989 0 29121 19600 12700 30568 91989 4019316 62988 27915 35199 52503 77158 255763 62988 27915 35199 52503 77158 255763 19399 13656 18650 32086 46700 130491 779989 565692 1054731 1009161 1087986 4497559 0.89370 0.90680 0.05690 0.05840 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: RENTAL MISCELLANEOUS INCOME - 2019 AMOUNT: $ 19,399. 2020 AMOUNT: $ 13,656. 2021 AMOUNT: $ 18,650. 2022 AMOUNT: $ 32,086. 2023 AMOUNT: $ 46,700. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1560081 246416 117872 1688625 1837168 -182216 94871 1560081 1850849 79464 93145 1837168 1901756 106925 157832 1850849 1748667 256612 103523 1901756 1.00000 0 0 188762 188762 3687304 832375 2854929 153922 137647 16275 80524 23073 57451 3117417 X 2282784 169259 91926 261185 2021599 14460 14460 2036059 1261741 91926 91926 1169815 14460 14460 1184275 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ON INCOME DIRECTLY RELATED TO THE ORGANIZATION'S PURPOSES AND IS ALSO EXEMPT FROM MASSACHUSETTS INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN MASSACHUSETTS. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT COULD REQUIRE ADJUSTMENTS TO ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE REDUCING FUNDRAISING EVENT INCOME 91,926. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE REDUCING FUNDRAISING EVENT INCOME 91,926. SUMMER GALA 204304 204304 4732 22791 38209 4788 9293 ANONYMOUS ART 24725 24725 489 2 11755 11755 1000 1330 8670 625 240784 240784 1000 4732 24121 46879 4788 10407 91927 148857 0 0 0 0 0 0 0 0 0 ANN ELIZABETH SMITH EXECUTIVE DIRECTOR 142018 0 0 0 0 0 0 0 11458 0 153476 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, PRESIDENT AND TREASURER BEFORE IT IS FILED. A COMPLETED COPY OF THE 990 IS PROVIDED ELECTRONICALLY TO THE FULL BOARD OF DIRECTORS PRIOR TO ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AT THE ANNUAL AUGUST BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY A REVIEW AND APPROVAL OF THE BOARD OF DIRECTORS AND THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - CONSULTANTS: PROGRAM SERVICE EXPENSES 63,817. MANAGEMENT AND GENERAL EXPENSES 7,509. FUNDRAISING EXPENSES 3,754. TOTAL EXPENSES 75,080. PROFESSIONAL FEES - OTHER: PROGRAM SERVICE EXPENSES 6,411. MANAGEMENT AND GENERAL EXPENSES 754. FUNDRAISING EXPENSES 377. TOTAL EXPENSES 7,542. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 31,171. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,171. BOOKKEEPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,663. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,663.