2025-10-30T16:18:05-05:00 2024-12-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2024-01-01 042725296 FEATHERSTONE CENTER FOR THE ARTS INC FEAT 5086931850 PO BOX 1145 OAK BLUFFS MA 02557 ANN SMITH EXECUTIVE DIRECTOR 5086931850 2025-10-30 1 0 EDWARD TAYLOR P00299025 7818626833 2025-10-29 X 2024 2025-03-06 01:10:19Z ANN SMITH PO BOX 1145 OAK BLUFFS MA 02557 1185868 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. 15 15 24 20 0 0 209543 238043 472696 454525 77158 119092 1276662 257873 2036059 1069533 0 0 0 0 598133 520360 0 0 85784 586142 587224 1184275 1107584 851784 -38051 5869015 5901483 70326 65846 5798689 5835637 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 704047 360846 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. 148238 93679 THE ORGANIZATION PROVIDES YEAR-ROUND GALLERY SHOWS AND EVENINGS OF MUSIC AND POETRY READINGS. 852285 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 1 0 0 0 0 0 0 0 0 1 80 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 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 FORMER 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 FORMER DIRECTOR 2.00 X 0 0 0 PAUL MAHONEY DIRECTOR 2.00 X 0 0 0 CHRISTINA BERTSCH DIRECTOR 2.00 X 0 0 0 SHELLEY CHRISTIANSEN FORMER DIRECTOR 2.00 X 0 0 0 CHARLIE WITTENBERG FORMER TREASURER 2.00 X X 0 0 0 ELLEN PESCH SECRETARY 2.00 X X 0 0 0 LISA BROWN LANGLEY FORMER VICE PRESIDENT 2.00 X X 0 0 0 RICHARD MALONEY CLERK 2.00 X X 0 0 0 DEBORAH ALVES PRESIDENT 2.00 X X 0 0 0 DOUGLAS ALLEN DIRECTOR 2.00 X 0 0 0 JEAN KANARIAN VICE PRESIDENT 2.00 X X 0 0 0 JEREMY CRIGLER DIRECTOR 2.00 X 0 0 0 PERRY PATTERSON FORMER DIRECTOR 2.00 X 0 0 0 GLEN MATTERA TREASURER 2.00 X X 0 0 0 GEORGE DAVIS DIRECTOR 2.00 X 0 0 0 JOANN FRUCHTMAN DIRECTOR 2.00 X 0 0 0 VIVIAN BAGUER HOLLAND DIRECTOR 2.00 X 0 0 0 DONNA JOHNSON DIRECTOR 2.00 X 0 0 0 KATHERINE PUTNAM DIRECTOR 2.00 X 0 0 0 MARILYN WORTMAN DIRECTOR 2.00 X 0 0 0 ANN ELIZABETH SMITH EXECUTIVE DIRECTOR 40.00 X 145314 0 7571 145314 0 7571 1 0 1 0 0 238043 30481 238043 WORKSHOPS AND CLASSES 611610 216585 216585 SUMMER CAMPS 611610 105621 105621 ART GALLERY 611610 93679 93679 OPEN STUDIO 611610 38640 38640 454525 102653 102653 57200 0 57200 57200 57200 28924 12485 16439 16439 16439 258174 103850 154324 154324 ENTERTAINMENT EVENTS 900099 46349 46349 46349 1069533 500874 0 330616 X 156409 124602 15972 15835 314621 219599 51688 43334 10343 7559 1485 1299 38987 28490 5600 4897 17500 17500 15327 15327 153001 122700 25611 4690 7341 6395 631 315 15529 12796 1391 1342 111530 97136 8817 5577 113826 91061 17074 5691 44910 38173 4491 2246 SUPPLIES 41266 37617 3649 0 SPECIAL EVENT EXPENSES 32890 32890 0 0 CREDIT CARD FEES 28524 28524 POSTAGE 5580 4743 279 558 1107584 852285 169515 85784 210427 112133 143695 163362 34000 13144 9600 10372 4266920 1106921 3117417 3159999 2353876 2442473 5869015 5901483 70326 65846 70326 65846 X 5738009 5768957 60680 66680 5798689 5835637 5869015 5901483 -38051 74999 0 X 0 1 X 1 0 X 350593 638954 222995 209543 238043 1660128 173528 361928 701577 754585 759048 2750666 524121 1000882 924572 964128 997091 4410794 29121 19600 12700 30568 23532 115521 0 29121 19600 12700 30568 23532 115521 4295273 27915 35199 52503 77158 102653 295428 27915 35199 52503 77158 102653 295428 13656 18650 32086 46700 57200 168292 565692 1054731 1009161 1087986 1156944 4874514 0.88120 0.89370 0.06060 0.05690 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: RENTAL MISCELLANEOUS INCOME - 2020 AMOUNT: $ 13,656. 2021 AMOUNT: $ 18,650. 2022 AMOUNT: $ 32,086. 2023 AMOUNT: $ 46,700. 2024 AMOUNT: $ 57,200. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1688625 194091 122586 1760130 1560081 246416 117872 1688625 1837168 -182216 94871 1560081 1850849 79464 93145 1837168 1901756 106925 157832 1850849 0 0 188762 188762 3755980 937726 2818254 153922 142096 11826 168256 27099 141157 3159999 X 1233055 74999 103850 178849 1054206 15327 15327 1069533 1196107 103850 103850 1092257 15327 15327 1107584 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 103,850. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE REDUCING FUNDRAISING EVENT INCOME 103,850. SUMMER GALA 215288 215288 24943 43003 33354 ANONYMOUS ART 29466 29466 868 1 13420 13420 657 1025 258174 258174 25600 43003 35247 103850 154324 0 0 0 0 0 0 0 0 0 ANN ELIZABETH SMITH EXECUTIVE DIRECTOR 145314 0 0 0 0 0 0 0 7571 0 152885 0 0 0 X 5 30481 FAIR MARKET VALUE 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 78,388. MANAGEMENT AND GENERAL EXPENSES 9,223. FUNDRAISING EXPENSES 4,611. TOTAL EXPENSES 92,222. PROFESSIONAL FEES - OTHER: PROGRAM SERVICE EXPENSES 1,338. MANAGEMENT AND GENERAL EXPENSES 158. FUNDRAISING EXPENSES 79. TOTAL EXPENSES 1,575. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 42,974. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,974. BOOKKEEPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,230. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,230.