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Nonprofit · EIN 04-2078801

MARBLEHEAD ARTS ASSOCIATION

Tax-exempt · MARBLEHEAD, MA 01945

Financials

$236K$227K2023$262K$281K2024
Revenue Expenses · by fiscal year end
Financials of MARBLEHEAD ARTS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$261,994$281,368-$19,374$999,033$27,818$971,215
May 31, 2024990$236,223$226,583$9,640$1,022,948$37,938$985,010
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$195,950
of which government grants
$9,500
Membership dues
$31,865
Program service revenue
$6,940
Investment income
-$3,213
Net rental income
$3,245
Net gain from sales of assets
-$13,480
Other revenue
$62,317

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$119,953
Salaries, compensation and benefits (total)
$134,563
Professional fundraising fees
$0
Accounting fees
$8,815
Depreciation
$26,027
Program services (functional)
$162,485
Management and general (functional)
$92,299
Fundraising (functional)
$26,584

Balance sheet and other

Total assets, start of year
$1,022,948
Total assets, end of year
$999,033
Total liabilities, end of year
$27,818
Net assets, end of year
$971,215
Land, buildings and equipment
$702,119
Net assets without donor restrictions
$901,940
Net assets with donor restrictions
$69,275
Gross receipts
$275,729
Employees
10
Volunteers
15
Year formed
1927
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES MURPHYPRESIDENT
Trustee or director, Officer
10$0
AMY GOLDFARBTREASURER
Trustee or director, Officer
10$0
DBRUCE GREENWALDDIRECTOR, HOUSE COMMITTEE
Trustee or director
10$0
ALESSANDRA DONOVANMEMBERSHIP, COMMUNITY LIAS
Trustee or director
8$0
FRANCISCO URENADIRECTOR
Trustee or director
2$0
LISA MCKENNADIRECTOR
Trustee or director
2$0
FILIPPO NENNADIRECTOR
Trustee or director
2$0
JAY WORTHENCLERK/SECRETARTY
Officer
5$0
990 for the year ended May 31, 2024: 7 people
NameTitleHours / weekCompensation
XHAZZIE KINDLEDIRECTOR OF OPERATIONS
Trustee or director
30$51,670
JAMES MURPHYPRESIDENT
Trustee or director, Officer
10$0
AMY GOLDFARBTREASURER
Trustee or director, Officer
10$0
DBRUCE GREENWALDDIRECTOR, HOUSE COMMITTEE
Trustee or director
10$0
LARRY DUNNDIRECTOR, ART COMMITTEE
Trustee or director
6$0
ALESSANDRA DONOVANMEMBERSHIP, COMMUNITY LIASON
Officer
8$0
JAY WORTHENCLERK/SECRETARTY
Officer
5$0

Address and contacts

Address (IRS master file)
8 HOOPER ST, MARBLEHEAD, MA 01945-3213
Principal officer (990 for 2024)
AMY GOLDFARB, 8 HOOPER ST, MARBLEHEAD, MA 01945
Signed the 990
AMY GOLDFARB, TREASURER
Phone
(781) 631-2608
Return prepared by
PAMELA C BOARDWAY CPA PC

Mission

TO PROMOTE APPRECIATION OF THE FINE AND APPLIED ARTS

990 for the year ended May 31, 2025

Program accomplishments

  • ALL ACTIVITIES RELATE DIRECTLY TO THE ORGANIZATION'S PURPOSE. THIS WAS ACCOMPLISHED BY PRESENTING EXHIBITS,PROGRAMS,CLASSES AND SPECIAL EVENTS.
    Expenses $162,485 · revenue $55,777

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
04-2078801
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1953
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$999,033
Income (IRS master file)
$275,729

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$261,994$281,368$999,033XML
990May 2024$236,223$226,583$1,022,948XML
990May 2023$240,971$210,144$1,007,406IRS
990May 2022–––IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2078801).

Questions about MARBLEHEAD ARTS ASSOCIATION

What is the EIN of MARBLEHEAD ARTS ASSOCIATION?
The employer identification number (EIN) of MARBLEHEAD ARTS ASSOCIATION is 04-2078801.
Is MARBLEHEAD ARTS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
Are donations to MARBLEHEAD ARTS ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARBLEHEAD ARTS ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARBLEHEAD ARTS ASSOCIATION due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARBLEHEAD ARTS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of MARBLEHEAD ARTS ASSOCIATION?
The 990 for the year ended May 31, 2025 names AMY GOLDFARB.
Who are the officers and directors of MARBLEHEAD ARTS ASSOCIATION?
The 990 for the year ended May 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does MARBLEHEAD ARTS ASSOCIATION have?
On its 990 for the year ended May 31, 2025 it reported revenue of $261,994, expenses of $281,368 and total assets of $999,033 at year end.

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