Nonprofit · EIN 04-2642384
NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS
Tax-exempt · NANTUCKET, MA 02554
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $286,850 | $483,438 | -$196,588 | $2,601,335 | $569,213 | $2,032,122 |
| June 30, 2024 | 990 | $404,200 | $622,630 | -$218,430 | $2,885,698 | $656,988 | $2,228,710 |
| June 30, 2023 | 990 | $143,616 | $564,158 | -$420,542 | $2,955,490 | $508,350 | $2,447,140 |
| June 30, 2022 | 990 | $1,123,013 | $336,386 | $786,627 | $3,339,126 | $471,444 | $2,867,682 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $87,597
- of which government grants
- $22,511
- Program service revenue
- $190,502
- Investment income
- $8,751
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $104
- Accounting fees
- $19,631
- Occupancy
- $17,713
- Travel
- $28
- Depreciation
- $75,432
- Program services (functional)
- $296,019
- Management and general (functional)
- $168,361
- Fundraising (functional)
- $19,058
Balance sheet and other
- Total assets, start of year
- $2,885,698
- Total assets, end of year
- $2,601,335
- Total liabilities, end of year
- $569,213
- Net assets, end of year
- $2,032,122
- Land, buildings and equipment
- $1,999,824
- Net assets without donor restrictions
- $2,022,122
- Net assets with donor restrictions
- $10,000
- Gross receipts
- $286,850
- Employees
- 0
- Volunteers
- 271
- Year formed
- 1978
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA HERHOLD | CLERK Trustee or director, Officer | 40 | $49,580 |
| KATHY KELM | PRESIDENT/TREASURER Trustee or director, Officer | 40 | $47,950 |
| TUCKER CRONIN | DIRECTOR Trustee or director | 3 | $0 |
| VALLORIE OLIVER | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENESE ALLEN | TREASURER Trustee or director, Officer | 40 | $116,747 |
| KATHY KELM | PRESIDENT/DIRECTOR Trustee or director, Officer | 40 | $50,355 |
| LAURA HERHOLD | DIRECTOR Trustee or director | 5 | $45,128 |
| CAROL PUTNAME | DIRECTOR Trustee or director | 3 | $0 |
| TUCKER CRONIN | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENESE ALLEN | TREASURER Trustee or director, Officer | 40 | $108,290 |
| KATHY KELM | PRESIDENT/DIRECTOR Trustee or director, Officer | 40 | $55,123 |
| LAURA HERHOLD | DIRECTOR Trustee or director | 5 | $34,455 |
| CAROL PUTNAME | DIRECTOR Trustee or director | 3 | $0 |
| TUCKER CRONIN | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended June 30, 2022: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENESE ALLEN | TREASURER Trustee or director, Officer | 40 | $87,465 |
| KATHY KELM | PRESIDENT/DIRECTOR Trustee or director, Officer | 40 | $42,905 |
| LAURA HERHOLD | DIRECTOR Trustee or director | 5 | $0 |
| CAROL PUTNAME | DIRECTOR Trustee or director | 3 | $0 |
| TUCKER CRONIN | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1848, NANTUCKET, MA 02554-1848
- Principal officer (990 for 2024)
- KATHY KELM, PO BOX 1848, NANTUCKET, MA 02554
- Signed the 990
- KATHY KELM, PRESIDENT
- Phone
- (508) 737-7917
- Website
- WWW.NISDA.ORG
- Return prepared by
- BURKE & LAMB PC
Mission
TO CREATE AND NURTURE A DIAGOLUE BETWEEN THE ARTS, HUMANITIES AND SCIENCES, AND THE ENVIRONMENT. FURTHER WE AIM TO EXPLORE THE ARTS AS A GLOBAL CONVEYOR OF OUR COMMON HUMANITY AND MEANING, AS EXPRESSION OF HUMAN SIRIT AND RESILIENCY, AND VOICE OF SOCIAL CONSCIENCE. OUR COMMITMENT TO SUPPPORT, ENCOURAGE, AND DEVELOP A VAST CROSS-SECTION OF APPROACHES TO CREATIVE THINKING, INTERDISCIPLINARY ART-MAKING, GLOBAL AWARENESS & AESTHETIC POINTS OF VIEW. AS EDUCATIONAL STEWARDS OF THE ARTS AND THE ENVIRONMENT, WE STRIVE TO CONTRIBUTE TO OUR ISLAND COMMUNITY AND EXTEND THIS GOOD WILL AND INTENTION IN OUR LIVES AND COMMUNITIES ON AND OFF THE ISLAND. WE BELIEVE THAT THROUGH MULTICULTURAL AND INTERDISCPLINARY EDUCATION AND RENEWAL WE CAN SUSTAIN HOPE AND PROGRESS FOR PERSONAL EQUITY, WELLNESS, AND TOWARDS GLOBAL PEACE.
Program accomplishments
- WEEKLY LECTURE SERIES AND WORKSHOPS, COLLEGE AND COMMUNITY PARTNERSHIP PROGRAMS, PROGRAM OF CULTURAL CURRICULUM, COMMUNITY EVENTS, ARTIST IN RESIDENCE PROGRAM AND YOUNG ARTISTS; KINDERARTS, YOUTH CLASSES AND TEEN PROGRAMS.Expenses $296,019 · revenue $190,502
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2642384
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,601,335
- Income (IRS master file)
- $286,850
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $286,850 | $483,438 | $2,601,335 | IRS |
| 990 | June 2024 | $404,200 | $622,630 | $2,885,698 | IRS |
| 990 | June 2023 | $143,616 | $564,158 | $2,955,490 | XML |
| 990 | June 2022 | $1,123,013 | $336,386 | $3,339,126 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 04-2642384).
Questions about NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS
- What is the EIN of NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS?
- The employer identification number (EIN) of NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS is 04-2642384.
- Is NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS 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 NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS?
- The 990 for the year ended June 30, 2025 names KATHY KELM.
- Who are the officers and directors of NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS?
- The 990 for the year ended June 30, 2025 lists 4 people; 2 received compensation from the organization, the highest $49,580 (LAURA HERHOLD, CLERK).
- How much revenue does NANTUCKET ISLAND SCHOOL OF DESIGN AND THE ARTS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $286,850, expenses of $483,438 and total assets of $2,601,335 at year end.
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