WOONASQUATUCKET VALLEY COMMUNITY BUILD INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
WOONASQUATUCKET VALLEY COMMUNITY BUILD INC (EIN 32-0015513)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-25
IRS object ID
202442699349300019
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-09-25T11:05:15-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN264156406PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WADOVICK & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11300 DIVISION RD STE 104AddressLine1Txt
CityWEST WARWICKCityNm
State AbbreviationRIStateAbbreviationCd
ZIP02893ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320015513EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WOONASQUATUCKET VALLEY COMMUNITYBusinessNameLine1Txt
Business Name Line2BUILD INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlWOONBusinessNameControlTxt
Phone4012737101PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 SIMS AVENUEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02909ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHOWIE SNEIDERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4012737101PhoneNum
Signature2024-06-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY D WADOVICK CPAPreparerPersonNm
PTINP01204328PTIN
Phone4018234004PhoneNum
Preparation2024-08-06PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THE STEEL YARDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerHOWIE SNEIDERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 SIMS AVENUEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02909ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,379,444GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THESTEELYARD.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionTHE STEEL YARD'S HISTORIC CAMPUS IS A PLATFORM FOR PROFESSIONAL ARTISTS, MAKERS AND THE COMMUNITY TO PRACTICE AND LEARN THE INDUSTRIAL ARTS. THE ORGANIZATION FOSTERS CREATIVE AND ECONOMIC OPPORTUNITIES, BY PROVIDING WORKSPACE, TOOLS, TRAINING AND EDUCATION, WHILE FORGING LASTING LINKS TO A LOCAL TRADITION OF CRAFTSMANSHIP.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee24TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$881,694PYContributionsGrantsAmt
CY Contributions Grants$865,942CYContributionsGrantsAmt
PY Program Service Revenue$428,990PYProgramServiceRevenueAmt
CY Program Service Revenue$343,638CYProgramServiceRevenueAmt
PY Investment Income$13,386PYInvestmentIncomeAmt
CY Investment Income$10,896CYInvestmentIncomeAmt
PY Other Revenue$59,696PYOtherRevenueAmt
CY Other Revenue$57,569CYOtherRevenueAmt
PY Total Revenue$1,383,766PYTotalRevenueAmt
CY Total Revenue$1,278,045CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$712,335PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$822,914CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$248,250CYTotalFundraisingExpenseAmt
PY Other Expenses$706,881PYOtherExpensesAmt
CY Other Expenses$709,723CYOtherExpensesAmt
PY Total Expenses$1,419,216PYTotalExpensesAmt
CY Total Expenses$1,532,637CYTotalExpensesAmt
PY Revenues Less Expenses-$35,450PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$254,592CYRevenuesLessExpensesAmt
Total Assets BOY$4,523,665TotalAssetsBOYAmt
Total Assets EOY$4,262,116TotalAssetsEOYAmt
Total Liabilities BOY$782,790TotalLiabilitiesBOYAmt
Total Liabilities EOY$750,139TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,740,875NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,511,977NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE STEEL YARD'S HISTORIC CAMPUS IS A PLATFORM FOR PROFESSIONAL ARTISTS, MAKERS AND THE COMMUNITY TO PRACTICE AND LEARN THE INDUSTRIAL ARTS. THE ORGANIZATION FOSTERS CREATIVE AND ECONOMIC OPPORTUNITIES, BY PROVIDING WORKSPACE, TOOLS, TRAINING AND EDUCATION, WHILE FORGING LASTING LINKS TO A LOCAL TRADITION OF CRAFTSMANSHIP.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$974,069ExpenseAmt
Revenue$343,638RevenueAmt
DescTHE STEEL YARD IS AN AWARD-WINNING A COMMUNITY-BASED INDUSTRIAL ARTS CENTER, A MANUFACTURER OF CUSTOM AND FUNCTIONAL PUBLIC-ART, A CRAFT SCHOOL AND SHARED STUDIO, AND A UNIQUE OUTDOOR VENUE. THE YARD'S 3.8 ACRE CAMPUS, LOCATED IN PROVIDENCE'S INDUSTRIAL VALLEY, IS A CULTURAL ASSET THAT SERVES AS A SPONSOR AND CATALYST FOR INNOVATIVE APPROACHES TO URBAN REVITALIZATION, ARTS PROMOTION, WORKFORCE DEVELOPMENT, AND COMMUNITY GROWTH. THE ORGANIZATION IS COMMITTED TO PROVIDING EXCELLENT EDUCATIONAL AND PROFESSIONAL PROGRAMS IN THE INDUSTRIAL ARTS SO THAT EVERYONE CAN ACCESS THE KNOWLEDGE, SKILLS AND EQUIPMENT NEEDED TO IMPROVE THEIR COMMUNITY. SHARED WORKSPACES HAVE EQUIPMENT FOR WELDING, BLACKSMITHING, JEWELRY, CERAMICS AND THE FOUNDRY ARTS, AND OPEN SPACES ARE USED AS A NEIGHBORHOOD GATHERING PLACE, FOR COMMUNITY EVENTS AND CULTURAL PROGRAMMING.Desc
Total Program Service Expenses$974,069TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee24EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WOONASQUATUCKET VALLEY COMMUNITYBusinessNameLine1Txt
Business Name Line2BUILD INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Phone4012737101PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 SIMS AVENUEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02909ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JENNIFER CARNEVALE
CHAIR5.00Yes (X)Yes (X)$0$0$0
KAREN HARRIS
VICE-CHAIR5.00Yes (X)Yes (X)$0$0$0
FRANK F PREVITI CPA
TREASURER5.00Yes (X)Yes (X)$0$0$0
CONSTANCE BEVERLY
BOARD MEMBER2.00Yes (X)$0$0$0
EVERETT ABITBOL
BOARD MEMBER2.00Yes (X)$0$0$0
NICHOLE RUSTIN
BOARD MEMBER2.00Yes (X)$0$0$0
JAY COOGAN
BOARD MEMBER2.00Yes (X)$0$0$0
DELIA RODRIGUEZ-MASJOAN
BOARD MEMBER2.00Yes (X)$0$0$0
RUPA DATTA
BOARD MEMBER2.00Yes (X)$0$0$0
S KAI CAMERON
BOARD MEMBER2.00Yes (X)$0$0$0
DAVID KIM
BOARD MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$264,250GovernmentGrantsAmt
All Other Contributions$601,692AllOtherContributionsAmt
Noncash Contributions$80,739NoncashContributionsAmt
Total Contributions$865,942TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITIONS AND MATERIALS812900$176,457$176,457
DESIGN & FABRICATION SERVICES611600$156,960$156,960
STUDIO USE AND RESIDENCY611600$7,132$7,132
MERCHANDISE453000$3,089$3,089
FieldValueIRS element (for citing)
Total Program Service Revenue$343,638TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,258TotalRevenueColumnAmt
Exclusion$10,258ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$42,698RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$42,698RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,698TotalRevenueColumnAmt
Related Or Exempt Func Income$42,698RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$81,377SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$80,739SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$638SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$638TotalRevenueColumnAmt
Related Or Exempt Func Income$638RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$28,412FundraisingGrossIncomeAmt
Fundraising Direct Expenses$20,660FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,752TotalRevenueColumnAmt
Exclusion$7,752ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611600BusinessCd
Total Revenue Column$7,119TotalRevenueColumnAmt
Related Or Exempt Func Income$7,119RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$7,119OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,278,045TotalRevenueColumnAmt
Related Or Exempt Func Income$394,093RelatedOrExemptFuncIncomeAmt
Exclusion$18,010ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$98,077TotalAmt
Program Services$53,942ProgramServicesAmt
Management And General$24,520ManagementAndGeneralAmt
Fundraising$19,615FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$627,131TotalAmt
Program Services$344,922ProgramServicesAmt
Management And General$156,783ManagementAndGeneralAmt
Fundraising$125,426FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,816TotalAmt
Program Services$1,549ProgramServicesAmt
Management And General$704ManagementAndGeneralAmt
Fundraising$563FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$31,755TotalAmt
Program Services$17,465ProgramServicesAmt
Management And General$7,939ManagementAndGeneralAmt
Fundraising$6,351FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$63,135TotalAmt
Program Services$34,724ProgramServicesAmt
Management And General$15,784ManagementAndGeneralAmt
Fundraising$12,627FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,673TotalAmt
Program Services$10,270ProgramServicesAmt
Management And General$4,668ManagementAndGeneralAmt
Fundraising$3,735FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$14,382TotalAmt
Program Services$7,910ProgramServicesAmt
Management And General$3,596ManagementAndGeneralAmt
Fundraising$2,876FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,071TotalAmt
Program Services$5,071ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,099TotalAmt
Program Services$6,654ProgramServicesAmt
Management And General$3,025ManagementAndGeneralAmt
Fundraising$2,420FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$112,621TotalAmt
Program Services$61,941ProgramServicesAmt
Management And General$28,156ManagementAndGeneralAmt
Fundraising$22,524FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,380TotalAmt
Program Services$1,859ProgramServicesAmt
Management And General$845ManagementAndGeneralAmt
Fundraising$676FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$432TotalAmt
Program Services$238ProgramServicesAmt
Management And General$108ManagementAndGeneralAmt
Fundraising$86FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$54,689TotalAmt
Program Services$30,079ProgramServicesAmt
Management And General$13,672ManagementAndGeneralAmt
Fundraising$10,938FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$120,525TotalAmt
Program Services$66,289ProgramServicesAmt
Management And General$30,131ManagementAndGeneralAmt
Fundraising$24,105FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$44,535TotalAmt
Program Services$24,494ProgramServicesAmt
Management And General$11,134ManagementAndGeneralAmt
Fundraising$8,907FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONTRACTED LABOR$130,624$130,624
STUDIO EXPENSE$63,359$63,359
SUPPLIES AND MATERIALS$49,798$49,798
EQUIPMENT$42,528$42,528

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$37,007TotalAmt
Program Services$20,353ProgramServicesAmt
Management And General$9,253ManagementAndGeneralAmt
Fundraising$7,401FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,532,637TotalAmt
Program Services$974,069ProgramServicesAmt
Management And General$310,318ManagementAndGeneralAmt
Fundraising$248,250FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$380,756BOYAmt
EOY$186,154EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$81,287BOYAmt
EOY$16,944EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,017BOYAmt
EOY$6,381EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,477,611LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$792,384LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,805,320BOYAmt
EOY$3,685,227EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$245,853BOYAmt
EOY$258,224EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$432BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$109,186EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,523,665BOYAmt
EOY$4,262,116EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$53,320BOYAmt
EOY$30,215EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$51,520BOYAmt
EOY$54,010EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$280,339BOYAmt
EOY$262,767EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$394,211BOYAmt
EOY$399,247EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,400BOYAmt
EOY$3,900EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$782,790BOYAmt
EOY$750,139EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,262,062BOYAmt
EOY$3,100,601EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$478,813BOYAmt
EOY$411,376EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,740,875BOYAmt
EOY$3,511,977EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,523,665BOYAmt
EOY$4,262,116EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$254,592ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$25,694NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,639,977CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,269,248CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$780,284CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$881,694CurrentTaxYearMinus1YearAmt
Current Tax Year$865,942CurrentTaxYearAmt
Total$5,437,145TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,639,977CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,269,248CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$780,284CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$881,694CurrentTaxYearMinus1YearAmt
Current Tax Year$865,942CurrentTaxYearAmt
Total$5,437,145TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$311,237SubstantialContributorsTotAmt
Public Support Total170$5,125,908PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,089CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,293CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,000CurrentTaxYearMinus2YearsAmt
Total$22,382TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$2,911CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,970CurrentTaxYearMinus1YearAmt
Current Tax Year$17,010CurrentTaxYearAmt
Total$44,891TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,169CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,514CurrentTaxYearMinus3YearsAmt
Total$17,683TotalAmt
FieldValueIRS element (for citing)
Total Support$5,522,101TotalSupportAmt
Gross Receipts Rltd Activities$1,565,700GrossReceiptsRltdActivitiesAmt
Public Support CY1700.92830PublicSupportCY170Pct
Public Support PY1700.98260PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationOTHER INCOME 17,683ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$245,853BeginningYearBalanceAmt
Contributions$30,134ContributionsAmt
Investment Earnings Or Losses$32,237InvestmentEarningsOrLossesAmt
Other Expenditures$50,000OtherExpendituresAmt
End Year Balance$258,224EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$257,435BeginningYearBalanceAmt
Contributions$39,997ContributionsAmt
Investment Earnings Or Losses-$36,358InvestmentEarningsOrLossesAmt
Other Expenditures$15,221OtherExpendituresAmt
End Year Balance$245,853EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$247,003BeginningYearBalanceAmt
Investment Earnings Or Losses$22,906InvestmentEarningsOrLossesAmt
Other Expenditures$12,474OtherExpendituresAmt
End Year Balance$257,435EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$215,978BeginningYearBalanceAmt
Investment Earnings Or Losses$31,025InvestmentEarningsOrLossesAmt
End Year Balance$247,003EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$186,954BeginningYearBalanceAmt
Investment Earnings Or Losses$37,822InvestmentEarningsOrLossesAmt
Other Expenditures$8,798OtherExpendituresAmt
End Year Balance$215,978EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,163,400OtherCostOrOtherBasisAmt
Book Value$1,163,400BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,110,866OtherCostOrOtherBasisAmt
Depreciation$598,264DepreciationAmt
Book Value$2,512,602BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$175,185OtherCostOrOtherBasisAmt
Depreciation$165,960DepreciationAmt
Book Value$9,225BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,160OtherCostOrOtherBasisAmt
Depreciation$28,160DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,685,227TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescOTHER SECURITIESDesc
Book Value$258,224BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$258,224TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER LIABILITIESDesc
Amt$3,900Amt
FieldValueIRS element (for citing)
Total Liability$3,900TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,303,739TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$25,694NetUnrealizedGainsInvstAmt
Revenue Not Reported$25,694RevenueNotReportedAmt
Revenue Subtotal$1,278,045RevenueSubtotalAmt
Total Revenue Per Form990$1,278,045TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,532,637TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,532,637ExpensesSubtotalAmt
Total Expenses Per Form990$1,532,637TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE STEEL YARD EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GAAP. AS OF DECEMBER 31, 2023, THE STEEL YARD DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY REALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE STEEL YARDS INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF DECEMBER 31, 2023, THE STEEL YARDS INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE WITH EACH TAXING JURISDICTION.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1IRON POUREvent1Nm
Gross Receipts Event1$28,412GrossReceiptsEvent1Amt
Gross Revenue Event1$28,412GrossRevenueEvent1Amt
Food And Beverage Event1$20,660FoodAndBeverageEvent1Amt
Gross Receipts Total$28,412GrossReceiptsTotalAmt
Gross Revenue Total Events$28,412GrossRevenueTotalEventsAmt
Food And Beverage Total Events$20,660FoodAndBeverageTotalEventsAmt
Direct Expense Summary Events$20,660DirectExpenseSummaryEventsAmt
Net Income Summary$7,752NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$80,739NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, ITEM CTHE STEEL YARD
FORM 990 - ORGANIZATION'S MISSIONTHE STEEL YARD'S HISTORIC CAMPUS IS A PLATFORM FOR PROFESSIONAL ARTISTS, MAKERS AND THE COMMUNITY TO PRACTICE AND LEARN THE INDUSTRIAL ARTS. THE ORGANIZATION FOSTERS CREATIVE AND ECONOMIC OPPORTUNITIES, BY PROVIDING WORKSPACE, TOOLS, TRAINING AND EDUCATION, WHILE FORGING LASTING LINKS TO A LOCAL TRADITION OF CRAFTSMANSHIP.
FORM 990, PAGE 2, PART III, LINE 4ATHE STEEL YARD IS AN AWARD-WINNING A COMMUNITY-BASED INDUSTRIAL ARTS CENTER, A MANUFACTURER OF CUSTOM AND FUNCTIONAL PUBLIC-ART, A CRAFT SCHOOL AND SHARED STUDIO, AND A UNIQUE OUTDOOR VENUE. THE YARD'S 3.8 ACRE CAMPUS, LOCATED IN PROVIDENCE'S INDUSTRIAL VALLEY, IS A CULTURAL ASSET THAT SERVES AS A SPONSOR AND CATALYST FOR INNOVATIVE APPROACHES TO URBAN REVITALIZATION, ARTS PROMOTION, WORKFORCE DEVELOPMENT, AND COMMUNITY GROWTH. THE ORGANIZATION IS COMMITTED TO PROVIDING EXCELLENT EDUCATIONAL AND PROFESSIONAL PROGRAMS IN THE INDUSTRIAL ARTS SO THAT EVERYONE CAN ACCESS THE KNOWLEDGE, SKILLS AND EQUIPMENT NEEDED TO IMPROVE THEIR COMMUNITY. SHARED WORKSPACES HAVE EQUIPMENT FOR WELDING, BLACKSMITHING, JEWELRY, CERAMICS AND THE FOUNDRY ARTS, AND OPEN SPACES ARE USED AS A NEIGHBORHOOD GATHERING PLACE, FOR COMMUNITY EVENTS AND CULTURAL PROGRAMMING.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 12CTHE CONFLICT OF INTEREST POLICY IS ENFORCED THROUGH THE BYLAWS AND REMINDED BY CHAIRPERSON AND DIRECTORS
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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