2024-11-14T13:01:52-06:00 2023-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2023-01-01 821949598 THE NANTUCKET PROJECT ACADEMY INC NANT 3129896096 4 NORTH WATER STREET NANTUCKET MA 02554 DAVID RAMIREZ CFO 3129896096 2024-11-14 1 1 SANDRA M BROWN CPA P01614103 5088717178 2024-11-13 2023 2024-10-15 13:58:12Z DAVID RAMIREZ 4 NORTH WATER STREET NANTUCKET MA 02554 3543666 0 X WWW.TNP-ACADEMY.ORG X 2017 MA TO ACCELERATE THE DISTRIBUTION AND IMPACT OF IDEAS THAT ADDRESS CHALLENGING PROBLEMS OF OUR TIME WITH A FOCUS ON HUMANITY, ALWAYS. 5 1 5 0 0 0 813810 3005076 85000 538590 0 0 0 0 898810 3543666 0 0 0 0 134909 390513 0 0 0 889425 3290961 1024334 3681474 -125524 -137808 192551 85385 62309 92951 130242 -7566 X OUR VISION IS A WORLD IN WHICH CURIOSITY, FRESH THINKING AND THE DIVERSITY OF HUMAN EXPERIENCE ARE EXPLORED AND CELEBRATED, WHERE PEOPLE LIVE WITH EMPATHY AND GENEROSITY TOWARDS THEMSELVES AND OTHERS, AND WHERE COMMUNITIES WORK COLLABORATIVELY TOWARDS HEALTH, PEACE AND PROSPERITY FOR ALL.OUR MISSION IS TO ACCELERATE THE DISTRIBUTION AND IMPACT OF IDEAS THAT ADDRESS CHALLENGING PROBLEMS OF OUR TIME WITH A FOCUS ON HUMANITY, ALWAYS. 0 0 3396948 1909590 WE ARE STORYTELLERS WHO USE A UNIQUE APPROACH COMBINING PLURALISM PRACTICES, FILM & LIVE CONVERSATIONS TO SOLVE COMPLEX ISSUES FACING AMERICA. WE ACTION THIS THROUGH OUR ANNUAL EVENT AND THROUGH RELEVANT DOCUMENTARIES/FILMS AND TALKS SHOWN AT THE ANNUAL EVENT, SMALLER SATELLITE GATHERINGS AND VIRTUAL MEETINGS. 3396948 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 23 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 MA X X THE ORGANIZATION 3129896096 4 NORTH WATER STREET NANTUCKET MA 02554 KATE BROSNAN CLERK/EXECUTIVE DIRECTOR/PROFESSIONAL SERVICES 40.00 X X 90865 0 6254 TOM SCOTT CHIEF EXECUTIVE OFFICER/DIRECTOR 40.00 X X 46154 0 18511 GAYLE JENNINGS O'BRYNE PRESIDENT 2.00 X X 0 0 0 MARGARETTA ANDREWS TREASURER 2.00 X X 0 0 0 FRANCESCA SCHULER DIRECTOR 2.00 X 81250 0 0 218269 0 24765 0 0 0 0 0 3005076 3005076 NANTUCKET PROJECT ACAD 900099 538590 538590 538590 3543666 538590 0 0 243034 161784 81250 86215 86215 32733 32733 28531 28531 3920 3920 36332 36332 48239 48239 15488 15488 43158 43158 248209 248209 2019766 2019766 56139 56139 PROGRAM EXPENSES 819710 819710 3681474 3396948 284526 0 42551 65343 20042 150000 192551 85385 62309 81951 11000 62309 92951 X 130242 -7566 130242 -7566 192551 85385 -137808 0 X 0 1 X 0 0 X 1478426 895642 1265660 813810 1634076 6087614 1478426 895642 1265660 813810 1634076 6087614 4335533 1752081 6087614 2044590 0.28780 0.29650 X THE ORGANIZATION IS COMMITTED TO PROVIDING THE PUBLIC WITH ALTERNATE VIEWS AND INFORMATION NOT NORMALLY COMMUNICATED IN MAINSTREAM MEDIA. THIS IS THROUGH THOUGHTFUL SOURCING OF KNOWLEDGEABLE INDIVIDUAL OR ORGANIZATIONS IN VARIOUS FIELDS AND BRINGING THEIR STORY TO THE STAGE DURING LIVE GATHERINGS OR VIRTUALLY THROUGH OR DOCUMENTARIES AND SHORT FILMS. WE SOLICIT FUNDING THROUGH LIKE MINDED DONORS AND FOUNDATIONS WHO SUPPORT THIS ENDEAVOR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2723956 -819710 -819710 3543666 0 3543666 2861764 0 2861764 819710 819710 3681474 PART X, LINE 2: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE, OR NONEXISTENCE, OF UNRELATED BUSINESS INCOME AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEAR PRESENTED, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: PROGRAM EVENT EXPENSES -819,710. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROGRAM EVENT EXPENSES 819,710. THE NANTUCKET PROJECT LLC LLC CONTROLED BY KATE BROSNAN WHO IS ON NANTUCKET PROJECT ACADEMY BOARD 93789 REIMBURSEMENT OF EXPENSES TO THE NANTUCKET PROJECT, LLC. 0 FORM 990, PART VI, SECTION A, LINE 2 IN 2023, BOTH THE CLERK/EXECUTIVE DIRECTOR AND THE CEO/DIRECTOR OF TNP ACADEMY WAS ALSO CO-FOUNDER, BOARD MEMBER, EMPLOYEE AND EQUITY HOLDER OF THE NANTUCKET PROJECT, LLC. FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION DID NOT MAINTAIN ANY BOARD MINUTES DURING THE YEAR ENDED DECEMBER 31, 2023. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT MAINTAIN ANY BOARD MINUTES DURING 2023. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR AND CEO IS DETERMINED AFTER REVIEW AND APPROVAL BY THE BOARD. COMPENSATION IS ASSESSED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST.