2023-08-21T12:31:57-05:00 2022-12-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2022-01-01 042725296 FEATHERSTONE CENTER FOR THE ARTS INC FEAT 5086931850 PO BOX 1145 OAK BLUFFS MA 02557 ANN SMITH EXECUTIVE DIRECTOR 5086931850 2023-08-21 1 ANN SMITH XXX-XX-XXXX 0 EDWARD TAYLOR P00299025 7818626833 2023-07-31 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANN SMITH PO BOX 1145 OAK BLUFFS MA 02557 1490778 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. 16 16 26 20 0 0 638954 222996 246430 461593 65272 65125 88802 201842 1039458 951556 0 0 0 0 346562 538810 0 0 154749 370584 524025 717146 1062835 322312 -111279 6186967 5850894 1053755 1073248 5133212 4777646 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 624262 317005 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. 144656 144588 THE ORGANIZATION PROVIDES YEAR-ROUND GALLERY SHOWS AND EVENINGS OF MUSIC AND POETRY READINGS. 768918 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 92 0 1 26 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 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 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 DIRECTOR 2.00 X 0 0 0 PAUL MAHONEY DIRECTOR 2.00 X 0 0 0 RICHARD MALONEY DIRECTOR 2.00 X 0 0 0 SHELLEY CHRISTIANSEN DIRECTOR 2.00 X 0 0 0 CHARLIE WITTENBERG TREASURER 2.00 X X 0 0 0 ELLEN PESCH SECRETARY 2.00 X X 0 0 0 LISA BROWN LANGLEY VICE PRESIDENT 2.00 X X 0 0 0 PERRY PATTERSON PRESIDENT 2.00 X X 0 0 0 DEBORAH ALVES DIRECTOR 2.00 X 0 0 0 DOUGLAS ALLEN DIRECTOR 2.00 X 0 0 0 JEAN KANARIAN DIRECTOR 2.00 X 0 0 0 JEREMY CRIGLER DIRECTOR 2.00 X 0 0 0 ANN ELIZABETH SMITH EXECUTIVE DIRECTOR 40.00 X 135550 0 4914 135550 0 4914 1 0 0 0 0 222996 13178 222996 WORKSHOPS AND CLASSES 611610 317005 317005 ART GALLERY 611610 144588 144588 461593 52503 52503 31700 0 31700 31700 31700 481616 468994 12622 12622 12622 188144 70228 117916 117916 ENTERTAINMENT EVENTS 900099 51840 51840 MISCELLANEOUS 900099 386 386 52226 951556 513819 0 214741 X 140464 111608 14048 14808 335428 197538 33642 104248 21763 14030 2185 5548 41155 26533 4131 10491 14000 14000 10946 10946 116895 92364 20646 3885 8812 7602 807 403 15270 12980 764 1526 44744 40194 2313 2237 20000 16000 3000 1000 112829 90264 16924 5641 27718 23560 2772 1386 REPAIRS AND MAINTENANCE 52149 44326 5216 2607 SPECIAL EVENT EXPENSES 34714 34714 CREDIT CARD FEES 28048 28048 SUPPLIES 25971 20926 5045 11929 8231 2729 969 1062835 768918 139168 154749 653152 439524 298552 93296 153260 71350 44129 1468 4084286 881848 3305348 3202438 1732526 2042818 6186967 5850894 33755 33248 1020000 1040000 1053755 1073248 X 4953272 4663926 179940 113720 5133212 4777646 6186967 5850894 -111279 -244286 0 X 0 1 X 1 0 X 681278 456093 350593 638954 222995 2349913 321401 241509 173528 361928 701577 1799943 1002679 697602 524121 1000882 924572 4149856 29121 19600 12700 61421 0 29121 19600 12700 61421 4088435 84890 62988 27915 35199 52503 263495 84890 62988 27915 35199 52503 263495 11493 19399 13656 18650 32086 95284 1099062 779989 565692 1054731 1009161 4508635 0.90680 0.91350 0.05840 0.06120 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: RENTAL MISCELLANEOUS INCOME - 2018 AMOUNT: $ 11,493. 2019 AMOUNT: $ 19,399. 2020 AMOUNT: $ 13,656. 2021 AMOUNT: $ 18,650. 2022 AMOUNT: $ 32,086. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1837168 -182216 94871 1560081 1850849 79464 93145 1837168 1901756 106925 157832 1850849 1748667 256612 103523 1901756 1945193 -110840 85686 1748667 1.00000 0 0 188762 188762 3656078 734160 2921918 153922 128643 25279 85524 19045 66479 3202438 X 766551 -244287 70228 -174059 940610 10946 10946 951556 1122117 70228 70228 1051889 10946 10946 1062835 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 70,228. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE REDUCING FUNDRAISING EVENT INCOME 70,228. SUMMER GALA 161674 161674 5000 0 17188 32069 2220 2084 ANONYMOUS ART 18025 18025 1730 345 2 8445 8445 9592 188144 188144 5000 17188 33799 2220 12021 70228 117916 PAMELA FLAM FORMER DIRECTOR FINANCE CONSTRUCTION OF ORGANIZATION'S FACILITIES X 1000000 1040000 0 0 1 1040000 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 63,702. MANAGEMENT AND GENERAL EXPENSES 7,495. FUNDRAISING EXPENSES 3,747. TOTAL EXPENSES 74,944. PROFESSIONAL FEES - OTHER: PROGRAM SERVICE EXPENSES 2,346. MANAGEMENT AND GENERAL EXPENSES 276. FUNDRAISING EXPENSES 138. TOTAL EXPENSES 2,760. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 26,316. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,316. BOOKKEEPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,875. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,875.