2022-07-11T12:59:46-05:00 2021-12-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2021-01-01 042725296 FEATHERSTONE CENTER FOR THE ARTS INC FEAT 5086931850 PO BOX 1145 OAK BLUFFS MA 02557 ANN SMITH EXECUTIVE DIRECTOR 5086931850 2022-07-11 1 ANN SMITH XXX-XX-XXXX EDWARD TAYLOR P00299025 7818626833 2022-07-05 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ANN SMITH PO BOX 1145 OAK BLUFFS MA 02557 1546197 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. 12 12 24 25 0 0 350593 638954 86878 246430 34767 65272 48171 88802 520409 1039458 0 0 0 0 280800 346562 0 0 117339 335150 370584 615950 717146 -95541 322312 6002167 6186967 1206376 1053755 4795791 5133212 X 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 377714 181551 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. 99551 64879 THE ORGANIZATION PROVIDES YEAR-ROUND GALLERY SHOWS AND EVENINGS OF MUSIC AND POETRY READINGS. 34360 INCLUDES MISCELLANEOUS EVENT INCOME. 34360 477265 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 56 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 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 ANN ELIZABETH SMITH EXECUTIVE DIRECTOR 40.00 X 117584 0 4813 117584 0 4813 1 0 0 0 0 169946 469008 5500 638954 WORKSHOPS AND CLASSES 611610 181551 181551 ART GALLERY 611610 64879 64879 246430 35199 35199 18650 0 18650 18650 18650 491465 461392 30073 30073 30073 81139 45347 35792 35792 OTHER SPECIAL EVENTS 900099 34360 34360 34360 1039458 280790 0 119714 122397 98158 12240 11999 178016 85044 28809 64163 18817 10227 2762 5828 27332 16771 3711 6850 30096 30096 10061 10061 25388 24532 571 285 13151 11297 1236 618 8385 7127 419 839 31547 28393 1577 1577 20435 16348 3065 1022 112005 89604 16801 5600 34138 29017 3414 1707 SUPPLIES 27721 22583 5138 REPAIRS AND MAINTENANCE 23245 19758 2325 1162 CREDIT CARD FEES 17613 17613 FUNDRAISING EXPENSES 15596 15596 1203 793 317 93 717146 477265 122542 117339 558086 653152 803906 298552 153260 4779 4612 44129 4074367 769019 3405750 3305348 1225034 1732526 6002167 6186967 25176 33755 1020000 1020000 100000 61200 0 1206376 1053755 X 4759288 4953272 36503 179940 4795791 5133212 6002167 6186967 322312 15109 0 X 0 1 X 1 0 X 631091 681278 456093 350593 638954 2758009 224230 321401 241509 173528 361928 1322596 855321 1002679 697602 524121 1000882 4080605 29121 19600 48721 0 29121 19600 48721 4031884 59001 84890 62988 27915 35199 269993 59001 84890 62988 27915 35199 269993 11493 19399 13656 18650 63198 914322 1099062 779989 565692 1054731 4413796 0.91350 0.95120 0.06120 0.03820 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1850849 79464 93145 1837168 1901756 106925 157832 1850849 1748667 256612 103523 1901756 1945193 -110840 85686 1748667 2725164 64586 854557 1945193 1.00000 0 0 188762 188762 3645659 638919 3006740 153922 115081 38841 86024 15019 71005 3305348 X 1051578 15109 7072 22181 1029397 10061 10061 1039458 714157 7072 7072 707085 10061 10061 717146 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 7,072. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE REDUCING FUNDRAISING EVENT INCOME 7,072. HOLIDAY SHOW 81139 81139 45347 81139 81139 45347 45347 35792 PAMELA FLAM FORMER DIRECTOR FINANCE CONSTRUCTION OF ORGANIZATION'S FACILITIES X 1000000 1020000 0 0 1 1020000 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.