2021-11-15T11:37:22-06:00 2020-12-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2020-01-01 042725296 FEATHERSTONE CENTER FOR THE ARTS INC FEAT 5086931850 PO BOX 1145 OAK BLUFFS MA 02557 PERRY PATTERSON PRESIDENT 5086931850 2021-11-12 1 PERRY PATTERSON XXX-XX-XXXX EDWARD TAYLOR P00299025 7818626833 2021-11-12 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANN SMITH PO BOX 1145 OAK BLUFFS MA 02557 1638235 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. 11 11 23 25 0 0 226710 350593 241509 86878 145846 34767 164014 48171 778079 520409 0 0 0 0 351378 280800 0 0 102393 455315 335150 806693 615950 -28614 -95541 6019066 6002167 1142249 1206376 4876817 4795791 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 307234 83719 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. 106556 3159 THE ORGANIZATION PROVIDES YEAR-ROUND GALLERY SHOWS AND EVENINGS OF MUSIC AND POETRY READINGS. 4645 INCLUDES MISCELLANEOUS EVENT INCOME. 4645 413790 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 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 47 0 1 23 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 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 MARILYN WORTMAN PRESIDENT 2.00 X X 0 0 0 MARGO URBANY-JOYCE TREASURER 2.00 X X 0 0 0 NINA HOWELL SECRETARY 2.00 X X 0 0 0 PERRY PATTERSON VICE PRESIDENT 2.00 X X 0 0 0 ANGELA EGERTON DIRECTOR 2.00 X 0 0 0 BOB AVAKIAN DIRECTOR 2.00 X 0 0 0 ELLEN PESCH DIRECTOR 2.00 X 0 0 0 LARISSA BERNAT DIRECTOR 2.00 X 0 0 0 LISA BROWN LANGLEY DIRECTOR 2.00 X 0 0 0 PAUL MAHONEY DIRECTOR 2.00 X 0 0 0 SHELLEY CHRISTIANSEN DIRECTOR 2.00 X 0 0 0 ANN ELIZABETH SMITH EXECUTIVE DIRECTOR 40.00 X 106904 0 4874 106904 0 4874 1 0 0 0 0 350593 350593 WORKSHOPS AND CLASSES 611610 83719 83719 ART GALLERY 611610 3159 3159 86878 27915 27915 9011 0 9011 9011 9011 1072543 1065691 6852 6852 6852 86650 52135 34515 34515 OTHER SPECIAL EVENTS 900099 4645 4645 4645 520409 91523 0 78293 111442 89154 11144 11144 146490 64978 14186 67326 22868 13665 2246 6957 19173 19173 16323 16323 22604 20655 1299 650 11585 10115 980 490 6373 5430 314 629 32260 29034 1613 1613 23165 18532 3475 1158 110855 88684 16628 5543 42025 35721 4203 2101 REPAIRS AND MAINTENANCE 25954 22061 2595 1298 SUPPLIES 11883 7154 4729 CREDIT CARD FEES 8367 8367 FUNDRAISING EXPENSES 3456 3456 1127 240 859 28 615950 413790 99767 102393 322250 558086 208759 803906 142386 4779 8110 4612 4062763 657013 3493012 3405750 1844549 1225034 6019066 6002167 22249 25176 1020000 1020000 100000 100000 0 61200 1142249 1206376 X 4707751 4759288 169066 36503 4876817 4795791 6019066 6002167 -95541 14515 0 X 0 1 X 1 0 X 3259477 631091 681278 456093 350593 5378532 313332 224230 321401 241509 173528 1274000 3572809 855321 1002679 697602 524121 6652532 29121 29121 0 29121 29121 6623411 31007 59001 84890 62988 27915 265801 31007 59001 84890 62988 27915 265801 11493 19399 13656 44548 3603816 914322 1099062 779989 565692 6962881 0.95120 0.95740 0.03820 0.03510 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1901756 106925 157832 1850849 1748667 256612 103523 1901756 1945193 -110840 85686 1748667 2725164 64586 854557 1945193 1.00000 0 0 188762 188762 3639555 544501 3095054 153922 101519 52403 80524 10993 69531 3405750 SBA-PPP LOAN 61200 61200 X 521003 14515 2402 16917 504086 16323 16323 520409 602029 2402 2402 599627 16323 16323 615950 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 2,402. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSE NETTED AGAINST REVENUE ON FORM 990 2,402. HOLIDAY SHOW 86650 86650 52135 86650 86650 52135 52135 34515 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.