Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
EIN 03-0267296 • 501(c)3 • Dorset, VT
Profile
DTF's mission is to create bold, innovative, and authentic theatre that engages a diverse, multi-generational community, and economically diverse region: enlightening, entertraining, and inspiring our audience through the celebration of great plays.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Assets
Up$2,357,535
Up $194,016 (+9.0%) from 2023
Liabilities
Up$51,624
Up $26,676 (+107%) from 2023
Net Assets
Up$2,305,911
Up $167,340 (+7.8%) from 2023
Revenue
Up$1,657,204
Up $301,162 (+22%) from 2023
Expenses
Up$1,489,864
Up $97,126 (+7.0%) from 2023
Net Income
Up$167,340
Up $204,036 (+556%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The theatre affords young actors, professional and technical personnel educational and training opportunities as well as providing the community a professional theatre.
DORSET THEATRE FESTIVAL., INC.'s mission is to create bold, innovative, and authentic theatre that engages a diverse, multi-generational community, and economically diverse region: enlightening, entertraining, and inspiring our audience through the celebration of great plays.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $511,743 | $495,124 | ▼ $16,619 |
| Cash and Non-Interest-Bearing Accounts | $368,102 | $414,529 | ▲ $46,427 |
| Savings and Temporary Cash Investments | $125,659 | $97,528 | ▼ $28,131 |
| Pledges and Grants Receivable | $20,000 | $50,000 | ▲ $30,000 |
| Prepaid Expenses and Deferred Charges | $23,510 | $29,366 | ▲ $5,856 |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $2,163,519 | $2,357,535 | ▲ $194,016 |
| Other Assets Total | $1,114,505 | $1,270,988 | ▲ $156,483 |
| Liabilities | |||
| Other Liabilities | - | $29,503 | - |
| Deferred Revenue | $21,005 | $14,740 | ▼ $6,265 |
| Accounts Payable and Accrued Expenses | $3,943 | $7,381 | ▲ $3,438 |
| Total Liabilities | $24,948 | $51,624 | ▲ $26,676 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $1,149,147 | $1,309,438 | ▲ $160,291 |
| Net Assets Without Donor Restrictions | $989,424 | $996,473 | ▲ $7,049 |
| Total Net Assets Fund Balance | $2,138,571 | $2,305,911 | ▲ $167,340 |
| Total Liabilities and Net Assets / Fund Balance | $2,163,519 | $2,357,535 | ▲ $194,016 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $491,159 | $213,976 | $705,135 |
| Equipment | $-1,156 | $10,945 | $9,789 |
| Other Land Buildings | $5,121 | $569 | $5,690 |
| Other Assets Org | $20,500 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $1,103,805 | $5,000 | - | - | $1,089,042 |
| 2023 | $994,198 | $25,852 | ▲ $163,232 | $45,000 | $1,103,805 |
| 2022 | - | $1,000,000 | ▲ $47,523 | - | $994,198 |
| Name | Title |
|---|---|
| Constance P Beaty | Board Chair |
| Mary-anne Van Degna | President |
| Toby Barclay | Vice President |
| Ryan Koss | Managing Director |
| Annie Keating | Trustee |
| Craig Roberts | Trustee |
| Jill Layman | Trustee |
| Margaret Dunn | Trustee |
| Mary Gerster | Trustee |
| Patricia Nelson | Trustee |
| Rick Jackson | Trustee |
| Sean Dillon | Trustee |
| John Rucker | Exec Art Direct |
| Dennis Bolin | Secretary |
| Diana Stugger | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,180,433 |
| Salaries, Compensation, and Employee Benefits | $309,431 |
| Total Fundraising Expense | $143,859 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $466,260 | $36,068 | $4,509 | $506,837 |
| Current Officers, Directors, Trustees, and Key Employees | $106,374 | $15,196 | $30,392 | $151,962 |
| All Other Expenses | $70,471 | $8,373 | $-3,777 | $75,067 |
| Payroll Taxes | $39,244 | $5,606 | $11,213 | $56,063 |
| Occupancy | $40,938 | $5,286 | $5,286 | $51,510 |
| Other Salaries and Wages | $21,750 | $4,350 | $17,400 | $43,500 |
| Pension Plan Contributions | $40,262 | - | - | $40,262 |
| Other Expenses | $37,892 | - | $8,340 | $37,892 |
| Advertising | $26,699 | - | $2,968 | $29,667 |
| Insurance | $15,126 | $10,722 | - | $25,848 |
| Fees for Service Investment Mgmnt Fees | - | - | $19,764 | $19,764 |
| Depreciation Depletion | $19,216 | $196 | $196 | $19,608 |
| Other Employee Benefits | $12,351 | $1,764 | $3,529 | $17,644 |
| Travel | $5,161 | $2,498 | - | $7,659 |
| Office Expenses | $485 | $486 | $484 | $1,455 |
| Total Functional Expenses | $1,255,460 | $90,545 | $143,859 | $1,489,864 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,489,864 |
| Total Expenses per Audited Statements | $1,489,864 |
| Total Expenses per Form 990 | $1,489,864 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $21,192 |
| Fundraising Gross Income | $21,192 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| The Dance Party Ball | $21,192 | $21,192 | - | $21,192 |
| Total Events | $21,192 | $21,192 | $21,192 | - |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Non | $25,831 |
| Right of Use Liability-current | $3,672 |
“Two key employees are married.”
“Management company-lucille lortel theatre foundationmanagement duties include but are not limited to, planning and executing financial operations and issuing and negotiating contracts.”
“Form 990 is presented to and reviewed by the finance committee before it is sent to the full board of trustees.”
“The Executive Committee (CEO and officers/key employees)meets several times a year and discusses various issues including the organization's conflict of interest policy and makes sure there are no conflicts of interest.”
“The Executive Committee meets and discusses compensation.”
“The Executive Committee (CEO and officers/key employees) meets several times a year to discuss amongst other things the financial position of the organization. An annual audited financial statement is issued after the year end. The Return of Organization Exempt From Income Tax, governing documents and policies are available to the public upon request.”
“The Organization is a not-for-profit organization that is exempt from Federal and State income taxes under Internal Revenue Code Section 501(c)(3) and is classified as a publicly supported organization as described in Section 509(a). The Organization accounts for uncertainty in income tax positions in the financial statements by applying a recognition threshold and measurement attribute for financial statement recognition and measure of a tax position take or expected to be taken in a tax return. Management has analyzed the tax positions taken and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition or disclosure in the financial statements. If the Organization were to incur an income tax liability in the future, the interest on any tax liability would be reported as interest expense and penalties on any income tax liability would be reported as income taxes. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods pending or in progress. The Organizations Forms 990 for the years 2021-2024 are subject to examination.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | DORSET THEATRE FESTIVAL., INC.'s mission is to create bold, innovative, and authentic theatre that engages a diverse, multi-generational community, and economically diverse region: enlightening, entertraining, and inspiring our audience through the celebration of great plays. |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 26699 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 29667 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
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| IRS990/CYContributionsGrantsAmt | 0 | 881729 |
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| IRS990/CYInvestmentIncomeAmt | 0 | 144997 |
| IRS990/CYOtherExpensesAmt | 0 | 1180433 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 196 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 196 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 19608 |
| IRS990/Desc | 0 | FROM JUNE TO SEPTEMBER, THE FESTIVAL MOUNTS FOUR MAIN STAGE PRODUCTIONS DRAWING FROM SOME OF THE COUNTRY'S MOST TALENTED PLAYWRIGHTS, ACTORS AND DIRECTORS.***UNDER THE RECENT LEADERSHIP OF EXECUTIVE ARTISTIC DIRECTOR WILL RUCKER, THE FESTIVAL IS CHANGING THE LANDSCAPE OF REGIONAL THEATRE. BOLD AND INNOVATIVE, DORSET THEATRE FESTIVAL IS GARNERING ACCOLADES FOR ITS COMMITMENT TO NEW PLAY DEVELOPMENT AND IS PROUD TO ENCOURAGE A NEW GENERATION OF PLAYWRIGHTS TO TEST THEIR VOICES HERE. WE DISCOVER NEW TALENT. WE LAUNCH PLAYS THAT GO ON TO NATIONAL ACCLAIM AND THE LIGHTS OF BROADWAY, AS WELL AS MOUNT REGIONAL PREMIERES OF TONY AWARD-WINNING PLAYS TO BRING THE BEST OF OFF-BROADWAY TO VERMONT.***SINCE 2010, OUR GIVING BACK PROGRAM HAS HELPED EXPAND THE REACH OF OUR PRODUCTIONS AND EDUCATIONAL INITIATIVES BY PROVIDING FREE AND REDUCED-COST TICKETS TO THOSE WHO SERVE OUR COMMUNITY EVERYDAY AND THEIR FAMILIES. THESE EFFORTS REACH A NEW GENERATION OF THEATRE AUDIENCES BY PROVIDING PATHWAYS FOR ALL MEMBERS OF OUR COMMUNITY TO SEE WORLD-CLASS THEATRE. EMS WORKERS, FIREFIGHTERS, POLICE, VETERANS AND ACTIVE-DUTY MILITARY, FARMERS, SPECIAL NEEDS COMMUNITY MEMBERS, STUDENT GRADUATES OF THE REFUSE TO USE PROGRAM, HABITAT FOR HUMANITY FAMILIES AND VOLUNTEERS AND NEIGHBOR TO NEIGHBOR VOLUNTEERS.***IN ADDITION, SINCE 2021 THE FESTIVAL HAS OFFERED BUY-ONE-GET ONE TICKETS TO EDUCATORS, AN AFFORDABLE TICKET LOTTERY FOR ALL PERFORMANCES, AND COMPLIMENTARY SPONSORSHIPS TO MINORITY-LED BUSINESSES AND GROUPS THROUGH THE COMMUNITY INCLUSION PARTNERSHIP PROGRAM.***DORSET THEATRE FESTIVAL'S NEW PLAY DEVELOPMENT PROGRAMS WORKS WITH PLAYWRIGHTS FROM CONCEPTION TO PRODUCTION, PROVIDING AN INCUBATOR TO HELP NURTURE NEW VOICES TO SPEAK FROM THEIR OWN EXPERIENCE, ENGAGING IDEAS THAT COME FROM AND RETURN TO OUR COMMUNITY.***THE PIPELINE SERIES FEATURES NEW WORKS AND PROJECTS IN PROCESS THROUGH A VARIETY OF PRESENTATION AND WORKSHOP STYLES. ONE-NIGHT-ONLY PRESENTATIONS, WRITER RESIDENCIES, AND EXTENDED WORKSHOPS BENEFIT. TODAY'S TOP THEATRICAL TALENTS, AS THEY TRAVEL TO DORSET TO WORK ON BRAND NEW PLAYS OR TO TRY OUT BRAND NEW COLLABORATIONS. MANY OF THE PLAYS IN THE SERIES WILL BE FEATURED IN FUTURE DORSET THEATRE MAIN STAGE SEASONS. CONNECTING ARTISTS TO THE FESTIVAL THROUGH THIS DEVELOPMENT OPPORTUNITY MEANS OUR AUDIENCE CAN SAY THEY WERE HERE WHEN HITS WERE BORN.*** |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARGARET DUNN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MARY GERSTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RICK JACKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JILL LAYMAN |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JOHN RUCKER |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | MANAGING DIR. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | EXEC ART DIRECT |
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| IRS990/FormationYr | 0 | 1980 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/FSAuditedInd | 0 | true |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 15126 |
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| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | DORSET THEATRE FESTIVAL., INC.'s mission is to create bold, innovative, and authentic theatre that engages a diverse, multi-generational community, and economically diverse region: enlightening, entertraining, and inspiring our audience through the celebration of great plays. |
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| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 12351 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 17644 |
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| IRS990/OtherExpensesGrp/Desc | 2 | TICKETING/ DEVELOPMENT SOFTWAR |
| IRS990/OtherExpensesGrp/Desc | 3 | ROYALTY, SCRIPTS & SCORE |
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| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 8340 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 105628 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 31430 |
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| IRS990/OtherExpensesGrp/TotalAmt | 3 | 37892 |
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| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 40262 |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 50000 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 29366 |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 711110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 711110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONCESSION INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PERFORMANCE REVENUE |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 498029 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 108674 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 498029 |
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| IRS990/PYInvestmentIncomeAmt | 0 | 163366 |
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| IRS990/PYOtherRevenueAmt | 0 | 106200 |
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| IRS990/PYTotalRevenueAmt | 0 | 1356042 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 167340 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
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| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 125659 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 97528 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 215500 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 170290 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 385790 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 740566 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 680596 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1848776 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 452460 |
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