Civic Intelligence

Martha'S Vineyard Art Association

990 • Fiscal year 2017 • EIN 04-2199875

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

PO Box 761Edgartown, MA 02539

(508) 627-4881

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

58th percentile

6.9%

Higher net margin than 58% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

64th percentile

9.1%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-75%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$702,012

Up $58,779 (+9.1%) from 2016

Net Assets

Up

$702,012

Up $58,779 (+9.1%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$190,507

Down $556,873 (-75%) from 2016

Expenses

Down

$177,385

Down $31,570 (-15%) from 2016

Net Income

Down

$13,122

Down $525,303 (-98%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2010: $122,019Liabilities 2010: $302Net Assets 2010: $121,7172010Assets 2011: $117,466Liabilities 2011: $1,190Net Assets 2011: $116,2762011Assets 2012: $108,092Liabilities 2012: $0Net Assets 2012: $108,0922012Assets 2013: $101,978Liabilities 2013: $0Net Assets 2013: $101,9782013Assets 2014: $89,093Liabilities 2014: $0Net Assets 2014: $89,0932014Assets 2015: $101,694Liabilities 2015: $0Net Assets 2015: $101,6942015Assets 2016: $643,233Liabilities 2016: $0Net Assets 2016: $643,2332016Assets 2017: $702,012Liabilities 2017: $0Net Assets 2017: $702,0122017Assets 2018: $632,735Liabilities 2018: $0Net Assets 2018: $632,7352018Assets 2019: $773,258Liabilities 2019: $0Net Assets 2019: $773,2582019Assets 2020: $815,430Liabilities 2020: -$1,680Net Assets 2020: $817,1102020Assets 2021: $934,437Liabilities 2021: -$7Net Assets 2021: $934,4442021Assets 2022: $840,116Liabilities 2022: $0Net Assets 2022: $840,1162022Assets 2023: $929,738Liabilities 2023: $157Net Assets 2023: $929,5812023Assets 2024: $964,352Liabilities 2024: $0Net Assets 2024: $964,3522024

Highlighted filing

2017

Assets$702,012
Liabilities$0
Net Assets$702,012

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $147,8512010Expenses 2011: $119,5902011Revenue 2012: $114,870Expenses 2012: $123,054Net Income 2012: -$8,1842012Revenue 2013: $126,637Expenses 2013: $132,751Net Income 2013: -$6,1142013Revenue 2014: $133,909Expenses 2014: $147,069Net Income 2014: -$13,1602014Revenue 2015: $187,559Expenses 2015: $174,681Net Income 2015: $12,8782015Revenue 2016: $747,380Expenses 2016: $208,955Net Income 2016: $538,4252016Revenue 2017: $190,507Expenses 2017: $177,385Net Income 2017: $13,1222017Revenue 2018: $155,774Expenses 2018: $183,874Net Income 2018: -$28,1002018Revenue 2019: $263,282Expenses 2019: $198,465Net Income 2019: $64,8172019Revenue 2020: $174,219Expenses 2020: $157,541Net Income 2020: $16,6782020Revenue 2021: $330,882Expenses 2021: $243,007Net Income 2021: $87,8752021Revenue 2022: $307,064Expenses 2022: $261,015Net Income 2022: $46,0492022Revenue 2023: $225,167Expenses 2023: $230,248Net Income 2023: -$5,0812023Revenue 2024: $336,129Expenses 2024: $315,674Net Income 2024: $20,4552024

Highlighted filing

2017

Revenue$190,507
Expenses$177,385
Net Income$13,122
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$190,507
Mission and Program Overview

Mission

The primary exempt purpose of the martha's vineyard art association is to promote and support an art school, museum, gallery and public education programs to promote art appreciation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$643,233$702,012▲ $58,779
Savings and Temporary Cash Investments$601,708$659,762▲ $58,054
Investments Program Related$20,000$20,400▲ $400
Cash and Non-Interest-Bearing Accounts$18,497$19,873▲ $1,376
Land, Buildings, and Equipment, Net$3,028$1,977▼ $1,051
Total Assets$643,233$702,012▲ $58,779
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$643,233$702,012▲ $58,779
Total Liabilities and Net Assets / Fund Balance$643,233$702,012▲ $58,779

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,977$8,831$10,808
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sara AibelPresident
Alison ConveryDirector
Amy Thompson SizeDirector
Eva CincottaDirector
Janis LangleyDirector
June SchoppeDirector
Kathy PoehlerDirector
Marston CloughDirector
Meg MercierDirector
Melinda FagerDirector
Rosalie Ripaldi ChaneDirector
Steve LondonDirector
Gail RodneySecretary
Irving SchoppeTreasurer
Sharon DalyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$60,895
Program Service Revenue
$119,125
Investment Income
$10,487
Other Revenue
$0
All Other Contributions
$49,695
Change in Net Assets
$13,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,752
Salaries, Compensation, and Employee Benefits$59,633
Total Fundraising Expense$1,429
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,515--$54,515
Fees for Services Other$6,251$4,220-$10,471
Occupancy$7,639--$7,639
Fees for Services Accounting$1,367$5,939-$7,306
Office Expenses$5,843-$1,429$7,272
Advertising$6,650--$6,650
Payroll Taxes$5,118--$5,118
All Other Expenses$4,800$11-$4,811
Other Expenses$2,748--$2,748
Insurance$2,704--$2,704
Depreciation Depletion$1,051--$1,051
Total Functional Expenses$165,786$10,170$1,429$177,385
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Sara aibel 235 herring creek vineyard haven, ma 02568 sharon daly 77 wasque ave edgartown, ma 02539 gail rodney 21 caleb common edgartown, ma 02539 alison convery 34 down harbor edgartown, ma 02539 marston clough 30 briarwood lane vineyard haven, ma 02568 june schoppe 24 down harbor edgartown, ma 02539 janis langley 26 tia anna oak bluffs, ma 02557 eva cincotta 43 e. Wyoming ave melrose, ma 02176 rosalie ripaldi chane 69 water st edgartown, ma 02539 meg mercier 60 hines point vineyard haven, ma 02568 irving schoppe down harbor rd edgartown, ma 02539 amy thompson size woodlawn ave vineyard haven, ma 02568 melinda fager wasque rd edgartown, ma 02539 steve london 12 beach st ext oak bluffs, ma 02557 kathy poehler 26 cook rd vineyard haven, ma 02568

Form 990, Page 6, Part VI, Line 11B

UPON REQUEST

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
MARTHA'S VINEYARD ART ASSOCIATION
EIN
04-2199875
Phone
5086274881
Address
PO BOX 761, EDGARTOWN, MA 02539

Signing Officer

Name
Irving Schoppe
Title
Treasurer
Phone
5086274881
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Aibel
Formed
1954
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
6

Preparer

Firm
Vineyard Tax Matters Inc
Address
455 STATE RD PMB 244, VINEYARD HAVEN, MA 02568
Preparer
Donna L Cummens
Phone
5086939372
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0702012
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0601708
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0119125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0134865
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0152797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0114198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0109500
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010487
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08831
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010808
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01977
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.OLDSCULPINGALLERY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0IRVING SCHOPPE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05086274881
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARTHA'S VINEYARD ART ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MART
ReturnHeader/Filer/EIN0042199875
ReturnHeader/Filer/PhoneNum05086274881
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 761
ReturnHeader/Filer/USAddress/CityNm0EDGARTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.38.96.135
ReturnHeader/FilingSecurityInformation/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:42:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200227289
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VINEYARD TAX MATTERS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 STATE RD PMB 244
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VINEYARD HAVEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002568
ReturnHeader/PreparerPersonGrp/PhoneNum05086939372

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.64$0.00$9.64$3.36$3.16$0.20
2023Detailed filing. Detailed filing data is available for this year.$9.30$0.00$9.30$2.25$2.30$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.40$0.00$8.40$3.07$2.61$0.46
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.34$0.00$9.34$3.31$2.43$0.88
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.15$0.02$8.17$1.74$1.58$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.73$0.00$7.73$2.63$1.98$0.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.33$0.00$6.33$1.56$1.84$0.28
2017Detailed filing. Detailed filing data is available for this year.$7.02$0.00$7.02$1.91$1.77$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$0.00$6.43$7.47$2.09$5.38
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$1.88$1.75$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$1.34$1.47$0.13
2013Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$1.27$1.33$0.06
2012Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$1.15$1.23$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.01$1.16$1.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$1.48