Civic Intelligence

The Decorative Arts Trust

EIN 23-2048668 • 501(c)3 • Media, PA

Pub. 78 Eligible

Profile

Publication of magazine and presentation of educational symposiums.

206 W State Street 300Media, PA 19063

decorativeartstrust.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.02x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

0.05x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

61st percentile

10%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

65th percentile

11%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-3.6%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,578,812

Up $910,384 (+11%) from 2023

Liabilities

Up

$167,522

Up $119,830 (+251%) from 2023

Net Assets

Up

$9,411,290

Up $790,554 (+9.2%) from 2023

Revenue

Down

$3,447,110

Down $127,545 (-3.6%) from 2023

Expenses

Down

$3,094,303

Down $200,342 (-6.1%) from 2023

Net Income

Up

$352,807

Up $72,797 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $384,714Liabilities 2011: $0Net Assets 2011: $384,7142011Assets 2012: $393,205Liabilities 2012: $0Net Assets 2012: $393,2052012Assets 2013: $611,026Liabilities 2013: $0Net Assets 2013: $611,0262013Assets 2014: $882,596Liabilities 2014: $0Net Assets 2014: $882,5962014Assets 2015: $1,201,380Liabilities 2015: $0Net Assets 2015: $1,201,3802015Assets 2016: $1,612,375Liabilities 2016: $0Net Assets 2016: $1,612,3752016Assets 2017: $2,291,355Liabilities 2017: $10,930Net Assets 2017: $2,280,4252017Assets 2018: $2,840,164Liabilities 2018: $17,300Net Assets 2018: $2,822,8642018Assets 2019: $4,676,899Liabilities 2019: $20,268Net Assets 2019: $4,656,6312019Assets 2020: $6,371,831Liabilities 2020: $120,631Net Assets 2020: $6,251,2002020Assets 2021: $7,999,879Liabilities 2021: $78,116Net Assets 2021: $7,921,7632021Assets 2022: $7,330,781Liabilities 2022: $49,789Net Assets 2022: $7,280,9922022Assets 2023: $8,668,428Liabilities 2023: $47,692Net Assets 2023: $8,620,7362023Assets 2024: $9,578,812Liabilities 2024: $167,522Net Assets 2024: $9,411,2902024

Highlighted filing

2024

Assets$9,578,812
Liabilities$167,522
Net Assets$9,411,290

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $385,028Expenses 2011: $318,119Net Income 2011: $66,9092011Revenue 2012: $391,055Expenses 2012: $382,564Net Income 2012: $8,4912012Revenue 2013: $397,153Expenses 2013: $201,682Net Income 2013: $195,4712013Revenue 2014: $519,423Expenses 2014: $247,853Net Income 2014: $271,5702014Revenue 2015: $583,679Expenses 2015: $264,895Net Income 2015: $318,7842015Revenue 2016: $1,047,902Expenses 2016: $636,907Net Income 2016: $410,9952016Revenue 2017: $1,489,787Expenses 2017: $821,737Net Income 2017: $668,0502017Revenue 2018: $1,946,658Expenses 2018: $1,404,219Net Income 2018: $542,4392018Revenue 2019: $3,730,784Expenses 2019: $1,897,017Net Income 2019: $1,833,7672019Revenue 2020: $2,317,806Expenses 2020: $723,237Net Income 2020: $1,594,5692020Revenue 2021: $2,838,494Expenses 2021: $1,167,931Net Income 2021: $1,670,5632021Revenue 2022: $3,295,874Expenses 2022: $1,959,627Net Income 2022: $1,336,2472022Revenue 2023: $3,574,655Expenses 2023: $3,294,645Net Income 2023: $280,0102023Revenue 2024: $3,447,110Expenses 2024: $3,094,303Net Income 2024: $352,8072024

Highlighted filing

2024

Revenue$3,447,110
Expenses$3,094,303
Net Income$352,807

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.58$0.17$9.41$3.45$3.09$0.35
2023Detailed filing. Detailed filing data is available for this year.$8.67$0.05$8.62$3.57$3.29$0.28
2022Detailed filing. Detailed filing data is available for this year.$7.33$0.05$7.28$3.30$1.96$1.34
2021Detailed filing. Detailed filing data is available for this year.$8.00$0.08$7.92$2.84$1.17$1.67
2020Detailed filing. Detailed filing data is available for this year.$6.37$0.12$6.25$2.32$0.72$1.59
2019Detailed filing. Detailed filing data is available for this year.$4.68$0.02$4.66$3.73$1.90$1.83
2018Detailed filing. Detailed filing data is available for this year.$2.84$0.02$2.82$1.95$1.40$0.54
2017Detailed filing. Detailed filing data is available for this year.$2.29$0.01$2.28$1.49$0.82$0.67
2016Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$1.05$0.64$0.41
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.58$0.26$0.32
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.52$0.25$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.40$0.20$0.20
2012Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$0.39$0.38$0.01
2011Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.39$0.32$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 18, 2025
Return Version
2024v5.2
Gross Receipts
$3,447,110
Mission and Program Overview

Mission

Publication of magazine and presentation of educational symposiums.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,338,044$9,138,573▲ $800,529
Cash and Non-Interest-Bearing Accounts$329,084$430,969▲ $101,885
Total Assets$8,668,428$9,578,812▲ $910,384
Other Assets Total$1,300$9,270▲ $7,970
Liabilities
Grants Payable-$96,086-
Accounts Payable and Accrued Expenses$47,692$71,436▲ $23,744
Total Liabilities$47,692$167,522▲ $119,830
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,227,526$7,557,600▲ $330,074
Net Assets Without Donor Restrictions$1,393,210$1,853,690▲ $460,480
Total Net Assets Fund Balance$8,620,736$9,411,290▲ $790,554
Total Liabilities and Net Assets / Fund Balance$8,668,428$9,578,812▲ $910,384
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$405,308
Program Service Revenue
$2,678,167
Investment Income
$363,635
Other Revenue
$0
All Other Contributions
$405,308
Change in Net Assets
$352,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,178,092
Salaries, Compensation, and Employee Benefits$556,945
Grants and Similar Amounts Paid$336,105
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,909,840--$1,909,840
Other Salaries and Wages$476,011--$476,011
Grants to Domestic Orgs$336,105--$336,105
Travel$63,282--$63,282
Other Expenses$49,198--$49,198
Payroll Taxes$35,858--$35,858
Other Employee Benefits$27,915--$27,915
Benefits to Members$23,161--$23,161
Fees for Services Accounting$21,200--$21,200
Fees for Services Other$19,969--$19,969
Pension Plan Contributions$17,161--$17,161
Occupancy$14,502--$14,502
Advertising$11,669--$11,669
All Other Expenses$10,520--$10,520
Insurance$9,475--$9,475
Office Expenses$8,561--$8,561
Fees for Services Legal$8,315--$8,315
Information Technology$2,131--$2,131
Total Functional Expenses$3,094,303$0$0$3,094,303
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 35% controlled entity
No
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

Members or stockholder classes and rights Part VI line 6

Form 990, part vi, line 6 - explanation of classes of members or shareholderthe decorative arts trust is a membership organization

Form 990 governing body review Part VI line 11

Form 990, part vi, line 11b - form 990 review processa draft of the form990 was distributed to, and reviewed by the president and treasurer, with comments solicited prior to filing

Governing documents etc available to public Part VI line 19

Form 990, part vi, line 19 - other organization documents publicly availableall documents are available to the public when requested. They are located at the corporate office.

Filing and Contact Details

Filer

Filer Name
The Decorative Arts Trust
EIN
23-2048668
In Care Of
% MATTHEW THURLOW
Phone
6106274970
Address
206 W STATE STREET 300, MEDIA, PA 19063

Signing Officer

Name
Matthew Thurlow
Title
Executive Director
Phone
6106274970
Signed
2025-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Thurlow
Formed
1977
Legal Domicile
Pa
Voting Board Members
29
Independent Board Members
0
Employees
5

Preparer

Firm
Mayur Mehta and Co Pc
Address
853 SECOND ST PIKE STE B107, RICHBORO, PA 18954
Preparer
Mayur Mehta CPA
Phone
2153962950
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990, part i, line 1 - organization mission or significant activitiesthe mission of the decorative arts trust, a non-profit organization, is to promote and foster the appreciation and study of the decorative arts. We achive our mission through: the exchange of information through domestic and international programming; collaborations and partnership with museums and preservation organizations; and underwriting internships, research grants, and scholarships for graduate students and young professionals. To support our misson, the trust offers: symposia, study trips abroad, and other educational programs; the magazine of the decorative arts trust with articles about current events, exhibitions, books, and new research; grants, scholarships, lectures, and internshipa for graduate students and young professionals through the emerging scholars programm; financial assistance for research, exhibitions, and publications through the dean failey fund. Form 990, part iii, line 1 - organization missionthe mission of the decorative arts trust, a non-profit organization, is to promote and foster the appreciation and study of the decorative arts. We achieve our mission through: the exchanfge of information through domestic and international programming; colloborations and partnerships with museums and preservation organizations; and underwriting inernships, research grants, and scholarships for graduate students and young professionals. To support our mission, the trust offers: symposia, study trips abroad, and other educational programs; the magazine of the decorative arts trust with articles about current events, exhibitions, books, and new research; grants, scholarships, lectures, and internships for graduate students and young professionals through the emerging scholars program; financial assistance for research, exhibitions, and publications through the dean failey fund.

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