Civic Intelligence

Mount Tremper Arts Inc.

990 • Fiscal year 2017 • EIN 26-3134868

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

647 South Plank Road PO Box 88MT Tremper, NY 12457

(845) 688-9893

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2017 filings • NTEE A • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.01x

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

2017 filings • NTEE A • $500k-$1M nonprofits • Source year 2017

Net Margin

95th percentile

64%

Higher net margin than 95% of similar nonprofits.

2017 filings • NTEE A • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$42,591

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2017 filings • NTEE A • $500k-$1M nonprofits • Source year 2017

Asset Growth

99th percentile

1359%

Faster asset growth than 99% of similar nonprofits.

2017 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

212%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$372,964

Up $347,402 (+1359%) from 2016

Net Assets

Up

$369,220

Up $345,763 (+1474%) from 2016

Liabilities

Up

$3,744

Up $1,639 (+78%) from 2016

Revenue

Up

$540,344

Up $367,277 (+212%) from 2016

Expenses

Up

$194,581

Up $21,189 (+12%) from 2016

Net Income

Up

$345,763

Up $346,088 (+106489%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $5,842Liabilities 2010: $0Net Assets 2010: $5,8422010Assets 2011: $7,162Liabilities 2011: $0Net Assets 2011: $7,1622011Assets 2012: $9,827Liabilities 2012: $0Net Assets 2012: $9,8272012Assets 2013: $15,140Liabilities 2013: $5,000Net Assets 2013: $10,1402013Assets 2014: $29,649Liabilities 2014: $2,500Net Assets 2014: $27,1492014Assets 2015: $26,282Liabilities 2015: $2,500Net Assets 2015: $23,7822015Assets 2016: $25,562Liabilities 2016: $2,105Net Assets 2016: $23,4572016Assets 2017: $372,964Liabilities 2017: $3,744Net Assets 2017: $369,2202017Assets 2018: $314,926Liabilities 2018: $3,985Net Assets 2018: $310,9412018Assets 2019: $360,460Liabilities 2019: $5,362Net Assets 2019: $355,0982019Assets 2020: $410,441Liabilities 2020: $1,548Net Assets 2020: $408,8932020Assets 2021: $317,945Liabilities 2021: $0Net Assets 2021: $317,9452021Assets 2022: $123,277Liabilities 2022: $0Net Assets 2022: $123,2772022

Highlighted filing

2017

Assets$372,964
Liabilities$3,744
Net Assets$369,220

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $64,672Expenses 2010: $60,127Net Income 2010: $4,5452010Revenue 2011: $67,778Expenses 2011: $66,458Net Income 2011: $1,3202011Revenue 2012: $87,104Expenses 2012: $84,439Net Income 2012: $2,6652012Revenue 2013: $121,344Expenses 2013: $121,031Net Income 2013: $3132013Revenue 2014: $177,783Expenses 2014: $160,774Net Income 2014: $17,0092014Revenue 2015: $198,375Expenses 2015: $201,742Net Income 2015: -$3,3672015Revenue 2016: $173,067Expenses 2016: $173,392Net Income 2016: -$3252016Revenue 2017: $540,344Expenses 2017: $194,581Net Income 2017: $345,7632017Revenue 2018: $205,480Expenses 2018: $243,460Net Income 2018: -$37,9802018Revenue 2019: $237,284Expenses 2019: $246,299Net Income 2019: -$9,0152019Revenue 2020: $225,900Expenses 2020: $203,102Net Income 2020: $22,7982020Revenue 2021: $194,356Expenses 2021: $299,321Net Income 2021: -$104,9652021Revenue 2022: $29,021Expenses 2022: $154,012Net Income 2022: -$124,9912022

Highlighted filing

2017

Revenue$540,344
Expenses$194,581
Net Income$345,763
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$540,344
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,562$372,964▲ $347,402
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$25,562$372,964▲ $347,402
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,105$3,744▲ $1,639
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,105$3,744▲ $1,639
Net Assets / Fund Balance
Unrestricted Net Assets$23,457$369,220▲ $345,763
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$23,457$369,220▲ $345,763
Total Liabilities and Net Assets / Fund Balance$25,562$372,964▲ $347,402
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Crystal WeiExecutive DirectorFT$42,591$42,591
Aynsley VandenbrouckeVice President-$1,000$1,000

Board Members and Trustees

NameTitle
Martha ShermanPresident
Mathew PokoikArtistic Director
Carla PetersonSecretary
Michael SilverstoneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$466,497
Program Service Revenue
$73,797
Investment Income
$50
Other Revenue
$0
All Other Contributions
$406,627
Change in Net Assets
$345,763
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$101,345
Other Expenses$93,236
Total Fundraising Expense$33,150
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$45,684--$45,684
Current Officers, Directors, Trustees, and Key Employees$15,907$10,648$17,036$43,591
All Other Expenses$9,521$4,290$13,811$27,622
Other Employee Benefits$8,327$1,440$2,303$12,070
Other Expenses$4,731$11,948-$11,948
Fees for Services Accounting-$2,600-$2,600
Travel$1,244--$1,244
Total Functional Expenses$125,138$36,293$33,150$194,581
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$59,870$59,870$13,308$46,562
Total Events$59,870$59,870$13,308$46,562
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mount Tremper Arts Inc
EIN
26-3134868
In Care Of
% CRYSTAL WEI
Phone
8456889893
Address
647 SOUTH PLANK ROAD PO BOX 88, MT TREMPER, NY 12457

Signing Officer

Name
Martha Sherman
Title
President
Phone
2127519100
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martha Sherman
Formed
2008
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
5

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Alfred Erdmann CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

Mount Tremper Arts Inc

Primary exempt purpose - the central mission of mount tremper arts, inc (mta) is to provide a cultural center to support contemporary artists in the creation and presentation of new works of art. This mission is reflected in the following goals: i) to support and produce the mount tremper arts watershed laboratory, an annual series celebrating the contemporary arts through the integration of performances, exhibitions, artist residencies, and educational programming. Set amid the pristine setting of the catskill mountains, the series promotes local tourism while acting as a laboratory for contemporary artists. Ii) provide space and time for artists to create new works of art and explore aesthetic questions through an artist-in-residence program. Iii) to sustain the artistic work and vision of the founders, aynsley vandenbroucke and mathew pokoik, in the performing and visual arts. Iv) create an artistic environment where creative risk taking and intellectual curiosity is fostered and encouraged. Form 990-ez, part v, information regarding personal benefit contracts: the organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.

Form 990 Part IX Line 24 - Other Expenses

Description:office expenses total expenses:4290 management and general:4290

Form 990 Part IX Line 24 - Other Expenses

Description:advertising total expenses:8922 program services:8922

Form 990 Part IX Line 24 - Other Expenses

Description:fundraising costs total expenses:13811 fundraising:13811

Form 990 Part IX Line 24 - Other Expenses

Description:production costs total expenses:599 program services:599

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IRS990/ProgramServiceRevenueGrp/Desc4RETREAT RENTALS
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IRS990/PYTotalRevenueAmt0173067
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
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IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleG/LicensedStatesCd0NY
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIMARY EXEMPT PURPOSE - THE CENTRAL MISSION OF MOUNT TREMPER ARTS, INC (MTA) IS TO PROVIDE A CULTURAL CENTER TO SUPPORT CONTEMPORARY ARTISTS IN THE CREATION AND PRESENTATION OF NEW WORKS OF ART. THIS MISSION IS REFLECTED IN THE FOLLOWING GOALS: I) TO SUPPORT AND PRODUCE THE MOUNT TREMPER ARTS WATERSHED LABORATORY, AN ANNUAL SERIES CELEBRATING THE CONTEMPORARY ARTS THROUGH THE INTEGRATION OF PERFORMANCES, EXHIBITIONS, ARTIST RESIDENCIES, AND EDUCATIONAL PROGRAMMING. SET AMID THE PRISTINE SETTING OF THE CATSKILL MOUNTAINS, THE SERIES PROMOTES LOCAL TOURISM WHILE ACTING AS A LABORATORY FOR CONTEMPORARY ARTISTS. II) PROVIDE SPACE AND TIME FOR ARTISTS TO CREATE NEW WORKS OF ART AND EXPLORE AESTHETIC QUESTIONS THROUGH AN ARTIST-IN-RESIDENCE PROGRAM. III) TO SUSTAIN THE ARTISTIC WORK AND VISION OF THE FOUNDERS, AYNSLEY VANDENBROUCKE AND MATHEW POKOIK, IN THE PERFORMING AND VISUAL ARTS. IV) CREATE AN ARTISTIC ENVIRONMENT WHERE CREATIVE RISK TAKING AND INTELLECTUAL CURIOSITY IS FOSTERED AND ENCOURAGED. FORM 990-EZ, PART V, INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION:OFFICE EXPENSES TOTAL EXPENSES:4290 MANAGEMENT AND GENERAL:4290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:ADVERTISING TOTAL EXPENSES:8922 PROGRAM SERVICES:8922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:FUNDRAISING COSTS TOTAL EXPENSES:13811 FUNDRAISING:13811
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:PRODUCTION COSTS TOTAL EXPENSES:599 PROGRAM SERVICES:599
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0MOUNT TREMPER ARTS INC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TaxExemptBondsInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0372964
IRS990/TotalAssetsGrp/BOYAmt025562
IRS990/TotalAssetsGrp/EOYAmt0372964
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036293
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125138
IRS990/TotalFunctionalExpensesGrp/TotalAmt0194581
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.29$1.54$1.25
2021Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$1.94$2.99$1.05
2020Detailed filing. Detailed filing data is available for this year.$4.10$0.02$4.09$2.26$2.03$0.23
2019Detailed filing. Detailed filing data is available for this year.$3.60$0.05$3.55$2.37$2.46$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.15$0.04$3.11$2.05$2.43$0.38
2017Detailed filing. Detailed filing data is available for this year.$3.73$0.04$3.69$5.40$1.95$3.46
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.23$1.73$1.73$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.24$1.98$2.02$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.27$1.78$1.61$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.05$0.10$1.21$1.21$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.87$0.84$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.68$0.66$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.65$0.60$0.05