Civic Intelligence

Monadnock Art X Tech

990 • Fiscal year 2023 • EIN 47-2146598

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

49 Vose Farm RoadPeterborough, NH 03458

(603) 554-2459

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

56th percentile

6.3%

Higher net margin than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$49,962

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

68th percentile

14%

Faster asset growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

1.6%

Faster revenue growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$187,562

Up $23,009 (+14%) from 2022

Net Assets

Up

$185,930

Up $22,877 (+14%) from 2022

Liabilities

Up

$1,632

Up $132 (+8.8%) from 2022

Revenue

Up

$365,852

Up $5,861 (+1.6%) from 2022

Expenses

Up

$342,975

Up $57,777 (+20%) from 2022

Net Income

Down

$22,877

Down $51,916 (-69%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $17,838Liabilities 2018: $0Net Assets 2018: $17,8382018Assets 2019: $46,557Liabilities 2019: $0Net Assets 2019: $46,5572019Assets 2020: $62,135Liabilities 2020: $18,300Net Assets 2020: $43,8352020Assets 2021: $88,260Liabilities 2021: $0Net Assets 2021: $88,2602021Assets 2022: $164,553Liabilities 2022: $1,500Net Assets 2022: $163,0532022Assets 2023: $187,562Liabilities 2023: $1,632Net Assets 2023: $185,9302023Assets 2024: $261,335Liabilities 2024: $73,136Net Assets 2024: $188,1992024

Highlighted filing

2023

Assets$187,562
Liabilities$1,632
Net Assets$185,930

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $140,614Expenses 2018: $136,939Net Income 2018: $3,6752018Revenue 2019: $238,604Expenses 2019: $209,885Net Income 2019: $28,7192019Revenue 2020: $192,492Expenses 2020: $195,214Net Income 2020: -$2,7222020Revenue 2021: $264,707Expenses 2021: $220,282Net Income 2021: $44,4252021Revenue 2022: $359,991Expenses 2022: $285,198Net Income 2022: $74,7932022Revenue 2023: $365,852Expenses 2023: $342,975Net Income 2023: $22,8772023Revenue 2024: $456,520Expenses 2024: $454,251Net Income 2024: $2,2692024

Highlighted filing

2023

Revenue$365,852
Expenses$342,975
Net Income$22,877
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$374,363
Mission and Program Overview

Mission

To provide a community makerspace dedicated to supporting a vibrant creative and entrepreneurial community in the monadnock, nh region.

To provide a community makerspace dedicated to supporting a vibrant, creative, and entrepreneurial community in hte monadnock, nh region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$102,916-
Land, Buildings, and Equipment, Net$69,270$58,755▼ $10,515
Cash and Non-Interest-Bearing Accounts$92,385$23,391▼ $68,994
Accounts Receivable$398$0▼ $398
Total Assets$164,553$187,562▲ $23,009
Other Assets Total$2,500$2,500→ $0
Liabilities
Other Liabilities$1,500$1,500→ $0
Accounts Payable and Accrued Expenses-$132-
Total Liabilities$1,500$1,632▲ $132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$163,053$185,930▲ $22,877
Total Net Assets Fund Balance$163,053$185,930▲ $22,877
Total Liabilities and Net Assets / Fund Balance$164,553$187,562▲ $23,009

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$53,937$5,721$59,658
Equipment$4,818$17,301$22,119
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roy SchliebenExecutive DirectorFT$49,962$49,962

Board Members and Trustees

NameTitle
Joseph CaracappaChair
James KellyBoard Member
Lisa ButlerBoard Member
Pelagia VincentBoard Member
Tyler WardBoard Member
Ruth BednarzSecretary
Edward LotkowskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$194,686
Program Service Revenue
$157,906
Investment Income
$3,244
Other Revenue
$10,016
All Other Contributions
$185,539
Change in Net Assets
$22,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$228,785
Salaries, Compensation, and Employee Benefits$114,190
Total Fundraising Expense$11,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$139,923--$139,923
Other Salaries and Wages$33,265$16,632$5,544$55,441
Current Officers, Directors, Trustees, and Key Employees$29,977$14,989$4,996$49,962
Fees for Services Other$30,678--$30,678
Depreciation Depletion$12,665--$12,665
Office Expenses$5,715$5,068-$10,783
Information Technology$6,615$2,972-$9,587
Payroll Taxes$5,272$2,636$879$8,787
Advertising$6,964--$6,964
Other Expenses$6,185--$6,185
Insurance-$5,260-$5,260
Total Functional Expenses$283,999$47,557$11,419$342,975
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,681
Fundraising Direct Expenses$8,511
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$17,681$17,681$8,511$9,170
Total Events$17,681$17,681$8,511$9,170
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gallery Loan$1,500
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

Pursuant to the bylaws the members of the corporation shall be those persons from time to time constituting its board of directors. The vote and acts of the directors shall constitute the vote and acts of the members of the corporation for all purposes in which action by the members, as distinguished from action by the board of directors, is required or permitted by law.

Form 990, Part VI, Section B, Line 11B

Form 990 is e-mailed to executive director for their review prior to filing.

Form 990, Part VI, Section B, Line 12C

The board of directors reviews all potential conflicts of interest relationships.

Form 990, Part VI, Section B, Line 15A

The executive director's compensation is reviewed and approved by the board of directors. The board uses comparable data within the industry to determine compensation.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Monadnock Art X Tech
EIN
47-2146598
Phone
6035542459
Address
49 VOSE FARM ROAD, PETERBOROUGH, NH 03458

Signing Officer

Name
Roy Schlieben
Title
Executive Director
Phone
6035542459
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy Schlieben
Formed
2015
Legal Domicile
Nh
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
25

Preparer

Firm
Cbiz Advisors LLC
Address
53 STATE STREET, BOSTON, MA 02109
Preparer
Kristen Cummings
Phone
6178075000
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IRS990/Desc0MONADNOCK ART X TECH (MAXT) WAS FORMED IN 2015 BY A COMMUNITY OF PEOPLE IN THE MONADNOCK REGION LOOKING FOR AN AFFORDABLE PLACE FOR CREATIVE PEOPLE - ARTISTS, ENTREPRENEURS, INNOVATORS, STUDENTS AND EVERYDAY PEOPLE - TO LEARN AND BUILD WHATEVER THEY DREAMED. A MAKERSPACE IS A GATHERING POINT FOR PEOPLE TO SHARE RESOURCES AND KNOWLEDGE, WORK ON PROJECTS, NETWORK, AND BUILD BUSINESSES. MAXT MAKERSPACE HAS 10,000 SQUARE FEET OF OFFICES, STUDIO SPACES AND DEDICATED WORKSHOPS FOR WOODWORKING, METAL WORKING, JEWELRY, TEXTILES, PRINTMAKING, LASER CUTTING, 3D PRINTING AND MORE. OUR MAKERSPACE HOSTS A WIDE RANGE OF CLASSES, TRAININGS AND EVENTS WHERE MEMBERS OF OUR COMMUNITY CAN MEET, LEARN AND HAVE FUN.
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0350000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2019 AMOUNT: $ 8,195. 2020 AMOUNT: $ 8,265. 2021 AMOUNT: $ 40. 2023 AMOUNT: $ 846.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0194686
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0288100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0221902
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0172714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0194703
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01072105
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03244
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0157906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt066449
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt035509
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011827
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt035692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0307383
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03244
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03299
IRS990ScheduleA/InvestmentIncomeCYPct00.00240
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0846
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08265
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt08195
IRS990ScheduleA/OtherIncome509Grp/TotalAmt017346
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73530
IRS990ScheduleA/PublicSupportPY509Pct00.76670
IRS990ScheduleA/PublicSupportTotal509Amt01029488
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0124000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0111200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt060000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt039800
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0350000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0352592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0354549
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0257411
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0184541
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0230395
IRS990ScheduleA/Total509Grp/TotalAmt01379488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0356682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0354562
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0257463
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0192822
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0238604
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01400133
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04818
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017301
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022119
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt053937
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05721
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt059658
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GALLERY LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058755
IRS990ScheduleD/TotalLiabilityAmt01500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08511
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017681
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017681
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017681
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017681
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09170
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08511
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08511
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PURSUANT TO THE BYLAWS THE MEMBERS OF THE CORPORATION SHALL BE THOSE PERSONS FROM TIME TO TIME CONSTITUTING ITS BOARD OF DIRECTORS. THE VOTE AND ACTS OF THE DIRECTORS SHALL CONSTITUTE THE VOTE AND ACTS OF THE MEMBERS OF THE CORPORATION FOR ALL PURPOSES IN WHICH ACTION BY THE MEMBERS, AS DISTINGUISHED FROM ACTION BY THE BOARD OF DIRECTORS, IS REQUIRED OR PERMITTED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS E-MAILED TO EXECUTIVE DIRECTOR FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST RELATIONSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE BOARD USES COMPARABLE DATA WITHIN THE INDUSTRY TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0164553
IRS990/TotalAssetsEOYAmt0187562
IRS990/TotalAssetsGrp/BOYAmt0164553
IRS990/TotalAssetsGrp/EOYAmt0187562
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0194686
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011419
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047557
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283999
IRS990/TotalFunctionalExpensesGrp/TotalAmt0342975
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01500
IRS990/TotalLiabilitiesEOYAmt01632
IRS990/TotalLiabilitiesGrp/BOYAmt01500
IRS990/TotalLiabilitiesGrp/EOYAmt01632
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0163053
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0185930
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0283999
IRS990/TotalProgramServiceRevenueAmt0157906
IRS990/TotalReportableCompFromOrgAmt049962

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