Civic Intelligence

Nantucket Land Council Inc

EIN 51-0180597 • 501(c)3 • Nantucket, MA

Profile

Protect nantucket's natural world and rural character by holding and enforcing conservation restrictions, commissioning scientific research, monitoring development proposals, engaging in legal proceedings to protect natural resources, and educating the public on local environmental issues.

PO Box 502Nantucket, MA 02554

www.nantucketlandcouncil.org

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.02x

Higher debt load relative to revenue than 10% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

37th percentile

$213,381

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

53rd percentile

5.9%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

18%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$42,706,377

Up $2,395,720 (+5.9%) from 2023

Liabilities

Down

$33,484

Down $127 (-0.4%) from 2023

Net Assets

Up

$42,672,893

Up $2,395,847 (+5.9%) from 2023

Revenue

Up

$1,871,102

Up $290,216 (+18%) from 2023

Expenses

Up

$1,561,742

Up $270,927 (+21%) from 2023

Net Income

Up

$309,360

Up $19,289 (+6.6%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $30,564,461Liabilities 2011: $71,107Net Assets 2011: $30,493,3542011Assets 2012: $30,880,747Liabilities 2012: $16,675Net Assets 2012: $30,864,0722012Assets 2013: $31,697,624Liabilities 2013: $15,050Net Assets 2013: $31,682,5742013Assets 2014: $33,604,643Liabilities 2014: $21,230Net Assets 2014: $33,583,4132014Assets 2015: $33,894,078Liabilities 2015: $57,738Net Assets 2015: $33,836,3402015Assets 2016: $33,802,717Liabilities 2016: $15,171Net Assets 2016: $33,787,5462016Assets 2017: $34,324,320Liabilities 2017: $20,978Net Assets 2017: $34,303,3422017Assets 2018: $35,045,404Liabilities 2018: $8,955Net Assets 2018: $35,036,4492018Assets 2019: $37,191,784Liabilities 2019: $53,266Net Assets 2019: $37,138,5182019Assets 2020: $40,041,471Liabilities 2020: $10,168Net Assets 2020: $40,031,3032020Assets 2021: $42,170,457Liabilities 2021: $27,784Net Assets 2021: $42,142,6732021Assets 2022: $38,284,258Liabilities 2022: $86,241Net Assets 2022: $38,198,0172022Assets 2023: $40,310,657Liabilities 2023: $33,611Net Assets 2023: $40,277,0462023Assets 2024: $42,706,377Liabilities 2024: $33,484Net Assets 2024: $42,672,8932024

Highlighted filing

2024

Assets$42,706,377
Liabilities$33,484
Net Assets$42,672,893

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $730,1022011Expenses 2012: $803,3352012Revenue 2013: $1,377,898Expenses 2013: $689,904Net Income 2013: $687,9942013Revenue 2014: $2,377,902Expenses 2014: $824,881Net Income 2014: $1,553,0212014Revenue 2015: $1,060,382Expenses 2015: $870,226Net Income 2015: $190,1562015Revenue 2016: $2,243,411Expenses 2016: $1,757,312Net Income 2016: $486,0992016Revenue 2017: $534,515Expenses 2017: $873,097Net Income 2017: -$338,5822017Revenue 2018: $1,382,340Expenses 2018: $826,983Net Income 2018: $555,3572018Revenue 2019: $1,478,750Expenses 2019: $783,118Net Income 2019: $695,6322019Revenue 2020: $1,141,882Expenses 2020: $763,341Net Income 2020: $378,5412020Revenue 2021: $1,862,044Expenses 2021: $1,222,265Net Income 2021: $639,7792021Revenue 2022: $1,163,343Expenses 2022: $1,143,655Net Income 2022: $19,6882022Revenue 2023: $1,580,886Expenses 2023: $1,290,815Net Income 2023: $290,0712023Revenue 2024: $1,871,102Expenses 2024: $1,561,742Net Income 2024: $309,3602024

Highlighted filing

2024

Revenue$1,871,102
Expenses$1,561,742
Net Income$309,360

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$42.7$0.03$42.7$1.87$1.56$0.31
2023Detailed filing. Detailed filing data is available for this year.$40.3$0.03$40.3$1.58$1.29$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.3$0.09$38.2$1.16$1.14$0.02
2021Detailed filing. Detailed filing data is available for this year.$42.2$0.03$42.1$1.86$1.22$0.64
2020Detailed filing. Detailed filing data is available for this year.$40.0$0.01$40.0$1.14$0.76$0.38
2019Summary only. Only limited summary data is available for this year.$37.2$0.05$37.1$1.48$0.78$0.70
2018Detailed filing. Detailed filing data is available for this year.$35.0$0.01$35.0$1.38$0.83$0.56
2017Detailed filing. Detailed filing data is available for this year.$34.3$0.02$34.3$0.53$0.87$0.34
2016Detailed filing. Detailed filing data is available for this year.$33.8$0.02$33.8$2.24$1.76$0.49
2015Detailed filing. Detailed filing data is available for this year.$33.9$0.06$33.8$1.06$0.87$0.19
2014Detailed filing. Detailed filing data is available for this year.$33.6$0.02$33.6$2.38$0.82$1.55
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.7$0.02$31.7$1.38$0.69$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$0.02$30.9$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$0.07$30.5$0.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$5,722,576
Mission and Program Overview

Mission

Preserve and protect nantucket island's open space, water, and other natual resources by holding conservation restrictions, monitoring development proposals, underwriting scientific research and sponsoring local environmental education.

Protect nantucket's natural world and rural character by holding and enforcing conservation restrictions, commissioning scientific research, monitoring development proposals, engaging in legal proceedings to protect natural resources, and educating the public on local environmental issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,269,628$18,793,202▲ $2,523,574
Land, Buildings, and Equipment, Net$638,644$622,806▼ $15,838
Savings and Temporary Cash Investments$224,400$133,248▼ $91,152
Prepaid Expenses and Deferred Charges$8,400$8,400→ $0
Total Assets$40,310,657$42,706,377▲ $2,395,720
Other Assets Total$23,169,585$23,148,721▼ $20,864
Liabilities
Accounts Payable and Accrued Expenses$12,747$33,484▲ $20,737
Other Liabilities$20,864$0▼ $20,864
Total Liabilities$33,611$33,484▼ $127
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$39,774,236$42,118,314▲ $2,344,078
Net Assets With Donor Restrictions$502,810$554,579▲ $51,769
Total Net Assets Fund Balance$40,277,046$42,672,893▲ $2,395,847
Total Liabilities and Net Assets / Fund Balance$40,310,657$42,706,377▲ $2,395,720

Asset Categories

AssetBook ValueDepreciationBasis
Land$465,400-$465,400
Buildings$154,207$282,436$436,643
Equipment$3,199$61,868$65,067
Other Assets Org$23,148,721--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$12,519,746$0▲ $2,070,222$198,120$14,391,847
2023$10,801,893$101,546▲ $1,829,998$213,691$12,519,746
2022$13,831,875$67▼ $2,733,943$296,106$10,801,893
2021$11,947,254$150,000▲ $1,896,891$162,270$13,831,875
2020$9,418,663$466,742▲ $2,295,942$234,093$11,947,254
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Emily MoldenExecutive DirectorFT$179,845$33,536$213,381
Revenue and Support

Revenue Composition

Contributions and Grants
$1,165,474
Program Service Revenue
$0
Investment Income
$769,790
Other Revenue
$-64,162
All Other Contributions
$954,783
Change in Net Assets
$309,360

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,759,671
Revenue Not Reported on Financial Statements
$111,431
Revenue Not Reported on Form 990
$2,086,487
Total Revenue per Audited Statements
$3,846,158
Total Revenue per Form 990
$1,871,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$903,989
Salaries, Compensation, and Employee Benefits$657,753
Total Fundraising Expense$173,076
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$192,817$66,155$74,942$333,914
Current Officers, Directors, Trustees, and Key Employees$76,926$76,296$38,463$191,685
Fees for Services Legal$170,537--$170,537
Occupancy$91,385$23,502$2,232$117,119
Fees for Service Investment Mgmnt Fees-$111,431-$111,431
Other Employee Benefits$39,281$20,744$16,514$76,539
Payroll Taxes$20,835$11,003$8,760$40,598
Information Technology$4,954$27,929-$32,883
Fees for Services Accounting-$32,167-$32,167
Advertising$27,854--$27,854
Office Expenses-$20,652-$20,652
Insurance$8,632$6,153$2,590$17,375
Depreciation Depletion$8,136$4,292$3,410$15,838
Pension Plan Contributions$7,707$4,070$3,240$15,017
Other Expenses$10,746$19,262$22,925$10,746
Travel-$3,573-$3,573
Total Functional Expenses$961,437$427,229$173,076$1,561,742

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,561,742
Expenses per Audited Statements$1,450,311
Total Expenses per Audited Statements$1,450,311
Expenses Not Reported on Financial Statements$111,431
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$126,738
Fundraising Gross Income$42,875
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala/friends Festival$253,566$42,875$126,738$-83,863
Total Events$253,566$42,875$126,738$-83,863
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-This Entity Is Owned by a Board MemberRental ExpenseNo$51,288
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 B, Line 11B

Electronic copy of form 990 provided to board members for their comments prior to submission of form to irs.

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

Checklists given to the members to complete annually.

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

Electronic copy of form 990 provided to board members for their comments prior to submission of form to the irs.

Form 990, Part VI, Section C, Line 19

Not made separately available to the public.

Filing and Contact Details

Filer

Filer Name
Nantucket Land & Water Council Inc
EIN
51-0180597
Phone
5082282818
Address
PO BOX 502, NANTUCKET, MA 02554

Signing Officer

Name
Emily Molden
Title
Executive Director
Phone
5082282818
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Molden
Formed
1974
Legal Domicile
Ma
Voting Board Members
29
Independent Board Members
29
Employees
10
Volunteers
0

Preparer

Firm
Bollus Lynch Llp
Address
89 SHREWSBURY STREET, WORCESTER, MA 01604
Preparer
Barbara E King
Phone
5087557107
Supplemental Narrative

Financial Statement Notes

PART II, LINE 9:

The council is the grantee of conservation restrictions on certain parcels of land for the purpose of preserving them, in perpetuity, in their scenic, undeveloped, open condition. Conservation restrictions are recorded at cost, if purchased. Donated conservation restrictions are not recorded in the financial statements as there is no objective basis to determine their fair value.

PART V, LINE 4:

The council's endowment consists of a board designated endowment fund established to support the various programs and projects that further the mission of the council. The fund is professionally managed and invested in a diversified portfolio to balance preservation of principal and total return. Asset allocations are regularly reviewed by an investment committee of the board of directors. The council has adopted spending policies for its endowment assets that attempt to provide a predictable stream of funding for its programs while seeking to maintain the purchasing power of the endowment assets. Under this policy, the board establishes a budgeted appropriation amount for expenditure during the year. Additional appropriations are approved by the board of directors as needed for operations or special projects.

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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/ActivityOrMissionDesc0PROTECT NANTUCKET'S NATURAL WORLD AND RURAL CHARACTER BY HOLDING AND ENFORCING CONSERVATION RESTRICTIONS, COMMISSIONING SCIENTIFIC RESEARCH, MONITORING DEVELOPMENT PROPOSALS, ENGAGING IN LEGAL PROCEEDINGS TO PROTECT NATURAL RESOURCES, AND EDUCATING THE PUBLIC ON LOCAL ENVIRONMENTAL ISSUES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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IRS990/MissionDesc0PROTECT NANTUCKET'S NATURAL WORLD AND RURAL CHARACTER BY HOLDING AND ENFORCING CONSERVATION RESTRICTIONS, COMMISSIONING SCIENTIFIC RESEARCH, MONITORING DEVELOPMENT PROPOSALS, ENGAGING IN LEGAL PROCEEDINGS TO PROTECT NATURAL RESOURCES, AND EDUCATING THE PUBLIC ON LOCAL ENVIRONMENTAL ISSUES.
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