Form 990 for tax year 2022
Filed by NANTUCKET DREAMLAND FOUNDATION.
Totals
- Total revenue
- $3,420,241
- Total expenses
- $3,808,780
- Contributions and grants received
- $1,633,554
- Grants paid
- $0
- Program service revenue
- $1,381,235
- Investment income
- $60,224
- Other revenue
- $345,228
- Total assets, end of year
- $28,399,447
- Total liabilities, end of year
- $1,028,155
- Net assets or fund balances, end of year
- $27,371,292
- Program services expenses (Part IX)
- $2,702,960
- Management and general expenses
- $762,381
- Fundraising expenses
- $343,439
- Program service expenses (Part III)
- $2,702,960
Program services were 71.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$222,640
-
1c · Fundraising events
$542,762
-
1e · Government grants (contributions)
$214,224
-
1f · All other contributions, gifts and grants
$653,928
-
1g · Noncash contributions included above
$354,227
-
2a · Program service revenue: PROGRAM SERVICE REVENU
total $1,381,235 · related or exempt $1,381,235
-
3 · Investment income
total $65,504 · excluded $65,504
-
6a · Gross rents
real property $242,242
-
6b · Less rental expenses
real property $88,600
-
6c · Rental income or loss
real property $153,642
-
6d · Net rental income or loss
total $153,642 · unrelated business -$55,700 · excluded $209,342
-
7a · Gross sales of assets other than inventory
securities $272,833
-
7b · Less cost or other basis and sales expenses
securities $278,113
-
7c · Gain or loss
securities -$5,280
-
7d · Net gain or loss
total -$5,280 · excluded -$5,280
-
8a · Fundraising events: gross income
$52,132
-
8a · Fundraising events: contributions included on line 1c
$542,762
-
8b · Fundraising events: direct expenses
$217,939
-
8c · Net income from fundraising events
total -$165,807 · excluded -$165,807
-
10a · Gross sales of inventory
$475,844
-
10b · Cost of goods sold
$120,256
-
10c · Net income from sales of inventory
total $355,588 · related or exempt $355,588
-
11a · Other revenue: OTHER
total $1,805 · related or exempt $1,805
-
11e · Other revenue, total
$1,805
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $176,000 · management and general $70,400 · fundraising $105,600
-
7 · Other salaries and wages
total $924,029 · program services $707,320 · management and general $136,109 · fundraising $80,600
-
8 · Pension plan contributions
total $14,285 · program services $8,272 · management and general $3,303 · fundraising $2,710
-
9 · Other employee benefits
total $178,387 · program services $103,316 · management and general $41,245 · fundraising $33,826
-
10 · Payroll taxes
total $83,339 · program services $48,262 · management and general $19,272 · fundraising $15,805
-
11c · Fees: accounting
total $15,050 · management and general $15,050
-
11f · Fees: investment management
total $21,843 · management and general $21,843
-
11g · Fees: other
total $161,356 · program services $3,298 · management and general $113,551 · fundraising $44,507
-
12 · Advertising and promotion
total $37,235 · management and general $37,235
-
13 · Office expenses
total $126,861 · program services $27,186 · management and general $66,550 · fundraising $33,125
-
14 · Information technology
total $39,713 · program services $25,027 · management and general $7,802 · fundraising $6,884
-
16 · Occupancy
total $286,715 · program services $221,985 · management and general $64,730
-
20 · Interest
total $29,918 · management and general $29,918
-
22 · Depreciation, depletion and amortization
total $607,930 · program services $607,930
-
23 · Insurance
total $143,576 · program services $89,732 · management and general $53,844
-
24a · Other expenses: EVENTS
total $577,596 · program services $577,596
-
24b · Other expenses: PROGRAM EXPENSES
total $283,036 · program services $283,036
-
24c · Other expenses: CREDIT CARD PROCESSING
total $101,911 · management and general $81,529 · fundraising $20,382
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,009,797 · end of year $712,754
-
3 · Pledges and grants receivable
beginning of year $133,269 · end of year $162,551
-
9 · Prepaid expenses and deferred charges
beginning of year $47,736 · end of year $48,604
-
10a · Land, buildings and equipment: cost or other basis
$30,852,843
-
10b · Land, buildings and equipment: accumulated depreciation
$6,649,602
-
10c · Land, buildings and equipment, net
beginning of year $24,614,991 · end of year $24,203,241
-
11 · Investments: publicly traded securities
beginning of year $2,879,512 · end of year $3,272,297
-
17 · Accounts payable and accrued expenses
beginning of year $1,113,709 · end of year $1,028,155
-
22 · Loans and payables to officers and key people
beginning of year $147,929
-
27 · Net assets without donor restrictions
beginning of year $24,954,286 · end of year $24,897,988
-
28 · Net assets with donor restrictions
beginning of year $2,469,381 · end of year $2,473,304
Mission and programs · 2022
Mission
THE DREAMLAND BUILDS COMMUNITY ON NANTUCKET YEAR ROUND BY BRINGING PEOPLE TOGETHER TO SHARE EXPERIENCES THROUGH FILM, ART, CULTURE, AND LEARNING.
Activities or mission (Part I)
THE DREAMLAND BUILDS COMMUNITY ON NANTUCKET YEAR-ROUND BY BRINGING PEOPLE TOGETHER TO SHARE EXPERIENCE THROUGH FILM, ART, CULTURE, AND LEARNING.
-
TO ENRICH THE CULTURAL AND INTELLECTUAL LIFE OF NANTUCKET BY PROVIDING YEAR-ROUND FILMS, EDUCATIONAL PROGRAMS, AND A VENUE FOR ACTIVITIES THAT ENGAGE NANTUCKET IN THE EVOLVING WORLD OF DIGITAL ENTERTAINMENT AND EDUCATION IN ONE OF AMERICA'S OLDEST THEATERS WHILE PROVIDING A VENUE FOR COMMUNITY ACTIVITY.
Expenses $2,702,960 · Revenue $1,980,870
As filed on the 2022 return.
Listed in Part VII
-
John SchmidtJOHN SCHMIDT
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Leah Day-VanhornLEAH DAY-VANHORN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Ray BruscaRAY BRUSCA
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Robin RednorROBIN REDNOR
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Annie BissingerANNIE BISSINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John BuckeyJOHN BUCKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rob CocuzzoROB COCUZZO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
William CoolingWILLIAM COOLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Daniel DriscollDANIEL DRISCOLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Marsha EganMARSHA EGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David GregoryDAVID GREGORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Elizabeth HallettDR ELIZABETH HALLETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Natalie JacobsonNATALIE JACOBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Norman LevensonNORMAN LEVENSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Deborah LewisDEBORAH LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Maureen McAllisterMAUREEN MCALLISTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joan McPheeJOAN MCPHEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Venessa MooreVENESSA MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jackie MossJACKIE MOSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Orla Murphy-LascolaORLA MURPHY-LASCOLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer NeighborsJENNIFER NEIGHBORS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Melanie SabelhausMELANIE SABELHAUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Blais SheppardBLAIS SHEPPARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mark SniderMARK SNIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Barry SternlichtBARRY STERNLICHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Charley WaltersCHARLEY WALTERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Alicia CarneyALICIA CARNEY
EXECUTIVE DIRECTOR
- Total calculated
- $180,159
- From this org
- $175,416
- From related orgs
- $0
- Other
- $4,743
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,885
- Bonus
- $0
- Other
- $21,531
- Deferred
- $4,743
- Nontaxable benefits
- $0
- Filer's total
- $180,159
-
Joshua GrayJOSHUA GRAY
DIRECTOR OF CREATIVE PROGRAMMING
- Total calculated
- $115,316
- From this org
- $112,320
- From related orgs
- $0
- Other
- $2,996
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202422279349302002
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