Skip to content
Nonprofiteer
← NANTUCKET DREAMLAND FOUNDATION

Form 990 for tax year 2023

Filed by NANTUCKET DREAMLAND FOUNDATION.

Totals

Total revenue
$3,089,895
Total expenses
$3,923,847
Contributions and grants received
$1,320,089
Grants paid
$0
Program service revenue
$1,293,968
Investment income
$108,744
Other revenue
$367,094
Total assets, end of year
$28,024,793
Total liabilities, end of year
$954,560
Net assets or fund balances, end of year
$27,070,233
Program services expenses (Part IX)
$2,730,279
Management and general expenses
$703,832
Fundraising expenses
$489,736
Program service expenses (Part III)
$2,730,279

Program services were 69.6% 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

    $226,415

  • 1c · Fundraising events

    $377,721

  • 1e · Government grants (contributions)

    $195,000

  • 1f · All other contributions, gifts and grants

    $520,953

  • 1g · Noncash contributions included above

    $139,475

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $1,293,968 · related or exempt $1,293,968

  • 3 · Investment income

    total $75,113 · excluded $75,113

  • 6a · Gross rents

    real property $248,640

  • 6b · Less rental expenses

    real property $100,639

  • 6c · Rental income or loss

    real property $148,001

  • 6d · Net rental income or loss

    total $148,001 · unrelated business -$69,139 · excluded $217,140

  • 7a · Gross sales of assets other than inventory

    securities $192,194

  • 7b · Less cost or other basis and sales expenses

    securities $158,563

  • 7c · Gain or loss

    securities $33,631

  • 7d · Net gain or loss

    total $33,631 · excluded $33,631

  • 8a · Fundraising events: gross income

    $397,644

  • 8a · Fundraising events: contributions included on line 1c

    $377,721

  • 8b · Fundraising events: direct expenses

    $459,861

  • 8c · Net income from fundraising events

    total -$62,217 · excluded -$62,217

  • 10a · Gross sales of inventory

    $374,564

  • 10b · Cost of goods sold

    $106,803

  • 10c · Net income from sales of inventory

    total $267,761 · related or exempt $267,761

  • 11a · Other revenue: OTHER

    total $13,549 · related or exempt $13,549

  • 11e · Other revenue, total

    $13,549

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $186,239 · management and general $74,495 · fundraising $111,744

  • 7 · Other salaries and wages

    total $977,964 · program services $737,963 · management and general $153,002 · fundraising $86,999

  • 8 · Pension plan contributions

    total $22,060 · program services $13,984 · management and general $4,311 · fundraising $3,765

  • 9 · Other employee benefits

    total $262,889 · program services $166,646 · management and general $51,368 · fundraising $44,875

  • 10 · Payroll taxes

    total $103,413 · program services $65,554 · management and general $20,207 · fundraising $17,652

  • 11b · Fees: legal

    total $20,138 · management and general $20,138

  • 11c · Fees: accounting

    total $88,302 · management and general $88,302

  • 11e · Fees: professional fundraising services

    total $164,241 · fundraising $164,241

  • 11f · Fees: investment management

    total $20,661 · management and general $20,661

  • 11g · Fees: other

    total $10,778 · program services $3,758 · management and general $6,008 · fundraising $1,012

  • 12 · Advertising and promotion

    total $42,142 · management and general $42,142

  • 13 · Office expenses

    total $138,511 · program services $37,167 · management and general $67,651 · fundraising $33,693

  • 14 · Information technology

    total $38,068 · program services $24,131 · management and general $7,438 · fundraising $6,499

  • 15 · Royalties

    total $244,494 · program services $244,494

  • 16 · Occupancy

    total $215,756 · program services $204,968 · management and general $10,788

  • 17 · Travel

    total $5,677 · management and general $5,677

  • 22 · Depreciation, depletion and amortization

    total $612,406 · program services $588,411 · management and general $23,995

  • 23 · Insurance

    total $106,498 · program services $95,423 · management and general $11,075

  • 24a · Other expenses: EVENTS

    total $286,229 · program services $286,229

  • 24b · Other expenses: PROGRAM EXPENSES

    total $261,551 · program services $261,551

  • 24c · Other expenses: CREDIT CARD FEES

    total $96,280 · management and general $77,024 · fundraising $19,256

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $19,550 · management and general $19,550

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $712,754 · end of year $465,523

  • 3 · Pledges and grants receivable

    beginning of year $115,000

  • 4 · Accounts receivable

    beginning of year $47,551 · end of year $14,851

  • 9 · Prepaid expenses and deferred charges

    beginning of year $48,604 · end of year $41,005

  • 10a · Land, buildings and equipment: cost or other basis

    $31,122,863

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,298,129

  • 10c · Land, buildings and equipment, net

    beginning of year $24,203,241 · end of year $23,824,734

  • 11 · Investments: publicly traded securities

    beginning of year $3,272,297 · end of year $3,678,680

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,028,155 · end of year $954,560

  • 27 · Net assets without donor restrictions

    beginning of year $24,897,988 · end of year $24,711,929

  • 28 · Net assets with donor restrictions

    beginning of year $2,473,304 · end of year $2,358,304

Mission and programs · 2023

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 $2,730,279 · Revenue $1,575,278

As filed on the 2023 return.

Listed in Part VII

  • Annie Bissinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barry Sternlicht

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Blais Sheppard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Charley Walters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Daniel Driscoll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • David Gregory

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Deborah Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Elizabeth Hallett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jackie Moss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Neighbors

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joan McPhee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Buckey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Schmidt

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Leah Day-Vanhorn

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mark Snider

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marsha Egan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Maureen McAllister

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Melanie Sabelhaus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Natalie Jacobson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Norman Levenson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Orla Murphy-Lascola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ray Brusca

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Rob Cocuzzo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Robin Rednor

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Venessa Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • William Cooling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Alicia Carney

    EXECUTIVE DIRECTOR

    Total calculated
    $178,190
    From this org
    $173,385
    From related orgs
    $0
    Other
    $4,805
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,385
    Bonus
    $0
    Other
    $0
    Deferred
    $4,805
    Nontaxable benefits
    $0
    Filer's total
    $178,190

  • Joshua Gray

    DIRECTOR OF CREATIVE PROGR

    Total calculated
    $117,644
    From this org
    $103,532
    From related orgs
    $0
    Other
    $14,112
    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

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

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

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION IS DETERMINED BY THE BOARD BASED ON A REVIEW OF SALARIES PAID BY SIMILAR ORGANIZATIONS.

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
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202502259349300915

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.