Totals
- Total revenue
- $6,983,666
- Total expenses
- $4,126,044
- Contributions and grants received
- $6,485,496
- Grants paid
- $0
- Program service revenue
- $280,800
- Investment income
- $143,307
- Other revenue
- $74,063
- Total assets, end of year
- $28,730,162
- Total liabilities, end of year
- $5,508,678
- Net assets or fund balances, end of year
- $23,221,484
- Program services expenses (Part IX)
- $3,097,504
- Management and general expenses
- $534,234
- Fundraising expenses
- $494,306
- Program service expenses (Part III)
- $3,097,504
Program services were 75.1% 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
$244,680
-
1c · Fundraising events
$425,030
-
1e · Government grants (contributions)
$75,000
-
1f · All other contributions, gifts and grants
$5,740,786
-
1g · Noncash contributions included above
$3,355
-
2a · Program service revenue: LECTURES & TALKS ADMIS
total $280,800 · related or exempt $280,800
-
3 · Investment income
total $134,456 · excluded $134,456
-
6a · Gross rents
real property $188,125
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $188,125
-
6d · Net rental income or loss
total $188,125 · excluded $188,125
-
7a · Gross sales of assets other than inventory
securities $105,200
-
7b · Less cost or other basis and sales expenses
securities $96,349
-
7c · Gain or loss
securities $8,851
-
7d · Net gain or loss
total $8,851 · excluded $8,851
-
8a · Fundraising events: gross income
$92,320
-
8a · Fundraising events: contributions included on line 1c
$425,030
-
8b · Fundraising events: direct expenses
$231,734
-
8c · Net income from fundraising events
total -$139,414 · excluded -$139,414
-
10a · Gross sales of inventory
$69,414
-
10b · Cost of goods sold
$44,062
-
10c · Net income from sales of inventory
total $25,352 · related or exempt $25,352
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $162,462 · program services $24,368 · management and general $56,868 · fundraising $81,226
-
7 · Other salaries and wages
total $1,043,289 · program services $857,200 · management and general $178,230 · fundraising $7,859
-
9 · Other employee benefits
total $117,106 · program services $66,421 · management and general $49,577 · fundraising $1,108
-
10 · Payroll taxes
total $101,599 · program services $72,562 · management and general $20,518 · fundraising $8,519
-
11b · Fees: legal
total $1,898 · management and general $1,898
-
11c · Fees: accounting
total $18,795 · management and general $18,795
-
11e · Fees: professional fundraising services
total $287,170 · fundraising $287,170
-
11g · Fees: other
total $98,638 · program services $80,708 · management and general $17,930
-
12 · Advertising and promotion
total $42,857 · program services $35,602 · management and general $7,255
-
13 · Office expenses
total $35,133 · management and general $8,580 · fundraising $26,553
-
14 · Information technology
total $71,270 · program services $64,143 · management and general $5,701 · fundraising $1,426
-
16 · Occupancy
total $341,725 · program services $307,552 · management and general $27,339 · fundraising $6,834
-
17 · Travel
total $2,299 · management and general $2,299
-
20 · Interest
total $212,784 · program services $191,505 · management and general $17,023 · fundraising $4,256
-
22 · Depreciation, depletion and amortization
total $1,007,655 · program services $906,890 · management and general $80,612 · fundraising $20,153
-
23 · Insurance
total $107,358 · program services $91,974 · management and general $13,340 · fundraising $2,044
-
24a · Other expenses: COLLECTION & EXHIBITS
total $261,313 · program services $261,313
-
24b · Other expenses: PROGRAMS & SPECIAL EVEN
total $96,027 · program services $93,549 · management and general $488 · fundraising $1,990
-
24c · Other expenses: LIGHTHOUSE
total $28,727 · program services $28,727
-
24d · Other expenses: COLLECTION PURCHASES
total $14,990 · program services $14,990
-
24e · All other expenses
total $72,949 · management and general $27,781 · fundraising $45,168
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,701,433 · end of year $1,595,085
-
3 · Pledges and grants receivable
beginning of year $178,033 · end of year $3,720,088
-
8 · Inventories for sale or use
beginning of year $46,559 · end of year $50,181
-
9 · Prepaid expenses and deferred charges
beginning of year $10,839 · end of year $9,708
-
10a · Land, buildings and equipment: cost or other basis
$25,900,029
-
10b · Land, buildings and equipment: accumulated depreciation
$5,302,591
-
10c · Land, buildings and equipment, net
beginning of year $21,805,552 · end of year $20,597,438
-
11 · Investments: publicly traded securities
beginning of year $2,451,368 · end of year $2,757,662
-
17 · Accounts payable and accrued expenses
beginning of year $457,844 · end of year $226,178
-
23 · Secured mortgages and notes payable
beginning of year $5,627,500 · end of year $5,282,500
-
27 · Net assets without donor restrictions
beginning of year $17,413,923 · end of year $16,697,340
-
28 · Net assets with donor restrictions
beginning of year $2,694,517 · end of year $6,524,144
Mission and programs · 2023
Mission
THE MARTHA'S VINEYARD MUSEUM INSPIRES ALL PEOPLE TO DISCOVER, EXPLORE, AND STRENGTHEN THEIR CONNECTIONS TO THIS ISLAND AND ITS DIVERSE HERITAGE.
-
EXHIBITIONS, PROGRAMS, EVENTS, AND RESEARCH LIBRARY FOCUSING ON MARTHA'S VINEYARD HISTORY AND CULTURE
Expenses $3,097,504 · Revenue $306,152
As filed on the 2023 return.
Listed in Part VII
-
Cathy WeissCATHY WEISS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
David GrainDAVID GRAIN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Alison ShawALISON SHAW
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Gordon CromwellGORDON CROMWELL
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jeb BlattJEB BLATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan BlumJONATHAN BLUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nancy Robinson BreuerNANCY ROBINSON BREUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eunu ChunEUNU CHUN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Marcia Mulford CiniMARCIA MULFORD CINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jill CowanJILL COWAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Meredith DegenMEREDITH DEGEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sam FlemingSAM FLEMING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Geoffrey GundGEOFFREY GUND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Andre KoesterANDRE KOESTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David LewisDAVID LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Calvin LinnemannCALVIN LINNEMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chris MorseCHRIS MORSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jane Biondi MunnaJANE BIONDI MUNNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth PickmanELIZABETH PICKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Philip ReganPHILIP REGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Arthur RobinsonARTHUR ROBINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bruce StewartBRUCE STEWART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Shelley StewartSHELLEY STEWART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kahina Van DykeKAHINA VAN DYKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Betsey WeinstockBETSEY WEINSTOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Denys WortmanDENYS WORTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Heather SegerHEATHER SEGER
EXECUTIVE DIRECTOR
- Total calculated
- $334,620
- From this org
- $162,452
- From related orgs
- $162,452
- Other
- $9,716
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,452 + $162,452 related
- Bonus
- $0
- Other
- $0
- Deferred
- $4,883 + $4,833 related
- Nontaxable benefits
- $0
- Filer's total
- $167,335 + $167,285 related
-
Carol H CarrollCAROL H CARROLL
DIRECTOR OF FINANCE & ADMI
- Total calculated
- $215,624
- From this org
- $97,827
- From related orgs
- $98,945
- Other
- $18,852
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $84,945 + $98,945 related
- Bonus
- $12,882
- Other
- $0
- Deferred
- $2,985 + $2,985 related
- Nontaxable benefits
- $0 + $12,882 related
- Filer's total
- $100,812 + $114,812 related
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 · Written employment contract
- 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 SET BY THE BOARD OF DIRECTORS USING COMPENSATION INFORMATION FROM FORM 990 OF SIMILAR ORGANIZATIONS AND APPROVAL IS DOCUMENTED IN THE MINUTES AND A WRITTEN CONTRACT.
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
- 12 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422569349301242
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.