Form 990 for tax year 2023
Filed by MASSACHUSETTS DESIGN ART & TECHNOLOGY INSTITUTE INC.
Totals
- Total revenue
- $341,213
- Total expenses
- $432,309
- Contributions and grants received
- $340,175
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $29
- Other revenue
- $1,009
- Total assets, end of year
- $96,664
- Total liabilities, end of year
- $44,739
- Net assets or fund balances, end of year
- $51,925
- Program services expenses (Part IX)
- $309,607
- Management and general expenses
- $51,662
- Fundraising expenses
- $71,040
- Program service expenses (Part III)
- $309,607
Program services were 71.6% 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.
-
1c · Fundraising events
$10,687
-
1f · All other contributions, gifts and grants
$329,488
-
1g · Noncash contributions included above
$2,000
-
3 · Investment income
total $29 · related or exempt $29
-
8a · Fundraising events: gross income
$9,945
-
8a · Fundraising events: contributions included on line 1c
$10,687
-
8b · Fundraising events: direct expenses
$8,963
-
8c · Net income from fundraising events
total $982 · excluded $982
-
11a · Other revenue: Misc revenue
total $27 · related or exempt $27
-
11e · Other revenue, total
$27
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $149,500 · program services $83,875 · management and general $21,875 · fundraising $43,750
-
10 · Payroll taxes
total $11,989 · program services $6,725 · management and general $1,754 · fundraising $3,510
-
11c · Fees: accounting
total $12,760 · management and general $12,760
-
11g · Fees: other
total $15,002 · management and general $1,252 · fundraising $13,750
-
12 · Advertising and promotion
total $54,062 · program services $48,897 · management and general $3,806 · fundraising $1,359
-
13 · Office expenses
total $5,907 · program services $2,497 · management and general $2,471 · fundraising $939
-
14 · Information technology
total $1,788 · fundraising $1,788
-
16 · Occupancy
total $4,341 · program services $2,436 · management and general $635 · fundraising $1,270
-
17 · Travel
total $581 · management and general $581
-
20 · Interest
total $698 · management and general $698
-
22 · Depreciation, depletion and amortization
total $182 · program services $102 · management and general $27 · fundraising $53
-
23 · Insurance
total $4,745 · management and general $4,745
-
24a · Other expenses: Bank & merchant fees
total $1,489 · management and general $583 · fundraising $906
-
24b · Other expenses: Event set up and other costs
total $14,344 · program services $14,344
-
24c · Other expenses: Artist fees
total $150,120 · program services $150,120
-
24d · Other expenses: Stewardship
total $4,326 · program services $611 · fundraising $3,715
-
24e · All other expenses
total $475 · management and general $475
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,217 · end of year $13,523
-
3 · Pledges and grants receivable
beginning of year $87,735 · end of year $78,023
-
9 · Prepaid expenses and deferred charges
beginning of year $2,000 · end of year $2,491
-
10a · Land, buildings and equipment: cost or other basis
$5,610
-
10b · Land, buildings and equipment: accumulated depreciation
$4,882
-
10c · Land, buildings and equipment, net
end of year $728
-
15 · Other assets
beginning of year $51,729 · end of year $1,899
-
17 · Accounts payable and accrued expenses
beginning of year $4,660 · end of year $4,850
-
22 · Loans and payables to officers and key people
end of year $15,000
-
23 · Secured mortgages and notes payable
end of year $24,889
-
27 · Net assets without donor restrictions
beginning of year $143,021 · end of year $25,902
-
28 · Net assets with donor restrictions
end of year $26,023
Mission and programs · 2023
Mission
A non-collecting 21st century museum focusing on exhibitions, educational programming, and public outreach, DAMTA presents international exhibitions and programs that demonstrate the impact of new technologies in art and design.
-
Bring visionary design, art, and technology expressions to Southeastern Massachusetts.
Expenses $309,607
As filed on the 2023 return.
Listed in Part VII
-
Tobey EugenioTOBEY EUGENIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daniel S SheddDANIEL S SHEDD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen SilversteinSTEPHEN SILVERSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nancy HammerNANCY HAMMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pamela A MurrayPAMELA A MURRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael KeatingMICHAEL KEATING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David JeffreyDAVID JEFFREY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Steven AshleySTEVEN ASHLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Patricia ThorntonPATRICIA THORNTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lara HendersonLARA HENDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sadia ShepardSADIA SHEPARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jocelin HamblettJOCELIN HAMBLETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Harvey GoldmanHARVEY GOLDMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Iva BritoIVA BRITO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amelia KochAMELIA KOCH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas SullivanNICHOLAS SULLIVAN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Gayle MandleGAYLE MANDLE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Walter Bernheimer IIWALTER BERNHEIMER II
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433149349300808
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