- Revenue 2024
- $1,210,258
- Expenses 2024
- $982,704
Program services were 95.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B82
- Classification
- 2000
- Street
- 455 STATE ROAD PMB 132
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO EMPOWER STUDENTS TO DEVELOP THEMSELVES AS CRITICAL THINKERS, COMPASSIONATE CITIZENS, AND ENGAGED PARTICIPANTS IN LOCAL AND WORLD AFFAIRS.
Activities or mission (Part I)
THE CORPORATION'S MISSION IS TO PROVIDE AN EXTRAORDINARY HIGHER EDUCATION EXPERIENCE FOR PROMISING COLLEGE STUDENTS WHOSE ACHIEVEMENTS DEMONSTRATE INTEGRITY, INTELLIGENCE, RIGOR AND A COMMITMENT TO GIVE BACK TO THOSE PEOPLE AND INSTITUTIONS WHO HAVE SUPPORTED THEM. WORKING WITH THE ADMISSIONS, STUDENT SERVICES, ALUMNI AND CAREER OFFICES OF SELECTED COLLEGES, THE CORPORATION WILL IDENTIFY, INITIATE, DEVELOP, ADMINISTER, SUPERVISE, PROVIDE AND/OR FUND OR PROVIDE STIPENDS FOR AN ARRAY OF EDUCATIONAL ENRICHMENT PROGRAMS AND SUPPORT SERVICES FOR SELECTED SCHOLARS, WHICH MAY INCLUDE INTERNSHIPS, OPPORTUNITIES FOR COMMUNITY SERVICE, SUMMER OR EXTRA-CURRICULAR ENRICHMENT PROGRAMS, WORK-STUDY PROGRAMS, OFF-CAMPUS STUDY, TECHNOLOGY ENHANCEMENTS, INDIVIDUAL ACADEMIC AND CAREER COUNSELING, MENTORING PROGRAMS, AND AN ALUMNI NETWORK OF PARTICIPATING STUDENTS AND GRADUATES.
-
IN 2025, THE MV VISION FELLOWSHIP FUND SUPPORTED 32 INDIVIDUALS FROM MARTHA'S VINEYARD WORKING IN FIELDS RELATED TO SUSTAINABILITY ON THE ISLAND THROUGH THE MARTHA'S VINEYARD VISION FELLOWSHIP. THE FELLOWSHIP PROVIDED TUITION, ROOM AND BOARD, AND OPPORTUNITY GRANTS FOR INDIVIDUALS IN UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS AND PROVIDED FUNDS FOR CAREER ENHANCEMENT ACTIVITIES FOR PROFESSIONALS IN NON-DEGREE PROGRAMS. NEW VISION FELLOWS ARE INTERVIEWED AND SELECTED IN MARCH. SINCE JANUARY 1, 2014, AN ON-ISLAND PROGRAM OFFICER HAS MANAGED THIS PROGRAM.
Expenses $939,269 · Grants $765,854
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Karen Kohlberg DavisKAREN KOHLBERG DAVIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Pamela KohlbergPAMELA KOHLBERG
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Nancy McCabeNANCY MCCABE
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Thomas ChaseTHOMAS CHASE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Richard KarneyRICHARD KARNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jake DavisJAKE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Jennifer MagnoneJENNIFER MAGNONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melissa HackneyMELISSA HACKNEY
EXECUTIVE DIRECTOR
- Total calculated
- $128,116
- From this org
- $115,027
- From related orgs
- $0
- Other
- $13,089
- 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $1,210,258
- Expenses
- $982,704
- Contributions
- $800,000
- Grants paid
- $765,854
-
2023
- Revenue
- $819,452
- Expenses
- $1,037,773
- Contributions
- $800,000
- Grants paid
- $834,775
-
2022
- Revenue
- $196,206
- Expenses
- $761,071
- Contributions
- $0
- Grants paid
- $523,057
-
2022
- Revenue
- $59,735
- Expenses
- $447,806
- Contributions
- $50,000
- Grants paid
- $366,485
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,007,619
- Expenses
- $1,258,994
- Assets (EOY)
- $8,195,797
-
2020 · 990
- Revenue
- $454,730
- Expenses
- $901,304
- Assets (EOY)
- $8,624,895
-
2019 · 990
- Revenue
- $3,311,450
- Expenses
- $1,143,134
- Assets (EOY)
- $8,794,269
-
2018 · 990
- Revenue
- $911,637
- Expenses
- $909,680
- Assets (EOY)
- $5,946,761
-
2017 · 990
- Revenue
- $856,999
- Expenses
- $1,414,245
- Assets (EOY)
- $6,715,433
-
2016 · 990
- Revenue
- $623,516
- Expenses
- $1,261,485
- Assets (EOY)
- $7,112,335
-
2014 · 990
- Revenue
- $835,752
- Expenses
- $1,067,056
- Assets (EOY)
- $9,368,109
-
2013 · 990
- Revenue
- $429,916
- Expenses
- $1,565,265
- Assets (EOY)
- $9,503,867
-
2012 · 990
- Revenue
- not reported
- Expenses
- $851,940
- Assets (EOY)
- $9,937,294
-
2011 · 990
- Revenue
- not reported
- Expenses
- $998,328
- Assets (EOY)
- $10,465,117
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
MARTHA'S VINEYARD COMMISSION
$170,140
2023 ENERGY PLANNER
-
MARTHA'S VINEYARD COMMISSION
$97,750
2024 TO SUPPORT PROJECTS TO RESEARCH BOCHAR TO PROMOTE ENERGY RESILIENCY
-
$81,752
2024 TO SUPPORT FOOD SCRAP DIVERSION PROGRAMS IN LOCAL SCHOOLS AND TRANSFER STATIONS
-
VINEYARD POWER DEVELOPMENT FUND
$75,000
2022 ENERGY TRANS. COORD.
-
VINEYARD POWER DEVELOPMENT FUND
$75,000
2023 ENERGY TRANS. COORD.
-
VINEYARD POWER DEVELOPMENT FUND
$50,000
2024 TO SUPPORT ENERGY TRANSITION COORDINATOR PROGRAM
-
$50,000
2023
-
HEALTHY AGING MARTHA'S VINEYARD
$49,380
2024 TO SUPPORT VOLUNTEER CORP DATABASE PROJECT FOR ELDER SERVICES
-
$35,821
2023
-
$32,500
2022 COMPOSTING
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
2023 For grant recipient's exempt purposes
-
2024 For grant recipient's exempt purposes
-
2022 For grant recipient's exempt purposes
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2023 return
-
501C3 · PRESERVE · NY
Declared as related by
-
On its 2023 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.