Nantucket Maria Mitchell Assoc
- Assets
- $11.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 51
- Location
- Nantucket, MA
- Founding
- 10/1925
- Data as of
- 12/2021
- EIN
- 04-2129139
Organization Overview
Nantucket Maria Mitchell Assoc is located in Nantucket, MA. The organization was established in 1925. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Nantucket Maria Mitchell Assoc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nantucket Maria Mitchell Assoc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nantucket Maria Mitchell Assoc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NANTUCKET MARIA MITCHELL ASSOCIATION WAS FORMED FOR THE PURPOSE OF RESEARCH AND EDUCATION IN ASTRONOMY AND THE NATURAL SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCATION CONDUCTS PROGRAMS OF RESEARCH AND EDUCATION IN ASTRONOMY AND THE NATURAL SCIENCES. FOR THESE PURPOSES IT MAINTAINS TWO OBSERVATORIES, A LIBRARY, AN AQUARIUM & EXHIBIT AND THE MARIA MITCHELL BIRTHPLACE MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regina Jorgenson Astronomy Director | 40 | $110,356 | |
Katharine Robinson Grieder Finance Administrator | Officer | 40 | $69,180 |
Joanna Roche Executive Director | Officer | 40 | $54,537 |
Joseph E Santucci Clerk | OfficerTrustee | 2 | $0 |
Judy Macleod 1st Vice President | OfficerTrustee | 2 | $0 |
Curt Burwell Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $74,550 |
| Fundraising events | $276,398 |
| Related organizations | $0 |
| Government grants | $398,713 |
| All other contributions, gifts, grants, and similar amounts not included above | $543,242 |
| Noncash contributions included in lines 1a–1f | $49,809 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,292,903 |
| Total Program Service Revenue | $382,948 |
| Investment income | $65,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,090 |
| Net Gain/Loss on Asset Sales | $116,989 |
| Net Income from Fundraising Events | -$83,723 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$523 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,816,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,717 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $712,440 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $171,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,947 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,082 |
| Fees for services: Other | $187,567 |
| Advertising and promotion | $24,012 |
| Office expenses | $1,766 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $137,197 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $56,850 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $188,782 |
| Insurance | $99,517 |
| All other expenses | $117,604 |
| Total functional expenses | $2,087,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,669 |
| Savings and temporary cash investments | $720,087 |
| Pledges and grants receivable | $110,000 |
| Accounts receivable, net | $32,424 |
| Loans from Officers, Directors, or Controlling Persons | $255,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,600 |
| Prepaid expenses and deferred charges | $32,130 |
| Net Land, buildings, and equipment | $6,200,511 |
| Investments—publicly traded securities | $2,917,145 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,332,582 |
| Total assets | $11,737,148 |
| Accounts payable and accrued expenses | $270,716 |
| Grants payable | $0 |
| Deferred revenue | $600,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,239,097 |
| Unsecured mortgages and notes payable | $50,000 |
| Other liabilities | $0 |
| Total liabilities | $2,159,813 |
| Net assets without donor restrictions | $5,801,984 |
| Net assets with donor restrictions | $3,775,351 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,737,148 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Nantucket Maria Mitchell Assoc has recieved totaling $220,998.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $41,150 |
Community Foundation For Nantucket Nantucket, MA PURPOSE: SCIENCE & TECHNOLOGY | $37,712 |
The Schmidt Family Foundation Palo Alto, CA PURPOSE: NANTUCKET: ENCOURAGING RESILIENCE AND INNOVATION | $30,000 |
Nantucket Golf Club Foundation Inc Siasconset, MA PURPOSE: SUPPORT | $30,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $20,000 |
Helgeson Fam Foundation Tr Melville, NY PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATION'S EXEMPT PURPOSE | $20,000 |
Endowment Analysis
| Beg. Balance | $2,054,700 |
| Earnings | $329,631 |
| Net Contributions | $47,071 |
| Other Expense | $94,065 |
| Ending Balance | $2,337,337 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nantucket Maria Mitchell Assoc Nantucket, MA | $11,737,148 | $1,816,824 |
Mount Washington Observatory North Conway, NH | $5,276,447 | $1,756,723 |
American Association Of Variable Star Observers Cambridge, MA | $16,117,198 | $1,024,120 |
Eastern Star Hall & Home Foundation Inc Oriskany, NY | $0 | $390,526 |
Ccat Observatory Inc Ithaca, NY | $25,389,189 | $7,768,720 |
Northeast Radio Observatory Corporation Cambridge, MA | $38,217 | $234,893 |
Adirondack Public Observatory Inc Tupper Lake, NY | $529,166 | $113,025 |
Dudley Observatory Loudonville, NY | $2,053,236 | $60,327 |
Eastern Star Foundation Of Rhode Island Inc Warwick, RI | $1,281,010 | $183,710 |
Order Of Eastern Star Of New York Glenville, NY | $2,601,340 | $104,082 |
Union Star Temple Association Inc Honeoye Falls, NY | $306,407 | $0 |
Lucky Star Foundation New York, NY | $3,971 | $24,700 |