2023-08-30T16:55:33-05:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 30 BRAINTREE HL OFFICE PARK STE 300 BRAINTREE MA 02184 990 2022-01-01 046112356 MARTHA'S VINEYARD AGRICULTURAL SOCIETY INC MART 5086939549 PO BOX 73 WEST TISBURY MA 02575 ROBERT EGERTON TREASURER 5086939549 2023-08-30 1 ROBERT EGERTON 999009999 1 JEFFREY ALVANAS P01988325 7813562000 2023-08-30 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT EGERTON PO BOX 73 WEST TISBURY MA 02575 776572 0 X MARTHASVINEYARDAGRICULTURALSOCIETY.ORG X 1859 MA THE ORGANIZATION WAS ESTABLISHED TO PROMOTE AGRICULTURE, RUN AN ANNUAL FAIR AND PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING AGRICULTURAL CAREERS LOCATED IN WEST TISBURY, MASSACHUSETTS. 21 21 10 25 0 0 155776 248443 189911 371411 117 79 114834 152527 460638 772460 12284 12096 0 0 182713 208918 0 0 5260 230632 251829 425629 472843 35009 299617 2726983 2950360 617857 541617 2109126 2408743 X TO PROMOTE AGRICULTURE, RUN AN ANNUAL FAIR AND PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING AGRICULTURAL CAREERS. 0 0 340596 371411 HOLDING OF ANNUAL AGRICULTURAL FAIR AND VARIOUS OTHER AGRICULTURALLY ORIENTED EVENTS THROUGHOUT THE YEAR. 12096 12096 SCHOLARSHIPS TO GRADUATING SENIORS AND CONTINUING EDUCATION STUDENTS PURSUING DEGREES IN THE FOLLOWING FIELDS: AGRICULTURE, HORTICULTURE, ENVIRONMENTAL STUDIES, LAND CONSERVATION, VETERINARY MEDICINE, CULINARY ARTS OR RELATED FIELDS. 92510 HALL RENTALS AND SALES 92510 352692 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 MA X LAUREN LYNCH 5086939549 PO BOX 73 WEST TISBURY MA 02577 BRIAN ATHEARN PRESIDENT 5.00 X X 0 0 0 JULIE SCOTT VICE PRESIDENT 5.00 X X 0 0 0 GARRISON VIEIRA VICE PRESIDENT 5.00 X X 0 0 0 ROBERT EGERTON TREASURER 5.00 X X 0 0 0 ROB MCCARRON SECRETARY 5.00 X X 0 0 0 KRISTY ROSE TRUSTEE 5.00 X 0 0 0 DANIEL ATHEARN TRUSTEE 5.00 X 0 0 0 JOE CAPACE TRUSTEE 5.00 X 0 0 0 RUBY DIX TRUSTEE 5.00 X 0 0 0 ALLEN WHITING TRUSTEE 5.00 X 0 0 0 FRED FISHER TRUSTEE 5.00 X 0 0 0 WILLIAM HAYNES TRUSTEE 5.00 X 0 0 0 CHRISSY KINSMAN TRUSTEE 5.00 X 0 0 0 BEA WHITING TRUSTEE 5.00 X 0 0 0 DANIEL STERNBACH TRUSTEE 5.00 X 0 0 0 EMILY FISCHER ALTERNATE TRUSTEE 5.00 X 0 0 0 MICHAEL BARNES ALTERNATE TRUSTEE 5.00 X 0 0 0 JOHN MANCUSO HONORARY TRUSTEE 5.00 X 0 0 0 TRIP BARNES HONORARY TRUSTEE 5.00 X 0 0 0 ELEANOR NEUBERT HONORARY TRUSTEE 5.00 X 0 0 0 BOB HUNGERFORD HONORARY TRUSTEE 5.00 X 0 0 0 LAUREN LYNCH EXECUTIVE DIRECTOR 40.00 X 86692 0 0 86692 0 0 0 0 0 0 0 17504 2263 62244 166432 248443 NET FAIR REVENUES 711300 371411 371411 371411 79 79 92510 0 92510 92510 92510 4112 2263 4112 0 SALES 323100 60017 0 60017 60017 772460 463921 0 60096 12096 12096 86692 78023 8669 103789 93410 10379 18437 16593 1844 19500 13650 5850 37689 26382 11307 38421 38421 26474 23827 2647 18060 18060 41556 37400 4156 21909 19718 2191 REPAIRS AND MAINTENANCE 31593 31593 BANK CHARGES 7417 7417 SPECIAL EVENT 5260 5260 LICENSES AND OTHER FEES 3950 3950 472843 352692 114891 5260 428116 639352 1360 2874 8513 9920 3277977 1042007 2271071 2235970 17923 62244 2726983 2950360 11257 30802 35000 47500 571600 463315 617857 541617 X 2071634 2363452 37492 45291 2109126 2408743 2726983 2950360 299617 0 X X 0 1 X 1 0 X 71421 64176 347793 155776 308345 947511 451440 463752 94934 189911 371411 1571448 522861 527928 442727 345687 679756 2518959 0 0 0 2518959 24478 32377 19216 117 79 76267 24478 32377 19216 117 79 76267 69354 56475 29057 114834 92625 362345 616693 616780 491000 460638 772460 2957571 0.85170 0.85200 0.02580 0.02850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: RENT - 2018 AMOUNT: $ 66,505. 2019 AMOUNT: $ 54,350. 2020 AMOUNT: $ 25,555. 2021 AMOUNT: $ 110,650. 2022 AMOUNT: $ 92,510. SALES - 2018 AMOUNT: $ 2,849. 2019 AMOUNT: $ 2,125. 2020 AMOUNT: $ 3,502. 2021 AMOUNT: $ 4,184. 2022 AMOUNT: $ 115. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1562630 1562630 1361171 769166 592005 40835 38197 2638 117886 117886 0 195455 116758 78697 2235970 X PART X, LINE 2: MVAS IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. THE ORGANIZATION FILES INFORMATIONAL TAX RETURNS AS REQUIRED BY THE CODE. THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC INCOME TAXES. THE TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS. 1 VARIOUS GRANTS 12096 PART I, LINE 2: THE ORGANIZATION HAS AN AGREEMENT FOR USE OF THE GRANT FUNDS. THE ORGANIZATION WILL MONITOR THE FUNDS AND RECORDS TO ENSURE THE GRANT WAS USED PROPERLY. FORM 990, PART VI, SECTION A, LINE 6 ANNUAL MEMBERSHIP PERIOD IS FROM JANUARY 1 - DECEMBER 31. ANY PERSON MAY BECOME A MEMBER OF THE MVAS BY SUBSCRIBING TO THE PURPOSES OF THE SOCIETY AND PAYING THE DUES AS APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A OFFICERS SHALL BE ELECTED EACH YEAR FROM THE BOARD OF TRUSTEES BY THE GENERAL MEMBERSHIP AT AN ANNUAL MEETING OF THE SOCIETY BY A PLURALITY OF VOTES, WITH FIFTEEN MEMBERS CONSTITUTING A QUORUM. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE REVISED BY A TWO-THIRDS (2/3) MAJORITY VOTE OF THE BOARD OF TRUSTEES WITH ANY REVISIONS RATIFIED BY THE MEMBERSHIP AT THE SUBSEQUENT ANNUAL MEETING. THE BYLAWS MAY ALSO BE AMENDED AT ANY ANNUAL MEETING OF THE SOCIETY BY A VOTE OF TWO THIRDS OF MEMBERS PRESENT AND VOTING, PROVIDED THAT A WRITTEN COPY OF SUCH REVISION OR AMENDMENT WAS SUBMITTED TO THE SECRETARY OF THE SOCIETY ALONG WITH SIGNATURES OF 10 BONA FIDE MEMBERS OF THE SOCIETY AT LEAST SIXTY DAYS PRIOR TO THE ANNUAL MEETING. NOTICE OF A PROPOSAL TO CHANGE THE BYLAWS SHALL BE POSTED WITH THE CALL FOR THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS AND MANAGEMENT REVIEW FORM 990 FOR ACCURACY AND APPROVE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 . NO TRUSTEE SHALL CAST A VOTE OR TAKE PART IN OR BE PRESENT FOR THE FINAL DELIBERATION IN ANY MATTER IN WHICH HE/SHE, MEMBERS OF HIS/HER IMMEDIATE FAMILY OR ANY ORGANIZATION TO WHICH SUCH TRUSTEE HAS ALLEGIANCE, HAS A PERSONAL INTEREST THAT MAY BE SEEN AS COMPETING WITH THE INTEREST OF THE SOCIETY. ANY TRUSTEE WHO BELIEVES THAT HE/SHE MAY HAVE A CONFLICT OF INTEREST SHALL NOTIFY THE BOARD OF TRUSTEES PRIOR TO DELIBERATION ON THE MATTER IN QUESTION, AND THE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS. THE MINUTES SHALL REFLECT THE DISCLOSURE OF ANY CONFLICT AND THE RECUSAL OF THE TRUSTEE. ALL TRUSTEES SHALL REPORT AT LEAST ANNUALLY ANY POTENTIAL CONFLICTS THEY MAY HAVE IN MATTERS THAT COME BEFORE THE BOARD. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL FURNISH DOCUMENTATION UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OF THE ORGANIZATION. PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE REVIEW AND SELECTION OF THE INDEPENDENT AUDITOR. THIS IS UNCHANGED FROM THE PRIOR YEAR. MVAS SOLAR LLC PO BOX 73 WEST TISBURY MA 02575 813564290 ENERGY PRODUCTION THROUGH SOLAR PANELS MA AG SOLAR INC INVESTMENT 80133 125953 0 0 0.80000 THE AG SOLAR SOCIETY INC PO BOX 73 WEST TISBURY MA 02575 813122260 HOLDING COMPANY MA MARTHA'S VINEYARD AGRICULTURAL SOCIETY INC C -77435 170980 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0