Jay Heritage Center FY2021 filing

Tax-deductible

Rye, NY501(c)(3)Arts & CultureEIN 13-3585332Revenue $811K in FY2021

On file with the IRSjaycenter.orgPo Box 661, 10580-0661 · Rye, NYTax-exempt since Oct 1990Publicly supported charity — 170(b)(1)(A)(vi)

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Restore and preserve the 1838 peter augustus Jay house and related property

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $757K a year · 52% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 13.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $268K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$811K
-29% vs prior year
Spent
$508K
To programs
79%
Net assets
$8.1M
By yearFY2020–FY2024
Revenue
$811K
FY2021▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$811K
FY2022$2.4M
FY2023$2.0M
FY2024$875K
Expenses
$508K
FY2021▼ -51%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$508K
FY2022$584K
FY2023$571K
FY2024$807K
Net assets
$8.1M
FY2021▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.8M
FY2021$8.1M
FY2022$10.0M
FY2023$11.4M
FY2024$11.3M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $403K Management & general 11% · $58K Fundraising 9% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

32 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Jay Heritage Center executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and restores the historic 1838 Peter Augustus Jay House and its grounds.

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2 programs · $403K · in their own filed words · FY2021
01

PRESERVATION/RESTORATION, not including capitalized restoration and rehabilitation costs. The restoration is a significant program activity, however by capitalizing the costs of this program activity those costs are not reflected in the center's program expenses.

$259Kprogram expense
02

Public Programs

Guided tours of jay house restoration-in-progress, tours of boston post road historical district, publication of district guide, slide presentations, lectures and exhibits on history, architecture, and landscape: museum theater program for schools and public (striving for freedom) school programs on history and architecture in classrooms…

$144Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 9 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$811K
Ln 12
Gifts and grantsLn 1h$532K
Fees for servicesLn 2g$271K
Investment incomeLn 3$7K
Money outPt IX
$508K
Ln 25
Programscol B$403K
Managementcol C$58K
Fundraisingcol D$46K
Owns and owesPt X
$8.1M
net assets · Ln 32
Cash and savingsLn 1–2$553K
Total assetsLn 16$8.1M
LiabilitiesLn 26$9K
PeoplePt VI, VII
32
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$532K
Fundraising eventsLn 1c$21K
Fees for servicesLn 2g$271K
Investment incomeLn 3$7K
Other incomeLn 4–11$361
Gains on assetsLn 7$5K
Total revenueLn 12$811K
Assets in detailPt X, end of year
SavingsLn 2$553K
Cash and savings togetherLn 1–2$553K
InvestmentsLn 11–13$135K
Land, buildings, equipmentLn 10c$10K
Other assetsLn 15$7.4M
Total assetsLn 16$8.1M
LiabilitiesLn 26$9K
Net assetsLn 32$8.1M
OperationsPt I, VI
EmployeesI 52
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$504K$553K
InvestmentsLn 11–13$65K$135K
Land, buildings, equipmentLn 10c$13K$10K
Total assetsLn 16$8.0M$8.1M
LiabilitiesLn 26$164K$9K
Net assetsLn 32$7.8M$8.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$105K$63K$21K$21K
Other salaries and wagesLn 7$29K$20K$6K$3K
Payroll taxesLn 10$3K$2K$688$344
Accounting feesLn 11c$33K$14K$17K$1K
Office expensesLn 13$6K$1K$3K$2K
Information technologyLn 14$11K$11K
OccupancyLn 16$26K$24K$3K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$28K$24K$3K$1K
Other expenses (24a–d)Ln 24$258K$250K$779$7K
All other expensesLn 24e$5K$910$4K
Total functional expensesLn 25$508K$403K$58K$46K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $875K$807K$68K$11.3M 990 PDF
FY2023 $2.0M$571K$1.5M$11.4M 990 PDF
FY2022 $2.4M$584K$1.9M$10.0M 990 PDF
FY2021 Viewing $811K$508K$303K$8.1M 990 PDF
FY2020 $1.1M$1.0M$106K$7.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $810,722 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,076,002$531,690
I-9 Program service revenuePrior year $55,738$271,251
I-10 Investment incomePrior year $812$7,420
I-11 Other revenuePrior year $10,513$361
I-12 Total revenuePrior year $1,143,065$810,722
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $162,907$137,182
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $873,696$370,600
I-18 Total expensesPrior year $1,036,603$507,782
I-19 Revenue less expensesPrior year $106,462$302,940
Part VI · Governance 16 of 16 board members independent, 2 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $810,722 across 9 lines filed
VIII-1b Membership dues$11,860
VIII-1c Fundraising events$21,250
VIII-1f All other contributions, gifts and grants$498,580
VIII-1h Total contributions, gifts and grants$531,690
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $271,251$271,251
VIII-3 Investment incomeRelated to mission $2,282$2,282
VIII-7 Net gain or loss on sales of assetsRelated to mission $5,138$5,138
VIII-8 Net income from fundraising eventsExcluded from tax $361$361
VIII-12 Total revenueRelated to mission $278,671 · Unrelated business $0 · Excluded from tax $361$810,722
Part IX · Statement of functional expenses $507,782 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $63,004 · Management $21,002 · Fundraising $21,002$105,008
IX-7 Other salaries and wagesPrograms $20,114 · Management $5,747 · Fundraising $2,873$28,734
IX-10 Payroll taxesPrograms $2,408 · Management $688 · Fundraising $344$3,440
IX-11c Accounting feesPrograms $14,438 · Management $17,425 · Fundraising $1,328$33,191
IX-13 Office expensesPrograms $1,117 · Management $3,479 · Fundraising $1,575$6,171
IX-14 Information technologyFundraising $10,819$10,819
IX-16 OccupancyPrograms $23,558 · Management $2,617$26,175
IX-22 Depreciation, depletion and amortizationPrograms $3,600$3,600
IX-23 InsurancePrograms $23,506 · Management $2,764 · Fundraising $1,383$27,653
IX-24 Other expenses (24a–d)Programs $250,500 · Management $779 · Fundraising $7,161$258,440
IX-24e All other expensesPrograms $910 · Management $3,641$4,551
IX-25 Total functional expensesPrograms $403,155 · Management $58,142 · Fundraising $46,485$507,782
Part X · Balance sheet $8,113,143 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $504,070$553,032
X-9 Prepaid expenses and deferred chargesStart of year $895$895
X-10c Land, buildings and equipment, netStart of year $13,473$9,873
X-11 Publicly traded securitiesStart of year $65,036$135,293
X-15 Other assetsStart of year $7,414,050$7,414,050
X-16 Total assetsStart of year $7,997,524$8,113,143
X-17 Accounts payable and accrued expensesStart of year $163,680$8,900
X-26 Total liabilitiesStart of year $163,680$8,900
X-27 Net assets without donor restrictionsStart of year $7,550,303$7,705,867
X-28 Net assets with donor restrictionsStart of year $283,541$398,376
X-32 Total net assets or fund balancesStart of year $7,833,844$8,104,243
X-33 Total liabilities and net assetsStart of year $7,997,524$8,113,143
Part XI · Reconciliation of net assets $8,104,243 net assets at year end
XI-1 Total revenue$810,722
XI-2 Total expenses$507,782
XI-3 Revenue less expenses$302,940
XI-4 Net assets at start of year$7,833,844
XI-5 Net unrealized gains (losses) on investments−$7,561
XI-9 Other changes in net assets−$24,980
XI-10 Net assets at end of year$8,104,243

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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