Yard INC EIN 23-7348937

Yard INC

EIN  23-7348937 Public charity (501(c)(3)) Chilmark, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports artists' creative and social work through residencies, performances, and community engagement.
Leadership
Stephanie Pacheco · Exec. Director · $130K
Money in and out
$398K revenue, $1.1M expenses
Bottom line
39% program efficiency

Supports artists' creative and social work through residencies, performances, and community engagement. For fiscal year 2024 it reported $398K in revenue, $1.1M in expenses, and $2.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$700K
Where spending went · Part IX cols B–D
Program services $0.39 Management & general $0.55 Fundraising $0.06
Program efficiency
39%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate▼ -63% vs prior filing year
Surplus margin
-176%
revenue over expenses, this year▼ -80% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$398K
FY2024▼ -47%
Expenses
$1.1M
FY2024▼ -27%
Total assets
$2.2M
FY2024▼ -24%
Total liabilities
$45K
FY2024▲ +15%
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$700K
Total assetsPt X · Ln 16$2.2M
Program-expense ratioPt IX · col B39%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $428K of program spending, described in the organization's own filed words · FY2024.
01

Providing a supportive environment for dance development through creative research residency for artists, choreographic mentorship, brown bag lunch seminar, community roundtables. As well as providing a venue for performances in the performing arts, including contempoary dance and related forms, puppetry, children's theater, music…

$428Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYard INC
EINHdr · item D23-7348937
Principal addressHdr · item CChilmark, MA
WebsiteHdr · item Jwww.dancetheyard.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A620)
Ruling yearIRS BMFNov 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Exec. Director
$130,000Pt VII · Sec A
FMR Exec Director
$84,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2020
David White$106,724$171,704
Stephanie Pacheco$130,000$71,222
Yvonne Mendez$84,000$105,561
Yvone Mendez$83,538
Chloe Jones$60,340$67,018$62,309$54,309

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$368K · 92%
Program service revenue$24K · 6%
Other revenue$7K · 2%
Contributions & grants92%$368K
Program service revenue6%$24K
Other revenue2%$7K
— government grantsLn 1e$110K
Total revenueLn 12$398K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.39 Management & general $0.55 Fundraising $0.06
Program services39%$428K
Management & general55%$600K
Fundraising6%$70K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$233K
Total assetsLn 16$2.2M
Total liabilitiesLn 26$45K
Total net assetsLn 32$2.2M
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $233K · Operating expenses/yr $1.1M
2.6 months
Where the money goes
Program services
Program services $428K · Total expenses $1.1M
39%
Management & General
Management & general $600K · Total expenses $1.1M
55%
Fundraising
Fundraising $70K · Total expenses $1.1M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $165K · Solicited contributions (3-yr avg) $760K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $368K · Total revenue $398K
92%
Government reliance
Government grants $110K · Total revenue $398K
28%
Earned-income share
Program service revenue $24K · Total revenue $398K
6%
Investment reliance
Investment income $0 · Total revenue $398K
0%
Program self-sufficiency
Program service revenue $24K · Total expenses $1.1M
2%
Growth & trend
Revenue growth (YoY)
This year $398K · Prior year $757K
-47%
Revenue CAGR
FY2019 $1.2M · FY2024 $398K
-19%
Net-asset trend (YoY)
End of year $2.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $398K · Expenses $1.1M
-176%
Liabilities-to-Assets
Total liabilities — · Total assets $2.2M
Net-asset ratio
Net assets $2.2M · Total assets $2.2M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stephanie Pacheco · Reported title EXEC. DIRECTOR · Highest reported compensation $130K · Total expenses $1.1M
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $350K · Total expenses $1.1M
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 39%
Overhead ratio 55%
Fundraising cost ratio 19%
Revenue growth -47%
Legal fee ratio 0%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$398K revenue · viewing · ⤓ 990 PDF
FY2023$757K revenue · ⤓ 990 PDF
FY2022$1.8M revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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