Scoa INC FY2021 filing

Tax-deductible

Southampton, NY501(c)(3)Arts & CultureEIN 45-2703101Revenue $1.7M in FY2021

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To provide a dynamic venue to present compelling programming to our entire community through partnerships with a diverse slate of world-class artists, performers, educators and cultural insitutions enhancing the vitality of our local community. To restore and renovate the historic center and serve as a hub to strenghthen arts and culture in the southampton village community.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$167K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

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
3 of 5
filings with a surplus
Average surplus $108K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$167K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $168K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$184K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+40% vs prior year
Spent
$1.3M
To programs
76%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$1.7M
FY2021▲ +40%
Revenue by fiscal year
FY2020$1.2M
FY2021$1.7M
FY2022$1.2M
FY2023$1.5M
FY2024$1.5M
Expenses
$1.3M
FY2021▲ +41%
Expenses by fiscal year
FY2020$911K
FY2021$1.3M
FY2022$1.4M
FY2023$1.5M
FY2024$1.4M
Net assets
$1.3M
FY2021▲ +47%
Net assets by fiscal year
FY2020$861K
FY2021$1.3M
FY2022$1.1M
FY2023$1.1M
FY2024$1.1M

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 Nov 2013.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $980K Management & general 12% · $150K Fundraising 12% · $157K

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

15 people listed on the 990; $167K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$166,923Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Christina Strassfield’s $202K as Executive Director is at the 85th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christina Strassfield$202,223$180,577———
Tom Dunn——$115,615$166,923$158,762
Joseph L Diamond$131,731$117,500$110,385——

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.

See Scoa INC 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Presents diverse arts and cultural programming, restoring a historic venue to strengthen community vitality.

Provided by the organization

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1 program · $980K · in their own filed words · FY2021
01

To provide a dynamic venue to present compelling programming to our entire community through partnerships with a diverse slate of world-class artists, performers, educators and cultural insitutions enhancing the vitality of our local community.

$980Kprogram 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 7 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$1.5M
Fees for servicesLn 2g$180K
Other incomeLn 4–11$49K
Money outPt IX
$1.3M
Ln 25
Programscol B$980K
Managementcol C$150K
Fundraisingcol D$157K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$793K
Total assetsLn 16$1.4M
LiabilitiesLn 26$184K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$377K
Noncash giftsLn 1g$47K
Fundraising eventsLn 1c$354K
Fees for servicesLn 2g$180K
Other incomeLn 4–11$49K
Gains on assetsLn 7−$577
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$793K
SavingsLn 2$365
Cash and savings togetherLn 1–2$793K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$574K
Other assetsLn 15$0
Total assetsLn 16$1.4M
LiabilitiesLn 26$184K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 514
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$389K$793K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$509K$574K
Total assetsLn 16$1.0M$1.4M
LiabilitiesLn 26$176K$184K
Net assetsLn 32$861K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$167K$42K$42K$83K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$446K$368K$37K$41K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$7K$5K$881$1K
Payroll taxesLn 10$47K$31K$6K$9K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$12K$12K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$29K$25K$3K$2K
Advertising and promotionLn 12$108K$108K
Office expensesLn 13$58K$47K$6K$6K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$4K$4K
InterestLn 20$5K$5K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$60K$39K$11K$11K
InsuranceLn 23$41K$31K$10K
Other expenses (24a–d)Ln 24$299K$282K$13K$3K
All other expensesLn 24e$3K$2K$439$693
Total functional expensesLn 25$1.3M$980K$150K$157K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$1.4M$24K$1.1M 990 PDF
FY2023 $1.5M$1.5M−$47K$1.1M 990 PDF
FY2022 $1.2M$1.4M−$132K$1.1M 990 PDF
FY2021 Viewing $1.7M$1.3M$401K$1.3M 990 PDF
FY2020 $1.2M$911K$292K$861K 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 $1,687,699 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,203,231$1,459,169
I-9 Program service revenuePrior year $65,341$180,011
I-10 Investment incomePrior year $167−$577
I-11 Other revenuePrior year −$65,213$49,096
I-12 Total revenuePrior year $1,203,526$1,687,699
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $498,032$666,829
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $413,241$619,636
I-18 Total expensesPrior year $911,273$1,286,465
I-19 Revenue less expensesPrior year $292,253$401,234
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,687,699 across 13 lines filed
Lines not itemized here account for $1,239 of total revenue; see the IRS return.
VIII-1c Fundraising events$354,259
VIII-1e Government grants$376,772
VIII-1f All other contributions, gifts and grants$728,138
VIII-1g Noncash contributions (included above)$47,411
VIII-1h Total contributions, gifts and grants$1,459,169
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $180,011$180,011
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $116,725$116,725
VIII-7 Net gain or loss on sales of assetsRelated to mission −$577−$577
VIII-8 Net income from fundraising events−$68,997
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $129$129
VIII-12 Total revenueRelated to mission $180,802 · Excluded from tax $116,725$1,687,699
Part IX · Statement of functional expenses $1,286,465 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $41,731 · Management $41,731 · Fundraising $83,461$166,923
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $368,456 · Management $37,031 · Fundraising $40,986$446,473
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $4,589 · Management $881 · Fundraising $1,393$6,863
IX-10 Payroll taxesPrograms $31,142 · Management $5,980 · Fundraising $9,448$46,570
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $11,962$11,962
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $24,631 · Management $2,620 · Fundraising $1,601$28,852
IX-12 Advertising and promotionPrograms $108,059$108,059
IX-13 Office expensesPrograms $46,632 · Management $5,829 · Fundraising $5,829$58,290
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $4,471$4,471
IX-20 InterestManagement $4,927$4,927
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $38,879 · Management $10,560 · Fundraising $10,560$59,999
IX-23 InsurancePrograms $30,711 · Management $10,237$40,948
IX-24 Other expenses (24a–d)Programs $282,418 · Management $13,146 · Fundraising $3,146$298,710
IX-24e All other expensesPrograms $2,286 · Management $439 · Fundraising $693$3,418
IX-25 Total functional expensesPrograms $979,534 · Management $149,814 · Fundraising $157,117$1,286,465
Part X · Balance sheet $1,446,191 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $389,094$793,124
X-2 Savings and temporary cash investmentsStart of year $383$365
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $123,940$64,827
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $14,514$13,399
X-10c Land, buildings and equipment, netStart of year $508,771$574,476
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,036,702$1,446,191
X-17 Accounts payable and accrued expensesStart of year $18,355$29,840
X-26 Total liabilitiesStart of year $175,676$183,931
X-27 Net assets without donor restrictionsStart of year $800,622$1,173,436
X-28 Net assets with donor restrictionsStart of year $60,404$88,824
X-32 Total net assets or fund balancesStart of year $861,026$1,262,260
X-33 Total liabilities and net assetsStart of year $1,036,702$1,446,191
Part XI · Reconciliation of net assets $1,262,260 net assets at year end
XI-1 Total revenue$1,687,699
XI-2 Total expenses$1,286,465
XI-3 Revenue less expenses$401,234
XI-4 Net assets at start of year$861,026
XI-10 Net assets at end of year$1,262,260

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

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