Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
85 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
17 people listed on the 990; $99K paid to officers and key staff (Part VII, Section A).
Kevin Rice’s $99K as Executive Di is at the 32nd 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Kevin Rice | $99,314 | $90,000 | $82,500 | $82,500 | $72,500 | $63,269 |
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 Payomet INC executive salaries →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 15aNo
Programs and updates
Presents live music and theater, and offers arts education.
Questions for Payomet INC
Your first name shows with your question. Payomet INC answers here, for everyone.
Performances in theater, music, and dance presented for the benefit of the outer cape residents and visitors and summer circus classes for children.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-4054420) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $495K | $364K |
| Land, buildings, equipmentLn 10c | $293K | $288K |
| Total assetsLn 16 | $923K | $867K |
| LiabilitiesLn 26 | $34K | $45K |
| Net assetsLn 32 | $888K | $822K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $624K | $380K | $75K | $168K |
| Other employee benefitsLn 9 | $19K | $13K | $2K | $4K |
| Payroll taxesLn 10 | $80K | $49K | $10K | $22K |
| Other fees for servicesLn 11g | $111K | $54K | $51K | $6K |
| Advertising and promotionLn 12 | $99K | $99K | ||
| OccupancyLn 16 | $138K | $134K | $1K | $3K |
| Depreciation, depletion and amortizationLn 22 | $43K | $40K | $3K | |
| InsuranceLn 23 | $14K | $14K | ||
| Other expenses (24a–d)Ln 24 | $1.1M | $1.1M | ||
| All other expensesLn 24e | $32K | $32K | $120 | $199 |
| Total functional expensesLn 25 | $2.3M | $1.9M | $142K | $203K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 13, 2025 | $2.2M | $2.3M | −$66K | $822K | 990 PDF |
| FY2023Filed with the IRS Nov 12, 2024 | $2.0M | $2.1M | −$140K | $888K | 990 PDF |
| FY2022Filed with the IRS Nov 13, 2023 | $1.7M | $1.7M | $47K | $1.0M | 990 PDF |
| FY2021Filed with the IRS Nov 14, 2022 | $1.6M | $1.2M | $454K | $981K | 990 PDF |
| FY2020Filed with the IRS Nov 12, 2021 | $574K | $527K | $47K | $527K | 990 PDF |
| FY2019Filed with the IRS Jan 27, 2021 | $1.6M | $1.5M | $104K | $419K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $2,225,450 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, 4 to look at
Part VIII · Statement of revenue $2,225,450 across 9 lines filed
Part IX · Statement of functional expenses $2,291,938 across 10 lines filed
Part X · Balance sheet $867,056 assets, 14 lines filed
Part XI · Reconciliation of net assets $821,890 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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