Oatlands INC FY2023 filing

Tax-deductible

Leesburg, VA501(c)(3)Arts & CultureEIN 54-1118635Revenue $1.1M in FY2023

On file with the IRSoatlands.org20850 Oatlands Plantation Ln, 20175-6572 · Leesburg, VATax-exempt since Jun 1980Publicly supported charity — 170(b)(1)(A)(vi)

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Revealing, understanding & preserving the human, architectural & natural history of Oatlands

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$175K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
1 of 4
filings with a surplus
Average deficit $80K a year · 8% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$175K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$130K
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-0.9% vs prior year
Spent
$1.2M
To programs
69%
Net assets
$467K
By yearFY2021–FY2024
Revenue
$1.1M
FY2023▼ -0.9%
Tap a bar for its year
Revenue by fiscal year
FY2021$746K
FY2022$1.1M
FY2023$1.1M
FY2024$818K
Expenses
$1.2M
FY2023▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2021$953K
FY2022$980K
FY2023$1.2M
FY2024$946K
Net assets
$467K
FY2023▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2021$452K
FY2022$593K
FY2023$467K
FY2024$0

From the FY2023 Form 990 (year ending March 2023) · see the original

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You’re viewing the FY2023 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 Jun 1980.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $854K Management & general 28% · $341K Fundraising 3% · $41K

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

14 people listed on the 990; $175K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$174,519Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Caleb Schutz’s $178K as Former CEO is at the 99th percentile of top reported officer pay among 2216 $100K–1M 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

NameFY2024FY2023FY2022FY2021
Caleb Schutz$177,692$174,519$157,500$155,769

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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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

Preserving Oatlands' human, architectural, and natural history through research and education.

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Provided by the organization

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3 programs · $854K · in their own filed words · FY2022
01

Oatlands history is american history. Between 1727 and 1964, the property was residence to a succession of tenant farmers, influential families, servants, and workers, including over 150 people who were enslaved. We contrinued our research to reclaim the contrasting, yet inseparable, histories of the propertys residents.

$854Kprogram expense
02

Oatlands' ample space and quiet places of solitude provide a sanctuary that enables each visitor to conduct their own, personal exploration of history and the outdoors. An ever changing tapestry of sights, sounds and fragrances in the meadows, woodlands and gardens also provide a rich and varied outdoor experience year-round.

Pt IX · col B
03

Oatlands continued its substantial investment in preserving the buildings and grounds of the property, including our 100 to 250 year old specimen trees. For the first time in many years, arborists cataloged, surveyed the health of and cared for trees.

Pt IX · col B

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
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$647K
Fees for servicesLn 2g$252K
Other incomeLn 4–11$211K
Money outPt IX
$1.2M
Ln 25
Programscol B$854K
Managementcol C$341K
Fundraisingcol D$41K
Owns and owesPt X
$467K
net assets · Ln 32
Cash and savingsLn 1–2$441K
Total assetsLn 16$597K
LiabilitiesLn 26$130K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$647K
Government grantsLn 1e$32K
Noncash giftsLn 1g$2K
Fees for servicesLn 2g$252K
Investment incomeLn 3$102
Other incomeLn 4–11$211K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$143K
SavingsLn 2$298K
Cash and savings togetherLn 1–2$441K
Land, buildings, equipmentLn 10c$121K
Other assetsLn 15$21K
Total assetsLn 16$597K
LiabilitiesLn 26$130K
Net assetsLn 32$467K
OperationsPt I, VI
EmployeesI 519
VolunteersI 60
Fiscal year endsHeaderMarch
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 FY23End FY23
Cash and savingsLn 1–2$555K$441K
Land, buildings, equipmentLn 10c$110K$121K
Total assetsLn 16$708K$597K
LiabilitiesLn 26$115K$130K
Net assetsLn 32$593K$467K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$193K$116K$58K$19K
Other salaries and wagesLn 7$97K$64K$26K$7K
Other employee benefitsLn 9$17K$11K$5K$1K
Payroll taxesLn 10$19K$12K$5K$2K
Management feesLn 11a$79K$63K$16K
Legal feesLn 11b$58K$58K
Accounting feesLn 11c$116K$116K
Other fees for servicesLn 11g$26K$17K$9K
Advertising and promotionLn 12$11K$7K$4K
Office expensesLn 13$423$263$122$38
TravelLn 17$104$65$30$9
Depreciation, depletion and amortizationLn 22$18K$17K$909
InsuranceLn 23$51K$43K$8K
Other expenses (24a–d)Ln 24$469K$434K$30K$6K
All other expensesLn 24e$82K$70K$10K$2K
Total functional expensesLn 25$1.2M$854K$341K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $818K$946K−$128K$0 990 PDF
FY2023 Viewing $1.1M$1.2M−$126K$467K 990 PDF
FY2022 $1.1M$980K$141K$593K 990 PDF
FY2021 $746K$953K−$207K$452K 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 FY2023 990 (6 parts)
Part I · Summary $1,110,600 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $744,715$646,688
I-9 Program service revenuePrior year $204,214$252,496
I-10 Investment incomePrior year $3,752$102
I-11 Other revenuePrior year $168,277$211,314
I-12 Total revenuePrior year $1,120,958$1,110,600
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $337,575$325,137
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $641,971$911,151
I-18 Total expensesPrior year $979,546$1,236,288
I-19 Revenue less expensesPrior year $141,412−$125,688
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,110,600 across 9 lines filed
Lines not itemized here account for $1,367 of total revenue; see the IRS return.
VIII-1e Government grants$31,635
VIII-1f All other contributions, gifts and grants$615,053
VIII-1g Noncash contributions (included above)$1,774
VIII-1h Total contributions, gifts and grants$646,688
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $252,496$252,496
VIII-3 Investment incomeExcluded from tax $102$102
VIII-6 Net rental income or lossExcluded from tax $208,582$208,582
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,365$1,365
VIII-12 Total revenueRelated to mission $252,496 · Excluded from tax $211,416$1,110,600
Part IX · Statement of functional expenses $1,236,288 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $115,598 · Management $57,799 · Fundraising $19,266$192,663
IX-7 Other salaries and wagesPrograms $64,067 · Management $25,916 · Fundraising $6,600$96,583
IX-9 Other employee benefitsPrograms $10,977 · Management $4,697 · Fundraising $1,302$16,976
IX-10 Payroll taxesPrograms $11,776 · Management $5,461 · Fundraising $1,678$18,915
IX-11a Management feesPrograms $63,168 · Management $15,792$78,960
IX-11b Legal feesManagement $57,884$57,884
IX-11c Accounting feesManagement $115,676$115,676
IX-11g Other fees for servicesPrograms $17,170 · Management $8,681$25,851
IX-12 Advertising and promotionPrograms $7,204 · Fundraising $4,189$11,393
IX-13 Office expensesPrograms $263 · Management $122 · Fundraising $38$423
IX-17 TravelPrograms $65 · Management $30 · Fundraising $9$104
IX-22 Depreciation, depletion and amortizationPrograms $17,265 · Management $909$18,174
IX-23 InsurancePrograms $43,149 · Management $7,614$50,763
IX-24 Other expenses (24a–d)Programs $433,661 · Management $29,716 · Fundraising $6,047$469,424
IX-24e All other expensesPrograms $70,042 · Management $10,471 · Fundraising $1,986$82,499
IX-25 Total functional expensesPrograms $854,405 · Management $340,768 · Fundraising $41,115$1,236,288
Part X · Balance sheet $597,482 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $144,850$142,970
X-2 Savings and temporary cash investmentsStart of year $409,743$298,306
X-4 Accounts receivableStart of year $2,970$700
X-8 Inventories for sale or useStart of year $12,092$13,712
X-10c Land, buildings and equipment, netStart of year $110,051$121,286
X-15 Other assetsStart of year $20,508$20,508
X-16 Total assetsStart of year $707,683$597,482
X-17 Accounts payable and accrued expensesStart of year $46,797$69,750
X-19 Deferred revenueStart of year $63,487$55,357
X-25 Other liabilitiesStart of year $4,439$5,103
X-26 Total liabilitiesStart of year $114,723$130,210
X-27 Net assets without donor restrictionsStart of year $300,681$150,623
X-28 Net assets with donor restrictionsStart of year $292,279$316,649
X-32 Total net assets or fund balancesStart of year $592,960$467,272
X-33 Total liabilities and net assetsStart of year $707,683$597,482
Part XI · Reconciliation of net assets $467,272 net assets at year end
XI-1 Total revenue$1,110,600
XI-2 Total expenses$1,236,288
XI-3 Revenue less expenses−$125,688
XI-4 Net assets at start of year$592,960
XI-10 Net assets at end of year$467,272

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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