Skip to main content

Nonprofit · EIN 04-3192668

MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC

Tax-exempt · HOLYOKE, MA 01040

Financials

$1M$554K2022$3.5M$576K2023
Revenue Expenses · by fiscal year end
Financials of MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$3,491,497$575,572$2,915,925$5,356,553$389,012$4,967,541
June 30, 2023990 (amended)$1,001,641$553,501$448,140$2,631,951$580,335$2,051,616
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$3,486,755
of which government grants
$2,355,900
Program service revenue
$4,222
Investment income
$0
Net income from fundraising events
$520
Other revenue
$520

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$66,560
Other salaries and wages
$45,423
Salaries, compensation and benefits (total)
$122,372
Professional fundraising fees
$0
Accounting fees
$48,993
Occupancy
$34,670
Travel
$10,338
Depreciation
$849
Program services (functional)
$381,998
Management and general (functional)
$149,065
Fundraising (functional)
$44,509

Balance sheet and other

Total assets, start of year
$2,631,951
Total assets, end of year
$5,356,553
Total liabilities, end of year
$389,012
Net assets, end of year
$4,967,541
Land, buildings and equipment
$51,847
Net assets without donor restrictions
$4,967,541
Gross receipts
$3,491,497
Employees
5
Volunteers
25
Year formed
1993
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
DONALD SANDERSExecutive Dir.
Trustee or director, Officer
35$66,560
MIRJANA BLOKARDirector
Trustee or director
2$0
ALFRED HUTTDirector
Trustee or director
2$0
SYBIL SHAINWALDDirector
Trustee or director
2$0
JAMES SUTTERDirector
Trustee or director
2$0
TERESITA ALICEAPresident
Trustee or director, Officer
2$0
JOHN HELLWEGTreasurer
Trustee or director, Officer
2$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
Donald SandersExecutive Dir.
Officer
35$64,244
Mirjana BlokarDirector
Trustee or director
2$0
Alfred HuttDirector
Trustee or director
2$0
Sybil ShainwaldDirector
Trustee or director
2$0
James SutterDirector
Trustee or director
2$0
Teresita AliceaPresident
Officer
2$0
John HellwegTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
124 CHESTNUT ST, HOLYOKE, MA 01040-4408
Principal officer (990 for 2023)
DONALD SANDERS, 56 SUFFOLK STREET 300, Holyoke, MA 01040
Signed the 990
DONALD SANDERS, Executive Dir.
Phone
(413) 540-0200
Return prepared by
LaPier Dillon & Associates PC

Mission

MIFA represents the finest examples of contemporary practice in the performing, visual, and literary arts for the purposes of educating, entertaining, and enriching lives. Additionally, the organization is overseeing the rehabilitation of the Victory Theatre, a 1920's Theatre in Holyoke, Massachusetts.

990 for the year ended June 30, 2024

Program accomplishments

  • MIFA presents, commissions, and produces performing, visual, and literary arts events to educate, entertain, and enrich the public to promote and further the restoration and reopening of the Victory Theatre, which it owns in Holyoke, Massachusetts.
    Expenses $381,998 · revenue $4,222

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-3192668
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,356,553
Income (IRS master file)
$3,491,497

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$3,491,497$575,572$5,356,553IRS
990June 2023$1,001,641$553,501$2,631,951IRS
990June 2022$831,365$435,608$2,509,553IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3192668).

Questions about MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC

What is the EIN of MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC?
The employer identification number (EIN) of MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC is 04-3192668.
Is MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC?
The 990 for the year ended June 30, 2024 names DONALD SANDERS.
Who are the officers and directors of MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC?
The 990 for the year ended June 30, 2024 lists 7 people; 1 received compensation from the organization, the highest $66,560 (DONALD SANDERS, Executive Dir.).
How much revenue does MASSACHUSETTS INTERNATIONAL FESTIVAL OF THE ARTS INC have?
On its 990 for the year ended June 30, 2024 it reported revenue of $3,491,497, expenses of $575,572 and total assets of $5,356,553 at year end.

Other nonprofits in HOLYOKE

All nonprofits in HOLYOKE · Massachusetts · Arts, culture and humanities