MASS Design Art & Technology Institute Inc

EIN: 814992798 501(c)(3) Arts, Culture & Humanities

New Bedford, MA

Total Revenue
$341,213
Total Expenses
$432,309
Total Assets
$96,664
Net Assets
$51,925
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
AMELIA KOCH
Tax Period
2023-01-01 to 2023-12-31

MASS Design Art & Technology Institute Inc, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $341K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $432K exceeded revenue, resulting in a 27% operating deficit.

Mission

A non-collecting 21st century museum focusing on exhibitions, educational programming, and public outreach, DAMTA presents international exhibitions and programs that demonstrate the impact of new technologies in art and design.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $340,175
Program Service Revenue $0
Investment Income $29
Other Revenue $1,009
TOTAL REVENUE $341,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,489
Fundraising Expenses $71,040
Program Expenses $309,607
Other Expenses $270,820
TOTAL EXPENSES $432,309

Year-over-Year Comparison

2023 2022 Change
Revenue $341,213 $474,881 -0.3%
Expenses $432,309 $332,948 +0.3%
Net Income $-91,096 $141,933 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
Employees
2
Volunteers
21

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOBEY EUGENIO TRUSTEE 1.00
Director
$0 $0 $0
DANIEL S SHEDD TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN SILVERSTEIN TRUSTEE 1.00
Director
$0 $0 $0
NANCY HAMMER TRUSTEE 1.00
Director
$0 $0 $0
PAMELA A MURRAY TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL KEATING TRUSTEE 1.00
Director
$0 $0 $0
DAVID JEFFREY TRUSTEE 1.00
Director
$0 $0 $0
STEVEN ASHLEY TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA THORNTON TRUSTEE 1.00
Director
$0 $0 $0
LARA HENDERSON TRUSTEE 1.00
Director
$0 $0 $0
SADIA SHEPARD TRUSTEE 1.00
Director
$0 $0 $0
JOCELIN HAMBLETT TRUSTEE 1.00
Director
$0 $0 $0
HARVEY GOLDMAN TRUSTEE 1.00
Director
$0 $0 $0
IVA BRITO TRUSTEE 1.00
Director
$0 $0 $0
AMELIA KOCH TREASURER 1.00
Officer Director
$0 $0 $0
NICHOLAS SULLIVAN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
GAYLE MANDLE VICE CHAIR 1.00
Officer Director
$0 $0 $0
WALTER BERNHEIMER II SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $341,213 $432,309 $96,664 $-91,096
2022 $474,881 $332,948 $147,681 $141,933
2021 $298,476 $349,498 $20,648 $-51,022
2020 $242,795 $264,812 $41,631 $-22,017
2019 $242,396 $404,362 $55,049 $-161,966
2018 $230,122 $118,651 $218,280 $111,471
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