Boston Early Music Festival Inc
- Assets
- $1.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Cambridge, MA
- Founding
- 02/1981
- Data as of
- 06/2022
- EIN
- 04-2704827
Organization Overview
Boston Early Music Festival Inc is located in Cambridge, MA. The organization was established in 1981. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Boston Early Music Festival Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Early Music Festival Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Boston Early Music Festival Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROMOTION OF PUBLIC INTEREST IN MUSIC WRITTEN & RECORDED BEFORE 1800
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL EARLY MUSIC SERIES CONCERTS AND EXHIBITION & RECORDINGS OF CONCERTS TO PROMOTE PUBLIC INTEREST IN MUSIC WRITTEN AND COMPOSED BEFORE 1800.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrian C Touw Treas & Director | OfficerTrustee | 1 | $0 |
David Halstead President & Director | OfficerTrustee | 1 | $0 |
Peter L Faber Clerk & Director | OfficerTrustee | 1 | $0 |
Bernice K Chen Chair & Director | OfficerTrustee | 1 | $0 |
Lee Ridgeway Director | Trustee | 1 | $0 |
Susan L Robinson V Pres & Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $212,275 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,299,568 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,511,843 |
| Total Program Service Revenue | $370,484 |
| Investment income | $457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,882,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,660 |
| Compensation of current officers, directors, key employees. | $117,660 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $380,362 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,939 |
| Payroll taxes | $38,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,047 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,064 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,778 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,361 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,633 |
| All other expenses | $337,280 |
| Total functional expenses | $1,823,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $747,544 |
| Savings and temporary cash investments | $12,590 |
| Pledges and grants receivable | $283,848 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,398 |
| Prepaid expenses and deferred charges | $512 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $189,570 |
| Total assets | $1,246,462 |
| Accounts payable and accrued expenses | $15,855 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $21,500 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $666,710 |
| Total liabilities | $704,065 |
| Net assets without donor restrictions | $542,397 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,246,462 |