47 Palmer Inc, operating under the name Passim, is located in Cambridge, MA. The organization was established in 1996. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Passim employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Passim 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, Passim generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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 MISSION OF PASSIM IS TO PROVIDE TRULY EXCEPTIONAL AND INTERACTIVE LIVE MUSICAL EXPERIENCES FOR BOTH PERFORMERS AND AUDIENCES, TO NURTURE ARTISTS AT ALL STAGES OF THEIR CAREER, AND TO BUILD A VIBRANT MUSIC COMMUNITY. WE DO SO THROUGH OUR LEGENDARY LISTENING VENUE, MUSIC SCHOOL, ARTIST GRANTS AND OUTREACH PROGRAMS. AS A NONPROFIT SINCE 1994, PASSIM CARRIES ON THE HERITAGE OF OUR PREDECESSORS-THE HISTORIC CLUB 47 (1958-1968) AND FOR-PROFIT PASSIM (1969-1994). WE CULTIVATE A DIVERSE MIX OF MUSICAL TRADITIONS, WHERE THE EMPHASIS IS ON THE RELATIONSHIP BETWEEN PERFORMERS AND AUDIENCE AND BETWEEN TEACHERS AND STUDENTS. LOCATED IN HARVARD SQUARE, PASSIM SERVES CAMBRIDGE AND THE BROADER REGION BY FEATURING LOCAL, NATIONAL AND INTERNATIONAL ARTISTS. OUR ULTIMATE GOAL IS TO HELP THE PERFORMANCE ARTS FLOURISH AND THEREBY ENRICH THE LIVES OF MEMBERS OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLUB PASSIM - SEE SCHEDULE OCLUB PASSIMCLUB PASSIM PUT ON 288 CONCERTS DURING FISCAL YEAR 2022, CONDUCTED IN THE CLUB AND VIA LIVESTREAM. IN A TYPICAL YEAR, IN ADDITION TO OUR REGULAR CONCERTS, WE HOLD A VARIETY OF SPECIAL CONCERTS, INCLUDING OUR ANNUAL CELTIC MUSIC FESTIVAL. WE HELP DEVELOP EMERGING ARTISTS BY OFFERING THEM THE OPPORTUNITY TO PERFORM TO SMALLER AUDIENCES AND OPENING FOR BETTER-KNOWN MUSICIANS. A MAJOR VEHICLE FOR THIS IS THROUGH OUR WEEKLY OPEN-MIC, WHICH WE REINSTITUTED IN JUNE 2014. AT OPEN MIC, ANY MUSICIAN IS WELCOME TO PLAY SEVERAL SONGS ON OUR STAGE. WE ALSO TYPICALLY HOLD 2 WEEKEND-MUSIC FESTIVALS ("CAMPFIRE FESTIVALS") ON THE MEMORIAL DAY AND LABOR DAY WEEKENDS THAT PROVIDE AN OPPORTUNITY FOR LESSER-KNOWN ARTISTS TO PLAY. OUR AUDIENCE TYPICALLY RANGES IN AGE FROM 25-65 AND COMES MAINLY FROM METROPOLITAN BOSTON.
EDUCATION - SEE SCHEDULE OEDUCATIONEDUCATION - PASSIM SCHOOL OF MUSICFROM JULY 1, 2021 THROUGH JUNE 30, 2022, THE PASSIM SCHOOL OF MUSIC SERVED 622 STUDENTS THROUGH 112 CLASSES, VOICE LESSONS, AND WORKSHOPS. THE INTIMATE, INCLUSIVE ENVIRONMENT IS SPECIALLY DESIGNED TO FOSTER A SENSE OF COMMUNITY ACROSS STUDENTS AND INSTRUCTORS. MASTER CLASSES AND WORKSHOPS GIVE STUDENTS AN OPPORTUNITY TO WORK CLOSELY WITH THEIR FAVORITE ARTISTS AND TO LEARN SPECIFIC TECHNIQUES FROM THE MASTERS. THE SCHOOL IS FOR ADULTS AND DOES NOT AWARD DEGREES OR CERTIFICATES.EDUCATION - IGUANA MUSIC FUNDTHE FUND, ORIGINATED IN 2009, GIVES GRANTS TO NEW ENGLAND-BASED ARTISTS TO HELP DEVELOP THEIR CAREERS OR ASSIST THEIR COMMUNITY-SERVICE EFFORTS. IN GENERAL, BETWEEN 250-300 MUSICIANS APPLY AND BETWEEN 20 AND 30 RECEIVE GRANTS. PASSIM HOLDS AN ANNUAL SPRING CELEBRATION OF THESE ARTISTS AT ITS CLUB, WHERE GRANT RECIPIENTS PERFORM. THOSE UNABLE TO BE PRESENT USUALLY SEND VIDEOS THAT ARE PLAYED TO THE AUDIENCE. ARTISTS ARE GENERALLY IN THEIR 20S OR 30S AND WHILE MANY COME FROM OR HAVE ROOTS IN THE BOSTON AREA, THEY ALL HAVE A STRONG NEW ENGLAND CONNECTION. TWO GRANTEES WERE GRAMMY NOMINEES IN PRIOR YEARS.
OUTREACH - SEE SCHEDULE OOUTREACHPASSIM PRESENTS ARTISTS IN THE COMMUNITY AS PART OF ITS OUTREACH PROGRAM. EACH SUMMER WE PRESENT A SERIES OF FREE OUTDOOR WEEKLY CONCERTS IN HARVARD SQUARE AND KENDALL SQUARE. IN ADDITION, WE HAVE STAGES AT THE HARVARD SQUARE BUSINESS ASSOCIATION'S MAYFAIR AND OKTOBERFEST FESTIVALS.WE ALSO HOLD OR COHOST 5 DIFFERENT FESTIVALS DURING THE YEAR. THESE INCLUDE CAMPFIRE.(TM)(PREVIOUSLY MENTIONED), THE PASSIM BLUEGRASS FESTIVAL, HARVARD SQUARE FOLK FESTIVAL, NEW ENGLAND AMERICANA FESTIVAL, AND BCMFEST (BOSTON'S CELTIC MUSIC FESTIVAL). THE LATTER IS THE PREMIER PRESENTER OF BOSTON-BASED IRISH, SCOTTISH & CAPE BRETON MUSIC. PASSIM ALSO HOSTS MONTHLY BCMFEST CONCERTS AT THE CLUB. THE FESTIVAL ENCOURAGES COLLABORATION ACROSS THE CELTIC SPECTRUM, ALONG WITH ENCOURAGING BOTH TRADITIONAL AND NEW INTERPRETATIONS OF THE MUSIC. ALL OF THESE EVENTS SERVE THE GENERAL PUBLIC AT LARGE.PEAR FUNDPASSIM EMERGENCY ARTIST RELIEF FUND WAS CREATED TO GRANT FINANCIAL ASSISTANCE TO ARTISTS WHO LOST EMPLOYMENT DURING THE COVID-19 WORLDWIDE PANDEMIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Patrick Kelly Director & Treasurer | OfficerTrustee | 5 | $0 |
Annie Bartlett Director & Chair | OfficerTrustee | 5 | $0 |
Jeremiah Potts Director | Trustee | 2 | $0 |
Alice Bruce Director | Trustee | 2 | $0 |
Ron Pastore Director | Trustee | 2 | $0 |
Brad Paul Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $134,682 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $128,443 |
All other contributions, gifts, grants, and similar amounts not included above | $555,913 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $819,038 |
Total Program Service Revenue | $798,451 |
Investment income | $85 |
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 | $1,617,574 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,041 |
Grants and other assistance to domestic individuals. | $86,545 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $90,931 |
Compensation of current officers, directors, key employees. | $22,733 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $371,172 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $18,045 |
Payroll taxes | $44,721 |
Fees for services: Management | $0 |
Fees for services: Legal | $850 |
Fees for services: Accounting | $11,133 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $433,367 |
Advertising and promotion | $6,612 |
Office expenses | $1,474 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $125,328 |
Travel | $2,386 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,374 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,984 |
Insurance | $25,340 |
All other expenses | $60,049 |
Total functional expenses | $1,508,704 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $470,301 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $29,000 |
Accounts receivable, net | $4,030 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $11,987 |
Prepaid expenses and deferred charges | $18,322 |
Net Land, buildings, and equipment | $59,784 |
Investments—publicly traded securities | $0 |
Investments—other securities | $95,174 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,175 |
Total assets | $700,773 |
Accounts payable and accrued expenses | $47,216 |
Grants payable | $0 |
Deferred revenue | $58,127 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $105,343 |
Net assets without donor restrictions | $467,768 |
Net assets with donor restrictions | $127,662 |
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 | $700,773 |
Over the last fiscal year, we have identified 2 grants that 47 Palmer Inc has recieved totaling $20,380.
Awarding Organization | Amount |
---|---|
A & V Kulaev Cultural Heritage Fund Walnut, CA PURPOSE: THIS GRANT SUPPORTED LABOR DAY WEEKENDS CAMPFIRE FESTIVAL TO HELP DEVELOP NEW ARTISTS AT THIS NON-PROFIT VENUE IN CAMBRIDGE, MASSACHUSETTS. THE FESTIVAL WAS HELD PARTIALLY LIVE AND PARTIALLY WITH SUBMITTED VIDEOSAND HAD BOTH A LIVE AUDIENCE AND A MUCH LARGER STREAMING AUDIENCE. | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,380 |
Organization Name | Assets | Revenue |
---|---|---|
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Consensus Building Institute Inc Cambridge, MA | $9,333,296 | $7,559,086 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
City Lore Inc New York, NY | $1,966,661 | $4,516,520 |
New Haven International Festival Of Arts & Ideas Inc New Haven, CT | $2,354,201 | $4,042,570 |