Boston 4 Celebrations Foundation Inc
- Assets
- $3.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/1996
- Data as of
- 08/2020
- EIN
- 04-3311403
Organization Overview
Boston 4 Celebrations Foundation Inc is located in Boston, MA. The organization was established in 1996. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston 4 Celebrations Foundation 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 08/2020, Boston 4 Celebrations Foundation Inc generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $282.3k during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (34.4%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR PUBLIC CELEBRATION, CONCERT, AND FIREWORKS ON JULY 4TH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOR PUBLIC CELEBRATION, CONCERT, AND FIREWORKS ON JULY 4TH. DUE TO THE UNEXPECTED LIFTING OF PUBLIC HEALTH RESTRICTIONS RELATED TO THE COVID-19 PANDEMIC IN LATE MAY 2021 THAT MADE A JULY 4 CONCERT POSSIBLE, BOSTON 4 CELEBRATIONS, IN CONSULTATION WITH THE CITY AND STATE, DECIDED THAT THE BEST WAY TO PROVIDE A PUBLIC CONCERT WAS TO HOST THE FREE PUBLIC EVENT AT TANGLEWOOD IN LENOX, MA AND HAVE THE FIREWORKS AT BOSTON COMMON. ON JULY 4, 2021, KEITH LOCKHART LED THE BOSTON POPS IN THE ORGANIZATION'S FIRST LIVE CONCERT IN 478 DAYS. THE FREE CONCERT AT TANGLEWOOD WAS ENJOYED BY 7,690 PEOPLE WHO INCLUDED VETERANS, HEALTH CARE WORKERS, AND FIRST RESPONDERS. SPECIAL APPEARANCES BY OSCAR-AWARD WINNER JON BATISTE, LEGENDARY SINGER MAVIS STAPLES, AND THE U.S. AIR FORCE'S SINGING SERGEANTS PAID TRIBUTE TO THE AMERICAN SPIRIT AND COMING THROUGH THE WORST OF THE PANDEMIC. THE CONCERT WAS LIVE-STREAMED TO BOSTON COMMON AND BROADCAST ON BLOOMBERG TV AND RADIO AND ON WHDH-TV IN BOSTON. THE LIVE-STREAMING ALLOWED THE AUDIENCE AT TANGLEWOOD TO VIEW THE FIREWORKS ON LARGE SCREENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Macdonald Vp/exec. Producer, Trustee | OfficerTrustee | 40 | $88,251 |
Pamela Picard Vp/exec. Producer, Trustee | OfficerTrustee | 40 | $76,330 |
Evelyn Barnes Treasurer And Clerk, Trustee | OfficerTrustee | 1 | $0 |
Christopher Ruigomez President, Trustee | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Remote Facilities Production Support | 8/30/21 | $549,513 |
Art Payrollcom Artist Services | 8/30/21 | $252,179 |
Creative Artists Agency Llc Talent Management | 8/30/21 | $125,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,413,713 |
| Investment income | $0 |
| 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 | $3,413,713 |
| Statement of Expenses | |
|---|---|
| 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. | $111,236 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $157 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,600 |
| Office expenses | $15,583 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $282,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,930,264 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,500,000 |
| Accounts receivable, net | $49,249 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,479,513 |
| Accounts payable and accrued expenses | $2,193,402 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,193,402 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,286,111 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boston 4 Celebrations Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Boston Athletic Assoc Boston, MA PURPOSE: SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National September 11 Memorial And Museum At The World Trade Center New York, NY | $601,946,963 | $89,488,435 |
Oliver Hazard Perry Rhode Island Inc Newport, RI | $7,309,147 | $778,183 |
Scoa Inc Southampton, NY | $1,446,191 | $1,687,699 |
Boilermaker Road Race Inc Utica, NY | $3,269,163 | $333,916 |
Greater Hartford Festival Of Jazz Hartford, CT | $9,562 | $523,528 |
Festivals In Meriden Meriden, CT | $62,425 | $440,338 |
Ground Zero 360 Inc New York, NY | $949,074 | $512,424 |
Lynx Educational Foundation Newmarket, NH | $220,437 | $608,723 |
Boston 4 Celebrations Foundation Inc Boston, MA | $3,479,513 | $3,413,713 |
Gloversville Theatre Corporation Gloversville, NY | $516,659 | $395,424 |
Armenian Heritage Tribute And Genocide Memorial Foundation Inc Watertown, MA | $3,853,004 | $214,487 |
St Patricks Day Foundation Nyc Larchmont, NY | $536,214 | $16,403 |