National Braille Press Inc

Analysis

National Braille Press Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1937, 89 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, National Braille Press Inc reported income of $4.4m and spending of $4.5m, spending 101% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $5.0m to $4.4m (-12%), an average of -4.2% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Braille Press Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Marthas Vineyard Preservation TR Inc ($4.4m), Grub Street Inc ($4.4m) and Dallas Black Dance Theatre ($4.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 17% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $227k (5.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.8m against liabilities of $303k, net assets of $9.5m. It reported 63 employees.