Handel and Haydn Society

Analysis

Handel and Haydn Society is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1930, 96 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 June 2023, Handel and Haydn Society reported income of $14.8m and spending of $9.3m, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.4m to $14.8m (+132%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 284%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Handel and Haydn Society sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include The International Coalition of Historic Ite Museums of Conscience ($14.8m), Utah Shakespearean Festival Foundation ($14.8m) and Science Museum Oklahoma Inc ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $612k (6.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $37.2m against liabilities of $2.3m, net assets of $34.9m. It reported 225 employees.