Massachusetts Review Inc

Analysis

Massachusetts Review Inc is a registered charity in United States, based in Hadley, MA. It received its IRS tax-exemption ruling in October 1971, 55 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, Massachusetts Review Inc reported income of $263k and spending of $249k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $200k to $263k (+32%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Massachusetts Review Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Daces Rock N More Music Academy ($263k), Springfield Area Public Access Television ($263k) and Kansas School of Classical Ballet Inc ($263k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $37k (15% of expenses). Other salaries and wages came to $47k. At year end it held assets of $150k against liabilities of $11k, net assets of $139k. It reported 3 employees.