Boston Baroque Inc

Analysis

Boston Baroque Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Boston Baroque Inc reported income of $2.7m and spending of $2.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.7m (+98%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boston Baroque Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Battle of Franklin Trust Inc ($2.7m), Truthout ($2.7m) and Aip Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $130k (5.7% of expenses). Other salaries and wages came to $941k. At year end it held assets of $525k against liabilities of $161k, net assets of $365k. It reported 115 employees.