Dante Alighieri Society of Massachusetts

Analysis

Dante Alighieri Society of Massachusetts is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 1977, 49 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 December 2023, Dante Alighieri Society of Massachusetts reported income of $276k and spending of $208k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $276k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dante Alighieri Society of Massachusetts sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Sanborn Area Historical Society ($276k), Orleans Renaissance Group Inc ($276k) and Talbot County Arts Council Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $21k (10% of expenses). Other salaries and wages came to $57k. At year end it held assets of $483k against liabilities of $36k, net assets of $447k. It reported 10 employees.