Boston Artists Ensemble Inc

Analysis

Boston Artists Ensemble Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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 Artists Ensemble Inc reported income of $70k and spending of $66k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $56k to $70k (+26%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boston Artists Ensemble Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include The Knickerbocker Hook and Ladder Company of Closter New Jersey ($70k), Amherst Youth Soccer Association ($70k) and 165 Main Street Inc ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.