Back Bay Chorale Ltd

Analysis

Back Bay Chorale Ltd is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2014, 12 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, Back Bay Chorale Ltd reported income of $317k and spending of $290k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $341k to $317k (-7.0%), an average of -1.8% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Back Bay Chorale Ltd sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Diaz Music Institute ($317k), Womens Suffrage National Monument Foundation ($317k) and Gold Coast Railroad Museum Inc ($317k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $110k (38% of expenses). At year end it held assets of $353k against liabilities of $0, net assets of $353k. It reported 4 employees.