Massachusetts Institute for Psychoanalysis Inc

Analysis

Massachusetts Institute for Psychoanalysis Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Massachusetts Institute for Psychoanalysis Inc reported income of $238k and spending of $205k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $241k to $238k (-0.9%), an average of -0.2% a year. Over the whole period it spent 80% 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 Institute for Psychoanalysis Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Iron Crow Theatre Company Inc ($238k), Music and Youth Initiative Inc ($238k) and Brasarte the Damasceno Brazilian Cultural Exchange ($238k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $65k (32% of expenses). At year end it held assets of $466k against liabilities of $0, net assets of $466k. It reported 1 employees.