Boston Modern Orchestra Project Inc

Analysis

Boston Modern Orchestra Project Inc is a registered charity in United States, based in Malden, MA. It received its IRS tax-exemption ruling in May 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Boston Modern Orchestra Project Inc reported income of $1.6m and spending of $1.9m, spending 118% of what it took in. Across the 5 years on record, from September 2019 to June 2023, income grew from $1.5m to $1.6m (+7.8%), an average of +1.9% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 87% 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 Modern Orchestra Project Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include International Union of Pure and Applied Chemistry ($1.6m), Association for Education in Journalism and Mass Communication ($1.6m) and Sports Museum of Ne Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $200k (11% of expenses). Other salaries and wages came to $200k. At year end it held assets of $1.7m against liabilities of $381k, net assets of $1.3m. It reported 160 employees.