North End Music and Performing Arts Center

Analysis

North End Music and Performing Arts Center is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2001, 25 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, North End Music and Performing Arts Center reported income of $1.2m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $686k to $1.2m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North End Music and Performing Arts Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Fort Adams Trust Inc ($1.2m), March on Washington Film Festival ($1.2m) and Indianapolis Dance Company Inc GHDT ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $204k (18% of expenses). Other salaries and wages came to $457k. At year end it held assets of $1.4m against liabilities of $150k, net assets of $1.2m. It reported 21 employees.