Golden Ball Tavern Trust

Analysis

Golden Ball Tavern Trust is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in February 1965, 61 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 December 2023, Golden Ball Tavern Trust reported income of $195k and spending of $313k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $377k to $195k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 952%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Ball Tavern Trust sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Institute for Frontier Science ($195k), Winterland Music Outreach Foundation Inc ($195k) and California Music Center ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $105k (34% of expenses). Other salaries and wages came to $40k. At year end it held assets of $5.3m against liabilities of $14k, net assets of $5.3m. It reported 2 employees.